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Earnings (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

		Three Months Ended March 31,
(dollars in thousands)		2021				2020
Numerator:
Net income (loss) attributable to Acadia		$	5,162			$	(8,414	)
Less: net income attributable to participating securities			(156	)			—
Income (loss) from continuing operations net of income attributable to participating securities		$	5,006			$	(8,414	)

Denominator:
Weighted average shares for basic earnings per share			86,323,267				86,971,552
Effect of dilutive securities:
Employee unvested restricted shares			23,093				—
Denominator for diluted earnings per share			86,346,360				86,971,552

Basic and diluted earnings and basic loss per Common Share from continuing operations attributable to Acadia		$	0.06			$	(0.10	)

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				126,593
Series C Preferred OP Units - Common share equivalent			439,556				439,556
Restricted shares			—				49,182