XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 84,259 $ 73,057 $ 165,766 $ 141,244
Operating expenses        
Depreciation and amortization 34,971 30,540 68,684 61,180
General and administrative 10,661 10,653 22,598 19,645
Real estate taxes 11,628 12,214 22,908 23,420
Property operating 13,567 12,636 26,917 25,845
Total operating expenses 70,827 66,043 141,107 130,090
Gain on disposition of properties 12,216 5,909 41,031 10,521
Operating income 25,648 12,923 65,690 21,675
Equity in earnings of unconsolidated affiliates 1,280 899 4,410 2,781
Interest and other income 2,961 2,054 5,896 3,754
Realized and unrealized holding gains (losses) on investments and other (26,283) 1,842 (10,553) 6,967
Interest expense (19,222) (17,074) (37,147) (33,688)
(Loss) Income from continuing operations before income taxes (15,616) 644 28,296 1,489
Income tax provision (209) (192) (24) (340)
Net (loss) Income (15,825) 452 28,272 1,149
Net loss (income) attributable to noncontrolling interests 15,451 3,259 (11,808) 7,379
Net income (loss) attributable to Acadia $ (374) $ 3,711 $ 16,464 $ 8,528
Basic and diluted earnings per share $ 0.00 $ 0.04 $ 0.17 $ 0.09
Rental Income        
Revenues $ 80,559 $ 72,069 $ 160,026 $ 138,067
Other        
Revenues $ 3,700 $ 988 $ 5,740 $ 3,177