SEC Filings

8-K
ACADIA REALTY TRUST filed this Form 8-K on 04/25/2019
Entire Document
 

 

ACADIA REALTY TRUST AND SUBSIDIARIES

Reconciliation of Consolidated Net Income to Funds From Operations (a, d)  

(dollars and Common Shares and Units in thousands, except per share data)

 

 

 

Three Months Ended

March 31,

 

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

Net income attributable to Acadia

 

$

12,197

 

 

$

7,419

 

 

 

 

 

 

 

 

 

 

Depreciation of real estate and amortization of leasing costs (net of

   noncontrolling interests' share)

 

 

21,999

 

 

 

21,085

 

Gain on disposition of properties (net of noncontrolling interests’ share)

 

 

(384

)

 

 

 

Income attributable to Common OP Unit holders

 

 

795

 

 

 

477

 

Distributions - Preferred OP Units

 

 

135

 

 

 

135

 

Funds from operations attributable to Common Shareholders and Common OP Unit holders

 

$

34,742

 

 

$

29,116

 

 

 

 

 

 

 

 

 

 

Funds From Operations per Share - Diluted

 

 

 

 

 

 

 

 

Weighted average number of Common Shares and Common OP Units (e)

 

 

87,969

 

 

 

89,067

 

Diluted Funds from operations, per Common Share and Common OP Unit

 

$

0.39

 

 

$

0.33

 

 

6