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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Operating real estate $ 2,167,426 $ 2,163,444
Construction in progress 86,189 73,121
Held for development 9,461 9,463
Total Real estate, at cost 2,263,076 2,246,028
Accumulated depreciation (426,076) (411,166)
Net real estate 1,837,000 1,834,862
Cash and cash equivalents 44,007 39,925
Restricted cash 9,295 11,623
Accounts receivable, net 7,586 7,518
Deferred rent receivables, net 38,633 38,422
Other assets, net 41,305 41,939
TOTAL ASSETS 1,977,826 1,974,289
LIABILITIES AND EQUITY    
Secured notes payable, net 494,883 579,000
Unsecured notes payable, net 545,883 446,613
Unsecured line of credit 20,000 30,000
Accounts payable and accrued expenses 37,014 31,821
Security deposits payable 6,065 5,956
Other liabilities and deferred credits, net 53,580 51,972
Total liabilities $ 1,157,425 $ 1,145,362
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 45,407,402 and 45,407,719 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively $ 454 $ 454
Additional paid-in capital 864,038 863,432
Accumulated dividends in excess of net income (67,724) (64,066)
Accumulated other comprehensive loss (3,143) (258)
Total American Assets Trust, Inc. stockholders’ equity 793,625 799,562
Noncontrolling interests 26,776 29,365
Total equity 820,401 828,927
Partners' Capital [Abstract]    
TOTAL LIABILITIES AND EQUITY 1,977,826 1,974,289
American Assets Trust, L.P.    
ASSETS    
Operating real estate 2,167,426 2,163,444
Construction in progress 86,189 73,121
Held for development 9,461 9,463
Total Real estate, at cost 2,263,076 2,246,028
Accumulated depreciation (426,076) (411,166)
Net real estate 1,837,000 1,834,862
Cash and cash equivalents 44,007 39,925
Restricted cash 9,295 11,623
Accounts receivable, net 7,586 7,518
Deferred rent receivables, net 38,633 38,422
Other assets, net 41,305 41,939
TOTAL ASSETS 1,977,826 1,974,289
LIABILITIES AND EQUITY    
Secured notes payable, net 494,883 579,000
Unsecured notes payable, net 545,883 446,613
Unsecured line of credit 20,000 30,000
Accounts payable and accrued expenses 37,014 31,821
Security deposits payable 6,065 5,956
Other liabilities and deferred credits, net 53,580 51,972
Total liabilities $ 1,157,425 $ 1,145,362
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive loss $ (4,365) $ (339)
Partners' Capital [Abstract]    
Limited partners' capital, 17,899,516 and 17,899,516 units issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 27,998 29,446
General partner's capital, 45,407,402 and 45,407,719 units issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 796,768 799,820
Total capital 820,401 828,927
TOTAL LIABILITIES AND EQUITY $ 1,977,826 $ 1,974,289