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Earnings Per Common Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Numerator: |  |  |  |
Net income attributable to Acadia shareholders | $ 1,963 | $ 1,443 | $ 3,571 | $ 4,712
Less: net income attributable to participating securities | (338) | (290) | (677) | (577)
Income from continuing operations net of income attributable to participating securities for basic earnings per share | $ 1,625 | $ 1,153 | $ 2,894 | $ 4,135
Denominator: |  |  |  |
Weighted average shares for basic earnings per share | 130,981,401 | 103,592,238 | 126,181,730 | 102,859,977
Denominator for diluted earnings per share | 130,981,401 | 103,592,238 | 126,181,730 | 102,859,977
Effect of dilutive securities: |  |  |  |
Series A Preferred OP Units | 0 | 0 | 0 | 0
Employee unvested restricted shares | 0 | 0 | 0 | 0
Assumed settlement of forward sales agreements (Note 10) | 0 | 0 | 0 | 0
Basic earnings per Common Share from continuing operations attributable to Acadia shareholders | $ 0.01 | $ 0.01 | $ 0.02 | $ 0.04
Diluted earnings per Common Share from continuing operations attributable to Acadia shareholders | $ 0.01 | $ 0.01 | $ 0.02 | $ 0.04
Series A Preferred OP Units |  |  |  |
Anti-Dilutive Shares Excluded from Denominator: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 188 | 188 | 188 | 188
Series A Preferred OP Units - Common Share Equivalent |  |  |  |
Anti-Dilutive Shares Excluded from Denominator: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 25,067 | 25,067 | 25,067 | 25,067
Series C Preferred OP Units |  |  |  |
Anti-Dilutive Shares Excluded from Denominator: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 66,519 | 84,785 | 66,519 | 84,785
Series C Preferred OP Units - Common Share Equivalent |  |  |  |
Anti-Dilutive Shares Excluded from Denominator: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 230,967 | 294,390 | 230,967 | 294,390
Restricted shares |  |  |  |
Anti-Dilutive Shares Excluded from Denominator: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 79,358 | 82,410 | 79,358 | 82,410

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