SEC Filings

8-K
ACADIA REALTY TRUST filed this Form 8-K on 02/19/2019
Entire Document
 

 

 

Balance Sheet – Pro-rata Adjustments7

Supplemental Report – December 31, 2018

(in thousands)

 

 

 

ASSETS

 

Noncontrolling

Interest in

Consolidated

Subsidiaries 4

 

 

Company’s

Interest in

Unconsolidated

Subsidiaries 5

 

Real estate

 

 

 

 

 

 

 

 

Land

 

$

(183,275

)

 

$

84,032

 

Buildings and improvements

 

 

(950,218

)

 

 

352,256

 

Construction in progress

 

 

(18,825

)

 

 

323

 

Properties under capital lease

 

 

 

 

 

 

 

 

 

(1,152,318

)

 

 

436,611

 

Less: accumulated depreciation

 

 

62,156

 

 

 

(64,501

)

Operating real estate, net

 

 

(1,090,162

)

 

 

372,110

 

Real estate under development

 

 

(81,655

)

 

 

(4

)

Net investments in real estate

 

 

(1,171,817

)

 

 

372,106

 

Notes receivable, net

 

 

(39,752

)

 

 

 

Investments in and advances to unconsolidated affiliates

 

 

(25,404

)

 

 

(236,650

)

Lease intangibles, net

 

 

(43,184

)

 

 

10,364

 

Other assets, net

 

 

(1,311

)

 

 

19,443

 

Cash and cash equivalents

 

 

(9,347

)

 

 

4,513

 

Straight-line rents receivable, net

 

 

(14,283

)

 

 

5,584

 

Rents receivable, net

 

 

(4,845

)

 

 

3,337

 

Restricted cash

 

 

(9,847

)

 

 

876

 

Total Assets

 

$

(1,319,790

)

 

$

179,573

 

 

 

 

 

 

 

 

 

 

LIABILITIES AND SHAREHOLDERS' EQUITY

 

 

 

 

 

 

 

 

Mortgage and other notes payable, net

 

$

(611,259

)

 

$

162,652

 

Unsecured notes payable, net

 

 

(142,191

)

 

 

 

Unsecured line of credit

 

 

 

 

 

 

Accounts payable and other liabilities

 

 

(51,728

)

 

 

22,379

 

Lease intangibles, net

 

 

(23,611

)

 

 

10,165

 

Capital lease obligation

 

 

 

 

 

 

Dividends and distributions payable

 

 

 

 

 

 

Distributions in excess of income from, and investments in, unconsolidated affiliates

 

 

 

 

 

(15,623

)

Total Liabilities

 

 

(828,789

)

 

 

179,573

 

Shareholders' equity

 

 

 

 

 

 

 

 

Common shares

 

 

 

 

 

 

Additional paid-in capital

 

 

 

 

 

 

Accumulated other comprehensive income

 

 

 

 

 

 

Distributions in excess of accumulated earnings

 

 

 

 

 

 

Total Acadia shareholders' equity

 

 

 

 

 

 

Noncontrolling interests

 

 

(491,001

)

 

 

 

Total Shareholders' Equity

 

 

(491,001

)

 

 

 

Total Liabilities and Shareholders' Equity

 

$

(1,319,790

)

 

$

179,573

 

 

 

 

 

 

 

 

 

 

 


 

9