Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended June 30,						Six Months Ended June 30,
(dollars in thousands)	2017			2016			2017			2016
Numerator:
Net income attributable to Acadia	$	12,060		$	17,918		$	27,691		$	46,843
Less: net income attributable to participating securities	(126		)	(223		)	(372		)	(589		)
Income from continuing operations net of income attributable to participating securities	$	11,934		$	17,695		$	27,319		$	46,254
Denominator:
Weighted average shares for basic earnings per share	83,661,953			72,895,868			83,648,415			71,825,784
Effect of dilutive securities:
Employee unvested restricted shares	—			—			5,365			7,861
Convertible Preferred OP Units	—			—			—			25,067
Denominator for diluted earnings per share	83,661,953			72,895,868			83,653,780			71,858,712
Basic and diluted earnings per Common Share from continuing operations attributable to Acadia	$	0.14		$	0.24		$	0.33		$	0.64
Anti-Dilutive Shares Excluded from Denominator:
Series A Preferred OP Units	188			188			188			—
Series A Preferred OP Units - Common share equivalent	25,067			25,067			25,067			—
Series C Preferred OP Units	140,343			141,593			140,343			141,593
Series C Preferred OP Units - Common share equivalent	487,299			402,252			479,167			402,653
Restricted shares	43,318			50,156			—			—