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Consolidated balance sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
ASSETS
Operating real estate, net
Real estate under development
Net investments in real estate
Notes receivable, net ($2,176 and $1,638 of allowance for credit losses as of March 31, 2026 and December 31,2025, respectively)
Investments in and advances to unconsolidated affiliates
Other assets, net
Right-of-use assets - operating leases, net
Cash and cash equivalents
Restricted cash
Marketable securities
Rents receivable, net
Assets of property held for sale
Total assets
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other notes payable, net
Unsecured notes payable, net
Unsecured line of credit
Accounts payable and other liabilities
Lease liabilities - operating leases
Dividends and distributions payable
Distributions in excess of income from, and investments in, unconsolidated affiliates
Liabilities of properties held for sale
Total liabilities
Redeemable noncontrolling interests (Note 10)
Equity:
Acadia Shareholders' Equity
Common shares, $0.001 par value per share, authorized 200,000,000 shares, issued and outstanding 133,513,864 and 131,036,560 shares as of March 31, 2026 and December 31,2025, respectively
Additional paid-in capital
Accumulated other comprehensive income
Distributions in excess of accumulated earnings
Total Acadia shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities, redeemable noncontrolling interests, and equity

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