Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2018

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)	2018			2017			2018			2017
Numerator:
Net income attributable to Acadia	$	7,665		$	12,060		$	15,084		$	27,691
Less: net income attributable to participating securities	(47		)	(126		)	(91		)	(372		)
Income from continuing operations net of income attributable to participating securities	$	7,618		$	11,934		$	14,993		$	27,319
Denominator:
Weighted average shares for basic earnings per share	81,755,702			83,661,953			82,590,256			83,648,415
Effect of dilutive securities:
Employee unvested restricted shares	—			—			1,968			5,365
Denominator for diluted earnings per share	81,755,702			83,661,953			82,592,224			83,653,780
Basic and diluted earnings per Common Share from continuing operations attributable to Acadia	$	0.09		$	0.14		$	0.18		$	0.33
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	136,593			140,343			136,593			140,343
Series C Preferred OP Units - Common share equivalent	474,278			487,299			474,278			479,167
Restricted shares	38,831			43,318			—			—