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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues $ 81,839 $ 81,507
Operating expenses    
Depreciation and amortization 33,173 33,713
General and administrative 9,946 11,937
Real estate taxes 11,479 11,280
Property operating 15,133 13,350
Total operating expenses 69,731 70,280
Gain on disposition of properties 0 28,815
Operating income 12,108 40,042
Equity in earnings (losses) of unconsolidated affiliates 29 3,130
Interest and other income 4,818 2,935
Realized and unrealized holding gains on investments and other 26,757 15,730
Interest expense (21,587) (17,925)
Income from continuing operations before income taxes 22,125 43,912
Income tax (provision) benefit (123) 185
Net income 22,002 44,097
Net loss attributable to redeemable noncontrolling interests 2,075 0
Net income attributable to noncontrolling interests (10,717) (27,259)
Net income attributable to Acadia $ 13,360 $ 16,838
Basic (loss) income per share $ 0.14 $ 0.18
Diluted (loss) income per share $ 0.14 $ 0.18
Rental Income    
Revenues $ 80,737 $ 79,467
Other    
Revenues $ 1,102 $ 2,040