2014 Q1 Form 10-Q Financial Statement

#000150021714000049 Filed on May 02, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $63.98M $62.18M
YoY Change 2.89% 12.14%
Cost Of Revenue $22.65M $21.09M
YoY Change 7.4% 5.13%
Gross Profit $41.33M $41.09M
YoY Change 0.58% 16.12%
Gross Profit Margin 64.6% 66.09%
Selling, General & Admin $5.002M $4.553M
YoY Change 9.86% 12.95%
% of Gross Profit 12.1% 11.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.34M $17.01M
YoY Change -3.95% 14.53%
% of Gross Profit 39.53% 41.4%
Operating Expenses $43.60M $42.30M
YoY Change 3.07% 9.48%
Operating Profit $20.38M $19.88M
YoY Change 2.52% 18.25%
Interest Expense $13.63M $14.74M
YoY Change -7.49% 6.01%
% of Operating Profit 66.89% 74.12%
Other Income/Expense, Net -$91.00K -$279.0K
YoY Change -67.38% 91.1%
Pretax Income $6.660M $4.870M
YoY Change 36.76% 76.45%
Income Tax $112.0K $297.0K
% Of Pretax Income 1.68% 6.1%
Net Earnings $4.602M $3.238M
YoY Change 42.12% 74.46%
Net Earnings / Revenue 7.19% 5.21%
Basic Earnings Per Share $0.11 $0.08
Diluted Earnings Per Share $0.11 $0.08
COMMON SHARES
Basic Shares Outstanding 40.58M shares 39.03M shares
Diluted Shares Outstanding 58.49M shares 57.06M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $79.50M $44.00M
YoY Change 80.68% -56.31%
Cash & Equivalents $79.49M $43.97M
Short-Term Investments
Other Short-Term Assets $3.700M $3.600M
YoY Change 2.78% -26.53%
Inventory
Prepaid Expenses
Receivables $6.300M $37.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $89.50M $85.30M
YoY Change 4.92% -37.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.693B $1.665B
YoY Change 1.7% 12.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.90M $12.20M
YoY Change 22.13% -14.08%
Total Long-Term Assets $1.789B $1.739B
YoY Change 2.89% 9.62%
TOTAL ASSETS
Total Short-Term Assets $89.50M $85.30M
Total Long-Term Assets $1.789B $1.739B
Total Assets $1.879B $1.824B
YoY Change 2.99% 5.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.20M $35.60M
YoY Change 12.92% 37.45%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $45.40M $40.70M
YoY Change 11.55% 32.57%
LONG-TERM LIABILITIES
Long-Term Debt $1.053B $1.045B
YoY Change 0.77% 8.25%
Other Long-Term Liabilities $58.30M $60.20M
YoY Change -3.16% 8.27%
Total Long-Term Liabilities $1.111B $1.105B
YoY Change 0.55% 8.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.40M $40.70M
Total Long-Term Liabilities $1.111B $1.105B
Total Liabilities $1.156B $1.145B
YoY Change 0.98% 3.93%
SHAREHOLDERS EQUITY
Retained Earnings -$48.62M -$30.58M
YoY Change 58.97%
Common Stock $735.6M $664.7M
YoY Change 10.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $686.5M $634.1M
YoY Change
Total Liabilities & Shareholders Equity $1.879B $1.824B
YoY Change 2.99% 5.92%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $4.602M $3.238M
YoY Change 42.12% 74.46%
Depreciation, Depletion And Amortization $16.34M $17.01M
YoY Change -3.95% 14.53%
Cash From Operating Activities $27.99M $25.67M
YoY Change 9.04% 38.77%
INVESTING ACTIVITIES
Capital Expenditures -$30.30M -$9.900M
YoY Change 206.06% -74.55%
Acquisitions
YoY Change
Other Investing Activities -$1.300M $200.0K
YoY Change -750.0% -80.0%
Cash From Investing Activities -$31.60M -$9.722M
YoY Change 225.03% -74.36%
FINANCING ACTIVITIES
Cash Dividend Paid $13.14M $12.11M
YoY Change 8.47% 0.01%
Common Stock Issuance & Retirement, Net $46.93M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $34.11M -$14.46M
YoY Change -335.91% -296.94%
NET CHANGE
Cash From Operating Activities $27.99M $25.67M
Cash From Investing Activities -$31.60M -$9.722M
Cash From Financing Activities $34.11M -$14.46M
Net Change In Cash $30.50M $1.493M
YoY Change 1942.8% -112.37%
FREE CASH FLOW
Cash From Operating Activities $27.99M $25.67M
Capital Expenditures -$30.30M -$9.900M
Free Cash Flow $58.29M $35.57M
YoY Change 63.87% -38.03%

Facts In Submission

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CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Current
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1935000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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740000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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736000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1709000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2636000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2221000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
741604000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
116016000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
79838000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
112064000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
129347000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
148996000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
155343000 USD
CY2013Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
59222000 USD
CY2014Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
60482000 USD
CY2014Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6526000 USD
CY2013Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6314000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
57670000 USD
CY2014Q1 us-gaap Other Assets
OtherAssets
56326000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-746000 USD
CY2013Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
655000 USD
CY2014Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
598000 USD
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
97000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
73000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1202000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
362000 USD
CY2014Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2013Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
10000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-279000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-64000 USD
CY2013Q1 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
2958000 USD
CY2014Q1 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
3471000 USD
CY2014Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
30300000 USD
CY2013Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
9902000 USD
CY2013Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2014Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1957000 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
12114000 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
13140000 USD
CY2014Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4319000 USD
CY2013Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2014Q1 us-gaap Percentage Rent
PercentageRent
425000 USD
CY2013Q1 us-gaap Percentage Rent
PercentageRent
418000 USD
CY2013Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3269000 USD
CY2014Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3713000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
46926000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
0 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-1400000 USD
CY2014Q1 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
100000000 USD
CY2013Q1 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
0 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
4865000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
6658000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
318581000 USD
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
330945000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1995417000 USD
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2023874000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1676836000 USD
CY2014Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1692929000 USD
CY2014Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
6026000 USD
CY2013Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
4800000 USD
CY2013Q4 us-gaap Rental Properties
RentalProperties
1919015000 USD
CY2014Q1 us-gaap Rental Properties
RentalProperties
1924855000 USD
CY2013Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
943000 USD
CY2014Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
405000 USD
CY2014Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
93000000 USD
CY2013Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10568000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9124000 USD
CY2013Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
700000 USD
CY2014Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
500000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44090000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-48619000 USD
CY2014Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
9002000 USD
CY2013Q1 us-gaap Revenue From Leased And Owned Hotels
RevenueFromLeasedAndOwnedHotels
8848000 USD
CY2014Q1 us-gaap Revenues
Revenues
63953000 USD
CY2013Q1 us-gaap Revenues
Revenues
62180000 USD
CY2014Q1 us-gaap Secured Debt
SecuredDebt
952498000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
952174000 USD
CY2013Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
5163000 USD
CY2014Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
5222000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
519000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
676000 USD
CY2014Q1 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
11852 shares
CY2014Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
46926000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
648511000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
686454000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
722476000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
686578000 USD
CY2014Q1 us-gaap Straight Line Rent
StraightLineRent
1000000 USD
CY2013Q1 us-gaap Straight Line Rent
StraightLineRent
700000 USD
CY2013Q1 us-gaap Tenant Reimbursements
TenantReimbursements
5671000 USD
CY2014Q1 us-gaap Tenant Reimbursements
TenantReimbursements
6804000 USD
CY2013Q4 us-gaap Unsecured Debt
UnsecuredDebt
0 USD
CY2014Q1 us-gaap Unsecured Debt
UnsecuredDebt
100000000 USD
CY2014Q1 us-gaap Unsecured Debt
UnsecuredDebt
100000000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58492473 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57056448 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39033013 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40582792 shares
CY2014Q1 aat Accounts Payable And Accrued Liabilities For Construction In Progress
AccountsPayableAndAccruedLiabilitiesForConstructionInProgress
-890000 USD
CY2013Q1 aat Accounts Payable And Accrued Liabilities For Construction In Progress
AccountsPayableAndAccruedLiabilitiesForConstructionInProgress
556000 USD
CY2013Q1 aat Amortization Of Debt Issuance Costs And Debt Fair Value Adjustments
AmortizationOfDebtIssuanceCostsAndDebtFairValueAdjustments
983000 USD
CY2014Q1 aat Amortization Of Debt Issuance Costs And Debt Fair Value Adjustments
AmortizationOfDebtIssuanceCostsAndDebtFairValueAdjustments
1015000 USD
CY2013Q1 aat Capital Expendituresand Leasing Commissions
CapitalExpendituresandLeasingCommissions
10240000 USD
CY2014Q1 aat Capital Expendituresand Leasing Commissions
CapitalExpendituresandLeasingCommissions
31296000 USD
CY2014Q1 aat Deferred Rent Expense And Lease Intangible
DeferredRentExpenseAndLeaseIntangible
773000 USD
CY2013Q4 aat Deferred Rent Expense And Lease Intangible
DeferredRentExpenseAndLeaseIntangible
829000 USD
CY2013Q1 aat Deferred Rent Revenue And Amortization Of Lease Intangibles
DeferredRentRevenueAndAmortizationOfLeaseIntangibles
-1163000 USD
CY2014Q1 aat Deferred Rent Revenue And Amortization Of Lease Intangibles
DeferredRentRevenueAndAmortizationOfLeaseIntangibles
-1545000 USD
CY2014Q1 aat Dividends Date Paid
DividendsDatePaid
2014-03-28
CY2014Q1 aat Dividends Period Covered
DividendsPeriodCovered
January 1, 2014 to March 31, 2014
CY2014Q1 aat Dividends Quarterly Period
DividendsQuarterlyPeriod
First Quarter 2014
CY2014Q1 aat Gross Secured Debt
GrossSecuredDebt
961855000 USD
CY2013Q4 aat Gross Secured Debt
GrossSecuredDebt
962259000 USD
CY2014Q1 aat Increase Decrease Accrued Leasing Commissions
IncreaseDecreaseAccruedLeasingCommissions
-630000 USD
CY2013Q1 aat Increase Decrease Accrued Leasing Commissions
IncreaseDecreaseAccruedLeasingCommissions
689000 USD
CY2013Q1 aat Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
211000 USD
CY2014Q1 aat Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
58000 USD
CY2014Q1 aat Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
17909681 shares
CY2013Q1 aat Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
18023435 shares
CY2014Q1 aat Interest Expense Exclude Constructionin Progress
InterestExpenseExcludeConstructioninProgress
13632000 USD
CY2013Q1 aat Interest Expense Exclude Constructionin Progress
InterestExpenseExcludeConstructioninProgress
14736000 USD
CY2013Q4 aat Lease Incentive Accumulated Amortization
LeaseIncentiveAccumulatedAmortization
2590000 USD
CY2014Q1 aat Lease Incentive Accumulated Amortization
LeaseIncentiveAccumulatedAmortization
2683000 USD
CY2014Q1 aat Maximum Percentage Of Revenue Provided By Any Single Tenant
MaximumPercentageOfRevenueProvidedByAnySingleTenant
0.1
CY2013Q1 aat Maximum Percentage Of Revenue Provided By Any Single Tenant
MaximumPercentageOfRevenueProvidedByAnySingleTenant
0.10
CY2013Q1 aat Minority Interest In Continuing Operations Income Loss Operating Partnerships
MinorityInterestInContinuingOperationsIncomeLossOperatingPartnerships
1495000 USD
CY2014Q1 aat Minority Interest In Continuing Operations Income Loss Operating Partnerships
MinorityInterestInContinuingOperationsIncomeLossOperatingPartnerships
1986000 USD
CY2014Q1 aat Months Maximum Term Length Of Apartment Leases
MonthsMaximumTermLengthOfApartmentLeases
P15M
CY2014Q1 aat Months Minimum Term Of Apartment Leases
MonthsMinimumTermOfApartmentLeases
P7M
CY2014Q1 aat Net Income Attributable To Restricted Share
NetIncomeAttributableToRestrictedShare
70000 USD
CY2013Q1 aat Net Income Attributable To Restricted Share
NetIncomeAttributableToRestrictedShare
132000 USD
CY2014Q1 aat Number Of Consolidated Properties
NumberOfConsolidatedProperties
12 Property
CY2014Q1 aat Number Of Rooms In Mixed Use Segment All Suite Hotel
NumberOfRoomsInMixedUseSegmentAllSuiteHotel
369 Room
CY2014Q1 aat Operating Leases Rental Expense Terms
OperatingLeasesRentalExpenseTerms
12 M
CY2014Q1 aat Other Real Estate Rental Revenue
OtherRealEstateRentalRevenue
419000 USD
CY2013Q1 aat Other Real Estate Rental Revenue
OtherRealEstateRentalRevenue
431000 USD
CY2014Q1 aat Percentage Of Investment In Related Party
PercentageOfInvestmentInRelatedParty
0.477
CY2014Q1 aat Percentage Partners Common Units
PercentagePartnersCommonUnits
0.5
CY2014Q1 aat Period Of Amortization Schedule
PeriodOfAmortizationSchedule
P30Y
CY2014Q1 aat Real Estate Properties Held For Development
RealEstatePropertiesHeldForDevelopment
5 Property
CY2014Q1 aat Shares Held By Minority Interest In Operating Partnerships
SharesHeldByMinorityInterestInOperatingPartnerships
17905257 shares
CY2014Q1 aat Stated Future Monthly Lease Rate
StatedFutureMonthlyLeaseRate
61690 USD
CY2014Q1 aat Transfer Taxes Accrued At Time Of Offering
TransferTaxesAccruedAtTimeOfOffering
6600000 USD
CY2014Q1 aat Weighted Average Unvested Participating Securities Outstanding
WeightedAverageUnvestedParticipatingSecuritiesOutstanding
406856 shares
CY2013Q1 aat Weighted Average Unvested Participating Securities Outstanding
WeightedAverageUnvestedParticipatingSecuritiesOutstanding
631199 shares
CY2014Q1 aat Years Maximum Term Range Of Office And Retail Leases
YearsMaximumTermRangeOfOfficeAndRetailLeases
P10Y
CY2014Q1 aat Years Minimum Term Range Of Office And Retail Leases
YearsMinimumTermRangeOfOfficeAndRetailLeases
P3Y
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001500217
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41935138 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Number Of Employees
EntityNumberOfEmployees
120 Employee
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
AMERICAN ASSETS TRUST, INC.
CY2014Q1 dei Trading Symbol
TradingSymbol
AAT

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