| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -43,554 | -32,599 |
| Depreciation and amortization | 117,593 | 78,709 |
| Gain (loss) on disposition of properties and other investments | 2,515 | 0 |
| Net unrealized holding losses on investments | -508 | 1,543 |
| Stock compensation expense | 8,664 | 5,650 |
| Straight-line rents | 2,691 | 951 |
| Equity in losses (earnings) of unconsolidated affiliates | -9,598 | -5,904 |
| Distributions of operating income from unconsolidated affiliates | 2,054 | 1,472 |
| Amortization of financing costs | 6,600 | 4,137 |
| Non-cash lease expense | 3,063 | 2,007 |
| Loss on change in control | -9,622 | -9,622 |
| Impairment charges | 37,210 | 24,640 |
| Other, net | 7,673 | 5,250 |
| Rents receivable | 5,874 | 3,969 |
| Other liabilities | -8,638 | -7,252 |
| Accounts payable and accrued expenses | -2,207 | -2,938 |
| Prepaid expenses and other assets | -6,270 | -15,084 |
| Lease liabilities - operating leases | -3,035 | -2,023 |
| Net cash provided by operating activities | 124,995 | 90,700 |
| Acquisitions of real estate | 406,907 | 344,647 |
| Proceeds from the disposition of properties and other investments, net | 61,533 | 0 |
| Investments in unconsolidated affiliates | 6,964 | 5,229 |
| Development, construction and property improvement costs | 86,638 | 47,528 |
| Refund (payment) for properties under purchase contract | 11,500 | - |
| Refund for properties under purchase contract | - | 11,125 |
| Increase in cash and restricted cash upon change of control | 6,777 | 6,777 |
| Return of capital from unconsolidated affiliates | 9,734 | 4,639 |
| Payment of deferred leasing costs | 9,828 | 5,908 |
| Proceeds from sale of marketable securities | 9,761 | 5,406 |
| Proceeds from repayment of note receivable | 807 | 807 |
| Deposits for properties under purchase contract | - | 0 |
| Issuance of note receivable | 20,211 | 20,141 |
| Net cash used in investing activities | -430,436 | -394,699 |
| Proceeds from unsecured debt | 1,091,200 | 837,700 |
| Principal payments on unsecured debt | 790,200 | 623,200 |
| Proceeds from issuances of common shares | 277,519 | 277,519 |
| Capital contributions from noncontrolling interests | 14,424 | 8,378 |
| Principal payments on mortgage and other notes | 192,309 | 107,399 |
| Proceeds received from mortgage and other notes | 60,336 | 3,321 |
| Distributions to noncontrolling interests | 30,402 | 12,803 |
| Dividends paid to common shareholders | 75,128 | 48,926 |
| Payment of deferred financing and other costs | 5,359 | 2,863 |
| Acquisition of noncontrolling interest | 9,865 | - |
| Payments of finance lease obligations | -557 | -378 |
| Net cash provided by (used in) financing activities | 340,773 | 332,105 |
| Increase in cash and cash equivalents and restricted cash | 35,332 | 28,106 |
| Cash and cash equivalents at beginning of period | 39,703 | - |
| Cash and cash equivalents at end of period | 75,035 | - |
ACADIA REALTY TRUST (AKR)
ACADIA REALTY TRUST (AKR)