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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Operating real estate $ 3,056,767 $ 2,549,571
Construction in progress 83,461 71,228
Held for development 547 9,392
Total Real estate, at cost 3,140,775 2,630,191
Accumulated depreciation (621,852) (590,338)
Net real estate 2,518,923 2,039,853
Cash and cash equivalents 44,778 47,956
Restricted cash 9,702 9,316
Accounts receivable, net 10,104 9,289
Deferred rent receivables, net 42,098 39,815
Other assets, net 93,153 52,021
Total assets 2,718,758 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,426 182,572
Unsecured notes payable, net 1,045,949 1,045,863
Unsecured line of credit, net 93,540 62,337
Accounts payable and accrued expenses 54,652 46,616
Security deposits payable 7,907 8,844
Other liabilities and deferred credits, net 62,362 49,547
Total liabilities 1,426,836 1,395,779
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 59,722,748 and 47,335,409 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 597 474
Additional paid-in capital 1,438,768 920,661
Accumulated dividends in excess of net income (135,497) (128,778)
Accumulated other comprehensive income 5,876 10,620
Total American Assets Trust, Inc. stockholders’ equity 1,309,744 802,977
Noncontrolling interests (17,822) (506)
Total equity 1,291,922 802,471
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 2,718,758 2,198,250
American Assets Trust, L.P.    
ASSETS    
Operating real estate 3,056,767 2,549,571
Construction in progress 83,461 71,228
Held for development 547 9,392
Total Real estate, at cost 3,140,775 2,630,191
Accumulated depreciation (621,852) (590,338)
Net real estate 2,518,923 2,039,853
Cash and cash equivalents 44,778 47,956
Restricted cash 9,702 9,316
Accounts receivable, net 10,104 9,289
Deferred rent receivables, net 42,098 39,815
Other assets, net 93,153 52,021
Total assets 2,718,758 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,426 182,572
Unsecured notes payable, net 1,045,949 1,045,863
Unsecured line of credit, net 93,540 62,337
Accounts payable and accrued expenses 54,652 46,616
Security deposits payable 7,907 8,844
Other liabilities and deferred credits, net 62,362 49,547
Total liabilities 1,426,836 1,395,779
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 7,929 14,591
CAPITAL:    
Limited partners' capital, 16,390,548 and 17,177,608 units issued and outstanding as of June 30, 2019 and December 31, 2018, respectively (19,875) (4,477)
General partner's capital, 59,722,748 and 47,335,409 units issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 1,303,868 792,357
Total capital 1,291,922 802,471
TOTAL LIABILITIES AND EQUITY $ 2,718,758 $ 2,198,250