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EQUITY OF AMERICAN ASSETS TRUST, INC. (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 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
Second Quarter 2019
 
$
0.28

 
April 1, 2019 to June 30, 2019
 
June 27, 2019

Activity of restricted stock awards
The following table summarizes the activity of restricted stock awards during the six months ended June 30, 2019:
 
Units
 
Weighted Average Grant Date Fair Value
Nonvested at January 1, 2019
342,093

 
$28.33
Granted
4,412

 
45.35

Vested
(5,320
)
 
37.58

Forfeited
(11,046
)
 
$28.41
Nonvested at June 30, 2019
330,139

 
$28.40

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 June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
NUMERATOR
 
 
 
 
 
 
 
Net income
$
11,941

 
$
4,413

 
$
27,184

 
$
3,722

Less: Net income attributable to restricted shares
(92
)
 
(216
)
 
(185
)
 
(144
)
Less: Income from operations attributable to unitholders in the Operating Partnership
(2,933
)
 
(1,125
)
 
(6,988
)
 
(959
)
Net income attributable to common stockholders—basic
$
8,916

 
$
3,072

 
$
20,011

 
$
2,619

Income from operations attributable to American Assets Trust, Inc. common stockholders—basic
$
8,916

 
$
3,072

 
$
20,011

 
$
2,619

Plus: Income from operations attributable to unitholders in the Operating Partnership
2,933

 
1,125

 
6,988

 
959

Net income attributable to common stockholders—diluted
$
11,849

 
$
4,197

 
$
26,999

 
$
3,578

DENOMINATOR
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
50,135,978

 
46,939,449

 
48,578,872

 
46,937,645

Effect of dilutive securities—conversion of Operating Partnership units
16,753,806

 
17,193,071

 
16,964,537

 
17,194,020

Weighted average common shares outstanding—diluted
66,889,784

 
64,132,520

 
65,543,409

 
64,131,665

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
0.18

 
$
0.07

 
$
0.41

 
$
0.06

Earnings per common share, diluted
$
0.18

 
$
0.07

 
$
0.41

 
$
0.06