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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, 2024
Dec. 31, 2023
Dec. 31, 2022
Real Estate [Line Items]      
Impairment charges $ 1,678 $ 3,686 $ 33,311
Fair Value, Measurements, Nonrecurring      
Real Estate [Line Items]      
Impairment charges [1],[2] 1,678    
Fair Value, Measurements, Nonrecurring | Acadia Realty Trust      
Real Estate [Line Items]      
Impairment charges [1],[2] $ 750    
Fair Value, Measurements, Nonrecurring | 1964 Union Street San Francisco, CA | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Triggering Event Reduced holding period    
Impairment charges [2] $ 1,170    
Fair Value, Measurements, Nonrecurring | 1964 Union Street San Francisco, CA | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Impairment charges [2] $ 242    
Fair Value, Measurements, Nonrecurring | Mark Plaza Edwardsville, PA | Core | Level 3 Inputs Projections      
Real Estate [Line Items]      
Triggering Event Reduced projected operating income    
Impairment charges [2] $ 508    
Fair Value, Measurements, Nonrecurring | Mark Plaza Edwardsville, PA | Acadia Realty Trust | Core | Level 3 Inputs Projections      
Real Estate [Line Items]      
Impairment charges [2] $ 508    
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Triggering Event   Reduced holding period  
Impairment charges [2]   $ 3,686  
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]   $ 852  
[1] Does not include the impairment charge of $0.4 million related to the Company’s investment in Fifth Wall (Note 4) which is recorded in Realized and unrealized holding (losses) gains on investments and other, in the Company’s consolidated Statement of Operations.
[2] The Company estimated the fair value of 1964 Union Street, Mark Plaza and 146 Geary Street based on a discounted cash flow analysis using a discount rate of 7.75% and a range of capitalization rates from 4.75% to 5.75%. As significant inputs to the models are unobservable, the Company determined that the value determined for these properties falls within Level 3 of the fair value reporting hierarchy.