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Segment Reporting (Tables) | 12 Months Ended
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Dec. 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 Year Ended December 31, 2017
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 169,975 |  |  | $ | 80,287 |  |  | $ | — |  |  | $ | — |  |  | $ | 250,262 |
Depreciation and amortization |  | (61,705 | ) |  | (43,229 | ) |  | — |  |  | — |  |  | (104,934 | )
Property operating expenses, other operating and real estate taxes |  | (45,349 | ) |  | (34,449 | ) |  | — |  |  | — |  |  | (79,798 | )
Impairment charges |  | — |  |  | (14,455 | ) |  | — |  |  | — |  |  | (14,455 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (33,756 | ) |  | (33,756 | )
Operating income |  | 62,921 |  |  | (11,846 | ) |  | — |  |  | (33,756 | ) |  | 17,319 |
Gain on disposition of properties |  | — |  |  | 48,886 |  |  | — |  |  | — |  |  | 48,886 |
Interest income |  | — |  |  | — |  |  | 29,143 |  |  | — |  |  | 29,143 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 3,735 |  |  | 19,636 |  |  | — |  |  | — |  |  | 23,371 |
Interest expense |  | (28,618 | ) |  | (30,360 | ) |  | — |  |  | — |  |  | (58,978 | )
Gain on change in control |  | 5,571 |  |  | — |  |  | — |  |  | — |  |  | 5,571 |
Income tax provision |  | — |  |  | — |  |  | — |  |  | (1,004 | ) |  | (1,004 | )
Net income |  | 43,609 |  |  | 26,316 |  |  | 29,143 |  |  | (34,760 | ) |  | 64,308 |
Net income attributable to noncontrolling interests |  | (1,107 | ) |  | (1,731 | ) |  | — |  |  | — |  |  | (2,838 | )
Net income attributable to Acadia |  | $ | 42,502 |  |  | $ | 24,585 |  |  | $ | 29,143 |  |  | $ | (34,760 | ) |  | $ | 61,470 |
Real estate at cost |  | $ | 2,032,485 |  |  | $ | 1,433,997 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,466,482 |
Total assets |  | $ | 2,305,663 |  |  | $ | 1,500,755 |  |  | $ | 153,829 |  |  | $ | — |  |  | $ | 3,960,247 |
Cash paid for acquisition of real estate |  | $ | — |  |  | $ | 200,429 |  |  | $ | — |  |  | $ | — |  |  | $ | 200,429 |
Cash paid for development and property improvement costs |  | $ | 49,339 |  |  | $ | 66,116 |  |  | $ | — |  |  | $ | — |  |  | $ | 115,455 |
|  | As of or for the Year Ended December 31, 2016
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 150,211 |  |  | $ | 39,728 |  |  | $ | — |  |  | $ | — |  |  | $ | 189,939 |
Depreciation and amortization |  | (54,582 | ) |  | (15,429 | ) |  | — |  |  | — |  |  | (70,011 | )
Property operating expenses, other operating and real estate taxes |  | (39,598 | ) |  | (17,793 | ) |  | — |  |  | — |  |  | (57,391 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (40,648 | ) |  | (40,648 | )
Operating income |  | 56,031 |  |  | 6,506 |  |  | — |  |  | (40,648 | ) |  | 21,889 |
Gain on disposition of properties |  | — |  |  | 81,965 |  |  | — |  |  | — |  |  | 81,965 |
Interest income |  | — |  |  | — |  |  | 25,829 |  |  | — |  |  | 25,829 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 3,774 |  |  | 35,675 |  |  | — |  |  | — |  |  | 39,449 |
Interest expense |  | (27,435 | ) |  | (7,210 | ) |  | — |  |  | — |  |  | (34,645 | )
Income tax benefit |  | — |  |  | — |  |  | — |  |  | 105 |  |  | 105 |
Net income |  | 32,370 |  |  | 116,936 |  |  | 25,829 |  |  | (40,543 | ) |  | 134,592 |
Net income attributable to noncontrolling interests |  | (3,411 | ) |  | (58,405 | ) |  | — |  |  | — |  |  | (61,816 | )
Net income attributable to Acadia |  | $ | 28,959 |  |  | $ | 58,531 |  |  | $ | 25,829 |  |  | $ | (40,543 | ) |  | $ | 72,776 |
Real estate at cost |  | $ | 1,982,763 |  |  | $ | 1,399,237 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,382,000 |
Total assets |  | $ | 2,271,620 |  |  | $ | 1,448,177 |  |  | $ | 276,163 |  |  | $ | — |  |  | $ | 3,995,960 |
Cash paid for acquisition of real estate |  | $ | 323,880 |  |  | $ | 171,764 |  |  | $ | — |  |  | $ | — |  |  | $ | 495,644 |
Cash paid for development and property improvement costs |  | $ | 13,434 |  |  | $ | 136,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 149,434 |
|  | As of or for the Year Ended December 31, 2015
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 150,015 |  |  | $ | 49,048 |  |  | $ | — |  |  | $ | — |  |  | $ | 199,063 |
Depreciation and amortization |  | (46,223 | ) |  | (14,528 | ) |  | — |  |  | — |  |  | (60,751 | )
Property operating expenses, other operating and real estate taxes |  | (37,259 | ) |  | (21,223 | ) |  | — |  |  | — |  |  | (58,482 | )
Impairment charges |  | (5,000 | ) |  | — |  |  | — |  |  | — |  |  | (5,000 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (30,368 | ) |  | (30,368 | )
Operating income |  | 61,533 |  |  | 13,297 |  |  | — |  |  | (30,368 | ) |  | 44,462 |
Gain on disposition of properties |  | — |  |  | 89,063 |  |  | — |  |  | — |  |  | 89,063 |
Interest income |  | — |  |  | — |  |  | 16,603 |  |  | — |  |  | 16,603 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 1,169 |  |  | 36,161 |  |  | — |  |  | — |  |  | 37,330 |
Other |  | — |  |  | — |  |  | 1,596 |  |  | — |  |  | 1,596 |
Interest expense |  | (27,945 | ) |  | (9,352 | ) |  | — |  |  | — |  |  | (37,297 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | (1,787 | ) |  | (1,787 | )
Net income |  | 34,757 |  |  | 129,169 |  |  | 18,199 |  |  | (32,155 | ) |  | 149,970 |
Net income attributable to noncontrolling interests |  | (140 | ) |  | (84,122 | ) |  | — |  |  | — |  |  | (84,262 | )
Net income attributable to Acadia |  | $ | 34,617 |  |  | $ | 45,047 |  |  | $ | 18,199 |  |  | $ | (32,155 | ) |  | $ | 65,708 |
Real estate at cost |  | $ | 1,572,681 |  |  | $ | 1,163,602 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,736,283 |
Total assets |  | $ | 1,662,092 |  |  | $ | 1,223,039 |  |  | $ | 147,188 |  |  | $ | — |  |  | $ | 3,032,319 |
Cash paid for acquisition of real estate |  | $ | 181,884 |  |  | $ | 156,816 |  |  | $ | — |  |  | $ | — |  |  | $ | 338,700 |
Cash paid for development and property improvement costs |  | $ | 16,505 |  |  | $ | 147,810 |  |  | $ | — |  |  | $ | — |  |  | $ | 164,315 |

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