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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 89,948 $ 84,259 $ 171,787 $ 165,766
Operating expenses        
Depreciation and amortization 34,056 34,971 67,229 68,684
General and administrative 10,643 10,661 20,589 22,598
Real estate taxes 11,381 11,628 22,860 22,908
Property operating 14,210 13,567 29,343 26,917
Total operating expenses 70,290 70,827 140,021 141,107
Gain on disposition of properties 0 12,216 0 41,031
Operating income 19,658 25,648 31,766 65,690
Equity in (losses) earnings of unconsolidated affiliates (1,437) 1,280 (1,408) 4,410
Interest and other income 4,970 2,961 9,788 5,896
Realized and unrealized holding gains (losses) on investments and other 1,815 (26,283) 28,572 (10,553)
Interest expense (22,089) (19,222) (43,676) (37,147)
Income (loss) from continuing operations before income taxes 2,917 (15,616) 25,042 28,296
Income tax provision (165) (209) (288) (24)
Net income (loss) 2,752 (15,825) 24,754 28,272
Net loss attributable to redeemable noncontrolling interests 1,091 0 3,166 0
Net loss (income) attributable to noncontrolling interests 5,433 15,451 (5,284) (11,808)
Net income (loss) attributable to Acadia shareholders $ 9,276 $ (374) $ 22,636 $ 16,464
Basic income per share $ 0.09 $ 0.00 $ 0.23 $ 0.17
Diluted income per share $ 0.09 $ 0.00 $ 0.23 $ 0.17
Weighted average shares for basic income per share 95,259,924 94,944,772 95,224,901 94,119,752
Weighted average shares for diluted income per share 95,259,924 94,944,772 95,224,901 94,119,752
Rental Income        
Revenues $ 88,141 $ 80,559 $ 168,878 $ 160,026
Other        
Revenues $ 1,807 $ 3,700 $ 2,909 $ 5,740