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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Rental income $ 291,190 $ 254,508 $ 242,138
Revenues 295,327 259,681 248,552
Operating expenses      
Depreciation and amortization 125,443 117,549 104,934
General and administrative 35,416 34,343 33,756
Real estate taxes 39,315 36,712 35,946
Property operating 51,153 42,679 39,958
Impairment charges 1,721   14,455
Other operating   857 2,184
Total operating expenses 253,048 232,140 231,233
Gain on disposition of properties 30,324 5,140 48,886
Operating income 72,603 32,681 66,205
Equity in earnings of unconsolidated affiliates inclusive of gain on disposition of properties of $0, $0 and $15,336, respectively 8,922 9,302 23,371
Interest income 7,988 13,231 29,143
Other income 6,947   5,571
Interest expense (73,788) (69,978) (58,978)
Income (loss) from continuing operations before income taxes 22,672 (14,764) 65,312
Income tax provision (1,468) (934) (1,004)
Net income (loss) 21,204 (15,698) 64,308
Net loss (income) attributable to noncontrolling interests 31,841 47,137 (2,838)
Net income attributable to Acadia $ 53,045 $ 31,439 $ 61,470
Basic and diluted earnings per share (in dollars per share) $ 0.62 $ 0.38 $ 0.73
Other      
Revenues $ 4,137 $ 5,173 $ 6,414