SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2019

The following table represents operating activity within our reportable segments (in thousands):

The following table is a reconciliation of segment profit to net income attributable to stockholders (in thousands):



	Three Months Ended March 31,
	2019			2018
Total segments’ profit	$	55,477		$	51,766
General and administrative	(6,073		)	(5,567		)
Depreciation and amortization	(20,583		)	(33,279		)
Interest expense	(13,349		)	(13,820		)
Other (expense) income, net	(229		)	209
Net income (loss)	15,243			(691		)
Net (income) loss attributable to restricted shares	(93		)	72
Net (income) loss attributable to unitholders in the Operating Partnership	(4,055		)	166
Net income (loss) attributable to American Assets Trust, Inc. stockholders	$	11,095		$	(453	)

The following table shows net real estate and secured note payable balances for each of the segments (in thousands):


(1)	Excludes debt issuance costs of $0.2 million and $0.2 million for each of the periods ending March 31, 2019 and December 31, 2018, respectively.

Capital expenditures for each segment for the three months ended March 31, 2019 and 2018 were as follows (in thousands):

(1)

Capital expenditures represent cash paid for capital expenditures during the period and include leasing commissions paid