SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2017

The following table represents operating activity within our reportable segments (in thousands):

The following table is a reconciliation of segment profit to net income attributable to stockholders (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Total segments’ profit	$	49,361		$	45,812		$	95,758		$	91,457
General and administrative	(5,131		)	(4,394		)	(10,213		)	(8,943		)
Depreciation and amortization	(24,182		)	(17,714		)	(42,168		)	(35,167		)
Interest expense	(12,652		)	(13,153		)	(25,983		)	(26,099		)
Other income, net	192			99			502			123
Net income	7,588			10,650			17,896			21,371
Net income attributable to restricted shares	(61		)	(43		)	(121		)	(86		)
Net income attributable to unitholders in the Operating Partnership	(2,008		)	(3,008		)	(4,869		)	(6,035		)
Net income attributable to American Assets Trust, Inc. stockholders	$	5,519		$	7,599		$	12,906		$	15,250

The following table shows net real estate and secured note payable balances for each of the segments (in thousands):


(1)	Excludes unamortized fair market value adjustments and debt issuance costs of $0.4 million and $1.8 million as of June 30, 2017 and December 31, 2016, respectively.

Capital expenditures for each segment for the three and six months ended June 30, 2017 and 2016 were as follows (in thousands):


(1)	Capital expenditures represent cash paid for capital expenditures during the period and include leasing commissions paid