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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 87,254 $ 89,948 $ 178,610 $ 171,787
Expenses        
Depreciation and amortization 34,281 34,056 69,221 67,229
General and administrative 10,179 10,643 19,947 20,589
Real estate taxes 9,981 11,381 22,327 22,860
Property operating 15,781 14,210 34,877 29,343
Total expenses 70,222 70,290 146,372 140,021
Gain (loss) on disposition of properties 757 0 (441) 0
Operating income 17,789 19,658 31,797 31,766
Equity in earnings (losses) of unconsolidated affiliates 4,480 (1,437) 4,168 (1,408)
Interest income 5,413 4,970 10,651 9,788
Realized and unrealized holding (losses) gains on investments and other (2,364) 1,815 (4,415) 28,572
Interest expense (23,581) (22,089) (47,290) (43,676)
Income (loss) from continuing operations before income taxes 1,737 2,917 (5,089) 25,042
Income tax provision (155) (165) (186) (288)
Net income (loss) 1,582 2,752 (5,275) 24,754
Net loss attributable to redeemable noncontrolling interests 2,292 1,091 4,846 3,166
Net loss (income) attributable to noncontrolling interests (2,431) 5,433 5,141 (5,284)
Net income attributable to Acadia shareholders $ 1,443 $ 9,276 $ 4,712 $ 22,636
Basic income per share $ 0.01 $ 0.09 $ 0.04 $ 0.23
Diluted income per share $ 0.01 $ 0.09 $ 0.04 $ 0.23
Weighted average shares for basic income per share 103,592,238 95,259,924 102,859,977 95,224,901
Weighted average shares for diluted income per share 103,592,238 95,259,924 102,859,977 95,224,901
Rental Income        
Revenues $ 85,626 $ 88,141 $ 171,663 $ 168,878
Other        
Revenues $ 1,628 $ 1,807 $ 6,947 $ 2,909