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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE:    
Rental income $ 76,201 $ 70,040
Other property income 4,531 3,752
Total revenue 80,732 73,792
EXPENSES:    
Rental expenses 20,420 19,859
Real estate taxes 8,546 7,536
General and administrative 5,567 5,082
Depreciation and amortization 33,279 17,986
Total operating expenses 67,812 50,463
OPERATING INCOME 12,920 23,329
Interest expense (13,820) (13,331)
Other income, net 209 310
NET (LOSS) INCOME (691) 10,308
Net loss (income) attributable to restricted shares 72 (60)
Net loss (income) attributable to unitholders in the Operating Partnership 166 (2,861)
NET (LOSS) INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS $ (453) $ 7,387
(LOSS) EARNINGS PER COMMON SHARE    
(Loss) earnings per common share, basic (in USD per share) $ (0.01) $ 0.16
Weighted average shares of common stock outstanding-basic (in shares) 46,935,820 46,173,788
EARNINGS PER COMMON SHARE, DILUTED    
(Loss) earnings per common share, diluted (in USD per share) $ (0.01) $ 0.16
Weighted average shares of common stock outstanding-diluted (in shares) 46,935,820 64,062,610
Dividends declared per common share (in USD per share) $ 0.27 $ 0.26
COMPREHENSIVE (LOSS) INCOME    
Other comprehensive income (loss) - unrealized income (loss) on swap derivative during the period $ 2,861 $ (996)
Reclassification of amortization of forward-starting swap included in interest expense (320) (145)
Comprehensive income 1,850 9,167
Comprehensive income attributable to non-controlling interest 502 2,484
Comprehensive income attributable to American Assets Trust, Inc. 1,348 6,683
American Assets Trust, L.P.    
REVENUE:    
Rental income 76,201 70,040
Other property income 4,531 3,752
Total revenue 80,732 73,792
EXPENSES:    
Rental expenses 20,420 19,859
Real estate taxes 8,546 7,536
General and administrative 5,567 5,082
Depreciation and amortization 33,279 17,986
Total operating expenses 67,812 50,463
OPERATING INCOME 12,920 23,329
Interest expense (13,820) (13,331)
Other income, net 209 310
NET (LOSS) INCOME (691) 10,308
Net loss (income) attributable to restricted shares 72 (60)
NET (LOSS) INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS $ (619) $ 10,248
(LOSS) EARNINGS PER COMMON SHARE    
(Loss) earnings per common share, basic (in USD per share) $ (0.01) $ 0.16
Weighted average shares of common stock outstanding-basic (in shares) 64,130,800 64,062,610
EARNINGS PER COMMON SHARE, DILUTED    
Weighted average shares of common stock outstanding-diluted (in shares) 64,130,800 64,062,610
Distributions per unit (in USD per share) $ 0.27 $ 0.26
COMPREHENSIVE (LOSS) INCOME    
Other comprehensive income (loss) - unrealized income (loss) on swap derivative during the period $ 2,861 $ (996)
Reclassification of amortization of forward-starting swap included in interest expense (320) (145)
Comprehensive income 1,850 9,167
Limited Partner | American Assets Trust, L.P.    
EXPENSES:    
NET (LOSS) INCOME [1] (166)  
COMPREHENSIVE (LOSS) INCOME    
Comprehensive income attributable to American Assets Trust, Inc. (502) (2,484)
General Partner | American Assets Trust, L.P.    
EXPENSES:    
NET (LOSS) INCOME [2] (525)  
COMPREHENSIVE (LOSS) INCOME    
Comprehensive income attributable to American Assets Trust, Inc. $ 1,348 $ 6,683
[1] Consists of limited partnership interests held by third parties.
[2] Consists of general partnership interests held by American Assets Trust, Inc.