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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Rental income $ 48,468 $ 35,186 $ 97,053 $ 73,776
Expense reimbursements 10,074 7,769 22,390 15,728
Other 962 963 2,060 2,459
Total revenues 59,504 43,918 121,503 91,963
Operating expenses        
Depreciation and amortization 26,057 14,678 50,593 31,527
General and administrative 8,864 8,521 17,333 17,873
Real estate taxes 8,034 5,640 18,640 11,805
Property operating 9,364 5,105 17,561 10,642
Other operating 443 538 737 829
Total operating expenses 52,762 34,482 104,864 72,676
Operating income 6,742 9,436 16,639 19,287
Equity in earnings and gains of unconsolidated affiliates inclusive of gains on disposition of properties of $3,285, $0, $14,771 and $0, respectively 4,340 1,740 17,043 3,694
Interest income 8,203 7,415 17,187 12,053
Interest expense (12,750) (8,897) (24,238) (16,935)
Income from continuing operations before income taxes 6,535 9,694 26,631 18,099
Income tax provision (427) (111) (552) (34)
Income from continuing operations before gain on disposition of properties 6,108 9,583 26,079 18,065
Gain on disposition of properties, net of tax 0 16,572 0 81,965
Net income 6,108 26,155 26,079 100,030
Net loss (income) attributable to noncontrolling interests 5,952 (8,237) 1,612 (53,187)
Net income attributable to Acadia $ 12,060 $ 17,918 $ 27,691 $ 46,843
Earnings Per Share, Basic and Diluted [Abstract]        
Basic and diluted earnings per share (in dollars per share) $ 0.14 $ 0.24 $ 0.33 $ 0.64