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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues $ 101,006 $ 87,745 $ 305,992 $ 266,355
Expenses        
Depreciation and amortization 38,884 34,500 117,593 103,721
General and administrative 10,924 10,215 34,053 30,162
Real estate taxes 11,832 11,187 38,452 33,514
Property operating 16,627 14,351 52,431 49,228
Impairment charges 12,570 0 37,210 0
Total expenses 90,837 70,253 279,739 216,625
Gain (loss) on disposition of properties 2,515 0 2,515 (441)
Operating income 12,684 17,492 28,768 49,289
Equity in (losses) earnings of unconsolidated affiliates (3,694) 11,784 (9,598) 15,952
Interest income [1] 6,121 7,859 18,575 18,510
Realized and unrealized holding losses on investments and other (1,760) (1,503) (193) (5,918)
Interest expense (24,304) (23,363) (71,155) (70,653)
Loss on change in control 0 0 (9,622) 0
(Loss) income from continuing operations before income taxes (10,953) 12,269 (43,225) 7,180
Income tax provision (2) (15) (329) (201)
Net (loss) income (10,955) 12,254 (43,554) 6,979
Net loss attributable to redeemable noncontrolling interests 1,567 1,672 4,960 6,518
Net loss (income) attributable to noncontrolling interests 15,006 (5,512) 47,783 (371)
Net income attributable to Acadia shareholders $ 5,618 $ 8,414 $ 9,189 $ 13,126
Basic income per share $ 0.03 $ 0.07 $ 0.06 $ 0.12
Diluted income per share $ 0.03 $ 0.07 $ 0.06 $ 0.12
Weighted average shares for basic earnings per share 131,019,918 108,351,254 127,812,182 104,703,763
Weighted average shares for diluted income per share 131,022,230 108,351,254 127,818,713 104,703,763
Rental Income        
Revenues $ 98,714 $ 86,288 $ 299,651 $ 257,951
Other        
Revenues $ 2,292 $ 1,457 $ 6,341 $ 8,404
[1] Includes interest income on Notes receivable, net from related parties, advances to unconsolidated affiliates, and loans to redeemable noncontrolling interest holders of $3.2 million and $4.8 million for the three months ended September 30, 2025 and 2024, respectively, and $10.1 million and $10.3 million for the nine months ended September 30, 2025 and 2024, respectively (Note 3, Note 10)