XML 111 R93.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Summary of Quarterly Financial Information (Unaudited) (Details) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2017 USD ($) property $ / shares shares | Sep. 30, 2017 USD ($) property $ / shares shares | Jun. 30, 2017 USD ($) $ / shares shares | Mar. 31, 2017 USD ($) property $ / shares shares | Dec. 31, 2016 USD ($) $ / shares shares | Sep. 30, 2016 USD ($) $ / shares shares | Jun. 30, 2016 USD ($) $ / shares shares | Mar. 31, 2016 USD ($) $ / shares shares | Dec. 31, 2017 USD ($) property $ / shares shares | Dec. 31, 2016 USD ($) $ / shares shares | Dec. 31, 2015 USD ($) $ / shares shares
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 66,081 | $ 62,678 | $ 59,504 | $ 61,999 | $ 54,121 | $ 43,855 | $ 43,918 | $ 48,045 | $ 250,262 | $ 189,939 | $ 199,063
Net income (loss) | 24,944 | 13,285 | 6,108 | 19,971 | 34,236 | 326 | 26,155 | 73,875 | 64,308 | 134,592 | 149,970
Net income attributable to noncontrolling interests | (4,032) | (418) | 5,952 | (4,340) | (14,415) | 5,786 | (8,237) | (44,950) | (2,838) | (61,816) | (84,262)
Net income attributable to Acadia | $ 20,912 | $ 12,867 | $ 12,060 | $ 15,631 | $ 19,821 | $ 6,112 | $ 17,918 | $ 28,925 | $ 61,470 | $ 72,776 | $ 65,708
Basic (in dollars per share) | $ / shares | $ 0.25 | $ 0.15 | $ 0.14 | $ 0.18 | $ 0.24 | $ 0.08 | $ 0.24 | $ 0.40 |  |  |
Diluted (in dollars per share) | $ / shares | $ 0.25 | $ 0.15 | $ 0.14 | $ 0.18 | $ 0.24 | $ 0.08 | $ 0.24 | $ 0.40 |  |  |
Weighted average number of shares: Basic | shares | 83,733,000 | 83,700,000 | 83,662,000 | 83,635,000 | 82,728,000 | 78,449,000 | 72,896,000 | 70,756,000 |  |  |
Weighted average number of shares: Diluted | shares | 83,733,000 | 83,700,000 | 83,662,000 | 83,646,000 | 82,728,000 | 78,624,000 | 72,896,000 | 71,215,000 | 83,685,471 | 76,243,550 | 68,869,639
Cash dividends declared per common share (in dollars per share) | $ / shares | $ 0.27 | $ 0.26 | $ 0.26 | $ 0.26 | $ 0.41 | $ 0.25 | $ 0.25 | $ 0.25 | $ 1.05 | $ 1.16 | $ 1.22
Impairment charges | $ 10,600 | $ 3,800 |  |  |  |  |  |  | $ 14,455 | $ 0 | $ 5,000
Gain on change in control and other | 5,600 |  |  |  |  |  |  |  | 5,571 | 0 | $ 1,596
Equity method investment, ownership percentage |  |  |  |  |  |  |  | 65.00% |  |  |
Noncontrolling Interests |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  |  |  |  |  |  |  |  | $ 2,838 | 61,816 |
Impairment charges | 7,600 | 2,700 |  |  |  |  |  |  |  |  |
Cortlandt Towne Center | Fund III |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain/(Loss) on sale |  |  |  |  |  |  |  | $ 65,400 |  |  |
Cortlandt Towne Center | Fund III | Noncontrolling Interests |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain/(Loss) on sale |  |  |  |  |  |  |  | $ 49,400 |  |  |
Heritage Shops | Fund III |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain/(Loss) on sale |  |  |  |  |  |  | $ 16,600 |  |  |  |
Heritage Shops | Fund III | Noncontrolling Interests |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain/(Loss) on sale |  |  |  |  |  |  | $ 12,500 |  |  |  |
Restatement Adjustment |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  |  |  |  | $ (4,200) |  |  |  |  | (4,200) |
Net income attributable to noncontrolling interests |  |  |  |  | $ 1,600 |  |  |  |  | $ 1,600 |
Disposed of by sale |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on disposal | $ 35,900 | $ 13,000 | $ 3,300 | $ 14,500 |  |  |  |  |  |  |
Number of retail properties | property | 3 | 2 |  | 2 |  |  |  |  | 3 |  |
Disposed of by sale | Noncontrolling Interests |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on disposal | $ 26,700 | $ 10,700 |  |  |  |  |  |  |  |  |
Disposed of by sale | Partnership Interest |  |  |  |  |  |  |  |  |  |  |
Interim Period, Costs Not Allocable [Line Items] |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on disposal |  |  | $ 800 | $ 2,700 |  |  |  |  |  |  |

X
- Definition Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Gross + References No definition available. + Details
Name: | akr_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationGross
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Gain (Loss) Change In Control And Other + References No definition available. + Details
Name: | akr_GainLossChangeInControlAndOther
Namespace Prefix: | akr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=68055307&loc=d3e2420-110228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 + Details
Name: | us-gaap_AssetImpairmentCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=68055307&loc=d3e2443-110228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 + Details
Name: | us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_EarningsPerShareBasic
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_EarningsPerShareDiluted
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_InterimPeriodCostsNotAllocableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684 + Details
Name: | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1377-109256 + Details
Name: | us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684 + Details
Name: | us-gaap_ProfitLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate revenue from real estate operations during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_RealEstateRevenueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1505-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1448-109256 + Details
Name: | us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_NoncontrollingInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=akr_CortlandtTowneCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=akr_FundIiiMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=akr_HeritageShopsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_RestatementAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DisposalGroupClassificationAxis=us-gaap_DiscontinuedOperationsDisposedOfBySaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidatedEntitiesAxis=us-gaap_PartnershipInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |