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Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

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)		2020				2019				2020				2019
Numerator:
Net income attributable to Acadia		$	19,410			$	9,080			$	10,996			$	21,277
Less: net income attributable to participating securities			(244	)			(27	)			(233	)			(99	)
Income from continuing operations net of income attributable to participating securities		$	19,166			$	9,053			$	10,763			$	21,178

Denominator:
Weighted average shares for basic earnings per share			86,179,950				83,703,886				86,575,751				82,872,977
Effect of dilutive securities:
Employee unvested restricted shares			—				—				—				—
Denominator for diluted earnings per share			86,179,950				83,703,886				86,575,751				82,872,977

Basic and diluted earnings per Common Share from continuing operations attributable to Acadia		$	0.22			$	0.11			$	0.12			$	0.26

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			126,593				136,593				126,593				136,593
Series C Preferred OP Units - Common share equivalent			439,556				474,278				439,556				474,278
Restricted shares			76,433				40,821				76,433				40,821