ACADIA REALTY TRUST

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $189.9m $250.3m $262.2m $295.3m $255.5m $292.5m $326.3m $338.7m $359.7m $410.8m
Operating Expenses $168.1m $232.9m $234.7m $253.0m
Operating Income (Loss) $21.9m $17.3m $27.5m $72.6m ($115.4m) $30.7m $68.2m $49.1m $65.7m $49.4m
Additional Financial Items
Income (Loss) from Equity Method Investments $39.4m $23.4m $9.3m $8.9m ($1.2m) $5.3m ($32.9m) ($7.7m) $15.2m ($7.7m)
Gain (Loss) on Investments $6.9m $113.9m $49.1m ($35.0m) $30.4m ($5.0m) ($96k)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $52.5m $16.4m
Income (Loss) from Continuing Operations, Per Basic Share $1
Income (Loss) from Continuing Operations, Per Diluted Share $1
Interest and Other Income $14.6m $20.0m $25.1m $23.7m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $1.6m ($4.3m) ($317k)
Other Income $6.9m $113.9m $49.1m ($35.0m) $30.4m ($5.0m) ($96k)
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $793k $642k $267k $413k $233k $624k $805k $978k $1.2m $1.4m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($19.9m) $22.7m ($65.8m) $26.1m ($65.2m) ($1.4m) $8.4m ($39.6m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $72.8m $61.5m $31.4m $53.0m ($8.8m) $23.5m ($35.4m) $19.9m $21.6m $16.9m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $52.6m $15.4m ($20.8m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0
Net Income (Loss) Attributable to Parent $72.8m $16.9m
Net Income (Loss) Available to Common Stockholders, Basic $72.8m $61.5m $31.4m $53.0m ($8.8m) $23.5m ($35.4m) $19.9m $21.6m $16.9m
Net Income (Loss) Attributable to Noncontrolling Interest $61.8m $2.8m ($47.1m) ($31.8m) ($57.3m) $2.5m ($24.3m) ($13.4m) ($5.6m) ($51.3m)
Earnings Per Share, Basic $0.94 ($0.38) $0.20 $0.19 $0.10
Earnings Per Share, Diluted ($0.40) $0.20 $0.19 $0.10
Common Stock, Dividends, Per Share, Declared $1.16 $1.05 $1.09 $1.13 $0.29 $0.60 $0.72 $0.72 $0.74 $0.80
Weighted Average Number of Shares Outstanding, Diluted 76.2m 83.7m 82.1m 84.4m 86.4m 87.7m 94.6m 95.3m 108.3m 128.7m
General and Administrative Expense $40.6m $33.8m $34.3m $35.4m $36.1m $40.1m $44.1m $41.5m $40.6m $45.7m
Other Nonoperating Income (Expense) $0
Business Combination, Acquisition Related Costs $8.2m $2.1m
Direct Costs of Leased and Rented Property or Equipment $24.2m $41.7m $45.2m $51.2m $56.6m $53.5m $57.0m $61.8m $66.0m $71.4m
Other Cost and Expense, Operating $7.5m $2.2m $857k
Real Estate Tax Expense $25.6m $35.9m $36.7m $39.3m $43.5m $45.4m $44.9m $46.6m $46.0m $52.1m
Income Tax Expense (Benefit) ($105k) $1.0m $934k $1.5m $271k $93k $12k $301k $212k $412k