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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2012
Segment Reporting [Abstract] |
Reconciliation of Certain Segment Information from Segments to Consolidated [Table Text Block] | 2012
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 70,599 |  |  | $ | 54,286 |  |  | $ | 7,973 |  |  | $ | 22,947 |  |  | $ | (21,380 | ) |  | $ | 134,425 |
Property operating expenses, other operating and real estate taxes |  | 21,699 |  |  | 26,001 |  |  | — |  |  | — |  |  | (3,000 | ) |  | 44,700 |
General and administrative expenses |  | 22,817 |  |  | 14,373 |  |  | — |  |  | — |  |  | (15,658 | ) |  | 21,532 |
Income before depreciation and amortization |  | $ | 26,083 |  |  | $ | 13,912 |  |  | $ | 7,973 |  |  | $ | 22,947 |  |  | $ | (2,722 | ) |  | $ | 68,193 |
Depreciation and amortization |  | $ | 18,316 |  |  | $ | 15,594 |  |  | $ | — |  |  | $ | — |  |  | $ | (979 | ) |  | $ | 32,931 |
Interest and other finance expense |  | $ | 15,229 |  |  | $ | 12,910 |  |  | $ | — |  |  | $ | — |  |  | $ | 629 |  |  | $ | 28,768 |
Real estate at cost |  | $ | 744,880 |  |  | $ | 764,471 |  |  | $ | — |  |  | $ | — |  |  | $ | (13,609 | ) |  | $ | 1,495,742 |
Total assets |  | $ | 877,926 |  |  | $ | 1,017,870 |  |  | $ | 129,278 |  |  | $ | — |  |  | $ | (138,695 | ) |  | $ | 1,886,379 |
Acquisition of real estate |  | $ | 175,556 |  |  | $ | 66,338 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 241,894 |
Redevelopment and property improvement costs |  | $ | 5,381 |  |  | $ | 78,265 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,519 | ) |  | $ | 82,127 |
Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization |  |  |  |  |  |  |  |  |  | $ | 68,193 |
Other interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 148 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (32,931 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  |  | 1,579 |
Interest and other finance expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (28,768 | )
Loss on debt extinguishment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (198 | )
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 568 |
Reserve for notes receivable |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (405 | )
Gain on involuntary conversion of asset |  |  |  |  |  |  | 2,368 |
Operating income from discontinued operations |  |  |  |  |  |  | 10,720 |
Loss on debt extinguishment from discontinued operations |  |  |  |  |  |  |  | (2,541 | )
Gain on sale of property |  |  |  |  |  |  |  |  |  |  |  | 71,203 |
Net income |  |  |  |  |  |  |  |  |  |  |  | 89,936 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  | (50,230 | )
Net income attributable to Common Shareholders |  |  |  |  |  |  | $ | 39,706 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2011
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 57,994 |  |  | $ | 43,994 |  |  | $ | 11,429 |  |  | $ | 25,782 |  |  | $ | (24,121 | ) |  | $ | 115,078 |
Property operating expenses, other operating and real estate taxes |  | 17,087 |  |  | 19,618 |  |  | — |  |  | — |  |  | (2,417 | ) |  | 34,288 |
General and administrative expenses |  | 24,226 |  |  | 16,658 |  |  | — |  |  | — |  |  | (17,818 | ) |  | 23,066 |
Income before depreciation and amortization |  | $ | 16,681 |  |  | $ | 7,718 |  |  | $ | 11,429 |  |  | $ | 25,782 |  |  | $ | (3,886 | ) |  | $ | 57,724 |
Depreciation and amortization |  | $ | 14,206 |  |  | $ | 12,361 |  |  | $ | — |  |  | $ | — |  |  | $ | (895 | ) |  | $ | 25,672 |
Interest and other finance expense |  | $ | 15,967 |  |  | $ | 12,672 |  |  | $ | — |  |  | $ | — |  |  | $ | 993 |  |  | $ | 29,632 |
Real estate at cost |  | $ | 499,872 |  |  | $ | 614,321 |  |  | $ | — |  |  | $ | — |  |  | $ | (15,432 | ) |  | $ | 1,098,761 |
Total assets |  | $ | 633,345 |  |  | $ | 730,029 |  |  | $ | 59,989 |  |  | $ | — |  |  | $ | (133,927 | ) |  | $ | 1,289,436 |
Acquisition of real estate |  | $ | 60,305 |  |  | $ | 56,103 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 116,408 |
Redevelopment and property improvement costs |  | $ | 12,266 |  |  | $ | 51,128 |  |  | $ | — |  |  | $ | — |  |  | $ | (2,083 | ) |  | $ | 61,311 |
Reconciliation to net income and net income attributable to Common Shareholders |  |  |  |  |  |  |  |  |
Income before depreciation and amortization |  |  |  |  |  |  |  |  | $ | 57,724 |
Other interest income |  |  |  |  |  |  |  |  | 276 |
Depreciation and amortization |  |  |  |  |  |  |  |  | (25,672 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  | 1,555 |
Interest and other finance expense |  |  |  |  |  |  |  |  | (29,632 | )
Gain on debt extinguishment |  |  |  |  |  |  | 1,268 |
Income tax provision |  |  |  |  |  |  |  |  | (461 | )
Operating income from discontinued operations |  |  |  |  |  |  |  |  | 8,752 |
Impairment of asset |  |  |  |  |  |  | (6,925 | )
Gain on sale of property |  |  |  |  |  |  | 46,830 |
Net income |  |  |  |  |  |  | 53,715 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  | (2,160 | )
Net income attributable to Common Shareholders |  |  |  |  |  |  | $ | 51,555 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2010
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 57,084 |  |  | $ | 38,721 |  |  | $ | 19,161 |  |  | $ | 22,479 |  |  | $ | (21,055 | ) |  | $ | 116,390 |
Property operating expenses, other operating and real estate taxes |  | 17,236 |  |  | 17,814 |  |  | — |  |  | — |  |  | (1,536 | ) |  | 33,514 |
General and administrative expenses |  | 22,439 |  |  | 13,577 |  |  | — |  |  | — |  |  | (15,807 | ) |  | 20,209 |
Income before depreciation and amortization |  | $ | 17,409 |  |  | $ | 7,330 |  |  | $ | 19,161 |  |  | $ | 22,479 |  |  | $ | (3,712 | ) |  | $ | 62,667 |
Depreciation and amortization |  | $ | 13,798 |  |  | $ | 10,061 |  |  | $ | — |  |  | $ | — |  |  | $ | (440 | ) |  | $ | 23,419 |
Interest and other finance expense |  | $ | 18,036 |  |  | $ | 16,820 |  |  | $ | — |  |  | $ | — |  |  | $ | (442 | ) |  | $ | 34,414 |
Real estate at cost |  | $ | 441,714 |  |  | $ | 522,345 |  |  | $ | — |  |  | $ | — |  |  | $ | (13,349 | ) |  | $ | 950,710 |
Total assets |  | $ | 574,497 |  |  | $ | 629,292 |  |  | $ | 89,202 |  |  | $ | — |  |  | $ | (105,611 | ) |  | $ | 1,187,380 |
Acquisition of real estate |  | $ | — |  |  | $ | 2,849 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,849 |
Redevelopment and property improvement costs |  | $ | 4,137 |  |  | $ | 74,460 |  |  | $ | — |  |  | $ | — |  |  | $ | (2,302 | ) |  | $ | 76,295 |
Reconciliation to net income and net income attributable to Common Shareholders |  |  |  |  |  |  |  |  |
Income before depreciation and amortization |  |  |  |  |  |  |  |  | $ | 62,667 |
Other interest income |  |  |  |  |  |  |  |  |  | 406 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | (23,419 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  | 10,971 |
Interest and other finance expense |  |  |  |  |  |  |  |  |  | (34,414 | )
Income tax provision |  |  |  |  |  |  |  |  |  | (2,869 | )
Gain from bargain purchase |  |  |  |  |  |  | 33,805 |
Operating income from discontinued operations |  |  |  |  |  |  |  |  | 3,520 |
Net income |  |  |  |  |  |  | 50,667 |
Net income attributable to noncontrolling interests |  |  |  |  |  |  | (20,610 | )
Net income attributable to Common Shareholders |  |  |  |  |  |  | $ | 30,057 |

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