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Segment Reporting - Summary of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Segment Reporting Information [Line Items]          
Revenues $ 71,062 $ 63,569 $ 145,862 $ 126,693  
Depreciation and amortization (30,304) (29,503) (60,637) (58,079)  
Property operating expenses, other operating and real estate taxes (23,238) (19,860) (45,188) (39,237)  
General and administrative expenses (9,034) (7,907) (17,357) (16,377)  
Impairment charge (1,400)   (1,400)    
Gain on disposition of properties   33 2,014 33  
Operating income 7,086 6,332 23,294 13,033  
Interest and other income 4,142 3,289 6,412 7,026  
Equity in earnings of unconsolidated affiliates 3,559 5,019 5,830 6,703  
Interest expense (19,759) (16,915) (37,618) (32,805)  
Income tax (provision) benefit (265) 5 (219) (387)  
Net income (loss) (5,237) (2,270) (2,301) (6,430)  
Net loss attributable to noncontrolling interests 14,317 9,935 23,578 21,514  
Net income attributable to Acadia 9,080 7,665 21,277 15,084  
Real estate at cost 3,939,525 3,548,043 3,939,525 3,548,043  
Total assets 4,209,922 3,880,768 4,209,922 3,880,768 $ 3,958,780
Acquisition of real estate     138,716 46,171  
Cash paid for development and property improvement costs     55,872 41,937  
Operating Segments | Core Portfolio          
Segment Reporting Information [Line Items]          
Revenues 43,212 40,539 89,899 82,166  
Depreciation and amortization (15,092) (14,927) (30,770) (30,425)  
Property operating expenses, other operating and real estate taxes (12,217) (10,510) (24,211) (21,405)  
General and administrative expenses 0 0 0 0  
Impairment charge 0   0    
Gain on disposition of properties   0 0 0  
Operating income 15,903 15,102 34,918 30,336  
Interest and other income 327 0 327 0  
Equity in earnings of unconsolidated affiliates 3,254 1,726 5,524 3,152  
Interest expense (6,839) (7,001) (13,532) (13,502)  
Income tax (provision) benefit 0 0 0 0  
Net income (loss) 12,645 9,827 27,237 19,986  
Net loss attributable to noncontrolling interests 425 200 385 128  
Net income attributable to Acadia 13,070 10,027 27,622 20,114  
Real estate at cost 2,154,630 2,047,672 2,154,630 2,047,672  
Total assets 2,267,022 2,236,405 2,267,022 2,236,405  
Acquisition of real estate     49,402 1,343  
Cash paid for development and property improvement costs     26,876 15,293  
Operating Segments | Opportunity Funds          
Segment Reporting Information [Line Items]          
Revenues 27,850 23,030 55,963 44,527  
Depreciation and amortization (15,212) (14,576) (29,867) (27,654)  
Property operating expenses, other operating and real estate taxes (11,021) (9,350) (20,977) (17,832)  
General and administrative expenses 0 0 0 0  
Impairment charge (1,400)   (1,400)    
Gain on disposition of properties   33 2,014 33  
Operating income 217 (863) 5,733 (926)  
Interest and other income 1,586 0 1,586 0  
Equity in earnings of unconsolidated affiliates 305 3,293 306 3,551  
Interest expense (12,920) (9,914) (24,086) (19,303)  
Income tax (provision) benefit 0 0 0 0  
Net income (loss) (10,812) (7,484) (16,461) (16,678)  
Net loss attributable to noncontrolling interests 13,892 9,735 23,193 21,386  
Net income attributable to Acadia 3,080 2,251 6,732 4,708  
Real estate at cost 1,784,895 1,500,371 1,784,895 1,500,371  
Total assets 1,848,238 1,535,154 1,848,238 1,535,154  
Acquisition of real estate     89,314 44,828  
Cash paid for development and property improvement costs     28,996 26,644  
Operating Segments | Structured Financing          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 0  
Depreciation and amortization 0 0 0 0  
Property operating expenses, other operating and real estate taxes 0 0 0 0  
General and administrative expenses 0 0 0 0  
Impairment charge 0   0    
Gain on disposition of properties   0 0 0  
Operating income 0 0 0 0  
Interest and other income 2,229 3,289 4,499 7,026  
Equity in earnings of unconsolidated affiliates 0 0 0 0  
Interest expense 0 0 0 0  
Income tax (provision) benefit 0 0 0 0  
Net income (loss) 2,229 3,289 4,499 7,026  
Net loss attributable to noncontrolling interests 0 0 0 0  
Net income attributable to Acadia 2,229 3,289 4,499 7,026  
Real estate at cost 0 0 0 0  
Total assets 94,662 109,209 94,662 109,209  
Acquisition of real estate     0 0  
Cash paid for development and property improvement costs     0 0  
Unallocated          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 0  
Depreciation and amortization 0 0 0 0  
Property operating expenses, other operating and real estate taxes 0 0 0 0  
General and administrative expenses (9,034) (7,907) (17,357) (16,377)  
Impairment charge 0   0    
Gain on disposition of properties   0 0 0  
Operating income (9,034) (7,907) (17,357) (16,377)  
Interest and other income 0 0 0 0  
Equity in earnings of unconsolidated affiliates 0 0 0 0  
Interest expense 0 0 0 0  
Income tax (provision) benefit (265) 5 (219) (387)  
Net income (loss) (9,299) (7,902) (17,576) (16,764)  
Net loss attributable to noncontrolling interests 0 0 0 0  
Net income attributable to Acadia (9,299) (7,902) (17,576) (16,764)  
Real estate at cost 0 0 0 0  
Total assets $ 0 $ 0 0 0  
Acquisition of real estate     0 0  
Cash paid for development and property improvement costs     $ 0 $ 0