Acadia Realty Trust (AKR) Financial Statements (2025 and earlier)

Company Profile

Business Address 411 THEODORE FREMD AVENUE
RYE, NY 10580
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17,48117,15817,74619,23215,84521,268
Cash and cash equivalents17,48117,15817,74619,23215,84521,268
Total current assets:17,48117,15817,74619,23215,84521,268
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization58,63725,08625,08625,086102,055
Operating lease, right-of-use asset29,28637,28140,74376,26860,006
Property, plant and equipment895,478838,829750,772782,026769,914831,526
Long-term investments and receivables197,240294,192325,690253,489308,779266,410
Due from related parties3,0363,3643,6823,6824,000
Long-term investments197,240291,156322,326249,807305,097262,410
Intangible assets, net (including goodwill)100,594102,374108,918100,732116,820115,939
Intangible assets, net (excluding goodwill)100,594102,374108,918100,732116,820115,939
Other receivable, after allowance for credit loss2,631
Total noncurrent assets:1,283,8661,297,7621,251,2091,237,6011,357,5741,213,875
Other undisclosed assets2,989,8072,987,6622,992,7912,930,0492,935,6952,723,637
TOTAL ASSETS:4,291,1544,302,5824,261,7464,186,8824,309,1143,958,780
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,157,5982,053,7222,111,8112,138,3292,122,1491,876,833
Total liabilities:2,157,5982,053,7222,111,8112,138,3292,122,1491,876,833
Temporary equity, carrying amount50,33967,664    
Equity
Equity, attributable to parent1,636,9171,691,8321,521,6131,441,3141,542,3081,459,505
Common stock959589868782
Additional paid in capital1,953,5211,945,3221,754,3831,683,1651,706,3571,548,603
Accumulated other comprehensive income (loss)32,44246,817(36,214)(74,891)(31,175)516
Accumulated deficit(349,141)(300,402)(196,645)(167,046)(132,961)(89,696)
Equity, attributable to noncontrolling interest446,300489,364628,322607,239644,657622,442
Total equity:2,083,2172,181,1962,149,9352,048,5532,186,9652,081,947
TOTAL LIABILITIES AND EQUITY:4,291,1544,302,5824,261,7464,186,8824,309,1143,958,780

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues338,692326,290292,497255,484295,327262,213
Other income30,413(34,994)49,120113,9306,947 
Cost of revenue(107,817)(101,927)(98,873)(100,100)  
Cost of goods and services sold(61,826)(56,995)(53,516)(56,595)  
Gross profit:230,875224,363193,624155,384295,327262,213
Operating expenses(181,799)(213,294)(173,489)(271,446)(253,048)(234,672)
Other undisclosed operating income (loss) 57,16110,52168330,324 
Operating income (loss):49,07668,23030,656(115,379)72,60327,541
Nonoperating income
(Investment Income, Nonoperating)
50,406 58,185122,9097,98813,231
Interest and debt expense(93,253)(80,209)(68,048)(72,060)(73,788)(69,978)
Income (loss) from continuing operations before equity method investments, income taxes:6,229(11,979)20,793(64,530)6,803(29,206)
Income (loss) from equity method investments(7,677)(32,907)5,330(1,237)8,9229,302
Other undisclosed income (loss) from continuing operations before income taxes (20,353)  6,947 
Income (loss) from continuing operations before income taxes:(1,448)(65,239)26,123(65,767)22,672(19,904)
Income tax expense(301)(12)(93)(271)(1,468)(934)
Income (loss) from continuing operations:(1,749)(65,251)26,030(66,038)21,204(20,838)
Income (loss) before gain (loss) on sale of properties:26,030(66,038)21,204(20,838)
Other undisclosed net income      5,140
Net income (loss):(1,749)(65,251)26,030(66,038)21,204(15,698)
Net income (loss) attributable to noncontrolling interest13,38324,270(2,482)57,27931,841 
Net income (loss) attributable to parent:11,634(40,981)23,548(8,759)53,045(15,698)
Undistributed earnings (loss) allocated to participating securities, basic      
Other undisclosed net income available to common stockholders, basic8,2395,536   47,137
Net income (loss) available to common stockholders, diluted:19,873(35,445)23,548(8,759)53,04531,439

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(1,749)(65,251)26,030(66,038)21,204(15,698)
Net loss attributable to redeemable noncontrolling interest
Other comprehensive income (loss)(22,684)105,09051,907(59,033)(36,546)(2,588)
Comprehensive income (loss):(24,433)39,83977,937(125,071)(15,342)(18,286)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest8,2395,536(15,712)72,59636,69647,627
Other undisclosed comprehensive income, net of tax, attributable to parent21,6922,211    
Comprehensive income (loss), net of tax, attributable to parent:5,49847,58662,225(52,475)21,35429,341

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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