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Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

		Three Months Ended June 30,								Six Months Ended June 30,
(dollars in thousands)		2019				2018				2019				2018
Numerator:
Net income attributable to Acadia		$	9,080			$	7,665			$	21,277			$	15,084
Less: net income attributable to participating securities			(27	)			(47	)			(99	)			(91	)
Income from continuing operations net of income attributable to participating securities		$	9,053			$	7,618			$	21,178			$	14,993

Denominator:
Weighted average shares for basic earnings per share			83,703,886				81,755,702				82,872,977				82,590,256
Effect of dilutive securities:
Employee unvested restricted shares			—				—				—				1,968
Denominator for diluted earnings per share			83,703,886				81,755,702				82,872,977				82,592,224

Basic and diluted earnings per Common Share from continuing operations attributable to Acadia		$	0.11			$	0.09			$	0.26			$	0.18

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

Series C Preferred OP Units			136,593				136,593				136,593				136,593
Series C Preferred OP Units - Common share equivalent			474,278				474,278				474,278				474,278
Restricted shares			40,821				38,831				40,821				—