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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Operating real estate $ 2,214,094 $ 2,163,444
Construction in progress 52,044 73,121
Held for development 9,462 9,463
Total Real estate, at cost 2,275,600 2,246,028
Accumulated depreciation (441,080) (411,166)
Net real estate 1,834,520 1,834,862
Cash and cash equivalents 43,886 39,925
Restricted cash 9,450 11,623
Accounts receivable, net 6,747 7,518
Deferred rent receivables, net 38,875 38,422
Other assets, net 38,435 41,939
TOTAL ASSETS 1,971,913 1,974,289
LIABILITIES AND EQUITY    
Secured notes payable, net 467,531 579,000
Unsecured notes payable, net 595,775 446,613
Unsecured line of credit 0 30,000
Accounts payable and accrued expenses 33,209 31,821
Security deposits payable 6,072 5,956
Other liabilities and deferred credits, net 63,428 51,972
Total liabilities 1,166,015 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, 45,410,806 and 45,407,719 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 454 454
Additional paid-in capital 864,675 863,432
Accumulated dividends in excess of net income (71,433) (64,066)
Accumulated other comprehensive loss (10,281) (258)
Total American Assets Trust, Inc. stockholders’ equity 783,415 799,562
Noncontrolling interests 22,483 29,365
Total equity 805,898 828,927
Partners' Capital [Abstract]    
TOTAL LIABILITIES AND EQUITY 1,971,913 1,974,289
American Assets Trust, L.P.    
ASSETS    
Operating real estate 2,214,094 2,163,444
Construction in progress 52,044 73,121
Held for development 9,462 9,463
Total Real estate, at cost 2,275,600 2,246,028
Accumulated depreciation (441,080) (411,166)
Net real estate 1,834,520 1,834,862
Cash and cash equivalents 43,886 39,925
Restricted cash 9,450 11,623
Accounts receivable, net 6,747 7,518
Deferred rent receivables, net 38,875 38,422
Other assets, net 38,435 41,939
TOTAL ASSETS 1,971,913 1,974,289
LIABILITIES AND EQUITY    
Secured notes payable, net 467,531 579,000
Unsecured notes payable, net 595,775 446,613
Unsecured line of credit 0 30,000
Accounts payable and accrued expenses 33,209 31,821
Security deposits payable 6,072 5,956
Other liabilities and deferred credits, net 63,428 51,972
Total liabilities 1,166,015 1,145,362
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive loss (14,329) (339)
Partners' Capital [Abstract]    
Limited partners' capital, 17,899,516 and 17,899,516 units issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 26,531 29,446
General partner's capital, 45,410,806 and 45,407,719 units issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 793,696 799,820
Total capital 805,898 828,927
TOTAL LIABILITIES AND EQUITY $ 1,971,913 $ 1,974,289