SEC Filings

10-Q
ACADIA REALTY TRUST filed this Form 10-Q on 04/25/2019
Entire Document
 

ACADIA REALTY TRUST AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

 

Dividends and Distributions

On November 15, 2018, the Board of Trustees declared a $0.28 per Common Share, which was an increase of $0.01 to the regular quarterly cash dividend and was paid on January 15, 2019 to holders of record as of December 31, 2018.

On February 28, 2019, the Board of Trustees declared $0.28 per Common Share regular quarterly cash dividend, which was paid on April 15, 2019 to holders of record as of March 29, 2019.

Accumulated Other Comprehensive Income

The following table sets forth the activity in accumulated other comprehensive income for the three months ended March 31, 2019 and 2018 (in thousands):

 

 

 

Gains or Losses

on Derivative

Instruments

 

Balance at January 1, 2019

 

$

516

 

 

 

 

 

 

Other comprehensive loss before reclassifications

 

 

(13,306

)

Reclassification of realized interest on swap agreements

 

 

(551

)

Net current period other comprehensive loss

 

 

(13,857

)

Net current period other comprehensive loss attributable to noncontrolling

   interests

 

 

2,320

 

Balance at March 31, 2019

 

$

(11,021

)

 

 

 

 

 

Balance at January 1, 2018

 

$

2,614

 

 

 

 

 

 

Other comprehensive income before reclassifications

 

 

5,653

 

Reclassification of realized interest on swap agreements

 

 

363

 

Net current period other comprehensive income

 

 

6,016

 

Net current period other comprehensive income attributable to noncontrolling

   interests

 

 

(1,254

)

Balance at March 31, 2018

 

$

7,376

 

 

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