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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, 2023
Jun. 30, 2023
Dec. 31, 2022
Real Estate [Line Items]      
Impairment charges $ 0 $ 0  
Fair Value, Measurements, Nonrecurring      
Real Estate [Line Items]      
Impairment charges     $ 33,311
Fair Value, Measurements, Nonrecurring | Acadia Realty Trust      
Real Estate [Line Items]      
Impairment charges     $ 7,702
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Triggering Event     Reduced projected operating income
Impairment charges     $ 12,435
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Impairment charges     $ 2,875
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Triggering Event     Reduced holding period and intended use
Impairment charges     $ 20,876
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections      
Real Estate [Line Items]      
Impairment charges     $ 4,827