CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Operating real estate, net	$ 3,268,573	$ 3,260,139
Real estate under development	219,037	247,349
Net investments in real estate	3,487,610	3,507,488
Notes receivable, net	158,468	101,450
Investments in and advances to unconsolidated affiliates	305,668	249,807
Other assets, net	174,750	173,809
Right-of-use assets - operating leases, net	41,577	76,268
Cash and cash equivalents	17,359	19,232
Restricted cash	14,827	14,692
Rents receivable, net	44,386	44,136
Total assets	4,244,645	4,186,882
LIABILITIES
Mortgage and other notes payable, net	1,181,028	1,204,581
Unsecured notes payable, net	503,966	420,858
Unsecured line of credit	102,905	138,400
Accounts payable and other liabilities	245,697	269,911
Lease liability - operating leases, net	39,743	88,816
Dividends and distributions payable	14,339	147
Distributions in excess of income from, and investments in, unconsolidated affiliates	15,456	15,616
Total liabilities	2,103,134	2,138,329
Commitments and contingencies
Acadia Shareholders' Equity
Common shares, $0.001 par value, authorized 200,000,000 shares, issued and outstanding 88,451,668 and 86,268,303 shares, respectively	88	86
Additional paid-in capital	1,733,448	1,683,165
Accumulated other comprehensive loss	(43,169)	(74,891)
Distributions in excess of accumulated earnings	(185,373)	(167,046)
Total Acadia shareholders’ equity	1,504,994	1,441,314
Noncontrolling interests	636,517	607,239
Total equity	2,141,511	2,048,553
Total liabilities and equity	$ 4,244,645	$ 4,186,882