<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva, formerly WebFilings-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_2BAAEA64C35E36BC051891A53194BADE_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_2BAAEA64C35E36BC051891A53194BADE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_2BAAEA64C35E36BC051891A53194BADE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_2BAAEA64C35E36BC051891A53194BADE" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_2BAAEA64C35E36BC051891A53194BADE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150" xlink:to="lab_us-gaap_ProfitLoss_0CA1F0C771A43ED7255591A53194C150" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_9C4BD1916A092950C83A91A531945600" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized (loss) income on valuation of swap agreements</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_16402B83B31F89C965F991A53194DC8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of realized interest on swap agreements</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_29F0CBD355198946B7C691A53194F954" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_9A6B1641DC92726E159A91A531945253" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_E5406D4A49284AA8E4F491A531940E1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive (income) attributable to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_710C48622BE80AA2849391A53194534C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income attributable to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_F69FC2FE68273C0C8E1891A53195B51B" xlink:type="arc" />
    <link:label id="lab_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70_label_en-US" xlink:label="lab_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ACQUISITION AND DISPOSITION OF REAL ESTATE AND DISCONTINUED OPERATIONS ABSTRACT</link:label>
    <link:label id="lab_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70_documentation_en-US" xlink:label="lab_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract" xlink:label="loc_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70" xlink:to="lab_akr_AcquisitionAndDispositionOfRealEstateAndDiscontinuedOperationsAbstract_49513B35DC013BD79DA191A53151EF70" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_9CBF9D8E9C7E35B1EA8A91A53151141C" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A" xlink:to="lab_us-gaap_BusinessAcquisitionAxis_6C9E6B0F0483CF47C61891A53151F04A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_A0463A43D6FDEE157CE991A531517112" xlink:type="arc" />
    <link:label id="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930_terseLabel_en-US" xlink:label="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">11 E Walton</link:label>
    <link:label id="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930_label_en-US" xlink:label="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eleven East Walton [Member]</link:label>
    <link:label id="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930_documentation_en-US" xlink:label="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eleven East Walton [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ElevenEastWaltonMember" xlink:label="loc_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:to="lab_akr_ElevenEastWaltonMember_D69881491F790F8D194091A531516930" xlink:type="arc" />
    <link:label id="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4_terseLabel_en-US" xlink:label="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">61 Main Street</link:label>
    <link:label id="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4_label_en-US" xlink:label="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sixty One Main Street [Member]</link:label>
    <link:label id="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4_documentation_en-US" xlink:label="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sixty One Main Street [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SixtyOneMainStreetMember" xlink:label="loc_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:to="lab_akr_SixtyOneMainStreetMember_74A8E4AF231467686DD391A531519EC4" xlink:type="arc" />
    <link:label id="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C_terseLabel_en-US" xlink:label="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">865 W North Avenue</link:label>
    <link:label id="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C_label_en-US" xlink:label="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eight Six Five West North Avenue [Member]</link:label>
    <link:label id="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C_documentation_en-US" xlink:label="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eight Six Five West North Avenue [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_EightSixFiveWestNorthAvenueMember" xlink:label="loc_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:to="lab_akr_EightSixFiveWestNorthAvenueMember_1D429FF89A67A7581C5F91A53151408C" xlink:type="arc" />
    <link:label id="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2_terseLabel_en-US" xlink:label="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">252-256 Greenwich Avenue</link:label>
    <link:label id="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2_label_en-US" xlink:label="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Five Two Through Two Five Four Greenwich Avenue [Member]</link:label>
    <link:label id="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2_documentation_en-US" xlink:label="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Five Two Through Two Five Four Greenwich Avenue [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember" xlink:label="loc_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:to="lab_akr_TwoFiveTwoThroughTwoFiveFourGreenwichAvenueMember_B7B013332A029047476791A531516BC2" xlink:type="arc" />
    <link:label id="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08_terseLabel_en-US" xlink:label="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">152-154 Spring Street</link:label>
    <link:label id="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08_label_en-US" xlink:label="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Five Two Through One Five Four Spring Street [Member]</link:label>
    <link:label id="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08_documentation_en-US" xlink:label="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Five Two Through One Five Four Spring Street [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OneFiveTwoThroughOneFiveFourSpringStreetMember" xlink:label="loc_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:to="lab_akr_OneFiveTwoThroughOneFiveFourSpringStreetMember_13C3836D437837E9C31B91A531524D08" xlink:type="arc" />
    <link:label id="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24_terseLabel_en-US" xlink:label="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2520 Flatbush Avenue</link:label>
    <link:label id="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24_label_en-US" xlink:label="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Five Two Zero Flatbush Avenue [Member]</link:label>
    <link:label id="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24_documentation_en-US" xlink:label="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Five Two Zero Flatbush Avenue [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_TwoFiveTwoZeroFlatbushAvenueMember" xlink:label="loc_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:to="lab_akr_TwoFiveTwoZeroFlatbushAvenueMember_EF98458E58DA0EF1D2D391A531528F24" xlink:type="arc" />
    <link:label id="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36_terseLabel_en-US" xlink:label="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Broughton Street Portfolio (18 Properties)</link:label>
    <link:label id="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36_label_en-US" xlink:label="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Broughton Street Portfolio [Member]</link:label>
    <link:label id="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36_documentation_en-US" xlink:label="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Broughton Street Portfolio [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BroughtonStreetPortfolioMember" xlink:label="loc_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:to="lab_akr_BroughtonStreetPortfolioMember_7366B56B729F2F8E436491A531528F36" xlink:type="arc" />
    <link:label id="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF_terseLabel_en-US" xlink:label="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions In 2014</link:label>
    <link:label id="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF_label_en-US" xlink:label="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions In 2014 [Member]</link:label>
    <link:label id="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF_documentation_en-US" xlink:label="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisitions In 2014 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AcquisitionsIn2014Member" xlink:label="loc_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:to="lab_akr_AcquisitionsIn2014Member_5490D012BC9887AEF2A291A53152B0CF" xlink:type="arc" />
    <link:label id="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD_terseLabel_en-US" xlink:label="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions in 2013</link:label>
    <link:label id="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD_label_en-US" xlink:label="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions in 2013 [Member]</link:label>
    <link:label id="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD_documentation_en-US" xlink:label="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisitions in 2013 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AcquisitionsIn2013Member" xlink:label="loc_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:to="lab_akr_AcquisitionsIn2013Member_42E690C84E7C09C5B77491A5315272CD" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA_terseLabel_en-US" xlink:label="lab_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Geographic Region [Axis]</link:label>
    <link:label id="lab_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA_label_en-US" xlink:label="lab_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Geographic Region [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentGeographicRegionAxis" xlink:label="loc_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA" xlink:to="lab_invest_InvestmentGeographicRegionAxis_62B7BF8D4856E04E05F791A5315235CA" xlink:type="arc" />
    <link:label id="lab_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0_terseLabel_en-US" xlink:label="lab_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Geographic Region [Domain]</link:label>
    <link:label id="lab_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0_label_en-US" xlink:label="lab_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Geographic Region [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentGeographicRegionDomain" xlink:label="loc_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0" xlink:to="lab_invest_InvestmentGeographicRegionDomain_63B25CCE8E14E9FBA5AF91A53152C9C0" xlink:type="arc" />
    <link:label id="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F_terseLabel_en-US" xlink:label="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chicago, IL</link:label>
    <link:label id="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F_label_en-US" xlink:label="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chicago Illinois [Member]</link:label>
    <link:label id="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F_documentation_en-US" xlink:label="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Chicago Illinois [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ChicagoIllinoisMember" xlink:label="loc_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:to="lab_akr_ChicagoIllinoisMember_EA668458EE536128518B91A531524E3F" xlink:type="arc" />
    <link:label id="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494_terseLabel_en-US" xlink:label="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Westport, CT</link:label>
    <link:label id="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494_label_en-US" xlink:label="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">West Port, Connecticut [Member]</link:label>
    <link:label id="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494_documentation_en-US" xlink:label="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">West Port, Connecticut [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_WestPortConnecticutMember" xlink:label="loc_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:to="lab_akr_WestPortConnecticutMember_E62EC55FBF9AE544330791A53152A494" xlink:type="arc" />
    <link:label id="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5_terseLabel_en-US" xlink:label="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Greenwich, CT</link:label>
    <link:label id="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5_label_en-US" xlink:label="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Greenwich, Connecticut [Member]</link:label>
    <link:label id="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5_documentation_en-US" xlink:label="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Greenwich, Connecticut [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_GreenwichConnecticutMember" xlink:label="loc_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:to="lab_akr_GreenwichConnecticutMember_9C084180CEBD5D9143A391A5315235E5" xlink:type="arc" />
    <link:label id="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F_terseLabel_en-US" xlink:label="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New York, NY</link:label>
    <link:label id="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F_label_en-US" xlink:label="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New York New York [Member]</link:label>
    <link:label id="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F_documentation_en-US" xlink:label="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New York New York [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NewYorkNewYorkMember" xlink:label="loc_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:to="lab_akr_NewYorkNewYorkMember_E41B4144EC28F8594A6A91A53152604F" xlink:type="arc" />
    <link:label id="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7_terseLabel_en-US" xlink:label="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brooklyn, NY</link:label>
    <link:label id="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7_label_en-US" xlink:label="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brooklyn, New York [Member]</link:label>
    <link:label id="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7_documentation_en-US" xlink:label="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Brooklyn, New York [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BrooklynNewYorkMember" xlink:label="loc_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:to="lab_akr_BrooklynNewYorkMember_AFC174294BE91D956B0991A5315211D7" xlink:type="arc" />
    <link:label id="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8_terseLabel_en-US" xlink:label="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Savannah, GA</link:label>
    <link:label id="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8_label_en-US" xlink:label="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Savannah, Georgia [Member]</link:label>
    <link:label id="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8_documentation_en-US" xlink:label="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Savannah, Georgia [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SavannahGeorgiaMember" xlink:label="loc_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:to="lab_akr_SavannahGeorgiaMember_046D4CE203F0E73468DF91A53152F8F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Segments [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_B226E45AA6FF85DCE55391A53152012A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A" xlink:to="lab_us-gaap_SegmentDomain_127392519BADEE53BE5391A53152859A" xlink:type="arc" />
    <link:label id="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173_terseLabel_en-US" xlink:label="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Core Portfolio</link:label>
    <link:label id="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173_label_en-US" xlink:label="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Core Portfolio [Member]</link:label>
    <link:label id="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173_documentation_en-US" xlink:label="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Core Portfolio [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_CorePortfolioMember" xlink:label="loc_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:to="lab_akr_CorePortfolioMember_9EA068CC1918686359B291A53153B173" xlink:type="arc" />
    <link:label id="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD_terseLabel_en-US" xlink:label="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund IV</link:label>
    <link:label id="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD_label_en-US" xlink:label="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund IV [Member]</link:label>
    <link:label id="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD_documentation_en-US" xlink:label="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund IV [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FundIvMember" xlink:label="loc_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:to="lab_akr_FundIvMember_057E5E003828DA645E0791A5315340BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_B062FCCDC64C8CE6BEE691A53153A249" xlink:type="arc" />
    <link:label id="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88_terseLabel_en-US" xlink:label="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross leasable area</link:label>
    <link:label id="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88_label_en-US" xlink:label="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross Leasable Area</link:label>
    <link:label id="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88_documentation_en-US" xlink:label="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross Leasable Area</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_GrossLeasableArea" xlink:label="loc_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:to="lab_akr_GrossLeasableArea_E06D9523FF53C3A6FC2B91A531536D88" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent Owned</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Percentage of Voting Interests Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:label="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786" xlink:to="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_6434B3E0534E2D42C51391A531535786" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase Price</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferred1_D0F80DE9C7BBFE7E754291A5315345D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition costs</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Acquisition Related Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_55787BF4E5101FAEE7B891A531532038" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of properties acquired</link:label>
    <link:label id="lab_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023_label_en-US" xlink:label="lab_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Businesses Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfBusinessesAcquired" xlink:label="loc_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023" xlink:to="lab_us-gaap_NumberOfBusinessesAcquired_FB691019590E5530557D91BA2C4A9023" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetAbstract_7423CF7BCA15DB47B2BE91A531539FBF" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_9DA78623AAC24582F94591A531531A9A" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8_terseLabel_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8_label_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Buildings and Improvements</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8_documentation_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Buildings and Improvements</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements" xlink:label="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:to="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_DF0533B74931015BE46F91A5315376F8" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF_terseLabel_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition-related intangible assets (in Acquired lease intangibles, net)</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF_label_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF_documentation_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets" xlink:label="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:to="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets_A1F1E3CC5FCF9A60920191A53153D9DF" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1_negatedTerseLabel_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition-related intangible liabilities (in Acquired lease intangibles, net)</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1_label_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Liabilities</link:label>
    <link:label id="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1_documentation_en-US" xlink:label="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Liabilities</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities" xlink:label="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:to="lab_akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_503B0423ED656FA3968C91A53153B9A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_FD77293ADE3A5290B48C91A53153D8BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments [Abstract]</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsAbstract_3407E14A7ACE9F57605B91A531530704" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905_terseLabel_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905_label_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Land</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905_documentation_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Land</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand" xlink:label="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:to="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLand_B346C012195E0D151CD691A531534905" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02_terseLabel_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02_label_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Buildings And Improvements</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02_documentation_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Buildings And Improvements</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements" xlink:label="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:to="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentBuildingsAndImprovements_2C67B1085909762DB1F191A531538B02" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition-related intangible assets (in Acquired lease intangibles, net)</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles_6AE9FF17F36CCDEEFFE191A53154D699" xlink:type="arc" />
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27_negatedTerseLabel_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition-related intangible liabilities (in Acquired lease intangibles, net)</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27_label_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangible Liabilities</link:label>
    <link:label id="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27_documentation_en-US" xlink:label="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangible Liabilities</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities" xlink:label="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:to="lab_akr_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibleLiabilities_C422F97294D3F001CB0291A531546A27" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF_totalLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred_AB5CBC86670E300EB15491A531549CFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_4E33D1D37C4CEB7AA30987B1C4F0E1D0_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_4E33D1D37C4CEB7AA30987B1C4F0E1D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_4E33D1D37C4CEB7AA30987B1C4F0E1D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_4E33D1D37C4CEB7AA30987B1C4F0E1D0" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_4E33D1D37C4CEB7AA30987B1C4F0E1D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_EF5EEDBAB61BB5B8334687B1C4F0D5C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value by Measurement Frequency [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_121D384D2847D997069587B1C4F097A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_FA48ED36BCDE0545931987B1C4F07ABC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_B5202287D39B347F12D587B1C4F0F4D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_2878E55CBBBBC59EB4F287B1C4F02FC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Fair Value Hierarchy [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_4051605D5E9AB7C015F287B1C4F13AB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_8FACC179F57BEC1CBAB087B1C4F1183A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_002C4639CDCEC0326A7B87B1C4F1C79E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_3FB7444087E2904C6CB787B1C4F1F43E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_C61D041406660CF3BCEC87B1C4F19783" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0" xlink:to="lab_us-gaap_DerivativeAssets_5527973C301A37B9693987B1C4F124D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792" xlink:to="lab_us-gaap_DerivativeLiabilities_C2A63A4D2A6DAA0A410187B1C4F10792" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_EE985F67F1FC7BA6811C01151758EEF9_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_EE985F67F1FC7BA6811C01151758EEF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_EE985F67F1FC7BA6811C01151758EEF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_EE985F67F1FC7BA6811C01151758EEF9" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_EE985F67F1FC7BA6811C01151758EEF9" xlink:type="arc" />
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5_terseLabel_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Table]</link:label>
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5_label_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Table]</link:label>
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5_documentation_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Table]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable" xlink:label="loc_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:to="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_DCC1AE436F0C67B644FD011517586DC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F_terseLabel_en-US" xlink:label="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement, Partner Type of Partners' Capital Account [Axis]</link:label>
    <link:label id="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F_label_en-US" xlink:label="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partner Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PartnerTypeOfPartnersCapitalAccountAxis" xlink:label="loc_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F" xlink:to="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_4A733C366160F23C349C01151758095F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A_terseLabel_en-US" xlink:label="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partner Type of Partners' Capital Account, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A_label_en-US" xlink:label="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partner Type of Partners' Capital Account, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain" xlink:label="loc_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A" xlink:to="lab_us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_48D4A29F8F639612356D01151758556A" xlink:type="arc" />
    <link:label id="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD_terseLabel_en-US" xlink:label="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Partnership, as General Partner or Managing Member</link:label>
    <link:label id="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD_label_en-US" xlink:label="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Partnership, as General Partner or Managing Member [Member]</link:label>
    <link:label id="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD_documentation_en-US" xlink:label="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acadia Realty Limited Partnership (the Operating Partnership), as General Partner or Managing Member.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember" xlink:label="loc_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:to="lab_akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_7B1C5AA3AA2E0C685E4301151758C9AD" xlink:type="arc" />
    <link:label id="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C_terseLabel_en-US" xlink:label="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutional Investors [Member]</link:label>
    <link:label id="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C_label_en-US" xlink:label="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institutional Investors [Member]</link:label>
    <link:label id="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C_documentation_en-US" xlink:label="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Institutional Investors [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InstitutionalInvestorsMember" xlink:label="loc_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:to="lab_akr_InstitutionalInvestorsMember_404CF6803BEE0CDC3D7301151758EE0C" xlink:type="arc" />
    <link:label id="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E_terseLabel_en-US" xlink:label="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Opportunity Funds</link:label>
    <link:label id="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E_label_en-US" xlink:label="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Opportunity Funds [Member]</link:label>
    <link:label id="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E_documentation_en-US" xlink:label="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Opportunity Funds [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OpportunityFundsMember" xlink:label="loc_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:to="lab_akr_OpportunityFundsMember_E89F971610478BCE59DB01151758645E" xlink:type="arc" />
    <link:label id="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56_terseLabel_en-US" xlink:label="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund II</link:label>
    <link:label id="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56_label_en-US" xlink:label="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund II [Member]</link:label>
    <link:label id="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56_documentation_en-US" xlink:label="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund II [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FundIiMember" xlink:label="loc_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:to="lab_akr_FundIiMember_82E4A8F7968340E8E395011517582D56" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13_label_en-US" xlink:label="lab_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13" xlink:to="lab_dei_LegalEntityAxis_85194BD90E27B6ECF91A011517588D13" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F_label_en-US" xlink:label="lab_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F" xlink:to="lab_dei_EntityDomain_FB1D95892DA9C19F7FD201151758564F" xlink:type="arc" />
    <link:label id="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC_terseLabel_en-US" xlink:label="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund I and Mervyns I</link:label>
    <link:label id="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC_label_en-US" xlink:label="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund I and Mervyns I [Member]</link:label>
    <link:label id="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC_documentation_en-US" xlink:label="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund I and Mervyns I [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FundIAndMervynsIMember" xlink:label="loc_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:to="lab_akr_FundIAndMervynsIMember_4AAC2520C8E0F6EE8E5D0115175875CC" xlink:type="arc" />
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24_terseLabel_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Line Items]</link:label>
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24_label_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Line Items]</link:label>
    <link:label id="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24_documentation_en-US" xlink:label="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Line Items]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems" xlink:label="loc_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:to="lab_akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_ED2EF69DDB893DBBDC1A01151758FB24" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C_verboseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest by general partner or managing partner</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_067A25626AC0FA4049C501151758472C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of retail properties (in properties)</link:label>
    <link:label id="lab_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648_label_en-US" xlink:label="lab_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Real Estate Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfRealEstateProperties" xlink:label="loc_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648" xlink:to="lab_us-gaap_NumberOfRealEstateProperties_D633C558964B51B91E3701151758E648" xlink:type="arc" />
    <link:label id="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0_terseLabel_en-US" xlink:label="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of opportunity funds</link:label>
    <link:label id="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0_label_en-US" xlink:label="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Opportunity Funds</link:label>
    <link:label id="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0_documentation_en-US" xlink:label="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Opportunity Funds</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NumberOfOpportunityFunds" xlink:label="loc_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:to="lab_akr_NumberOfOpportunityFunds_591BDE3153F2F07C460801151758EDE0" xlink:type="arc" />
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850_terseLabel_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining funds rate of distribution to partnership</link:label>
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850_label_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining Funds Rate of Distribution to Partnership</link:label>
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850_documentation_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Remaining Funds Rate of Distribution to Partnership</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_RemainingFundsRateOfDistributionToPartnership" xlink:label="loc_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:to="lab_akr_RemainingFundsRateOfDistributionToPartnership_F249212F525FC87C10AD011517581850" xlink:type="arc" />
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB_terseLabel_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining funds rate of distribution to all partners</link:label>
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB_label_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining Funds Rate of Distribution to All Partners</link:label>
    <link:label id="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB_documentation_en-US" xlink:label="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Remaining Funds Rate of Distribution to All Partners</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_RemainingFundsRateOfDistributionToAllPartners" xlink:label="loc_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:to="lab_akr_RemainingFundsRateOfDistributionToAllPartners_D8A0DD43A9DC4299A15201151758ABEB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments of dividends</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9" xlink:to="lab_us-gaap_PaymentsOfDividends_ECF38A225469E3DDF8A40115175818E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestAbstract_E730D5B21FFD0FE58777011517A8D09B_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestAbstract_E730D5B21FFD0FE58777011517A8D09B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NoncontrollingInterestAbstract" xlink:label="loc_us-gaap_NoncontrollingInterestAbstract_E730D5B21FFD0FE58777011517A8D09B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestAbstract_E730D5B21FFD0FE58777011517A8D09B" xlink:to="lab_us-gaap_NoncontrollingInterestAbstract_E730D5B21FFD0FE58777011517A8D09B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Table]</link:label>
    <link:label id="lab_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91_label_en-US" xlink:label="lab_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestTable" xlink:label="loc_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91" xlink:to="lab_us-gaap_MinorityInterestTable_4BC9B07BC8722CED9B98011517A83B91" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_7C4BBFE44A81FF5239E1011517A879A2_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7C4BBFE44A81FF5239E1011517A879A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_7C4BBFE44A81FF5239E1011517A879A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_7C4BBFE44A81FF5239E1011517A879A2" xlink:to="lab_us-gaap_AwardTypeAxis_7C4BBFE44A81FF5239E1011517A879A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1E85AC1C146551A4A5C7011517A85F84" xlink:type="arc" />
    <link:label id="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6_terseLabel_en-US" xlink:label="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At The Market Equity Program</link:label>
    <link:label id="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6_label_en-US" xlink:label="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At The Market Equity Program [Member]</link:label>
    <link:label id="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6_documentation_en-US" xlink:label="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">At The Market Equity Program [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AtMarketEquityProgramMember" xlink:label="loc_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:to="lab_akr_AtMarketEquityProgramMember_59C4D63AB4ED6A36F82A011517A8C0B6" xlink:type="arc" />
    <link:label id="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3_terseLabel_en-US" xlink:label="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LTIP Units</link:label>
    <link:label id="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3_label_en-US" xlink:label="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LTIP Units [Member]</link:label>
    <link:label id="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3_documentation_en-US" xlink:label="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LTIP Units [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LtipUnitsMember" xlink:label="loc_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:to="lab_akr_LtipUnitsMember_88FD59DDB45D05BD52D9011517A861D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B" xlink:to="lab_us-gaap_StatementClassOfStockAxis_4A0BC977FE89912C6DFA011517A8AD8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991" xlink:to="lab_us-gaap_ClassOfStockDomain_2FB952478BA27AC449A5011517A8B991" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F" xlink:to="lab_us-gaap_CommonStockMember_D725EB9BFD332F5F3FAF011517A8408F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock</link:label>
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3_label_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3" xlink:to="lab_us-gaap_SeriesAPreferredStockMember_19F6217FE25F9F373E9D011517A83CC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Line Items]</link:label>
    <link:label id="lab_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91_label_en-US" xlink:label="lab_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestLineItems" xlink:label="loc_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91" xlink:to="lab_us-gaap_MinorityInterestLineItems_A629BC3A59BF367E249A011517A89B91" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common stock issued during the period</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_9C3C8A43A13D00D4AB54011517A85C6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross proceeds from issuance of common stock</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_1AE1544A8BA334666BD3011517A8A642" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of common stock</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_DB1141FB778A9EC70799011517A8394B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC_verboseLabel_en-US" xlink:label="lab_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Limited partners' common OP units</link:label>
    <link:label id="lab_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC_label_en-US" xlink:label="lab_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Partners' Capital Account, Units Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding" xlink:label="loc_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC" xlink:to="lab_us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_72EA25B8CE0980837FD6011517A806CC" xlink:type="arc" />
    <link:label id="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82_terseLabel_en-US" xlink:label="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation, outstanding (in shares)</link:label>
    <link:label id="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82_label_en-US" xlink:label="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Units Outstanding</link:label>
    <link:label id="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82_documentation_en-US" xlink:label="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Units Outstanding</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ShareBasedCompensationUnitsOutstanding" xlink:label="loc_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:to="lab_akr_ShareBasedCompensationUnitsOutstanding_A32E4C0097CAA383B159011517A8EA82" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B" xlink:to="lab_us-gaap_FairValueByBalanceSheetGroupingTable_D3BCFFC5B4580F1D44BD84BAF1FF579B" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping, Disclosure Item Amounts [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_A6B2BD7B741F3A81D03E84BAF1FFE86F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Disclosure Item Amounts [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0" xlink:to="lab_us-gaap_FairValueDisclosureItemAmountsDomain_4140AECA219EAFD56E4D84BAF1FFBDB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_FDB8C1EA81F8A15C0E0485B193217E60" xlink:type="arc" />
    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying (Reported) Amount, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reported Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B" xlink:to="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_60B310DC5B140C54018684BAF1FFB95B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimate of Fair Value Measurement [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_5BDAC776CF5E8076C52A84BAF1FF2BD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938" xlink:to="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2EF2FF5037CAEEFDED8684BAF2001938" xlink:type="arc" />
    <link:label id="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D_terseLabel_en-US" xlink:label="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes Receivable and Preferred Equity Investments</link:label>
    <link:label id="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D_label_en-US" xlink:label="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable and Preferred Equity Investments, Fair Value</link:label>
    <link:label id="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D_documentation_en-US" xlink:label="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notes Receivable and Preferred Equity Investments, Fair Value</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NotesReceivableandPreferredEquityInvestmentsFairValue" xlink:label="loc_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:to="lab_akr_NotesReceivableandPreferredEquityInvestmentsFairValue_813B9E76F291DCCA634C84BAF200763D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage, Convertible Notes and Other Notes Payable</link:label>
    <link:label id="lab_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65" xlink:to="lab_us-gaap_LongTermDebtFairValue_7EEDAD21F246582C0BE584BAF201CE65" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76" xlink:to="lab_us-gaap_AssetsAbstract_908A9C473179B380C1DF84BAF2503A76" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net real estate</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Net Real Estate</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Net Real Estate</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationNetRealEstate_2A4BF293EDE83FFFBF4684BAF2515384" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rents receivable, net</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Rents Receivable, Net</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Rents Receivable, Net</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationRentsReceivableNet_A74AF016CA93879C36CF84BAF251AA56" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred charges, net</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Deferred Charges, Net of Amortization</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Deferred Charges, Net of Amortization</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationDeferredChargesNetOfAmortization_31197FEFCE13FCEBAC1484BAF251B624" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and other assets</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Prepaid Expenses and Other Assets, Net</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Prepaid Expenses and Other Assets, Net</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationPrepaidExpensesAndOtherAssetsNet_C5C85168099BA8D8DEA784BAF251E30A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets of discontinued operations</link:label>
    <link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E_label_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets of Disposal Group, Including Discontinued Operation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E" xlink:to="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_A7C42FBFCB7CAF5D1EDC84BAF251D43E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B" xlink:to="lab_us-gaap_LiabilitiesAbstract_E1F195623EFF68E2BF5984BAF251090B" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Expenses</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Expenses</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedExpenses_2E44422C2AF31D7287D384BAF251A4B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Other Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherLiabilities_EDD9F8EE32E922F0CFCD84BAF251910B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities of discontinued operations</link:label>
    <link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8_label_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities of Disposal Group, Including Discontinued Operation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8" xlink:to="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_0FBF9EBC6A557051504084BAF251F5F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">STATEMENTS OF OPERATIONS</link:label>
    <link:label id="lab_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B_label_en-US" xlink:label="lab_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract" xlink:label="loc_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B" xlink:to="lab_us-gaap_DisposalGroupNotDiscontinuedOperationIncomeStatementDisclosuresAbstract_71DF553AAA596BB0F81084BAF251E50B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_B1825C9251515035AB3184BAF2515094" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Operating Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_6966C29972329DD682B684BAF251A835" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42_totalLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating income</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss_870D1E11207255183F4F84BAF2512F42" xlink:type="arc" />
    <link:label id="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on disposition of property</link:label>
    <link:label id="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A" xlink:to="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_0FBE4C142078F30601458559B271FA1A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_ECBB2491615A32B4D28584BAF251A1C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338_negatedNetLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations attributable to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_1F2B1568FAB6F3E20C8E84BAF2510338" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations attributable to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_FC98B11AC76E910F326284BAF251AEFE" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_1D776C33638B23E45921011517C62680_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_1D776C33638B23E45921011517C62680" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments and Joint Ventures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="loc_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_1D776C33638B23E45921011517C62680" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_1D776C33638B23E45921011517C62680" xlink:to="lab_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_1D776C33638B23E45921011517C62680" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in and Advances to Unconsolidated Affiliates</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advances to Affiliates, Schedule of Investments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock" xlink:label="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F" xlink:to="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_F70F2832267A47C1F6D0011517C6CE9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAbstract_1F98A35EE0BA842567F891A530DF2709_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_1F98A35EE0BA842567F891A530DF2709" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaap_SegmentReportingAbstract_1F98A35EE0BA842567F891A530DF2709" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingAbstract_1F98A35EE0BA842567F891A530DF2709" xlink:to="lab_us-gaap_SegmentReportingAbstract_1F98A35EE0BA842567F891A530DF2709" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_22A21B7D18FBD90CDE3191A530DF89C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39_terseLabel_en-US" xlink:label="lab_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Structured Financing</link:label>
    <link:label id="lab_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39_label_en-US" xlink:label="lab_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesReceivableMember" xlink:label="loc_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39" xlink:to="lab_us-gaap_NotesReceivableMember_97967174C67149BA572E91A530DF3C39" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_4C9C6181FEA39B620CDD91A530DF8A37" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of reportable segments</link:label>
    <link:label id="lab_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Reportable Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708" xlink:to="lab_us-gaap_NumberOfReportableSegments_24352897C74C8BB48DC991A530DF1708" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3_label_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Revenue, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateRevenueNet" xlink:label="loc_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3" xlink:to="lab_us-gaap_RealEstateRevenueNet_16E64D932115324F117D91A530DF1AF3" xlink:type="arc" />
    <link:label id="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A_negatedTerseLabel_en-US" xlink:label="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Property operating expenses, other operating and real estate taxes</link:label>
    <link:label id="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A_label_en-US" xlink:label="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Operating Expenses and Real Estate Taxes</link:label>
    <link:label id="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A_documentation_en-US" xlink:label="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property Operating Expenses and Real Estate Taxes</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_PropertyOperatingExpensesAndRealEstateTaxes" xlink:label="loc_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:to="lab_akr_PropertyOperatingExpensesAndRealEstateTaxes_D39598CFD7392062813791A530DFA55A" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_60D8824F54353A8FE03291A530DF5DCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF_label_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization, Nonproduction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF" xlink:to="lab_us-gaap_DepreciationAndAmortization_72A4658EF3478284627691A530DF54AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating income</link:label>
    <link:label id="lab_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A_label_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A" xlink:to="lab_us-gaap_OperatingIncomeLoss_A7CEEB256BEF572B96E591A530E0655A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity in (losses) earnings of unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_8CC65FA5169737708C1491A530E0A22C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Impairment of asset</link:label>
    <link:label id="lab_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838_label_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Impairment Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838" xlink:to="lab_us-gaap_AssetImpairmentCharges_EF90078AE2580D437CC391A530E05838" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss on debt extinguishment</link:label>
    <link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D_label_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) on Extinguishment of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_FEB8D2041ADB6082AC9091A530E03B0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on disposition of property</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA" xlink:to="lab_us-gaap_GainLossOnSaleOfPropertyPlantEquipment_BDD6D08D3B39E87C891591A530E0DBBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest and other finance expense</link:label>
    <link:label id="lab_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C_label_en-US" xlink:label="lab_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Debt Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestAndDebtExpense" xlink:label="loc_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C" xlink:to="lab_us-gaap_InterestAndDebtExpense_A479F0FFC935E6ED1E2791A530E0D79C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit (provision)</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_C3F8A52C34E57717B09091A530E0D3E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_29800DC420ED58C43C2791A530E0F806" xlink:type="arc" />
    <link:label id="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB_verboseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Operating income from discontinued operations</link:label>
    <link:label id="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB" xlink:to="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_75D1C6E254DD23359E5F91A530E031FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3_negatedNetLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xml:lang="en-US">(Income) loss from continuing operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_052BBA9B482C9A6E687691A530E1B1D3" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_DE24944FFBD936185F5D91A530E1F491_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_DE24944FFBD936185F5D91A530E1F491" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_DE24944FFBD936185F5D91A530E1F491" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_DE24944FFBD936185F5D91A530E1F491" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_DE24944FFBD936185F5D91A530E1F491" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net (income) loss attributable to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_10637D327AD231D43A2291A530E14552" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_62210D48AAB0DC391FD491A530E1E61C" xlink:type="arc" />
    <link:label id="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A_terseLabel_en-US" xlink:label="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate at Cost</link:label>
    <link:label id="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A_label_en-US" xlink:label="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property And Development in Process, At Cost</link:label>
    <link:label id="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A_documentation_en-US" xlink:label="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property And Development in Process, At Cost</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost" xlink:label="loc_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:to="lab_akr_RealEstateInvestmentPropertyAndDevelopmentinProcessAtCost_B211C884C175A9969C5091A530E1827A" xlink:type="arc" />
    <link:label id="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F_terseLabel_en-US" xlink:label="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Assets</link:label>
    <link:label id="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F_label_en-US" xlink:label="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Continued Operations</link:label>
    <link:label id="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F_documentation_en-US" xlink:label="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets, Continued Operations</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AssetsContinuedOperations" xlink:label="loc_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:to="lab_akr_AssetsContinuedOperations_67C3D8C43C2B1426DE3C91A530E1FA2F" xlink:type="arc" />
    <link:label id="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB_terseLabel_en-US" xlink:label="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of Real Estate</link:label>
    <link:label id="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB_label_en-US" xlink:label="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Acquired1</link:label>
    <link:label id="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB_documentation_en-US" xlink:label="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate Acquired1</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_RealEstateAcquired1" xlink:label="loc_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:to="lab_akr_RealEstateAcquired1_D2A7E56401F930AC65ED91A530E1D0EB" xlink:type="arc" />
    <link:label id="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3_terseLabel_en-US" xlink:label="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in Redevelopment and Improvements</link:label>
    <link:label id="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3_label_en-US" xlink:label="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment in Redevelopment and Improvements1</link:label>
    <link:label id="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3_documentation_en-US" xlink:label="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment in Redevelopment and Improvements1</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InvestmentinRedevelopmentandImprovements1" xlink:label="loc_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:to="lab_akr_InvestmentinRedevelopmentandImprovements1_00658B9E92E97E1FE29191A530E1B0F3" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Table]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BC49A033ADF66DC9A959836A10535911" xlink:type="arc" />
    <link:label id="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7_terseLabel_en-US" xlink:label="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund III</link:label>
    <link:label id="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7_label_en-US" xlink:label="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund III [Member]</link:label>
    <link:label id="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7_documentation_en-US" xlink:label="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund III [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FundIiiMember" xlink:label="loc_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:to="lab_akr_FundIiiMember_52FE30A1543C2AAE4DDD836A105316C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_2FC8B1D9622E302FA1DD836A1053B3A0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_D6A57AE84A1CA25E1DA1836A10539ED6" xlink:type="arc" />
    <link:label id="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB_terseLabel_en-US" xlink:label="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Walnut Hill</link:label>
    <link:label id="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB_label_en-US" xlink:label="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Walnut Hill Property [Member]</link:label>
    <link:label id="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB_documentation_en-US" xlink:label="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Walnut Hill Property [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_WalnutHillPropertyMember" xlink:label="loc_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:to="lab_akr_WalnutHillPropertyMember_0734F30D57C8728B64B8836A1053FDBB" xlink:type="arc" />
    <link:label id="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7_terseLabel_en-US" xlink:label="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sheepshead Bay</link:label>
    <link:label id="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7_label_en-US" xlink:label="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sheepshead Bay [Member]</link:label>
    <link:label id="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7_documentation_en-US" xlink:label="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sheepshead Bay [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SheepsheadBayMember" xlink:label="loc_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:to="lab_akr_SheepsheadBayMember_77F92A29E18A50FE1E5C836A1053EDF7" xlink:type="arc" />
    <link:label id="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB_terseLabel_en-US" xlink:label="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Point</link:label>
    <link:label id="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB_label_en-US" xlink:label="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Point [Member]</link:label>
    <link:label id="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB_documentation_en-US" xlink:label="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">City Point [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_CityPointMember" xlink:label="loc_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:to="lab_akr_CityPointMember_EB24B229C5444FB16317836A10539ECB" xlink:type="arc" />
    <link:label id="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760_terseLabel_en-US" xlink:label="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other post-sale adjustments</link:label>
    <link:label id="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760_label_en-US" xlink:label="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Post-sale Adjustments [Member]</link:label>
    <link:label id="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760_documentation_en-US" xlink:label="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Post-sale Adjustments [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OtherPostsaleAdjustmentsMember" xlink:label="loc_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:to="lab_akr_OtherPostsaleAdjustmentsMember_3485E94864768592E027836A10537760" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_72A929F25E6A70DB4030836A1053E5D2" xlink:type="arc" />
    <link:label id="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262_terseLabel_en-US" xlink:label="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of real estate held-for-investment, gross</link:label>
    <link:label id="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262_label_en-US" xlink:label="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Real Estate Held-for-investment, Gross</link:label>
    <link:label id="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262_documentation_en-US" xlink:label="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Real Estate Held-for-investment, Gross</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross" xlink:label="loc_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:to="lab_akr_ProceedsFromSaleOfRealEstateHeldForInvestmentGross_B8C1E5786937CA4626F5836A10537262" xlink:type="arc" />
    <link:label id="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757_terseLabel_en-US" xlink:label="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on disposition of property</link:label>
    <link:label id="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757_label_en-US" xlink:label="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Gross</link:label>
    <link:label id="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757_documentation_en-US" xlink:label="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Gross</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross" xlink:label="loc_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:to="lab_akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross_29CC12F86DAE07F43306836A10531757" xlink:type="arc" />
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6_terseLabel_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-recourse Debt</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6_label_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operations, Long-Term Debt</link:label>
    <link:label id="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6_documentation_en-US" xlink:label="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operations, Long-Term Debt</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt" xlink:label="loc_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:to="lab_akr_DisposalGroupIncludingDiscontinuedOperationsLongTermDebt_D3500150DC9F1199072C836A105388D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273" xlink:to="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_395EA6CEB424FA0A86998DBDC75D1273" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="loc_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0" xlink:to="lab_us-gaap_RestructuringCostAndReserveLineItems_F1D47064F71E9F920C488DBDC75E74C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_664763CB4DA3999CA95E8DBDC75EA2FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Combined Assets and Liabilities and Results of Operations of the Properties Classified as Discontinued Operations</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock" xlink:label="loc_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07" xlink:to="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_16B04395C5E9553C97988DBDC75ECB07" xlink:type="arc" />
    <link:label id="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9_terseLabel_en-US" xlink:label="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Property Dispositions</link:label>
    <link:label id="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9_label_en-US" xlink:label="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Property Dispositions [Table Text Block]</link:label>
    <link:label id="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9_documentation_en-US" xlink:label="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Property Dispositions [Table Text Block]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ScheduleOfPropertyDispositionsTableTextBlock" xlink:label="loc_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:to="lab_akr_ScheduleOfPropertyDispositionsTableTextBlock_AF3A9CE0761EE1665CAD8DBDC75E86F9" xlink:type="arc" />
    <link:label id="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5_terseLabel_en-US" xlink:label="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund II and Mervyns II</link:label>
    <link:label id="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5_label_en-US" xlink:label="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fund II and Mervyns II [Member]</link:label>
    <link:label id="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5_documentation_en-US" xlink:label="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fund II and Mervyns II [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FundIiAndMervynsIiMember" xlink:label="loc_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:to="lab_akr_FundIiAndMervynsIiMember_ED07E48D8556AE7447508F423E47C9E5" xlink:type="arc" />
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA_terseLabel_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Partnership Share of Capital</link:label>
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA_label_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Share of Capital</link:label>
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA_documentation_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Share of Capital</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital" xlink:label="loc_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:to="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipShareOfCapital_0D5298E849EF8EC2588D8F423E4760FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed Capital</link:label>
    <link:label id="lab_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3_label_en-US" xlink:label="lab_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General Partners' Contributed Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralPartnersContributedCapital" xlink:label="loc_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3" xlink:to="lab_us-gaap_GeneralPartnersContributedCapital_4EC896A106E2272F9D358F423E4785A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Called as of June 30, 2013</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Contributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646" xlink:to="lab_us-gaap_PartnersCapitalAccountContributions_4F47FB873D8941D7B8098F423E47F646" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_D1F78456E20A7440FA4F8F423E472FAC_terseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_D1F78456E20A7440FA4F8F423E472FAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership Interest By General Partner or Managing Partner</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_D1F78456E20A7440FA4F8F423E472FAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_D1F78456E20A7440FA4F8F423E472FAC" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_D1F78456E20A7440FA4F8F423E472FAC" xlink:type="arc" />
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE_terseLabel_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Return</link:label>
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE_label_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners, Preferred Return</link:label>
    <link:label id="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE_documentation_en-US" xlink:label="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners, Preferred Return</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn" xlink:label="loc_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:to="lab_akr_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpMembersOrLimitedPartnersPreferredReturn_D28EC12DCC77144CDC7C8F423E48F8AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Returned as of June 30, 2013</link:label>
    <link:label id="lab_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6_label_en-US" xlink:label="lab_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital Account, Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PartnersCapitalAccountDistributions" xlink:label="loc_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6" xlink:to="lab_us-gaap_PartnersCapitalAccountDistributions_FDCEB3241F6A5BEA3DEC8F423E486AF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company's fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102" xlink:to="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_54135D0E36C596922699011516865102" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of financial instruments, Assets and Liabilities</link:label>
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D" xlink:to="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_DD1645683705A8946E8F01151686F70D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_15916E2228E9B4F378CF84BAF2C20F0F_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_15916E2228E9B4F378CF84BAF2C20F0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_15916E2228E9B4F378CF84BAF2C20F0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_15916E2228E9B4F378CF84BAF2C20F0F" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_15916E2228E9B4F378CF84BAF2C20F0F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4_label_en-US" xlink:label="lab_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4" xlink:to="lab_us-gaap_StatementTable_CD8B43FC839868125FB684BAF2C2C8F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_89E4D038455420504A9684BAF2C2F9B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4" xlink:to="lab_us-gaap_EquityComponentDomain_9612D1C3F96F2C7E62BF84BAF2C235F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056" xlink:to="lab_us-gaap_StatementLineItems_1FA8F68D2918C05073B784BAF2C3E056" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_32751F7254C97E8B037A84BAF2C3624A" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_AC6A2E0764C6D518558F01151758E520_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_AC6A2E0764C6D518558F01151758E520" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_AC6A2E0764C6D518558F01151758E520" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_AC6A2E0764C6D518558F01151758E520" xlink:to="lab_us-gaap_EarningsPerShareAbstract_AC6A2E0764C6D518558F01151758E520" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Common Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_95E2D07B6EEA362B766A01151758C46E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsAbstract_8A0723D845A1A0E0517E8DBDC6F08A4C_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsAbstract_8A0723D845A1A0E0517E8DBDC6F08A4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaap_RelatedPartyTransactionsAbstract_8A0723D845A1A0E0517E8DBDC6F08A4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsAbstract_8A0723D845A1A0E0517E8DBDC6F08A4C" xlink:to="lab_us-gaap_RelatedPartyTransactionsAbstract_8A0723D845A1A0E0517E8DBDC6F08A4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C" xlink:to="lab_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_DB61F75DB5B026DB5F9C8DBDC6F0DB5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investee, Name [Axis]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_C94163F674CAD854DF648DBDC6F04172" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investee, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B" xlink:to="lab_us-gaap_EquityMethodInvesteeNameDomain_C6D9E4C8635ADD9C5E828DBDC6F01C9B" xlink:type="arc" />
    <link:label id="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9_terseLabel_en-US" xlink:label="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unconsolidated Affiliates</link:label>
    <link:label id="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9_label_en-US" xlink:label="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unconsolidated Affiliates [Member]</link:label>
    <link:label id="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9_documentation_en-US" xlink:label="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unconsolidated Affiliates [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_UnconsolidatedAffiliatesMember" xlink:label="loc_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:to="lab_akr_UnconsolidatedAffiliatesMember_1CEE3E513CB49B92536A8DBDC6F0D9E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transactions, by Related Party [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B" xlink:to="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_1EBB627760E8505352408DBDC6F02A0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D" xlink:to="lab_us-gaap_RelatedPartyDomain_2F34824ECB32338958B78DBDC6F0F66D" xlink:type="arc" />
    <link:label id="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5_terseLabel_en-US" xlink:label="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lead Trustee</link:label>
    <link:label id="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5_label_en-US" xlink:label="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lead Trustee [Member]</link:label>
    <link:label id="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5_documentation_en-US" xlink:label="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lead Trustee [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LeadTrusteeMember" xlink:label="loc_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:to="lab_akr_LeadTrusteeMember_407BC7F917DED889E89E8DBDC6F066F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7" xlink:to="lab_us-gaap_RelatedPartyTransactionLineItems_DA4052252312151B94448DBDC6F035D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from related parties</link:label>
    <link:label id="lab_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0_label_en-US" xlink:label="lab_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Related Parties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0" xlink:to="lab_us-gaap_RevenueFromRelatedParties_C2B66268DCF7390D01258DBDC6F02AB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related party transaction expense</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction, Expenses from Transactions with Related Party</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xlink:label="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB" xlink:to="lab_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty_2F9A2EB947E83D9252938DBDC6F10DEB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transactions</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837" xlink:to="lab_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_3FB5DA742F8BA89441030115171C5837" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateAbstract_32B96698FF285921AB6E91A53124AE9D_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateAbstract_32B96698FF285921AB6E91A53124AE9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateAbstract" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateAbstract_32B96698FF285921AB6E91A53124AE9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateAbstract_32B96698FF285921AB6E91A53124AE9D" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateAbstract_32B96698FF285921AB6E91A53124AE9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NOTES RECEIVABLE AND PREFERRED EQUITY INVESTMENTS, NET</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, by Loan Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateByLoanDisclosureTextBlock_AFECBE506C2C7A37FA3591A531241BD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateScheduleTable" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateScheduleTable_D90D05CAFEE9210DF92B8F42AFD2689E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_2A417215CEBDD43D03848F42AFD2D9C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_1876DEC9F2ED20ED80158F42AFD2312B" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured Debt</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnsecuredDebtMember" xlink:label="loc_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4" xlink:to="lab_us-gaap_UnsecuredDebtMember_8BE50BB66AE826C841398F42AFD2B2A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured Debt</link:label>
    <link:label id="lab_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B_label_en-US" xlink:label="lab_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuredDebtMember" xlink:label="loc_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B" xlink:to="lab_us-gaap_SecuredDebtMember_4051C5FB3ADDB2137DA18F42AFD2024B" xlink:type="arc" />
    <link:label id="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81_terseLabel_en-US" xlink:label="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subscription Line</link:label>
    <link:label id="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81_label_en-US" xlink:label="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subscription Line [Member]</link:label>
    <link:label id="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81_documentation_en-US" xlink:label="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subscription Line [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SubscriptionLineMember" xlink:label="loc_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:to="lab_akr_SubscriptionLineMember_5C9D2BCC2DAAA47A72668F42AFD2FF81" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B_terseLabel_en-US" xlink:label="lab_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgages</link:label>
    <link:label id="lab_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B_label_en-US" xlink:label="lab_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgages [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgagesMember" xlink:label="loc_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B" xlink:to="lab_us-gaap_MortgagesMember_85530F4FB4F6FE5CD7358F42AFD25B1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction Loans</link:label>
    <link:label id="lab_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93_label_en-US" xlink:label="lab_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loans [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConstructionLoansMember" xlink:label="loc_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93" xlink:to="lab_us-gaap_ConstructionLoansMember_68DC5FC79DCCDA4692188F42AFD24D93" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D" xlink:to="lab_us-gaap_DebtInstrumentAxis_18775C7FC17A2772664E8F42AFD2936D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_91656E710D713323512D8F42AFD2BA83" xlink:type="arc" />
    <link:label id="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D_terseLabel_en-US" xlink:label="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured credit facility</link:label>
    <link:label id="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D_label_en-US" xlink:label="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Credit Facility [Member]</link:label>
    <link:label id="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D_documentation_en-US" xlink:label="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unsecured Credit Facility [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_UnsecuredCreditFacilityMember" xlink:label="loc_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:to="lab_akr_UnsecuredCreditFacilityMember_0717F92816A56F3E81468F42AFD2816D" xlink:type="arc" />
    <link:label id="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5_terseLabel_en-US" xlink:label="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Libor Plus 2.25% Mortgage Note</link:label>
    <link:label id="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5_label_en-US" xlink:label="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Libor Plus Two Point Two Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5_documentation_en-US" xlink:label="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Libor Plus Two Point Two Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember" xlink:label="loc_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:to="lab_akr_LiborPlusTwoPointTwoFivePercentMortgageNoteMember_2426BB52CC7BE2E2093B8F42AFD217A5" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 1.65% Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727_label_en-US" xlink:label="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Six Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727_documentation_en-US" xlink:label="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Six Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:to="lab_akr_LIBORPlusOnePointSixFivePercentMortgageNoteMember_FD4B5F05CE35EB2D07748F42AFD3B727" xlink:type="arc" />
    <link:label id="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8_terseLabel_en-US" xlink:label="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Libor Plus 1.55% Mortgage Note</link:label>
    <link:label id="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8_label_en-US" xlink:label="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Libor Plus One Point Five Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8_documentation_en-US" xlink:label="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Libor Plus One Point Five Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember" xlink:label="loc_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:to="lab_akr_LiborPlusOnePointFiveFivePercentMortgageNoteMember_163F3BD01C5AA6261FFB8F42AFD3A8C8" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 1.88%, Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A_label_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Eight Eight Percent, Mortgage Note [Member] [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A_documentation_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Eight Eight Percent, Mortgage Note [Member] [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember" xlink:label="loc_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:to="lab_akr_LIBORPlusOnePointEightEightPercentMortgageNoteMemberMember_D364B00176D984D504A88F42AFD39C3A" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 1.70% Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F_label_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Seven Zero Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F_documentation_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Seven Zero Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:to="lab_akr_LIBORPlusOnePointSevenZeroPercentMortgageNoteMember_6590D23DCFC8971A663A8F42AFD38E3F" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 2.15% Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096_label_en-US" xlink:label="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus Two Point One Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096_documentation_en-US" xlink:label="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus Two Point One Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:to="lab_akr_LIBORPlusTwoPointOneFivePercentMortgageNoteMember_E6DAED45AEE6FBAC2CEE8F42AFD30096" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 1.85% Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617_label_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Eight Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617_documentation_en-US" xlink:label="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Eight Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:to="lab_akr_LIBORPlusOnePointEightFivePercentMortgageNoteMember_9B1734703C6142C54FA28F42AFD33617" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 2.35% Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3_label_en-US" xlink:label="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus Two Point Three Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3_documentation_en-US" xlink:label="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus Two Point Three Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:to="lab_akr_LIBORPlusTwoPointThreeFivePercentMortgageNoteMember_2F7ECD0CFE76E19387718F42AFD3A7D3" xlink:type="arc" />
    <link:label id="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978_terseLabel_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR Plus 1.75%, Mortgage Note</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978_label_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Seven Five Percent, Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978_documentation_en-US" xlink:label="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LIBOR Plus One Point Seven Five Percent, Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember" xlink:label="loc_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:to="lab_akr_LIBORPlusOnePointSevenFivePercentMortgageNoteMember_3CB1ED1E6306C058FFEF8F42AFD31978" xlink:type="arc" />
    <link:label id="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2_terseLabel_en-US" xlink:label="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction Loan Under the United States Imigration Investment Program</link:label>
    <link:label id="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2_label_en-US" xlink:label="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loan Under the United States Imigration Investment Program [Member]</link:label>
    <link:label id="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2_documentation_en-US" xlink:label="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Loan Under the United States Imigration Investment Program [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember" xlink:label="loc_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:to="lab_akr_ConstructionLoanUnderUnitedStatesImigrationInvestmentProgramMember_78AF56A0B448928D58178F42AFD381E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140" xlink:to="lab_us-gaap_CreditFacilityAxis_B07DB670460613E2E69D8F42AFD38140" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024" xlink:to="lab_us-gaap_CreditFacilityDomain_40FB1BCDF941932E244D8F42AFD36024" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:label id="lab_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32_label_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32" xlink:to="lab_us-gaap_LineOfCreditMember_413DF80345357058BE3A8F42AFD38F32" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3" xlink:to="lab_us-gaap_VariableRateAxis_907084551398E8223CEB8F42AFD365E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8" xlink:to="lab_us-gaap_VariableRateDomain_047418E340ABDB6248418F42AFD39FB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_7773D90A94A72B3F8CB08F42AFD3E096" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3_terseLabel_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extinguishment of Debt [Axis]</link:label>
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3_label_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extinguishment of Debt [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="loc_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3" xlink:to="lab_us-gaap_ExtinguishmentOfDebtAxis_85E806637DD87CBE7F388F42AFD30FD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7_terseLabel_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extinguishment of Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7_label_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extinguishment of Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="loc_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7" xlink:to="lab_us-gaap_ExtinguishmentOfDebtTypeDomain_A53FDEB540DC80E676478F42AFD493D7" xlink:type="arc" />
    <link:label id="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91_terseLabel_en-US" xlink:label="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6.35% Mortgage Note</link:label>
    <link:label id="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91_label_en-US" xlink:label="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Six Point Three Five Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91_documentation_en-US" xlink:label="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Six Point Three Five Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SixPointThreeFivePercentMortgageNoteMember" xlink:label="loc_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:to="lab_akr_SixPointThreeFivePercentMortgageNoteMember_DB5A3AB0792E2DFE14528F42AFD41D91" xlink:type="arc" />
    <link:label id="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206_terseLabel_en-US" xlink:label="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.65% Mortgage Note</link:label>
    <link:label id="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206_label_en-US" xlink:label="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Point Six Four Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206_documentation_en-US" xlink:label="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five Point Six Four Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FivePointSixFourPercentMortgageNoteMember" xlink:label="loc_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:to="lab_akr_FivePointSixFourPercentMortgageNoteMember_DDC0D15CD355499EC96D8F42AFD45206" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate [Line Items]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLineItems" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLineItems_AFD35B65920F7F1C95E38F42AFD44127" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from lines of credit</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_46B4E63968D713C582F18F42AFD4AD2E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of variable rate basis</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Description of Variable Rate Basis</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4" xlink:to="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_4E71BA440D43BF5F6C6D8F42AFD42AE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis spread on variable rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_B5553CBBB2F2B7B780EA8F42AFD44AF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New mortgage loans</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_3FB25568147AAD56D71A8F42AFD4F2CF" xlink:type="arc" />
    <link:label id="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6_terseLabel_en-US" xlink:label="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt refinanced</link:label>
    <link:label id="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6_label_en-US" xlink:label="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Refinanced Amount</link:label>
    <link:label id="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6_documentation_en-US" xlink:label="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Refinanced Amount</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LongTermDebtRefinancedAmount" xlink:label="loc_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:to="lab_akr_LongTermDebtRefinancedAmount_ABAAAB3CDDD1F2323E3A8F42AFD47DF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF_terseLabel_en-US" xlink:label="lab_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expensed unamortized loan costs</link:label>
    <link:label id="lab_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF_label_en-US" xlink:label="lab_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write off of Deferred Debt Issuance Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WriteOffOfDeferredDebtIssuanceCost" xlink:label="loc_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF" xlink:to="lab_us-gaap_WriteOffOfDeferredDebtIssuanceCost_6215C435412708A4990B8F42AFD47EFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23_terseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayments of long-term debt</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_4549DC14FBBA4175762B8F42AFD4AC23" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage and other notes payable</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4" xlink:to="lab_us-gaap_LongTermDebt_744647CEF6FC786EA3E38F42AFD4E4F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from secured notes payable</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Secured Notes Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSecuredNotesPayable" xlink:label="loc_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E" xlink:to="lab_us-gaap_ProceedsFromSecuredNotesPayable_D3EB792ED4A2905BA6A58F42AFD4753E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098_terseLabel_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extinguishment of debt, amount</link:label>
    <link:label id="lab_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098_label_en-US" xlink:label="lab_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extinguishment of Debt, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:label="loc_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098" xlink:to="lab_us-gaap_ExtinguishmentOfDebtAmount_364550EA9F15B02E78508F42AFD46098" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stated interest rate percentage</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_1F9CA274F1A34D1F0DC38F42AFD45D4A" xlink:type="arc" />
    <link:label id="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B_terseLabel_en-US" xlink:label="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Length of loan extension</link:label>
    <link:label id="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B_label_en-US" xlink:label="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Length of Loan Extension</link:label>
    <link:label id="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B_documentation_en-US" xlink:label="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Length of Loan Extension</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LengthOfLoanExtension" xlink:label="loc_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:to="lab_akr_LengthOfLoanExtension_CEC9FD6D270196F7B7E28F42AFD4118B" xlink:type="arc" />
    <link:label id="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598_terseLabel_en-US" xlink:label="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of loan extensions</link:label>
    <link:label id="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598_label_en-US" xlink:label="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Loan Extensions</link:label>
    <link:label id="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598_documentation_en-US" xlink:label="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Loan Extensions</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NumberOfLoanExtensions" xlink:label="loc_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:to="lab_akr_NumberOfLoanExtensions_0964B5A543CE2C9EAA3B8F42AFD49598" xlink:type="arc" />
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95_terseLabel_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction loan, amount released into restricted cash</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95_label_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Released into Restricted Cash</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95_documentation_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Released into Restricted Cash</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConstructionLoanAmountReleasedIntoRestrictedCash" xlink:label="loc_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:to="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCash_E67328AF457CB9EF73E18F42AFD49E95" xlink:type="arc" />
    <link:label id="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE_terseLabel_en-US" xlink:label="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction loan, amount withdrawn from restricted cash</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE_label_en-US" xlink:label="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Withdrawn From Restricted Cash</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE_documentation_en-US" xlink:label="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Withdrawn From Restricted Cash</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConstructionLoanAmountWithdrawnFromRestrictedCash" xlink:label="loc_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:to="lab_akr_ConstructionLoanAmountWithdrawnFromRestrictedCash_05AED118F49C4ACB53EC8F42AFD544CE" xlink:type="arc" />
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169_terseLabel_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction loan, amount released into restricted Cash, amount available</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169_label_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Released into Restricted Cash, Amount Available</link:label>
    <link:label id="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169_documentation_en-US" xlink:label="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Loan, Amount Released into Restricted Cash, Amount Available</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable" xlink:label="loc_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:to="lab_akr_ConstructionLoanAmountReleasedIntoRestrictedCashAmountAvailable_6F03A99F20E026CCECEC8F42AFD5F169" xlink:type="arc" />
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7_terseLabel_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7_label_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Accounting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7" xlink:to="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_3AB26C42350D2DEF1D7D0115174E5FD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D_terseLabel_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassifications</link:label>
    <link:label id="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D_label_en-US" xlink:label="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PriorPeriodReclassificationAdjustmentDescription" xlink:label="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D" xlink:to="lab_us-gaap_PriorPeriodReclassificationAdjustmentDescription_19E2BCB4F28291448A2E0115174E0E4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263_label_en-US" xlink:label="lab_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstatePolicyTextBlock" xlink:label="loc_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263" xlink:to="lab_us-gaap_RealEstatePolicyTextBlock_79749E695D176F27E2460115174E5263" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recent Accounting Pronouncements</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_9C75AB043940A802EFA90115174EE473" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization and Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_A8300D63D894DBD03C38011517B2854D" xlink:type="arc" />
    <link:label id="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92_terseLabel_en-US" xlink:label="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Certain Segment Information from Segments to Consolidated [Table Text Block]</link:label>
    <link:label id="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92_label_en-US" xlink:label="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Certain Segment Information from Segments to Consolidated [Table Text Block]</link:label>
    <link:label id="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92_documentation_en-US" xlink:label="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reconciliation of Certain Segment Information from Segments to Consolidated [Table Text Block]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock" xlink:label="loc_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:to="lab_akr_ReconciliationOfCertainSegmentInformationFromSegmentsToConsolidatedTableTextBlock_E26E878AE59AC15794FB01151730BB92" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_473A3B195390DAE0FAE291A5310B3464_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_473A3B195390DAE0FAE291A5310B3464" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_473A3B195390DAE0FAE291A5310B3464" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_473A3B195390DAE0FAE291A5310B3464" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_473A3B195390DAE0FAE291A5310B3464" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB_terseLabel_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
    <link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB_label_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:label="loc_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB" xlink:to="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_5C2FDB7D52FDBE0CBE9991A5310B96AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument Risk [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_2CA24F2D72BB1840844491A5310B434C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract Type [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_EED2210BD182B91EBF6091A5310B75A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Swap</link:label>
    <link:label id="lab_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swap [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471" xlink:to="lab_us-gaap_InterestRateSwapMember_DCA833E79D3FDD79449391A5310BE471" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) by Hedging Relationship [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_0FE4944610517FEB882A91A5310B97DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Domain]</link:label>
    <link:label id="lab_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64_label_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="loc_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64" xlink:to="lab_us-gaap_HedgingRelationshipDomain_35D329C37500E2C743D891A5310B9A64" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Flow Hedging</link:label>
    <link:label id="lab_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow Hedging [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashFlowHedgingMember" xlink:label="loc_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5" xlink:to="lab_us-gaap_CashFlowHedgingMember_6B9F6AB1A3FB95B4E5B891A5310BB1A5" xlink:type="arc" />
    <link:label id="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863_terseLabel_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Information [Axis]</link:label>
    <link:label id="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863_label_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Information [Axis]</link:label>
    <link:label id="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863_documentation_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Information [Axis]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DerivativeFinancialInstrumentsInformationAxis" xlink:label="loc_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:to="lab_akr_DerivativeFinancialInstrumentsInformationAxis_B2C0B3F6ADC3C6B82E1591A5310CC863" xlink:type="arc" />
    <link:label id="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA_terseLabel_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Type [Domain]</link:label>
    <link:label id="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA_label_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Type [Domain]</link:label>
    <link:label id="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA_documentation_en-US" xlink:label="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Type [Domain]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DerivativeFinancialInstrumentsTypeDomain" xlink:label="loc_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:to="lab_akr_DerivativeFinancialInstrumentsTypeDomain_19F33B098831B33C49FC91A5310C0CFA" xlink:type="arc" />
    <link:label id="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39_terseLabel_en-US" xlink:label="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed-Rate Derivatives, Maturing between November 2012 and December 2022</link:label>
    <link:label id="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39_label_en-US" xlink:label="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed-Rate Derivatives, Maturing between March 2012 and December 2022 [Member]</link:label>
    <link:label id="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39_documentation_en-US" xlink:label="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed-Rate Derivatives, Maturing between March 2012 and December 2022 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member" xlink:label="loc_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:to="lab_akr_FixedRateDerivativesMaturingBetweenMarch2012AndDecember2022Member_8C39E60D04EDA38B21C591A5310CBB39" xlink:type="arc" />
    <link:label id="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68_terseLabel_en-US" xlink:label="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68_label_en-US" xlink:label="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives [Member]</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68_documentation_en-US" xlink:label="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_VariableRateDerivativesMember" xlink:label="loc_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:to="lab_akr_VariableRateDerivativesMember_265CB3700DF1A75EBE9C91A5310CED68" xlink:type="arc" />
    <link:label id="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69_terseLabel_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives, Maturing in October 2012</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69_label_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives, Maturing in October 2012 [Member]</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69_documentation_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable-Rate Derivatives, Maturing in October 2012 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_VariableRateDerivativesMaturingInOctober2012Member" xlink:label="loc_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:to="lab_akr_VariableRateDerivativesMaturingInOctober2012Member_789FF0DE0940D05823EA91A5310CFF69" xlink:type="arc" />
    <link:label id="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA_terseLabel_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate Derivatives Maturing in July 2015 [Member]</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA_label_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate Derivatives Maturing in July 2015 [Member]</link:label>
    <link:label id="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA_documentation_en-US" xlink:label="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Rate Derivatives Maturing in July 2015 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_VariableRateDerivativesMaturingInJuly2015Member" xlink:label="loc_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:to="lab_akr_VariableRateDerivativesMaturingInJuly2015Member_C1E7DB70194CC6764E7591A5310C5CDA" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB_label_en-US" xlink:label="lab_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB" xlink:to="lab_us-gaap_RangeAxis_846043DCA6B35E4BADCB91A5310C8ECB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410_label_en-US" xlink:label="lab_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410" xlink:to="lab_us-gaap_RangeMember_7B9FDABA450B9C333EF291A5310CE410" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794_label_en-US" xlink:label="lab_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794" xlink:to="lab_us-gaap_MinimumMember_5FFC6625D5105607D69591A5310C5794" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859_label_en-US" xlink:label="lab_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859" xlink:to="lab_us-gaap_MaximumMember_FDBCC183E5887C2F456B91A5310C0859" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6" xlink:to="lab_us-gaap_BalanceSheetLocationAxis_4F53829285AB635A5E3691A5310CC1A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B" xlink:to="lab_us-gaap_BalanceSheetLocationDomain_53EA7066EEFE80413DC491A5310C597B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities [Member]</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D" xlink:to="lab_us-gaap_OtherLiabilitiesMember_EEAD63CC35526E01630A91A5310C026D" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid Expenses and Other Current Assets [Member]</link:label>
    <link:label id="lab_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE_label_en-US" xlink:label="lab_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expenses and Other Current Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember" xlink:label="loc_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE" xlink:to="lab_us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember_2ABF584D2AD63F16DE8B91A5310CF5FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, Fair Value [Line Items]</link:label>
    <link:label id="lab_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E_label_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, Fair Value [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="loc_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E" xlink:to="lab_us-gaap_DerivativesFairValueLineItems_2651AFC2EF3606862F8091A5310C8C8E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of interest rate swaps (in interest rate swaps)</link:label>
    <link:label id="lab_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7_label_en-US" xlink:label="lab_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Interest Rate Derivatives Held</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfInterestRateDerivativesHeld" xlink:label="loc_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7" xlink:to="lab_us-gaap_NumberOfInterestRateDerivativesHeld_CD2A32BEDD8294E814E391A5310DC0C7" xlink:type="arc" />
    <link:label id="lab_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4_terseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional Amount of Interest Rate Cash Flow Hedge Derivatives</link:label>
    <link:label id="lab_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Notional Amount</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4" xlink:to="lab_invest_DerivativeNotionalAmount_89899FC2CE69747A50C991A5310D8EE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Fixed Interest Rate</link:label>
    <link:label id="lab_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A_label_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Fixed Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFixedInterestRate" xlink:label="loc_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A" xlink:to="lab_us-gaap_DerivativeFixedInterestRate_1FC0DCFD3ABAFB49966791A5310D792A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Number of Instruments Held</link:label>
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C_label_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Number of Instruments Held</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNumberOfInstrumentsHeld" xlink:label="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C" xlink:to="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_841EAB3A186008C0132291A5310D356C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Cap Interest Rate</link:label>
    <link:label id="lab_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A_label_en-US" xlink:label="lab_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Cap Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCapInterestRate" xlink:label="loc_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A" xlink:to="lab_us-gaap_DerivativeCapInterestRate_FC5F94B0EA4D479EFB0391A5310DE50A" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income - unrealized loss on valuation of swap agreements</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_9C161E4921573851ED1C91A5310DC537" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_197844198B2AC40362B001151730C7EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ParentMember_541983991E09AB8430C591A531902686_terseLabel_en-US" xlink:label="lab_us-gaap_ParentMember_541983991E09AB8430C591A531902686" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Parent</link:label>
    <link:label id="lab_us-gaap_ParentMember_541983991E09AB8430C591A531902686_label_en-US" xlink:label="lab_us-gaap_ParentMember_541983991E09AB8430C591A531902686" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="loc_us-gaap_ParentMember_541983991E09AB8430C591A531902686" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentMember_541983991E09AB8430C591A531902686" xlink:to="lab_us-gaap_ParentMember_541983991E09AB8430C591A531902686" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_078A1C4D144730C8D07191A531903281_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_078A1C4D144730C8D07191A531903281" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_078A1C4D144730C8D07191A531903281" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_078A1C4D144730C8D07191A531903281" xlink:to="lab_us-gaap_CommonStockMember_078A1C4D144730C8D07191A531903281" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_DC3A3C751BA4FC5B63D391A53190336D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss)</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_31DA66064E27C9DD134591A531902CB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE" xlink:to="lab_us-gaap_RetainedEarningsMember_9182A239F1857125E36F91A5319000DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036" xlink:to="lab_us-gaap_NoncontrollingInterestMember_2074D2238CBC8F768C3E91A53190B036" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F" xlink:to="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_8CC31F29CBFEADD9968A91A53190D86F" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6_periodStartLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance (in Shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_CB84043C300DBB27CF1791A531907AB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_283BEAFEF5F462B89AFC91A531907F02" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Conversion of Units</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_4D97F4D80410384DF7F391A531902E88" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion of OP Units to Common Shares by limited partners of the Operating Partnership</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Conversion of Units</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfUnits" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_96FEC2E1A9290FBA547091A53190D7B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FFEC962637C4D33A2E2D91A5319057E5_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FFEC962637C4D33A2E2D91A5319057E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of Common Shares, net of issuance costs (in Shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FFEC962637C4D33A2E2D91A5319057E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FFEC962637C4D33A2E2D91A5319057E5" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FFEC962637C4D33A2E2D91A5319057E5" xlink:type="arc" />
    <link:label id="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328_terseLabel_en-US" xlink:label="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of Common Shares, net of issuance costs</link:label>
    <link:label id="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328_label_en-US" xlink:label="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Net of Issuance Costs</link:label>
    <link:label id="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328_documentation_en-US" xlink:label="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Net of Issuance Costs</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts" xlink:label="loc_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:to="lab_akr_StockIssuedDuringPeriodValueNetOfIssuanceCosts_8F799B8A16270276BC4091A53190E328" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared ($0.46 per Common Share)</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DividendsCommonStock" xlink:label="loc_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872" xlink:to="lab_us-gaap_DividendsCommonStock_C749FCEB8AC24F4E7D7891A531904872" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting of employee Restricted Share and LTIP awards (in Shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_1FB1376DB47D6A7A50E791A53190F157" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting of employee Restricted Share and LTIP awards</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_92824299FF7910DB69AD91A53191C9C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest distributions</link:label>
    <link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0" xlink:to="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8900E091B835789B50CD91A5319100F0" xlink:type="arc" />
    <link:label id="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3_terseLabel_en-US" xlink:label="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Increase from Contributions</link:label>
    <link:label id="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3_label_en-US" xlink:label="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Increase from Contributions</link:label>
    <link:label id="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3_documentation_en-US" xlink:label="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Increase from Contributions</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NoncontrollingInterestIncreaseFromContributions" xlink:label="loc_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:to="lab_akr_NoncontrollingInterestIncreaseFromContributions_F9A65953E44FBB4B87D891A5319117F3" xlink:type="arc" />
    <link:label id="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A_terseLabel_en-US" xlink:label="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance before adjustment towards comprehensive income (in Shares)</link:label>
    <link:label id="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A_label_en-US" xlink:label="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Issued Before Comprehensive Income</link:label>
    <link:label id="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A_documentation_en-US" xlink:label="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury before adjustment towards Comprehensive income.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SharesIssuedBeforeComprehensiveIncome" xlink:label="loc_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:to="lab_akr_SharesIssuedBeforeComprehensiveIncome_F00E90F51F0B25CC3DDC91A53191076A" xlink:type="arc" />
    <link:label id="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F_terseLabel_en-US" xlink:label="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance before adjustment towards comprehensive income</link:label>
    <link:label id="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F_label_en-US" xlink:label="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders Equity Including Portion Attributable To Noncontrolling Interest Before Comprehensive Income</link:label>
    <link:label id="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F_documentation_en-US" xlink:label="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest) before adjustment towards Comprehensive income.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome" xlink:label="loc_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:to="lab_akr_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeComprehensiveIncome_DA67FB3F2A142FFD850091A53191117F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive (loss) income:</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_BA3024CF79134F9BBEBF91A5319135D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_0B93448256F61B29ED2B91A5319118DD_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_0B93448256F61B29ED2B91A5319118DD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_0B93448256F61B29ED2B91A5319118DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_0B93448256F61B29ED2B91A5319118DD" xlink:to="lab_us-gaap_ProfitLoss_0B93448256F61B29ED2B91A5319118DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_2C1FC37D0911C684521791A531912F2A_periodEndLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_2C1FC37D0911C684521791A531912F2A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance (in Shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_2C1FC37D0911C684521791A531912F2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_2C1FC37D0911C684521791A531912F2A" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_2C1FC37D0911C684521791A531912F2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_DA520A0C05C2165DA1E491A53191F910_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_DA520A0C05C2165DA1E491A53191F910" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_DA520A0C05C2165DA1E491A53191F910" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_DA520A0C05C2165DA1E491A53191F910" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_DA520A0C05C2165DA1E491A53191F910" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLoanTypeAxis" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeAxis_A22E28F24C41A65B04EA91A5311A6155" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLoanTypeDomain" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLoanTypeDomain_496123448DE7CB97D87191A5311A69C5" xlink:type="arc" />
    <link:label id="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F_terseLabel_en-US" xlink:label="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, 6% Loan Due On Demand</link:label>
    <link:label id="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F_label_en-US" xlink:label="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Six Percent Loan Due On Demand [Member]</link:label>
    <link:label id="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F_documentation_en-US" xlink:label="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Six Percent Loan Due On Demand [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember" xlink:label="loc_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:to="lab_akr_FirstMortgageLoanSixPercentLoanDueOnDemandMember_D473F46B9ADCF2351AB991A5311A361F" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, 10% Due On Demand</link:label>
    <link:label id="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02_label_en-US" xlink:label="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Ten Percent Due On Demand [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02_documentation_en-US" xlink:label="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Ten Percent Due On Demand [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanTenPercentDueOnDemandMember" xlink:label="loc_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:to="lab_akr_MezzanineLoanTenPercentDueOnDemandMember_000A4A90FE3E31719DA791A5311ABA02" xlink:type="arc" />
    <link:label id="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113_terseLabel_en-US" xlink:label="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, 5.5% Loan Due 2016</link:label>
    <link:label id="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113_label_en-US" xlink:label="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Five Point Five Percent Loan Due 2016 [Member]</link:label>
    <link:label id="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113_documentation_en-US" xlink:label="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Five Point Five Percent Loan Due 2016 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member" xlink:label="loc_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:to="lab_akr_FirstMortgageLoanFivePointFivePercentLoanDue2016Member_8C3653E39B1CC912B91E91A5311AE113" xlink:type="arc" />
    <link:label id="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B_terseLabel_en-US" xlink:label="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Zero Coupon Loan</link:label>
    <link:label id="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B_label_en-US" xlink:label="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Zero Coupon Loan [Member]</link:label>
    <link:label id="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B_documentation_en-US" xlink:label="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Zero Coupon Loan [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ZeroCouponLoanMember" xlink:label="loc_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:to="lab_akr_ZeroCouponLoanMember_BC16B4A09C62757C4A6291A5311BA82B" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, 15% Due 2020</link:label>
    <link:label id="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511_label_en-US" xlink:label="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Fifteen Percent Due 2020 [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511_documentation_en-US" xlink:label="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Fifteen Percent Due 2020 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanFifteenPercentDue2020Member" xlink:label="loc_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:to="lab_akr_MezzanineLoanFifteenPercentDue2020Member_467179D5601260622A2891A5311BD511" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan Due With Capital Event</link:label>
    <link:label id="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58_label_en-US" xlink:label="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan Due With Capital Event [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58_documentation_en-US" xlink:label="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan Due With Capital Event [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanDueWithCapitalEventMember" xlink:label="loc_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:to="lab_akr_MezzanineLoanDueWithCapitalEventMember_034CD1D783CB95CD1CDF91A5311B4B58" xlink:type="arc" />
    <link:label id="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36_terseLabel_en-US" xlink:label="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Equity, 8.1% Loan, Due 2017</link:label>
    <link:label id="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36_label_en-US" xlink:label="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Equity, Eight Point One Percent Loan, Due 2017 [Member]</link:label>
    <link:label id="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36_documentation_en-US" xlink:label="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Equity, Eight Point One Percent Loan, Due 2017 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_PreferredEquityEightPointOnePercentLoanDue2017Member" xlink:label="loc_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:to="lab_akr_PreferredEquityEightPointOnePercentLoanDue2017Member_A5A51BDF8305FFC1572191A5311B0F36" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, 12.7% Loan, Due 2015</link:label>
    <link:label id="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA_label_en-US" xlink:label="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Twelve Point Seven Percent Loan, Due 2015 [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA_documentation_en-US" xlink:label="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, Twelve Point Seven Percent Loan, Due 2015 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member" xlink:label="loc_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:to="lab_akr_MezzanineLoanTwelvePointSevenPercentLoanDue2015Member_865AF59AA33189101F1491A5311B26CA" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC_terseLabel_en-US" xlink:label="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loan, Libor Plus 3.75% Loan, Due 2024</link:label>
    <link:label id="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC_label_en-US" xlink:label="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loan, LIBOR Plus Three Point Seven-Five Percent Loan, Due 2024 [Member]</link:label>
    <link:label id="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC_documentation_en-US" xlink:label="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loan, LIBOR Plus Three Point Seven-Five Percent Loan, Due 2024 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member" xlink:label="loc_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:to="lab_akr_MortgageLoanLIBORPlusThreePointSevenFivePercentLoanDue2024Member_B9A8304ACF1CF285566091B4FFDE6ABC" xlink:type="arc" />
    <link:label id="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081_terseLabel_en-US" xlink:label="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Equity, 13.5% Loan, Due 2016</link:label>
    <link:label id="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081_label_en-US" xlink:label="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Equity, Thirteen Point Five Percent Loan, Due 2016 [Member]</link:label>
    <link:label id="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081_documentation_en-US" xlink:label="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Equity, Thirteen Point Five Percent Loan, Due 2016 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member" xlink:label="loc_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:to="lab_akr_PreferredEquityThirteenPointFivePercentLoanDue2016Member_6E327F1A931C01C6EC6191A5311B9081" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, 2.5% Plus LIBOR Variable Interest Rate, Due 2020</link:label>
    <link:label id="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937_label_en-US" xlink:label="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, LIBOR Plus Two Point Five Percent Variable Interest Rate, Due 2020 [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937_documentation_en-US" xlink:label="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan, LIBOR Plus Two Point Five Percent Variable Interest Rate, Due 2020 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member" xlink:label="loc_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:to="lab_akr_MezzanineLoanLIBORPlusTwoPointFivePercentVariableInterestRateDue2020Member_15BC30B3064C969DB7D091A5311B1937" xlink:type="arc" />
    <link:label id="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726_terseLabel_en-US" xlink:label="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individually Less Than 3 Percent, Variable Interest Rate Due 2014 to Capital Event</link:label>
    <link:label id="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726_label_en-US" xlink:label="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individually Less Than Three Percent, Variable Interest Rate Due 2014 to Capital Event [Member]</link:label>
    <link:label id="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726_documentation_en-US" xlink:label="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individually Less Than Three Percent, Variable Interest Rate Due 2014 to Capital Event [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember" xlink:label="loc_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:to="lab_akr_IndividuallyLessThanThreePercentVariableInterestRateDue2014toCapitalEventMember_5375DFB7214AEFC7BA5391A5311BD726" xlink:type="arc" />
    <link:label id="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862_terseLabel_en-US" xlink:label="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, 8.0% Loan Due 2013</link:label>
    <link:label id="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862_label_en-US" xlink:label="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Eight Percent Loan Due 2013 [Member]</link:label>
    <link:label id="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862_documentation_en-US" xlink:label="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">First Mortgage Loan, Eight Percent Loan Due 2013 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FirstMortgageLoanEightPercentLoanDue2013Member" xlink:label="loc_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:to="lab_akr_FirstMortgageLoanEightPercentLoanDue2013Member_092EC6017FD56585F5D291A5311BA862" xlink:type="arc" />
    <link:label id="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563_terseLabel_en-US" xlink:label="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mezzanine Loan</link:label>
    <link:label id="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563_label_en-US" xlink:label="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mezzanine Loan [Member]</link:label>
    <link:label id="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563_documentation_en-US" xlink:label="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mezzanine Loan [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MezzanineLoanMember" xlink:label="loc_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:to="lab_akr_MezzanineLoanMember_DECF744BA5C4AFD2C38291A5311B7563" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Category [Axis]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Description, Loan Category [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis_9C26BE0249DA03CFC86691A5311C06FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Category [Domain]</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Category [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateLoanCategoryDomain_C8215CDDEB107F43F37891A5311C8B92" xlink:type="arc" />
    <link:label id="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF_terseLabel_en-US" xlink:label="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction Loan, 7.0% Percent, Due 2015</link:label>
    <link:label id="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF_label_en-US" xlink:label="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction Loan, Seven Point Zero Percent Loan, Due 2015 [Member]</link:label>
    <link:label id="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF_documentation_en-US" xlink:label="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction Loan, Seven Point Zero Percent Loan, Due 2015 [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member" xlink:label="loc_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:to="lab_akr_ConstructionLoanSevenPointZeroPercentLoanDue2015Member_07AD5CC6D5CBCC1BCD1791A5311CECAF" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net carrying amount</link:label>
    <link:label id="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6_label_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Net Carrying Amount</link:label>
    <link:label id="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6_documentation_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Net Carrying Amount</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansOnRealEstateNetCarryingAmount" xlink:label="loc_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:to="lab_akr_MortgageLoansOnRealEstateNetCarryingAmount_7DB7F45C59441E76E2FB91A5311D1CF6" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective interest rate</link:label>
    <link:label id="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934_label_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Effective Interest Rate</link:label>
    <link:label id="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934_documentation_en-US" xlink:label="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Effective Interest Rate</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansOnRealEstateEffectiveInterestRate" xlink:label="loc_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:to="lab_akr_MortgageLoansOnRealEstateEffectiveInterestRate_779B5B3FC5CCD90675A391A5311DE934" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prior liens</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Prior Liens</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstatePriorLiens1" xlink:label="loc_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5" xlink:to="lab_us-gaap_MortgageLoansOnRealEstatePriorLiens1_CC70674FA51A69F6A76D91A5311D0EC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30_verboseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount of mortgages</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Carrying Amount of Mortgages</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_DE62797E43D71D9FF24691A5311D2E30" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans receivable, basis spread on variable rate</link:label>
    <link:label id="lab_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27_label_en-US" xlink:label="lab_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableBasisSpreadOnVariableRate" xlink:label="loc_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27" xlink:to="lab_us-gaap_LoansReceivableBasisSpreadOnVariableRate_D3A88D9D10198864052E91A5311DED27" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of cross collateralized loans</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Cross Collateralized Loans</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Cross Collateralized Loans</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans" xlink:label="loc_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:to="lab_akr_MortgageLoansonRealEstateNumberofCrossCollateralizedLoans_2AB03D06705CCF3E1EC291A5311DCDA9" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of borrowers</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Borrowers</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Borrowers</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateNumberofBorrowers" xlink:label="loc_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:to="lab_akr_MortgageLoansonRealEstateNumberofBorrowers_F41F94168BADD857140791A5311D27A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of loans</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Loans</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateNumberOfLoans_E756C5CDDF3FFE2CF0F091A5311DEF7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from notes receivable</link:label>
    <link:label id="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB_label_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Collection of Notes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromCollectionOfNotesReceivable" xlink:label="loc_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB" xlink:to="lab_us-gaap_ProceedsFromCollectionOfNotesReceivable_4A4033E4E415AD8CE86891A5311D1BAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans on real estate, collections of principal</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Collections of Principal</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCollectionsOfPrincipal_15B36C69C6FB9A8E588291A5311D33BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income related to the payoff of notes receivable</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Notes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnSaleOfNotesReceivable" xlink:label="loc_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436" xlink:to="lab_us-gaap_GainLossOnSaleOfNotesReceivable_D2845CB8787E8DBD326391A5311EC436" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans on real estate, exchange of mortgage for investment</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Exchange of Mortgage for Investment</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Exchange of Mortgage for Investment</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment" xlink:label="loc_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:to="lab_akr_MortgageLoansonRealEstateExchangeofMortgageforInvestment_3A1A381D280172798A3591A5311E31F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans on real estate, write-down or reserve, amount</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Write-down or Reserve, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateWritedownOrReserveAmount1_77FDAC19CE65EB16D8FB91A5311E6584" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of non-performing loans</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Non-Performing Loans</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Non-Performing Loans</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateNumberofNonPerformingLoans" xlink:label="loc_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:to="lab_akr_MortgageLoansonRealEstateNumberofNonPerformingLoans_D935FFBC069F409E2B4791A5311EF478" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans on real estate, nonperforming loans, amount</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Nonperforming Loans, Amount</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Nonperforming Loans, Amount</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateNonperformingLoansAmount" xlink:label="loc_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:to="lab_akr_MortgageLoansonRealEstateNonperformingLoansAmount_3E81E76A97BF6CD111B991A5311E1656" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders' Equity And Noncontrolling Interests</link:label>
    <link:label id="lab_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDisclosureTextBlock" xlink:label="loc_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73" xlink:to="lab_us-gaap_MinorityInterestDisclosureTextBlock_86D547A5D63A417605910115174E6C73" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_04E6F0002D338D0702DF84BAF2D35E48_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_04E6F0002D338D0702DF84BAF2D35E48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_04E6F0002D338D0702DF84BAF2D35E48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_04E6F0002D338D0702DF84BAF2D35E48" xlink:to="lab_us-gaap_IncomeStatementAbstract_04E6F0002D338D0702DF84BAF2D35E48" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F" xlink:to="lab_us-gaap_RevenuesAbstract_ABD4CC2F9D585A076C0484BAF2D3100F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental income</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Minimum Lease Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_A0AC070AE0F3E359491A84BAF2D37DD6" xlink:type="arc" />
    <link:label id="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2_terseLabel_en-US" xlink:label="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2_label_en-US" xlink:label="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage interest income</link:label>
    <link:label id="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2_documentation_en-US" xlink:label="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest income earned on loans issued by the company secured by mortgaged properties.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageInterestIncome" xlink:label="loc_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:to="lab_akr_MortgageInterestIncome_38061B65E5A81312439584BAF2D3B2D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D_terseLabel_en-US" xlink:label="lab_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense reimbursements</link:label>
    <link:label id="lab_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D_label_en-US" xlink:label="lab_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tenant Reimbursements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="loc_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D" xlink:to="lab_us-gaap_TenantReimbursements_763A919B1A4EE53A54D684BAF2D3065D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96_label_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Real Estate Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherRealEstateRevenue" xlink:label="loc_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96" xlink:to="lab_us-gaap_OtherRealEstateRevenue_139AE6C12276F5C2A83384BAF2D33B96" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateRevenueNet_E14AFC434BCABC318CED84BAF2D3A61E_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_E14AFC434BCABC318CED84BAF2D3A61E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateRevenueNet" xlink:label="loc_us-gaap_RealEstateRevenueNet_E14AFC434BCABC318CED84BAF2D3A61E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_E14AFC434BCABC318CED84BAF2D3A61E" xlink:to="lab_us-gaap_RealEstateRevenueNet_E14AFC434BCABC318CED84BAF2D3A61E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112" xlink:to="lab_us-gaap_OperatingExpensesAbstract_3ED7F754DAA516F0657784BAF2D37112" xlink:type="arc" />
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0_terseLabel_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property operating</link:label>
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0_label_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Direct Costs of Leased and Rented Property or Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment" xlink:label="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0" xlink:to="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_55FBB6A072680724200884BAF2D36AA0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating</link:label>
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3_label_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Cost and Expense, Operating</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCostAndExpenseOperating" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3" xlink:to="lab_us-gaap_OtherCostAndExpenseOperating_D524EE412E78D466734284BAF2D360E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate taxes</link:label>
    <link:label id="lab_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527_label_en-US" xlink:label="lab_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Tax Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527" xlink:to="lab_us-gaap_RealEstateTaxExpense_2C0569579BD95F2E471884BAF2D38527" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_F2B44C4C40BF881EE80C84BAF2D38AD3_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_F2B44C4C40BF881EE80C84BAF2D38AD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_F2B44C4C40BF881EE80C84BAF2D38AD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_F2B44C4C40BF881EE80C84BAF2D38AD3" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_F2B44C4C40BF881EE80C84BAF2D38AD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationAndAmortization_D0F55C735E2C9E5F5FF584BAF2D3AE6E_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_D0F55C735E2C9E5F5FF584BAF2D3AE6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_D0F55C735E2C9E5F5FF584BAF2D3AE6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_D0F55C735E2C9E5F5FF584BAF2D3AE6E" xlink:to="lab_us-gaap_DepreciationAndAmortization_D0F55C735E2C9E5F5FF584BAF2D3AE6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B" xlink:to="lab_us-gaap_OperatingExpenses_DD2974857D6BE960AA1D84BAF2D3197B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_F3DD0424B2DB1F657C5F84BAF2D47CD6_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_F3DD0424B2DB1F657C5F84BAF2D47CD6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_F3DD0424B2DB1F657C5F84BAF2D47CD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_F3DD0424B2DB1F657C5F84BAF2D47CD6" xlink:to="lab_us-gaap_OperatingIncomeLoss_F3DD0424B2DB1F657C5F84BAF2D47CD6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_F7A9E0F2DBBC53CCE68B84BAF2D40386_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_F7A9E0F2DBBC53CCE68B84BAF2D40386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity in earnings of unconsolidated affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_F7A9E0F2DBBC53CCE68B84BAF2D40386" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_F7A9E0F2DBBC53CCE68B84BAF2D40386" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_F7A9E0F2DBBC53CCE68B84BAF2D40386" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestAndDebtExpense_2D8719483B6116E716D184BAF2D48782_negatedLabel_en-US" xlink:label="lab_us-gaap_InterestAndDebtExpense_2D8719483B6116E716D184BAF2D48782" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest and other finance expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestAndDebtExpense" xlink:label="loc_us-gaap_InterestAndDebtExpense_2D8719483B6116E716D184BAF2D48782" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDebtExpense_2D8719483B6116E716D184BAF2D48782" xlink:to="lab_us-gaap_InterestAndDebtExpense_2D8719483B6116E716D184BAF2D48782" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Domestic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2E3771795BA5A078997884BAF2D4FF54" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_F1A1A4090E4C7A970FCD84BAF2D4FF61_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_F1A1A4090E4C7A970FCD84BAF2D4FF61" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit (provision)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_F1A1A4090E4C7A970FCD84BAF2D4FF61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_F1A1A4090E4C7A970FCD84BAF2D4FF61" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_F1A1A4090E4C7A970FCD84BAF2D4FF61" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_1BE45E2936183444FB3484BAF2D4A494_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_1BE45E2936183444FB3484BAF2D4A494" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_1BE45E2936183444FB3484BAF2D4A494" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_1BE45E2936183444FB3484BAF2D4A494" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_1BE45E2936183444FB3484BAF2D4A494" xlink:type="arc" />
    <link:label id="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519_terseLabel_en-US" xlink:label="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discontinued Operations</link:label>
    <link:label id="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519_label_en-US" xlink:label="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued Operations [Abstract]</link:label>
    <link:label id="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519_documentation_en-US" xlink:label="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="akr-20140630.xsd#akr_DiscontinuedOperationsAbstract" xlink:label="loc_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:to="lab_akr_DiscontinuedOperationsAbstract_CF368C395BEF55FE979384BAF2D47519" xlink:type="arc" />
    <link:label id="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_AB393A3CB24223BC023E84BAF2D41E6C_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_AB393A3CB24223BC023E84BAF2D41E6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating income from discontinued operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_AB393A3CB24223BC023E84BAF2D41E6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_AB393A3CB24223BC023E84BAF2D41E6C" xlink:to="lab_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_AB393A3CB24223BC023E84BAF2D41E6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_C779C69BEB75730A715284BAF2D468A0_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_C779C69BEB75730A715284BAF2D468A0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_C779C69BEB75730A715284BAF2D468A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_C779C69BEB75730A715284BAF2D468A0" xlink:to="lab_us-gaap_ProfitLoss_C779C69BEB75730A715284BAF2D468A0" xlink:type="arc" />
    <link:label id="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91_terseLabel_en-US" xlink:label="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interests</link:label>
    <link:label id="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91_label_en-US" xlink:label="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling interests [Abstract]</link:label>
    <link:label id="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91_documentation_en-US" xlink:label="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="akr-20140630.xsd#akr_NoncontrollingInterestsAbstract" xlink:label="loc_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:to="lab_akr_NoncontrollingInterestsAbstract_D8D843D05DB148FCB72A84BAF2D4DB91" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_DED33E55B2CD56F76D4C84BAF2D47E90_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_DED33E55B2CD56F76D4C84BAF2D47E90" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Continuing operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_DED33E55B2CD56F76D4C84BAF2D47E90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_DED33E55B2CD56F76D4C84BAF2D47E90" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_DED33E55B2CD56F76D4C84BAF2D47E90" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_B079DFF880EECBD8312684BAF2D48968_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_B079DFF880EECBD8312684BAF2D48968" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Discontinued operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_B079DFF880EECBD8312684BAF2D48968" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_B079DFF880EECBD8312684BAF2D48968" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_B079DFF880EECBD8312684BAF2D48968" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_45C7F1C2166914C4730F84BAF2D531D5_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_45C7F1C2166914C4730F84BAF2D531D5" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Net (income) loss attributable to noncontrolling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_45C7F1C2166914C4730F84BAF2D531D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_45C7F1C2166914C4730F84BAF2D531D5" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_45C7F1C2166914C4730F84BAF2D531D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_0DDF73B84374502B0C4984BAF2D5EDB4_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_0DDF73B84374502B0C4984BAF2D5EDB4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Common Shareholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_0DDF73B84374502B0C4984BAF2D5EDB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_0DDF73B84374502B0C4984BAF2D5EDB4" xlink:to="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_0DDF73B84374502B0C4984BAF2D5EDB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic Earnings per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB" xlink:to="lab_us-gaap_EarningsPerShareBasicAbstract_1E1CDA005762DE24FC6584BAF2D5FEAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations, Per Basic Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_23F4E39E434E18C575AE84BAF2D5DFC1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_D91442241594E941E4D784BAF2D53CBD" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743_totalLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743" xlink:to="lab_us-gaap_EarningsPerShareBasic_063B2F1F28122521370984BAF2D52743" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted Earnings per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D" xlink:to="lab_us-gaap_EarningsPerShareDilutedAbstract_578007968C795A6324B484BAF2D5374D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations, Per Diluted Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_19A45EA0F98E5072E39884BAF2D57C5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from discontinued operations (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04" xlink:to="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_2B7D406D1BEE8781E5A884BAF2D56B04" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB_totalLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB" xlink:to="lab_us-gaap_EarningsPerShareDiluted_A4E230949B21505CE26D84BAF2D572EB" xlink:type="arc" />
    <link:label id="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E_terseLabel_en-US" xlink:label="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Noncontrolling Interest In Individual Investee</link:label>
    <link:label id="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E_label_en-US" xlink:label="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Noncontrolling Interest In Individual Investee [Table Text Block]</link:label>
    <link:label id="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E_documentation_en-US" xlink:label="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Noncontrolling Interest In Individual Investee [Table Text Block]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock" xlink:label="loc_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:to="lab_akr_ScheduleOfNoncontrollingInterestInIndividualInvesteeTableTextBlock_16C730B53074BD9E8260011517A8D83E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_1350D8DFD9D682B354618DBDC78B54CE_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_1350D8DFD9D682B354618DBDC78B54CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_1350D8DFD9D682B354618DBDC78B54CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_1350D8DFD9D682B354618DBDC78B54CE" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_1350D8DFD9D682B354618DBDC78B54CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM OPERATING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_9D985942D61D0D36779C8DBDC78BB948" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_5F7A02BDA2EE2AAE75428DBDC78BDA43" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization_DA01417C3C8766B9A6278DBDC78B2592" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of financing costs</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Financing Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts_90BD66259D41755633C28DBDC78BFE75" xlink:type="arc" />
    <link:label id="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467_negatedTerseLabel_en-US" xlink:label="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gain on disposition of property</link:label>
    <link:label id="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467_label_en-US" xlink:label="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposal of Property, Plant and Equipment and Discontinued Operations, Net of Tax</link:label>
    <link:label id="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467_documentation_en-US" xlink:label="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposal of Property, Plant and Equipment and Discontinued Operations, Net of Tax</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax" xlink:label="loc_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:to="lab_akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax_DFDDBF1952B59752BB4D8DBDC78C8467" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_47559EEAC399A9FFB98A8DBDC78C3A68_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_47559EEAC399A9FFB98A8DBDC78C3A68" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Impairment of asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_47559EEAC399A9FFB98A8DBDC78C3A68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_47559EEAC399A9FFB98A8DBDC78C3A68" xlink:to="lab_us-gaap_AssetImpairmentCharges_47559EEAC399A9FFB98A8DBDC78C3A68" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704" xlink:to="lab_us-gaap_ShareBasedCompensation_F002BF3928E6AED2CA328DBDC78C3704" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_16A9EA8081C4FD2E9AC08DBDC78CD8E2_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_16A9EA8081C4FD2E9AC08DBDC78CD8E2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Equity in earnings of unconsolidated affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_16A9EA8081C4FD2E9AC08DBDC78CD8E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_16A9EA8081C4FD2E9AC08DBDC78CD8E2" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_16A9EA8081C4FD2E9AC08DBDC78CD8E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions of operating income from unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491_label_en-US" xlink:label="lab_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Contributions from Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromContributionsFromAffiliates" xlink:label="loc_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491" xlink:to="lab_us-gaap_ProceedsFromContributionsFromAffiliates_61645CC936BC5B0874C08DBDC78CF491" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7" xlink:to="lab_us-gaap_OtherNoncashIncomeExpense_5767671ED49D5E7543AE8DBDC78CE3C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D9E2B9DC49287AB82BC18DBDC78C1CA7" xlink:type="arc" />
    <link:label id="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E_negatedLabel_en-US" xlink:label="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cash in escrow</link:label>
    <link:label id="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E_label_en-US" xlink:label="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Escrow Deposit</link:label>
    <link:label id="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E_documentation_en-US" xlink:label="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change during the reporting period in the carrying amount of escrow deposits.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_IncreaseDecreaseInEscrowDeposit" xlink:label="loc_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:to="lab_akr_IncreaseDecreaseInEscrowDeposit_0FC07F7A75A8255468408DBDC78C7C4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Rents receivable, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A6BD8C896D748CFDEDFB8DBDC78C9934" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493" xlink:to="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_F9B720CF771892B7521D8DBDC78C0493" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_43B1F482BF0BD0270FA28DBDC78C823A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_192A8435C4F496AF6FA28DBDC78C4236" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_4DF8CF4E568695FC621D8DBDC78CAA06" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM INVESTING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_185FD5FDC3ACDEBB9BBB8DBDC78C4BC4" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346" xlink:to="lab_us-gaap_PaymentsToAcquireRealEstate_0556C3749709AFDE5E568DBDC78C2346" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Redevelopment and property improvement costs</link:label>
    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB_label_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Capital Improvements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForCapitalImprovements" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB" xlink:to="lab_us-gaap_PaymentsForCapitalImprovements_6F878471EF11C45B42278DBDC78D76FB" xlink:type="arc" />
    <link:label id="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F_negatedLabel_en-US" xlink:label="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred leasing costs</link:label>
    <link:label id="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F_label_en-US" xlink:label="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Acquisition And Leasing Cost</link:label>
    <link:label id="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F_documentation_en-US" xlink:label="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash outflow towards deferred acquisition and leasing costs.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DeferredAcquisitionAndLeasingCost" xlink:label="loc_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:to="lab_akr_DeferredAcquisitionAndLeasingCost_AC3D27950CFD46E22CED8DBDC78D3D1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investments in and advances to unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6" xlink:to="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_1B922C4483628D1869798DBDC78DAAC6" xlink:type="arc" />
    <link:label id="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD_terseLabel_en-US" xlink:label="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Return of capital from unconsolidated affiliates</link:label>
    <link:label id="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD_label_en-US" xlink:label="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Return of capital from unconsolidated affiliates</link:label>
    <link:label id="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD_documentation_en-US" xlink:label="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash inflow from unconsolidated affiliates by renturn of capital.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ReturnOfCapitalFromUnconsolidatedAffiliates" xlink:label="loc_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:to="lab_akr_ReturnOfCapitalFromUnconsolidatedAffiliates_BEB28D07CF35F1A7CC448DBDC78D8FAD" xlink:type="arc" />
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E_negatedLabel_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Consolidation of previously unconsolidated investment</link:label>
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E_label_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation of Previously Unconsolidated Investments</link:label>
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E_documentation_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidation of Previously Unconsolidated Investments</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConsolidationOfPreviouslyUnconsolidatedInvestments" xlink:label="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:to="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_BC4D2751869FB53DACB38DBDC78DFB4E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Issuance of notes receivable</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Notes Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireNotesReceivable" xlink:label="loc_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F" xlink:to="lab_us-gaap_PaymentsToAcquireNotesReceivable_302A543B437D1FAE74B68DBDC78D730F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of properties, net</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E" xlink:to="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_6E5175CD3DD11D7EAADE8DBDC78D515E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_27E5C9CFD4DFECBF1AB58DBDC78DD29F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CASH FLOWS FROM FINANCING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_77D2BCB2722B40B6E5658DBDC78D428C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Principal payments on mortgage notes</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Secured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfSecuredDebt" xlink:label="loc_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B" xlink:to="lab_us-gaap_RepaymentsOfSecuredDebt_A5675635497059E879E48DBDC78DB67B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds received from mortgage notes</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Secured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSecuredDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfSecuredDebt_4CB068F1FA761FD4F9098DBDC78D9392" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan proceeds held as restricted cash</link:label>
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Repayments of) Restricted Cash, Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities_FAD84A5B6412932365AA8DBDC78D8C72" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred financing and other costs</link:label>
    <link:label id="lab_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75_label_en-US" xlink:label="lab_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment of Financing and Stock Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentOfFinancingAndStockIssuanceCosts" xlink:label="loc_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75" xlink:to="lab_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_C681E17F70A63289CB9C8DBDC78DDF75" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions from noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC" xlink:to="lab_us-gaap_ProceedsFromMinorityShareholders_D67EF34892C7895CAAFE8DBDC78DDBDC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Distributions to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598_label_en-US" xlink:label="lab_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Noncontrolling Interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598" xlink:to="lab_us-gaap_PaymentsToMinorityShareholders_7D3AD74C7FAF0A0A887E8DBDC78EE598" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Ordinary Dividends, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F" xlink:to="lab_us-gaap_PaymentsOfDividendsCommonStock_F5D619A27C2743FBD7EF8DBDC78E369F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_03D1CFC63D30969471758DBDC78E9AEC_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_03D1CFC63D30969471758DBDC78E9AEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of Common Shares, net of issuance costs of $1,495 and $1,324, respectively</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_03D1CFC63D30969471758DBDC78E9AEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_03D1CFC63D30969471758DBDC78E9AEC" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_03D1CFC63D30969471758DBDC78E9AEC" xlink:type="arc" />
    <link:label id="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68_terseLabel_en-US" xlink:label="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other employee and trustee stock compensation, net</link:label>
    <link:label id="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68_label_en-US" xlink:label="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Employee and Trustee Share-Based Compensation Expense, Net</link:label>
    <link:label id="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68_documentation_en-US" xlink:label="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Employee and Trustee Share-Based Compensation Expense, Net</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet" xlink:label="loc_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:to="lab_akr_OtherEmployeeandTrusteeShareBasedCompensationExpenseNet_338FE3E753CFF3A2ECEA8DBDC78E9A68" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_CD8BFDD0C26654F9D53A8DBDC78E6C18" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Increase in cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B3D719FC40ECC7C334938DBDC78EB37D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents, beginning of period</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6B8D30291E72224772C8DBDC78E3A3B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BCF4E682CDC99E8943398DBDC78EBEA3_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BCF4E682CDC99E8943398DBDC78EBEA3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents, end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_BCF4E682CDC99E8943398DBDC78EBEA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_BCF4E682CDC99E8943398DBDC78EBEA3" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BCF4E682CDC99E8943398DBDC78EBEA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental disclosure of cash flow information</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract_30BC6D298C29F9C2EF6B8DBDC78EE645" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid during the period for interest, net of capitalized interest of $6,095 and $3,944, respectively</link:label>
    <link:label id="lab_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26_label_en-US" xlink:label="lab_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="loc_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26" xlink:to="lab_us-gaap_InterestPaidNet_857D2972BD4E775D9D958DBDC78EAE26" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E" xlink:to="lab_us-gaap_IncomeTaxesPaid_E5745AF7093E66BBAC9A8DBDC78E446E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental disclosure of non-cash investing activities</link:label>
    <link:label id="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC_label_en-US" xlink:label="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC" xlink:to="lab_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_AFC80387B3C9F20401B08DBDC78E34CC" xlink:type="arc" />
    <link:label id="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE_negatedLabel_en-US" xlink:label="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Disposition of real estate through cancellation of debt</link:label>
    <link:label id="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE_label_en-US" xlink:label="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal of Real Estate Through Cancellation of Debt</link:label>
    <link:label id="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE_documentation_en-US" xlink:label="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal of Real Estate Through Cancellation of Debt</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DisposalofRealEstateThroughCancellationofDebt" xlink:label="loc_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:to="lab_akr_DisposalofRealEstateThroughCancellationofDebt_C0B483C063D092DC84048DBDC78E80DE" xlink:type="arc" />
    <link:label id="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1_terseLabel_en-US" xlink:label="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate through conversion of notes receivable</link:label>
    <link:label id="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1_label_en-US" xlink:label="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conversion of Note Receivable to Acquire Real Estate</link:label>
    <link:label id="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1_documentation_en-US" xlink:label="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conversion of Note Receivable to Acquire Real Estate</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConversionOfNoteReceivableToAcquireRealEstate" xlink:label="loc_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:to="lab_akr_ConversionOfNoteReceivableToAcquireRealEstate_061E4CD00B628AAC0CD98DBDC78EE4B1" xlink:type="arc" />
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D_terseLabel_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation of previously unconsolidated investment</link:label>
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D_label_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation of Previously Unconsolidated Investment [Abstract]</link:label>
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D_documentation_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidation of Previously Unconsolidated Investment [Abstract]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract" xlink:label="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:to="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestmentAbstract_61F8EC32668966E8F8C38DBDC78E7C2D" xlink:type="arc" />
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9_negatedTerseLabel_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Real estate, net</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9_label_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest In Previously Unconsolidated Affiliate Real Estate Net</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9_documentation_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest In Previously Unconsolidated Affiliate Real Estate Net</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet" xlink:label="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:to="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateRealEstateNet_E8892C2619268E1464EE8DBDC78EF3A9" xlink:type="arc" />
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970_terseLabel_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage notes payable</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970_label_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Mortgage Notes Payable</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970_documentation_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Mortgage Notes Payable</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable" xlink:label="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:to="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateMortgageNotesPayable_AFEF76743E9663DA7F9B8DBDC78E5970" xlink:type="arc" />
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1_negatedTerseLabel_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions in excess of income from, and investments in, unconsolidated affiliates</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1_label_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Return of Capital</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1_documentation_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Return of Capital</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital" xlink:label="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:to="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateReturnOfCapital_DE6B693A9889CA13B6788DBDC78EF4A1" xlink:type="arc" />
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF_terseLabel_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets and liabilities</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF_label_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest In Previously Unconsolidated Affiliate Other Assets And Liabilities</link:label>
    <link:label id="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF_documentation_en-US" xlink:label="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest In Previously Unconsolidated Affiliate Other Assets And Liabilities</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities" xlink:label="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:to="lab_akr_InterestInPreviouslyUnconsolidatedAffiliateOtherAssetsAndLiabilities_851BAB87853C0250B2118DBDC78E95EF" xlink:type="arc" />
    <link:label id="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38_negatedTerseLabel_en-US" xlink:label="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest</link:label>
    <link:label id="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38_label_en-US" xlink:label="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Noncontrolling Interest1</link:label>
    <link:label id="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38_documentation_en-US" xlink:label="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest in Previously Unconsolidated Affiliate Noncontrolling Interest1</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1" xlink:label="loc_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:to="lab_akr_InterestinPreviouslyUnconsolidatedAffiliateNoncontrollingInterest1_E26ACD946A75736992448DBDC78FCB38" xlink:type="arc" />
    <link:label id="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_D3A5D3551157BABB3E278DBDC78F743C_negatedTotalLabel_en-US" xlink:label="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_D3A5D3551157BABB3E278DBDC78F743C" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Cash included in consolidation of previously unconsolidated investment</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ConsolidationOfPreviouslyUnconsolidatedInvestments" xlink:label="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_D3A5D3551157BABB3E278DBDC78F743C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_D3A5D3551157BABB3E278DBDC78F743C" xlink:to="lab_akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_D3A5D3551157BABB3E278DBDC78F743C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary activity related to the RCP Venture Investments from Inception</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="loc_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72" xlink:to="lab_us-gaap_EquityMethodInvestmentsTextBlock_845B22CD2D1AAD6C0AB9011516FE8D72" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Balance Sheet of the Company&#8217;s investments in unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Balance Sheet [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB" xlink:to="lab_us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_1802EFD68B1DA825ED13011516FE98EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Statement of Income of the Company&#8217;s investments in unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Income Statement [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98" xlink:to="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_6FA18E344717CF26FA66011516FE6B98" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MORTGAGE AND OTHER NOTES PAYABLE</link:label>
    <link:label id="lab_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C_label_en-US" xlink:label="lab_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Notes Payable Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageNotesPayableDisclosureTextBlock" xlink:label="loc_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C" xlink:to="lab_us-gaap_MortgageNotesPayableDisclosureTextBlock_5DE4A3F0EDC5E46D5A64011517C6820C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesAbstract_E5BD190E8E10C5AC2D2D91A5311163A5_label_en-US" xlink:label="lab_us-gaap_ReceivablesAbstract_E5BD190E8E10C5AC2D2D91A5311163A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaap_ReceivablesAbstract_E5BD190E8E10C5AC2D2D91A5311163A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesAbstract_E5BD190E8E10C5AC2D2D91A5311163A5" xlink:to="lab_us-gaap_ReceivablesAbstract_E5BD190E8E10C5AC2D2D91A5311163A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_341A55C6302DC45A58B391A5311153F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92_periodStartLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of period</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_200002288928700E534991A531112F92" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional reserves</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Write-downs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_7D6D578263B444BC610491A53111057C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Recoveries</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Recovery</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_E4E9D84F2D0BA910FC5D91A53111183D" xlink:type="arc" />
    <link:label id="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484_negatedTerseLabel_en-US" xlink:label="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Charge-offs and reclassifications</link:label>
    <link:label id="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484_label_en-US" xlink:label="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Charge Offs And Reclassifications</link:label>
    <link:label id="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484_documentation_en-US" xlink:label="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Losses, Charge Offs And Reclassifications</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications" xlink:label="loc_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:to="lab_akr_FinancingReceivableAllowanceforCreditLossesChargeOffsAndReclassifications_12E1AD3A5B5DE777674691A531119484" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6F8B7B872493589DA4F591A53111D9C6_periodEndLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6F8B7B872493589DA4F591A53111D9C6" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at period end</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_6F8B7B872493589DA4F591A53111D9C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_6F8B7B872493589DA4F591A53111D9C6" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6F8B7B872493589DA4F591A53111D9C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting</link:label>
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_4C42BB4E74392CB0A16E011517BCC2D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_B3F71A1347C3E67FAA820115174E0554_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_B3F71A1347C3E67FAA820115174E0554" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_B3F71A1347C3E67FAA820115174E0554" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_B3F71A1347C3E67FAA820115174E0554" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_B3F71A1347C3E67FAA820115174E0554" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Incentive Compensation</link:label>
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_3AF1B7E6E4C2125926DD0115174E90D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock issuance costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5_label_en-US" xlink:label="lab_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Stock Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfStockIssuanceCosts" xlink:label="loc_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5" xlink:to="lab_us-gaap_PaymentsOfStockIssuanceCosts_2AE5652B313F717D40D379D89FFC3AB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for capitalized interest</link:label>
    <link:label id="lab_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276_label_en-US" xlink:label="lab_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Capitalized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidCapitalized" xlink:label="loc_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276" xlink:to="lab_us-gaap_InterestPaidCapitalized_2A3A54C19E296F8E370879D89FFCF276" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747" xlink:to="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_7429DA303D0CE42E231591A531229747" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for Notes Receivable</link:label>
    <link:label id="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722_label_en-US" xlink:label="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Credit Losses on Financing Receivables [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock" xlink:label="loc_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722" xlink:to="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_01C04D22B233CFC6B7BA91A53122D722" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computation of Basic and Diluted Earnings Per Share from Continuing Operations</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A28439419BE99CAFF46C011516FE9313" xlink:type="arc" />
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0_terseLabel_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACQUISITION OF REAL ESTATE AND DISCONTINUED OPERATIONS</link:label>
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0_label_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0" xlink:to="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_B70A20DF0AECEBE5E0DF011517D0D2F0" xlink:type="arc" />
    <link:label id="lab_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB_label_en-US" xlink:label="lab_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB_documentation_en-US" xlink:label="lab_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DocumentAndEntityInformationAbstract" xlink:label="loc_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB" xlink:to="lab_akr_DocumentAndEntityInformationAbstract_BF7C27909F271744FF280115179498AB" xlink:type="arc" />
    <link:label id="lab_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4_label_en-US" xlink:label="lab_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4" xlink:to="lab_dei_DocumentInformationTable_EC64F70EF671F262A85701151794B6C4" xlink:type="arc" />
    <link:label id="lab_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information, Document [Axis]</link:label>
    <link:label id="lab_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308_label_en-US" xlink:label="lab_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information, Document [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentInformationDocumentAxis" xlink:label="loc_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308" xlink:to="lab_dei_DocumentInformationDocumentAxis_9980150C9D870DE9C95501151794F308" xlink:type="arc" />
    <link:label id="lab_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD_terseLabel_en-US" xlink:label="lab_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document [Domain]</link:label>
    <link:label id="lab_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD_label_en-US" xlink:label="lab_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentDomain" xlink:label="loc_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD" xlink:to="lab_dei_DocumentDomain_05B1BB4BEE120EAF76710115179424DD" xlink:type="arc" />
    <link:label id="lab_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F" xlink:to="lab_dei_DocumentInformationLineItems_F9DAF2C4B740A33288B301151794013F" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652_label_en-US" xlink:label="lab_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652" xlink:to="lab_dei_EntityRegistrantName_339606D80CF4C509374F0115179EF652" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1" xlink:to="lab_dei_EntityCentralIndexKey_8C428639EB05F8D37CB10115179EEEF1" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB" xlink:to="lab_dei_CurrentFiscalYearEndDate_0D57BF8BB01E165CEF600115179E36EB" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58_label_en-US" xlink:label="lab_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58" xlink:to="lab_dei_EntityFilerCategory_B7BF9959FE8E062971690115179E7C58" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3_terseLabel_en-US" xlink:label="lab_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3_label_en-US" xlink:label="lab_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3" xlink:to="lab_dei_DocumentType_122658ADABEE579B4F6A0115179EC5F3" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89" xlink:to="lab_dei_DocumentPeriodEndDate_A66495D98BD8ADBA5EFB0115179E0B89" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896" xlink:to="lab_dei_DocumentFiscalYearFocus_6C11803467FEA8C3460A0115179EF896" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525" xlink:to="lab_dei_DocumentFiscalPeriodFocus_B2375C1BF669F7EACC580115179E0525" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C_label_en-US" xlink:label="lab_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C" xlink:to="lab_dei_AmendmentFlag_4BF64D17C337F22CDEC20115179EEE4C" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_41B482EAA38F25B5B2F30115179E9300" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_8C80AFA8F3BACEE5FE9D87B1C5302FB9" xlink:type="arc" />
    <link:label id="lab_akr_OpportunityFundsMember_6A9B091796FF6290F3B087B1C53155CF_verboseLabel_en-US" xlink:label="lab_akr_OpportunityFundsMember_6A9B091796FF6290F3B087B1C53155CF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Funds</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OpportunityFundsMember" xlink:label="loc_akr_OpportunityFundsMember_6A9B091796FF6290F3B087B1C53155CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OpportunityFundsMember_6A9B091796FF6290F3B087B1C53155CF" xlink:to="lab_akr_OpportunityFundsMember_6A9B091796FF6290F3B087B1C53155CF" xlink:type="arc" />
    <link:label id="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32_terseLabel_en-US" xlink:label="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crossroads</link:label>
    <link:label id="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32_label_en-US" xlink:label="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Crossroads [Member]</link:label>
    <link:label id="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32_documentation_en-US" xlink:label="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Crossroads [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_CrossroadsMember" xlink:label="loc_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:to="lab_akr_CrossroadsMember_A8E2B66745C284F43FC087B1C5316B32" xlink:type="arc" />
    <link:label id="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958_terseLabel_en-US" xlink:label="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Georgetown Portfolio</link:label>
    <link:label id="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958_label_en-US" xlink:label="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Georgetown Portfolio [Member]</link:label>
    <link:label id="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958_documentation_en-US" xlink:label="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Georgetown Portfolio [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_GeorgetownPortfolioMember" xlink:label="loc_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:to="lab_akr_GeorgetownPortfolioMember_84D1307879D4D3D038D887B1C531C958" xlink:type="arc" />
    <link:label id="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0_terseLabel_en-US" xlink:label="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Route 202 Shopping Center [Member]</link:label>
    <link:label id="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0_label_en-US" xlink:label="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Route 202 Shopping Center [Member]</link:label>
    <link:label id="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0_documentation_en-US" xlink:label="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Route 202 Shopping Center [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_Route202ShoppingCenterMember" xlink:label="loc_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:to="lab_akr_Route202ShoppingCenterMember_D6D409312B5FF884BC4587B1C53191E0" xlink:type="arc" />
    <link:label id="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6_terseLabel_en-US" xlink:label="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KLA/Mervyns LLC</link:label>
    <link:label id="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6_label_en-US" xlink:label="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KLA Mervyns LLC [Member]</link:label>
    <link:label id="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6_documentation_en-US" xlink:label="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KLA Mervyns LLC [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KlaMervynsLlcMember" xlink:label="loc_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:to="lab_akr_KlaMervynsLlcMember_D5C1A03721CD64DE354087B1C531F7E6" xlink:type="arc" />
    <link:label id="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA_terseLabel_en-US" xlink:label="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC</link:label>
    <link:label id="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA_label_en-US" xlink:label="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC [Member]</link:label>
    <link:label id="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA_documentation_en-US" xlink:label="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KlaMarketsLlcMember" xlink:label="loc_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:to="lab_akr_KlaMarketsLlcMember_DDDECC8145CCA266513C87B1C531BDEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Joint Venture</link:label>
    <link:label id="lab_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020_label_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Joint Venture [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateJointVentureMember" xlink:label="loc_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020" xlink:to="lab_us-gaap_CorporateJointVentureMember_E7BBAEA05108307A870187B1C531C020" xlink:type="arc" />
    <link:label id="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A_terseLabel_en-US" xlink:label="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mervyns I and Mervyns II</link:label>
    <link:label id="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A_label_en-US" xlink:label="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mervyns I and Mervyns II [Member]</link:label>
    <link:label id="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A_documentation_en-US" xlink:label="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mervyns I and Mervyns II [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MervynsIAndMervynsIiMember" xlink:label="loc_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:to="lab_akr_MervynsIAndMervynsIiMember_86BEB8EFD2FC22CACB9087B1C531576A" xlink:type="arc" />
    <link:label id="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A_terseLabel_en-US" xlink:label="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mervyns II</link:label>
    <link:label id="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A_label_en-US" xlink:label="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mervyns II [Member]</link:label>
    <link:label id="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A_documentation_en-US" xlink:label="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mervyns II [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MervynsIiMember" xlink:label="loc_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:to="lab_akr_MervynsIiMember_28E429E7F0EB63796C0087B1C5312C0A" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Cost-method Investments [Axis]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_0C0D5DDC8D69FB72E4E987B1C531D427" xlink:type="arc" />
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2" xlink:to="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_409B564F565E253220CB87B1C53277C2" xlink:type="arc" />
    <link:label id="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87_terseLabel_en-US" xlink:label="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KLA/Mervyns LLC Add-On Investments</link:label>
    <link:label id="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87_label_en-US" xlink:label="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KLA Mervyns LLC Add-On Investments [Member]</link:label>
    <link:label id="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87_documentation_en-US" xlink:label="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KLA Mervyns LLC Add-On Investments [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KlaMervynsLlcAddOnInvestmentsMember" xlink:label="loc_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:to="lab_akr_KlaMervynsLlcAddOnInvestmentsMember_D4387F46A421F55BC2CA87B1C532CD87" xlink:type="arc" />
    <link:label id="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C_terseLabel_en-US" xlink:label="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC Add-On Investments</link:label>
    <link:label id="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C_label_en-US" xlink:label="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC Add-On Investments [Member]</link:label>
    <link:label id="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C_documentation_en-US" xlink:label="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KLA A Markets LLC Add-On Investments [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KlaMarketsLlcAddOnInvestmentsMember" xlink:label="loc_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:to="lab_akr_KlaMarketsLlcAddOnInvestmentsMember_C8CA128C6198EB7652E387B1C532479C" xlink:type="arc" />
    <link:label id="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE_terseLabel_en-US" xlink:label="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KA-Shopko LLC</link:label>
    <link:label id="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE_label_en-US" xlink:label="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KA Shopko LLC [Member]</link:label>
    <link:label id="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE_documentation_en-US" xlink:label="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KA Shopko LLC [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KaShopkoLlcMember" xlink:label="loc_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:to="lab_akr_KaShopkoLlcMember_11B0EFF59CADCB33E9DD87B1C53250FE" xlink:type="arc" />
    <link:label id="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03_terseLabel_en-US" xlink:label="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marsh and Add-On Investments</link:label>
    <link:label id="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03_label_en-US" xlink:label="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KA Marsh and Marsh Add On LLC [Member]</link:label>
    <link:label id="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03_documentation_en-US" xlink:label="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KA Marsh and Marsh Add On LLC [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KaMarshAndMarshAddOnLlcMember" xlink:label="loc_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:to="lab_akr_KaMarshAndMarshAddOnLlcMember_F9BFEFB0789F76F77A4E87B1C5328F03" xlink:type="arc" />
    <link:label id="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E_terseLabel_en-US" xlink:label="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KLAC Rex Venture LLC</link:label>
    <link:label id="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E_label_en-US" xlink:label="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KLAC Rex Venture LLC [Member]</link:label>
    <link:label id="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E_documentation_en-US" xlink:label="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KLAC Rex Venture LLC [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KlacRexVentureLlcMember" xlink:label="loc_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:to="lab_akr_KlacRexVentureLlcMember_8483FD02A40DEA0B92B087B1C5320E7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentsLineItems" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D" xlink:to="lab_us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_B14E8FE4E18ED8CB675E87B1C5320D9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_5CA0A5D77D51ADE0282D87B1C53314C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A_terseLabel_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Square Footage of Real Estate Property (in square feet)</link:label>
    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A_label_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Area of Real Estate Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A" xlink:to="lab_us-gaap_AreaOfRealEstateProperty_EFD0C97B753A1D69D48587B1C533695A" xlink:type="arc" />
    <link:label id="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C_terseLabel_en-US" xlink:label="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Unaffiliated Partners</link:label>
    <link:label id="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C_label_en-US" xlink:label="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Unaffiliated Partners</link:label>
    <link:label id="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C_documentation_en-US" xlink:label="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Unaffiliated Partners</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_NumberofUnaffiliatedPartners" xlink:label="loc_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:to="lab_akr_NumberofUnaffiliatedPartners_05AE063D8560385E52D187B1C533860C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7" xlink:to="lab_us-gaap_EquityMethodInvestments_47C1799A04FF6F87D32A87B1C53326D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Dividends or Distributions</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170" xlink:to="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_F77635873D7C35AE34C487B1C5335170" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost Method Investments</link:label>
    <link:label id="lab_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="loc_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452" xlink:to="lab_us-gaap_CostMethodInvestments_38F1D8D4F1574F36165F87B1C5332452" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in and advances to unconsolidated affiliates</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399" xlink:to="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A8A0952A7FFCB8D98C6187B1C5331399" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Income, Dividend</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Dividend</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="loc_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2" xlink:to="lab_us-gaap_InvestmentIncomeDividend_4E1C41E7580DADC2642D87B1C533BBC2" xlink:type="arc" />
    <link:label id="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8_terseLabel_en-US" xlink:label="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in affiliates subsidiaries associates and joint ventures, loan commitment</link:label>
    <link:label id="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8_label_en-US" xlink:label="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Affiliates Subsidiaries Associates And Joint Ventures, Loan Commitment</link:label>
    <link:label id="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8_documentation_en-US" xlink:label="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments In Affiliates Subsidiaries Associates And Joint Ventures, Loan Commitment</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment" xlink:label="loc_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:to="lab_akr_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesLoanCommitment_CAD624A58062A6FE9D2487B1C533A8D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6_terseLabel_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Combined and Condensed Balance Sheets</link:label>
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_A93FFD76486F83FC552787B1C53394E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_53AE8951634FBD90712187B1C5331A3C_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_53AE8951634FBD90712187B1C5331A3C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_53AE8951634FBD90712187B1C5331A3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_53AE8951634FBD90712187B1C5331A3C" xlink:to="lab_us-gaap_AssetsAbstract_53AE8951634FBD90712187B1C5331A3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470_terseLabel_en-US" xlink:label="lab_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental property, net</link:label>
    <link:label id="lab_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470_label_en-US" xlink:label="lab_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RentalProperties" xlink:label="loc_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470" xlink:to="lab_us-gaap_RentalProperties_64E9C700C1E9B2D24EBE87B1C533E470" xlink:type="arc" />
    <link:label id="lab_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079_verboseLabel_en-US" xlink:label="lab_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Real estate under development</link:label>
    <link:label id="lab_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079_label_en-US" xlink:label="lab_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development in Process</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DevelopmentInProcess" xlink:label="loc_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079" xlink:to="lab_us-gaap_DevelopmentInProcess_18B323F41D7D02D122AD87B1C5338079" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D_label_en-US" xlink:label="lab_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D" xlink:to="lab_us-gaap_OtherAssets_71139CCA172EC8963CB887B1C5337D4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96_label_en-US" xlink:label="lab_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96" xlink:to="lab_us-gaap_Assets_24B4BAF47A10E9BFFCC687B1C5330F96" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_5CAAC21320BEC4837BC687B1C534BDD4" xlink:type="arc" />
    <link:label id="lab_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgage notes payable</link:label>
    <link:label id="lab_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9_label_en-US" xlink:label="lab_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Payable to Bank</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayableToBank" xlink:label="loc_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9" xlink:to="lab_us-gaap_LoansPayableToBank_42DD86FD1B4BF3163D8D87B1C5346EF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E" xlink:to="lab_us-gaap_OtherLiabilities_D2DB7D5209323E365EE687B1C534753E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partners' equity</link:label>
    <link:label id="lab_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D_label_en-US" xlink:label="lab_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PartnersCapital" xlink:label="loc_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D" xlink:to="lab_us-gaap_PartnersCapital_9B11003A985F5687E99C87B1C534024D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_7D303EFFEE7C81416ACD87B1C5344EEF" xlink:type="arc" />
    <link:label id="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A_negatedTerseLabel_en-US" xlink:label="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Company's share of distributions in excess of income from, and investments in, unconsolidated affiliates</link:label>
    <link:label id="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A_label_en-US" xlink:label="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distributions in excess of income from, and investments in, unconsolidated affiliates</link:label>
    <link:label id="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A_documentation_en-US" xlink:label="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying amount as of the balance sheet date of distribution in excess of income from, and investments in, unconsolidated affiliates.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates" xlink:label="loc_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:to="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_9D8C9FE2A5ED005F1E5387B1C5344C3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_33A694DCE67BB85AEA4087B1C5340448_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_33A694DCE67BB85AEA4087B1C5340448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Combined and Condensed Statements of Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_33A694DCE67BB85AEA4087B1C5340448" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_33A694DCE67BB85AEA4087B1C5340448" xlink:to="lab_us-gaap_IncomeStatementAbstract_33A694DCE67BB85AEA4087B1C5340448" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateRevenueNet_4B0FB97B024073B5E8BD87B1C53469AA_netLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_4B0FB97B024073B5E8BD87B1C53469AA" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateRevenueNet" xlink:label="loc_us-gaap_RealEstateRevenueNet_4B0FB97B024073B5E8BD87B1C53469AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_4B0FB97B024073B5E8BD87B1C53469AA" xlink:to="lab_us-gaap_RealEstateRevenueNet_4B0FB97B024073B5E8BD87B1C53469AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_F1FCBF6B448C49759AE787B1C5347442_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_F1FCBF6B448C49759AE787B1C5347442" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Operating and other expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_F1FCBF6B448C49759AE787B1C5347442" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_F1FCBF6B448C49759AE787B1C5347442" xlink:to="lab_us-gaap_OperatingExpenses_F1FCBF6B448C49759AE787B1C5347442" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB_label_en-US" xlink:label="lab_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB" xlink:to="lab_us-gaap_InterestExpense_E78FCDFC65B2F09EF3E187B1C53497CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_C43A3F98E3A5F2865A8287B1C534BC65_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_C43A3F98E3A5F2865A8287B1C534BC65" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Equity in (losses) earnings of unconsolidated affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_C43A3F98E3A5F2865A8287B1C534BC65" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_C43A3F98E3A5F2865A8287B1C534BC65" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_C43A3F98E3A5F2865A8287B1C534BC65" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company's share of net income (loss)</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss_3EBBEA4B096746F01A4787B1C5349203" xlink:type="arc" />
    <link:label id="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED_negatedTerseLabel_en-US" xlink:label="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amortization of excess investment</link:label>
    <link:label id="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED_label_en-US" xlink:label="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Excess Investment</link:label>
    <link:label id="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED_documentation_en-US" xlink:label="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of Excess Investment</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_AmortizationOfExcessInvestment" xlink:label="loc_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:to="lab_akr_AmortizationOfExcessInvestment_2B93F44EF48E5C18646687B1C53536ED" xlink:type="arc" />
    <link:label id="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50_terseLabel_en-US" xlink:label="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating real estate</link:label>
    <link:label id="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50_label_en-US" xlink:label="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating real estate [Abstract]</link:label>
    <link:label id="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50_documentation_en-US" xlink:label="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="akr-20140630.xsd#akr_OperatingRealEstateAbstract" xlink:label="loc_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:to="lab_akr_OperatingRealEstateAbstract_F1627FA4611C313A0FC979D8A02EFE50" xlink:type="arc" />
    <link:label id="lab_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2_terseLabel_en-US" xlink:label="lab_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2_label_en-US" xlink:label="lab_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2" xlink:to="lab_us-gaap_Land_68004F521B7F0278BE6779D8A02E17A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and improvements</link:label>
    <link:label id="lab_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE_label_en-US" xlink:label="lab_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Building and Building Improvements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentBuildingAndBuildingImprovements" xlink:label="loc_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE" xlink:to="lab_us-gaap_InvestmentBuildingAndBuildingImprovements_F3E16BD7BAF9A586BC1879D8A02E59DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction in progress</link:label>
    <link:label id="lab_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA_label_en-US" xlink:label="lab_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Real Estate, Construction in Process</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InventoryRealEstateConstructionInProcess" xlink:label="loc_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA" xlink:to="lab_us-gaap_InventoryRealEstateConstructionInProcess_8573F84F4E59DF72B51679D8A02E9DBA" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross operating real estate</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, at Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAtCost_095541BFD6044EB72D9479D8A02E3B99" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less: accumulated depreciation</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D43E80D420DC347BB56079D8A02E1C68" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net operating real estate</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyNet_E2C8F8E81CECF302AE8679D8A02EBECD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DevelopmentInProcess_3F2983C791313D044D5F79D8A02E7B86_terseLabel_en-US" xlink:label="lab_us-gaap_DevelopmentInProcess_3F2983C791313D044D5F79D8A02E7B86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate under development</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DevelopmentInProcess" xlink:label="loc_us-gaap_DevelopmentInProcess_3F2983C791313D044D5F79D8A02E7B86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DevelopmentInProcess_3F2983C791313D044D5F79D8A02E7B86" xlink:to="lab_us-gaap_DevelopmentInProcess_3F2983C791313D044D5F79D8A02E7B86" xlink:type="arc" />
    <link:label id="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3_terseLabel_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes receivable and preferred equity investments, net</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3_label_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Carrying Amount of Mortgages, And Preferred Equity Investments</link:label>
    <link:label id="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3_documentation_en-US" xlink:label="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Carrying Amount of Mortgages, And Preferred Equity Investments</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments" xlink:label="loc_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:to="lab_akr_MortgageLoansonRealEstateCarryingAmountofMortgagesAndPreferredEquityInvestments_48E45F76BCAF293026B179D8A02EA8A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F8CF68BA6963A3D3C19C79D8A02E3C7F_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F8CF68BA6963A3D3C19C79D8A02E3C7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F8CF68BA6963A3D3C19C79D8A02E3C7F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F8CF68BA6963A3D3C19C79D8A02E3C7F" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F8CF68BA6963A3D3C19C79D8A02E3C7F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE_terseLabel_en-US" xlink:label="lab_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash in escrow</link:label>
    <link:label id="lab_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE_label_en-US" xlink:label="lab_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Escrow Deposit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE" xlink:to="lab_us-gaap_EscrowDeposit_6226CD62F7A666A11BFC79D8A02E17FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalents_D7F6B061F41ADEF77C0A79D8A02FBCCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rents receivable, net</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E" xlink:to="lab_us-gaap_AccountsReceivableNet_28B0863D2339A1AB9B3C79D8A02FF71E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred charges, net</link:label>
    <link:label id="lab_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8_label_en-US" xlink:label="lab_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCostsCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8" xlink:to="lab_us-gaap_DeferredCostsCurrentAndNoncurrent_E34DE3F7F10B0772B87E79D8A02FA3F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired lease intangibles, net</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_802FE8ECF6C4F3F0C28379D8A02FAC19" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssets_F33AD641A8A969E6B91C79D8A02F6167" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_147822948D9C7EDAE02979D8A02F8DE7_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_147822948D9C7EDAE02979D8A02F8DE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets of discontinued operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_147822948D9C7EDAE02979D8A02F8DE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_147822948D9C7EDAE02979D8A02F8DE7" xlink:to="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation_147822948D9C7EDAE02979D8A02F8DE7" xlink:type="arc" />
    <link:label id="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_1E30B1945B74D9D2E21C79D8A02FEB48_terseLabel_en-US" xlink:label="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_1E30B1945B74D9D2E21C79D8A02FEB48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions in excess of income from, and investments in, unconsolidated affiliates</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates" xlink:label="loc_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_1E30B1945B74D9D2E21C79D8A02FEB48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_1E30B1945B74D9D2E21C79D8A02FEB48" xlink:to="lab_akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_1E30B1945B74D9D2E21C79D8A02FEB48" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_31AC260447AE81CDC36179D8A02FDCC6" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends and distributions payable</link:label>
    <link:label id="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796_label_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796" xlink:to="lab_us-gaap_DividendsPayableCurrentAndNoncurrent_81270BC1EA808C2AF1FA79D8A02F7796" xlink:type="arc" />
    <link:label id="lab_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A_terseLabel_en-US" xlink:label="lab_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired lease intangibles, net</link:label>
    <link:label id="lab_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A_label_en-US" xlink:label="lab_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off-market Lease, Unfavorable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OffMarketLeaseUnfavorable" xlink:label="loc_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A" xlink:to="lab_us-gaap_OffMarketLeaseUnfavorable_5B6BB4A21CF98D673A0979D8A02F347A" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_060BED1DCFE3E0E45F4E79D8A02FEE11_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_060BED1DCFE3E0E45F4E79D8A02FEE11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities of discontinued operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_060BED1DCFE3E0E45F4E79D8A02FEE11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_060BED1DCFE3E0E45F4E79D8A02FEE11" xlink:to="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_060BED1DCFE3E0E45F4E79D8A02FEE11" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89_label_en-US" xlink:label="lab_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89" xlink:to="lab_us-gaap_Liabilities_C95A119178E3820C033579D8A02FAB89" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE_terseLabel_en-US" xlink:label="lab_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EQUITY</link:label>
    <link:label id="lab_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE" xlink:to="lab_us-gaap_EquityAbstract_CE1D927984D11083D63E79D8A02FB0AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders' Equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B" xlink:to="lab_us-gaap_StockholdersEquityAbstract_209944E618F84FB7352779D8A02F492B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares, $.001 par value, authorized 100,000,000 shares; issued and outstanding 59,151,817 and 55,643,068 shares, respectively</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D" xlink:to="lab_us-gaap_CommonStockValue_A16D7DF85D9359F3DE0979D8A030F00D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1" xlink:to="lab_us-gaap_AdditionalPaidInCapitalCommonStock_7320E3031078B87B51FF79D8A03082E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive (loss) income</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7CE6D1D730EB29E3130579D8A030AD74" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6891D3B440763116414579D8A030E93E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total shareholders&#8217; equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7" xlink:to="lab_us-gaap_StockholdersEquity_06603DA49EE9D80774E679D8A03089B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9" xlink:to="lab_us-gaap_MinorityInterest_87C6C305EC69061F668F79D8A0308ED9" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_88C6087635C7FD22BEB679D8A0304A03_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_88C6087635C7FD22BEB679D8A0304A03" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_88C6087635C7FD22BEB679D8A0304A03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_88C6087635C7FD22BEB679D8A0304A03" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_88C6087635C7FD22BEB679D8A0304A03" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_036E82264447A53E5FB387B1C4A5603B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_2214FE4D01642355A17C87B1C4A57B7C_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_2214FE4D01642355A17C87B1C4A57B7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_2214FE4D01642355A17C87B1C4A57B7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_2214FE4D01642355A17C87B1C4A57B7C" xlink:to="lab_us-gaap_AwardTypeAxis_2214FE4D01642355A17C87B1C4A57B7C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Stock</link:label>
    <link:label id="lab_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC_label_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="loc_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC" xlink:to="lab_us-gaap_RestrictedStockMember_712B3C811D4FF990660A87B1C4A5C6EC" xlink:type="arc" />
    <link:label id="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38_terseLabel_en-US" xlink:label="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LTIP Units and Restricted Stock</link:label>
    <link:label id="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38_label_en-US" xlink:label="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LTIP Units and Restricted Stock [Member]</link:label>
    <link:label id="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38_documentation_en-US" xlink:label="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LTIP Units and Restricted Stock [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LtipUnitsAndRestrictedStockMember" xlink:label="loc_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:to="lab_akr_LtipUnitsAndRestrictedStockMember_C8399D500B8E85A5171387B1C4A52D38" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576" xlink:to="lab_us-gaap_TitleOfIndividualAxis_42BD6F65F4E9824E2DE787B1C4A5E576" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual with Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_B3E7B04F999A106D971D87B1C4A67EC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0_terseLabel_en-US" xlink:label="lab_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Officer</link:label>
    <link:label id="lab_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0_label_en-US" xlink:label="lab_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Officer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OfficerMember" xlink:label="loc_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0" xlink:to="lab_us-gaap_OfficerMember_2D7E4BB70C5363A6243787B1C4A657F0" xlink:type="arc" />
    <link:label id="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5_terseLabel_en-US" xlink:label="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Employees</link:label>
    <link:label id="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5_label_en-US" xlink:label="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Employees [Member]</link:label>
    <link:label id="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5_documentation_en-US" xlink:label="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Employees [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_OtherEmployeesMember" xlink:label="loc_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:to="lab_akr_OtherEmployeesMember_DA523F8F8A6856DFE48C87B1C4A640C5" xlink:type="arc" />
    <link:label id="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685_terseLabel_en-US" xlink:label="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Kenneth Bernstein</link:label>
    <link:label id="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685_label_en-US" xlink:label="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Kenneth Bernstein [Member]</link:label>
    <link:label id="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685_documentation_en-US" xlink:label="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Kenneth Bernstein [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_KennethBernsteinMember" xlink:label="loc_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:to="lab_akr_KennethBernsteinMember_B2FE60B2C8702DEF053187B1C4A69685" xlink:type="arc" />
    <link:label id="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC_terseLabel_en-US" xlink:label="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trustee</link:label>
    <link:label id="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC_label_en-US" xlink:label="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trustee [Member]</link:label>
    <link:label id="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC_documentation_en-US" xlink:label="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trustee [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_TrusteeMember" xlink:label="loc_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:to="lab_akr_TrusteeMember_1DBE579A9F9801204B8987B1C4A62EEC" xlink:type="arc" />
    <link:label id="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6_terseLabel_en-US" xlink:label="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Executives</link:label>
    <link:label id="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6_label_en-US" xlink:label="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Executives [Member]</link:label>
    <link:label id="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6_documentation_en-US" xlink:label="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Executives [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SeniorExecutivesMember" xlink:label="loc_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:to="lab_akr_SeniorExecutivesMember_22A377B46DE22AF29E3287B1C4A6D7D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:label id="lab_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504_label_en-US" xlink:label="lab_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504" xlink:to="lab_us-gaap_PlanNameAxis_1CD9FF06F8F762EDF4EC87B1C4A6A504" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:label id="lab_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA_label_en-US" xlink:label="lab_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA" xlink:to="lab_us-gaap_PlanNameDomain_DADD617EC5C23B66767087B1C4A6F8FA" xlink:type="arc" />
    <link:label id="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE_terseLabel_en-US" xlink:label="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long Term Investment Alignment Program</link:label>
    <link:label id="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE_label_en-US" xlink:label="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Investment Alignment Program [Member]</link:label>
    <link:label id="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE_documentation_en-US" xlink:label="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long Term Investment Alignment Program [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LongTermInvestmentAlignmentProgramMember" xlink:label="loc_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:to="lab_akr_LongTermInvestmentAlignmentProgramMember_557BC7770807C49A1CCF87B1C4A610BE" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430_terseLabel_en-US" xlink:label="lab_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:label id="lab_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430_label_en-US" xlink:label="lab_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VestingAxis" xlink:label="loc_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430" xlink:to="lab_us-gaap_VestingAxis_16D0CDEBE05E639407DE87B1C4A67430" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066_terseLabel_en-US" xlink:label="lab_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:label id="lab_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066_label_en-US" xlink:label="lab_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VestingDomain" xlink:label="loc_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066" xlink:to="lab_us-gaap_VestingDomain_A0D910D80D829BC9CDCA87B1C4A6D066" xlink:type="arc" />
    <link:label id="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860_terseLabel_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting on first anniversary</link:label>
    <link:label id="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860_label_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Tranche One [Member]</link:label>
    <link:label id="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860_documentation_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Tranche One [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SharebasedCompensationTrancheOneMember" xlink:label="loc_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:to="lab_akr_SharebasedCompensationTrancheOneMember_F2A2C9DA606471E274C887B1C4A6A860" xlink:type="arc" />
    <link:label id="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE_terseLabel_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting over each of next three years</link:label>
    <link:label id="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE_label_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Tranche Three [Member]</link:label>
    <link:label id="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE_documentation_en-US" xlink:label="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Tranche Three [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_SharebasedCompensationTrancheThreeMember" xlink:label="loc_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:to="lab_akr_SharebasedCompensationTrancheThreeMember_95C1FABB81253C29D81287B1C4A60ECE" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_46F1C8FA5A5F7B6CA33A87B1C4A69619" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock issued during period, shares, share-based compensation, net of forfeitures (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_37C61B723E77DC0CFC9787B1C4A7F0AD" xlink:type="arc" />
    <link:label id="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98_terseLabel_en-US" xlink:label="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of awards issued to officers subject to performance measures</link:label>
    <link:label id="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98_label_en-US" xlink:label="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percent of Awards Issued to Officers Subject to Performance Measures</link:label>
    <link:label id="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98_documentation_en-US" xlink:label="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent of Awards Issued to Officers Subject to Performance Measures</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures" xlink:label="loc_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:to="lab_akr_PercentOfAwardsIssuedToOfficersSubjectToPerformanceMeasures_BC2B2082B9E0C987B9A287B1C4A7BF98" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950_verboseLabel_en-US" xlink:label="lab_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock granted during period, value, share-based compensation, net of forfeitures</link:label>
    <link:label id="lab_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950_label_en-US" xlink:label="lab_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Granted, Value, Share-based Compensation, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation" xlink:label="loc_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950" xlink:to="lab_us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_696ED51D9BD42D8AFD6C87B1C4A7A950" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_E680EE871D79C2908FC787B1C4A7C563_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_E680EE871D79C2908FC787B1C4A7C563" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_E680EE871D79C2908FC787B1C4A7C563" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_E680EE871D79C2908FC787B1C4A7C563" xlink:to="lab_us-gaap_ShareBasedCompensation_E680EE871D79C2908FC787B1C4A7C563" xlink:type="arc" />
    <link:label id="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A_terseLabel_en-US" xlink:label="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long term incentive and share based compensation expense</link:label>
    <link:label id="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A_label_en-US" xlink:label="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Incentive and Share Based Compensation Expense</link:label>
    <link:label id="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A_documentation_en-US" xlink:label="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long Term Incentive and Share Based Compensation Expense</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_LongTermIncentiveAndShareBasedCompensationExpense" xlink:label="loc_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:to="lab_akr_LongTermIncentiveAndShareBasedCompensationExpense_3D5C603D6BE09E55E56387B1C4A7600A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation arrangement by share-based payment award, award vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_12D10B93E0DC7952B5D487B1C4A721C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation arrangement by share-based payment award, award vesting rights, percentage</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_15CD509140490E890B0C87B1C4A7FBEE" xlink:type="arc" />
    <link:label id="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1_terseLabel_en-US" xlink:label="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trustee fee expense</link:label>
    <link:label id="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1_label_en-US" xlink:label="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trustee Fee Expense</link:label>
    <link:label id="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1_documentation_en-US" xlink:label="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trustee Fee Expense</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_TrusteeFeeExpense" xlink:label="loc_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:to="lab_akr_TrusteeFeeExpense_14440983A1D4DD144DF287B1C4A7D3D1" xlink:type="arc" />
    <link:label id="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79_verboseLabel_en-US" xlink:label="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage of promote to be awarded as share based compensation awards</link:label>
    <link:label id="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79_label_en-US" xlink:label="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Percentage of Promote To Be Awarded as Share Based Compensation Awards</link:label>
    <link:label id="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79_documentation_en-US" xlink:label="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Percentage of Promote To Be Awarded as Share Based Compensation Awards. Promote is defined as the amount above a certain performance measurement threshold.</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards" xlink:label="loc_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:to="lab_akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_1A1DC114A62B37FE8ED587B1C4A7FA79" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsAbstract_583ED0E2238A7B45684F8DBDC6D73853_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsAbstract_583ED0E2238A7B45684F8DBDC6D73853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaap_SubsequentEventsAbstract_583ED0E2238A7B45684F8DBDC6D73853" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsAbstract_583ED0E2238A7B45684F8DBDC6D73853" xlink:to="lab_us-gaap_SubsequentEventsAbstract_583ED0E2238A7B45684F8DBDC6D73853" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34" xlink:to="lab_us-gaap_SubsequentEventTable_07192E6A18954831643F8DBDC6D75E34" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_CFA11B11CA8A689782768DBDC6D723AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_4DD567DA62BEDC6E00DC8DBDC6D77C76" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F" xlink:to="lab_us-gaap_SubsequentEventMember_775569AE963F20DA30A78DBDC6D7F58F" xlink:type="arc" />
    <link:label id="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3_terseLabel_en-US" xlink:label="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bedford Green Shopping Center</link:label>
    <link:label id="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3_label_en-US" xlink:label="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bedford Green Shopping Center [Member]</link:label>
    <link:label id="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3_documentation_en-US" xlink:label="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bedford Green Shopping Center [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BedfordGreenShoppingCenterMember" xlink:label="loc_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:to="lab_akr_BedfordGreenShoppingCenterMember_8EB3DAA125AE95664BDD8DBDC6D8ACB3" xlink:type="arc" />
    <link:label id="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89_terseLabel_en-US" xlink:label="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eden Square Shopping Center</link:label>
    <link:label id="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89_label_en-US" xlink:label="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Eden Square Shopping Center [Member]</link:label>
    <link:label id="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89_documentation_en-US" xlink:label="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Eden Square Shopping Center [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_EdenSquareShoppingCenterMember" xlink:label="loc_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:to="lab_akr_EdenSquareShoppingCenterMember_ACF9945A720025E4FC098DBDC6D8CB89" xlink:type="arc" />
    <link:label id="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53_terseLabel_en-US" xlink:label="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bedford Hills, NY</link:label>
    <link:label id="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53_label_en-US" xlink:label="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bedford Hills, New York [Member]</link:label>
    <link:label id="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53_documentation_en-US" xlink:label="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bedford Hills, New York [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BedfordHillsNewYorkMember" xlink:label="loc_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:to="lab_akr_BedfordHillsNewYorkMember_0450C8D8B981D1B2A5658DBDC6D84B53" xlink:type="arc" />
    <link:label id="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73_terseLabel_en-US" xlink:label="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bear, DE</link:label>
    <link:label id="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73_label_en-US" xlink:label="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bear, Delaware [Member]</link:label>
    <link:label id="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73_documentation_en-US" xlink:label="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bear, Delaware [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_BearDelawareMember" xlink:label="loc_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:to="lab_akr_BearDelawareMember_D909458E5D5C637335F68DBDC6D8DF73" xlink:type="arc" />
    <link:label id="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1_terseLabel_en-US" xlink:label="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.1% Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1_label_en-US" xlink:label="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Point One Percent Mortgage Note [Member]</link:label>
    <link:label id="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1_documentation_en-US" xlink:label="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five Point One Percent Mortgage Note [Member]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_FivePointOnePercentMortgageNoteMember" xlink:label="loc_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:to="lab_akr_FivePointOnePercentMortgageNoteMember_7BBFF0B57A4D9E39510B8DBDC6D9E0E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207_label_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207" xlink:to="lab_us-gaap_SubsequentEventLineItems_E28ACA90347C36B506578DBDC6D99207" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combination, consideration transferred, liabilities incurred</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred, Liabilities Incurred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_949188EC4FBF4EFF47468DBDC6DAA075" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_2942300DB9D9CE2046EA79D8A0283B70" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_38A46447F160F4DE8AF979D8A028DDD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659" xlink:to="lab_us-gaap_CommonStockSharesIssued_9F77575A3B978233D25B79D8A028E659" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_522717DDC78E06F6B93B79D8A0287E9F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_522717DDC78E06F6B93B79D8A0287E9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_522717DDC78E06F6B93B79D8A0287E9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_522717DDC78E06F6B93B79D8A0287E9F" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_522717DDC78E06F6B93B79D8A0287E9F" xlink:type="arc" />
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945_terseLabel_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table]</link:label>
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945_label_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table]</link:label>
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945_documentation_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ScheduleOfEarningsPerShareBasicAndDilutedTable" xlink:label="loc_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:to="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedTable_FE2C5E49B7F35559735F87B1C5617945" xlink:type="arc" />
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59_terseLabel_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Line Items]</link:label>
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59_label_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Line Items]</link:label>
    <link:label id="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59_documentation_en-US" xlink:label="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Line Items]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems" xlink:label="loc_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:to="lab_akr_ScheduleOfEarningsPerShareBasicAndDilutedLineItems_E1AAA4EC8D482C2FA9B687B1C5629D59" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive securities excluded from computation of earnings per share, amount</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_895F5CDFA019FA8F1672882023C430AB" xlink:type="arc" />
    <link:label id="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8_terseLabel_en-US" xlink:label="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Numerator:</link:label>
    <link:label id="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8_label_en-US" xlink:label="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Numerator [Abstract]</link:label>
    <link:label id="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8_documentation_en-US" xlink:label="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Numerator [Abstract]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_EarningsPerShareNumeratorAbstract" xlink:label="loc_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:to="lab_akr_EarningsPerShareNumeratorAbstract_9D85F27E00EC06DA034A87B1C56296A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperations_D327A4D171BF993F1F0387B1C56250D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: net income attributable to participating securities</link:label>
    <link:label id="lab_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4_label_en-US" xlink:label="lab_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings Allocated to Participating Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="loc_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4" xlink:to="lab_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_DCE350A1ADA7776E6DEE87B1C562C4F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E_totalLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations net of income attributable to participating securities</link:label>
    <link:label id="lab_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E_label_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarnings" xlink:label="loc_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E" xlink:to="lab_us-gaap_UndistributedEarnings_E84BE64DBE7D5248817587B1C562469E" xlink:type="arc" />
    <link:label id="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1_terseLabel_en-US" xlink:label="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Denominator</link:label>
    <link:label id="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1_label_en-US" xlink:label="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Denominator [Abstract]</link:label>
    <link:label id="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1_documentation_en-US" xlink:label="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Denominator [Abstract]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_EarningsPerShareDenominatorAbstract" xlink:label="loc_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:to="lab_akr_EarningsPerShareDenominatorAbstract_50C249DAB9ECB78AB89987B1C56267B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average shares for basic earnings per share (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Issued, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesIssuedBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesIssuedBasic_B9C898FF1FE76559B97587B1C562C93B" xlink:type="arc" />
    <link:label id="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7_verboseLabel_en-US" xlink:label="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Effect of dilutive securities:</link:label>
    <link:label id="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7_label_en-US" xlink:label="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive Securities, Effect on Basic Earnings Per Share, Denominator [Abstract]</link:label>
    <link:label id="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7_documentation_en-US" xlink:label="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dilutive Securities, Effect on Basic Earnings Per Share, Denominator [Abstract]</link:label>
    <link:loc xlink:href="akr-20140630.xsd#akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract" xlink:label="loc_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:to="lab_akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_F32D0FD94E8D04B5B46887B1C562E0E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Restricted Share Units and share options (in shares)</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_62D068D4DD899FEB85F887B1C562D1F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Convertible Preferred OP Units (in shares)</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_20F80EB762049C0404D087B1C562F05B" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Denominator for diluted earnings per share (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_08AF37BC6DBDAA3E438C87B1C562F900" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per Common Share from continuing operations attributable to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic, Undistributed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicUndistributed" xlink:label="loc_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E" xlink:to="lab_us-gaap_EarningsPerShareBasicUndistributed_9DD4E9085E5395A9794D87B1C562DC7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per Common Share from continuing operations attributable to Common Shareholders</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted, Undistributed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedUndistributed" xlink:label="loc_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7" xlink:to="lab_us-gaap_EarningsPerShareDilutedUndistributed_475F9BB0C27BD9B2B77487B1C562BBD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_D4FC50565E3DBB5DC6B20115174EFAE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8" xlink:to="lab_us-gaap_SubsequentEventsTextBlock_6F8FE10EEE9796359A7F0115169017E8" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
