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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Revenues | $ 87,254 | $ 89,948 | $ 178,610 | $ 171,787
Expenses |  |  |  |
Depreciation and amortization | 34,281 | 34,056 | 69,221 | 67,229
General and administrative | 10,179 | 10,643 | 19,947 | 20,589
Real estate taxes | 9,981 | 11,381 | 22,327 | 22,860
Property operating | 15,781 | 14,210 | 34,877 | 29,343
Total expenses | 70,222 | 70,290 | 146,372 | 140,021
Gain (loss) on disposition of properties | 757 | 0 | (441) | 0
Operating income | 17,789 | 19,658 | 31,797 | 31,766
Equity in earnings (losses) of unconsolidated affiliates | 4,480 | (1,437) | 4,168 | (1,408)
Interest income | 5,413 | 4,970 | 10,651 | 9,788
Realized and unrealized holding (losses) gains on investments and other | (2,364) | 1,815 | (4,415) | 28,572
Interest expense | (23,581) | (22,089) | (47,290) | (43,676)
Income (loss) from continuing operations before income taxes | 1,737 | 2,917 | (5,089) | 25,042
Income tax provision | (155) | (165) | (186) | (288)
Net income (loss) | 1,582 | 2,752 | (5,275) | 24,754
Net loss attributable to redeemable noncontrolling interests | 2,292 | 1,091 | 4,846 | 3,166
Net loss (income) attributable to noncontrolling interests | (2,431) | 5,433 | 5,141 | (5,284)
Net income attributable to Acadia shareholders | $ 1,443 | $ 9,276 | $ 4,712 | $ 22,636
Basic income per share | $ 0.01 | $ 0.09 | $ 0.04 | $ 0.23
Diluted income per share | $ 0.01 | $ 0.09 | $ 0.04 | $ 0.23
Weighted average shares for basic income per share | 103,592,238 | 95,259,924 | 102,859,977 | 95,224,901
Weighted average shares for diluted income per share | 103,592,238 | 95,259,924 | 102,859,977 | 95,224,901
Rental Income |  |  |  |
Revenues | $ 85,626 | $ 88,141 | $ 171,663 | $ 168,878
Other |  |  |  |
Revenues | $ 1,628 | $ 1,807 | $ 6,947 | $ 2,909

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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-16 + Details
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- Definition This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-10 + Details
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