Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended September 30,						Nine Months Ended September 30,
(dollars in thousands)	2017			2016			2017			2016
Numerator:
Net income attributable to Acadia	$	12,867		$	6,112		$	40,558		$	52,955
Less: net income attributable to participating securities	(135		)	(58		)	(488		)	(617		)
Income from continuing operations net of income attributable to participating securities	$	12,732		$	6,054		$	40,070		$	52,338
Denominator:
Weighted average shares for basic earnings per share	83,699,850			78,448,643			83,665,749			74,049,523
Effect of dilutive securities:
Employee unvested restricted shares	—			3,034			3,577			7,861
Future equity issuance	—			169,020			—			75,582
Denominator for diluted earnings per share	83,699,850			78,620,697			83,669,326			74,132,966
Basic and diluted earnings per Common Share from continuing operations attributable to Acadia	$	0.15		$	0.08		$	0.48		$	0.71
Anti-Dilutive Shares Excluded from Denominator:
Series A Preferred OP Units	188			188			188			188
Series A Preferred OP Units - Common share equivalent	25,067			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			481,878			402,519