← ACADIA REALTY TRUST
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $72.8m |
$61.5m
-15.54%
|
$31.4m
-48.85%
|
$53.0m
+68.72%
|
($8.8m)
-116.51%
|
$23.5m
+368.84%
|
($35.4m)
-250.52%
|
$19.9m
+156.07%
|
$21.6m
+8.94%
|
$16.9m
-21.96%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $134.6m | $64.3m | ($15.7m) | $21.2m | ($66.0m) | $26.0m | ($65.3m) | ($1.7m) | $8.1m | ($40.0m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $61.8m | $2.8m | ($47.1m) | ($31.8m) | ($57.3m) | $2.5m | ($24.3m) | ($13.4m) | ($5.6m) | ($51.3m) | — | |
| Depreciation, Depletion and Amortization | $70.0m | $104.9m | $117.5m | $125.4m | $149.8m | $123.4m | $135.9m | $136.0m | $138.9m | $157.5m | $154.1m | |
| Amortization of Debt Issuance Costs | $3.2m | $6.0m | $6.0m | $7.6m | $5.2m | $4.4m | $5.6m | $6.5m | $8.0m | $8.4m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $135.9m | $136.0m | $138.9m | $157.5m | $154.1m | |
| Share-based Payment Arrangement, Noncash Expense | $13.7m | $11.2m | $12.9m | $11.0m | $10.9m | $12.4m | $11.1m | $12.8m | $12.8m | $11.6m | $15.7m | |
| Share-based Payment Arrangement, Expense | — | $200k | — | — | — | — | — | $200k | $0 | $100k | $15.7m | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | $1.6m | ($4.3m) | ($317k) | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | $1.6m | ($4.3m) | ($317k) | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $33.3m | $3.7m | $1.7m | $37.2m | $12.6m | |
| Income (Loss) from Equity Method Investments | $39.4m | $23.4m | $9.3m | $8.9m | ($1.2m) | $5.3m | ($32.9m) | ($7.7m) | $15.2m | ($7.7m) | — | |
| Other Nonoperating Income (Expense) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $32.9m | $7.7m | ($15.2m) | $7.7m | ($10.6m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($10.5m) | $1.6m | ($37.9m) | ($18.7m) | ($29.4m) | |
| Increase (Decrease) in Accounts Receivable | $4.8m | $11.3m | $10.0m | $455k | $29.8m | ($7.4m) | ($1.6m) | ($2.5m) | $6.7m | $5.6m | $4.5m | |
| Change In Receivables | — | — | — | — | — | — | $1.6m | $2.5m | ($6.7m) | ($5.6m) | $4.5m | |
| Changes In Account Receivables | — | — | — | — | — | — | $1.6m | $2.5m | ($6.7m) | ($5.6m) | $4.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($2.1m) | $2.0m | ($2.9m) | ($6.1m) | ($8.1m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($6.4m) | $11.8m | ($8.8m) | ($14.1m) | ($20.7m) | |
| Net Cash Provided by (Used in) Operating Activities | $111.8m |
$119.8m
+7.22%
|
$96.1m
-19.83%
|
$127.2m
+32.37%
|
$102.6m
-19.35%
|
$105.0m
+2.36%
|
$133.2m
+26.89%
|
$155.8m
+16.93%
|
$140.4m
-9.83%
|
$167.0m
+18.89%
|
$165.9m
-0.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | $58.6m | $0 | ($834k) | $2.5m | ($149.6m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $82.0m | $48.9m | — | — | — | — | — | — | — | — | ($149.6m) | |
| Gain (Loss) on Investments | — | — | — | — | $113.9m | $49.1m | ($35.0m) | $30.4m | ($5.0m) | ($96k) | ($2.5m) | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | — | $4.6m | $14.2m | $14.5m | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $72.4m | $51.9m | ($37.8m) | $1.6m | ($4.2m) | ($317k) | $1.9m | |
| Net Other Investing Changes | — | — | — | — | — | — | $21.5m | ($10.4m) | ($11.6m) | ($33.5m) | ($20.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($611.0m) | $10.1m | ($136.6m) | ($397.1m) | ($96.2m) | ($198.5m) | ($124.2m) | ($208.5m) | ($170.7m) | ($450.5m) | $212.4m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $18.3m | $0 | $0 | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.1b | $416.9m | $527.6m | $991.1m | $781.6m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.1b | $416.9m | $527.6m | $991.1m | $781.6m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.1b) | ($322.0m) | ($863.2m) | ($823.1m) | ($946.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($50.3m) | $94.9m | ($335.6m) | $168.0m | ($164.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($50.3m) | $94.9m | ($335.6m) | $168.0m | ($164.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.1b) | ($322.0m) | ($863.2m) | ($823.1m) | ($946.0m) | |
| Payments of Ordinary Dividends, Common Stock | $91.3m | $99.5m | $88.9m | $93.9m | $50.2m | $39.5m | $64.6m | $68.6m | $76.3m | $101.3m | ($105.3m) | |
| Proceeds from Issuance of Common Stock | — | — | — | $145.5m | ($22.4m) | $63.9m | $119.5m | $0 | $459.9m | $277.5m | $127.3m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($64.6m) | ($68.6m) | ($76.3m) | ($101.3m) | ($105.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $119.5m | $0 | $459.9m | $277.5m | $127.3m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $119.5m | $0 | $459.9m | $277.5m | $127.3m | |
| Dividends Payable | $36.6m | $24.2m | $24.6m | $27.1m | $147k | $14.5m | $18.4m | $18.5m | $24.5m | $28.5m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($64.6m) | ($68.6m) | ($76.3m) | ($101.3m) | ($105.3m) | |
| Dividend Received CFO | — | — | — | — | — | — | $24.2m | $3.8m | $22.9m | $4.2m | $17.5m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($9.0m) | $19.5m | ($3.4m) | ($43.5m) | ($254.4m) | |
| Net Cash Provided by (Used in) Financing Activities | $498.2m |
($126.9m)
-125.47%
|
($10.3m)
+91.90%
|
$265.0m
+2678.73%
|
($2.4m)
-100.92%
|
$91.3m
+3837.99%
|
($4.4m)
-104.79%
|
$45.9m
+1147.81%
|
$44.6m
-2.68%
|
$300.7m
+573.79%
|
($396.9m)
-232.00%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $27.6m | $32.2m | $25.3m | $39.7m | $67.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $34.8m | $30.0m | $33.9m | $27.6m | $32.2m | $25.3m | $39.7m | $56.9m | $49.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $42.3m | $49.9m | $61.8m | $53.6m | $72.4m | $44.7m | $65.1m | $119.5m | $118.7m | $108.7m | — | |
| Income Taxes Paid, Net | $2.0m | $875k | $1.2m | $730k | ($329k) | $147k | $11k | $301k | $212k | $414k | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Properties | — | — | $5.1m | $30.3m | $683k | $10.5m | $57.2m | $0 | ($834k) | $2.5m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | $3.6m | $0 | $0 | — | — | — | |
| General and Administrative Expense | $40.6m | $33.8m | $34.3m | $35.4m | $36.1m | $40.1m | $44.1m | $41.5m | $40.6m | $45.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $72.8m | $61.5m | $31.4m | $53.0m | ($8.8m) | $23.5m | ($35.4m) | $19.9m | $21.6m | $16.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $52.6m | $15.4m | ($20.8m) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($105k) | $1.0m | $934k | $1.5m | $271k | $93k | $12k | $301k | $212k | $412k | — | |
| Investment Income, Interest | — | — | $13.2m | $8.0m | $9.0m | $9.1m | $14.6m | $20.0m | $25.1m | $23.7m | — | |
| Operating Expenses | $168.1m | $232.9m | $234.7m | $253.0m | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($4.6m) | ($3.3m) | ($71k) | $872k | ($15.2m) | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | $7.3m | $9.2m | $15.6m | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $295.1m | $85.2m | $47.6m | $161.6m | $52.7m | $30.2m | $109.4m | $59.9m | $51.1m | $18.8m | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | — | $65.9m | $796k | $0 | $0 | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | $381k | $725k | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | — | ($366k) | — | |
| Real Estate Tax Expense | $25.6m | $35.9m | $36.7m | $39.3m | $43.5m | $45.4m | $44.9m | $46.6m | $46.0m | $52.1m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | — | — | ($12.9m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($4.4m) | $45.9m | $44.6m | $300.7m | ($396.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($124.2m) | ($208.5m) | ($170.7m) | ($450.5m) | $212.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $4.7m | ($6.9m) | $14.4m | $17.2m | — | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($3.5m) | ($14.8m) | ($19.5m) | $7.1m | ($5.2m) | |
| Changes In Cash | — | — | — | — | — | — | $4.7m | ($6.9m) | $14.4m | $17.2m | ($18.6m) | |
| End Cash Position | — | — | — | — | — | — | $32.2m | $25.3m | $39.7m | $56.9m | $49.2m | |
| Financing Cash Flow | — | — | — | — | — | — | ($4.4m) |
$45.9m
+1147.81%
|
$44.6m
-2.68%
|
$300.7m
+573.79%
|
($396.9m)
-232.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | $133.2m | $155.8m | $140.4m | $167.0m | $165.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($10.5m) | ($58.6m) | — | $834k | ($2.5m) | ($2.5m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | — | $0 | $0 | $9.6m | $9.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($124.2m) | ($208.5m) | ($170.7m) | ($450.5m) | $212.4m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($73.3m) | ($9.2m) | ($9.2m) | $11.3m | ($36.6m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($67.8m) | ($193.5m) | ($164.2m) | ($442.8m) | $260.7m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($4.5m) | $4.6m | $14.3m | $14.5m | $9.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($25.7m) | $7.7m | ($14.3m) | $14.8m | ($149.6m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($7.2m) | ($5.2m) | $4.1m | $78k | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | ($394k) | ($1.2m) | $0 | $0 | $0 | |
| Purchase Of Business | — | — | — | — | — | — | ($154.7m) | ($53.7m) | ($33.8m) | ($9.0m) | ($72.1m) | |
| Purchase Of Investment | — | — | — | — | — | $0 | ($4.5m) | $0 | $0 | — | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($294.4m) | ($196.1m) | ($253.3m) | ($531.8m) | $0 | |
| Sale Of Business | — | — | — | — | — | — | $81.4m | $44.5m | $24.6m | $20.3m | $35.5m | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $4.6m | $14.3m | $14.5m | $9.0m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $226.6m | $2.6m | $89.1m | $89.1m | $9.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $11.1m | $12.8m | $12.8m | $11.6m | $15.7m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $37.8m | ($1.6m) | $4.2m | $317k | $1.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.