CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Real estate asset held for sale	$ 4,283,385	$ 4,283,385
Cash and cash equivalents	18,277,099	19,874,915
Other Assets	211,302	157,353
Total assets	22,771,786	24,315,653
LIABILITIES:
Accounts payable and accrued expenses	860,807	420,848
Due to affiliates	225,227	247,932
Liabilities related to real estate asset held for sale	18,660	2,612
Total liabilities	1,104,694	671,392
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Preferred shares, $.01 par value, 20,000,000 shares authorized, no shares issued and outstanding
Common shares, $.01 par value, 100,000,000 shares authorized, 20,536,904 and 20,159,285 shares issued and 20,464,187 and 20,086,568 shares outstanding at June 30, 2016 and December 31, 2015, respectively	205,369	201,593
Additional paid-in capital	44,446,600	44,205,575
Treasury shares, at cost 72,717 shares at June 30, 2016 and December 31, 2015, respectively	(71,332)	(71,332)
Accumulated deficit	(23,723,050)	(21,718,326)
Total ACRE Realty Investors Inc. shareholders' equity	20,857,587	22,617,510
Non-controlling interest - operating partnership	809,505	1,026,751
Total shareholders' equity	21,667,092	23,644,261
Total liabilities and shareholders' equity	$ 22,771,786	$ 24,315,653