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Acadia Realty Trust AKR Development In Process Transfers Out

Discontinued — last reported Q1 '24

Segments

By segment

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REIT Portfolio-$1.08M

Other financials

Income statement

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Revenue$95.4M-5.1%
Operating income$22.7M+2,883%
Net income$22.8M+209%
EPS (diluted)$0.05+400%

Balance sheet

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Cash & equivalents$33.0M-23.0%
Total debt$56.3M-5.7%
Total equity$2.3B+3.0%
Total assets$4.6B-5.3%

Cash flow

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Operating cash flow$58.3M-10.1%

Valuation

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Market cap$2.84B+12.8%
Enterprise value$2.87B+13.0%
P/E13.5×
P/S7.1×+1.2×

Profitability

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Operating margin12.9%-1.3pp
Net margin-5%-1.6pp
FCF margin1.9%

Returns & leverage

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Return on equity9.2%+8.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Acadia Realty Trust in its filing.

Tagged under the XBRL concept akr:DevelopmentInProcessTransfersOut.

The source filing: Acadia Realty Trust’s 10-Q, filed April 30, 2024.

Filed
Apr 30, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0000950170-24-050536
Line itemJanuary 1, 2024 / Number of PropertiesJanuary 1, 2024 / Carrying ValueThree Months Ended March 31, 2024 / Transfers InThree Months Ended March 31, 2024 / Capitalized CostsThree Months Ended March 31, 2024 / Transfers OutMarch 31, 2024 / Number of PropertiesMarch 31, 2024 / Carrying Value
Core2$66,083$1,615267,698
Fund III128,716180128,896
Total3$94,799$1,7953$96,594

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Acadia Realty Trust's development in process transfers out?
Acadia Realty Trust (AKR) reported development in process transfers out of $0 in Q1 2024.
How has Acadia Realty Trust's development in process transfers out changed year-over-year?
Acadia Realty Trust's development in process transfers out increased by 100.0% year-over-year, from -$69.92M to $0.

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