SUMMARY OF QUARTERLY FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Financial Information

Summary of Quarterly Financial Information (unaudited)

The quarterly results of operations of the Company for the years ended December 31, 2011 and 2010 are as follows:

(dollars in thousands, except per share amounts)	March 31, 2011		June 30, 2011		September 30, 2011		December 31, 2011
Revenue	$	37,447	$	37,845	$	36,656	$	38,213
Income from continuing operations attributable to Common Shareholders	$	8,185	$	4,245	$	3,843	$	3,789
Income from discontinued operations attributable to Common Shareholders	$	1,238	$	25,989	$	168	$	4,098
Net income attributable to Common Shareholders	$	9,423	$	30,234	$	4,011	$	7,887
Net income attributable to Common Shareholders per Common Share - basic:
Income from continuing operations	$	0.20	$	0.11	$	0.10	$	0.09
Income from discontinued operations	$	0.03	$	0.64	$	—	$	0.10
Net income per share	$	0.23	$	0.75	$	0.10	$	0.19
Net income attributable to Common Shareholders per Common Share - diluted:
Income from continuing operations	$	0.20	$	0.10	$	0.10	$	0.09
Income from discontinued operations	$	0.03	$	0.64	$	—	$	0.10
Net income per share	$	0.23	$	0.74	$	0.10	$	0.19
Cash dividends declared per Common Share	$	0.18	$	0.18	$	0.18	$	0.18
Weighted average Common Shares outstanding:
Basic	40,317,603		40,333,575		40,339,958		41,785,261
Diluted	40,580,173		40,633,317		40,628,781		42,066,390

ACADIA REALTY TRUST AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

21. Summary of Quarterly Financial Information (unaudited) (continued)

(dollars in thousands, except per share amounts)	March 31, 2010		June 30, 2010		September 30, 2010		December 31, 2010
Revenue	$	34,702	$	33,997	$	36,302	$	36,044
Income from continuing operations attributable to Common Shareholders	$	4,829	$	12,250	$	4,592	$	6,589
Income from discontinued operations attributable to Common Shareholders	$	301	$	548	$	525	$	423
Net income attributable to Common Shareholders	$	5,130	$	12,798	$	5,117	$	7,012
Net income attributable to Common Shareholders per Common Share - basic:
Income from continuing operations	$	0.12	$	0.30	$	0.12	$	0.16
Income from discontinued operations	$	0.01	$	0.02	$	0.01	$	0.01
Net income per share	$	0.13	$	0.32	$	0.13	$	0.17
Net income attributable to Common Shareholders per Common Share - diluted:
Income from continuing operations	$	0.12	$	0.30	$	0.12	$	0.16
Income from discontinued operations	$	0.01	$	0.01	$	0.01	$	0.01
Net income per share	$	0.13	$	0.31	$	0.13	$	0.17
Cash dividends declared per Common Share	$	0.18	$	0.18	$	0.18	$	0.18
Weighted average Common Shares outstanding:
Basic	39,980,646		40,134,706		40,169,141		40,257,378
Diluted	40,149,931		40,371,812		40,430,998		40,594,009