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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 81,392 $ 79,946 $ 253,179 $ 245,712
Operating expenses        
Depreciation and amortization 33,726 33,744 100,955 102,428
General and administrative 10,309 10,170 30,898 32,768
Real estate taxes 11,726 11,749 34,586 34,657
Property operating 15,254 13,810 44,597 40,727
Impairment charges 3,686 33,311 3,686 33,311
Total operating expenses 74,701 102,784 214,722 243,891
Gain on disposition of properties 0 8,885 0 49,916
Operating income (loss) 6,691 (13,953) 38,457 51,737
Equity in losses of unconsolidated affiliates (4,865) (50,579) (6,273) (46,169)
Interest and other income 5,087 3,994 14,875 9,890
Realized and unrealized holding gains (losses) on investments and other 1,664 (7,862) 30,236 (18,415)
Interest expense (24,885) (21,162) (68,561) (58,309)
(Loss) income from continuing operations before income taxes (16,308) (89,562) 8,734 (61,266)
Income tax benefit (provision) 40 17 (248) (7)
Net income (loss) (16,268) (89,545) 8,486 (61,273)
Net loss attributable to redeemable noncontrolling interests 2,495 3,193 5,661 3,193
Net (income) loss attributable to noncontrolling interests 12,347 30,461 7,063 18,653
Net (loss) income attributable to Acadia shareholders $ (1,426) $ (55,891) $ 21,210 $ (39,427)
Basic (loss) income per share $ (0.02) $ (0.59) $ 0.21 $ (0.42)
Diluted (loss) income per share $ (0.02) $ (0.61) $ 0.21 $ (0.43)
Weighted average shares for basic (loss) income per share 95,319,958 94,980,333 95,256,703 94,757,678
Weighted average shares for diluted (loss) income per share 95,319,958 95,250,968 95,256,703 94,848,881
Rental Income        
Revenues $ 79,961 $ 78,453 $ 248,839 $ 238,479
Other        
Revenues $ 1,431 $ 1,493 $ 4,340 $ 7,233