SEC Filings

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

 

 

 

 

 

Consolidated Income Statement

Supplemental Report – March 31, 2019

(in thousands)

 

 

 

 

 

 

 

 

March 31, 2019 1

 

CONSOLIDATED INCOME STATEMENT

 

Quarter

 

Revenues

 

 

 

 

Rental income

 

$

74,003

 

Expense reimbursements 2

 

 

 

Other

 

 

797

 

Total revenues

 

 

74,800

 

Operating expenses

 

 

 

 

Depreciation and amortization

 

 

30,333

 

General and administrative

 

 

8,323

 

Real estate taxes

 

 

9,603

 

Property operating

 

 

12,347

 

Total operating expenses

 

 

60,606

 

Operating income

 

 

14,194

 

Equity in earnings of unconsolidated affiliates

 

 

2,271

 

Interest income

 

 

2,270

 

Interest expense

 

 

(17,859

)

Income from continuing operations before income taxes

 

 

876

 

Income tax benefit

 

 

46

 

Income from continuing operations

 

 

922

 

Gain on disposition of properties, net of tax

 

 

2,014

 

Net income

 

 

2,936

 

Net loss attributable to noncontrolling interests

 

 

9,261

 

Net income attributable to Acadia

 

$

12,197

 

 

 

 

 

 

 

 

 

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