XML 134 R123.htm IDEA: XBRL DOCUMENT v3.25.0.1
Earnings (Loss) Per Common Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Numerator:      
Net income (loss) attributable to Acadia shareholders $ 21,650 $ 19,873 $ (35,445)
Less: net income attributable to participating securities (1,189) (978) (805)
Income (loss) from continuing operations net of income attributable to participating securities for basic earnings per share 20,461 18,895 (36,250)
Impact of City Point Loan share conversion option [1] 0 0 (1,804)
Income from continuing operations net of income attributable to participating securities for diluted earnings per share $ 20,461 $ 18,895 $ (38,054)
Denominator:      
Weighted average shares for basic earnings (loss) per share 108,226,767 95,283,752 94,575,251
Denominator for diluted earnings per share 108,257,862 95,283,752 94,643,466
Effect of dilutive securities:      
Series A Preferred OP Units 0 0 0
Employee unvested restricted shares 0 0 0
Assumed settlement of forward sales agreements (Note 10) 31,095 0 0
City Point Loan common stock conversion option [1] 0 0 68,215
Basic earnings (loss) per Common Share from continuing operations attributable to Acadia shareholders $ 0.19 $ 0.2 $ (0.38)
Diluted earnings (loss) per Common Share from continuing operations attributable to Acadia shareholders $ 0.19 $ 0.2 $ (0.4)
Series A Preferred OP Units      
Anti-Dilutive Shares Excluded from Denominator:      
Antidilutive securities excluded from computation of earnings per share (in shares) 188 188 188
Series A Preferred OP Units - Common Share Equivalent      
Anti-Dilutive Shares Excluded from Denominator:      
Antidilutive securities excluded from computation of earnings per share (in shares) 25,067 25,067 25,067
Series C Preferred OP Units      
Anti-Dilutive Shares Excluded from Denominator:      
Antidilutive securities excluded from computation of earnings per share (in shares) 66,519 126,384 126,384
Series C Preferred OP Units - Common Share Equivalent      
Anti-Dilutive Shares Excluded from Denominator:      
Antidilutive securities excluded from computation of earnings per share (in shares) 230,967 438,831 438,831
Restricted shares      
Anti-Dilutive Shares Excluded from Denominator:      
Antidilutive securities excluded from computation of earnings per share (in shares) 81,175 90,006 68,832
[1] The impact of the assumed conversion of dilutive convertible securities is related to the assumed conversion of potential Common Shares of the Company that could be subsequently issued in connection with the City Point Loan (Note 10) for the stub-period until the put rights were modified for a cash-only settlement option in the third quarter of 2022