Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Summary of Segment Information

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

	As of or for the Year Ended December 31, 2021
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	181,332		$	111,165		$	—		$	—		$	292,497
Depreciation and amortization		(69,103	)		(54,336	)		—			—			(123,439	)
Property operating expenses, other operating and real estate taxes		(56,957	)		(41,916	)		—			—			(98,873	)
General and administrative expenses		—			—			—			(40,125	)		(40,125	)
Impairment charges		—			(9,925	)		—			—			(9,925	)
Gain on disposition of properties		4,612			5,909			—			—			10,521
Operating income		59,884			10,897			—			(40,125	)		30,656
Interest income		—			—			9,065			—			9,065
Equity in earnings of unconsolidated affiliates   inclusive of gains on disposition of properties		353			4,977			—			—			5,330
Interest expense		(29,454	)		(38,594	)		—			—			(68,048	)
Realized and unrealized holding gains on investments and other		—			53,654			(4,534	)		—			49,120
Income tax provision		—			—			—			(93	)		(93	)
Net income		30,783			30,934			4,531			(40,218	)		26,030
Net income attributable to noncontrolling interests		(2,276	)		(206	)		—			—			(2,482	)
Net income attributable to Acadia	$	28,507		$	30,728		$	4,531		$	(40,218	)	$	23,548
Real estate at cost (a)	$	2,356,645		$	1,714,962		$	—		$	—		$	4,071,607
Total Assets (a)	$	2,212,877		$	1,894,983		$	153,886		$	—		$	4,261,746
Cash paid for acquisition of real estate	$	26,176		$	135,670		$	—		$	—		$	161,846
Cash paid for development and property improvement costs	$	13,625		$	27,046		$	—		$	—		$	40,671

	As of or for the Year Ended December 31, 2020 As Restated
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	160,262		$	90,646		$	—		$	—		$	250,908
Depreciation and amortization		(76,125	)		(71,104	)		—			—			(147,229	)
Property operating expenses, other operating and real estate taxes		(57,246	)		(40,782	)		—			—			(98,028	)
General and administrative expenses		—			—			—			(35,798	)		(35,798	)
Impairment charges		(419	)		(85,179	)		—			—			(85,598	)
Gain on disposition of properties		174			509			—			—			683
Operating income (loss)		26,646			(105,910	)		—			(35,798	)		(115,062	)
Interest income		—			—			8,979			—			8,979
Equity in losses of unconsolidated affiliates   inclusive of gains on disposition of properties		(874	)		(2,183	)		—			—			(3,057	)
Interest expense		(33,185	)		(36,486	)		—			—			(69,671	)
Realized and unrealized holding gains on investments and other		18,564			95,366			(568	)		—			113,362
Income tax provision		—			—			—			(269	)		(269	)
Net income (loss)		11,151			(49,213	)		8,411			(36,067	)		(65,718	)
Net (income) loss attributable to noncontrolling interests		(5,837	)		62,579			—			—			56,742
Net income (loss) attributable to Acadia	$	5,314		$	13,366		$	8,411		$	(36,067	)	$	(8,976	)
Real estate at cost (a)	$	2,330,116		$	1,681,210		$	—		$	—		$	4,011,326
Total Assets (a)	$	2,254,680		$	1,775,507		$	100,882		$	—		$	4,131,069
Cash paid for acquisition of real estate	$	19,963		$	1,245		$	—		$	—		$	21,208
Cash paid for development and property improvement costs	$	11,170		$	25,409		$	—		$	—		$	36,579

	As of or for the Year Ended December 31, 2019 As Restated
	Core Portfolio			Funds			Structured Financing		Unallocated			Total
Revenues	$	173,177		$	116,408		$	—	$	—		$	289,585
Depreciation and amortization		(61,819	)		(60,761	)		—		—			(122,580	)
Property operating expenses, other operating and real estate taxes		(47,032	)		(41,199	)		—		—			(88,231	)
General and administrative expenses		—			—			—		(34,299	)		(34,299	)
Impairment charges		—			(1,721	)		—		—			(1,721	)
Gain on disposition of properties		16,771			13,553			—		—			30,324
Operating income		81,097			26,280			—		(34,299	)		73,078
Interest income		—			—			7,988		—			7,988
Equity in earnings (loss) of unconsolidated affiliates   inclusive of gains on disposition of properties		9,020			(3,121	)		—		—			5,899
Interest expense		(28,304	)		(40,909	)		—		—			(69,213	)
Realized and unrealized holding gains on investments and other		327			6,620			—		—			6,947
Income tax provision		—			—			—		(1,465	)		(1,465	)
Net income (loss)		62,140			(11,130	)		7,988		(35,764	)		23,234
Net loss attributable to noncontrolling interests		337			30,146			—		—			30,483
Net income attributable to Acadia	$	62,477		$	19,016		$	7,988	$	(35,764	)	$	53,717
Real estate at cost	$	2,252,230		$	1,708,181		$	—	$	—		$	3,960,411
Total Assets	$	2,350,833		$	1,785,919		$	114,943	$	—		$	4,251,695
Cash paid for acquisition of real estate and leasehold interest	$	173,892		$	184,812		$	—	$	—		$	358,704
Cash paid for development and property improvement costs	$	22,724		$	66,661		$	—	$	—		$	89,385