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EQUITY OF AMERICAN ASSETS TRUST, INC. (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
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 six months ended June 30, 2016: 
Period
 
Amount  per
Share/Unit
 
Period Covered
 
Dividend Paid Date
First Quarter 2016
 
$
0.25

 
January 1, 2016 to March 31, 2016
 
March 25, 2016
Second Quarter 2016
 
$
0.25

 
April 1, 2016 to June 30, 2016
 
June 24, 2016
Activity of restricted stock awards
The following table summarizes the activity of restricted stock awards during the six months ended June 30, 2016:
 
Units
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2016
174,744

 
$27.11
Granted
4,900

 
$40.81
Vested
(8,185
)
 
$35.13
Forfeited
(1,496
)
 
$28.68
Nonvested at June 30, 2016
169,963

 
$28.19
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 June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
NUMERATOR
 
 
 
 
 
 
 
Net income from operations
$
10,650

 
$
12,284

 
$
21,371

 
$
23,663

Less: Net income attributable to restricted shares
(43
)
 
(40
)
 
(86
)
 
(83
)
Less: Income from operations attributable to unitholders in the Operating Partnership
(3,008
)
 
(3,536
)
 
(6,035
)
 
(6,845
)
Net income attributable to common stockholders—basic
$
7,599

 
$
8,708

 
$
15,250

 
$
16,735

Income from operations attributable to American Assets Trust, Inc. common stockholders—basic
$
7,599

 
$
8,708

 
$
15,250

 
$
16,735

Plus: Income from operations attributable to unitholders in the Operating Partnership
3,008

 
3,536

 
6,035

 
6,845

Net income attributable to common stockholders—diluted
$
10,607

 
$
12,244

 
$
21,285

 
$
23,580

DENOMINATOR
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
45,235,292

 
44,092,631

 
45,234,583

 
43,758,055

Effect of dilutive securities—conversion of Operating Partnership units
17,899,516

 
17,899,516

 
17,899,516

 
17,900,595

Weighted average common shares outstanding—diluted
63,134,808

 
61,992,147

 
63,134,099

 
61,658,650

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
0.17

 
$
0.20

 
$
0.34

 
$
0.38

Earnings per common share, diluted
$
0.17

 
$
0.20

 
$
0.34

 
$
0.38