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Segment Reporting - Summary of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Segment Reporting Information [Line Items]      
Revenues $ 71,420 $ 73,985  
Depreciation and amortization (33,377) (30,333)  
Property operating expenses, other operating and real estate taxes (23,767) (21,135)  
General and administrative expenses (9,070) (8,323)  
Gain on disposition of properties   2,014  
Impairment charges (51,549)    
Operating (loss) income (46,343) 16,208  
Interest income 2,929 2,270  
Other expense (530)    
Equity in earnings (losses) of unconsolidated affiliates 1,255 2,271  
Interest expense (18,302) (17,859)  
Income tax benefit 952 46  
Net (loss) income (60,039) 2,936  
Net loss attributable to noncontrolling interests 51,625 9,261  
Net (loss) income attributable to Acadia (8,414) 12,197  
Real estate at cost 4,082,116 3,755,591  
Total assets 4,305,138 4,044,041 $ 4,309,114
Cash paid for acquisition of real estate 19,088 32,034  
Cash paid for development and property improvement costs 13,333 19,909  
Operating Segments | Core Portfolio      
Segment Reporting Information [Line Items]      
Revenues 39,933 46,423  
Depreciation and amortization (17,056) (15,679)  
Property operating expenses, other operating and real estate taxes (11,814) (11,732)  
General and administrative expenses 0 0  
Gain on disposition of properties   0  
Impairment charges 0    
Operating (loss) income 11,063 19,012  
Interest income 0 0  
Other expense 0    
Equity in earnings (losses) of unconsolidated affiliates 1,642 2,270  
Interest expense (8,250) (6,693)  
Income tax benefit 0 0  
Net (loss) income 4,455 14,589  
Net loss attributable to noncontrolling interests 1,216 (41)  
Net (loss) income attributable to Acadia 5,671 14,548  
Real estate at cost 2,289,449 2,114,727  
Total assets 2,330,971 2,244,349  
Cash paid for acquisition of real estate 19,088 32,034  
Cash paid for development and property improvement costs 2,638 4,033  
Operating Segments | Opportunity Funds      
Segment Reporting Information [Line Items]      
Revenues 31,487 27,562  
Depreciation and amortization (16,321) (14,654)  
Property operating expenses, other operating and real estate taxes (11,953) (9,403)  
General and administrative expenses 0 0  
Gain on disposition of properties   2,014  
Impairment charges (51,549)    
Operating (loss) income (48,336) 5,519  
Interest income 0 0  
Other expense 0    
Equity in earnings (losses) of unconsolidated affiliates (387) 1  
Interest expense (10,052) (11,166)  
Income tax benefit 0 0  
Net (loss) income (58,775) (5,646)  
Net loss attributable to noncontrolling interests 50,409 9,302  
Net (loss) income attributable to Acadia (8,366) 3,656  
Real estate at cost 1,792,667 1,640,864  
Total assets 1,801,008 1,684,757  
Cash paid for acquisition of real estate 0 0  
Cash paid for development and property improvement costs 10,695 15,876  
Operating Segments | Structured Financing      
Segment Reporting Information [Line Items]      
Revenues 0 0  
Depreciation and amortization 0 0  
Property operating expenses, other operating and real estate taxes 0 0  
General and administrative expenses 0 0  
Gain on disposition of properties   0  
Impairment charges 0    
Operating (loss) income 0 0  
Interest income 2,929 2,270  
Other expense (530)    
Equity in earnings (losses) of unconsolidated affiliates 0 0  
Interest expense 0 0  
Income tax benefit 0 0  
Net (loss) income 2,399 2,270  
Net loss attributable to noncontrolling interests 0 0  
Net (loss) income attributable to Acadia 2,399 2,270  
Real estate at cost 0 0  
Total assets 173,159 114,935  
Cash paid for 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  
Depreciation and amortization 0 0  
Property operating expenses, other operating and real estate taxes 0 0  
General and administrative expenses (9,070) (8,323)  
Gain on disposition of properties   0  
Impairment charges 0    
Operating (loss) income (9,070) (8,323)  
Interest income 0 0  
Other expense 0    
Equity in earnings (losses) of unconsolidated affiliates 0 0  
Interest expense 0 0  
Income tax benefit 952 46  
Net (loss) income (8,118) (8,277)  
Net loss attributable to noncontrolling interests 0 0  
Net (loss) income attributable to Acadia (8,118) (8,277)  
Real estate at cost 0 0  
Total assets 0 0  
Cash paid for acquisition of real estate 0 0  
Cash paid for development and property improvement costs $ 0 $ 0