American Assets Trust, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $295.1m $315.0m $40.0m $40.3m $17.2m $24.9m $38.1m $42.9m $43.0m $39.9m
Revenues:
Gross Profit $187.2m $198.3m $209.4m $234.8m $223.5m $246.1m $270.2m $277.2m $290.1m $266.6m
Operating Expenses $197.1m $221.3m $251.3m $253.1m $256.0m $276.0m
Operating Income (Loss) $97.9m $93.6m $79.5m $113.7m $88.6m $99.9m $114.7m $121.7m $129.2m $145.9m
Additional Financial Items
Operating Lease, Lease Income $360.2m $402.5m $419.4m $423.6m $410.5m
Amortization of Intangible Assets $3.9m $1.8m $1.9m $3.1m
Interest and Other Income $72k $548k $238k $696k $436k $324k $225k $2.2m $9.0m $4.3m
Lease Income $395k
Other Operating Income $97.9m $93.6m $21.3m $22.9m $14.3m $15.6m $20.1m $21.8m $34.2m $25.7m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $28.4m $56.8m $55.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $45.6m $40.1m $27.2m $60.2m $35.6m $36.6m $13.8m $12.9m $14.3m $14.0m
Net Income (Loss) Attributable to Parent $32.6m $29.1m $19.7m $45.7m $27.7m $36.6m $55.9m $64.7m $72.8m $71.4m
Net Income (Loss) Available to Common Stockholders, Basic $32.6m $29.1m $19.7m $45.7m $27.7m $28.4m $43.5m $50.4m $56.8m $55.6m
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable $12.9m $10.8m $7.2m $14.1m $7.5m $7.7m $11.7m $13.6m $15.2m $14.9m
Earnings Per Share, Basic $0.72 $0.62 $0.42 $0.84 $0.46 $0.47 $0.72 $0.84 $0.94 $0.92
Earnings Per Share, Diluted $0.72 $0.62 $0.42 $0.84 $0.46 $0.47 $0.72 $0.84 $0.94 $0.92
Weighted Average Number of Shares Outstanding, Basic 45.3m 46.7m 47.0m 54.1m 59.8m 60.0m 60.0m 60.2m 60.3m 60.6m
Weighted Average Number of Shares Outstanding, Diluted 63.2m 64.1m 64.1m 70.8m 76.1m 76.2m 76.2m 76.3m 76.5m 76.7m
General and Administrative Expense $17.9m $21.4m $22.8m $24.9m $26.6m $29.9m $32.1m $36.0m $35.5m $37.8m
Other Nonoperating Income (Expense) ($368k) $334k ($85k) ($122k) $447k ($418k) ($625k) $7.6m $18.1m $3.6m
Cost of Property Repairs and Maintenance $12.7m $13.1m $13.5m $17.0m $17.8m $18.1m $22.2m $22.6m $23.2m $24.1m
Interest Expense $51.9m $53.8m $52.2m $54.0m $53.4m $58.6m
Management Fee Expense $2.0m $2.0m $2.0m $2.0m $1.0m $1.3m $2.1m $2.3m $2.4m $2.3m
Operating Lease, Expense $4.0m $3.2m $3.5m $3.6m $3.5m
Other Cost of Operating Revenue $24.0m $24.5m $13.7m $17.5m $25.8m $29.4m $29.9m $29.4m
Real Estate Tax Expense $28.4m $32.7m $35.0m $40.0m $41.9m $42.8m $44.8m $45.2m $44.2m $45.0m
Income Tax Expense (Benefit) $566k $214k $327k $819k ($9k) $738k $850k $1.0m $886k $770k
Interest Income (Expense), Nonoperating, Net ($58.2m) ($64.7m) ($74.5m) ($78.1m)