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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Operating real estate $ 2,477,653 $ 2,241,061
Construction in progress 61,415 50,498
Held for development 9,447 9,447
Total Real estate, at cost 2,548,515 2,301,006
Accumulated depreciation (502,551) (469,460)
Net real estate 2,045,964 1,831,546
Cash and cash equivalents 31,380 44,801
Restricted cash 9,211 9,950
Accounts receivable, net 6,483 9,330
Deferred rent receivables, net 37,924 38,452
Other assets, net 40,214 52,854
TOTAL ASSETS 2,171,176 1,986,933
LIABILITIES AND EQUITY    
Secured notes payable, net 280,170 445,180
Unsecured notes payable, net 944,816 596,350
Unsecured line of credit 0 20,000
Accounts payable and accrued expenses 40,884 32,401
Security deposits payable 6,779 6,114
Other liabilities and deferred credits, net 46,164 48,337
Total liabilities 1,318,813 1,148,382
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 47,130,063 and 45,732,109 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 471 457
Additional paid-in capital 916,695 874,597
Accumulated dividends in excess of net income (88,595) (77,296)
Accumulated other comprehensive income 10,494 11,798
Total American Assets Trust, Inc. stockholders’ equity 839,065 809,556
Noncontrolling interests 13,298 28,995
Total equity 852,363 838,551
Partners' Capital [Abstract]    
TOTAL LIABILITIES AND EQUITY 2,171,176 1,986,933
American Assets Trust, L.P.    
ASSETS    
Operating real estate 2,477,653 2,241,061
Construction in progress 61,415 50,498
Held for development 9,447 9,447
Total Real estate, at cost 2,548,515 2,301,006
Accumulated depreciation (502,551) (469,460)
Net real estate 2,045,964 1,831,546
Cash and cash equivalents 31,380 44,801
Restricted cash 9,211 9,950
Accounts receivable, net 6,483 9,330
Deferred rent receivables, net 37,924 38,452
Other assets, net 40,214 52,854
TOTAL ASSETS 2,171,176 1,986,933
LIABILITIES AND EQUITY    
Secured notes payable, net 280,170 445,180
Unsecured notes payable, net 944,816 596,350
Unsecured line of credit 0 20,000
Accounts payable and accrued expenses 40,884 32,401
Security deposits payable 6,779 6,114
Other liabilities and deferred credits, net 46,164 48,337
Total liabilities 1,318,813 1,148,382
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 14,489 16,478
Partners' Capital [Abstract]    
Limited partners' capital, 17,194,980 and 17,888,822 units issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 9,303 24,315
General partner's capital, 47,130,063 and 45,732,109 units issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 828,571 797,758
Total capital 852,363 838,551
TOTAL LIABILITIES AND EQUITY $ 2,171,176 $ 1,986,933