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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 91,356 $ 81,839
Expenses    
Depreciation and amortization 34,940 33,173
General and administrative 9,768 9,946
Real estate taxes 12,346 11,479
Property operating 19,096 15,133
Total expenses 76,150 69,731
Loss related to a previously disposed property (1,198) 0
Operating income 14,008 12,108
Equity in (losses) earnings of unconsolidated affiliates (312) 29
Interest income 5,238 4,818
Realized and unrealized holding (losses) gains on investments and other (2,051) 26,757
Interest expense (23,709) (21,587)
(Loss) income from continuing operations before income taxes (6,826) 22,125
Income tax provision (31) (123)
Net income (loss) (6,857) 22,002
Net loss attributable to redeemable noncontrolling interests 2,554 2,075
Net loss (income) attributable to noncontrolling interests 7,572 (10,717)
Net income attributable to Acadia shareholders $ 3,269 $ 13,360
Basic income per share $ 0.03 $ 0.14
Diluted income per share $ 0.03 $ 0.14
Weighted average shares for basic income per share 102,127,715 95,189,490
Weighted average shares for diluted income per share 102,127,715 95,189,490
Rental Income    
Revenues $ 86,037 $ 80,737
Other    
Revenues $ 5,319 $ 1,102