Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Summary of Segment Information

The following tables set forth certain segment information for the Company (in thousands):

	For the Three Months Ended September 30, 2022
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	50,076		$	29,870		$	—		$	—		$	79,946
Depreciation and amortization		(18,811	)		(14,933	)		—			—			(33,744	)
Property operating expenses and real estate taxes		(14,808	)		(10,751	)		—			—			(25,559	)
General and administrative expenses		—			—			—			(10,170	)		(10,170	)
Impairment charges		—			(33,311	)		—			—			(33,311	)
Gain on disposition of properties		—			8,885			—			—			8,885
Operating income (loss)		16,457			(20,240	)		—			(10,170	)		(13,953	)
Interest and other income		—			—			3,994			—			3,994
Realized and unrealized holding losses on investments and other		—			(7,257	)		(605	)		—			(7,862	)
Equity in losses of unconsolidated affiliates		(49,806	)		(773	)		—			—			(50,579	)
Interest expense		(10,428	)		(10,734	)		—			—			(21,162	)
Income tax benefit		—			—			—			17			17
Net loss		(43,777	)		(39,004	)		3,389			(10,153	)		(89,545	)
Net loss attributable to redeemable noncontrolling interests		—			3,193			—			—			3,193
Net loss attributable to noncontrolling interests		2,884			27,577			—			—			30,461
Net loss attributable to Acadia	$	(40,893	)	$	(8,234	)	$	3,389		$	(10,153	)	$	(55,891	)

	For the Three Months Ended September 30, 2021 (As Restated)
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	45,942		$	25,954		$	—		$	—		$	71,896
Depreciation and amortization		(17,678	)		(12,386	)		—			—			(30,064	)
Property operating expenses and real estate taxes		(13,911	)		(9,560	)		—			—			(23,471	)
General and administrative expenses		—			—			—			(9,910	)		(9,910	)
Impairment charges		—			(9,925	)		—			—			(9,925	)
Operating income (loss)		14,353			(5,917	)		—			(9,910	)		(1,474	)
Interest and other income		—			—			2,354			—			2,354
Realized and unrealized holding gains (losses) on investments and other		—			47,643			(1,150	)		—			46,493
Equity in (losses) earnings of unconsolidated affiliates		(485	)		857			—			—			372
Interest expense		(7,322	)		(9,292	)		—			—			(16,614	)
Income tax provision		—			—			—			(59	)		(59	)
Net income		6,546			33,291			1,204			(9,969	)		31,072
Net income attributable to noncontrolling interests		(912	)		(18,153	)		—			—			(19,065	)
Net income attributable to Acadia	$	5,634		$	15,138		$	1,204		$	(9,969	)	$	12,007

	As of or for the Nine Months Ended September 30, 2022
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	151,650		$	94,062		$	—		$	—		$	245,712
Depreciation and amortization		(56,547	)		(45,881	)		—			—			(102,428	)
Property operating expenses and real estate taxes		(44,379	)		(31,005	)		—			—			(75,384	)
General and administrative expenses		—			—			—			(32,768	)		(32,768	)
Impairment charges		—			(33,311	)		—			—			(33,311	)
Gain on disposition of properties		—			49,916			—			—			49,916
Operating income		50,724			33,781			—			(32,768	)		51,737
Interest and other income		—			—			9,890			—			9,890
Realized and unrealized holding gains (losses) on investments and other		1,163			(19,073	)		(505	)		—			(18,415	)
Equity in (losses) earnings of unconsolidated affiliates		(47,402	)		1,233			—			—			(46,169	)
Interest expense		(26,543	)		(31,766	)		—			—			(58,309	)
Income tax provision		—			—			—			(7	)		(7	)
Net loss		(22,058	)		(15,825	)		9,385			(32,775	)		(61,273	)
Net loss attributable to redeemable noncontrolling interests		—			3,193			—			—			3,193
Net loss attributable to noncontrolling interests		1,398			17,255			—			—			18,653
Net (loss) income attributable to Acadia	$	(20,660	)	$	4,623		$	9,385		$	(32,775	)	$	(39,427	)
Real estate at cost (a)	$	2,614,103		$	1,651,319		$	—		$	—		$	4,265,422
Total assets (a)	$	2,636,041		$	1,603,491		$	123,966		$	—		$	4,363,498
Cash paid for acquisition of real estate	$	242,633		$	—		$	—		$	—		$	242,633
Cash paid for development and property improvement costs	$	22,325		$	14,538		$	—		$	—		$	36,863

	As of or for the Nine Months Ended September 30, 2021 As Restated
	Core Portfolio			Funds			Structured Financing			Unallocated			Total
Revenues	$	134,292		$	78,848		$	—		$	—		$	213,140
Depreciation and amortization		(51,898	)		(39,346	)		—			—			(91,244	)
Property operating expenses and real estate taxes		(41,773	)		(30,963	)		—			—			(72,736	)
General and administrative expenses		—			—			—			(29,555	)		(29,555	)
Impairment charges		—			(9,925	)		—			—			(9,925	)
Gain on disposition of properties		4,612			5,909			—			—			10,521
Operating income		45,233			4,523			—			(29,555	)		20,201
Interest and other income		—			—			6,108			—			6,108
Realized and unrealized holding gains (losses) on investments and other		—			57,031			(3,571	)		—			53,460
Equity in (losses) earnings of unconsolidated affiliates		(944	)		4,097			—			—			3,153
Interest expense		(21,863	)		(28,439	)		—			—			(50,302	)
Income tax provision		—			—			—			(399	)		(399	)
Net income		22,426			37,212			2,537			(29,954	)		32,221
Net income attributable to noncontrolling interests		(1,926	)		(9,760	)		—			—			(11,686	)
Net income attributable to Acadia	$	20,500		$	27,452		$	2,537		$	(29,954	)	$	20,535
Real estate at cost (a)	$	2,328,208		$	1,737,786		$	—		$	—		$	4,065,994
Total assets (a)	$	2,201,871		$	1,827,565		$	154,849		$	—		$	4,184,285
Cash paid for acquisition of real estate	$	—		$	63,425		$	—		$	—		$	63,425
Cash paid for development and property improvement costs	$	11,601		$	14,334		$	—		$	—		$	25,935