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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Operating real estate $ 2,539,491 $ 2,536,474
Construction in progress 74,447 68,272
Held for development 9,392 9,392
Total Real estate, at cost 2,623,330 2,614,138
Accumulated depreciation (568,348) (537,431)
Net real estate 2,054,982 2,076,707
Cash and cash equivalents 55,336 82,610
Restricted cash 9,889 9,344
Accounts receivable, net 8,797 9,869
Deferred rent receivables, net 39,279 38,973
Other assets, net 45,283 42,361
TOTAL ASSETS 2,213,566 2,259,864
LIABILITIES AND EQUITY    
Secured notes payable, net 205,486 279,550
Unsecured notes payable, net 1,045,178 1,045,470
Unsecured line of credit, net 33,031 0
Accounts payable and accrued expenses 43,507 38,069
Security deposits payable 8,683 6,570
Other liabilities and deferred credits, net 48,348 46,061
Total liabilities 1,384,233 1,415,720
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 47,203,484 and 47,204,588 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 473 473
Additional paid-in capital 919,793 919,066
Accumulated dividends in excess of net loss/income (110,550) (97,280)
Accumulated other comprehensive income 13,324 11,451
Total American Assets Trust, Inc. stockholders’ equity 823,040 833,710
Noncontrolling interests 6,293 10,434
Total equity 829,333 844,144
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 2,213,566 2,259,864
American Assets Trust, L.P.    
ASSETS    
Operating real estate 2,539,491 2,536,474
Construction in progress 74,447 68,272
Held for development 9,392 9,392
Total Real estate, at cost 2,623,330 2,614,138
Accumulated depreciation (568,348) (537,431)
Net real estate 2,054,982 2,076,707
Cash and cash equivalents 55,336 82,610
Restricted cash 9,889 9,344
Accounts receivable, net 8,797 9,869
Deferred rent receivables, net 39,279 38,973
Other assets, net 45,283 42,361
TOTAL ASSETS 2,213,566 2,259,864
LIABILITIES AND EQUITY    
Secured notes payable, net 205,486 279,550
Unsecured notes payable, net 1,045,178 1,045,470
Unsecured line of credit, net 33,031 0
Accounts payable and accrued expenses 43,507 38,069
Security deposits payable 8,683 6,570
Other liabilities and deferred credits, net 48,348 46,061
Total liabilities 1,384,233 1,415,720
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 18,291 15,750
CAPITAL:    
Limited partners' capital, 17,194,980 and 17,194,980 units issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 1,326 6,135
General partner's capital, 47,203,484 and 47,204,588 units issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 809,716 822,259
Total capital 829,333 844,144
TOTAL LIABILITIES AND EQUITY $ 2,213,566 $ 2,259,864