ACADIA REALTY TRUST AKR Income Statement

Acadia realty trust (AKR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Rental income
291,190	254,508	242,138	152,814	158,632	145,103	122,730	84,002	65,781	75,082	86,021
Expense reimbursements
-	-	-	32,282	36,306	32,642	28,373	20,433	17,868	19,883	19,435
Revenues
295,327	259,681	248,552	189,939	199,063	179,681	168,286	114,987	97,857	116,390	134,445
Lease termination income
-	-	-	-	-	-	-	-	-	-	2,751
Management fee income
-	-	-	-	-	-	-	-	-	1,424	1,961
Operating expenses
Abandonment of project costs
-	-	-	-	-	-	-	-	-	-	2,487
Reserve for notes receivable
-	-	-	-	-	-	-	405	0	0	1,734
Depreciation and amortization
125,443	117,549	104,934	70,011	60,751	49,645	40,299	27,888	20,975	23,419	27,612
General and administrative
35,416	34,343	33,756	40,648	30,368	27,433	25,555	21,223	22,996	20,209	22,006
Real estate taxes
39,315	36,712	35,946	25,630	25,384	23,062	20,922	16,387	13,156	14,006	15,848
Property operating
51,153	42,679	39,958	24,244	28,423	24,833	21,026	17,430	13,417	19,508	28,143
Impairment of unconsolidated affiliates
-	-	-	-	-	-	-	2,032	0	0	3,768
Impairment charges
1,721	-	14,455	0	5,000	0	1,500	0	0	-	-
Other operating
-	857	2,184	7,517	4,675	3,776	4,605	3,899	1,455	0	-
Total operating expenses
253,048	232,140	231,233	168,050	154,601	128,749	113,907	87,232	71,999	77,142	97,830
Income (loss) from continuing operations before gain on disposition of properties
-	-	-	52,627	60,907	137,786	26,503	9,267	4,877	47,147	1,844
Gain on disposition of properties
30,324	5,140	48,886	81,965	89,063	13,138	0	0	-	-	-
Operating (loss) income
72,603	32,681	66,205	21,889	44,462	50,932	54,379	27,755	25,858	39,248	36,615
Equity in earnings of unconsolidated affiliates
8,922	9,302	23,371	39,449	37,330	111,578	12,382	550	1,555	12,450	-1,529
Interest and other income
-	-	-	-	16,603	12,607	11,800	8,027	11,705	19,161	19,698
Other
-	-	-	-	-	2,724	-	-	-	-	-
Gain from bargain purchase
-	-	-	-	-	-	-	-	-	33,805	0
Gain on involuntary conversion of asset
-	-	-	-	-	-	-	2,368	0	0	-
Interest income
7,988	13,231	29,143	25,829	-	-	-	-	-	406	642
Other income
6,947	-	5,571	-	-	-	-	-	-	-	-
Interest expense
73,788	69,978	58,978	34,645	37,297	39,426	39,474	22,811	23,343	34,414	35,632
Gain on change in control
-	-	-	0	1,596	-	-	-	-	-	-
(Loss) income from continuing operations before income taxes
22,672	-14,764	65,312	52,522	62,694	138,415	26,522	8,693	5,338	50,016	3,385
Income tax benefit
1,468	934	1,004	-105	1,787	629	19	-574	461	2,869	1,541
Discontinued operations
Operating income from discontinued operations
-	-	-	-	-	-	6,818	12,007	8,933	3,520	3,719
Impairment of asset
-	-	-	-	-	-	6,683	0	6,925	0	0
Loss on debt extinguishment
-	-	-	-	-	-	-800	-2,541	0	0	-
Gain on disposition of properties
-	-	-	-	-	-	18,802	71,203	46,830	0	7,143
Income from discontinued operations, net of tax
-	-	-	-	-	1,222	18,137	80,669	48,838	3,520	10,862
Gain on disposition of property of unconsolidated affiliates
-	-	-	-	-	-	0	3,061	0	-1,479	-
Loss on debt extinguishment
-	-	-	-	-	-	-765	-198	1,268	0	7,057
Net (loss) income
21,204	-15,698	64,308	134,592	149,970	152,146	44,640	89,936	53,715	50,667	12,706
Noncontrolling interests
Net income attributable to noncontrolling interests
-	-	-	-	-	80,059	-7,523	-14,352	-13,734	18,914	-24,730
Discontinued operations
-	-	-	-	-	1,023	12,048	64,582	15,894	1,696	6,303
Net loss attributable to noncontrolling interests
-31,841	-47,137	2,838	61,816	84,262	81,082	4,525	50,230	2,160	20,610	-18,427
Net (loss) income attributable to Acadia
53,045	31,439	61,470	72,776	65,708	71,064	40,115	39,706	51,555	30,057	31,133
Earnings Per Share, Basic and Diluted [Abstract]
Income from continuing operations to Acadia (in dollars per share)
-	-	-	-	-	1.18	0.61	0.51	0.45	0.69	0.70
Income from discontinued operations to Acadia (in dollars per share)
-	-	-	-	-	0.00	0.11	0.34	0.80	0.04	0.12
Basic earnings per share (in dollars per share)
-	-	-	-	-	1.18	0.72	0.85	1.25	0.73	0.82
Diluted earnings per share
Income from continuing operations to Acadia (in dollars per share)
-	-	-	-	-	1.18	0.61	0.51	0.45	0.69	0.70
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	0.11	0.34	0.80	0.04	0.12
Diluted earnings per share (in dollars per share)
-	-	-	-	-	-	0.72	0.85	1.25	0.73	0.82
Basic and diluted (loss) earnings per share (in dollars per share)
0.62	0.38	0.73	0.94	0.94	-	-	-	-	-	-
Other
Revenues
4,137	5,173	6,414	4,843	4,125	1,936	5,383	2,525	2,503	840	4,579