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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2018
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):
|  | For the Three Months Ended June 30, 2018
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 40,539 |  |  | $ | 23,030 |  |  | $ | — |  |  | $ | — |  |  | $ | 63,569 |
Depreciation and amortization |  | (14,927 | ) |  | (14,576 | ) |  | — |  |  | — |  |  | (29,503 | )
Property operating expenses, other operating and real estate taxes |  | (10,510 | ) |  | (9,350 | ) |  | — |  |  | — |  |  | (19,860 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (7,907 | ) |  | (7,907 | )
Operating income (loss) |  | 15,102 |  |  | (896 | ) |  | — |  |  | (7,907 | ) |  | 6,299 |
Gain on disposition of properties |  | — |  |  | 33 |  |  | — |  |  | — |  |  | 33 |
Interest income |  | — |  |  | — |  |  | 3,289 |  |  | — |  |  | 3,289 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 1,726 |  |  | 3,293 |  |  | — |  |  | — |  |  | 5,019 |
Interest expense |  | (7,001 | ) |  | (9,914 | ) |  | — |  |  | — |  |  | (16,915 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | 5 |  |  | 5 |
Net income (loss) |  | 9,827 |  |  | (7,484 | ) |  | 3,289 |  |  | (7,902 | ) |  | (2,270 | )
Net loss attributable to noncontrolling interests |  | 200 |  |  | 9,735 |  |  | — |  |  | — |  |  | 9,935 |
Net income attributable to Acadia |  | $ | 10,027 |  |  | $ | 2,251 |  |  | $ | 3,289 |  |  | $ | (7,902 | ) |  | $ | 7,665 |
|  | For the Three Months Ended June 30, 2017
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 41,488 |  |  | $ | 18,016 |  |  | $ | — |  |  | $ | — |  |  | $ | 59,504 |
Depreciation and amortization |  | (15,534 | ) |  | (10,523 | ) |  | — |  |  | — |  |  | (26,057 | )
Property operating expenses, other operating and real estate taxes |  | (10,160 | ) |  | (7,681 | ) |  | — |  |  | — |  |  | (17,841 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (8,864 | ) |  | (8,864 | )
Operating income (loss) |  | 15,794 |  |  | (188 | ) |  | — |  |  | (8,864 | ) |  | 6,742 |
Interest income |  | — |  |  | — |  |  | 8,203 |  |  | — |  |  | 8,203 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 982 |  |  | 3,358 |  |  | — |  |  | — |  |  | 4,340 |
Interest expense |  | (6,933 | ) |  | (5,817 | ) |  | — |  |  | — |  |  | (12,750 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | (427 | ) |  | (427 | )
Net income |  | 9,843 |  |  | (2,647 | ) |  | 8,203 |  |  | (9,291 | ) |  | 6,108 |
Net (income) loss attributable to noncontrolling interests |  | (372 | ) |  | 6,324 |  |  | — |  |  | — |  |  | 5,952 |
Net income attributable to Acadia |  | $ | 9,471 |  |  | $ | 3,677 |  |  | $ | 8,203 |  |  | $ | (9,291 | ) |  | $ | 12,060 |
|  | As of or for the Six Months Ended June 30, 2018
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 82,166 |  |  | $ | 44,527 |  |  | $ | — |  |  | $ | — |  |  | $ | 126,693 |
Depreciation and amortization |  | (30,425 | ) |  | (27,654 | ) |  | — |  |  | — |  |  | (58,079 | )
Property operating expenses, other operating and real estate taxes |  | (21,405 | ) |  | (17,832 | ) |  | — |  |  | — |  |  | (39,237 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (16,377 | ) |  | (16,377 | )
Operating income (loss) |  | 30,336 |  |  | (959 | ) |  | — |  |  | (16,377 | ) |  | 13,000 |
Gain on disposition of properties |  | — |  |  | 33 |  |  | — |  |  | — |  |  | 33 |
Interest income |  | — |  |  | — |  |  | 7,026 |  |  | — |  |  | 7,026 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 3,152 |  |  | 3,551 |  |  | — |  |  | — |  |  | 6,703 |
Interest expense |  | (13,502 | ) |  | (19,303 | ) |  | — |  |  | — |  |  | (32,805 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | (387 | ) |  | (387 | )
Net income (loss) |  | 19,986 |  |  | (16,678 | ) |  | 7,026 |  |  | (16,764 | ) |  | (6,430 | )
Net loss attributable to noncontrolling interests |  | 128 |  |  | 21,386 |  |  | — |  |  | — |  |  | 21,514 |
Net income attributable to Acadia |  | $ | 20,114 |  |  | $ | 4,708 |  |  | $ | 7,026 |  |  | $ | (16,764 | ) |  | $ | 15,084 |
Real estate at cost |  | $ | 2,047,672 |  |  | $ | 1,500,371 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,548,043 |
Total assets |  | $ | 2,236,405 |  |  | $ | 1,535,154 |  |  | $ | 109,209 |  |  | $ | — |  |  | $ | 3,880,768 |
Cash paid for acquisition of real estate |  | $ | 1,343 |  |  | $ | 44,828 |  |  | $ | — |  |  | $ | — |  |  | $ | 46,171 |
Cash paid for development and property improvement costs |  | $ | 15,293 |  |  | $ | 26,644 |  |  | $ | — |  |  | $ | — |  |  | $ | 41,937 |
|  | As of or for the Six Months Ended June 30, 2017
|  | Core Portfolio |  | Funds |  | Structured Financing |  | Unallocated |  | Total
Revenues |  | $ | 85,933 |  |  | $ | 35,570 |  |  | $ | — |  |  | $ | — |  |  | $ | 121,503 |
Depreciation and amortization |  | (31,973 | ) |  | (18,620 | ) |  | — |  |  | — |  |  | (50,593 | )
Property operating expenses, other operating and real estate taxes |  | (23,012 | ) |  | (13,926 | ) |  | — |  |  | — |  |  | (36,938 | )
General and administrative expenses |  | — |  |  | — |  |  | — |  |  | (17,333 | ) |  | (17,333 | )
Operating income (loss) |  | 30,948 |  |  | 3,024 |  |  | — |  |  | (17,333 | ) |  | 16,639 |
Interest income |  | — |  |  | — |  |  | 17,187 |  |  | — |  |  | 17,187 |
Equity in earnings of unconsolidated affiliates inclusive of gains on disposition of properties |  | 1,542 |  |  | 15,501 |  |  | — |  |  | — |  |  | 17,043 |
Interest expense |  | (14,088 | ) |  | (10,150 | ) |  | — |  |  | — |  |  | (24,238 | )
Income tax provision |  | — |  |  | — |  |  | — |  |  | (552 | ) |  | (552 | )
Net income |  | 18,402 |  |  | 8,375 |  |  | 17,187 |  |  | (17,885 | ) |  | 26,079 |
Net (income) loss attributable to noncontrolling interests |  | (804 | ) |  | 2,416 |  |  | — |  |  | — |  |  | 1,612 |
Net income attributable to Acadia |  | $ | 17,598 |  |  | $ | 10,791 |  |  | $ | 17,187 |  |  | $ | (17,885 | ) |  | $ | 27,691 |
Real estate at cost |  | $ | 1,984,601 |  |  | $ | 1,501,406 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,486,007 |
Total assets |  | $ | 2,252,390 |  |  | $ | 1,546,607 |  |  | $ | 249,848 |  |  | $ | — |  |  | $ | 4,048,845 |
Cash paid for acquisition of real estate |  | $ | — |  |  | $ | 77,785 |  |  | $ | — |  |  | $ | — |  |  | $ | 77,785 |
Cash paid for development and property improvement costs |  | $ | 3,753 |  |  | $ | 42,550 |  |  | $ | — |  |  | $ | — |  |  | $ | 46,303 |

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