XML 98 R51.htm IDEA: XBRL DOCUMENT
v2.4.0.6

ACQUISITION AND DISPOSITION OF PROPERTIES AND DISCONTINUED OPERATIONS Acquisitions (Details) (USD $) |  |  | 12 Months Ended |  | 12 Months Ended |  |  |  | 12 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2012 sqft | Dec. 31, 2012 Acquisitions in 2012 [Member] Purchase Price As Originally Reported [Member] | Dec. 31, 2012 Acquisitions in 2012 [Member] Finalized Purchase Price Allocation, Adjustment [Member] | Dec. 31, 2012 Acquisitions in 2012 [Member] Finalized Purchase Price Allocation [Member] | Dec. 31, 2012 Acquisitions in 2012 [Member] Preliminary Purchase Price Allocation [Member] | Dec. 31, 2011 Acquisitions in 2011 [Member] Finalized Purchase Price Allocation [Member] | Dec. 31, 2011 Acquisitions in 2011 [Member] Preliminary Purchase Price Allocation [Member] | Dec. 31, 2012 Core Portfolio [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 1520 North Milwaukee Avenue [Member] Chicago Illinois [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] River Street [Member] Cambridge Massachusetts [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] Chicago Street Retail Portfolio [Member] Chicago Illinois [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 930 Rush Street [Member] Chicago Illinois [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 28 Jericho Turnpike [Member] Westbury, New York [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] Rhode Island Shopping Center [Member] Washington, D.C. [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 83 Spring Street [Member] New York New York [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 60 Orange Street [Member] Bloomfield, New Jersey [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] Chicago Street Retail [Member] Chicago Illinois [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 181 Main Street [Member] West Port, Connecticut [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] Connecticut Avenue [Member] Washington, D.C. [Member] sqft | Dec. 31, 2012 Core Portfolio [Member] 639 West Diversey [Member] Chicago Illinois [Member] sqft | Dec. 31, 2012 Fund III [Member] sqft | Feb. 29, 2012 Fund III [Member] 640 Broadway [Member] New York New York [Member] sqft | Apr. 30, 2012 Fund III [Member] Lincoln Park Centre LLC [Member] Chicago Illinois [Member] sqft | Aug. 31, 2012 Fund III [Member] Broad Hollow Commons [Member] Farmingdale, New York [Member] | Aug. 31, 2012 Fund III [Member] Arundel Plaza [Member] Glen Burnie, Maryland [Member] sqft | Aug. 31, 2012 Fund III [Member] Cortland Crossing [Member] Mohegan Lake, New York [Member] | Aug. 31, 2012 Fund III [Member] 3104 M Street [Member] Washington, D.C. [Member] sqft | Dec. 31, 2012 Fund IV [Member] sqft | Dec. 31, 2012 Fund IV [Member] One Seven Zero One Belmont Avenue [Member] Catonsville, Maryland [Member] sqft | Dec. 31, 2012 Fund IV [Member] 210 Bowery LLC [Member] Manhattan, New York [Member] sqft | Dec. 31, 2012 Fund IV [Member] Lincoln Road [Member] Miami, Florida [Member] sqft
Business Acquisition [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GLA (in square feet) | 398,874 |  |  |  |  |  |  | 509,843 | 3,100 | 53,300 | 42,264 | 2,900 | 96,000 | 57,000 | 4,800 | 129,010 | 42,524 | 14,850 | 42,000 | 22,095 | 378,300 | 45,700 | 62,700 |  |  | 265,000 |  |  | 4,900 | 121,600.00 | 58,000.00 | 9,200.00 | 54,400.00
Percent Owned |  |  |  |  |  |  |  |  | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 98.00% | 100.00% | 100.00% | 100.00% | 100.00% |  | 50.00% | 100.00% | 100.00% | [1],[2] | 90.00% | 100.00% | [1] | 100.00% |  | 90.00% | 100.00% | 95.00%
Purchase Price |  |  |  |  |  |  |  | $ 224,300,000 | $ 3,800,000 | $ 18,900,000 | $ 18,800,000 | $ 20,700,000 | $ 27,300,000 | $ 21,700,000 | $ 11,500,000 | $ 12,500,000 | $ 41,100,000 | $ 14,100,000 | $ 23,200,000 | $ 10,700,000 | $ 107,986,000 | $ 32,500,000 | $ 31,500,000 | $ 12,386,000 | [1],[2] | $ 17,600,000 | $ 11,000,000 | [1] | $ 3,000,000 | $ 151,200,000 | $ 4,700,000 | $ 7,500,000 | $ 139,000,000
Liabilities Incurred |  |  |  |  |  |  |  | 43,992,000 | 0 | 7,022,000 | 16,029,000 | 0 | 0 | 16,510,000 | 0 | 0 | 0 | 0 | 0 | 4,431,000 | 29,019,000 | 0 | 19,763,000 | 0 | [1],[2] | 9,256,000 | 0 | [1] | 0 | 0 | 0 | 0 | 0
Acquisition Related Costs |  |  |  |  |  |  |  | 2,100,000 |  |  |  |  |  |  |  |  |  |  |  |  | 2,200,000 |  |  |  |  |  |  |  |  | 500,000 |  |  |
Business Acquisition, Purchase Price Allocation [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Land |  | 68,439,000 | 446,000 | 68,885,000 | 86,826,000 | 12,150,000 | 5,438,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Buildings and Improvements |  | 120,010,000 | (2,083,000) | 117,927,000 | 226,650,000 | 11,009,000 | 18,563,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition-related intangible assets (in Acquired lease intangibles, net) |  | 2,482,000 | 8,830,000 | 11,312,000 | 0 | 1,027,000 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisition-related intangible liabilities (in Acquired lease and other intangibles, net) |  | (4,387,000) | (7,267,000) | (11,654,000) | 0 | (185,000) | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Above-below market debt assumed (included in Mortgages payable) |  | 935,000 | 74,000 | 1,009,000 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Consideration |  | $ 187,479,000 | $ 0 | $ 187,479,000 | $ 313,476,000 | $ 24,001,000 | $ 24,001,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
[1] | Acquisition of land which is not treated as a business combination in accordance with ASC Topic 805.
[2] | Fund III obtained a deed in lieu of foreclosure on an undeveloped property encumbered by the Fund's $10.0 million first mortgage loan which originated in September 2008. The $12,386 includes the first mortgage loan along with accrued interest.

X
- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Asset for Above-Below Market Debt Assumed + References No definition available. + Details
Name: | akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetForAboveBelowMarketDebtAssumed
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Buildings and Improvements + References No definition available. + Details
Name: | akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Liabilities + References No definition available. + Details
Name: | akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land + References No definition available. + Details
Name: | akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Gross Leasable Area + References No definition available. + Details
Name: | akr_GrossLeasableArea
Namespace Prefix: | akr_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair Value of the liabilities incurred by the acquirer to former owners of the acquiree, including the fair value of any contingent consideration. If liabilities transferred as consideration remain within the combined entity after the business combination (for example, because the assets or liabilities were transferred to the acquiree rather than to its former owners), and the acquirer therefore retains control of them; in that situation, the acquirer measures those liabilities at their carrying amounts immediately before the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6405-128476 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph f(3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 39, 40, 41 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477 + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired in the business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_BusinessAcquisitionPurchasePriceAllocationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=21917927&loc=d3e1043-128460 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 59 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessCombinationAcquisitionRelatedCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of identifiable intangible assets recognized as of the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 12, 13, 14, 20, A107 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 55 -Paragraph 37 -URI http://asc.fasb.org/extlink&oid=9154965&loc=d3e2207-128464 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph i -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The net amount recognized as of the acquisition date for the aggregate identifiable assets acquired in excess of or less than the aggregate liabilities assumed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 55 -Paragraph 37 -URI http://asc.fasb.org/extlink&oid=9154965&loc=d3e2207-128464 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph i -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant