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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 152,146us-gaap_ProfitLoss $ 44,640us-gaap_ProfitLoss $ 89,936us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 49,645us-gaap_DepreciationDepletionAndAmortization 43,071us-gaap_DepreciationDepletionAndAmortization 38,769us-gaap_DepreciationDepletionAndAmortization
Amortization of financing costs 3,003us-gaap_AmortizationOfFinancingCosts 3,082us-gaap_AmortizationOfFinancingCosts 3,569us-gaap_AmortizationOfFinancingCosts
Gain on sale of property (14,360)akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax (18,802)akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax (71,203)akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax
Loss on debt extinguishment 335akr_GainsLossesOnExtinguishmentOfDebtContinuingOperationsAndDiscontinuedOperations 1,565akr_GainsLossesOnExtinguishmentOfDebtContinuingOperationsAndDiscontinuedOperations 2,739akr_GainsLossesOnExtinguishmentOfDebtContinuingOperationsAndDiscontinuedOperations
Gain on involuntary conversion of asset 0akr_GainLossOnInvoluntaryAssetConversion 0akr_GainLossOnInvoluntaryAssetConversion (2,368)akr_GainLossOnInvoluntaryAssetConversion
Reserve for notes receivable 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 405us-gaap_ProvisionForLoanLeaseAndOtherLosses
Impairment of asset 0us-gaap_ImpairmentOfRealEstate 8,183us-gaap_ImpairmentOfRealEstate 0us-gaap_ImpairmentOfRealEstate
Share compensation expense 6,744us-gaap_ShareBasedCompensation 7,667us-gaap_ShareBasedCompensation 3,350us-gaap_ShareBasedCompensation
Equity in earnings of unconsolidated affiliates (8,723)akr_EquityMethodInvestmentsIncomeLossRealizedGainLossAndOtherThanTemporaryInvestment (12,382)akr_EquityMethodInvestmentsIncomeLossRealizedGainLossAndOtherThanTemporaryInvestment 1,482akr_EquityMethodInvestmentsIncomeLossRealizedGainLossAndOtherThanTemporaryInvestment
Gain on disposition of properties of unconsolidated affiliates (102,855)us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal 0us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal (3,061)us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal
Distributions of operating income from unconsolidated affiliates 9,579us-gaap_ProceedsFromContributionsFromAffiliates 9,829us-gaap_ProceedsFromContributionsFromAffiliates 3,733us-gaap_ProceedsFromContributionsFromAffiliates
Other, net (4,147)us-gaap_OtherNoncashIncomeExpense (4,771)us-gaap_OtherNoncashIncomeExpense 278us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities      
Cash in escrow (686)akr_IncreaseDecreaseInEscrowDeposit 218akr_IncreaseDecreaseInEscrowDeposit 2,035akr_IncreaseDecreaseInEscrowDeposit
Rents receivable, net (8,097)us-gaap_IncreaseDecreaseInAccountsReceivable 997us-gaap_IncreaseDecreaseInAccountsReceivable (6,757)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets 852us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (22,524)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 1,033us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses (4,016)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 5,586us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (5,648)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other liabilities 3,099us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,126)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 709us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 82,519us-gaap_NetCashProvidedByUsedInOperatingActivities 65,233us-gaap_NetCashProvidedByUsedInOperatingActivities 59,001us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of real estate (250,353)us-gaap_PaymentsToAcquireRealEstate (220,041)us-gaap_PaymentsToAcquireRealEstate (241,894)us-gaap_PaymentsToAcquireRealEstate
Redevelopment and property improvement costs (140,118)us-gaap_PaymentsForCapitalImprovements (106,883)us-gaap_PaymentsForCapitalImprovements (88,787)us-gaap_PaymentsForCapitalImprovements
Deferred leasing costs (3,914)akr_DeferredAcquisitionAndLeasingCost (4,617)akr_DeferredAcquisitionAndLeasingCost (7,275)akr_DeferredAcquisitionAndLeasingCost
Insurance proceeds from involuntary conversion of asset 0us-gaap_ProceedsFromInsuranceSettlementInvestingActivities 0us-gaap_ProceedsFromInsuranceSettlementInvestingActivities 3,672us-gaap_ProceedsFromInsuranceSettlementInvestingActivities
Investments in and advances to unconsolidated affiliates (156,972)us-gaap_PaymentsToAcquireEquityMethodInvestments (56,171)us-gaap_PaymentsToAcquireEquityMethodInvestments (160,888)us-gaap_PaymentsToAcquireEquityMethodInvestments
Return of capital from unconsolidated affiliates 74,371akr_ReturnOfCapitalFromUnconsolidatedAffiliates 108,899akr_ReturnOfCapitalFromUnconsolidatedAffiliates 22,296akr_ReturnOfCapitalFromUnconsolidatedAffiliates
Proceeds from disposition of properties of unconsolidated affiliates 190,356akr_ProceedsFromDispositionOfPropertiesOfEquityMethodInvestments 0akr_ProceedsFromDispositionOfPropertiesOfEquityMethodInvestments 0akr_ProceedsFromDispositionOfPropertiesOfEquityMethodInvestments
Consolidation of previously unconsolidated investment 0akr_ConsolidationofPreviouslyUnconsolidatedInvestment 1,864akr_ConsolidationofPreviouslyUnconsolidatedInvestment 0akr_ConsolidationofPreviouslyUnconsolidatedInvestment
Proceeds from notes receivable 18,095us-gaap_ProceedsFromCollectionOfNotesReceivable 29,583us-gaap_ProceedsFromCollectionOfNotesReceivable 25,388us-gaap_ProceedsFromCollectionOfNotesReceivable
Issuance of notes receivable (31,169)us-gaap_PaymentsToAcquireNotesReceivable (45,050)us-gaap_PaymentsToAcquireNotesReceivable (108,629)us-gaap_PaymentsToAcquireNotesReceivable
Proceeds from disposition of properties 31,188us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 204,537us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 419,372us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Net cash used in investing activities (268,516)us-gaap_NetCashProvidedByUsedInInvestingActivities (87,879)us-gaap_NetCashProvidedByUsedInInvestingActivities (136,745)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES      
Principal payments on mortgage and other notes (176,323)us-gaap_RepaymentsOfSecuredDebt (437,257)us-gaap_RepaymentsOfSecuredDebt (549,095)us-gaap_RepaymentsOfSecuredDebt
Proceeds received on mortgage and other notes 284,303us-gaap_ProceedsFromIssuanceOfSecuredDebt 572,443us-gaap_ProceedsFromIssuanceOfSecuredDebt 433,815us-gaap_ProceedsFromIssuanceOfSecuredDebt
Loan proceeds held as restricted cash 79,191us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities (109,795)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Purchase of convertible notes payable 0akr_RedemptionOfConvertibleNotesPayable (550)akr_RedemptionOfConvertibleNotesPayable 0akr_RedemptionOfConvertibleNotesPayable
Deferred financing and other costs (3,672)us-gaap_PaymentOfFinancingAndStockIssuanceCosts (11,741)us-gaap_PaymentOfFinancingAndStockIssuanceCosts (6,772)us-gaap_PaymentOfFinancingAndStockIssuanceCosts
Capital contributions from noncontrolling interests 57,970us-gaap_ProceedsFromMinorityShareholders 49,324us-gaap_ProceedsFromMinorityShareholders 172,228us-gaap_ProceedsFromMinorityShareholders
Distributions to noncontrolling interests (221,330)us-gaap_PaymentsToMinorityShareholders (88,975)us-gaap_PaymentsToMinorityShareholders (161,765)us-gaap_PaymentsToMinorityShareholders
Dividends paid to Common Shareholders (53,210)us-gaap_PaymentsOfDividendsCommonStock (44,115)us-gaap_PaymentsOfDividendsCommonStock (32,143)us-gaap_PaymentsOfDividendsCommonStock
Proceeds from issuance of Common Shares, net of issuance costs of $2,112, $1,645, and $3,054 respectively 357,459akr_ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts 80,688akr_ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts 223,477akr_ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts
Net cash provided by financing activities 324,388us-gaap_NetCashProvidedByUsedInFinancingActivities 10,022us-gaap_NetCashProvidedByUsedInFinancingActivities 79,745us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (decrease) in cash and cash equivalents 138,391us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (12,624)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 2,001us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 79,189us-gaap_CashAndCashEquivalentsAtCarryingValue 91,813us-gaap_CashAndCashEquivalentsAtCarryingValue 89,812us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 217,580us-gaap_CashAndCashEquivalentsAtCarryingValue 79,189us-gaap_CashAndCashEquivalentsAtCarryingValue 91,813us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information      
Cash paid during the period for interest, net of capitalized interest of $12,650, $9,193, and $5,955, respectively 46,542us-gaap_InterestPaidNet 41,543us-gaap_InterestPaidNet 32,327us-gaap_InterestPaidNet
Cash paid for income taxes, net of refunds received of $2,045, $0 and $0, respectively (1,772)us-gaap_IncomeTaxesPaidNet 301us-gaap_IncomeTaxesPaidNet 941us-gaap_IncomeTaxesPaidNet
Supplemental disclosure of non-cash investing activities      
Acquisition of real estate through assumption of debt 29,794akr_AcquisitionOfRealEstateThroughAssumptionOfDebt 0akr_AcquisitionOfRealEstateThroughAssumptionOfDebt 63,766akr_AcquisitionOfRealEstateThroughAssumptionOfDebt
Disposition of real estate through forgiveness of debt (22,865)akr_DisposalofRealEstateThroughCancellationofDebt 0akr_DisposalofRealEstateThroughCancellationofDebt 0akr_DisposalofRealEstateThroughCancellationofDebt
Acquisition of real estate through issuance of OP Units 38,937akr_NoncashorPartNoncashAcquisitionRealEstateAssetsAcquiredThroughIssuanceofUnits 33,300akr_NoncashorPartNoncashAcquisitionRealEstateAssetsAcquiredThroughIssuanceofUnits 2,279akr_NoncashorPartNoncashAcquisitionRealEstateAssetsAcquiredThroughIssuanceofUnits
Investments in and advances to unconsolidated affiliates through issuance of OP Units 5,114akr_NoncashorPartNoncashAcquisitionEquityMethodInvestmentsAcquiredThroughIssuanceOfUnits 0akr_NoncashorPartNoncashAcquisitionEquityMethodInvestmentsAcquiredThroughIssuanceOfUnits 0akr_NoncashorPartNoncashAcquisitionEquityMethodInvestmentsAcquiredThroughIssuanceOfUnits
Acquisition of real estate through conversion of notes receivable 38,000akr_ConversionOfNoteReceivableToAcquireRealEstate 18,500akr_ConversionOfNoteReceivableToAcquireRealEstate 14,000akr_ConversionOfNoteReceivableToAcquireRealEstate
Consolidation of previously unconsolidated investment      
Real estate, net 0akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet (118,484)akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet 0akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet
Mortgage notes payable 0akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable 166,200akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable 0akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable
Distributions in excess of income from, and investments in, unconsolidated affiliates 0akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital (10,298)akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital 0akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital
Other assets and liabilities 0akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities1 (1,605)akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities1 0akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities1
Noncontrolling interest $ 0akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1 $ (33,949)akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1 $ 0akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1