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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net (loss) income $ (691) $ 10,308
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Deferred rent revenue and amortization of lease intangibles 47 (1,007)
Depreciation and amortization 33,279 17,986
Amortization of debt issuance costs and debt fair value adjustments 446 1,716
Stock-based compensation expense 727 639
Settlement of derivative instruments 0 10,430
Other noncash interest expense (320) (145)
Other, net 2,031 796
Changes in operating assets and liabilities    
Change in accounts receivable 577 1,726
Change in other assets (337) (1,038)
Change in accounts payable and accrued expenses 5,434 5,834
Change in security deposits payable 2,113 81
Change in other liabilities and deferred credits 666 279
Net cash provided by operating activities 43,972 47,605
INVESTING ACTIVITIES    
Capital expenditures (10,138) (7,253)
Leasing commissions (1,227) (902)
Deposit on property acquisition 0 (5,000)
Net cash used in investing activities (11,365) (13,155)
FINANCING ACTIVITIES    
Repayment of secured notes payable (74,116) (130,795)
Proceeds from unsecured line of credit 35,000 0
Repayment of unsecured line of credit 0 (20,000)
Proceeds from unsecured notes payable 0 250,000
Debt issuance costs (2,656) (1,812)
Proceeds from issuance of common stock, net (176)  
Proceeds from issuance of common stock, net   30,075
Dividends paid to common stock and unitholders (17,388) (16,723)
Net cash provided by (used in) financing activities (59,336) 110,745
Net (decrease) increase in cash and cash equivalents (26,729) 145,195
Cash, cash equivalents, and restricted cash equivalents, beginning of period 91,954 54,751
Cash, cash equivalents, and restricted cash equivalents, end of period 65,225 199,946
Cash and cash equivalents 55,336 190,110
Restricted cash 9,889 9,836
American Assets Trust, L.P.    
OPERATING ACTIVITIES    
Net (loss) income (691) 10,308
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Deferred rent revenue and amortization of lease intangibles 47 (1,007)
Depreciation and amortization 33,279 17,986
Amortization of debt issuance costs and debt fair value adjustments 446 1,716
Stock-based compensation expense 727 639
Settlement of derivative instruments 0 10,430
Other noncash interest expense (320) (145)
Other, net 2,031 796
Changes in operating assets and liabilities    
Change in accounts receivable 577 1,726
Change in other assets (337) (1,038)
Change in accounts payable and accrued expenses 5,434 5,834
Change in security deposits payable 2,113 81
Change in other liabilities and deferred credits 666 279
Net cash provided by operating activities 43,972 47,605
INVESTING ACTIVITIES    
Capital expenditures (10,138) (7,253)
Leasing commissions (1,227) (902)
Deposit on property acquisition 0 (5,000)
Net cash used in investing activities (11,365) (13,155)
FINANCING ACTIVITIES    
Repayment of secured notes payable (74,116) (130,795)
Proceeds from unsecured line of credit 35,000 0
Repayment of unsecured line of credit 0 (20,000)
Proceeds from unsecured notes payable 0 250,000
Debt issuance costs (2,656) (1,812)
Proceeds from issuance of common stock, net (176)  
Contributions from American Assets Trust, Inc.   30,075
Dividends paid to common stock and unitholders (17,388) (16,723)
Net cash provided by (used in) financing activities (59,336) 110,745
Net (decrease) increase in cash and cash equivalents (26,729) 145,195
Cash, cash equivalents, and restricted cash equivalents, beginning of period 91,954 54,751
Cash, cash equivalents, and restricted cash equivalents, end of period 65,225 199,946
Cash and cash equivalents 55,336 190,110
Restricted cash $ 9,889 $ 9,836