Financial Instruments and Fair Value Measurements - Schedule of Items Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Real Estate [Line Items]
Impairment charges	$ 33,311	$ 9,925	$ 85,598
Fair Value, Measurements, Nonrecurring
Real Estate [Line Items]
Impairment charges	33,311	9,925
Fair Value, Measurements, Nonrecurring | Acadia Realty Trust
Real Estate [Line Items]
Impairment charges	$ 7,702	$ 2,294
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event	Reduced projected operating income
Impairment charges	$ 12,435
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges	$ 2,875
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event	Reduced holding period and intended use
Impairment charges	$ 20,876
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges	$ 4,827
Fair Value, Measurements, Nonrecurring | 210 Bowery Residential Units | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event		Reduced projected operating income
Impairment charges		$ 3,016
Fair Value, Measurements, Nonrecurring | 210 Bowery Residential Units | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges		$ 697
Fair Value, Measurements, Nonrecurring | 27 E. 61st Street Manhattan, NY | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event		Reduced projected operating income
Impairment charges		$ 6,909
Fair Value, Measurements, Nonrecurring | 27 E. 61st Street Manhattan, NY | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges		$ 1,597