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.
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Consolidated Statements of Equity F-
Consolidated Statements of Equity
(In Thousands, Except Share Data)
| American Assets Trust, Inc. Stockholders' Equity · Noncontrolling Interests - Unitholders in the Operating Partnership · Total | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares · Additional Paid-in Capital · Accumulated Dividends in Excess of Net Income · Accumulated Other Comprehensive Income (Loss) | ||||||||||||
| Shares · Amount | ||||||||||||
| Balance at December 31, 2020 | 60,476,292 | $605 | $1,445,644 | $(176,560) | $1,753 | $(18,036) | 1,253,406 | |||||
| Net income | — | — | — | 28,940 | — | 7,653 | 36,593 | |||||
| Issuance of restricted stock | 229,819 | 2 | (2) | — | — | — | — | |||||
| Forfeiture of restricted stock | (155,390) | (2) | 2 | — | — | — | — | |||||
| Dividends declared and paid | — | — | — | (70,165) | — | (18,771) | (88,936) | |||||
| Stock-based compensation | — | — | 8,493 | — | — | — | 8,493 | |||||
| Shares withheld for employee taxes | (25,141) | — | (865) | — | — | — | (865) | |||||
| Other comprehensive income - change in value of interest rate swaps | — | — | — | — | 2,135 | 588 | 2,723 | |||||
| Reclassification of amortization of forward-starting swaps included in interest expense | — | — | — | — | (864) | (234) | (1,098) | |||||
| Reclassification of amortization of forward-starting swaps included in loss on early extinguishment of debt | — | — | — | — | (152) | (41) | (193) | |||||
| Balance at December 31, 2021 | 60,525,580 | 605 | 1,453,272 | (217,785) | 2,872 | (28,841) | 1,210,123 | |||||
| Net income | — | — | — | 44,154 | — | 11,723 | 55,877 | |||||
| Issuance of restricted stock | 325,682 | 3 | (3) | — | — | — | — | |||||
| Forfeiture of restricted stock | (106,796) | (1) | 1 | — | — | — | — | |||||
| Dividends declared and paid | — | — | — | (77,536) | — | (20,712) | (98,248) | |||||
| Stock-based compensation | — | 8,690 | — | — | — | 8,690 | ||||||
| Shares withheld for employee taxes | (25,813) | — | (759) | — | — | — | (759) | |||||
| Other comprehensive income - change in values of interest rate swaps | — | — | — | — | 8,916 | 2,403 | 11,319 | |||||
| Reclassification of amortization of forward-starting swaps included in interest expense | — | — | — | — | (1,164) | (313) | (1,477) | |||||
| Balance at December 31, 2022 | 60,718,653 | 607 | 1,461,201 | (251,167) | 10,624 | (35,740) | 1,185,525 | |||||
| Net income | — | — | — | 51,139 | — | 13,551 | 64,690 | |||||
| Issuance of restricted stock | 300,889 | 3 | (3) | — | — | — | — | |||||
| Forfeiture of restricted stock | (82,481) | (1) | 1 | — | — | — | — | |||||
| Dividends declared and paid | — | — | — | (80,211) | — | (21,360) | (101,571) | |||||
| Stock-based compensation | — | — | 8,838 | — | — | — | 8,838 | |||||
| Shares withheld for employee taxes | (41,275) | — | (831) | — | — | — | (831) | |||||
| Other comprehensive loss - change in value of interest rate swaps | — | — | — | — | (1,437) | (390) | (1,827) | |||||
| Reclassification of amortization of forward-starting swaps included in interest expense, net | — | — | — | — | (905) | (244) | (1,149) | |||||
| Balance at December 31, 2023 | 60,895,786 | $609 | $1,469,206 | $(280,239) | $8,282 | $(44,183) | $1,153,675 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.