For the quarter ending 2026-03-31, AAT has $2,900,567K in assets. $1,827,850K in debts. $118,340K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Operating real estate | 3,703,308 | 3,694,203 | 3,668,738 | 3,656,674 |
| Construction in progress | 75,226 | 68,937 | 73,727 | 68,067 |
| Held for development | 487 | 487 | 487 | 487 |
| Total real estate, at cost | 3,779,021 | 3,763,627 | 3,742,952 | 3,725,228 |
| Accumulated depreciation | 1,167,625 | 1,144,259 | 1,116,022 | 1,090,834 |
| Net real estate | 2,611,396 | 2,619,368 | 2,626,930 | 2,634,394 |
| Cash and cash equivalents | 118,340 | 129,362 | 138,714 | 143,736 |
| Real estate assets held for sale | - | 0 | 0 | 0 |
| Accounts receivable, net | 6,728 | 7,407 | 7,819 | 6,491 |
| Deferred rent receivables, net | 84,333 | 84,642 | 85,827 | 86,357 |
| Leasing commissions, net of accumulated amortization of 55,956 and 56,094, respectively | 37,191 | - | - | - |
| Interest rate swap asset | 1,735 | - | - | - |
| Acquired lease intangible assets, net-Above Market Leases | 0 | - | - | - |
| Acquired lease intangible assets, net-Leases Acquired In Place | 9,361 | - | - | - |
| Lease incentives, net of accumulated amortization of 1,297 and 1,239, respectively | 2,241 | - | - | - |
| Other intangible assets, net of accumulated amortization of 2,426 and 2,361, respectively | 1,404 | - | - | - |
| Debt issuance costs on line of credit, net of accumulated amortization of 2,716 and 2,591, respectively | 125 | - | - | - |
| Right-of-use lease asset, net | 16,540 | - | - | - |
| Prepaid expenses and other | 11,173 | - | - | - |
| Other assets, net | 79,770 | 80,497 | 82,765 | 84,698 |
| Total assets | 2,900,567 | 2,921,276 | 2,942,055 | 2,955,676 |
| Secured notes payable, net | 74,872 | 74,849 | 74,827 | 74,804 |
| Unsecured notes payable, net | 1,613,295 | 1,612,761 | 1,612,228 | 1,611,829 |
| Accounts payable and accrued expenses | 68,901 | 71,094 | 69,581 | 66,606 |
| Security deposits payable | 10,503 | 10,063 | 9,323 | 9,206 |
| Acquired below market leases, net | 10,504 | 10,923 | 11,321 | - |
| Prepaid rent and deferred revenue | 21,410 | 20,670 | 19,830 | - |
| Deferred compensation | 3,342 | 3,380 | 3,230 | - |
| Deferred tax liability | 638 | 638 | 773 | - |
| Straight-line rent liability | 6,301 | 6,880 | 7,026 | - |
| Lease liability | 18,048 | 18,774 | 19,493 | - |
| Other liabilities | 36 | 39 | 32 | - |
| Other liabilities and deferred credits | 60,279 | 61,304 | 61,705 | 59,386 |
| Liabilities related to real estate assets held for sale | - | 0 | 0 | 0 |
| Total liabilities | 1,827,850 | 1,830,071 | 1,827,664 | 1,821,831 |
| Common stock, 0.01 par value, 490,000,000 shares authorized, 61,390,936 and 61,390,936 shares issued and outstanding at march31, 2026 and december31, 2025, respectively | 614 | 614 | 612 | 612 |
| Additional paid-in capital | 1,481,552 | 1,479,870 | 1,480,025 | 1,478,222 |
| Accumulated dividends in excess of net income | -346,589 | -331,086 | -313,594 | -297,518 |
| Accumulated other comprehensive income | 998 | 1,419 | 2,111 | 2,809 |
| Total american assets trust, inc. stockholders equity | 1,136,575 | 1,150,817 | 1,169,154 | 1,184,125 |
| Noncontrolling interests | -63,858 | -59,612 | -54,763 | -50,280 |
| Total equity | 1,072,717 | 1,091,205 | 1,114,391 | 1,133,845 |
| Total liabilities and equity | 2,900,567 | 2,921,276 | 2,942,055 | 2,955,676 |
American Assets Trust, Inc. (AAT)
American Assets Trust, Inc. (AAT)