REAL ESTATE (Tables)

9 Months Ended

Sep. 30, 2021

The financial information set forth below summarizes the Company’s purchase price allocation for Eastgate Office Park and Corporate Campus East III during the nine months ended September 30, 2021 (in thousands):


	Eastgate Office Park		Corporate Campus East III
Land	$	35,822	$	23,203
Building	76,692		52,234
Land improvements	1,740		667
Furniture, fixtures, and equipment	4,305		3,091
Total real estate	118,559		79,195
Lease intangibles	7,023		5,341
Prepaid expenses and other assets	8		13
Assets acquired	$	125,590	$	84,549
Accounts payable and accrued expenses	$	(31)	$	(9)
Security deposits payable	(513)		(310)
Other liabilities and deferred credits	(535)		(3,844)
Liabilities assumed	$	(1,079)	$	(4,163)

Schedule of Acquiree Operating Results since Acquisition Date

The following table summarizes the operating results for Eastgate Office Park and Corporate Campus East III included in the Company's historical consolidated statement of operations for the period of acquisition through September 30, 2021 (in thousands):


	Eastgate Office Park		Corporate Campus East III		Total
Revenues	$	2,432	$	364	$	2,796
Operating expenses	$	(2,572)	$	(483)	$	(3,055)
Operating loss	$	(140)	$	(119)	$	(259)
Net loss attributable to American Assets Trust, Inc.	$	(139)	$	(119)	$	(258)