American Assets Trust, Inc.
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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FY2025 · Filed Feb 6, 2026
AAT$21.55-0.6%Stored close · as of Nov 10, 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, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Real estate, at cost | ||
| Operating real estate | $3,694,203 | $3,449,009 |
| Construction in progress | 68,937 | 176,868 |
| Held for development | 487 | 487 |
| 3,763,627 | 3,626,364 | |
| Accumulated depreciation | (1,144,259) | (1,038,878) |
| Net real estate | 2,619,368 | 2,587,486 |
| Cash and cash equivalents | 129,362 | 425,659 |
| Accounts receivable, net | 7,407 | 6,905 |
| Deferred rent receivables, net | 84,642 | 88,059 |
| Other assets, net | 80,497 | 87,737 |
| Real estate assets held for sale | — | 77,519 |
| TOTAL ASSETS | $2,921,276 | $3,273,365 |
| LIABILITIES AND EQUITY | ||
| LIABILITIES: | ||
| Secured notes payable, net | $74,849 | $74,759 |
| Unsecured notes payable, net | 1,612,761 | 1,935,756 |
| Accounts payable and accrued expenses | 71,094 | 63,693 |
| Security deposits payable | 10,063 | 8,896 |
| Other liabilities and deferred credits | 61,304 | 62,588 |
| Liabilities related to real estate assets held for sale | — | 3,352 |
| Total liabilities | 1,830,071 | 2,149,044 |
| Commitments and contingencies (Note 12) | ||
| EQUITY: | ||
| American Assets Trust, Inc. stockholders' equity | ||
| Common stock, $0.01 par value, 490,000,000 shares authorized, 61,390,936 and 61,138,238 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 614 | 611 |
| Additional paid-in capital | 1,479,870 | 1,474,869 |
| Accumulated dividends in excess of net income | (331,086) | (304,339) |
| Accumulated other comprehensive income | 1,419 | 4,760 |
| Total American Assets Trust, Inc. stockholders' equity | 1,150,817 | 1,175,901 |
| Noncontrolling interests | (59,612) | (51,580) |
| Total equity | 1,091,205 | 1,124,321 |
| TOTAL LIABILITIES AND EQUITY | $2,921,276 | $3,273,365 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.