The following tables set forth certain segment information for the Company (in thousands):



	As of or for the Three Months Ended September 30, 2017
	Core Portfolio			Funds			Structured Financing		Unallocated			Total
Revenues	$	41,196		$	21,482		$	—	$	—		$	62,678
Depreciation and amortization	(14,746		)	(11,906		)	—		—			(26,652		)
Property operating expenses, other operating and real estate taxes	(10,327		)	(8,162		)	—		—			(18,489		)
Impairment of an asset	—			(3,840		)	—		—			(3,840		)
General and administrative expenses	—			—			—		(7,953		)	(7,953		)
Operating income (loss)	16,123			(2,426		)	—		(7,953		)	5,744
Gain on disposition of properties	—			12,972			—		—			12,972
Interest income	—			—			6,461		—			6,461
Equity in earnings (losses) of unconsolidated affiliates	805			3,196			—		—			4,001
Interest expense	(6,695		)	(8,733		)	—		—			(15,428		)
Income tax provision	—			—			—		(465		)	(465		)
Net income (loss)	10,233			5,009			6,461		(8,418		)	13,285
Net (income) loss attributable to noncontrolling interests	(353		)	(65		)	—		—			(418		)
Net income attributable to Acadia	$	9,880		$	4,944		$	6,461	$	(8,418	)	$	12,867

Real estate at cost	$	1,987,501		$	1,492,894		$	—	$	—		$	3,480,395
Total assets	$	2,237,334		$	1,605,429		$	250,194	$	—		$	4,092,957
Acquisition of real estate	$	—		$	70,020		$	—	$	—		$	70,020
Development and property improvement costs	$	3,359		$	54,180		$	—	$	—		$	57,539



	As of or for the Three Months Ended September 30, 2016
	Core Portfolio			Funds			Structured Financing		Unallocated			Total
Revenues	$	36,376		$	7,479		$	—	$	—		$	43,855
Depreciation and amortization	(12,428		)	(2,789		)	—		—			(15,217		)
Property operating expenses, other operating and real estate taxes	(11,612		)	(2,903		)	—		—			(14,515		)
General and administrative expenses	—			—			—		(12,869		)	(12,869		)
Operating income	12,336			1,787			—		(12,869		)	1,254
Interest income	—			—			7,245		—			7,245
Equity in earnings (losses) of unconsolidated affiliates	1,495			(1,597		)	—		—			(102		)
Interest expense	(6,431		)	(1,551		)	—		—			(7,982		)
Income tax provision	—			—			—		(89		)	(89		)
Net income	7,400			(1,361		)	7,245		(12,958		)	326
Net income attributable to noncontrolling interests	60			5,726			—		—			5,786
Net income attributable to Acadia	$	7,460		$	4,365		$	7,245	$	(12,958	)	$	6,112

Real estate at cost	$	1,832,863		$	1,186,926		$	—	$	—		$	3,019,789
Total assets	$	2,097,386		$	1,214,317		$	266,816	$	—		$	3,578,519
Acquisition of real estate	$	237,729		$	36,600		$	—	$	—		$	274,329
Development and property improvement costs	$	7,296		$	31,235		$	—	$	—		$	38,531



	As of or for the Nine Months Ended September 30, 2017
	Core Portfolio			Funds			Structured Financing		Unallocated			Total
Revenues	$	127,130		$	57,051		$	—	$	—		$	184,181
Depreciation and amortization	(46,719		)	(30,526		)	—		—			(77,245		)
Property operating expenses, other operating and real estate taxes	(33,339		)	(22,088		)	—		—			(55,427		)
Impairment of an asset	—			(3,840		)	—		—			(3,840		)
General and administrative expenses	—			—			—		(25,286		)	(25,286		)
Operating income	47,072			597			—		(25,286		)	22,383
Gain on disposition of properties	—			12,972			—		—			12,972
Interest income	—			—			23,648		—			23,648
Equity in earnings of unconsolidated affiliates	2,348			18,696			—		—			21,044
Interest expense	(20,783		)	(18,883		)	—		—			(39,666		)
Income tax provision	—			—			—		(1,017		)	(1,017		)
Net income	28,637			13,382			23,648		(26,303		)	39,364
Net (income) loss attributable to noncontrolling interests	(1,157		)	2,351			—		—			1,194
Net income attributable to Acadia	$	27,480		$	15,733		$	23,648	$	(26,303	)	$	40,558

Real estate at cost	$	1,987,501		$	1,492,894		$	—	$	—		$	3,480,395
Total assets	$	2,237,334		$	1,605,429		$	250,194	$	—		$	4,092,957
Acquisition of real estate	$	—		$	138,429		$	—	$	—		$	138,429
Development and property improvement costs	$	4,355		$	80,199		$	—	$	—		$	84,554



	As of or for the Nine Months Ended September 30, 2016
	Core Portfolio			Funds			Structured Financing		Unallocated			Total
Revenues	$	109,176		$	26,642		$	—	$	—		$	135,818
Depreciation and amortization	(37,629		)	(9,115		)	—		—			(46,744		)
Property operating expenses, other operating and real estate taxes	(28,460		)	(9,331		)	—		—			(37,791		)
General and administrative expenses	—			—			—		(30,742		)	(30,742		)
Operating income	43,087			8,196			—		(30,742		)	20,541
Gain on disposition of properties	—			81,965			—		—			81,965
Interest income	—			—			19,298		—			19,298
Equity in earnings of unconsolidated affiliates	2,668			924			—		—			3,592
Interest expense	(20,308		)	(4,609		)	—		—			(24,917		)
Income tax provision	—			—			—		(123		)	(123		)
Net income	25,447			86,476			19,298		(30,865		)	100,356
Net income attributable to noncontrolling interests	(2,771		)	(44,630		)	—		—			(47,401		)
Net income attributable to Acadia	$	22,676		$	41,846		$	19,298	$	(30,865	)	$	52,955

Real estate at cost	$	1,832,863		$	1,186,926		$	—	$	—		$	3,019,789
Total assets	$	2,097,386		$	1,214,317		$	266,816	$	—		$	3,578,519
Acquisition of real estate	$	244,022		$	48,887		$	—	$	—		$	292,909
Development and property improvement costs	$	17,518		$	76,903		$	—	$	—		$	94,421