---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-003255"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:37:34.854681+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acadia Realty Trust reports Q4 2022 FFO Before Special Items $0.27; guides 2023 FFO $1.17-$1.26

## Summary
- Q4 2022 NAREIT FFO $0.21/share; FFO Before Special Items $0.27/share; net income $3.8M ($0.04/share).
- Full year 2022 net loss $38.1M ($0.40/share) due to $58.5M impairment and $15.2M unrealized loss on Albertsons.
- Core Portfolio same-property NOI growth 5.7% in Q4 and 6.3% for full year, exceeding 4-6% guidance.
- Leased rate 94.9%, occupied 92.7% as of Dec 31, 2022; GAAP leasing spreads 10.2% on renewals.
- 2023 guidance: EPS $0.14-$0.23, FFO Before Special Items $1.17-$1.26, same-property NOI growth 5-6%.

## SEC filing metadata
- accession: 0000950170-23-003255
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000095017023003255/0000950170-23-003255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000095017023003255/akr-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-003255
- JSON: https://secwatch.observer/filing/0000950170-23-003255.json
- Plain text: https://secwatch.observer/filing/0000950170-23-003255.txt

## Key facts
- Earnings Releases
  ACADIA REALTY TRUST reported the quarter and year ended December 31, 2022 results: net income net earnings per share was $0.04 and for the year ended December 31, 2022, net loss per share was $0.40, EPS $0.04.
  - Period: the quarter and year ended December 31, 2022
  - Net income: net earnings per share was $0.04 and for the year ended December 31, 2022, net loss per share was $0.40
  - EPS: $0.04
  - Result: reported results
  source text: Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter and year ended December 31, 2022. For the quarter ended December 31, 2022, net earnings per share was $0.04 and for the year ended December 31, 2022, net loss per share was $0.40
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000095017023003255/0000950170-23-003255-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.