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Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUE:        
Rental income $ 58,793 $ 59,705 $ 119,275 $ 118,927
Other property income 3,392 3,209 6,863 6,167
Total revenue 62,185 62,914 126,138 125,094
EXPENSES:        
Rental expenses 16,500 16,686 33,120 32,972
Real estate taxes 5,129 5,476 11,155 10,276
General and administrative 4,635 4,426 9,247 8,627
Depreciation and amortization 18,209 16,953 34,550 33,966
Total operating expenses 44,473 43,541 88,072 85,841
OPERATING INCOME 17,712 19,373 38,066 39,253
Interest expense (13,439) (14,744) (27,071) (29,480)
Other income (expense), net 1,078 (65) 1,014 (344)
NET INCOME 5,351 4,564 12,009 9,429
Net income attributable to restricted shares (94) (133) (164) (265)
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable (1,544) (1,354) (3,530) (2,849)
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS 3,713 3,077 8,315 6,315
EARNINGS PER COMMON SHARE, BASIC        
Earnings per common share, basic $ 0.09 $ 0.08 $ 0.20 $ 0.16
Weighted average shares of common stock outstanding-basic 41,816,379 39,460,086 41,202,993 39,247,729
EARNINGS PER COMMON SHARE, DILUTED        
Earnings per common share, diluted $ 0.09 $ 0.08 $ 0.20 $ 0.16
Weighted average shares of common stock outstanding-diluted 59,721,636 57,429,837 59,110,450 57,244,174
Dividends declared per common share $ 0.22 $ 0.21 $ 0.44 $ 0.42
COMPREHENSIVE INCOME        
Net income 5,351 4,564 12,009 9,429
Other comprehensive loss - unrealized loss on swap derivative during the period (811) 0 (1,557) 0
Comprehensive income 4,540 4,564 10,452 9,429
Comprehensive income attributable to non-controlling interest (1,305) (1,354) (3,066) (2,849)
Comprehensive income attributable to American Assets Trust, Inc. $ 3,235 $ 3,210 $ 7,386 $ 6,580