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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Rental income $ 152,814 $ 158,632 $ 145,103
Expense reimbursements 32,282 36,306 32,642
Other 4,843 4,125 1,936
Total revenues 189,939 199,063 179,681
Operating expenses      
Depreciation and amortization 70,011 60,751 49,645
General and administrative 40,648 30,368 27,433
Real estate taxes 25,630 25,384 23,062
Property operating 24,244 28,423 24,833
Other operating 7,517 4,675 3,776
Impairment of asset 0 5,000 0
Total operating expenses 168,050 154,601 128,749
Operating income 21,889 44,462 50,932
Equity in earnings and gains of unconsolidated affiliates 39,449 37,330 111,578
Interest income 25,829 16,603 12,607
Other 0 1,596 2,724
Interest expense (34,645) (37,297) (39,426)
Income from continuing operations before income taxes 52,522 62,694 138,415
Income tax benefit (provision) 105 (1,787) (629)
Income from continuing operations before gain on disposition of properties 52,627 60,907 137,786
Income from discontinued operations, net of tax 0 0 1,222
Gain on disposition of properties, net of tax 81,965 89,063 13,138
Net income 134,592 149,970 152,146
Noncontrolling interests      
Continuing operations (61,816) (84,262) (80,059)
Discontinued operations 0 0 (1,023)
Net income attributable to noncontrolling interests (61,816) (84,262) (81,082)
Net income attributable to Acadia $ 72,776 $ 65,708 $ 71,064
Basic and diluted earnings per share      
Income from continuing operations to Acadia (in dollars per share) $ 0.94 $ 0.94 $ 1.18
Income from discontinued operations to Acadia (in dollars per share) 0.00 0.00 0.00
Basic earnings per share (in dollars per share) 0.94 0.94 1.18
Diluted earnings per share      
Income from continuing operations to Acadia (in dollars per share) $ 0.94 $ 0.94 $ 1.18