EQUITY OF AMERICAN ASSETS TRUST, INC. (Tables)

3 Months Ended

Mar. 31, 2019

Equity [Abstract]

Dividends declared and paid on shares of common stock and noncontrolling common units

The following table lists the dividends declared and paid on our shares of common stock and noncontrolling common units during the three months ended March 31, 2019: 

Period	Amount per Share/Unit		Period Covered	Dividend Paid Date
First Quarter 2019	$	0.28	January 1, 2019 to March 31, 2019	March 28, 2019

Activity of restricted stock awards

The following table summarizes the activity of restricted stock awards during the three months ended March 31, 2019:

	Units		Weighted Average Grant Date Fair Value
Nonvested at January 1, 2019	342,093		$28.33
Granted	—		—
Vested	—		—
Forfeited	(11,046	)	$28.41
Nonvested at March 31, 2019	331,047		$28.32

Computation of basic and diluted EPS

The computation of basic and diluted EPS is presented below (dollars in thousands, except share and per share amounts): 

	Three Months Ended March 31,
	2019			2018
NUMERATOR
Net income (loss)	$	15,243		$	(691	)
Less: Net (income) loss attributable to restricted shares	(93		)	72
Less: (Income) loss from operations attributable to unitholders in the Operating Partnership	(4,055		)	166
Net income (loss) attributable to common stockholders—basic	$	11,095		$	(453	)
Income (loss) from operations attributable to American Assets Trust, Inc. common stockholders—basic	$	11,095		$	(453	)
Plus: Income (loss) from operations attributable to unitholders in the Operating Partnership	4,055			—
Net income attributable to common stockholders—diluted	$	15,150		$	(453	)
DENOMINATOR
Weighted average common shares outstanding—basic	47,004,465			46,935,820
Effect of dilutive securities—conversion of Operating Partnership units	17,177,608			—
Weighted average common shares outstanding—diluted	64,182,073			46,935,820
Earnings (loss) per common share, basic	$	0.24		$	(0.01	)
Earnings (loss) per common share, diluted	$	0.24		$	(0.01	)