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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2014
Segment Reporting [Abstract] |
Reconciliation of Certain Segment Information from Segments to Consolidated | The following table sets forth certain segment information for the Company, reclassified for discontinued operations, as of and for the years ended December 31, 2014, 2013 and 2012 (does not include unconsolidated affiliates or discontinued operations): 2014
(dollars in thousands) |  | Core Portfolio |  | Funds |  | Structured Financing |  | Total
Revenues |  | $ | 125,022 |  |  | $ | 54,659 |  |  | $ | 15,331 |  |  | $ | 195,012 |
Property operating expenses, other operating and real estate taxes |  | (33,097 | ) |  | (18,574 | ) |  | — |  |  | (51,671 | )
General and administrative expenses |  | (24,853 | ) |  | (1,665 | ) |  | (915 | ) |  | (27,433 | )
Depreciation and amortization |  | (35,875 | ) |  | (13,770 | ) |  | — |  |  | (49,645 | )
Operating income |  | 31,197 |  |  | 20,650 |  |  | 14,416 |  |  | 66,263 |
Equity in (losses) earnings of unconsolidated affiliates |  | (77 | ) |  | 8,800 |  |  | — |  |  | 8,723 |
Gain on disposition of properties of unconsolidated affiliates |  | — |  |  | 102,855 |  |  | — |  |  | 102,855 |
Loss on debt extinguishment |  | (3 | ) |  | (332 | ) |  | — |  |  | (335 | )
Interest and other finance expense |  | (27,021 | ) |  | (12,070 | ) |  | — |  |  | (39,091 | )
Gain on disposition of property |  | 12,577 |  |  | 561 |  |  | — |  |  | 13,138 |
Income tax provision |  | (176 | ) |  | (453 | ) |  | — |  |  | (629 | )
Income from continuing operations |  | 16,497 |  |  | 120,011 |  |  | 14,416 |  |  | 150,924 |
Discontinued operations |  |  |  |  |  |  |  |
Gain on disposition of properties |  | — |  |  | 1,222 |  |  | — |  |  | 1,222 |
Income from discontinued operations |  | — |  |  | 1,222 |  |  | — |  |  | 1,222 |
Net income |  | 16,497 |  |  | 121,233 |  |  | 14,416 |  |  | 152,146 |
Noncontrolling interests |  |  |  |  |  |  |  |
Income from continuing operations |  | (3,213 | ) |  | (76,846 | ) |  | — |  |  | (80,059 | )
Income from discontinued operations |  | (9 | ) |  | (1,014 | ) |  | — |  |  | (1,023 | )
Net income attributable to noncontrolling interests |  | (3,222 | ) |  | (77,860 | ) |  | — |  |  | (81,082 | )
Net income attributable to Common Shareholders |  | $ | 13,275 |  |  | $ | 43,373 |  |  | $ | 14,416 |  |  | $ | 71,064 |
Real Estate at Cost |  | $ | 1,366,017 |  |  | $ | 842,578 |  |  | $ | — |  |  | $ | 2,208,595 |
Total Assets |  | $ | 1,615,436 |  |  | $ | 1,014,878 |  |  | $ | 102,286 |  |  | $ | 2,732,600 |
Acquisition of Real Estate |  | $ | 203,103 |  |  | $ | 47,250 |  |  | $ | — |  |  | $ | 250,353 |
Redevelopment and Property Improvement Costs |  | $ | 5,432 |  |  | $ | 134,686 |  |  | $ | — |  |  | $ | 140,118 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2013
(dollars in thousands) |  | Core Portfolio |  | Funds |  | Structured Financing |  | Total
Revenues |  | $ | 110,355 |  |  | $ | 46,131 |  |  | $ | 11,800 |  |  | $ | 168,286 |
Property operating expenses, other operating and real estate taxes |  | (29,040 | ) |  | (17,513 | ) |  | — |  |  | (46,553 | )
General and administrative expenses |  | (24,387 | ) |  | (1,168 | ) |  | — |  |  | (25,555 | )
Depreciation and amortization |  | (28,989 | ) |  | (11,310 | ) |  | — |  |  | (40,299 | )
Operating Income |  | 27,939 |  |  | 16,140 |  |  | 11,800 |  |  | 55,879 |
Equity in (losses) earnings of unconsolidated affiliates |  | (99 | ) |  | 12,481 |  |  | — |  |  | 12,382 |
Impairment of asset |  | (1,500 | ) |  | — |  |  | — |  |  | (1,500 | )
Loss on debt extinguishment |  | (309 | ) |  | (456 | ) |  | — |  |  | (765 | )
Interest and other finance expense |  | (26,158 | ) |  | (13,316 | ) |  | — |  |  | (39,474 | )
Income tax benefit (provision) |  | 131 |  |  | (150 | ) |  | — |  |  | (19 | )
Income from continuing operations |  | 4 |  |  | 14,699 |  |  | 11,800 |  |  | 26,503 |
Discontinued operations |  |  |  |  |  |  |  |  |
Operating income from discontinued operations |  | 535 |  |  | 6,283 |  |  | — |  |  | 6,818 |
Impairment of asset |  | — |  |  | (6,683 | ) |  | — |  |  | (6,683 | )
Loss on debt extinguishment |  | (145 | ) |  | (655 | ) |  | — |  |  | (800 | )
Gain on disposition of properties |  | 6,488 |  |  | 12,314 |  |  | — |  |  | 18,802 |
Income from discontinued operations |  | 6,878 |  |  | 11,259 |  |  | — |  |  | 18,137 |
Net income |  | 6,882 |  |  | 25,958 |  |  | 11,800 |  |  | 44,640 |
Noncontrolling interests |  |  |  |  |  |  |  |  |
(Income) loss from continuing operations |  | (1,002 | ) |  | 8,525 |  |  | — |  |  | 7,523 |
Income from discontinued operations |  | (2,406 | ) |  | (9,642 | ) |  | — |  |  | (12,048 | )
Net income attributable to noncontrolling interests |  | (3,408 | ) |  | (1,117 | ) |  | — |  |  | (4,525 | )
Net income attributable to Common Shareholders |  | $ | 3,474 |  |  | $ | 24,841 |  |  | $ | 11,800 |  |  | $ | 40,115 |
Real Estate at Cost |  | $ | 1,059,257 |  |  | $ | 759,796 |  |  | $ | — |  |  | $ | 1,819,053 |
Total Assets |  | $ | 1,012,553 |  |  | $ | 1,105,264 |  |  | $ | 126,706 |  |  | $ | 2,244,523 |
Acquisition of Real Estate |  | $ | 143,616 |  |  | $ | 76,425 |  |  | $ | — |  |  | $ | 220,041 |
Redevelopment and Property Improvement Costs |  | $ | 10,611 |  |  | $ | 96,272 |  |  | $ | — |  |  | $ | 106,883 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2012
(dollars in thousands) |  | Core Portfolio |  | Funds |  | Structured Financing |  | Total
Revenues |  | $ | 70,400 |  |  | $ | 36,560 |  |  | $ | 8,027 |  |  | $ | 114,987 |
Property operating expenses, other operating and real estate taxes |  | (21,817 | ) |  | (15,899 | ) |  | — |  |  | (37,716 | )
Reserve for notes receivable |  | — |  |  | — |  |  | (405 | ) |  | (405 | )
General and administrative expenses |  | (19,578 | ) |  | (1,645 | ) |  | — |  |  | (21,223 | )
Depreciation and amortization |  | (17,065 | ) |  | (10,823 | ) |  | — |  |  | (27,888 | )
Operating Income |  | 11,940 |  |  | 8,193 |  |  | 7,622 |  |  | 27,755 |
Equity in earnings of unconsolidated affiliates |  | 262 |  |  | 288 |  |  | — |  |  | 550 |
Gain on disposition of properties of unconsolidated affiliates |  | — |  |  | 3,061 |  |  | — |  |  | 3,061 |
Impairment of unconsolidated affiliates |  | — |  |  | (2,032 | ) |  | — |  |  | (2,032 | )
Loss on debt extinguishment |  | — |  |  | (198 | ) |  | — |  |  | (198 | )
Gain on involuntary conversion of asset |  | 2,368 |  |  | — |  |  | — |  |  | 2,368 |
Interest and other finance expense |  | (15,431 | ) |  | (7,380 | ) |  | — |  |  | (22,811 | )
Income tax (provision) benefit |  | (241 | ) |  | 815 |  |  | — |  |  | 574 |
(Loss) income from continuing operations |  | (1,102 | ) |  | 2,747 |  |  | 7,622 |  |  | 9,267 |
Discontinued operations |  |  |  |  |  |  |  |
Operating income from discontinued operations |  | 319 |  |  | 11,688 |  |  | — |  |  | 12,007 |
Loss on debt extinguishment |  | — |  |  | (2,541 | ) |  | — |  |  | (2,541 | )
Gain on disposition of properties |  | — |  |  | 71,203 |  |  | — |  |  | 71,203 |
Income from discontinued operations |  | 319 |  |  | 80,350 |  |  | — |  |  | 80,669 |
Net (loss) income |  | (783 | ) |  | 83,097 |  |  | 7,622 |  |  | 89,936 |
Noncontrolling interests |  |  |  |  |  |  |  |
Loss from continuing operations |  | 60 |  |  | 14,292 |  |  | — |  |  | 14,352 |
Income from discontinued operations |  | (128 | ) |  | (64,454 | ) |  | — |  |  | (64,582 | )
Net income attributable to noncontrolling interests |  | (68 | ) |  | (50,162 | ) |  | — |  |  | (50,230 | )
Net (loss) income attributable to Common Shareholders |  | $ | (851 | ) |  | $ | 32,935 |  |  | $ | 7,622 |  |  | $ | 39,706 |
Real Estate at Cost |  | $ | 722,345 |  |  | $ | 564,853 |  |  | $ | — |  |  | $ | 1,287,198 |
Total Assets |  | $ | 727,423 |  |  | $ | 811,855 |  |  | $ | 130,885 |  |  | $ | 1,670,163 |
Acquisition of Real Estate |  | $ | 175,556 |  |  | $ | 66,338 |  |  | $ | — |  |  | $ | 241,894 |
Redevelopment and Property Improvement Costs |  | $ | 3,862 |  |  | $ | 78,265 |  |  | $ | — |  |  | $ | 82,127 |

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