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EQUITY (Tables)
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Schedule of At-the-Market Program
During the three and six months ended June 30, 2014, the following shares of common stock and related proceeds were sold through the ATM equity program (in thousands, except per share data):
 
Three Months Ended June 30, 2014
 
Six Months Ended June 30, 2014
Number of shares of common stock issued through ATM program
675,270

 
2,110,485

Weighted average price per share
$34.46
 
$33.51
 
 
 
 
Proceeds, gross
$
23,266

 
$
70,713

Sales agent compensation
(233
)
 
(708
)
Offering costs
(51
)
 
(96
)
Proceeds, net
$
22,982

 
$
69,909
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, 2014: 
Period
 
Amount  per
Share/Unit
 
Period Covered
 
Dividend Paid Date
First Quarter 2014
 
$
0.22

 
January 1, 2014 to March 31, 2014
 
March 28, 2014
Second Quarter 2014
 
$
0.22

 
April 1, 2014 to June 30, 2014
 
June 27, 2014
Activity of restricted stock awards
The following table summarizes the activity of restricted stock awards during the six months ended June 30, 2014:
 
Units
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2014
629,058

 
$
15.58

Granted
117,983

 
30.17

Vested
(311,862
)
 
15.50

Forfeited
(941
)
 
29.96

Nonvested at June 30, 2014
434,238

 
$
19.57
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,
 
2014
 
2013
 
2014
 
2013
NUMERATOR
 
 
 
 
 
 
 
Income from operations
$
5,351

 
$
4,564

 
$
12,009

 
$
9,429

Less: Net income attributable to restricted shares
(94
)
 
(133
)
 
(164
)
 
(265
)
Less: Income from operations attributable to unitholders in the Operating Partnership
(1,544
)
 
(1,354
)
 
(3,530
)
 
(2,849
)
Net income attributable to common stockholders—basic
$
3,713

 
$
3,077

 
$
8,315

 
$
6,315

Income from operations attributable to American Assets Trust, Inc. common stockholders—basic
$
3,713

 
$
3,077

 
$
8,315

 
$
6,315

Plus: Income from operations attributable to unitholders in the Operating Partnership
1,544

 
1,354

 
3,530

 
2,849

Net income attributable to common stockholders—diluted
$
5,257

 
$
4,431

 
$
11,845

 
$
9,164

DENOMINATOR
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
41,816,379

 
39,460,086

 
41,202,993

 
39,247,729

Effect of dilutive securities—conversion of Operating Partnership units
17,905,257

 
17,969,751

 
17,907,457

 
17,996,445

Weighted average common shares outstanding—diluted
59,721,636

 
57,429,837

 
59,110,450

 
57,244,174

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
0.09

 
$
0.08

 
$
0.20

 
$
0.16

Earnings per common share, diluted
$
0.09

 
$
0.08

 
$
0.20

 
$
0.16