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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Operating real estate $ 3,082,598 $ 2,549,571
Construction in progress 73,340 71,228
Held for development 547 9,392
Total Real estate, at cost 3,156,485 2,630,191
Accumulated depreciation (642,188) (590,338)
Net real estate 2,514,297 2,039,853
Cash and cash equivalents 115,568 47,956
Restricted cash 10,494 9,316
Accounts receivable, net 9,561 9,289
Deferred rent receivables, net 47,361 39,815
Other assets, net 91,677 52,021
Total assets 2,788,958 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,159 182,572
Unsecured notes payable, net 1,195,525 1,045,863
Unsecured line of credit, net 0 62,337
Accounts payable and accrued expenses 63,205 46,616
Security deposits payable 7,855 8,844
Other liabilities and deferred credits, net 61,990 49,547
Total liabilities 1,490,734 1,395,779
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Common stock, $0.01 par value, 490,000,000 shares authorized, 59,956,972 and 47,335,409 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 599 474
Additional paid-in capital 1,450,816 920,661
Accumulated dividends in excess of net income (139,307) (128,778)
Accumulated other comprehensive income 5,162 10,620
Total American Assets Trust, Inc. stockholders’ equity 1,317,270 802,977
Noncontrolling interests (19,046) (506)
Total equity 1,298,224 802,471
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 2,788,958 2,198,250
American Assets Trust, L.P.    
ASSETS    
Operating real estate 3,082,598 2,549,571
Construction in progress 73,340 71,228
Held for development 547 9,392
Total Real estate, at cost 3,156,485 2,630,191
Accumulated depreciation (642,188) (590,338)
Net real estate 2,514,297 2,039,853
Cash and cash equivalents 115,568 47,956
Restricted cash 10,494 9,316
Accounts receivable, net 9,561 9,289
Deferred rent receivables, net 47,361 39,815
Other assets, net 91,677 52,021
Total assets 2,788,958 2,198,250
LIABILITIES AND EQUITY    
Secured notes payable, net 162,159 182,572
Unsecured notes payable, net 1,195,525 1,045,863
Unsecured line of credit, net 0 62,337
Accounts payable and accrued expenses 63,205 46,616
Security deposits payable 7,855 8,844
Other liabilities and deferred credits, net 61,990 49,547
Total liabilities 1,490,734 1,395,779
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders’ equity    
Accumulated other comprehensive income 7,015 14,591
CAPITAL:    
Limited partners' capital, 16,390,548 and 17,177,608 units issued and outstanding as of September 30, 2019 and December 31, 2018, respectively (20,899) (4,477)
General partner's capital, 59,956,972 and 47,335,409 units issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 1,312,108 792,357
Total capital 1,298,224 802,471
TOTAL LIABILITIES AND EQUITY $ 2,788,958 $ 2,198,250