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Summary of Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The quarterly results of operations of the Company for the years ended December 31, 2017 and 2016 are as follows (in thousands, except per share amounts):
|  | Three Months Ended (a,b,c,d)
|  | March 31, 2017 |  | June 30, 2017 |  | September 30, 2017 |  | December 31, 2017
Revenues |  | $ | 61,999 |  |  | $ | 59,504 |  |  | $ | 62,678 |  |  | $ | 66,081 |
Net income |  | 19,971 |  |  | 6,108 |  |  | 13,285 |  |  | 24,944 |
Net (income) loss attributable to noncontrolling interests |  | (4,340 | ) |  | 5,952 |  |  | (418 | ) |  | (4,032 | )
Net income attributable to Acadia |  | 15,631 |  |  | 12,060 |  |  | 12,867 |  |  | 20,912 |
Earnings per share attributable to Acadia: |  |  |  |  |  |  |  |
Basic |  | $ | 0.18 |  |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | 0.25 |
Diluted |  | 0.18 |  |  | 0.14 |  |  | 0.15 |  |  | 0.25 |
Weighted average number of shares: |  |  |  |  |  |  |  |
Basic |  | 83,635 |  |  | 83,662 |  |  | 83,700 |  |  | 83,733 |
Diluted |  | 83,646 |  |  | 83,662 |  |  | 83,700 |  |  | 83,733 |
Cash dividends declared per Common Share |  | $ | 0.26 |  |  | $ | 0.26 |  |  | $ | 0.26 |  |  | $ | 0.27 |
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(a) | The three months ended March 31, 2017 includes the Company’s $2.7 million proportionate share of aggregate gains of $14.5 million on the sales of two unconsolidated properties (Note 4).
(b) | The three months ended June 30, 2017 includes the Company’s $0.8 million proportionate share of a $3.3 million gain on sale of an unconsolidated property (Note 4).
(c) | The three months ended September 30, 2017 includes an aggregate $13.0 million gain on the sales of two consolidated properties (Note 2), of which $10.7 million was attributable to noncontrolling interests as well as an impairment charge of $3.8 million, inclusive of an amount attributable to a noncontrolling interest of $2.7 million (Note 8).
(d) | The three months ended December 31, 2017 includes a $5.6 million gain on change in control of interests (Note 4), an aggregate $35.9 million gain on the sales of three consolidated properties (Note 2), of which $26.7 million was attributable to noncontrolling interests; and an impairment charge of $10.6 million, of which $7.6 million was attributable to noncontrolling interests (Note 8).
|  | Three Months Ended (a, b, c, d)
|  | March 31, 2016 |  | June 30, 2016 |  | September 30, 2016 |  | December 31, 2016
Revenues |  | $ | 48,045 |  |  | $ | 43,918 |  |  | $ | 43,855 |  |  | $ | 54,121 |
Net income |  | 73,875 |  |  | 26,155 |  |  | 326 |  |  | 34,236 |
Net (income) loss attributable to noncontrolling interests |  | (44,950 | ) |  | (8,237 | ) |  | 5,786 |  |  | (14,415 | )
Net income attributable to Acadia |  | 28,925 |  |  | 17,918 |  |  | 6,112 |  |  | 19,821 |
Earnings per share attributable to Acadia: |  |  |  |  |  |  |  |
Basic |  | $ | 0.40 |  |  | $ | 0.24 |  |  | $ | 0.08 |  |  | $ | 0.24 |
Diluted |  | 0.40 |  |  | 0.24 |  |  | 0.08 |  |  | 0.24 |
Weighted average number of shares: |  |  |  |  |  |  |  |
Basic |  | 70,756 |  |  | 72,896 |  |  | 78,449 |  |  | 82,728 |
Diluted |  | 71,215 |  |  | 72,896 |  |  | 78,624 |  |  | 82,728 |
Cash dividends declared per Common Share |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.41 |
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(a) | The three months ended March 31, 2016 includes Fund III's $65.4 million gain on sale of its 65% consolidated interest in Cortlandt Town Center of which $49.4 million was attributable to noncontrolling interests (Note 2).
(b) | The three months ended June 30, 2016 includes a $16.6 million gain on sale of Fund III's consolidated Heritage Shops property of which $12.5 million was attributable to noncontrolling interests (Note 2).
(c) | The three months ended June 30, 2016, September 30, 2016 and December 31, 2016 reflect the impact of the de-consolidation of the Company's investment in the Brandywine portfolio, which was effective May 1, 2016 (Note 4).
(d) | The three months ended December 31, 2016 reflect the impact of an out-of-period adjustment resulting in a net decrease to net income of $4.2 million, of which $1.6 million was attributable to noncontrolling interests (Note 1).

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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