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Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Combined and Condensed Balance Sheets      
Real estate under development $ 184,602 $ 203,773  
Other assets 229,591 186,509  
Total assets 4,302,582 [1],[2] 4,261,746 [1],[2] $ 4,131,069
Total liabilities, equity and redeemable noncontrolling interests 4,302,582 4,261,746  
Investments carried at fair value or cost 4,315 3,811  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates 10,505 9,939  
Investments in and advances to unconsolidated affiliates 291,156 322,326  
Unconsolidated Affiliates      
Combined and Condensed Balance Sheets      
Rental property, net 650,997 631,661  
Real estate under development 17,359 8,112  
Other assets 127,070 78,300  
Total assets 795,426 718,073  
Mortgage notes payable 609,923 571,461  
Other liabilities 96,532 69,166  
Partners’ equity 88,971 77,446  
Total liabilities, equity and redeemable noncontrolling interests 795,426 718,073  
Company's share of accumulated equity 131,878 113,285  
Basis differential 52,813 66,031  
Deferred fees, net of portion related to the Company's interest 5,937 4,071  
Amounts receivable/payable by the Company 305 666  
Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates 190,933 184,053  
Investments carried at fair value or cost 89,718 128,334  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates 10,505 9,939  
Investments in and advances to unconsolidated affiliates $ 291,156 $ 322,326  
[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.