ACADIA REALTY TRUST AKR Income Statement

Acadia realty trust (AKR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Rental income
288,459	291,190	316,725	295,537	276,917	254,508	246,482	247,186	244,332	242,138	192,088	176,091	162,809	152,814	149,425	154,437	159,035	158,632	157,279	153,144	149,472	145,103	139,150	133,167	127,767	122,730	106,341	97,445	90,832	84,002	51,208	57,575	61,344	65,781	109,019	105,606	0	0	0
Expense reimbursements
-	-	-	-	-	-	0	44,323	43,799	-	41,709	38,944	36,639	32,282	33,315	34,143	34,199	36,306	34,545	33,911	33,918	32,642	31,402	31,349	29,881	28,373	25,683	22,917	22,313	20,433	17,595	18,319	18,066	17,868	20,638	19,921	0	0	0
Revenues
292,762	295,327	285,835	278,035	270,542	259,681	256,591	253,742	249,677	248,552	238,302	219,479	203,893	189,939	172,387	185,384	194,627	199,063	198,319	189,127	185,477	179,681	187,959	181,385	172,682	168,286	147,681	135,426	127,363	114,987	78,502	85,540	90,323	97,857	148,432	148,030	0	0	0
Management fee income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,699	0	0	0
Operating expenses
Depreciation and amortization
128,487	125,443	123,601	120,107	119,306	117,549	114,444	112,420	108,974	104,934	100,512	89,077	77,698	70,011	62,473	64,717	63,942	60,751	58,612	54,035	51,716	49,645	47,076	44,642	42,657	40,299	34,443	31,369	29,971	27,888	19,580	20,387	20,487	20,975	32,805	31,094	0	0	0
General and administrative
36,163	35,416	35,563	35,323	34,196	34,343	32,829	32,800	33,757	33,756	35,192	40,108	39,765	40,648	37,970	32,704	32,188	30,368	29,675	29,195	28,069	27,433	29,190	27,402	26,825	25,555	21,839	22,021	20,924	21,223	22,496	22,737	23,231	22,996	22,464	22,122	0	0	0
Real estate taxes
40,159	39,315	38,864	40,177	37,356	36,712	36,012	33,296	34,299	35,946	35,092	32,465	30,071	25,630	24,520	24,478	25,257	25,384	25,021	24,534	23,684	23,062	21,878	22,078	21,571	20,922	19,100	17,587	17,269	16,387	12,769	13,316	13,157	13,156	18,146	17,390	0	0	0
Property operating
52,941	51,153	47,802	44,735	43,873	42,679	45,955	45,259	42,099	39,958	35,525	31,163	26,904	24,244	23,889	25,138	26,229	28,423	27,033	25,899	25,440	24,833	24,546	24,844	23,700	21,026	19,025	17,431	17,458	17,430	5,355	7,878	10,418	13,417	27,865	27,770	0	0	0
Impairment charges
0	-	0	0	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Other operating
-	-	-	-	-	857	1,852	1,832	1,970	2,184	4,410	7,425	7,520	7,517	5,654	2,785	2,846	4,675	3,708	4,900	5,209	3,776	5,045	4,299	3,780	4,605	3,713	3,484	4,376	3,899	3,738	3,693	2,490	1,455	0	0	0	-	-
Total operating expenses
311,020	253,048	247,753	242,214	235,508	232,140	241,707	240,062	235,554	231,233	214,571	200,238	181,958	168,050	154,506	149,822	155,462	154,601	149,049	143,563	134,118	128,749	129,235	124,765	120,033	113,907	98,525	92,297	90,403	87,232	63,938	68,011	69,783	71,999	101,926	98,454	0	0	0
Income (loss) from continuing operations before gain on disposition of properties
-	-	-	-	-	-	-	-	0	-	0	0	-	52,627	0	0	0	-	-	-	-	137,786	147,648	43,129	36,063	26,503	25,366	17,392	18,326	9,267	-2,209	2,983	465	4,877	13,140	46,393	0	0	0
Gain on disposition of properties
-	30,324	19,177	7,154	0	-	0	0	-	-	0	0	-	81,965	81,965	82,044	127,313	89,063	89,063	89,174	27,894	13,138	13,138	12,948	12,387	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Operating (loss) income
10,052	72,603	52,152	42,942	42,188	32,681	68,910	62,599	63,009	66,205	23,731	19,241	21,935	21,889	17,881	35,562	39,165	44,462	49,270	45,564	51,359	50,932	58,724	56,620	52,649	54,379	49,156	43,129	36,960	27,755	14,564	17,529	20,540	25,858	46,506	49,576	0	0	0
Equity in earnings of unconsolidated affiliates
7,906	8,922	9,352	8,429	9,889	9,302	9,406	13,031	12,352	23,371	56,901	52,798	50,198	39,449	28,728	31,025	32,691	37,330	116,390	117,118	115,142	111,578	12,490	13,776	13,161	12,382	5,827	-920	2,856	550	527	6,175	1,647	1,555	3,168	138	0	0	0
Interest and other income
-	-	-	0	-	-	-	0	-	-	-	0	30,175	-	22,780	21,263	17,833	16,603	16,509	13,787	12,851	12,607	11,754	11,717	12,066	11,800	11,219	10,171	8,870	8,027	8,285	7,949	9,222	11,705	14,699	18,352	0	0	0
Gain from bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest income
0	-	0	-	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	394	442	0	0	0
Other expense
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
74,231	73,788	75,817	74,791	71,947	69,978	70,194	67,545	63,380	58,978	49,394	41,948	38,095	34,645	34,084	35,447	36,514	37,297	37,229	38,026	37,596	39,426	39,995	40,448	40,840	39,474	32,902	28,392	25,536	22,811	15,558	19,165	20,950	23,343	37,404	37,214	0	0	0
(Loss) income from continuing operations before income taxes
-41,209	22,672	1,573	-10,803	-8,106	-14,764	29,727	32,638	41,448	65,312	61,417	61,054	64,213	52,522	-62,950	-44,563	31,145	62,694	141,010	233,263	159,086	138,415	147,678	43,362	36,389	26,522	23,726	15,462	17,425	8,693	-632	4,176	852	5,338	13,932	48,318	0	0	0
Income tax benefit
562	1,468	1,705	766	496	934	838	839	1,271	1,004	789	413	97	-105	-149	460	293	1,787	2,620	1,905	1,878	629	30	233	326	19	-1,640	-1,930	-901	-574	1,577	1,193	387	461	792	1,925	0	0	0
Discontinued operations
Operating income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,818	9,583	9,153	11,304	12,007	14,321	13,038	10,438	8,933	2,908	2,505	0	0	0
Impairment of asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0
Gain on disposition of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	18,802	10,108	12,776	0	-	0	0	-	46,830	32,498	32,498	0	0	0
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	18,137	17,661	21,072	0	-	0	0	-	48,838	28,481	28,078	0	0	0
Gain on disposition of property of unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-1,034	-1,034	-968	-765	0	0	0	-	-	-	-	1,268	1,268	1,571	0	0	0
Net (loss) income
-41,771	21,204	-132	-11,569	-8,602	-15,698	15,917	31,799	40,177	64,308	73,600	60,641	80,688	134,592	108,227	126,005	185,308	149,970	253,171	246,935	0	-	0	0	-	44,640	99,217	96,730	98,292	89,936	35,029	33,021	46,886	53,715	41,621	74,471	0	0	0
Noncontrolling interests
Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	0	-	-7,523	-9,570	-14,451	-11,395	-14,352	-19,781	-12,556	-13,449	-13,734	-7,745	-32,394	0	0	0
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	12,048	59,646	63,944	64,368	64,582	28,493	22,830	14,193	15,894	581	-105	0	0	0
Net loss attributable to noncontrolling interests
-74,205	-31,841	-38,997	-49,201	-44,819	-47,137	-29,304	-17,064	-13,081	2,838	0	0	0	-	0	0	-	84,262	85,931	164,111	105,552	81,082	82,887	36	489	4,525	50,076	49,493	52,973	50,230	8,712	10,274	744	2,160	-7,164	-32,499	0	0	0
Net (loss) income attributable to Acadia
32,434	53,045	38,865	37,632	36,217	31,439	45,221	48,863	53,258	61,470	60,379	53,624	59,482	72,776	61,845	69,509	78,086	65,708	66,259	81,047	66,016	71,064	73,873	54,794	52,087	40,115	49,141	47,237	45,319	39,706	26,317	22,747	46,142	51,555	48,785	57,572	0	0	0
Earnings Per Share, Basic and Diluted [Abstract]
Income from continuing operations to Acadia (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	0.16	0.14	0.18	0.18	0.12	0.13	0.08	0.06	0.09	0.10	0.20	0.12	0.31
Income from discontinued operations to Acadia (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.08	0.01	0.02	0.00	0.27	0.04	0.02	0.01	0.11	0.01	0.65	0.03	0.01	0.01
Basic earnings per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	0.38	0.21	0.17	0.16	0.18	0.45	0.16	0.15	0.09	0.17	0.10	0.75	0.23	0.13	0.32
Diluted earnings per share
Income from continuing operations to Acadia (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	0.16	0.14	0.18	0.18	0.12	0.13	0.08	0.06	0.09	0.10	0.20	0.12	0.31
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.08	0.01	0.02	0.00	0.27	0.04	0.02	0.01	0.12	0.01	0.64	0.03	0.01	0.01
Diluted earnings per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.17	0.16	0.18	0.45	0.16	0.15	0.09	0.18	0.10	0.74	0.23	0.13	0.32
Basic and diluted (loss) earnings per share (in dollars per share)
-0.10	0.24	0.12	0.11	0.15	0.09	0.11	0.09	0.09	0.26	0.15	0.14	0.18	0.22	0.08	0.24	0.40	0.12	0.20	0.38	0.24	-	0.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Revenues
4,303	4,137	4,110	4,304	4,833	5,173	7,456	7,140	6,453	6,414	4,505	4,444	4,445	4,843	2,768	4,197	4,801	4,125	2,593	892	1,843	1,936	5,653	5,152	2,968	5,383	4,438	4,893	5,348	2,525	2,331	2,614	2,320	2,503	2,813	2,452	0	0	0