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Earnings Per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2022
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) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Numerator: |  |  |  |  | (As Restated) |  |  |  |  |  | (As Restated) |
Net (loss) income attributable to Acadia |  | $ | (55,891 | ) |  | $ | 12,007 |  |  | $ | (39,427 | ) |  | $ | 20,535 |
Less: net income attributable to participating securities |  |  | (198 | ) |  |  | (156 | ) |  |  | — |  |  |  | (468 | )
(Loss) income from continuing operations net of income attributable to participating securities for basic (loss) earnings per share |  |  | (56,089 | ) |  |  | 11,851 |  |  |  | (39,427 | ) |  |  | 20,067 |
Impact of City Point Loan share conversion option (a) |  |  | (1,804 | ) |  |  | — |  |  |  | (1,804 | ) |  |  | — |
(Loss) income from continuing operations net of income attributable to participating securities for diluted (loss) earnings per share |  | $ | (57,893 | ) |  | $ | 11,851 |  |  | $ | (41,231 | ) |  | $ | 20,067 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares for basic earnings per share |  |  | 94,980,333 |  |  |  | 88,480,844 |  |  |  | 94,757,678 |  |  |  | 87,217,422 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Series A Preferred OP Units |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Employee unvested restricted shares |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
City Point Loan common stock conversion option (Note 10) (a) |  |  | 270,635 |  |  |  | — |  |  |  | 91,203 |  |  |  | — |
Denominator for diluted earnings per share |  |  | 95,250,968 |  |  |  | 88,480,844 |  |  |  | 94,848,881 |  |  |  | 87,217,422 |
Basic (loss) earnings per Common Share from continuing operations attributable to Acadia |  | $ | (0.59 | ) |  | $ | 0.13 |  |  | $ | (0.42 | ) |  | $ | 0.23 |
Diluted (loss) earnings per Common Share from continuing operations attributable to Acadia |  | $ | (0.61 | ) |  | $ | 0.13 |  |  | $ | (0.43 | ) |  | $ | 0.23 |
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 |  |  |  | 126,593 |  |  |  | 126,593 |  |  |  | 126,593 |
Series C Preferred OP Units - Common share equivalent |  |  | 439,556 |  |  |  | 439,556 |  |  |  | 439,556 |  |  |  | 439,556 |
Restricted shares |  |  | 69,832 |  |  |  | 70,827 |  |  |  | 69,832 |  |  |  | 70,827 |
The impact of assumed conversion of dilutive convertible securities is related to the assumed conversion of potential common shares of the Company that could be subsequently issued in connection with the City Point Loan (Note 10) for the stub-period until the put rights were modified for a cash-only settlement option in the third quarter of 2022.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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