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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Rental income $ 62,639 $ 69,109 $ 133,096 $ 142,299
Revenues 63,773 70,229 135,193 144,216
Operating expenses        
Depreciation and amortization 33,793 30,304 67,170 60,637
General and administrative 8,720 9,034 17,790 17,357
Real estate taxes 10,697 9,852 21,144 19,455
Property operating 16,806 12,553 30,126 24,087
Impairment charges 0 1,400 51,549 1,400
Total operating expenses 70,016 63,143 187,779 122,936
Gain on disposition of properties 485   485 2,014
Operating (loss) income (5,758) 7,086 (52,101) 23,294
Equity in (losses) earnings of unconsolidated affiliates (786) 3,559 469 5,830
Interest income 2,095 4,142 5,024 6,412
Realized and unrealized holding gains on investments and other 87,811   87,281  
Interest expense (18,319) (19,759) (36,621) (37,618)
Income (loss) from continuing operations before income taxes 65,043 (4,972) 4,052 (2,082)
Income tax (provision) benefit (137) (265) 815 (219)
Net income (loss) 64,906 (5,237) 4,867 (2,301)
Net (income) loss attributable to noncontrolling interests (45,496) 14,317 6,129 23,578
Net income attributable to Acadia $ 19,410 $ 9,080 $ 10,996 $ 21,277
Basic and diluted earnings per share $ 0.22 $ 0.11 $ 0.12 $ 0.26
Other        
Revenues $ 1,134 $ 1,120 $ 2,097 $ 1,917