XML 22 R38.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

Three Months Ended March 31,

 

(dollars in thousands)

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) income attributable to Acadia

 

$

(8,414

)

 

$

12,197

 

Less: net income attributable to participating securities

 

 

 

 

 

(68

)

Income from continuing operations net of income attributable to participating securities

 

$

(8,414

)

 

$

12,129

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares for basic earnings per share

 

 

86,971,552

 

 

 

82,032,852

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Employee unvested restricted shares

 

 

 

 

 

4,562

 

Denominator for diluted earnings per share

 

 

86,971,552

 

 

 

82,037,414

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per Common Share from continuing operations attributable to Acadia

 

$

(0.10

)

 

$

0.15

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Shares Excluded from Denominator:

 

 

 

 

 

 

 

 

Series A Preferred OP Units

 

 

188

 

 

 

188

 

Series A Preferred OP Units - Common share equivalent

 

 

25,067

 

 

 

25,067

 

 

 

 

 

 

 

 

 

 

Series C Preferred OP Units

 

 

126,593

 

 

 

136,593

 

Series C Preferred OP Units - Common share equivalent

 

 

439,556

 

 

 

474,278

 

Restricted shares

 

 

49,182

 

 

 

37,639