---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-22-000038"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:38:20.068210+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAT Q1 FFO $0.57 (+50% YoY), same-store cash NOI +18.3%, raises 2022 FFO guidance

## Summary
- Net income $10.5M ($0.18/dil share); FFO $0.57/dil share (+50% YoY).
- Same-store cash NOI increased 18.3% YoY; office leased 91.5%, retail 92.2%.
- Acquired Bel-Spring 520 office campus in Bellevue, WA for ~$46M on March 8.
- Raised 2022 FFO guidance to $2.13-$2.21 per share (midpoint $2.17, +2%).
- Amended credit facility to $400M revolving line; maturities extended to 2026/2027.

## SEC filing metadata
- accession: 0001500217-22-000038
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021722000038/0001500217-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021722000038/aat-20220426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-22-000038
- JSON: https://secwatch.observer/filing/0001500217-22-000038.json
- Plain text: https://secwatch.observer/filing/0001500217-22-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.