American Assets Trust Inc
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 12, 2025
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 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, 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 value 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 income - change in values of interest rate swaps | — | — | — | — | (1,437) | (390) | (1,827) | |||||
| Reclassification of amortization of forward-starting swaps included in interest expense | — | — | — | — | (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 | |||||
| Net income | — | — | — | 57,585 | — | 15,234 | 72,819 | |||||
| Issuance of restricted stock | 303,648 | 3 | (3) | — | — | — | — | |||||
| Forfeiture of restricted stock | (10,397) | — | — | — | — | — | — | |||||
| Dividends declared and paid | — | — | — | (81,685) | — | (21,683) | (103,368) | |||||
| Stock-based compensation | — | — | 7,110 | — | — | — | 7,110 | |||||
| Shares withheld for employee taxes | (50,799) | (1) | (1,444) | — | — | — | (1,445) | |||||
| Other comprehensive loss - change in value of interest rate swaps | — | — | — | — | (2,164) | (584) | (2,748) | |||||
| Other comprehensive loss - unrealized loss on treasury locks | — | — | — | — | (1,061) | (284) | (1,345) | |||||
| Reclassification of amortization of forward-starting swaps included in interest expense, net | — | — | — | — | (297) | (80) | (377) | |||||
| Balance at December 31, 2024 | 61,138,238 | $611 | $1,474,869 | $(304,339) | $4,760 | $(51,580) | $1,124,321 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.