CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Real estate asset held for sale	$ 4,283,385	$ 4,283,385
Cash and cash equivalents	15,662,192	16,638,702
Other Assets	260,623	125,436
Total assets	20,206,200	21,047,523
LIABILITIES:
Accounts payable and accrued expenses	460,400	479,683
Due to affiliates	208,063	217,076
Liabilities related to real estate asset held for sale	4,401	1,498
Total liabilities	672,864	698,257
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, 20,563,182 shares issued and 20,490,465 shares outstanding both at March 31, 2017 and December 31, 2016	205,632	205,632
Additional paid-in capital	44,495,305	44,485,281
Treasury shares, at cost 72,717 shares both at March 31, 2017 and December 31, 2016	(71,332)	(71,332)
Accumulated deficit	(25,801,910)	(25,005,431)
Total ACRE Realty Investors Inc. shareholders' equity	18,827,695	19,614,150
Non-controlling interest - operating partnership	705,641	735,116
Total shareholders' equity	19,533,336	20,349,266
Total liabilities and shareholders' equity	$ 20,206,200	$ 21,047,523