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Segment Reporting - Summary of Segment Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting Information [Line Items]      
Total revenues $ 326,290 $ 292,497 $ 250,908
Depreciation and amortization (135,917) (123,439) (147,229)
Property operating expenses, other operating and real estate taxes (101,927) (98,873) (98,028)
General and administrative expenses (44,066) (40,125) (35,798)
Impairment charges (33,311) (9,925) (85,598)
Gain on disposition of properties 57,161 10,521 683
Operating Income (loss) 68,230 30,656 (115,062)
Interest income 14,641 9,065 8,979
Equity in income (losses) of unconsolidated affiliates (32,907) 5,330 (3,057)
Interest expense (80,209) (68,048) (69,671)
Realized and unrealized holding gains (losses) on investments and other (34,994) 49,120 113,362
Income tax provision (12) (93) (269)
Net (loss) income (65,251) 26,030 (65,718)
Net loss attributable to redeemable noncontrolling interests 5,536 0 0
Net loss (income) attributable to noncontrolling interests 24,270 (2,482) 56,742
Net (loss) income attributable to Acadia (35,445) 23,548 (8,976)
Real estate at cost 4,253,010 [1] 4,071,607 [1] 4,011,326
Total Assets 4,302,582 [1],[2] 4,261,746 [1],[2] 4,131,069
Cash paid for acquisition of real estate 242,633 161,846 21,208
Cash paid for acquisition of real estate and leasehold interest     21,208
Cash paid for development and property improvement costs 51,046 40,671 36,579
Operating Segments | Core Portfolio      
Segment Reporting Information [Line Items]      
Total revenues 202,547 181,332 160,262
Depreciation and amortization (75,614) (69,103) (76,125)
Property operating expenses, other operating and real estate taxes (60,306) (56,957) (57,246)
General and administrative expenses 0 0 0
Impairment charges 0 0 (419)
Gain on disposition of properties 7,245 4,612 174
Operating Income (loss) 73,872 59,884 26,646
Interest income 0 0 0
Equity in income (losses) of unconsolidated affiliates (45,919) 353 (874)
Interest expense (37,892) (29,454) (33,185)
Realized and unrealized holding gains (losses) on investments and other 1,163 0 18,564
Income tax provision 0 0 0
Net (loss) income (8,776) 30,783 11,151
Net loss attributable to redeemable noncontrolling interests 0 0 0
Net loss (income) attributable to noncontrolling interests 1,000 (2,276) (5,837)
Net (loss) income attributable to Acadia (7,776) 28,507 5,314
Real estate at cost 2,597,394 [1] 2,356,645 [1] 2,330,116
Total Assets 2,599,268 [1] 2,212,877 [1] 2,254,680
Cash paid for acquisition of real estate 242,633 26,176  
Cash paid for acquisition of real estate and leasehold interest     19,963
Cash paid for development and property improvement costs 32,406 13,625 11,170
Operating Segments | Opportunity Funds      
Segment Reporting Information [Line Items]      
Total revenues 123,743 111,165 90,646
Depreciation and amortization (60,303) (54,336) (71,104)
Property operating expenses, other operating and real estate taxes (41,621) (41,916) (40,782)
General and administrative expenses 0 0 0
Impairment charges (33,311) (9,925) (85,179)
Gain on disposition of properties 49,916 5,909 509
Operating Income (loss) 38,424 10,897 (105,910)
Interest income 0 0 0
Equity in income (losses) of unconsolidated affiliates 13,012 4,977 (2,183)
Interest expense (42,317) (38,594) (36,486)
Realized and unrealized holding gains (losses) on investments and other (35,559) 53,654 95,366
Income tax provision 0 0 0
Net (loss) income (26,440) 30,934 (49,213)
Net loss attributable to redeemable noncontrolling interests 5,536 0 0
Net loss (income) attributable to noncontrolling interests 23,270 (206) 62,579
Net (loss) income attributable to Acadia 2,366 30,728 13,366
Real estate at cost 1,655,616 [1] 1,714,962 [1] 1,681,210
Total Assets 1,579,411 [1] 1,894,983 [1] 1,775,507
Cash paid for acquisition of real estate 0 135,670  
Cash paid for acquisition of real estate and leasehold interest     1,245
Cash paid for development and property improvement costs 18,640 27,046 25,409
Operating Segments | Structured Financing      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Depreciation and amortization 0 0 0
Property operating expenses, other operating and real estate taxes 0 0 0
General and administrative expenses 0 0 0
Impairment charges 0 0 0
Gain on disposition of properties 0 0 0
Operating Income (loss) 0 0  
Interest income 14,641 9,065 8,979
Equity in income (losses) of unconsolidated affiliates 0 0 0
Interest expense 0 0 0
Realized and unrealized holding gains (losses) on investments and other (598) (4,534) (568)
Income tax provision 0 0 0
Net (loss) income 14,043 4,531 8,411
Net loss attributable to redeemable noncontrolling interests 0 0 0
Net loss (income) attributable to noncontrolling interests 0 0 0
Net (loss) income attributable to Acadia 14,043 4,531 8,411
Real estate at cost 0 [1] 0 [1] 0
Total Assets 123,903 [1] 153,886 [1] 100,882
Cash paid for acquisition of real estate 0 0  
Cash paid for acquisition of real estate and leasehold interest     0
Cash paid for development and property improvement costs 0 0 0
Unallocated      
Segment Reporting Information [Line Items]      
Total revenues 0 0 0
Depreciation and amortization 0 0 0
Property operating expenses, other operating and real estate taxes 0 0 0
General and administrative expenses (44,066) (40,125) (35,798)
Impairment charges 0 0 0
Gain on disposition of properties 0 0 0
Operating Income (loss) (44,066) (40,125) (35,798)
Interest income 0 0 0
Equity in income (losses) of unconsolidated affiliates 0 0 0
Interest expense 0 0 0
Realized and unrealized holding gains (losses) on investments and other 0 0 0
Income tax provision (12) (93) (269)
Net (loss) income (44,078) (40,218) (36,067)
Net loss attributable to redeemable noncontrolling interests 0 0 0
Net loss (income) attributable to noncontrolling interests 0 0 0
Net (loss) income attributable to Acadia (44,078) (40,218) (36,067)
Real estate at cost 0 [1] 0 [1] 0
Total Assets 0 [1] 0 [1] 0
Cash paid for acquisition of real estate 0 0  
Cash paid for acquisition of real estate and leasehold interest     0
Cash paid for development and property improvement costs $ 0 $ 0 $ 0
[1] Real estate at cost and total assets for the Funds segment include $663.4 million and $657.0 million, or $272.1 million and $190.9 million net of non-controlling interests, related to Fund II’s City Point property at December 31, 2022 and 2021, respectively.
[2] Represents the consolidated assets and liabilities of Acadia Realty Limited Partnership (the "Operating Partnership"), which is a consolidated variable interest entity ("VIE") (Note 16). The consolidated balance sheets include the following amounts related to our consolidated VIEs that are consolidated by the Operating Partnership: $1,466.4 million and $1,482.6 million of Operating real estate, net; $129.9 million and $161.5 million of Real estate under development; $- and $0.7 million of Notes receivable, net; $210.9 million and $200.8 million of Investments in and advances to unconsolidated affiliates; $98.7 million and $94.3 million of Other assets, net; $2.5 million and $2.9 million of Right-of-use assets - operating leases, net; $13.3 million and $9.8 million of Cash and cash equivalents; $15.0 million and $9.8 million of Restricted cash; $17.9 million and $16.1 million of Rents receivable, net; $761.2 million and $948.0 million of Mortgage and other notes payable, net; $51.2 million and $162.8 million of Unsecured notes payable, net; $95.4 million and $96.2 million of Accounts payable and other liabilities; $2.7 million and $3.1 million of Lease liability- operating leases, net as of December 31, 2022 and 2021, respectively.