American Assets Trust reported a net income of $10.0 million, or $0.17 per diluted share, and FFO of $43.4 million, or $0.57 per diluted share, for the third quarter ended September 30, 2021. Same-store cash NOI increased by 14.3% year-over-year.
Net income available to common stockholders was $10.0 million, or $0.17 per diluted share.
Funds From Operations increased 30% year-over-year to $0.57 per diluted share.
Same-store cash NOI increased 14.3% year-over-year.
Total collections increased to 96% in the third quarter of 2021.
The company is introducing 2021 guidance for full year 2021 FFO per diluted share of $1.91 to $1.93 per share.
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