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American Assets Trust, Inc. (AAT)

American Assets Trust, Inc. (AAT)

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Balance Sheets Overview

Debt to Asset Ratio
63.56%
Unit: Thousand (K) dollars
Assets Breakdown
    • Operating real estate
    • Accumulated depreciation
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Unsecured notes payable, net
    • Additional paid-in capital
    • Accumulated dividends in excess ...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Operating real estate
3,718,569
3,703,308
3,694,203
3,668,738
Construction in progress
88,156
75,226
68,937
73,727
Held for development
487
487
487
487
Total real estate, at cost
3,807,212
3,779,021
3,763,627
3,742,952
Accumulated depreciation
1,195,972
1,167,625
1,144,259
1,116,022
Net real estate
2,611,240
2,611,396
2,619,368
2,626,930
Cash and cash equivalents
109,697
118,340
129,362
138,714
Accounts receivable, net
5,502
6,728
7,407
7,819
Deferred rent receivables, net
84,527
84,333
84,642
85,827
Other assets, net
81,567
79,770
80,497
82,765
Real estate assets held for sale
-
-
0
0
Total assets
2,892,533
2,900,567
2,921,276
2,942,055
Secured notes payable, net
74,895
74,872
74,849
74,827
Unsecured notes payable, net
1,613,061
1,613,295
1,612,761
1,612,228
Accounts payable and accrued expenses
81,216
68,901
71,094
69,581
Security deposits payable
10,500
10,503
10,063
9,323
Acquired below market leases, net
10,043
10,504
10,923
11,321
Prepaid rent and deferred revenue
21,052
21,410
20,670
19,830
Deferred compensation
3,541
3,342
3,380
3,230
Deferred tax liability
638
638
638
773
Straight-line rent liability
6,161
6,301
6,880
7,026
Lease liability
17,316
18,048
18,774
19,493
Other liabilities
28
36
39
32
Other liabilities and deferred credits
58,779
60,279
61,304
61,705
Liabilities related to real estate assets held for sale
-
-
0
0
Total liabilities
1,838,451
1,827,850
1,830,071
1,827,664
Common stock, 0.01 par value, 490,000,000 shares authorized, 61,404,213 and 61,390,936 shares issued and outstanding at june30, 2026 and december31, 2025, respectively
614
614
614
612
Additional paid-in capital
1,483,234
1,481,552
1,479,870
1,480,025
Accumulated dividends in excess of net income
-362,058
-346,589
-331,086
-313,594
Accumulated other comprehensive income
424
998
1,419
2,111
Total american assets trust, inc. stockholders equity
1,122,214
1,136,575
1,150,817
1,169,154
Noncontrolling interests
-68,132
-63,858
-59,612
-54,763
Total equity
1,054,082
1,072,717
1,091,205
1,114,391
Total liabilities and equity
2,892,533
2,900,567
2,921,276
2,942,055
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Operating real estate$3,718,569K (1.69%↑ Y/Y)Construction in progress$88,156K (29.51%↑ Y/Y)Held for development$487K (0.00%↑ Y/Y)Total real estate, atcost$3,807,212K (2.20%↑ Y/Y)Net real estate$2,611,240K (-0.88%↓ Y/Y)Cash and cashequivalents$109,697K (-23.68%↓ Y/Y)Deferred rentreceivables, net$84,527K (-2.12%↓ Y/Y)Other assets, net$81,567K (-3.70%↓ Y/Y)Accounts receivable, net$5,502K (-15.24%↓ Y/Y)Accumulated depreciation$1,195,972K (9.64%↑ Y/Y)Total assets$2,892,533K (-2.14%↓ Y/Y)Total liabilities andequity$2,892,533K (-2.14%↓ Y/Y)Total liabilities$1,838,451K (0.91%↑ Y/Y)Total equity$1,054,082K (-7.03%↓ Y/Y)Noncontrolling interests-$68,132K (-35.51%↓ Y/Y)Unsecured notes payable,net$1,613,061K (0.08%↑ Y/Y)Accounts payable andaccrued expenses$81,216K (21.93%↑ Y/Y)Secured notes payable,net$74,895K (0.12%↑ Y/Y)Other liabilities anddeferred credits$58,779K (-1.02%↓ Y/Y)Security depositspayable$10,500K (14.06%↑ Y/Y)Total american assetstrust, inc....$1,122,214K (-5.23%↓ Y/Y)Accumulated dividends inexcess of net income-$362,058K (-21.69%↓ Y/Y)Prepaid rent anddeferred revenue$21,052K (18.60%↑ Y/Y)Lease liability$17,316K (-10.13%↓ Y/Y)Acquired below marketleases, net$10,043K (-15.01%↓ Y/Y)Straight-line rent liability$6,161K (-7.63%↓ Y/Y)Deferred compensation$3,541K (14.60%↑ Y/Y)Deferred tax liability$638K (-18.31%↓ Y/Y)Other liabilities$28K (154.55%↑ Y/Y)Additional paid-in capital$1,483,234K (0.34%↑ Y/Y)Common stock, 0.01 parvalue, 490,000,000...$614K (0.33%↑ Y/Y)Accumulated othercomprehensive income$424K (-84.91%↓ Y/Y)