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Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUE:        
Rental income $ 63,593 $ 62,405 $ 182,868 $ 181,332
Other property income 3,750 2,913 10,654 9,080
Total revenue 67,343 65,318 193,522 190,412
EXPENSES:        
Rental expenses 17,374 17,430 50,494 50,402
Real estate taxes 5,899 5,768 17,054 16,044
General and administrative 4,682 4,031 13,929 12,658
Depreciation and amortization 16,352 16,648 50,902 50,614
Total operating expenses 44,307 43,877 132,379 129,718
OPERATING INCOME 23,036 21,441 61,143 60,694
Interest expense (13,325) (14,764) (40,396) (44,244)
Other income (expense), net (621) (419) 352 (763)
NET INCOME 9,090 6,258 21,099 15,687
Net income attributable to restricted shares (95) (132) (259) (397)
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable (2,578) (1,903) (6,108) (4,752)
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS 6,417 4,223 14,732 10,538
EARNINGS PER COMMON SHARE, BASIC        
Earnings per common share, basic $ 0.15 $ 0.11 $ 0.35 $ 0.27
Weighted average shares of common stock outstanding-basic 42,539,019 39,816,753 41,653,229 39,439,488
EARNINGS PER COMMON SHARE, DILUTED        
Earnings per common share, diluted $ 0.15 $ 0.11 $ 0.35 $ 0.27
Weighted average shares of common stock outstanding-diluted 60,444,276 57,777,667 59,559,944 57,423,959
Dividends declared per common share $ 0.22 $ 0.21 $ 0.66 $ 0.63
COMPREHENSIVE INCOME        
Net income 9,090 6,258 21,099 15,687
Other comprehensive income - unrealized gain on swap derivatives during the period 2,439 0 882 0
Comprehensive income 11,529 6,258 21,981 15,687
Comprehensive income attributable to non-controlling interest (3,300) (1,903) (6,366) (4,752)
Comprehensive income attributable to American Assets Trust, Inc. $ 8,229 $ 4,355 $ 15,615 $ 10,935