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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Swap
Forward Contracts
Early Extinguishment of Debt
Interest Expense
American Assets Trust, L.P.
American Assets Trust, L.P.
Swap
American Assets Trust, L.P.
Forward Contracts
American Assets Trust, L.P.
Early Extinguishment of Debt
American Assets Trust, L.P.
Interest Expense
Limited Partner
American Assets Trust, L.P.
[1]
General Partner
American Assets Trust, L.P.
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Swap
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Forward Contracts
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Early Extinguishment of Debt
Accumulated Other Comprehensive Income (Loss)
American Assets Trust, L.P.
Interest Expense
Common Stock
Common Stock
American Assets Trust, L.P.
Additional Paid-in Capital
Accumulated dividends in excess of net income
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Swap
Accumulated Other Comprehensive Income (Loss)
Forward Contracts
Accumulated Other Comprehensive Income (Loss)
Early Extinguishment of Debt
Accumulated Other Comprehensive Income (Loss)
Interest Expense
Noncontrolling Interests - Unitholders in the Operating Partnership
Noncontrolling Interests - Unitholders in the Operating Partnership
Swap
Noncontrolling Interests - Unitholders in the Operating Partnership
Forward Contracts
Noncontrolling Interests - Unitholders in the Operating Partnership
Early Extinguishment of Debt
Noncontrolling Interests - Unitholders in the Operating Partnership
Interest Expense
Beginning balance (in 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 60,188         $ 60,188         $ 14,089 $ 46,099 [2]                 46,099           14,089        
Common shares issued (in shares)                                   11,871,552                          
Common shares issued 515,354                                 $ 118   515,236                      
Issuance of restricted stock (in shares)                                   173,008                          
Issuance of restricted stock 0                                 $ 2   (2)                      
Forfeiture of restricted stock (in shares)                                   (70,641)                          
Forfeiture of restricted stock 0                                 $ (1)   1                      
Conversion of operating partnership units (in shares)                                   787,060 787,060                        
Conversion of operating partnership units 0                                 $ 8   12,979   148         (13,135)        
Dividends declared and paid (80,605)                                       (61,699)                    
Dividends declared and paid (noncontrolling interest)                                                     18,906        
Stock-based compensation 4,477                                     4,477                      
Shares withheld for employee taxes (in shares)                       (28,160) [2]           (28,160)                          
Shares withheld for employee taxes (1,338)         (1,338)           $ (1,338) [2]           $ 0   (1,338)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period (5,571) $ (6,084) $ 513     (5,571) $ (6,084) $ 513           $ (6,084) $ 513               $ (4,482) $ 392       $ (1,602) $ 121    
Reclassification of amortization of forward starting swaps included in interest expense       $ 0 $ (1,304)       $ 0 $ (1,304)             $ (1,304)                 $ (998)         $ (306)
Ending balance (in shares) at Dec. 31, 2019                                   60,068,228                          
Ending balance at Dec. 31, 2019 1,293,672                                 $ 601   1,452,014 (144,378) 5,680         (20,245)        
Beginning balance (in shares) at Dec. 31, 2018                     17,177,608 47,335,409 [2]                                      
Beginning balance at Dec. 31, 2018           802,471         $ (4,477) $ 792,357 [2] $ 14,591                                    
Increase (Decrease) in Partners' Capital [Roll Forward]                                                              
Net income 60,188         60,188         $ 14,089 $ 46,099 [2]                 46,099           14,089        
Contributions from American Assets Trust, Inc. (in shares) [2]                       11,871,552                                      
Contributions from American Assets Trust, Inc.           515,354           $ 515,354 [2]                                      
Conversion of operating partnership units (in shares)                     (787,060) 787,060 [2]                                      
Conversion of operating partnership units                     $ (12,987) $ 12,987 [2]                                      
Issuance of restricted units (in shares) [2]                       173,008                                      
Forfeiture of restricted units (in shares) [2]                       (70,641)                                      
Distributions           (80,605)         $ (18,906) $ (61,699) [2]                                      
Stock-based compensation           4,477           $ 4,477 [2]                                      
Shares withheld for employee taxes (in shares)                       (28,160) [2]           (28,160)                          
Units withheld for employee taxes (1,338)         (1,338)           $ (1,338) [2]           $ 0   (1,338)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period (5,571) (6,084) $ 513     (5,571) (6,084) $ 513           (6,084) $ 513               (4,482) $ 392       (1,602) $ 121    
Reclassification of amortization of forward starting swaps included in interest expense       0 (1,304)       0 (1,304)             (1,304)                 (998)         (306)
Ending balance (in shares) at Dec. 31, 2019                     16,390,548 60,068,228 [2]                                      
Ending balance at Dec. 31, 2019           1,293,672         $ (22,281) $ 1,308,237 [2] 7,716                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                              
Net income 35,588         35,588         7,545 $ 28,043 [2]                 28,043           7,545        
Issuance of restricted stock (in shares)                                   317,574                          
Issuance of restricted stock 0                                 $ 3   (3)                      
Forfeiture of restricted stock (in shares)                                   (95,086)                          
Forfeiture of restricted stock 0                                 $ (1)   1                      
Conversion of operating partnership units (in shares)                                   209,011 209,011                        
Conversion of operating partnership units 0                                 $ 2   (12,003)   3         11,998        
Dividends declared and paid (76,510)                                       (60,225)                    
Dividends declared and paid (noncontrolling interest)                                                     16,285        
Stock-based compensation 6,307                                     6,307                      
Shares withheld for employee taxes (in shares)                       (23,435) [2]           (23,435)                          
Shares withheld for employee taxes (672)         (672)           $ (672) [2]           $ 0   (672)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period (3,649) (3,649)       (3,649) (3,649)             (3,649)                 (2,885)         (764)      
Reclassification of amortization of forward starting swaps included in interest expense       0 (1,330)       0 (1,330)             (1,330)                 (1,045)         (285)
Ending balance (in shares) at Dec. 31, 2020                                   60,476,292                          
Ending balance at Dec. 31, 2020 1,253,406                                 $ 605   1,445,644 (176,560) 1,753         (18,036)        
Increase (Decrease) in Partners' Capital [Roll Forward]                                                              
Net income 35,588         35,588         $ 7,545 $ 28,043 [2]                 28,043           7,545        
Conversion of operating partnership units (in shares)                     (209,011) 209,011 [2]                                      
Conversion of operating partnership units                     $ 12,001 $ (12,001) [2]                                      
Issuance of restricted units (in shares) [2]                       317,574                                      
Forfeiture of restricted units (in shares) [2]                       (95,086)                                      
Distributions           (76,510)         $ (16,285) $ (60,225) [2]                                      
Stock-based compensation           6,307           $ 6,307 [2]                                      
Shares withheld for employee taxes (in shares)                       (23,435) [2]           (23,435)                          
Units withheld for employee taxes (672)         (672)           $ (672) [2]           $ 0   (672)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period (3,649) (3,649)       (3,649) (3,649)             (3,649)                 (2,885)         (764)      
Reclassification of amortization of forward starting swaps included in interest expense       0 (1,330)       0 (1,330)             (1,330)                 (1,045)         (285)
Ending balance (in shares) at Dec. 31, 2020                     16,181,537 60,476,292 [2]                                      
Ending balance at Dec. 31, 2020           1,253,406         $ (19,020) $ 1,269,689 [2] 2,737                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                              
Net income 36,593         36,593         7,653 $ 28,940 [2]                 28,940           7,653        
Issuance of restricted stock (in shares)                                   229,819                          
Issuance of restricted stock 0                                 $ 2   (2)                      
Forfeiture of restricted stock (in shares)                                   (155,390)                          
Forfeiture of restricted stock 0                                 $ (2)   2                      
Conversion of operating partnership units (in shares)                                     0                        
Dividends declared and paid (88,936)                                       (70,165)                    
Dividends declared and paid (noncontrolling interest)                                                     18,771        
Stock-based compensation 8,493                                     8,493                      
Shares withheld for employee taxes (in shares)                       (25,141) [2]           (25,141)                          
Shares withheld for employee taxes (865)         (865)           $ (865) [2]           $ 0   (865)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period 2,723 2,723       2,723 2,723             2,723                 2,135         588      
Reclassification of amortization of forward starting swaps included in interest expense       (193) (1,098)       (193) (1,098)           $ (193) (1,098)               $ (152) (864)       $ (41) (234)
Ending balance (in shares) at Dec. 31, 2021                                   60,525,580                          
Ending balance at Dec. 31, 2021 1,210,123                                 $ 605   1,453,272 (217,785) $ 2,872         (28,841)        
Increase (Decrease) in Partners' Capital [Roll Forward]                                                              
Net income 36,593         36,593         7,653 $ 28,940 [2]                 $ 28,940           $ 7,653        
Issuance of restricted units (in shares) [2]                       229,819                                      
Forfeiture of restricted units (in shares) [2]                       (155,390)                                      
Distributions           (88,936)         $ (18,771) $ (70,165) [2]                                      
Stock-based compensation           8,493           $ 8,493 [2]                                      
Shares withheld for employee taxes (in shares)                       (25,141) [2]           (25,141)                          
Units withheld for employee taxes (865)         (865)           $ (865) [2]           $ 0   $ (865)                      
Other comprehensive gain (loss) - unrealized gain (loss) on swap derivatives during the period $ 2,723 $ 2,723       2,723 $ 2,723             $ 2,723                 $ 2,135         $ 588      
Reclassification of amortization of forward starting swaps included in interest expense       $ (193) $ (1,098)       $ (193) $ (1,098)           $ (193) $ (1,098)               $ (152) $ (864)       $ (41) $ (234)
Ending balance (in shares) at Dec. 31, 2021                     16,181,537 60,525,580 [2]                                      
Ending balance at Dec. 31, 2021           $ 1,210,123         $ (30,138) $ 1,236,092 [2] $ 4,169                                    
[1] Consists of limited partnership interests held by third parties.
[2] Consists of general and limited partnership interests held by American Assets Trust, Inc.