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EQUITY (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Dividends declared and paid on shares of common stock and noncontrolling common units
The following table lists the dividends declared and paid on our shares of common stock and noncontrolling common units during the six months ended June 30, 2013: 
Period
 
Amount  per
Share/Unit
 
Period Covered
 
Dividend Paid Date
First Quarter 2013
 
$
0.21

 
January 1, 2013 to March 31, 2013
 
March 29, 2013
Second Quarter 2013
 
$
0.21

 
April 1, 2013 to June 30, 2013
 
June 28, 2013
Activity of restricted stock awards
The following table summarizes the activity of restricted stock awards during the six months ended June 30, 2013:
 
Units
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2013
633,222

 
$
15.64

Granted
5,004

 
31.97

Vested
(2,601
)
 
20.50

Forfeited
(3,863
)
 
20.39

Nonvested at June 30, 2013
631,762

 
$
15.61

Computation of basic and diluted EPS
The computation of basic and diluted EPS is presented below (dollars in thousands, except share and per share amounts): 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
NUMERATOR
 
 
 
 
 
 
 
Income from continuing operations
$
4,564

 
$
2,397

 
$
9,429

 
$
5,161

Less: Net income attributable to restricted shares
(133
)
 
(131
)
 
(265
)
 
(263
)
Less: Income from continuing operations attributable to unitholders in the Operating Partnership
(1,354
)
 
(804
)
 
(2,849
)
 
(1,687
)
Income from continuing operations attributable to American Assets Trust, Inc. common stockholders—basic
3,077

 
1,462

 
6,315

 
3,211

Plus: Results from discontinued operations attributable to American Assets Trust, Inc. common stockholders

 
154

 

 
226

Net income attributable to common stockholders—basic
$
3,077

 
$
1,616

 
$
6,315

 
$
3,437

Income from continuing operations attributable to American Assets Trust, Inc. common stockholders—basic
$
3,077

 
$
1,462

 
$
6,315

 
$
3,211

Plus: Income from continuing operations attributable to unitholders in the Operating Partnership
1,354

 
804

 
2,849

 
1,687

Income from continuing operations attributable to common stockholders—diluted
4,431

 
2,266

 
9,164

 
4,898

Plus: Results from discontinued operations attributable to American Assets Trust, Inc. common stockholders

 
154

 

 
226

Plus: Results from discontinued operations attributable to unitholders in the Operating Partnership

 
73

 

 
108

Net income attributable to common stockholders—diluted
$
4,431

 
$
2,493

 
$
9,164

 
$
5,232

DENOMINATOR
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
39,460,086

 
38,659,155

 
39,247,729

 
38,658,162

Effect of dilutive securities—conversion of Operating Partnership units
17,969,751

 
18,396,089

 
17,996,445

 
18,396,347

Weighted average common shares outstanding—diluted
57,429,837

 
57,055,244

 
57,244,174

 
57,054,509

EARNINGS PER COMMON SHARE-BASIC
 
 
 
 
 
 
 
Continuing operations
$
0.08

 
$
0.04

 
$
0.16

 
$
0.08

Discontinued operations

 

 

 
0.01

 
$
0.08

 
$
0.04

 
$
0.16

 
$
0.09

EARNINGS PER COMMON SHARE-DILUTED
 
 
 
 
 
 
 
Continuing operations
$
0.08

 
$
0.04

 
$
0.16

 
$
0.08

Discontinued operations

 

 

 
0.01

 
$
0.08

 
$
0.04

 
$
0.16

 
$
0.09