American Assets Trust Inc
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
AAT$21.69+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of F-
Consolidated Balance Sheets
(In Thousands, Except Share Data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| 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 |
| 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 AND EQUITY | ||
| LIABILITIES: | ||
| Secured notes payable, net | $74,669 | $74,578 |
| Unsecured notes payable, net | 1,614,958 | 1,539,453 |
| Unsecured line of credit, net | — | 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) | ||
| EQUITY: | ||
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.