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Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

		Three Months Ended September 30,								Nine Months Ended September 30,
(dollars in thousands)		2019				2018				2019				2018
Numerator:
Net income attributable to Acadia		$	10,458			$	9,225			$	31,735			$	24,309
Less: net income attributable to participating securities			(38	)			(66	)			(134	)			(158	)
Income from continuing operations net of income attributable to participating securities		$	10,420			$	9,159			$	31,601			$	24,151

Denominator:
Weighted average shares for basic earnings per share			84,888,445				81,565,805				83,552,182				82,245,020
Effect of dilutive securities:
Employee unvested restricted shares			—				—				—				—
Denominator for diluted earnings per share			84,888,445				81,565,805				83,552,182				82,245,020

Basic and diluted earnings per Common Share from continuing operations attributable to Acadia		$	0.12			$	0.11			$	0.38			$	0.29

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				38,450				40,821				37,180