Acadia Realty Trust Announces Tax Reporting Information for 2005 Distributions.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Acadia Realty Trust (NYSE NYSE See: New York Stock Exchange :AKR AKR Auroral Kilometric Radiation AKR Vehicle Cargo Ship AKR Address Key Register AKR Anime Kingdom Rebirth ) announced today the Federal tax treatment for 2005 distributions to holders of its common shares of beneficial interest ("Common Shares"). The income tax treatment for the 2005 distributions for Acadia Realty Trust, Common Share CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. # 004239109 traded on the NYSE under ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "AKR" is as follows:
Nontaxable
Total Taxable Unrecaptured Return
Record Payable Distribution Ordinary Section 1250 of
Date Date Per Share Dividend Gain Capital
----------- ----------- ------------ --------- ------------ ----------
12/31/2004 1/14/2005 $0.17250 $0.16413 $0.00544 $0.00293
3/31/2005 4/15/2005 $0.17250 $0.16413 $0.00544 $0.00293
6/30/2005 7/15/2005 $0.17250 $0.16413 $0.00544 $0.00293
9/30/2005 10/14/2005 $0.17250 $0.16413 $0.00544 $0.00293
12/30/2005 1/13/2006 $0.06761 $0.06433 $0.00213 $0.00115
Notes: The Company paid a distribution of $0.185 per share on January 13, 2006 to shareholders of record as of December 30, 2005. The above amounts reflect that portion of the distribution that is reportable in 2005. The remaining portion will be reportable in 2006. Shareholders are encouraged to consult with their personal tax advisors A tax advisor is a financial expert especially trained in tax law. Some countries require tax advisors to verify the balance sheets of companies above a certain size. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in as to their specific tax treatment of Acadia Realty Trust's distributions. Acadia Realty Trust, headquartered in White Plains, NY, is a fully integrated and self-managed real estate investment trust which specializes in the acquisition, redevelopment and operation of shopping centers which are anchored by grocery and value-oriented retail. Certain matters in this press release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of federal securities law and as such may involve known and unknown risk, uncertainties and other factors which may cause the actual results, performances or achievements of Acadia to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such forward-looking statements speak only as of the date of this document. Acadia expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Acadia's expectations with regard thereto or change in events, conditions or circumstances on which any such statement is based. The Company also refers you to the documents filed by the Company, from time to time, with the Securities and Exchange Commission, including without limitation the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , for a discussion of such risks and uncertainties. For more information on Acadia Realty Trust, visit the Company's Web site at www.acadiarealty.com. |
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