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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Operating real estate $ 2,569,407 $ 2,549,571
Construction in progress 77,094 71,228
Held for development 9,392 9,392
Total Real estate, at cost 2,655,893 2,630,191
Accumulated depreciation (609,020) (590,338)
Net real estate 2,046,873 2,039,853
Cash and cash equivalents 54,538 47,956
Restricted cash 9,777 9,316
Accounts receivable, net 9,137 9,289
Deferred rent receivables, net 40,554 39,815
Other assets, net 56,169 52,021
Total assets 2,217,048 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,688 182,572
Unsecured notes payable, net 1,045,709 1,045,863
Unsecured line of credit, net 86,438 62,337
Accounts payable and accrued expenses 53,683 46,616
Security deposits payable 7,579 8,844
Other liabilities and deferred credits, net 55,618 49,547
Total liabilities 1,411,715 1,395,779
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 47,486,894 and 47,335,409 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 475 474
Additional paid-in capital 928,792 920,661
Accumulated dividends in excess of net income (130,841) (128,778)
Accumulated other comprehensive income 8,825 10,620
Total American Assets Trust, Inc. stockholders’ equity 807,251 802,977
Noncontrolling interests (1,918) (506)
Total equity 805,333 802,471
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 2,217,048 2,198,250
American Assets Trust, L.P.    
ASSETS    
Operating real estate 2,569,407 2,549,571
Construction in progress 77,094 71,228
Held for development 9,392 9,392
Total Real estate, at cost 2,655,893 2,630,191
Accumulated depreciation (609,020) (590,338)
Net real estate 2,046,873 2,039,853
Cash and cash equivalents 54,538 47,956
Restricted cash 9,777 9,316
Accounts receivable, net 9,137 9,289
Deferred rent receivables, net 40,554 39,815
Other assets, net 56,169 52,021
Total assets 2,217,048 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,688 182,572
Unsecured notes payable, net 1,045,709 1,045,863
Unsecured line of credit, net 86,438 62,337
Accounts payable and accrued expenses 53,683 46,616
Security deposits payable 7,579 8,844
Other liabilities and deferred credits, net 55,618 49,547
Total liabilities 1,411,715 1,395,779
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 12,139 14,591
CAPITAL:    
Limited partners' capital, 17,177,608 and 17,177,608 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively (5,232) (4,477)
General partner's capital, 47,486,894 and 47,335,409 units issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 798,426 792,357
Total capital 805,333 802,471
TOTAL LIABILITIES AND EQUITY $ 2,217,048 $ 2,198,250