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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE:      
Rental income $ 309,537 $ 298,803 $ 279,498
Other property income 21,330 16,180 15,590
Total revenue 330,867 314,983 295,088
EXPENSES:      
Rental expenses 86,482 84,006 79,553
Real estate taxes 34,973 32,671 28,378
General and administrative 22,784 21,382 17,897
Depreciation and amortization 107,093 83,278 71,319
Total operating expenses 251,332 221,337 197,147
Operating income (loss) 79,535 93,646 97,941
Interest expense (52,248) (53,848) (51,936)
Other income (expense), net (85) 334 (368)
Net income 27,202 40,132 45,637
Net income attributable to restricted shares (311) (241) (189)
Net income attributable to unitholders in the Operating Partnership (7,205) (10,814) (12,863)
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS $ 19,686 $ 29,077 $ 32,585
EARNINGS PER COMMON SHARE, BASIC      
Basic net income attributable to common stockholders per share (in dollars per share) $ 0.42 $ 0.62 $ 0.72
Weighted average shares of common stock outstanding-basic (in shares) 46,950,812 46,715,520 45,332,471
EARNINGS PER COMMON SHARE, DILUTED      
Diluted net income attributable to common stockholders per share (in dollars per share) $ 0.42 $ 0.62 $ 0.72
Weighted average shares of common stock outstanding-diluted (in shares) 64,136,559 64,087,250 63,228,159
COMPREHENSIVE INCOME      
Net income $ 27,202 $ 40,132 $ 45,637
Other comprehensive gain - unrealized gain on swap derivative during the period 120 386 17,048
Reclassification of amortization of forward starting swap included in interest expense (1,279) (1,114) (231)
Comprehensive income 26,043 39,404 62,454
Comprehensive income attributable to noncontrolling interest (6,877) (10,433) (17,624)
Comprehensive income attributable to American Assets Trust, Inc. 19,166 28,971 44,830
American Assets Trust, L.P.      
REVENUE:      
Rental income 309,537 298,803 279,498
Other property income 21,330 16,180 15,590
Total revenue 330,867 314,983 295,088
EXPENSES:      
Rental expenses 86,482 84,006 79,553
Real estate taxes 34,973 32,671 28,378
General and administrative 22,784 21,382 17,897
Depreciation and amortization 107,093 83,278 71,319
Total operating expenses 251,332 221,337 197,147
Operating income (loss) 79,535 93,646 97,941
Interest expense (52,248) (53,848) (51,936)
Other income (expense), net (85) 334 (368)
Net income 27,202 40,132 45,637
Net income attributable to restricted shares (311) (241) (189)
NET INCOME ATTRIBUTABLE TO AMERICAN ASSETS TRUST, INC. STOCKHOLDERS $ 26,891 $ 39,891 $ 45,448
EARNINGS PER COMMON SHARE, BASIC      
Basic net income attributable to common stockholders per share (in dollars per share) $ 0.42 $ 0.62 $ 0.72
Weighted average shares of common stock outstanding-basic (in shares) 64,136,559 64,087,250 63,228,159
EARNINGS PER COMMON SHARE, DILUTED      
Diluted net income attributable to common stockholders per share (in dollars per share) $ 0.42 $ 0.62 $ 0.72
Weighted average shares of common stock outstanding-diluted (in shares) 64,136,559 64,087,250 63,228,159
DISTRIBUTIONS PER UNIT (in dollars per share) $ 1.09 $ 1.05 $ 1.01
COMPREHENSIVE INCOME      
Net income $ 27,202 $ 40,132 $ 45,637
Other comprehensive gain - unrealized gain on swap derivative during the period 120 386 17,048
Reclassification of amortization of forward starting swap included in interest expense (1,279) (1,114) (231)
Comprehensive income 26,043 39,404 62,454
American Assets Trust, L.P. | Limited Partner      
EXPENSES:      
Net income 7,205 10,814 [1] 12,863 [1]
COMPREHENSIVE INCOME      
Net income 7,205 10,814 [1] 12,863 [1]
Comprehensive income attributable to American Assets Trust, Inc. (6,877) (10,433) (17,624)
American Assets Trust, L.P. | General Partner      
EXPENSES:      
Net income 19,997 29,318 [2] 32,774 [2]
COMPREHENSIVE INCOME      
Net income 19,997 29,318 [2] 32,774 [2]
Comprehensive income attributable to American Assets Trust, Inc. 19,166 28,971 44,830
Swap      
COMPREHENSIVE INCOME      
Other comprehensive gain - unrealized gain on swap derivative during the period 120 (10,281) 17,048
Swap | American Assets Trust, L.P.      
COMPREHENSIVE INCOME      
Other comprehensive gain - unrealized gain on swap derivative during the period $ 120 (10,281) $ 17,048
Forward Contracts      
COMPREHENSIVE INCOME      
Other comprehensive gain - unrealized gain on swap derivative during the period   10,667  
Forward Contracts | American Assets Trust, L.P.      
COMPREHENSIVE INCOME      
Other comprehensive gain - unrealized gain on swap derivative during the period   $ 10,667  
[1] Consists of limited partnership interests held by third parties.
[2] Consists of general and limited partnership interests held by American Assets Trust, Inc.