Rental Income was Acadia Realty Trust’s largest product and service line in fiscal 2016, bringing in $152.81M of $189.94M (80%).
| Product and Service | FY 2016 |
|---|---|
| Rental Income | $152.81M |
| Expense Reimbursements | $32.28M |
| Other | $4.84M |
| Total | $189.94M |
Acadia Realty Trust brought in $189.94M from its three product and service lines in fiscal 2016, the year ended December 31, 2016. Rental Income was the largest at $152.81M (80.5%), ahead of Expense Reimbursements at $32.28M (17.0%) and Other at $4.84M (2.5%).
Core Portfolio was Acadia Realty Trust’s largest segment in fiscal 2019, bringing in $173.18M of $289.59M (60%).
| Statement Business Segments (2) | FY 2009 | FY 2010 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Core Portfolio | $150.21M | $168.80M | $166.82M | $173.18M | ||||||
| Opportunity Funds | $39.73M | $79.76M | $92.87M | $116.41M | ||||||
| Other | — | — | — | — | ||||||
| Notes Receivable | — | — | — | — | ||||||
| Self Storage Investments | — | — | — | — | ||||||
| Amounts Eliminated In Consolidation | — | — | — | — | ||||||
| Total | $189.94M | $248.55M | $259.68M | $289.59M |
Acadia Realty Trust brought in $289.59M from its two segments in fiscal 2019, the year ended December 31, 2019. That was up 11.5% from $259.68M in fiscal 2018. Core Portfolio was the largest at $173.18M (59.8%), ahead of Opportunity Funds at $116.41M (40.2%).
Compared with fiscal 2018, Opportunity Funds grew 25.4% to $116.41M and Core Portfolio grew 3.8% to $173.18M. From fiscal 2016 to 2019, combined revenue from these segments grew from $189.94M to $289.59M, a compound annual growth rate of 15.1%. Core Portfolio's share of the total fell from 79.1% to 59.8%.
Acadia Realty Trust (AKR) reports its revenue by product and service and by statement business segments (2). In fiscal 2016, Rental Income was its largest product and service line, bringing in $152.81M (80.5% of the total), followed by Expense Reimbursements at $32.28M (17.0%).
Rental Income was Acadia Realty Trust's largest product and service line in fiscal 2016, bringing in $152.81M, or 80.5% of the $189.94M total across its three product and service lines.
Core Portfolio was Acadia Realty Trust's largest segment in fiscal 2019, bringing in $173.18M, or 59.8% of the $289.59M total across its two segments.
Opportunity Funds grew faster than Core Portfolio in fiscal 2019, up 25.4% from $92.87M to $116.41M. Core Portfolio grew 3.8% to $173.18M.
Every figure comes from Acadia Realty Trust's annual financial filings, as reported. Each line keeps the name Acadia Realty Trust gives it, and years follow its fiscal calendar.
Acadia Realty Trust's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2016. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.