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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
 
Three Months Ended March 31,
(dollars in thousands)
 
2018
 
2017
Numerator:
 
 
 
 
Net income attributable to Acadia
 
$
7,419

 
$
15,631

Less: net income attributable to participating securities
 
(44
)
 
(162
)
Income from continuing operations net of income
attributable to participating securities
 
$
7,375

 
$
15,469


 
 
 
 
Denominator:
 
 
 
 
Weighted average shares for basic earnings per share
 
83,434,083

 
83,634,727

Effect of dilutive securities:
 
 
 
 
Employee unvested restricted shares
 
4,394

 
10,730

Denominator for diluted earnings per share
 
83,438,477

 
83,645,457

 
 
 
 
 
Basic and diluted earnings per Common Share from
continuing operations attributable to Acadia
 
$
0.09

 
$
0.18

 
 
 
 
 
Anti-Dilutive Shares Excluded from Denominator:
 
 
 
 
Series A Preferred OP Units
 
188

 
188

Series A Preferred OP Units - Common share equivalent
 
25,067

 
25,067

 
 
 
 
 
Series C Preferred OP Units
 
136,593

 
141,593

Series C Preferred OP Units - Common share equivalent
 
474,278

 
471,035