XML 63 R47.htm IDEA: XBRL DOCUMENT v3.21.2
DEBT - Summary of Total Unsecured Notes Payable Outstanding (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jan. 26, 2021
Jul. 17, 2019
Jun. 23, 2017
May 11, 2017
Jan. 18, 2017
Sep. 19, 2014
Aug. 19, 2014
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2018
Debt Instrument [Line Items]                          
Debt issuance costs, net               $ (645)   $ (645)   $ 0  
Debt issuance costs, accumulated amortization               1,425   1,425   0  
Early extinguishment of debt               0 $ 0 (4,271) $ 0    
American Assets Trust, L.P.                          
Debt Instrument [Line Items]                          
Early extinguishment of debt               0 $ 0 (4,271) $ 0    
American Assets Trust, L.P. | Forward Contracts                          
Debt Instrument [Line Items]                          
Derivative contract term             7 years            
Gain on derivative settlement   $ 500   $ 700 $ 10,400 $ 1,600              
Loss on derivative settlement     $ 500                    
American Assets Trust, L.P. | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               1,550,000   1,550,000   1,200,000  
Debt issuance costs, net               (12,693)   (12,693)   (3,323)  
Total Debt Outstanding               1,537,307   1,537,307   1,196,677  
Debt issuance costs, accumulated amortization               $ 9,059   $ 9,059   8,856  
American Assets Trust, L.P. | Term Loan A | Interest Rate Swap                          
Debt Instrument [Line Items]                          
Derivative fixed interest rate (in percent)               4.13%   4.13%      
American Assets Trust, L.P. | Term Loan A | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Maturity Date                   Jan. 09, 2022      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series A | Forward Contracts                          
Debt Instrument [Line Items]                          
Effective rate of debt instrument (in percent)               3.88%   3.88%      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series A | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 0   $ 0   150,000  
Stated Interest Rate               4.04%   4.04%      
Stated Maturity Date                   Oct. 31, 2021      
Early extinguishment of debt $ 3,900                        
American Assets Trust, L.P. | Term Loan B | Interest Rate Swap                          
Debt Instrument [Line Items]                          
Derivative fixed interest rate (in percent)               2.65%   2.65%     3.15%
American Assets Trust, L.P. | Term Loan B | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Maturity Date                   Mar. 01, 2023      
American Assets Trust, L.P. | Term Loan C | Interest Rate Swap                          
Debt Instrument [Line Items]                          
Derivative fixed interest rate (in percent)               2.64%   2.64%     3.14%
American Assets Trust, L.P. | Term Loan C | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 50,000   $ 50,000   50,000  
Stated Maturity Date                   Mar. 01, 2023      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series F | Forward Contracts                          
Debt Instrument [Line Items]                          
Effective rate of debt instrument (in percent)               3.85%   3.85%      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series F | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Interest Rate               3.78%   3.78%      
Stated Maturity Date                   Jul. 19, 2024      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series B | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Interest Rate               4.45%   4.45%      
Stated Maturity Date                   Feb. 02, 2025      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series C | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Interest Rate               4.50%   4.50%      
Stated Maturity Date                   Apr. 01, 2025      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series D | Forward Contracts                          
Debt Instrument [Line Items]                          
Effective rate of debt instrument (in percent)               3.87%   3.87%      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series D | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 250,000   $ 250,000   250,000  
Stated Interest Rate               4.29%   4.29%      
Stated Maturity Date                   Mar. 01, 2027      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series E | Forward Contracts                          
Debt Instrument [Line Items]                          
Effective rate of debt instrument (in percent)               4.18%   4.18%      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series E | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 100,000   $ 100,000   100,000  
Stated Interest Rate               4.24%   4.24%      
Stated Maturity Date                   May 23, 2029      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series G | Forward Contracts                          
Debt Instrument [Line Items]                          
Effective rate of debt instrument (in percent)               3.88%   3.88%      
American Assets Trust, L.P. | Senior Guaranteed Notes, Series G | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 150,000   $ 150,000   150,000  
Stated Interest Rate               3.91%   3.91%      
Stated Maturity Date                   Jul. 30, 2030      
American Assets Trust, L.P. | 3.375% Senior Unsecured Notes                          
Debt Instrument [Line Items]                          
Stated Interest Rate 3.375%                        
American Assets Trust, L.P. | 3.375% Senior Unsecured Notes | Unsecured term loans, net                          
Debt Instrument [Line Items]                          
Long-term Debt, Principal Balance               $ 500,000   $ 500,000   $ 0  
Stated Interest Rate               3.38%   3.38%      
Stated Maturity Date                   Feb. 01, 2031