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Financial Instruments and Fair Value Measurements - Schedule of Items Measured at Fair Value on Nonrecurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Derivatives, Fair Value [Line Items]              
Impairment charges $ 0     $ 1,400 $ 51,549 $ 1,400  
Fair Value, Measurements, Nonrecurring              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 51,549         $ 1,721
Fair Value, Measurements, Nonrecurring | Acadia Realty Trust              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 12,400         $ 395
Cortlandt Crossing, Mohegan Lake, NY | Fair Value, Measurements, Nonrecurring | Fund III | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Triggering Event   Reduced holding period, reduced projected operating income          
Impairment charges   $ 27,402          
Cortlandt Crossing, Mohegan Lake, NY | Fair Value, Measurements, Nonrecurring | Fund III | Acadia Realty Trust | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 6,726          
654 Broadway, New York, NY | Fair Value, Measurements, Nonrecurring | Fund III | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Triggering Event   Reduced holding period          
Impairment charges   $ 6,398          
654 Broadway, New York, NY | Fair Value, Measurements, Nonrecurring | Fund III | Acadia Realty Trust | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 1,570          
146 Geary Street, San Francisco, CA | Fair Value, Measurements, Nonrecurring | Fund IV | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Triggering Event   Reduced holding period, reduced projected operating income          
Impairment charges   $ 6,718          
146 Geary Street, San Francisco, CA | Fair Value, Measurements, Nonrecurring | Fund IV | Acadia Realty Trust | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 1,553          
801 Madison Avenue, New York, NY | Fair Value, Measurements, Nonrecurring | Fund IV | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Triggering Event   Reduced holding period, reduced projected operating income          
Impairment charges   $ 11,031          
801 Madison Avenue, New York, NY | Fair Value, Measurements, Nonrecurring | Fund IV | Acadia Realty Trust | Level 3 Inputs Projections              
Derivatives, Fair Value [Line Items]              
Impairment charges   $ 2,551          
210 Bowery Residential Units | Fair Value, Measurements, Nonrecurring | Fund IV | Level 3 Inputs Contract Sales Price              
Derivatives, Fair Value [Line Items]              
Triggering Event     Reduced selling price        
Impairment charges     $ 321        
210 Bowery Residential Units | Fair Value, Measurements, Nonrecurring | Fund IV | Level 3 Inputs Offering Price              
Derivatives, Fair Value [Line Items]              
Triggering Event       Reduced selling price      
Impairment charges       $ 1,400      
210 Bowery Residential Units | Fair Value, Measurements, Nonrecurring | Fund IV | Acadia Realty Trust | Level 3 Inputs Contract Sales Price              
Derivatives, Fair Value [Line Items]              
Impairment charges     $ 74        
210 Bowery Residential Units | Fair Value, Measurements, Nonrecurring | Fund IV | Acadia Realty Trust | Level 3 Inputs Offering Price              
Derivatives, Fair Value [Line Items]              
Impairment charges       $ 321