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Consolidated Statement of Equity (Unaudited) - USD ($)
$ in Thousands
Total
American Assets Trust, L.P.
American Assets Trust, L.P.
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Limited Partner
[1]
American Assets Trust, L.P.
General Partner
Common Shares
Common Shares
American Assets Trust, L.P.
Common Shares
American Assets Trust, L.P.
Limited Partner
Additional Paid-in Capital
Accumulated Dividends in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests - Unitholders in the Operating Partnership
Swap
Swap
American Assets Trust, L.P.
Swap
American Assets Trust, L.P.
Accumulated Other Comprehensive Income (Loss)
Swap
Accumulated Other Comprehensive Income (Loss)
Swap
Noncontrolling Interests - Unitholders in the Operating Partnership
Beginning Balance (shares) at Dec. 31, 2017           47,204,588                      
Beginning Balance at Dec. 31, 2017 $ 844,144         $ 473     $ 919,066 $ (97,280) $ 11,451 $ 10,434          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income (691) $ (691)   $ (166) $ (525) [2]         (525)   (166)          
Forfeiture of restricted stock (shares)           (1,104)                      
Dividends declared and paid (17,388)                 (12,745)              
Dividends declared and paid (noncontrolling interest)                       (4,643)          
Stock-based compensation 727               727                
Other comprehensive income - change in value of interest rate swaps                         $ 2,861 $ 2,861 $ 2,861 $ 2,107 $ 754
Reclassification of amortization of forward-starting swap included in interest expense (320) (320) $ (320)               (234) (86)          
Ending Balance (shares) at Mar. 31, 2018           47,203,484                      
Ending Balance at Mar. 31, 2018 829,333         $ 473     919,793 (110,550) 13,324 6,293          
Beginning partners' capital account (shares) at Dec. 31, 2017       17,194,980 47,204,588 [2]                        
Beginning partners' capital account at Dec. 31, 2017   844,144 15,750 $ 6,135 $ 822,259 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income (691) (691)   (166) $ (525) [2]         (525)   (166)          
Forfeiture of restricted units (shares) [2]         (1,104)                        
Distributions   (17,388)   $ (4,643) $ (12,745) [2]                        
Stock-based compensation   727     $ 727 [2]                        
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period                         2,861 2,861 2,861 2,107 754
Reclassification of amortization of forward-starting swap included in interest expense (320) (320) (320)               (234) (86)          
Ending partners' capital account (shares) at Mar. 31, 2018       17,194,980 47,203,484 [2]                        
Ending partners' capital account at Mar. 31, 2018   829,333 18,291 $ 1,326 $ 809,716 [2]                        
Beginning Balance (shares) at Dec. 31, 2017           47,204,588                      
Beginning Balance at Dec. 31, 2017 844,144         $ 473     919,066 (97,280) 11,451 10,434          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 3,722 3,722                              
Other comprehensive income - change in value of interest rate swaps 3,736 3,736                              
Reclassification of amortization of forward-starting swap included in interest expense (639) (639)                              
Ending Balance (shares) at Jun. 30, 2018           47,223,809                      
Ending Balance at Jun. 30, 2018 817,635         $ 473     919,598 (120,008) 13,734 3,838          
Beginning partners' capital account (shares) at Dec. 31, 2017       17,194,980 47,204,588 [2]                        
Beginning partners' capital account at Dec. 31, 2017   844,144 15,750 $ 6,135 $ 822,259 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 3,722 3,722                              
Units withheld for employee taxes 6 6                              
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period 3,736 3,736                              
Reclassification of amortization of forward-starting swap included in interest expense (639) (639)                              
Ending partners' capital account (shares) at Jun. 30, 2018       17,177,608 47,223,809 [2]                        
Ending partners' capital account at Jun. 30, 2018   817,635 18,847 $ (1,275) $ 800,063 [2]                        
Beginning Balance (shares) at Mar. 31, 2018           47,203,484                      
Beginning Balance at Mar. 31, 2018 829,333         $ 473     919,793 (110,550) 13,324 6,293          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income $ 4,413 4,413   $ 1,125 $ 3,288 [2]         3,288   1,125          
Issuance of restricted stock (shares) 5,320                                
Forfeiture of restricted stock (shares)           (2,208)                      
Conversion of operating partnership units (in shares)           17,372                      
Conversion of operating partnership units                 (916)     916          
Dividends declared and paid $ (17,388)                 (12,746)              
Dividends declared and paid (noncontrolling interest)                       (4,642)          
Stock-based compensation $ 727               727                
Shares withheld for employee taxes (shares) (159)       159                        
Shares withheld for employee taxes                 (6)                
Other comprehensive income - change in value of interest rate swaps $ 875 875                     875 875 875 643 232
Reclassification of amortization of forward-starting swap included in interest expense (319) (319) (319)               (233) (86)          
Ending Balance (shares) at Jun. 30, 2018           47,223,809                      
Ending Balance at Jun. 30, 2018 817,635         $ 473     919,598 (120,008) 13,734 3,838          
Beginning partners' capital account (shares) at Mar. 31, 2018       17,194,980 47,203,484 [2]                        
Beginning partners' capital account at Mar. 31, 2018   829,333 18,291 $ 1,326 $ 809,716 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income $ 4,413 4,413   1,125 $ 3,288 [2]         3,288   1,125          
Issuance of restricted units (shares) [2]         5,320                        
Conversion of operating partnership units (shares)         17,372 [2]     (17,372)                  
Conversion of operating partnership units         $ (916)     $ 916                  
Forfeiture of restricted units (shares) [2]         (2,208)                        
Distributions   (17,388)   $ (4,642) $ (12,746) [2]                        
Stock-based compensation   727     $ 727 [2]                        
Units withheld for employee taxes (shares) (159)       159                        
Units withheld for employee taxes   (6)     $ (6)                        
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period $ 875 875                     875 875 875 643 232
Reclassification of amortization of forward-starting swap included in interest expense (319) (319) (319)               (233) (86)          
Ending partners' capital account (shares) at Jun. 30, 2018       17,177,608 47,223,809 [2]                        
Ending partners' capital account at Jun. 30, 2018   817,635 18,847 $ (1,275) $ 800,063 [2]                        
Beginning Balance (shares) at Dec. 31, 2018           47,335,409                      
Beginning Balance at Dec. 31, 2018 802,471         $ 474     920,661 (128,778) 10,620 (506)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 15,243 15,243   $ 4,055 $ 11,188 [2]         11,188   4,055          
Common shares issued (shares)           162,531                      
Common shares issued 7,034         $ 1     7,033                
Forfeiture of restricted stock (shares)           (11,046)                      
Forfeiture of restricted stock           $ 0     0                
Dividends declared and paid (18,061)                 (13,251)              
Dividends declared and paid (noncontrolling interest)                       (4,810)          
Stock-based compensation 1,098               1,098                
Other comprehensive income - change in value of interest rate swaps                         (2,132) (2,132) (2,132) (1,561) (571)
Reclassification of amortization of forward-starting swap included in interest expense (320) (320) (320)               (234) (86)          
Ending Balance (shares) at Mar. 31, 2019           47,486,894                      
Ending Balance at Mar. 31, 2019 805,333         $ 475     928,792 (130,841) 8,825 (1,918)          
Beginning partners' capital account (shares) at Dec. 31, 2018       17,177,608 47,335,409 [2]                        
Beginning partners' capital account at Dec. 31, 2018   802,471 14,591 $ (4,477) $ 792,357 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 15,243 15,243   4,055 $ 11,188 [2]         11,188   4,055          
Contributions from American Assets Trust, Inc. (in shares) [2]         162,531                        
Contributions from American Assets Trust, Inc.   7,034     $ 7,034 [2]                        
Forfeiture of restricted units (shares) [2]         (11,046)                        
Distributions   (18,061)   $ (4,810) $ (13,251) [2]                        
Stock-based compensation   1,098     $ 1,098 [2]                        
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period                         (2,132) (2,132) (2,132) (1,561) (571)
Reclassification of amortization of forward-starting swap included in interest expense (320) (320) (320)               (234) (86)          
Ending partners' capital account (shares) at Mar. 31, 2019       17,177,608 47,486,894 [2]                        
Ending partners' capital account at Mar. 31, 2019   805,333 12,139 $ (5,232) $ 798,426 [2]                        
Beginning Balance (shares) at Dec. 31, 2018           47,335,409                      
Beginning Balance at Dec. 31, 2018 802,471         $ 474     920,661 (128,778) 10,620 (506)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 27,184 27,184                              
Conversion of operating partnership units (in shares)             787,060                    
Other comprehensive income - change in value of interest rate swaps (6,023) (6,023)                              
Reclassification of amortization of forward-starting swap included in interest expense (639) (639)                              
Ending Balance (shares) at Jun. 30, 2019           59,722,748                      
Ending Balance at Jun. 30, 2019 1,291,922         $ 597     1,438,768 (135,497) 5,876 (17,822)          
Beginning partners' capital account (shares) at Dec. 31, 2018       17,177,608 47,335,409 [2]                        
Beginning partners' capital account at Dec. 31, 2018   802,471 14,591 $ (4,477) $ 792,357 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 27,184 27,184                              
Units withheld for employee taxes 0 0                              
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period (6,023) (6,023)                              
Reclassification of amortization of forward-starting swap included in interest expense (639) (639)                              
Ending partners' capital account (shares) at Jun. 30, 2019       16,390,548 59,722,748 [2]                        
Ending partners' capital account at Jun. 30, 2019   1,291,922 7,929 $ (19,875) $ 1,303,868 [2]                        
Beginning Balance (shares) at Mar. 31, 2019           47,486,894                      
Beginning Balance at Mar. 31, 2019 805,333         $ 475     928,792 (130,841) 8,825 (1,918)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net income 11,941 11,941   $ 2,933 $ 9,008 [2]         9,008   2,933          
Common shares issued (shares)           11,444,382                      
Common shares issued $ 495,980         $ 114     495,866                
Issuance of restricted stock (shares) 4,412                                
Conversion of operating partnership units (in shares)           787,060                      
Conversion of operating partnership units           $ 8     12,979   148 (13,135)          
Dividends declared and paid $ (18,253)                 (13,664)              
Dividends declared and paid (noncontrolling interest)                       (4,589)          
Stock-based compensation 1,131               1,131                
Other comprehensive income - change in value of interest rate swaps (3,891) (3,891)                     (3,891) (3,891) (3,891) (2,857) (1,034)
Reclassification of amortization of forward-starting swap included in interest expense (319) (319) (319)               (240) (79)          
Ending Balance (shares) at Jun. 30, 2019           59,722,748                      
Ending Balance at Jun. 30, 2019 1,291,922         $ 597     $ 1,438,768 (135,497) 5,876 (17,822)          
Beginning partners' capital account (shares) at Mar. 31, 2019       17,177,608 47,486,894 [2]                        
Beginning partners' capital account at Mar. 31, 2019   805,333 12,139 $ (5,232) $ 798,426 [2]                        
Increase (Decrease) in Partners' Capital [Roll Forward]                                  
Net income 11,941 11,941   $ 2,933 $ 9,008 [2]         $ 9,008   2,933          
Contributions from American Assets Trust, Inc. (in shares) [2]         11,444,382                        
Contributions from American Assets Trust, Inc.   495,980     $ 495,980 [2]                        
Issuance of restricted units (shares) [2]         4,412                        
Conversion of operating partnership units (shares)       (787,060) 787,060 [2]                        
Conversion of operating partnership units       $ (12,987) $ 12,987 [2]                        
Distributions   (18,253)   $ (4,589) (13,664) [2]                        
Stock-based compensation   1,131     $ 1,131 [2]                        
Other comprehensive (loss) income - unrealized (loss) income on swap derivative during the period (3,891) (3,891)                     $ (3,891) $ (3,891) $ (3,891) $ (2,857) $ (1,034)
Reclassification of amortization of forward-starting swap included in interest expense $ (319) (319) (319)               $ (240) $ (79)          
Ending partners' capital account (shares) at Jun. 30, 2019       16,390,548 59,722,748 [2]                        
Ending partners' capital account at Jun. 30, 2019   $ 1,291,922 $ 7,929 $ (19,875) $ 1,303,868 [2]                        
[1] Consists of limited partnership interests held by third parties.
[2] Consists of general partnership interests held by American Assets Trust, Inc.