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Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

	Year Ended December 31,
(dollars in thousands)	2018				2017				2016
Numerator:
Net income attributable to Acadia	$	31,439			$	61,470			$	72,776
Less: net income attributable to participating securities		(267	)			(642	)			(793	)
Income from continuing operations net of income attributable to participating securities	$	31,172			$	60,828			$	71,983

Denominator:
Weighted average shares for basic earnings per share		82,080,159				83,682,789				76,231,000
Effect of dilutive securities:
Employee unvested restricted shares		—				2,682				12,550
Denominator for diluted earnings per share		82,080,159				83,685,471				76,243,550

Basic and diluted earnings per Common Share from continuing operations attributable to Acadia	$	0.38			$	0.73			$	0.94

Anti-Dilutive Shares Excluded from Denominator:
Series A Preferred OP Units		188				188				188
Series A Preferred OP Units - Common share equivalent		25,067				25,067				25,067

Series C Preferred OP Units		136,593				136,593				141,593
Series C Preferred OP Units - Common share equivalent		474,278				479,978				410,207
Restricted shares		36,879				41,299				50,156