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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 359,689 $ 338,692 $ 326,290
Expenses      
Depreciation and amortization 138,910 135,984 135,917
General and administrative 40,559 41,470 44,066
Real estate taxes 46,049 46,650 44,932
Property operating 66,000 61,826 56,995
Impairment charges 1,678 3,686 33,311
Total expenses 293,196 289,616 315,221
(Loss) gain on disposition of properties (834) 0 57,161
Operating Income 65,659 49,076 68,230
Equity in earnings (losses) of unconsolidated affiliates 15,178 (7,677) (32,907)
Interest income (a) [1] 25,085 19,993 14,641
Realized and unrealized holding (losses) gains on investments and other (5,014) 30,413 (34,994)
Interest expense (92,557) (93,253) (80,209)
Income (loss) from continuing operations before income taxes 8,351 (1,448) (65,239)
Income tax provision (212) (301) (12)
Net income (loss) 8,139 (1,749) (65,251)
Net loss attributable to redeemable noncontrolling interests 7,915 8,239 5,536
Net loss attributable to noncontrolling interests 5,596 13,383 24,270
Net income (loss) attributable to Acadia shareholders $ 21,650 $ 19,873 $ (35,445)
Basic earnings (loss) per share $ 0.19 $ 0.2 $ (0.38)
Diluted earnings (loss) per share $ 0.19 $ 0.2 $ (0.4)
Weighted average shares for basic earnings (loss) per share 108,226,767 95,283,752 94,575,251
Weighted average shares for diluted earnings (loss) per share 108,257,862 95,283,752 94,643,466
Rental Income      
Revenues $ 349,530 $ 333,044 $ 317,814
Other      
Revenues $ 10,159 $ 5,648 $ 8,476
[1] Includes interest income on Notes receivable, net, advances to unconsolidated affiliates, and loans to redeemable noncontrolling interests from related parties of $13.9 million, $7.7 million and $4.4 million for the year ended December 31, 2024, 2023, and 2022, respectively (Note 3, Note 10).