Summary of Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The quarterly results of operations of the Company for the years ended December 31, 2019 and 2018 are as follows (in thousands, except per share amounts):

	Three Months Ended (a, b, c, d, e)
	March 31, 2019		June 30, 2019			September 30, 2019		December 31, 2019
Revenues	$	73,985	$	70,229		$	73,327	$	77,786
Net income (loss)		2,936		(5,237	)		8,840		14,665
Net loss attributable to    noncontrolling interests		9,261		14,317			1,618		6,645
Net income attributable to Acadia		12,197		9,080			10,458		21,310
Earnings per share attributable to Acadia:
Basic	$	0.15	$	0.11		$	0.12	$	0.24
Diluted		0.15		0.11			0.12		0.24
Weighted average number of shares:
Basic		82,037		83,704			84,888		87,058
Diluted		82,037		83,704			84,888		87,058
Cash dividends declared per Common Share	$	0.28	$	0.28		$	0.28	$	0.29

(a) The quarter ended June 30, 2019 includes an impairment charge of $1.4 million and the quarter ended September 30, 2019 includes an impairment charge of $0.3 million, of which the Company’s aggregate share was $0.4 million (Note 8)

(b) The quarter ended September 30, 2019 includes an aggregate gain on disposition of two consolidated properties and one condominium unit at Fund IV and one consolidated property at Fund III of $12.1 million, of which the Company’s share was $2.8 million (Note 2).

(c) The quarter ended December 31, 2019 includes a net gain on disposition of a consolidated Core property of $16.3 million, of which the Company’s share was $16.7 million (Note 2).

(d) The quarter ended September 30, 2019 includes a deferred gain on tax credits at Fund II of which the Company’s share was $1.4 million (Note 7).

(e) Revenues for the quarters ended March 31, 2019 and June 30, 2019 have each been revised to reflect the reclassifications of credit losses of $0.8 million (Note 1).

	Three Months Ended (a, b)
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018
Revenues	$	62,226		$	62,201		$	65,527		$	69,727
Net income		(4,160	)		(2,270	)		(2,597	)		(6,671	)
Net (income) loss attributable to    noncontrolling interests		11,579			9,935			11,822			13,801
Net income attributable to Acadia		7,419			7,665			9,225			7,130
Earnings per share attributable to Acadia:
Basic
Diluted	$	0.09		$	0.09		$	0.11		$	0.09
		0.09			0.09			0.11			0.09
Weighted average number of shares:
Basic		83,434			81,756			81,566			81,591
Diluted		83,438			81,756			81,566			81,591
Cash dividends declared per Common Share	$	0.27		$	0.27		$	0.27		$	0.28

(a) Credit losses aggregating $2.5 million have been reclassified from property operating expense to revenues in each of the quarters in the year ended December 31, 2018 to conform to the current period presentation (Note 1).

(b) The three months ended September 30, 2018 includes an aggregate $5.1 million gain on the sales of two consolidated Fund IV properties (Note 2), of which $3.9 million was attributable to noncontrolling interests