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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Reconciliation of Certain Segment Information from Segments to Consolidated | The following tables set forth certain segment information for the Company (in thousands):
|  | As of or for the Three Months Ended March 31, 2017
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 44,446 |  |  | $ | 17,553 |  |  | $ | — |  |  | $ | — |  |  | $ | 61,999 |
Depreciation and amortization |  | (16,439 | ) |  | (8,097 | ) |  | — |  |  | — |  |  | (24,536 | )
Property operating expenses, other operating and real estate taxes |  | (12,853 | ) |  | (6,244 | ) |  | — |  |  | — |  |  | (19,097 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (8,469 | ) |  | (8,469 | )
Operating income |  | 15,154 |  |  | 3,212 |  |  | — |  |  | (8,469 | ) |  | 9,897 |
Interest income |  | — |  |  | — |  |  | 8,984 |  |  | — |  |  | 8,984 |
Equity in earnings of unconsolidated affiliates |  | 560 |  |  | 12,143 |  |  | — |  |  | — |  |  | 12,703 |
Interest expense |  | (7,155 | ) |  | (4,333 | ) |  | — |  |  | — |  |  | (11,488 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | (125 | ) |  | (125 | )
Net income |  | 8,559 |  |  | 11,022 |  |  | 8,984 |  |  | (8,594 | ) |  | 19,971 |
Net income attributable to noncontrolling interests |  | (432 | ) |  | (3,908 | ) |  | — |  |  | — |  |  | (4,340 | )
Net income attributable to Acadia |  | 8,127 |  |  | 7,114 |  |  | 8,984 |  |  | (8,594 | ) |  | 15,631 |
Real estate at cost |  | $ | 1,983,365 |  |  | $ | 1,480,201 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,463,566 |
Total assets |  | $ | 2,246,037 |  |  | $ | 1,498,045 |  |  | $ | 276,507 |  |  | $ | — |  |  | $ | 4,020,589 |
Acquisition of real estate |  | $ | — |  |  | $ | 34,688 |  |  | $ | — |  |  | $ | — |  |  | $ | 34,688 |
Development and property improvement costs |  | $ | 996 |  |  | $ | 26,019 |  |  | $ | — |  |  | $ | — |  |  | $ | 27,015 |
|  | As of or for the Three Months Ended March 31, 2016
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 38,107 |  |  | $ | 9,938 |  |  | $ | — |  |  | $ | — |  |  | $ | 48,045 |
Depreciation and amortization |  | (13,495 | ) |  | (3,354 | ) |  | — |  |  | — |  |  | (16,849 | )
Property operating expenses, other operating and real estate taxes |  | (8,562 | ) |  | (3,431 | ) |  | — |  |  | — |  |  | (11,993 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (9,352 | ) |  | (9,352 | )
Operating income |  | 16,050 |  |  | 3,153 |  |  | — |  |  | (9,352 | ) |  | 9,851 |
Gain on disposition of properties |  | — |  |  | 65,393 |  |  | — |  |  | — |  |  | 65,393 |
Interest income |  | — |  |  | — |  |  | 4,638 |  |  | — |  |  | 4,638 |
Equity in earnings of unconsolidated affiliates |  | 592 |  |  | 1,362 |  |  | — |  |  | — |  |  | 1,954 |
Interest expense |  | (6,764 | ) |  | (1,274 | ) |  | — |  |  | — |  |  | (8,038 | )
Income tax benefit |  | — |  |  | — |  |  | — |  |  | 77 |  |  | 77 |
Net income |  | 9,878 |  |  | 68,634 |  |  | 4,638 |  |  | (9,275 | ) |  | 73,875 |
Net income attributable to noncontrolling interests |  | (2,822 | ) |  | (42,128 | ) |  | — |  |  | — |  |  | (44,950 | )
Net income attributable to Acadia |  | 7,056 |  |  | 26,506 |  |  | 4,638 |  |  | (9,275 | ) |  | 28,925 |
Real estate at cost |  | $ | 1,641,312 |  |  | $ | 1,104,902 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,746,214 |
Total assets |  | $ | 1,827,059 |  |  | $ | 1,166,589 |  |  | $ | 154,679 |  |  | $ | — |  |  | $ | 3,148,327 |
Acquisition of real estate |  | $ | — |  |  | $ | 12,287 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,287 |
Development and property improvement costs |  | $ | 3,248 |  |  | $ | 34,215 |  |  | $ | — |  |  | $ | — |  |  | $ | 37,463 |

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