v3.25.4
QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Information
The tables below reflect selected American Assets Trust, Inc. quarterly information for 2025 and 2024 (in thousands, except per shares data):
 Three Months Ended
 December 31,
2025
September 30,
2025
June 30,
2025
March 31,
2025
Total revenue$110,086 $109,578 $107,933 $108,607 
Operating income23,215 24,767 25,978 71,972 
Net income4,221 5,921 7,121 54,107 
Net income attributable to restricted shares(236)(207)(206)(203)
Net income attributable to unitholders in the Operating Partnership(837)(1,205)(1,459)(11,369)
Net income attributable to American Assets Trust, Inc. stockholders
$3,148 $4,509 $5,456 $42,535 
Net income per share attributable to common stockholders - basic and diluted
$0.05 $0.07 $0.09 $0.70 
 Three Months Ended
 December 31,
2024
September 30,
2024
June 30,
2024
March 31,
2024
Total revenue$113,460 $122,810 $110,890 $110,695 
Operating income30,048 37,808 30,794 30,549 
Net income11,584 21,318 15,294 24,623 
Net income attributable to restricted shares(202)(194)(195)(196)
Net income attributable to unitholders in the Operating Partnership(2,405)(4,467)(3,195)(5,167)
Net income attributable to American Assets Trust, Inc. stockholders$8,977 $16,657 $11,904 $19,260 
Net income per share attributable to common stockholders - basic and diluted$0.15 $0.28 $0.20 $0.32 
                

The tables below reflect selected American Assets Trust, L.P. quarterly information for 2025 and 2024 (in thousands, except per shares data):
 Three Months Ended
 December 31,
2025
September 30,
2025
June 30,
2025
March 31,
2025
Total revenue$110,086 $109,578 $107,933 $108,607 
Operating income23,215 24,767 25,978 71,972 
Net income4,221 5,921 7,121 54,107 
Net income attributable to restricted shares(236)(207)(206)(203)
Net income attributable to American Assets Trust, L.P. unit holders
$3,985 $5,714 $6,915 $53,904 
Net income per unit attributable to unit holders - basic and diluted
$0.05 $0.07 $0.09 $0.70 
 Three Months Ended
 December 31,
2024
September 30,
2024
June 30,
2024
March 31,
2024
Total revenue$113,460 $122,810 $110,890 $110,695 
Operating income30,048 37,808 30,794 30,549 
Net income11,584 21,318 15,294 24,623 
Net income attributable to restricted shares(202)(194)(195)(196)
Net income attributable to American Assets Trust, L.P. unit holders$11,382 $21,124 $15,099 $24,427 
Net income per unit attributable to common unit holders - basic and diluted
$0.15 $0.28 $0.20 $0.32