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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Operating real estate $ 3,147,237 $ 3,096,886
Construction in progress 81,485 91,264
Held for development 547 547
Total Real estate, at cost 3,229,269 3,188,697
Accumulated depreciation (730,705) (665,222)
Net real estate 2,498,564 2,523,475
Cash and cash equivalents 155,327 99,303
Restricted cash 1,231 10,148
Accounts receivable, net 12,018 12,016
Deferred rent receivables, net 68,752 52,171
Other assets, net 108,222 93,220
Total assets 2,844,114 2,790,333
LIABILITIES AND EQUITY    
Secured notes payable, net 110,913 161,879
Unsecured notes payable, net 1,196,547 1,195,780
Unsecured line of credit, net 99,049 0
Accounts payable and accrued expenses 71,837 62,576
Security deposits payable 6,530 8,316
Other liabilities and deferred credits, net 93,256 68,110
Total liabilities 1,578,132 1,496,661
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 60,282,929 and 60,068,228 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 603 601
Additional paid-in capital 1,443,764 1,452,014
Accumulated dividends in excess of net income (164,462) (144,378)
Accumulated other comprehensive income 1,034 5,680
Total American Assets Trust, Inc. stockholders’ equity 1,280,939 1,313,917
Noncontrolling interests (14,957) (20,245)
Total equity 1,265,982 1,293,672
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 2,844,114 2,790,333
American Assets Trust, L.P.    
ASSETS    
Operating real estate 3,147,237 3,096,886
Construction in progress 81,485 91,264
Held for development 547 547
Total Real estate, at cost 3,229,269 3,188,697
Accumulated depreciation (730,705) (665,222)
Net real estate 2,498,564 2,523,475
Cash and cash equivalents 155,327 99,303
Restricted cash 1,231 10,148
Accounts receivable, net 12,018 12,016
Deferred rent receivables, net 68,752 52,171
Other assets, net 108,222 93,220
Total assets 2,844,114 2,790,333
LIABILITIES AND EQUITY    
Secured notes payable, net 110,913 161,879
Unsecured notes payable, net 1,196,547 1,195,780
Unsecured line of credit, net 99,049 0
Accounts payable and accrued expenses 71,837 62,576
Security deposits payable 6,530 8,316
Other liabilities and deferred credits, net 93,256 68,110
Total liabilities 1,578,132 1,496,661
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 1,819 7,716
CAPITAL:    
Limited partners' capital, 16,181,537 and 16,390,548 units issued and outstanding as of September 30, 2020 and December 31, 2019, respectively (15,742) (22,281)
General partner's capital, 60,282,929 and 60,068,228 units issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 1,279,905 1,308,237
Total capital 1,265,982 1,293,672
TOTAL LIABILITIES AND EQUITY $ 2,844,114 $ 2,790,333