Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate, at cost
Operating real estate	$ 3,502,251	$ 3,468,537
Construction in progress	239,030	202,385
Held for development	487	547
Total Real estate, at cost	3,741,768	3,671,469
Accumulated depreciation	(1,036,453)	(936,913)
Net real estate	2,705,315	2,734,556
Cash and cash equivalents	82,888	49,571
Accounts receivable, net	7,624	7,848
Deferred rent receivables, net	89,210	87,192
Other assets, net	99,644	108,714
TOTAL ASSETS	2,984,681	2,987,881
LIABILITIES:
Secured notes payable, net	74,669	74,578
Unsecured notes payable, net	1,614,958	1,539,453
Unsecured line of credit, net	0	34,057
Accounts payable and accrued expenses	61,312	65,992
Security deposits payable	8,880	8,699
Other liabilities and deferred credits	71,187	79,577
Total liabilities	1,831,006	1,802,356
Commitments and contingencies (Note 12)
American Assets Trust, Inc. stockholders' equity
Common stock, $0.01 par value, 490,000,000 shares authorized, 60,895,786 and 60,718,653 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	609	607
Additional paid-in capital	1,469,206	1,461,201
Accumulated dividends in excess of net income	(280,239)	(251,167)
Accumulated other comprehensive income	8,282	10,624
Total American Assets Trust, Inc. stockholders' equity	1,197,858	1,221,265
Noncontrolling interests	(44,183)	(35,740)
Total equity	1,153,675	1,185,525
TOTAL LIABILITIES AND EQUITY	$ 2,984,681	$ 2,987,881