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Segment Reporting (Details) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2017 USD ($) | Jun. 30, 2016 USD ($) | Jun. 30, 2017 USD ($) segment | Jun. 30, 2016 USD ($)
Segment Reporting Information [Line Items] |  |  |  |
Number of reportable segments | segment |  |  | 3 |
Revenues | $ 59,504 | $ 43,918 | $ 121,503 | $ 91,963
Depreciation and amortization | (26,057) | (14,678) | (50,593) | (31,527)
Property operating expenses, other operating and real estate taxes | (17,841) | (11,283) | (36,938) | (23,276)
General and administrative expenses | (8,864) | (8,521) | (17,333) | (17,873)
Operating income | 6,742 | 9,436 | 16,639 | 19,287
Gain on disposition of properties | 0 | 16,572 | 0 | 81,965
Interest income | 8,203 | 7,415 | 17,187 | 12,053
Equity in earnings of unconsolidated affiliates | 4,340 | 1,740 | 17,043 | 3,694
Interest expense | (12,750) | (8,897) | (24,238) | (16,935)
Income tax provision | (427) | (111) | (552) | (34)
Net income | 6,108 | 26,155 | 26,079 | 100,030
Net loss (income) attributable to noncontrolling interests | 5,952 | (8,237) | 1,612 | (53,187)
Net income attributable to Acadia | 12,060 | 17,918 | 27,691 | 46,843
Real estate at cost | 3,486,007 | 2,647,745 | 3,486,007 | 2,647,745
Total assets | 4,048,845 | 3,235,040 | 4,048,845 | 3,235,040
Acquisition of real estate | 43,097 | 6,250 | 77,785 | 18,537
Development and property improvement costs | 19,288 | 18,427 | 46,303 | 55,890
Core Portfolio |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 41,488 | 34,693 | 85,933 | 72,800
Depreciation and amortization | (15,534) | (11,706) | (31,973) | (25,201)
Property operating expenses, other operating and real estate taxes | (10,160) | (8,286) | (23,012) | (16,848)
General and administrative expenses | 0 | 0 | 0 | 0
Operating income | 15,794 | 14,701 | 30,948 | 30,751
Gain on disposition of properties |  | 0 |  | 0
Interest income | 0 | 0 | 0 | 0
Equity in earnings of unconsolidated affiliates | 982 | 581 | 1,542 | 1,173
Interest expense | (6,933) | (7,113) | (14,088) | (13,877)
Income tax provision | 0 | 0 | 0 | 0
Net income | 9,843 | 8,169 | 18,402 | 18,047
Net loss (income) attributable to noncontrolling interests | (372) | (9) | (804) | (2,831)
Net income attributable to Acadia | 9,471 | 8,160 | 17,598 | 15,216
Real estate at cost | 1,984,601 | 1,528,848 | 1,984,601 | 1,528,848
Total assets | 2,252,390 | 1,809,395 | 2,252,390 | 1,809,395
Acquisition of real estate | 0 | 6,250 | 0 | 6,250
Development and property improvement costs | 2,758 | 6,975 | 3,753 | 10,222
Funds |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 18,016 | 9,225 | 35,570 | 19,163
Depreciation and amortization | (10,523) | (2,972) | (18,620) | (6,326)
Property operating expenses, other operating and real estate taxes | (7,681) | (2,997) | (13,926) | (6,428)
General and administrative expenses | 0 | 0 | 0 | 0
Operating income | (188) | 3,256 | 3,024 | 6,409
Gain on disposition of properties |  | 16,572 |  | 81,965
Interest income | 0 | 0 | 0 | 0
Equity in earnings of unconsolidated affiliates | 3,358 | 1,159 | 15,501 | 2,521
Interest expense | (5,817) | (1,784) | (10,150) | (3,058)
Income tax provision | 0 | 0 | 0 | 0
Net income | (2,647) | 19,203 | 8,375 | 87,837
Net loss (income) attributable to noncontrolling interests | 6,324 | (8,228) | 2,416 | (50,356)
Net income attributable to Acadia | 3,677 | 10,975 | 10,791 | 37,481
Real estate at cost | 1,501,406 | 1,118,897 | 1,501,406 | 1,118,897
Total assets | 1,546,607 | 1,152,103 | 1,546,607 | 1,152,103
Acquisition of real estate | 43,097 | 0 | 77,785 | 12,287
Development and property improvement costs | 16,530 | 11,452 | 42,550 | 45,668
Structured Financing |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues |  | 0 | 0 | 0
Depreciation and amortization | 0 | 0 | 0 | 0
Property operating expenses, other operating and real estate taxes | 0 | 0 | 0 | 0
General and administrative expenses | 0 | 0 | 0 | 0
Operating income | 0 | 0 | 0 | 0
Gain on disposition of properties |  | 0 |  | 0
Interest income | 8,203 | 7,415 | 17,187 | 12,053
Equity in earnings of unconsolidated affiliates | 0 | 0 | 0 | 0
Interest expense | 0 | 0 | 0 | 0
Income tax provision | 0 | 0 | 0 | 0
Net income | 8,203 | 7,415 | 17,187 | 12,053
Net loss (income) attributable to noncontrolling interests | 0 | 0 | 0 | 0
Net income attributable to Acadia | 8,203 | 7,415 | 17,187 | 12,053
Real estate at cost | 0 | 0 | 0 | 0
Total assets | 249,848 | 273,542 | 249,848 | 273,542
Acquisition of real estate | 0 | 0 | 0 | 0
Development and property improvement costs | 0 | 0 | 0 | 0
Unallocated |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 0 | 0 | 0 | 0
Depreciation and amortization | 0 | 0 | 0 | 0
Property operating expenses, other operating and real estate taxes | 0 | 0 | 0 | 0
General and administrative expenses | (8,864) | (8,521) | (17,333) | (17,873)
Operating income | (8,864) | (8,521) | (17,333) | (17,873)
Gain on disposition of properties |  | 0 |  | 0
Interest income | 0 | 0 | 0 | 0
Equity in earnings of unconsolidated affiliates | 0 | 0 | 0 | 0
Interest expense | 0 | 0 | 0 | 0
Income tax provision | (427) | (111) | (552) | (34)
Net income | (9,291) | (8,632) | (17,885) | (17,907)
Net loss (income) attributable to noncontrolling interests | 0 | 0 | 0 | 0
Net income attributable to Acadia | (9,291) | (8,632) | (17,885) | (17,907)
Real estate at cost | 0 | 0 | 0 | 0
Total assets | 0 | 0 | 0 | 0
Acquisition of real estate | 0 | 0 | 0 | 0
Development and property improvement costs | $ 0 | $ 0 | $ 0 | $ 0

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