XML 55 R45.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Real Estate - Schedule of Acquisitions and Conversions (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2022 | Dec. 31, 2021
Business Acquisition [Line Items] |  |  |
Purchase Price |  | $ 305,903 | $ 194,966
New York, NY |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price | [1] | 59,207 |
Fund V |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price |  |  | $ 168,646
Fund V | Canton Marketplace | Canton GA |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  |  | 100.00%
Purchase Price |  |  | $ 50,954
Fund V | Monroe Marketplace | PA |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  |  | 100.00%
Purchase Price |  |  | $ 44,796
Fund V | Monroe Marketplace Parcel | PA |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  |  | 100.00%
Purchase Price |  |  | $ 1,029
Fund V | Midstate | NJ |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  |  | 100.00%
Purchase Price |  |  | $ 71,867
Core Portfolio |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price |  | 246,696 | 26,320
Core Portfolio | 121 Spring Street - New York, NY |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price |  | $ 39,637 |
Core Portfolio | 121 Spring Street | New York, NY |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  | 100.00% |
Core Portfolio | 8833 Beverly Boulevard | West Hollywood |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  | 100.00% |
Purchase Price |  | $ 24,117 |
Core Portfolio | Henderson Avenue | Dallas, TX |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired | [2] | 100.00% |
Purchase Price | [2] | $ 85,192 |
Core Portfolio | Williamsburg Portfolio | Brooklyn, NY |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price | [3] | 97,750 |
Core Portfolio | Fourteen Street Portfolio |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price |  |  | $ 26,320
Core Portfolio | Fourteen Street Portfolio | Washington DC |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired |  |  | 100.00%
Fund III |  |  |
Business Acquisition [Line Items] |  |  |
Purchase Price |  | $ 59,207 |
Fund III | 640 Broadway | New York, NY |  |  |
Business Acquisition [Line Items] |  |  |
Percent Acquired | [1] | 100.00% |
[1] | The entity was previously accounted for as an equity method investment until an affiliate of Fund III acquired the venture partner's interest in a foreclosure action. Fund III now indirectly owns 100% of the entity and consolidates it (Note 4).
[2] | The Henderson Avenue Portfolio comprises 14 operating retail assets, one residential building and two development and redevelopment sites.
[3] | The Company invested $2.8 million in its 49.99% equity interest and, through a separate lending subsidiary, provided a $64.1 million first mortgage loan and a $30.9 million mezzanine loan to subsidiaries of the venture (such equity and loans have been eliminated in consolidation). Pursuant to the entity’s operating agreement, the venture partner has a one-time right to put its 50.01% interest in the entity (the "Williamsburg NCI", which is further described in Note 10) to the Company for fair value at a future date. Given the preferred rate of return of the Company embedded in its equity interests and the accruing debt senior to the equity, the Company did not attribute any initial redemption value to the Williamsburg NCI and recognized a bargain purchase gain of $1.2 million, which is included in Realized and unrealized holding (losses) gains on investments and other in the consolidated statements of operations.

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_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6613-128477 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6578-128477 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferred1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_StatementGeographicalAxis=akr_NewYorkNyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_CantonMarketplaceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_CantonGaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_MonroeMarketplaceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_PaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_MonroeMarketplaceParcelMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_MidstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=stpr_NJ
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | srt_StatementGeographicalAxis=akr_SpringStreetNewYorkNyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_OneTwentyOneSpringStreetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_BeverlyBoulevardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_WestHollywoodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_HendersonAvenueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_DallasTxMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_WilliamsburgCollectionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_BrooklynNyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=akr_FourteenStreetPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=akr_WashingtonDCMember
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_BusinessAcquisitionAxis=akr_BroadwayMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |