Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Operating real estate	$ 3,440,692	$ 3,389,726
Construction in progress	159,066	139,098
Held for development	547	547
Total Real estate, at cost	3,600,305	3,529,371
Accumulated depreciation	(868,848)	(847,390)
Real estate, net	2,731,457	2,681,981
Cash and cash equivalents	73,573	139,524
Accounts receivable, net	7,876	7,445
Deferred rent receivables, net	85,551	82,724
Other assets, net	112,677	106,253
Total assets	3,011,134	3,017,927
LIABILITIES:
Secured notes payable, net	110,976	110,965
Unsecured notes payable, net	1,538,052	1,538,238
Accounts payable and accrued expenses	68,797	64,531
Security deposits payable	8,280	7,855
Other liabilities and deferred credits, net	79,142	86,215
Total liabilities	1,805,247	1,807,804
Commitments and contingencies (Note 11)
American Assets Trust, Inc. stockholders’ equity
Common stock, $0.01 par value, 490,000,000 shares authorized, 60,522,043 and 60,525,580 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	605	605
Additional paid-in capital	1,454,746	1,453,272
Accumulated dividends in excess of net income	(226,474)	(217,785)
Accumulated other comprehensive income	7,063	2,872
Total American Assets Trust, Inc. stockholders’ equity	1,235,940	1,238,964
Noncontrolling interests	(30,053)	(28,841)
Total equity	1,205,887	1,210,123
TOTAL LIABILITIES AND EQUITY	$ 3,011,134	$ 3,017,927