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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
 
Year Ended December 31,
(dollars in thousands)
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
 
Net income attributable to Acadia
 
$
61,470

 
$
72,776

 
$
65,708

Less: net income attributable to participating securities
 
(642
)
 
(793
)
 
(927
)
Income from continuing operations net of income
attributable to participating securities
 
$
60,828

 
$
71,983

 
$
64,781


 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average shares for basic earnings per share
 
83,682,789

 
76,231,000

 
68,851,083

Effect of dilutive securities:
 
 
 
 
 
 
Employee unvested restricted shares
 
2,682

 
12,550

 
18,556

Denominator for diluted earnings per share
 
83,685,471

 
76,243,550

 
68,869,639

 
 
 
 
 
 
 
Basic and diluted earnings per Common Share from
continuing operations attributable to Acadia
 
$
0.73

 
$
0.94

 
$
0.94

 
 
 
 
 
 
 
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
 
136,593

 
141,593

 

Series C Preferred OP Units - Common share equivalent
 
479,978

 
410,207