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Earnings Per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(dollars in thousands, except per share data) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Acadia shareholders |  | $ | 1,443 |  |  | $ | 9,276 |  |  | $ | 4,712 |  |  | $ | 22,636 |
Less: earnings attributable to unvested participating securities |  |  | (290 | ) |  |  | (247 | ) |  |  | (577 | ) |  |  | (490 | )
Income from continuing operations net of income attributable to participating securities for basic earnings per share |  | $ | 1,153 |  |  | $ | 9,029 |  |  | $ | 4,135 |  |  | $ | 22,146 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares for basic earnings per share |  |  | 103,592,238 |  |  |  | 95,259,924 |  |  |  | 102,859,977 |  |  |  | 95,224,901 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Series A Preferred OP Units |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Employee unvested restricted shares |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted average shares for diluted earnings per share |  |  | 103,592,238 |  |  |  | 95,259,924 |  |  |  | 102,859,977 |  |  |  | 95,224,901 |
Basic earnings per Common Share from continuing operations attributable to Acadia |  | $ | 0.01 |  |  | $ | 0.09 |  |  | $ | 0.04 |  |  | $ | 0.23 |
Diluted earnings per Common Share from continuing operations attributable to Acadia |  | $ | 0.01 |  |  | $ | 0.09 |  |  | $ | 0.04 |  |  | $ | 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 |  |  | 84,785 |  |  |  | 126,384 |  |  |  | 84,785 |  |  |  | 126,384 |
Series C Preferred OP Units - Common share equivalent |  |  | 294,390 |  |  |  | 438,831 |  |  |  | 294,390 |  |  |  | 438,831 |
Restricted shares |  |  | 82,410 |  |  |  | 96,143 |  |  |  | 82,410 |  |  |  | 96,143 |

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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 -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 + Details
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