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EQUITY (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Schedule of At-the-Market Program
During the three and nine months ended September 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 September 30, 2014
 
Nine Months Ended September 30, 2014
Number of shares of common stock issued through ATM program
599,582

 
2,710,067

Weighted average price per share
$35.01
 
$33.84
 
 
 
 
Proceeds, gross
$
20,994

 
$
91,707

Sales agent compensation
(210
)
 
(918
)
Offering costs
(49
)
 
(145
)
Proceeds, net
$
20,735

 
$
90,644
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 nine months ended September 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
Third Quarter 2014
 
$
0.22

 
July 1, 2014 to September 30, 2014
 
September 26, 2014
Activity of restricted stock awards
The following table summarizes the activity of restricted stock awards during the nine months ended September 30, 2014:
 
Units
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2014
629,058

 
$
15.58

Granted
117,983

 
30.17

Vested
(313,998
)
 
15.57

Forfeited
(941
)
 
29.96

Nonvested at September 30, 2014
432,102

 
$
19.54
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 September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
NUMERATOR
 
 
 
 
 
 
 
Income from operations
$
9,090

 
$
6,258

 
$
21,099

 
$
15,687

Less: Net income attributable to restricted shares
(95
)
 
(132
)
 
(259
)
 
(397
)
Less: Income from operations attributable to unitholders in the Operating Partnership
(2,578
)
 
(1,903
)
 
(6,108
)
 
(4,752
)
Net income attributable to common stockholders—basic
$
6,417

 
$
4,223

 
$
14,732

 
$
10,538

Income from operations attributable to American Assets Trust, Inc. common stockholders—basic
$
6,417

 
$
4,223

 
$
14,732

 
$
10,538

Plus: Income from operations attributable to unitholders in the Operating Partnership
2,578

 
1,903

 
6,108

 
4,752

Net income attributable to common stockholders—diluted
$
8,995

 
$
6,126

 
$
20,840

 
$
15,290

DENOMINATOR
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
42,539,019

 
39,816,753

 
41,653,229

 
39,439,488

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

 
17,960,914

 
17,906,715

 
17,984,471

Weighted average common shares outstanding—diluted
60,444,276

 
57,777,667

 
59,559,944

 
57,423,959

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
0.15

 
$
0.11

 
$
0.35

 
$
0.27

Earnings per common share, diluted
$
0.15

 
$
0.11

 
$
0.35

 
$
0.27