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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net income $ 53,915 $ 31,145 $ 22,594
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:      
Deferred rent revenue and amortization of lease intangibles (5,587) (4,623) (4,997)
Depreciation and amortization 63,392 66,568 66,775
Amortization of debt issuance costs and debt fair value adjustments 4,214 4,075 3,932
Gain on sale of real estate (7,121) 0 0
Stock-based compensation expense 2,877 3,666 2,845
Settlement of forward interest rate swap agreement 0 1,617 0
Other noncash interest expense (231) (39) 0
Other, net 878 (95) 848
Changes in operating assets and liabilities      
Change in restricted cash 265 1,198 (755)
Change in accounts receivable (1,011) 279 (45)
Change in other assets (243) (107) (88)
Change in accounts payable and accrued expenses (1,081) 1,381 1,167
Change in security deposits payable 493 358 307
Change in other liabilities and deferred credits (36) 188 151
Net cash provided by operating activities 110,724 105,611 92,734
INVESTING ACTIVITIES      
Capital expenditures (134,174) (144,674) (55,675)
Proceeds from sale of real estate, net of selling costs 12,259 0 0
Change in restricted cash, reserves for capital improvements (893) (3,068) 453
Leasing commissions (4,461) (5,098) (3,032)
Net cash used in investing activities (127,269) (152,840) (58,254)
FINANCING ACTIVITIES      
Change in restricted cash 0 0 (1,400)
Repayment of secured notes payable (235,980) (142,276) (95,420)
Proceeds from term loan 0 100,000 0
Proceeds from unsecured line of credit 65,000 0 93,000
Repayment of unsecured line of credit 35,000 93,000 0
Proceeds from issuance of unsecured notes payable 200,000 150,000 0
Debt issuance costs (2,881) (2,141) 0
Proceeds from issuance of common stock, net 72,782 104,107 25,348
Dividends and distributions (59,412) (54,311) (49,500)
Shares withheld for employee taxes (7,396) (4,780) 0
Net cash provided by (used in) financing activities (2,887) 57,599 (27,972)
Net (decrease) increase in cash and cash equivalents (19,432) 10,370 6,508
Cash and cash equivalents, beginning of period 59,357 48,987 42,479
Cash and cash equivalents, end of period 39,925 59,357 48,987
American Assets Trust, L.P.      
OPERATING ACTIVITIES      
Net income 53,915 31,145 22,594
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:      
Deferred rent revenue and amortization of lease intangibles (5,587) (4,623) (4,997)
Depreciation and amortization 63,392 66,568 66,775
Amortization of debt issuance costs and debt fair value adjustments 4,214 4,075 3,932
Gain on sale of real estate (7,121) 0 0
Stock-based compensation expense 2,877 3,666 2,845
Settlement of forward interest rate swap agreement 0 1,617 0
Other noncash interest expense (231) (39) 0
Other, net 878 (95) 848
Changes in operating assets and liabilities      
Change in restricted cash 265 1,198 (755)
Change in accounts receivable (1,011) 279 (45)
Change in other assets (243) (107) (88)
Change in accounts payable and accrued expenses (1,081) 1,381 1,167
Change in security deposits payable 493 358 307
Change in other liabilities and deferred credits (36) 188 151
Net cash provided by operating activities 110,724 105,611 92,734
INVESTING ACTIVITIES      
Capital expenditures (134,174) (144,674) (55,675)
Proceeds from sale of real estate, net of selling costs 12,259 0 0
Change in restricted cash, reserves for capital improvements (893) (3,068) 453
Leasing commissions (4,461) (5,098) (3,032)
Net cash used in investing activities (127,269) (152,840) (58,254)
FINANCING ACTIVITIES      
Change in restricted cash 0 0 (1,400)
Repayment of secured notes payable (235,980) (142,276) (95,420)
Proceeds from term loan 0 100,000 0
Proceeds from unsecured line of credit 65,000 0 93,000
Repayment of unsecured line of credit 35,000 93,000 0
Proceeds from issuance of unsecured notes payable 200,000 150,000 0
Debt issuance costs (2,881) (2,141) 0
Contributions from American Assets Trust, Inc. 72,782 104,107 25,348
Dividends and distributions (59,412) (54,311) (49,500)
Shares withheld for employee taxes (7,396) (4,780) 0
Net cash provided by (used in) financing activities (2,887) 57,599 (27,972)
Net (decrease) increase in cash and cash equivalents (19,432) 10,370 6,508
Cash and cash equivalents, beginning of period 59,357 48,987 42,479
Cash and cash equivalents, end of period $ 39,925 $ 59,357 $ 48,987