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<!-- DFIN New ActiveDisclosure (SM) XBRL Linkbase Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2023-10-31T17:13:02.1305+00:00 -->
<!-- Copyright (c) 2023 Donnelly Financial Solutions, Inc. All Rights Reserved. -->
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
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    <link:loc xlink:type="locator" xlink:href="akr-20230930.xsd#akr_NMichiganAvenueMember" xlink:label="akr_NMichiganAvenueMember"/>
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    <link:loc xlink:type="locator" xlink:href="akr-20230930.xsd#akr_EquityMethodInvestmentDeferredFees" xlink:label="akr_EquityMethodInvestmentDeferredFees"/>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Third Quarter Two Thousand Twenty Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Third quarter two thousand twenty three Member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2019Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance shares 2019.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2019Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Shares2019 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2019Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Shares 2019</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Volatility rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unsecured line of credit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Line Of Credit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unsecured Line of Credit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FairValueNonrecurringBasisTriggeringEvent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value nonrecurring basis triggering event.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FairValueNonrecurringBasisTriggeringEvent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Nonrecurring Basis Triggering Event</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FairValueNonrecurringBasisTriggeringEvent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Triggering Event</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost method investment, ownership percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost Method Investment Ownership Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost method investment, ownership percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund II.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund I I [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund II</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fund II's City Point Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SohoNewYorkMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Soho, New York.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SohoNewYorkMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Soho, New York [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SohoNewYorkMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soho, New York</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on disposition of properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Gain on Sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Sale of Properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on disposition of properties and other investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestPaymentExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest payment excludes settlements on interest rate swap contracts.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestPaymentExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payment Excludes Settlements on Interest Rate Swap Contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestPaymentExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest payment excludes settlements on interest rate swap contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementGeographicalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net unrealized holding (gains) losses on investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Unrealized Gain (Loss) on Investments, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net unrealized holding losses (gains) on investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Award vesting period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortizable Intangible Liabilities, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investments carried at fair value or cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (loss) income attributable to unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Segment Reporting Information By Segment [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Prepaid Expense and Other Assets, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid expenses and other assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses and other assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance, Redeemable NCI</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance, Redeemable NCI</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Noncontrolling Interest, Equity, Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable noncontrolling interests (Note 10)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted average shares for basic (loss) income per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Issued, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average shares for basic earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2024, Increase to Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share based compensation arrangement by share based payment award performance period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Arrangement By Share Based Payment Award Performance Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivable Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Real Estate Properties [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Consolidated Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDiscountedCashFlowMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discounted Cash Flow Analysis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDiscountedCashFlowMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Technique, Discounted Cash Flow [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total before interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">A 840 N Michigan Avenue.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A 840 N Michigan Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">840 N. Michigan Avenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInNoncontrollingInterestsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in noncontrolling interests.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInNoncontrollingInterestsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Noncontrolling Interests Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInNoncontrollingInterestsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Change in Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermConstructionLoanCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Construction loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermConstructionLoanCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Construction Loan, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermConstructionLoanCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveEarnedPerformanceBasedSharesVestAtEndOfPerformancePeriodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance fails to Achieve, earned performance-based shares vest at end of performance period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveEarnedPerformanceBasedSharesVestAtEndOfPerformancePeriodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Fails To Achieve Earned Performance Based Shares Vest At End Of Performance Period [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveEarnedPerformanceBasedSharesVestAtEndOfPerformancePeriodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Fails To Achieve, Earned Performance-Based Shares Vest At End Of Performance Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest1_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition of noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition Of Noncontrolling Interest 1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest1_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquisition of noncontrolling interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total unrecognized compensation cost related to nonvested awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above-market ground lease, gross.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Ground Lease Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseGross_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Above-market Ground Lease, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum employee annual salary contribution amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments and Joint Ventures [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023 (Remainder)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Remainder of Fiscal Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt, Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Derivative Financial Instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesHeldAsCollateralAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Securities held at fair value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuritiesHeldAsCollateralAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Held as Collateral, at Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027, Net Increase In Lease Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Five</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RecourseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recourse</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RecourseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recourse [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Business Acquisitions By Acquisition [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RenaissancePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Renaissance portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RenaissancePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Renaissance Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RenaissancePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Renaissance Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Purchase Price Allocations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscription Line 1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscription line two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscription Line Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A1238WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">1238 Wisconsin Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A1238WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A1238 Wisconsin Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A1238WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">1238 Wisconsin Avenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of Individual [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualWithRelationshipToEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentNonconsolidatedInvesteeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Nonconsolidated Investee [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueHedgeAssetsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hedge Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueHedgeAssetsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives designated as fair value hedges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date of Record</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash dividends, record date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income Net Of Tax Attributable To Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Comprehensive Income Net Of Tax Attributable To Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive loss (income) attributable to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Comprehensive loss (income) attributable to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Name of Property [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name of Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConversionOfCommonOPUnitsToCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Conversion of common OP units to common shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConversionOfCommonOPUnitsToCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion Of Common O P Units To Common Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConversionOfCommonOPUnitsToCommonShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of common OP units to common shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Receivable [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund V.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund V [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund V</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfCapitalFromUnconsolidatedAffiliatesAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The cash inflow from unconsolidated affiliates by return of capital and other.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfCapitalFromUnconsolidatedAffiliatesAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Return Of Capital From Unconsolidated Affiliates And Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfCapitalFromUnconsolidatedAffiliatesAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Return of capital from unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares repurchased during period (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repurchase of Common Shares (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Stock by Class [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Stock By Class [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInEquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in ownership interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInEquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease in Equity Method Investment Ownership Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInEquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase decrease in equity method investment wwnership percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosureItemAmountsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fourth Quarter Two Thousand twenty one.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fourth Quarter Two Thousand twenty one [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fourth Quarter Two Thousand Twenty One Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">840 N. Michigan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A840 N Michigan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A840NMichiganMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">840 N. Michigan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred OP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Preferred O P Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of preferred OP units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net (income) loss attributable to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Net income attributable to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Loss (Income) Attributable to Noncontrolling Interest,Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss (income) attributable to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryResidentialUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">210 Bowery Residential Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryResidentialUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two One Zero Bowery Residential Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryResidentialUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">210 Bowery Residential Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfPromoteAwardedAsShareBasedCompensationAward_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of promote awarded as share-based compensation award.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfPromoteAwardedAsShareBasedCompensationAward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Promote Awarded As Share Based Compensation Award</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfPromoteAwardedAsShareBasedCompensationAward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of promote awarded as share based compensation award</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Groups, Including Discontinued Operations [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AlbertsonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Albertsons</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AlbertsonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Albertsons [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AlbertsonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Albertsons.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNumberOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MortgageLoansOnRealEstateNumberOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of mortgage loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Balance Sheet Location [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Balance Sheet Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VestingDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vesting [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VestingDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities, redeemable noncontrolling interests, and equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaRealtyTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acadia Realty Trust.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaRealtyTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acadia Realty Trust [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaRealtyTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acadia Realty Trust</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Issuance of Common Shares, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase new program included an optional forward purchase component</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeMaturityMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative maturity month year.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeMaturityMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Maturity Month Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeMaturityMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Maturity Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">210 Bowery, Manhattan, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two One Zero Bowery Manhattan N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoOneZeroBoweryManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two One Zero Bowery Manhattan N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinancingReceivableAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Financing receivable amortized cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinancingReceivableAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable Amortized Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinancingReceivableAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Second Quarter Two Thousand Twenty One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Second quarter two thousand twenty one.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Second Quarter Two Thousand Twenty One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average grant date fair value, grants (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Comprehensive income (loss) attributable to Acadia shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Comprehensive (loss) income attributable to Acadia</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive (loss) income attributable to Acadia shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Comprehensive income attributable to Acadia shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryDoesNotHoldMajorityVotingInterestDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Primary Beneficiary, Does Not Hold Majority Voting Interest, Disclosures [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred OP units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred O P Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred OP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Finite-Lived Intangible Liabilities, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible liabilities, net.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Liabilities Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease intangibles, net (Note 6)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Finite-Lived Intangible Liabilities, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fourth Quarter Two Thousand Twenty Two Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fourth Quarter Two Thousand Twenty Two [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fourth quarter two thousand twenty two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentOfFinancingAndStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payment of Financing and Stock Issuance Costs, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentOfFinancingAndStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment of Financing and Stock Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentOfFinancingAndStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Deferred financing and other costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Common Stock, Shares, Issued, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, issued (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contractual due 2023</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total fair value of shares that vested</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividends</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate credit facility.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Credit Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Credit Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Secured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Principal payments on mortgage and other notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Receivable, after Allowance for Credit Loss, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, after Allowance for Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rents receivable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Rents receivable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance lease interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ActivityForReservesRelatedToBilledRentsAndStraightLineRentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Activity for reserves related to billed rents and straight-line rents.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ActivityForReservesRelatedToBilledRentsAndStraightLineRentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Activity For Reserves Related To Billed Rents And Straight Line Rents Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ActivityForReservesRelatedToBilledRentsAndStraightLineRentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Activity for Reserves Related to Billed Rents and Straight-line Rents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVFamilyCenterAtRiverdaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund V family center at riverdale.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVFamilyCenterAtRiverdaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund V Family Center At Riverdale [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVFamilyCenterAtRiverdaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund V Family Center at Riverdale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipShareOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited liability company (LLC) or Limited partnership (LP), Managing member or General partner, Ownership share of capital.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipShareOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Liability Company L L C Or Limited Partnership L P Managing Member Or General Partner Ownership Share Of Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipShareOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Partnership Share of Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining borrowing capacity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NextThreeAnniversariesOfTheIssuanceDateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Next three anniversaries of the issuance date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NextThreeAnniversariesOfTheIssuanceDateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Next Three Anniversaries of The Issuance Date [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NextThreeAnniversariesOfTheIssuanceDateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Next Three Anniversaries of The Issuance Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lease intangibles policy.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Intangibles Policy Policy [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LeaseIntangiblesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Intangibles</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Capital Shares Reserved for Future Issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum number of common shares allow for issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AOCI Attributable to Parent [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">AOCI Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Other Comprehensive Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net current period other comprehensive income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other comprehensive income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccumulatedDepreciationAndAmortizationHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accumulated depreciation and amortization held for sale not part of disposal group.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccumulatedDepreciationAndAmortizationHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Depreciation and Amortization Held for Sale Not Part of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccumulatedDepreciationAndAmortizationHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: Accumulated depreciation and amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccumulatedDepreciationAndAmortizationHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Depreciation and Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RyeCorporateOfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rye corporate office lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RyeCorporateOfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rye Corporate Office Lease [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RyeCorporateOfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rye Corporate Office Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareNumeratorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnings per share, numerator.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareNumeratorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share Numerator [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareNumeratorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsToNoncontrollingInterestsOfMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions to noncontrolling interests of marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsToNoncontrollingInterestsOfMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions to noncontrolling interests of marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsToNoncontrollingInterestsOfMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions to noncontrolling interests of marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unsecured notes payable and Unsecured line of credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Unsecured Debt, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unsecured notes payable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Equity Method Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GeorgetownPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Georgetown portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GeorgetownPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Georgetown Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GeorgetownPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Georgetown Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_Accelerationofbelowmaarketlease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acceleration of below maarket lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_Accelerationofbelowmaarketlease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AccelerationofBelowMaarketLease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_Accelerationofbelowmaarketlease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acceleration of below maarket lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_Accelerationofbelowmaarketlease_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acceleration of below market lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Land_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Land_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025, Net Increase In Lease Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contractual due 2023</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023 (Remainder)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Remainder of Fiscal Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Weighted Average Discount Rate, Percent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average discount rate - operating leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point Loan common stock conversion option</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extended lease term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Renewal Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShoppesAtSouthHillsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Shoppes at South Hills.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShoppesAtSouthHillsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shoppes at South Hills [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShoppesAtSouthHillsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shoppes at South Hills</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroadwayMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">640 Broadway Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroadwayMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">640 Broadway [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroadwayMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">640 Broadway</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification out of Accumulated Other Comprehensive Income [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification Out Of Accumulated Other Comprehensive Income [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Ordinary Dividends, Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends paid to Common Shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Net loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Comprehensive loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTaxAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTaxAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of comprehensive income including Noncontrolling interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income Including Portion Attributable To Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ComprehensiveIncomeIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeEffectiveMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative effective month year.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeEffectiveMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Effective Month Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DerivativeEffectiveMonthYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Effective Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeasePrincipalPayments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of finance lease obligations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeasePrincipalPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Principal Payments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DallasTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dallas, TX</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DallasTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dallas Tx [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DallasTxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dallas Tx.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-in Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsReceivedOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net settlements received on interest rate swap contracts, excluded from interest paid.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsReceivedOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Settlements Received on Interest Rate Swap Contracts, Excluded from Interest Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsReceivedOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net settlements received on interest rate swap contracts, excluded from interest paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnitsConverted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of Preferred OP Units converted.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnitsConverted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Preferred O P Units Converted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPreferredOPUnitsConverted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of preferred OP Units converted (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred, Liabilities Incurred</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CortlandtCrossingMoheganLakeNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cortlandt Crossing Mohegan Lake, NY.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CortlandtCrossingMoheganLakeNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cortlandt Crossing Mohegan Lake N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CortlandtCrossingMoheganLakeNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cortlandt Crossing, Mohegan Lake, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOperatingLeasedAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Operating Leased Assets [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOperatingLeasedAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Operating Leased Assets [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023, Reduction of Rent Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Reduction Of Rent Expense Next Twelve Months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationAdjustmentOutOfAccumulatedOtherComprehensiveIncomeLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, stated value per unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Servicing asset measurement input</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Servicing Asset, Measurement Input</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIvDevelopmentPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund IV development property member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIvDevelopmentPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund IV Development Property [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIvDevelopmentPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund IV development property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BridgeLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bridge Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BridgeLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bridge Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New York, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New York, NY [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewYorkNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">New York, NY [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease Intangibles</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Intangible Assets Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2021Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance shares 2021 member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2021Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Shares 2021 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2021Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Shares2021 Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument, maturity month and year.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Month And Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtInstrumentMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum percentage of promote to be awarded as share-based compensation awards. Promote is defined as the amount above a certain performance measurement threshold.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Percentage Of Promote To Be Awarded As Share Based Compensation Awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MaximumPercentageOfPromoteToBeAwardedAsShareBasedCompensationAwards_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Max percentage of future fund III promote that may be awarded to senior executives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonCollateralDependentLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-collateral dependent loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonCollateralDependentLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Collateral Dependent Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonCollateralDependentLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Collateral Dependent Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage and Other Notes Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Indebtedness</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Contract [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Contract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series A Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesAPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Variable Interest Entities [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Assets and Liabilities Included in Consolidated Balance Sheets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfInterestSoldByTheVenturePartner_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of interest sold by the venture partner</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfInterestSoldByTheVenturePartner_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Interest Sold by The Venture Partner</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PercentageOfInterestSoldByTheVenturePartner_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of interest sold by the venture partner.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Secured Debt, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage and other notes payable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mortgage and other notes payable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to allowance for credit loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, Credit Loss Expense (Reversal)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FrederickCountyAcquisitionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Frederick county acquisitions.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FrederickCountyAcquisitionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Frederick County Acquisitions [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FrederickCountyAcquisitionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Frederick County Acquisitions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date Declared</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash dividends, declared date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Comprehensive Income [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Scenario</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Point Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">City point loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtExtensionTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long-term Debt, Extension Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtExtensionTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-term Debt, Extension Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtExtensionTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated debt, Extension Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026, Reduction of Rent Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible assets, amortization expense, reduction of rent expense, year four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Reduction Of Rent Expense Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanPrincipalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan principal amount.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanPrincipalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan Principal Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanPrincipalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Note receivable principal amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee and trustee stock compensation, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Employee Long-term Incentive Plan Unit Awards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermInvestmentAlignmentProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term investment alignment program.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermInvestmentAlignmentProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Investment Alignment Program [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermInvestmentAlignmentProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long Term Investment Alignment Program</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mohawk Commons Venture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mohawk Commons Venture [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsVentureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mohawk Commons venture.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseCostSubtotal_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance lease cost Subtotal.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseCostSubtotal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease Cost Subtotal</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseCostSubtotal_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Subtotal</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance shares 2022</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Shares 2022 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance shares 2022.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest, Increase from Sale of Parent Equity Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Noncontrolling interest contributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes Receivable, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KlaMervynsLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">KLA Mervyns LLC.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KlaMervynsLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Kla Mervyns Llc [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KlaMervynsLlcMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Kla Mervyns Llc</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDispositionOfAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDispositionOfAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on disposition of properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDispositionOfAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gain on disposition of properties and other investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026, Net Increase In Lease Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveLossUnrealizedLossOnValuationOfSwapAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other comprehensive gain (loss) unrealized gain (loss) on valuation of swap agreements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveLossUnrealizedLossOnValuationOfSwapAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss) Unrealized Gain (Loss) on Valuation of Swap Agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveLossUnrealizedLossOnValuationOfSwapAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrealized gain on valuation of swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveLossUnrealizedLossOnValuationOfSwapAgreements_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Unrealized gain on valuation of swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveLossUnrealizedLossOnValuationOfSwapAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized gain on valuation of swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Units Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred OP Units (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">(Loss) income from continuing operations before income taxes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInReserveOnNoteReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Decrease in reserve on note receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInReserveOnNoteReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Decrease in Reserve on Note Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInReserveOnNoteReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in reserve on note receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetInvestmentHedgeDerivativeAssetsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instruments in Hedges, Net Investment in Foreign Operations, Assets, Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetInvestmentHedgeDerivativeAssetsAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative designated to hedges of net investments in foreign operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mohawk Commons</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mohawk Commons [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MohawkCommonsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mohawk commons Member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in assets and liabilities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentOwnershipPercentageByThirdParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Equity method investment ownership percentage by third party.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentOwnershipPercentageByThirdParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment Ownership Percentage By Third Party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentOwnershipPercentageByThirdParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity method investment, ownership percentage by third party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund IV.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund I V [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund IV</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fund IV Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Values Derivatives Balance Sheet Location By Derivative Contract Type By Hedging Designation [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Broughton street portfolio Two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Broughton Street Portfolio Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">BSP II</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series C Preferred OP Units, Common share equivalent.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series C Preferred O P Units Common Share Equivalent [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series C Preferred OP Units - Common Share Equivalent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ExistingInterestInPreviouslyUnconsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Existing interest in previously unconsolidated investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ExistingInterestInPreviouslyUnconsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Existing Interest In Previously Unconsolidated Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ExistingInterestInPreviouslyUnconsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Existing interest in previously unconsolidated investment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIiAndMervynsIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund II and Mervyns II.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIiAndMervynsIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund Ii And Mervyns Ii [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIiAndMervynsIiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund II and Mervyns II</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInOperatingLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase decrease in operating lease liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInOperatingLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Operating Lease Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseInOperatingLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - operating leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeasesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Leases [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareDistributedToInvestor_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share distributed to investor</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareDistributedToInvestor_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Distributed To Investor</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareDistributedToInvestor_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share distributed to investor.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Weighted Average Remaining Lease Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average remaining lease term - finance leases (years)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Seventy Five Million Term Loan Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Seventy Five Million Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">$75 million Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Plan Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccountsPayableAndAccruedExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accounts payable and accrued expenses.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccountsPayableAndAccruedExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable And Accrued Expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccountsPayableAndAccruedExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentNonconsolidatedInvesteeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Nonconsolidated Investee [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CapitalCallReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital call receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CapitalCallReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capital Call Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CapitalCallReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capital Call Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WilliamsburgCollectionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Williamsburg Collection [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WilliamsburgCollectionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Williamsburg Collection [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WilliamsburgCollectionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Williamsburg Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WilliamsburgCollectionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Williamsburg Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Instrument [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Instrument</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConversionOfStockDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion of Stock, Description</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConversionOfStockDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Description of conversion of common OP units to common shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unconsolidated VIEs assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unconsolidated VIE assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment in capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Contributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital Called</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Bargain purchase gain</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gain on bargain purchase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Bargain Purchase, Gain Recognized, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SharePriceAtConversionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share price at conversion date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SharePriceAtConversionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Price At Conversion Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SharePriceAtConversionDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share price at conversion date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsAndRestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">LTIP units and restricted stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsAndRestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ltip Units And Restricted Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsAndRestrictedStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LTIP Units and Restricted Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BeverlyBoulevardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">8833 Beverly Boulevard</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BeverlyBoulevardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">8833 Beverly Boulevard - West Hollywood, CA [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BeverlyBoulevardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">8833 Beverly Boulevard -West Hollywood, CA [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DenominatorForSeriesPreferredOPUnitConversionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Denominator for Series A Preferred OP Unit conversion per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DenominatorForSeriesPreferredOPUnitConversionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Denominator For Series Preferred O P Unit Conversion Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DenominatorForSeriesPreferredOPUnitConversionPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator for Series A Preferred OP Unit conversion</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecurityDepositLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Deposit Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecurityDepositLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant security deposits, escrow and other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Right-of-use-asset - operating lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Right-of-Use Asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right-of-use assets - operating leases, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Control Of Previously Unconsolidated Consolidated Investments Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in control of previously unconsolidated consolidated investments real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">City Point Brooklyn, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Point [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">City Point [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">LTIP units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ltip Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LTIP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Issuance Costs, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net unamortized debt issuance costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party, Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Retained Earnings (Accumulated Deficit), Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Retained Earnings (Accumulated Deficit), Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Retained Earnings (Accumulated Deficit), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings (Accumulated Deficit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions in excess of accumulated earnings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unfunded Commitment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationTotalConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total consideration including gain on bargain purchase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationTotalConsideration_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Total consideration including gain on bargain purchase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationTotalConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Total Consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationTotalConsideration_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of consideration before adjustment for gain (loss) on bargain purchase.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series C Preferred OP Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series C Preferred O P Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesCPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series C Preferred OP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValueOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock shares held</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValueOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PrincipalPaymentOnMortgageLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PrincipalPaymentOnMortgageLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Payment on Mortgage Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PrincipalPaymentOnMortgageLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal payment on mortgage loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromStockPlans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Stock Plans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromStockPlans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross proceeds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Financing Receivable, Allowance for Credit Loss, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Financing Receivable, Allowance for Credit Loss, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit loss reserve</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Allowance for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Allowance for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions in Excess of Accumulated Earnings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares unvested, End of period (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares unvested, Beginning of period (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LandHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Land held for sale not part of disposal group.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LandHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land Held for Sale Not Part of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LandHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionAndDispositionOfPropertiesAndDiscontinuedOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquisition and disposition of properties and discontinued operations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionAndDispositionOfPropertiesAndDiscontinuedOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition And Disposition Of Properties And Discontinued Operations [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EmployeeStockOwnershipPlanAllowableSharePurchaseAmountPerAnnumMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Employee stock ownership plan allowable share purchase amount per annum maximum.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EmployeeStockOwnershipPlanAllowableSharePurchaseAmountPerAnnumMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Employee Stock Ownership Plan Allowable Share Purchase Amount Per Annum Maximum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EmployeeStockOwnershipPlanAllowableSharePurchaseAmountPerAnnumMaximum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee share purchase maximum purchase amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Employee Stock Purchase Plans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee share purchase (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Minimum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccruedInterestOnNoteReceivableRecordedToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued interest on note receivable recorded to noncontrolling interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccruedInterestOnNoteReceivableRecordedToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Interest On Note Receivable Recorded To Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AccruedInterestOnNoteReceivableRecordedToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued interest on note receivable recorded to noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative, Fair Value, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative, Fair Value, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value, derivatives, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TenantImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Former Tenant owed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Related party revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Parent [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Common Shareholders' Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeasesCostAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance lease cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeasesCostAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Leases Cost [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeasesCostAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance lease cost:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - operating leases, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan To Investors</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan to investors.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan To Investors</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">City Point Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BelowMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Leases acquired as part of a real property acquisition at below market lease rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BelowMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Leases [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BelowMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below Market Rents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioForecastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Forecast [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScenarioForecastMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forecast</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Fair Value Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - finance leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Component</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segments [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnusualOrInfrequentItemAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unusual or Infrequent Item, or Both [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnusualOrInfrequentItemAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unusual or Infrequent Item, or Both</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromInterestReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Interest Received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromInterestReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Note receivable accrued interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromInterestReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">City Point Loan accrued interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromInterestReceived_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">City Point Loan accrued interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseLiabilityPaymentsDueAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finance lease liability payments due after year four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseLiabilityPaymentsDueAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease Liability Payments Due After Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FinanceLeaseLiabilityPaymentsDueAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwentyOneSpringStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">121 Spring Street</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwentyOneSpringStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Twenty One Spring Street [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwentyOneSpringStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">121 Spring Street</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income (loss) to net cash provided by operating activities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Frequency</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisitions of real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments to Acquire Real Estate, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for acquisition of real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Real Estate Properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of retail properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Number of retail properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToDevelopRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Develop Real Estate Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToDevelopRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for development and property improvement costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToDevelopRealEstateAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Development, construction and property improvement costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type of Partners' Capital Account, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partner Type of Partners' Capital Account, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SamePropertyNetOperatingIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Same-property net operating income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SamePropertyNetOperatingIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Same-property Net Operating Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SamePropertyNetOperatingIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Same-property net operating income.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis spread on variable rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Lease, Liability, Statement of Financial Position [Extensible List]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Current Reporting Status</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WashingtonREITPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Washington REIT portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WashingtonREITPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Washington R E I T Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WashingtonREITPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund V</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common Shares authorized for issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, authorized (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeVariableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative, Variable Interest Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeVariableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Strike Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, by Balance Sheet Grouping [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value By Balance Sheet Grouping [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnusualOrInfrequentItemDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unusual or Infrequent Item, or Both [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnusualOrInfrequentItemDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unusual or Infrequent Item, or Both</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, after Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Right-of-use assets - finance leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDebtExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDebtExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest and Debt Expense, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDebtExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Debt Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization, Basis of Presentation and Summary of Significant Accounting Policies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfForwardSwapsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Forward Swaps Terminated</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfForwardSwapsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of forward swaps terminated</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfForwardSwapsTerminated_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of forward swaps terminated.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program, Authorized Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Authorized amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MervynsTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mervyns II member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MervynsTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mervyns Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MervynsTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mervyns II</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ASSETS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">VIE ASSETS [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net proceeds from sale of common stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from the sale of Common Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Conversion of Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of OP Units to Common Shares by limited partners of the Operating Partnership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortization of Intangible Assets, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of intangible of assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acceleration of below maarket lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accelerated amortization related to below maarket lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfSignificantAssumptionsUsedInCalculatingFairValueAssetAcquisitionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Significant Assumptions Used in Calculating Fair Value of the Asset Acquisitions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfSignificantAssumptionsUsedInCalculatingFairValueAssetAcquisitionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Significant Assumptions Used in Calculating Fair Value Asset Acquisitions [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfSignificantAssumptionsUsedInCalculatingFairValueAssetAcquisitionsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of significant assumptions used in calculating fair value asset acquisitions.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TrusteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trustee.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TrusteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trustee [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TrusteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trustee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, $0.001 par value per share, authorized 200,000,000 shares, issued and outstanding 95,310,104 a and 95,120,773 shares, respectively</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Common Stock, Value, Issued, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Common Stock, Value, Issued, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Common Stock, Value, Issued, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025, Reduction of Rent Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible assets, amortization expense, reduction of rent expense, year three.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Reduction Of Rent Expense Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetIncomeOrLossAttributableToRedeemableNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetIncomeOrLossAttributableToRedeemableNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income or Loss Attributable to Redeemable Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetIncomeOrLossAttributableToRedeemableNoncontrollingInterests_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of net income or loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_HendersonAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Henderson Avenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_HendersonAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Henderson Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_HendersonAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Henderson Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Noncash Income (Expense), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Noncash Income (Expense)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loans payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Loans Payable, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate - swapped.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Swapped [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate - Swapped</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonRefundableDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-refundable deposit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonRefundableDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-Refundable Deposit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NonRefundableDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-refundable deposit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Level 3 measurement inputs projection items.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Level Three Measurement Inputs Projection Items [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3 Inputs Projections</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredNotesPayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unsecured notes payable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredNotesPayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Notes Payable [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredNotesPayableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unsecured Notes Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current Fiscal Year End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Share-based Payment Arrangement, Noncash Expense, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Noncash Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock compensation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unit based compensation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwoThreeEightWisconsinMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Two Three Eight Wisconsin.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwoThreeEightWisconsinMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Two Three Eight Wisconsin [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneTwoThreeEightWisconsinMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">1238 Wisconsin</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfNonControllingInterestInExcessOfAmountPaidToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reclassification of non-controlling interest in excess of amount paid to additional paid-in capital.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfNonControllingInterestInExcessOfAmountPaidToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification of Non-Controlling Interest in Excess of Amount Paid to Additional Paid-In Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfNonControllingInterestInExcessOfAmountPaidToAdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification of noncontrolling interest in excess of amount paid to additional paid-in capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A850ThirdAvenueBrooklynNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">A850 Third Avenue Brooklyn, NY [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A850ThirdAvenueBrooklynNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A850 Third Avenue Brooklyn N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A850ThirdAvenueBrooklynNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">850 Third Avenue Brooklyn, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Notes receivable maturity month and year.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Receivable Maturity Month And Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableMaturityMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Transaction costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Income tax benefit (provision)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Income tax (provision) benefit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Tax Expense (Benefit), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Expense (Benefit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred financing costs related to line of credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAmountPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Per unit conversion amount, Preferred OP Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAmountPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Per Unit Conversion Amount Preferred O P Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAmountPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Per unit conversion amount, Series A Preferred OP Units (in dollars per unit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Partners' Capital Account, Distributions, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Distributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Distributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reclassification of realized interest on swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk, Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration risk, percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AociAttributableToRedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Aoci attributable to redeemable noncontrolling interest member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AociAttributableToRedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aoci Attributable To Redeemable Noncontrolling Interest [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AociAttributableToRedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">AOCI Attributable to Redeemable Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfInvestmentInAffiliateToMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification of investment in unconsolidated affiliate to marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfInvestmentInAffiliateToMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification of investment in affiliate to marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReclassificationOfInvestmentInAffiliateToMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reclassification of investment in affiliate to marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term debt maturities repayments of principal after year four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Debt Maturities Repayments Of Principal After Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate, Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Notes receivable interest rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Receivable Interest Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NotesReceivableInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minority Interest [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Award vesting percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivableAfterAllowanceForCreditLossNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due from seller</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivableAfterAllowanceForCreditLossNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivable, after Allowance for Credit Loss, Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivableAfterAllowanceForCreditLossNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Receivable, after Allowance for Credit Loss, Noncurrent, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentAmountsPayableReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amounts (payable) receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentAmountsPayableReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment Amounts Payable Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EquityMethodInvestmentAmountsPayableReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amounts receivable/payable by the Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPropertiesCollateralized_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of properties collateralized.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPropertiesCollateralized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Properties Collateralized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfPropertiesCollateralized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of properties collateralized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Finite-Lived Intangible Assets, Net, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Finite-Lived Intangible Assets, Net, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease intangibles, net (Note 6)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortizable Intangible Assets, Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Amortizable Intangible Assets, Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Segment Reporting Information, by Segment [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Segment Information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate201602Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update 2016-02 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate201602Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Standards Update 2016-02</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Approach and Technique [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixtyOrangeStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sixty Orange Street [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixtyOrangeStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sixty Orange Street [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixtyOrangeStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sixty Orange Street</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixtyOrangeStreetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Colonie Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RecourseStatusDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recourse Status [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income :</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountDistributionsRecalledAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution recalled during period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountDistributionsRecalledAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Distributions Recalled Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountDistributionsRecalledAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The total amount of distributions recalled during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Awards in connection with fund to have intrinsic value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation, units outstanding.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Units Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LTIP units outstanding (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization consolidation and presentation of financial statements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization Consolidation And Presentation Of Financial Statements [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization Consolidation And Presentation Of Financial Statements [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings Per Common Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cumulative Effect, Period of Adoption, Adjustment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cumulative Effect of Change in Accounting Principle</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsReceivablePrepaidsAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts receivable, prepaids and other assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsReceivablePrepaidsAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Receivable Prepaids And Other Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsReceivablePrepaidsAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed accounts receivable, prepaids and other assets.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ParentCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Parent Company [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ParentCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acadia</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Basis [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred costs accumulated amortization.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accumulated amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses, Related Party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpensesRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expenses, related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Payments, Operating Leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Below Market Lease, Net, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Below Market Lease, Net, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Increase In Lease Revenues, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Amortizable Intangible Liabilities, Net Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acadia realty limited partnership (the operating partnership), as general partner or managing member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Partnership As General Partner Or Managing Member [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipAsGeneralPartnerOrManagingMemberMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Partnership, as General Partner or Managing Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Comprehensive loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive loss attributable to redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital contributions from noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating lease interest expense.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease Interest Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term Debt, Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CantonMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Canton marketplace member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CantonMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Canton Marketplace [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CantonMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Canton Marketplace</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Depletion and Amortization, Nonproduction, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Depletion and Amortization, Nonproduction</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation and amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Depreciation and amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Lease Income, Lease Payments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayableToBank_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Loans Payable to Bank, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayableToBank_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Payable to Bank</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansPayableToBank_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage notes payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase Price Allocation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscription Line 2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscription line three.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscription Line Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders' Equity, Noncontrolling Interests and Other Comprehensive Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BridgeLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bridge Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BridgeLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bridge Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid during the period for interest, net of capitalized interest of $5,660 and $2,331 respectively</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other assets and other liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets And Other Liabilities Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherAssetsAndOtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets, Net and Accounts Payable and Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarlyTenantLeaseTerminationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Early tenant lease terminations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarlyTenantLeaseTerminationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Early Tenant Lease Terminations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarlyTenantLeaseTerminationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Early Tenant Lease Terminations Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2026, Increase to Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2023, Increase to Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeniorUnsecuredCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Senior unsecured credit facility.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeniorUnsecuredCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Unsecured Credit Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeniorUnsecuredCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Senior Unsecured Credit Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Core note.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Note [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core Note</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LIABILITIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">VIE LIABILITIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost method investment ownership shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost Method Investment Ownership Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentOwnershipShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost method investments effective ownership, shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfDevelopmentInProcessActivitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of development in process activities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfDevelopmentInProcessActivitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Development In Process Activities Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfDevelopmentInProcessActivitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Development In Process Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FixedRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fixed rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FixedRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fixed Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FixedRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acadia Shareholders' Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate gain on sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Disposition of Real Estate, Discontinued Operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmendedAndRestated2020PlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amended and Restated 2020 Plan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmendedAndRestated2020PlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amended and Restated 2020 Plan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmendedAndRestated2020PlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amended and Restated 2020 Plan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease, Cost [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCostTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Lease Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Debt [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Secured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum borrowing capacity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Maximum borrowing capacity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeaseTermOfContract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Term of Contract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeaseTermOfContract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating lease term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertyOperatingExpensesAndRealEstateTaxes_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Property operating expenses and real estate taxes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertyOperatingExpensesAndRealEstateTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Property operating expenses and real estate taxes.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertyOperatingExpensesAndRealEstateTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property Operating Expenses And Real Estate Taxes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MarketableComapnysShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Marketable comapny's share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MarketableComapnysShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Comapny's Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MarketableComapnysShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Marketable Comapnys Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Contractual Term [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Equity Method Investment, Difference Between Carrying Amount and Underlying Equity, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Difference Between Carrying Amount and Underlying Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis differential</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SelfStorageManagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Self Storage Management [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SelfStorageManagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Self Storage Management</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SelfStorageManagementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Self storage management.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund III.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund I I I [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund III</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate unsecured term loans - swapped.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Unsecured Term Loans Swapped [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Unsecured Term Loans - Swapped</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends/distributions declared</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends, Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Dividends, Common Stock, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segments [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationBargainPurchaseGainRecognizedStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Bargain Purchase, Gain, Statement of Income or Comprehensive Income [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2027, Increase to Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Five</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesAndFairValueTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives and Fair Value [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesAndFairValueTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Instruments and Fair Value Measurements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CrossroadsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Crossroads.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CrossroadsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Crossroads [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CrossroadsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Crossroads</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other comprehensive income (loss) before reclassifications - swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), before Reclassifications, Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Conversion of Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A650BaldHillRoadMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">650 Bald Hill Road.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A650BaldHillRoadMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">A650 Bald Hill Road [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_A650BaldHillRoadMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">650 Bald Hill Road</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementScenarioAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Scenario [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_StatementScenarioAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Scenario</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AssetAcquisitionExitCapitalizationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exit Capitalization Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AssetAcquisitionExitCapitalizationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition Exit Capitalization Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AssetAcquisitionExitCapitalizationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Asset acquisition exit capitalization rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net assets acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Estimated market rates of financial instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Interest Rate, Effective Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedPremium_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Instrument, Unamortized Premium, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedPremium_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Unamortized Premium</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedPremium_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized fair market value of assumed debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnamortizedPremium_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unamortized premium</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Noncontrolling interest distributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revolving Credit Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revolving Credit Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnconsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unconsolidated affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnconsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unconsolidated Affiliates [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnconsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unconsolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividends and distributions payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtRefinancedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Refinanced amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtRefinancedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt, Refinanced, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtRefinancedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term Debt, Refinanced, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Basic (loss) earnings per Common Share from continuing operations attributable to Acadia</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic (loss) income per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Basic, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer Concentration Risk [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Customer Concentration Risk</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and contingencies (Note 9)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant improvements held for sale not part of disposal group.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Improvements Held for Sale Not Part of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Taxes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income taxes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of notes receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Number of notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combinations [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Combined and Condensed Statements of Operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersIn_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development in process, transfers in.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersIn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development In Process Transfers In</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersIn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transfers In</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance fails to achieve.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Fails To Achieve [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceFailsToAchieveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Fails To Achieve</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible liabilities, gross.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Liabilities Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesGross_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Finite-Lived Intangible Liabilities, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party, Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Accounts Payable and Accrued Liabilities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DiscountRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discount rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DiscountRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Discount rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating lease cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loss Contingencies [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinitelivedIntangibleAssetsAcquired1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets Acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinitelivedIntangibleAssetsAcquired1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss) income attributable to Acadia shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsUnclassifiedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets, Unclassified [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsUnclassifiedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets, Net:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConstructionCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction Commitment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConstructionCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction Commitment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConstructionCommitment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Construction commitment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BankruptcyClaimsAmountOfClaimsSettled_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bankruptcy Claims, Amount of Claims Settled</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BankruptcyClaimsAmountOfClaimsSettled_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund II received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Variable Interest Entities [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfVariableInterestEntitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Variable Interest Entities [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First quarter two thousand twenty one.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Quarter Two Thousand Twenty One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Quarter Two Thousand Twenty One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVenturesNetOfCompanySShareOfDistributionInExcessOfIncomeAndInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVenturesNetOfCompanySShareOfDistributionInExcessOfIncomeAndInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in and advance to affiliates, subsidiaries, associates and joint venture, net of company's share of distribution in excess of income and investments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVenturesNetOfCompanySShareOfDistributionInExcessOfIncomeAndInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In And Advance To Affiliates Subsidiaries Associates And Joint Ventures Net Of Company S Share Of Distribution In Excess Of Income And Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InvestmentsInAndAdvanceToAffiliatesSubsidiariesAssociatesAndJointVenturesNetOfCompanySShareOfDistributionInExcessOfIncomeAndInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AcquisitionCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized acquisition costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AcquisitionCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition Costs, Period Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Accounts Receivable, Allowance for Credit Loss, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Accounts Receivable, Allowance for Credit Loss, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, Allowance for Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General allowance, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and Contingencies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts Notes And Loans Receivable [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Marketable securities, mark to market adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Securities, Gain (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtWithExtensionOptionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt with extension options.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtWithExtensionOptionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt With Extension Options [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DebtWithExtensionOptionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt With Extension Options</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Diluted (loss) earnings per Common Share from continuing operations attributable to Acadia</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted (loss) income per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Diluted, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TransferredAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transferred Out Of Development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TransferredAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Transferred Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TransferredAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Transferred Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitRetailPropertySectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NAREIT retail property sector</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitRetailPropertySectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">NAREIT Retail Property Sector [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitRetailPropertySectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">NAREIT retail property sector.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductsAndServicesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Product and Service [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductsAndServicesDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Product and Service</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedPartnershipToCommonStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited partnership to common stock conversion ratio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedPartnershipToCommonStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partnership To Common Stock Conversion Ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedPartnershipToCommonStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Limited partnership to common stock conversion ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueMaturedDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share value matured debt service coverage ratio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueMaturedDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Value Matured Debt Service Coverage Ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueMaturedDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share value matured debt service coverage ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskBenchmarkDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Core portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions to noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024, Reduction of Rent Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible assets, amortization expense, reduction of rent expense, year two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Reduction Of Rent Expense Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateNextThreeAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation, granted, for service, vesting rate next three anniversary of grant date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateNextThreeAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Granted For Service Vesting Rate Next Three Anniversary Of Grant Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateNextThreeAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Next three year anniversaty Vesting rate of shares granted to trustees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Derivative financial instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Liability, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative financial instruments (Note 8)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Fair value, liability derivatives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow Hedge Gain (Loss) to be Reclassified within 12 Months</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reclassification adjustment related to derivatives from AOCI to interest expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoThousandTwentyShareIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two Thousand Twenty Share Incentive Plan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoThousandTwentyShareIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Twenty Share Incentive Plan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoThousandTwentyShareIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Incentive Plan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNonControllingInterestsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable non controlling interests.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNonControllingInterestsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Non Controlling Interests [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNonControllingInterestsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Non Controlling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EightZeroOneMadisonAvenueNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Eight Zero One Madison Avenue, New York, NY.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EightZeroOneMadisonAvenueNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Eight Zero One Madison Avenue New York N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EightZeroOneMadisonAvenueNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">801 Madison Avenue, New York, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recurring</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrooklynNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brooklyn, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrooklynNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Brooklyn, NY [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrooklynNyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Brooklyn, NY [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Reportable Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of reportable segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Variable Lease Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable lease revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Lease liability - finance lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - finance lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Lease Liability Finance Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseLiabilityFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed lease liability finance lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AboveMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Leases [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AboveMarketLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above-market rent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Buildings and improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination, recognized identifiable assets acquired and liabilities assumed, buildings and improvements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bridge facility.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bridge Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bridge Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Held-for-Sale, Not Discontinued Operations [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disposal Group Held for sale Not Discontinued Operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Additional Paid in Capital, Common Stock, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Additional Paid in Capital, Common Stock, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital, Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">(Decrease) increase in cash and restricted cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Maturities of Long-Term Debt [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Scheduled Principal Repayments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WoodRidgePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Wood Ridge Plaza Member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WoodRidgePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Wood Ridge Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WoodRidgePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Wood Ridge Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leases, Acquired-in-Place [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">In-place lease intangible assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WeightedAverageSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average share price.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WeightedAverageSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Share Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WeightedAverageSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Share Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanDisclosureLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan Disclosure [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanDisclosureLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined Contribution Plan Disclosure [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarningsDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income from continuing operations net of income attributable to participating securities for diluted earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarningsDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Undistributed Earnings, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveIncomeLossReclassificationAdjustmentsFromAociOnDerivativesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other Comprehensive Income (Loss), Reclassification Adjustments from AOCI on Derivatives, Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveIncomeLossReclassificationAdjustmentsFromAociOnDerivativesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Comprehensive Income (Loss), Reclassification Adjustments from AOCI on Derivatives, Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveIncomeLossReclassificationAdjustmentsFromAociOnDerivativesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification of realized interest on swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OtherComprehensiveIncomeLossReclassificationAdjustmentsFromAociOnDerivativesNetOfTax_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reclassification of realized interest on swap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule realized and unrealized gain (loss) on marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Securities [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCapitalUnitsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Capital Units [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCapitalUnitsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Operating Partnership's Equity Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtTermExtendedThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long-term Debt, Term Extended Thereafter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtTermExtendedThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-term Debt, Term Extended Thereafter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermDebtTermExtendedThereafter_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated debt, Extension Term (Thereafter)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum annual contribution per employee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNi_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Securities, FV-NI, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesFvNi_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in non-traded equity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsPaidOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net settlements paid on interest rate swap contracts, excluded from interest paid.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsPaidOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Settlements Paid on Interest Rate Swap Contracts, Excluded from Interest Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NetSettlementsPaidOnInterestRateSwapContractsExcludedFromInterestPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net settlements paid on interest rate swap contracts, excluded from interest paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Activity in Accumulated Other Comprehensive Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stockholders' Equity Attributable to Noncontrolling Interest, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Assets, Major Class Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance Shares 2020.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Shares 2020 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceShares2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Shares2020 Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund Properties [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund properties.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansHeldForSaleFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loan, Held-for-Sale, Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansHeldForSaleFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principles of Consolidation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashLeaseExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-cash lease expense.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashLeaseExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash Lease Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashLeaseExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-cash lease expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TampaFlMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tampa, FL</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TampaFlMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tampa FL [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TampaFlMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tampa FL.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewTownePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New Towne Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewTownePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">New Towne Plaza.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewTownePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Towne Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsFairValueProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Level three measurement inputs fair value projection items.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsFairValueProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Level Three Measurement Inputs Fair Value Projection Items [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LevelThreeMeasurementInputsFairValueProjectionItemsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3 Inputs Fair Value of Net Assets Projections</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDividendsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from dividends received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDividendsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Dividends Received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseGross_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amortizable Intangible Liabilities, Gross Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan, Employer Matching Contribution, Percent of Match</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employer matching contribution</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgages [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Input, Discount Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputDiscountRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Discount Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">2025, Increase to Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Asset, Expected Amortization, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate investment property accumulated depreciation and amortization.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property Accumulated Depreciation And Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: Accumulated depreciation and amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EQUITY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Future minimum rental payments of interest related to finance lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Future Minimum Rental Payments Of Interest Related To Finance Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum rental payments of interest related to finance lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares granted (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseInMortgageNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in mortgage notes payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseInMortgageNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase in Mortgage Notes Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseInMortgageNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in mortgage notes payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Second quarter two thousand twenty three.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Second Quarter Two Thousand Twenty Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Second Quarter Two Thousand Twenty Three Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation, State or Country Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from (Payments to) Noncontrolling Interests, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from (Payments to) Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromPaymentsToMinorityShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of note receivable used as capital contributions from redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingLongTermConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining construction loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingLongTermConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Remaining Long Term Construction Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingLongTermConstructionLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Remaining long term construction loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives, Fair Value [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivatives, Fair Value [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Components</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Accounts Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rents receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Accounts Receivable, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rents receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Liabilities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Businesses, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreviouslyRecognizedUnrealizedGainsOnMarketableSecuritiesSoldDuringThePeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: previously recognized unrealized gains on marketable securities sold during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreviouslyRecognizedUnrealizedGainsOnMarketableSecuritiesSoldDuringThePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Less: previously recognized unrealized gains on marketable securities sold during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreviouslyRecognizedUnrealizedGainsOnMarketableSecuritiesSoldDuringThePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Previously Recognized Unrealized Gains on Marketable Securities Sold During the Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreviouslyRecognizedUnrealizedGainsOnMarketableSecuritiesSoldDuringThePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Previously recognized unrealized gains on marketable securities sold during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RentalProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RentalProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rental property, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Equity Method Investments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Equity Method Investments [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Capitalized, Investing Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidCapitalized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for capitalized interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseOfCashInConsolidationOfPreviouslyUnconsolidatedConsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase in cash and restricted cash upon change of control</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseOfCashInConsolidationOfPreviouslyUnconsolidatedConsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease Of Cash In Consolidation Of Previously Unconsolidated Consolidated Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncreaseDecreaseOfCashInConsolidationOfPreviouslyUnconsolidatedConsolidatedInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase Decrease Of Cash In Consolidation Of Previously Unconsolidated Consolidated Investment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares vested, Weighted average grant date fair value (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property, Plant and Equipment [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred Charges, Net:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Third quarter two thousand twenty two member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Third Quarter Two Thousand Twenty Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Third Quarter Two Thousand Twenty Two Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Defined Contribution Plan [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying amount as of the balance sheet date of distribution in excess of income from, and investments in, unconsolidated affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions In Excess Of Income From And Investments In Unconsolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions in excess of income from, and investments in, unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Company's share of distributions in excess of income from and investments in unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NineNineOneMadisonAvenueManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">991 Madison Avenue Manhattan NY.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NineNineOneMadisonAvenueManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nine Nine One Madison Avenue Manhattan N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NineNineOneMadisonAvenueManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">991 Madison Avenue Manhattan, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee and trustee stock compensation, net (in Shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of Unconsolidated Subsidiaries</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmountOfRestrictedNetAssetsForConsolidatedAndUnconsolidatedSubsidiaries_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEquityMethodInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Equity Method Investments [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermLineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Line of Credit, Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermLineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term line of credit, noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated other comprehensive income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accumulated Other Comprehensive Income (Loss), Net of Tax, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gross Profit, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gross Profit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Company's share of equity in net (losses) income of unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Realized and unrealized holding gains (losses) on investments and other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationConvertibleFeatureOperatingPartnershipUnitsSharesConvertedToCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share based compensation, convertible feature, operating partnership units, shares converted to common stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationConvertibleFeatureOperatingPartnershipUnitsSharesConvertedToCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Convertible Feature Operating Partnership Units Shares Converted To Common Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationConvertibleFeatureOperatingPartnershipUnitsSharesConvertedToCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion of Common OP Units to Common Shares by limited partners of the Operating Partnership (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, par value (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common shares of beneficial interest, par value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscription Line 3</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscription line four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscription Line Four [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate under development.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Under Development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate under development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Real estate under development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneOneZeroUniversityNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">110 University, New York, NY.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneOneZeroUniversityNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One One Zero University New York N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneOneZeroUniversityNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">110 University, New York, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneOneZeroUniversityNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">110 University Place</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_AffiliatedEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Affiliated Entity [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_AffiliatedEntityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Noncontrolling Interests in Partially-Owned Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate, stated percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cumulative Effect, Period of Adoption [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cumulative Effect, Period of Adoption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average period over which cost is expected to be recognized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Lived Tangible Asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfRealEstatePropertiesUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of real estate properties under development.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfRealEstatePropertiesUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Real Estate Properties Under Development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfRealEstatePropertiesUnderDevelopment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of properties under development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Second Quarter Two Thousand Twenty Two Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Second Quarter Two Thousand Twenty Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecondQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Second quarter two thousand twenty two member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Subscription line.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subscription Line [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SubscriptionLineMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subscription Line</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Maximum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LessorOperatingLeasePaymentsToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lessor operating lease payments to be received after year four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LessorOperatingLeasePaymentsToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor Operating Lease Payments To Be Received After Year Four</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LessorOperatingLeasePaymentsToBeReceivedAfterYearFour_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Thereafter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessCapitalizedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development in process, capitalized costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessCapitalizedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development In Process Capitalized Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessCapitalizedCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositsAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposits Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositsAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First quarter two thousand twenty.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Quarter Two Thousand Twenty [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Quarter Two Thousand Twenty</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateBeginningOnFirstAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation, granted, for service, vesting rate beginning on the first anniversary of grant date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateBeginningOnFirstAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Compensation Granted For Service Vesting Rate Beginning On First Anniversary Of Grant Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationGrantedForServiceVestingRateBeginningOnFirstAnniversaryOfGrantDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting rate of shares granted to trustees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidation Items</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ParamusPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Paramus Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ParamusPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Paramus Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ParamusPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Paramus Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFifthMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Three hundred and fifth million term loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFifthMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Three Hundred And Fifth Million Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFifthMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">$300 Million Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt, Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt obligation not collateralized by pledge of, mortgage of or other lien on the entity's assets.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and Administrative Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee unvested restricted shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investments in real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investments, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net investments in real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Segments [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingSegmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash or Part Noncash Acquisition, Payables Assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assumption of accounts payable and accrued expenses through acquisition of real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InstitutionalInvestorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Institutional investors.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InstitutionalInvestorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Institutional Investors [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InstitutionalInvestorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Institutional Investors</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets Disposed of by Method Other than Sale, in Period of Disposition, Gain (Loss) on Disposition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Properties Held for Sale of disposition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LoansMaturingInSeptember2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Loans maturing in September 2020.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LoansMaturingInSeptember2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Maturing In September2020 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LoansMaturingInSeptember2020Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Loan Maturing In September 2020</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnGroundLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annual net rental rate per square foot on acquired ground lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnGroundLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Rate per Square Foot on Ground Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnGroundLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rental rate per square foot on ground lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanFundedAtClosing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan funded at closing.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanFundedAtClosing_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan Funded at Closing</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanFundedAtClosing_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Loan Funded at Closing</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableOtherPayablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage and Other Notes Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableOtherPayablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable, Other Payables [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, by Balance Sheet Grouping [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Other Financial Instruments Carrying Values and Fair values</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM OPERATING ACTIVITIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Items [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidationItemsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidation Items</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred costs gross.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredCostsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred costs, gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertiesOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Properties owned percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertiesOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Properties Owned Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PropertiesOwnedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Properties owned percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LetterOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Letter of Credit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LetterOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Letter of Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partner Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisition [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Realized and unrealized holding gains (losses) on investments and other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gain (Loss) on Investments, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Realized and unrealized holding losses on investments and other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued Operations, Disposed of by Sale [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disposed of by sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">General and Administrative Expense, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">General and administrative expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Unsecured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfUnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from unsecured debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series A Preferred OP Units, Common share equivalent.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series A Preferred O P Units Common Share Equivalent [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsCommonShareEquivalentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred OP Units - Common Share Equivalent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">City Point Property Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Point Property Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CityPointPropertyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsLeasingNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs, Leasing, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsLeasingNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred charges, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsLeasingNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred Costs, Leasing, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AntiDilutiveSharesExcludedFromDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Anti-dilutive shares excluded from denominator.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AntiDilutiveSharesExcludedFromDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Anti Dilutive Shares Excluded From Denominator [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AntiDilutiveSharesExcludedFromDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Anti-Dilutive Shares Excluded from Denominator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Employee Stock [Member]</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM FINANCING ACTIVITIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformancePeriodEndingDecember312021Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance period ending December 31, 2021.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformancePeriodEndingDecember312021Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Period Ending December 31, 2021</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToStraightLineRentReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments To Straight Line Rent Reserves</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToStraightLineRentReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to straight-line rent reserves</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ColoniePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Colonie Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ColoniePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Colonie Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ColoniePlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Colonie Plaza - Albany, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToPartnership_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Remaining funds rate of distribution to partnership.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToPartnership_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Remaining Funds Rate Of Distribution To Partnership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToPartnership_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining funds rate of distribution to operating partnership (in percent)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total before interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Equity in losses of unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Equity in earnings (losses) of unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity in losses of unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Equity Method Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Company's equity in (losses) earnings of unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Limited liability company LLC or Limited partnership LP members or Limited partners, Preferred return.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Liability Company L L C Or Limited Partnership L P Members Or Limited Partners Preferred Return</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersPreferredReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Return</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnBuildings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Annual net rental rate per square foot on acquired buildings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnBuildings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Rate per Square Foot on Buildings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalRatePerSquareFootOnBuildings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rental rate per square foot on buildings.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024, Net Increase In Lease Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Year Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestInPreviouslyUnconsolidatedAffiliateInNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestInPreviouslyUnconsolidatedAffiliateInNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest In Previously Unconsolidated Affiliate In Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestInPreviouslyUnconsolidatedAffiliateInNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest In Previously Unconsolidated Affiliate In Notes Receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Series A Preferred OP Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series A Preferred O P Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SeriesAPreferredOPUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series A Preferred OP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Acquisition of noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquisition of noncontrolling interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition Of Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of noncontrolling interest asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipUnitHoldersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">OP Unitholders.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipUnitHoldersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Partnership Unit Holders [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OperatingPartnershipUnitHoldersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">OP Unit Holders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Antidilutive securities excluded from computation of earnings per share (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CovidNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">COVID 19.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CovidNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Covid Nineteen [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CovidNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">COVID-19</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CovidNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">COVID-19</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrealized gains on marketable securities still held at the end of the period and through the disposition date on marketable securities sold during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Security, Realized Gain (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023 (Remainder)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Remainder of Fiscal Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LiborMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LIBOR</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LiborMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">LIBOR [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LiborMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">LIBOR Member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashDistributionDeclaredAndPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution declared and payable on October 13, 2023 and October 14, 2022, respectively</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashDistributionDeclaredAndPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncash Distribution Declared And Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NoncashDistributionDeclaredAndPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Noncash distribution declared and payable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease, Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total lease cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LettersOfCreditOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Letters of Credit Outstanding, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LettersOfCreditOutstandingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Letters of credit, outstanding amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneHundredSeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">$175 Million Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneHundredSeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">One Hundred Seventy Five Million Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneHundredSeventyFiveMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">One Hundred Seventy Five Million Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OpportunityFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Opportunity funds.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OpportunityFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Opportunity Funds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OpportunityFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Opportunity Funds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OpportunityFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Funds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrolingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquisition of noncontroling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrolingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition of Noncontroling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionOfNoncontrolingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GothamPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gotham plaza.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GothamPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gotham Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_GothamPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gotham Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Above-market Ground Lease, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above-market ground lease, accumulated amortization.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Ground Lease Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cumulative Effect, Period of Adoption [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CumulativeEffectPeriodOfAdoptionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cumulative Effect, Period of Adoption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of dilutive securities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dilutive Securities Effect On Basic Earnings Per Share Denominator [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DilutiveSecuritiesEffectOnBasicEarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dilutive securities, effect on basic earnings per share, denominator.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Construction in Progress, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction in progress</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Noncontrolling Interest, Equity, Redemption Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Redeemable Noncontrolling Interest, Equity, Redemption Value, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformancePeriodEndingDecember312022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance period ending December 31, 2022</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformancePeriodEndingDecember312022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Period Ending December312022 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformancePeriodEndingDecember312022Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance period ending December 31, 2022.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash and Cash Equivalents, at Carrying Value, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash and cash equivalents, ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash and cash equivalents, beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Entity Common Stock, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BuildingsAndImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Buildings and improvements held for sale not part of disposal group.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BuildingsAndImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Buildings and Improvements Held for Sale Not Part of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BuildingsAndImprovementsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Buildings and improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Mortgage Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Mortgage Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstMortgageLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in First Mortgage Loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Antidilutive Securities, Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationVariableInterestEntityPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation, Variable Interest Entity, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConsolidationVariableInterestEntityPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasedAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Leased Assets [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeasedAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Leased Assets [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Unused Borrowing Capacity, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt available balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate201613Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update 2016-13 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingStandardsUpdate201613Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ASU 2016-13</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageGuaranteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">La Frontera Village Guarantee [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageGuaranteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">La Frontera Village Guarantee [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageGuaranteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">La Frontera Village Guarantee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourHundredMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">$400 Million Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourHundredMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Four Hundred Million Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourHundredMillionTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Four Hundred Million Term Loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustments to additional paid in capital, reallocation of noncontrolling interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments To Additional Paid In Capital Reallocation Of Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reallocation of noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Reallocation of noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Swap [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forward Swaps</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Debt [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Consolidated Indebtedness</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned, shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment owned, shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywineTownCenterMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Brandywine town center.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywineTownCenterMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Brandywine Town Center [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywineTownCenterMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Town Center</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywineTownCenterMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Brandywine Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateCapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Cap [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateCapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable-rate debt that subject to interest cap agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateCapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Interest Rate Caps</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividends</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease), Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision (Recovery), Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease general allowance for credit losses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Asset, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VestingAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vesting [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VestingAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfAssetHeldForSalePropertyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of asset held for sale property.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfAssetHeldForSalePropertyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Asset Held For Sale Property [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfAssetHeldForSalePropertyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Asset Held For Sale Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rental Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rental Income [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RentalIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rental Income.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Mortgage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage loan on real estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan On Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan on real estate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfCondensedIncomeStatementTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Condensed Income Statement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfCondensedIncomeStatementTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Condensed Income Statement [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redeemable noncontrolling interest member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable NonControlling Interest [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RedeemableNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Noncontrolling Interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Taxes Paid, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Taxes Paid, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for income taxes, net of (refunds)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Periodic Payment, Principal</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Scheduled principal payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToOperatingLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Future minimum rental payments of interest related to operating lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToOperatingLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Future Minimum Rental Payments Of Interest Related To Operating Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FutureMinimumRentalPaymentsOfInterestRelatedToOperatingLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum rental payments of interest related to operating lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesUnclassifiedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities, Unclassified [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesUnclassifiedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts Payable and Other Liabilities:</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares granted, Weighted average grant date fair value (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVOtherPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund IV other portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVOtherPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund I V Other Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundIVOtherPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund IV Other Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Loan accrues default interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Pronouncements</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization, Consolidation and Presentation of Financial Statements [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization Consolidation And Presentation Of Financial Statements [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OrganizationConsolidationAndPresentationOfFinancialStatementsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization Consolidation And Presentation Of Financial Statements [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmountOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmountOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amount of Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmountOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestOnMortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Point Loan</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestOnMortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest On Mortgage Loan To Investors</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestOnMortgageLoanToInvestors_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">City Point Loan accrued interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Finite Lived Intangible Assets [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Not Primary Beneficiary [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entity, Not Primary Beneficiary</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Mortgage Loans on Real Estate, Commercial and Consumer, Net, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loans on Real Estate, Commercial and Consumer, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgage Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneFourSixGearyStreetSanFranciscoCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">146 Geary Street, San Francisco, CA.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OneFourSixGearyStreetSanFranciscoCAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">146 Geary Street, San Francisco, CA</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermConstructionLoanCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Construction Loan Commitment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermConstructionLoanCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Construction loan commitment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermConstructionLoanCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Construction Loan</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesByIndustryAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industry Sector [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Acquisition, Acquiree</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Legal Entity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Unvested Restricted Shares and LTIP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromCollectionOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Collection of Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromCollectionOfNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from repayment of notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Percentage of voting interests acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percent Acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Acquisition, Percentage of Voting Interests Acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">(Loss) income from continuing operations net of income attributable to participating securities for basic earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">(Loss) income from continuing operations net of income attributable to participating securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Undistributed Earnings, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fourth quarter two thousand nineteen.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fourth Quarter Two Thousand Nineteen [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FourthQuarterTwoThousandNineteenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fourth Quarter Two Thousand Nineteen</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealizedAndUnrealizedHoldingGainsOnInvestmentsAndOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized and unrealized holding gains on investments and other.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealizedAndUnrealizedHoldingGainsOnInvestmentsAndOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized And Unrealized Holding Gains On Investments And Other [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealizedAndUnrealizedHoldingGainsOnInvestmentsAndOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Realized and Unrealized Holding Gains (Losses) on Investments and Other</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Interest Entity [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minority Interest Ownership Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Affiliates [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidatedAffiliatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Consolidated affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2027, Reduction of Rent Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Assets Amortization Expense Reduction Of Rent Expense Year Five</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleAssetsAmortizationExpenseReductionOfRentExpenseYearFive_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible assets, amortization expense, reduction of rent expense, year five.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForLeasingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Leasing Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForLeasingCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of deferred leasing costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Standards Update</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Accounting, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Presentation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Secured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfSecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds received on mortgage and other notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity method investment, ownership percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Ownership interest rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Ownership Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Right-of-Use Asset, Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseRightOfUseAssetAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of right-of-use assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Scheduled Amortization of Acquired Lease Intangible Assets and Assumed Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DepositsForPropertiesUnderSalesContract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposits for properties under sale contract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DepositsForPropertiesUnderSalesContract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposits For Properties Under Sales Contract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DepositsForPropertiesUnderSalesContract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deposits for properties under sales contract.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfDepositsForPropertiesUnderContractNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Refund of deposits for properties under purchase contract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfDepositsForPropertiesUnderContractNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Return of deposits for properties under contract, net.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ReturnOfDepositsForPropertiesUnderContractNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Return Of Deposits For Properties Under Contract Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EconomicAndOtherConsiderationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Economic and Other Considerations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EconomicAndOtherConsiderationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Economic and Other Considerations [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EconomicAndOtherConsiderationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Economic and other considerations.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRightOfUseAssetFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Right-of-use asset - finance lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRightOfUseAssetFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Right Of Use Asset Finance Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRightOfUseAssetFinanceLease_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed right of use asset finance lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeasesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leases [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile25To50Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">TSR percentile, 25 to 50.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile25To50Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">T S R Percentile25 To50 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile25To50Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">TSR percentile falls between the 25th percentile and the 50th percentile</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageTwoAndThreePercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Growth rate two and three percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageTwoAndThreePercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-based Payment Award, Growth Rate Percentage Two And Three Percentage [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageTwoAndThreePercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment award, growth rate percentage two and three percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Partners' Capital, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Partners' Capital, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Partners' Capital, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Partners&#8217; equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Expiration Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfUnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Unsecured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfUnsecuredDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Principal payments on unsecured debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstAnniversaryOfTheDateOfIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First anniversary of the date of issuance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstAnniversaryOfTheDateOfIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Anniversary of The Date of Issuance [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstAnniversaryOfTheDateOfIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Anniversary of The Date of Issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023 (Remainder)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RecourseStatusAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Recourse Status [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill and Intangible Assets Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Weighted Average Discount Rate, Percent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseWeightedAverageDiscountRatePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average discount rate - finance leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Liabilities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund V acquisition two member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund V Acquisition Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund V Acquisition Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost Method Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost Method Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost Method Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash of $19,312 and $18,068 and restricted cash of $7,868 and $12,635 respectively, end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash of $17,158 and $17,746 and restricted cash of $15,063 and $9,813 respectively, beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsAboveUpperPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of convertible units of share price falls above upper price limit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsAboveUpperPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Convertible Units Of Share Price Falls Above Upper Price Limit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsAboveUpperPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of convertible units if share price above $35.20 (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAndDevelopmentInProcessAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate investment property and development in process, at cost.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAndDevelopmentInProcessAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property And Development In Process At Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RealEstateInvestmentPropertyAndDevelopmentInProcessAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate at cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other assets, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other assets, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RestrictedStockSharesCanceledForTaxWithholdingForShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Restricted stock, shares canceled for tax withholding for share based compensation.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RestrictedStockSharesCanceledForTaxWithholdingForShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock Shares Canceled For Tax Withholding For Share Based Compensation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RestrictedStockSharesCanceledForTaxWithholdingForShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted stock, shares canceled for tax withholding for share based compensation (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Classification [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disposal Group Classification</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends, Common Stock, Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCommonStockCash_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Distributions declared per Common OP Unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in control of previously unconsolidated affiliate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidation Of Previously Unconsolidated Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ConsolidationOfPreviouslyUnconsolidatedInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Consolidation of previously unconsolidated investments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Note receivable from related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Notes receivable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, after Allowance for Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Straight Line Rent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Straight-line rents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StraightLineRent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Straight-line rents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtFixedWithInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate debt fixed with interest rate swap agreements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtFixedWithInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Debt Fixed With Interest Rate Swap Agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtFixedWithInterestRateSwapAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Debt - Variable Rate Debt Fixed with Interest Rate Swap Agreements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanSubscriptionFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term loan / subscription facility.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanSubscriptionFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Term Loan Subscription Facility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TermLoanSubscriptionFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term Loan Subscription Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Estimated Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Estimate of Fair Value Measurement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares unvested, Weighted average grant date fair value, End of period (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares unvested, Weighted average grant date fair value, Beginning of period (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ValueOfSharesAvailableForIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Value of shares available for issuance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ValueOfSharesAvailableForIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Value Of Shares Available For Issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ValueOfSharesAvailableForIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Value of shares available for issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Costs and Expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total operating expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">1238 Wisconsin</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">1238 Wisconsin Avenue [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WisconsinAvenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">1238 Wisconsin Avenue Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvesteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investee [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvesteeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity Method Investee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Due from (to) Related Parties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating Expenses, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Operating and other expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Contractual due 2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Interest Entity, Primary Beneficiary [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">VIE</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accounts payable and other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination recognized identifiable assets acquired and liabilities assumed accounts payable and other liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of Individual [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_TitleOfIndividualAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of Individual</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Number of Shares Issued in Transaction</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsOtherAssetsAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in other assets and liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsOtherAssetsAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Control Of Previously Unconsolidated Consolidated Investments Other Assets And Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsOtherAssetsAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change In Control Of Previously Unconsolidated Consolidated Investments Other Assets And Liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmortizationOfExcessInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amortization of excess investment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmortizationOfExcessInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization Of Excess Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AmortizationOfExcessInvestment_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Basis differential amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, before Allowance for Credit Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesReceivableGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financing Receivable, before Allowance for Credit Loss, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Grant-Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings Per Common Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Benchmark [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Total Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Fair Value Disclosure</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Money market funds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">La Frontera Village Member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">La Frontera Village [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LaFronteraVillageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">La Frontera Village</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SilverSpringMarylandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Silver Spring, Maryland.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SilverSpringMarylandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Silver Spring, Maryland [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SilverSpringMarylandMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Silver Spring, Maryland</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Contractual Obligation, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Obligation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractualObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contractual obligation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Above-market Ground Lease, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Above-market ground lease, net.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Above Market Ground Lease Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AboveMarketGroundLeaseNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Above-market Ground Lease, Net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Antidilutive Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueBelowDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share value below debt service coverage ratio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueBelowDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Value Below Debt Service Coverage Ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareValueBelowDebtServiceCoverageRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share value below debt service coverage ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Less: earnings attributable to unvested participating securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Undistributed Earnings (Loss) Allocated to Participating Securities, Basic, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Undistributed Earnings (Loss) Allocated to Participating Securities, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noncontrolling Interest [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minority Interest [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Finite-Lived Intangible Assets, Gross, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortizable Intangible Assets, Gross Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TriCityPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tri-City Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TriCityPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tri City Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TriCityPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tri City Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixFiveFourBroadwayNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">654 Broadway, New York, NY.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixFiveFourBroadwayNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Six Five Four Broadway New York N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SixFiveFourBroadwayNewYorkNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">654 Broadway, New York, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentBuildingAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment Building and Building Improvements, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentBuildingAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Building and Building Improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentBuildingAndBuildingImprovements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Buildings and improvements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_StockMaximumAggregateIssuanceDuringPeriodSharesEmployeeStockPurchasePlans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of common shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_StockMaximumAggregateIssuanceDuringPeriodSharesEmployeeStockPurchasePlans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock maximum aggregate issuance During Period, Shares, Employee Stock Purchase Plans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_StockMaximumAggregateIssuanceDuringPeriodSharesEmployeeStockPurchasePlans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock maximum aggregate issuance during period, shares, employee stock purchase plans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LUFPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">LUF Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LUFPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">L U F Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LUFPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LUF Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Mortgage loan one.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Mortgage Loan One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MortgageLoanOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Mortgages One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageThreeAndFourPercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Growth rate three and four percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageThreeAndFourPercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-based Payment Award, Growth Rate Percentage Three And Four Percentage [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedPaymentAwardGrowthRatePercentageThreeAndFourPercentageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment award, growth rate percentage three and four percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, Net</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating real estate, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Operating real estate, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement Location [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Lease, Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableLeaseCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable lease cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Maturity, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersOut_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development in process, transfers out.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersOut_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development In Process Transfers Out</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DevelopmentInProcessTransfersOut_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Transfers Out</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Below market rents, acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Declared [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Dividends Declared and Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First Quarter Two Thousand Twenty Two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Quarter Two Thousand Twenty Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Quarter Two Thousand Twenty Two Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term Debt, Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Fair Value of Amount Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit facility amount outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss) income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsNonrecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Nonrecurring [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsNonrecurringMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value, Measurements, Nonrecurring</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate unsecured term loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Unsecured Term Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateUnsecuredTermLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Unsecured Term Loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CorporateNonSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Corporate, Non-Segment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CorporateNonSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unallocated</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Series C Preferred Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeriesCPreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Series C Preferred Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsAndOtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Other Assets and Other Liabilities [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsAndOtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Other Assets and Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Financing Receivable [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Net [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortizable Intangible Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity method investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core properties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Properties [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CorePropertiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Core properties.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share price (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationConsiderationTransferredDebtAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationConsiderationTransferredDebtAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination Consideration Transferred Debt Assumed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationConsiderationTransferredDebtAssumed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination, consideration transferred, debt assumed.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-term debt, gross</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Long-term debt and convertible notes payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Long-term debt outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Depreciation, Depletion and Amortization, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation, Depletion and Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation and amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductOrServiceAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Product and Service [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ProductOrServiceAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Product and Service</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Financing Receivable [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Financing Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(b) Security</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Amortizable Intangible Assets, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Equity interest held by Operating Partnership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity interest held by Operating Partnership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToAllPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Remaining funds rate of distribution to all partners.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToAllPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Remaining Funds Rate Of Distribution To All Partners</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_RemainingFundsRateOfDistributionToAllPartners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining funds rate of distribution to all partners (in percent)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ProceedsFromStockPlansNetOfIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from stock plans net of issuance costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ProceedsFromStockPlansNetOfIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Stock Plans Net Of Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ProceedsFromStockPlansNetOfIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from stock plans net of issuance costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquitySecuritiesIndustryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Industry Sector [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LeaseContractualTermAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease Contractual Term [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrimeRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prime Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrimeRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prime Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrimeRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">PRIME</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywinePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Brandywine portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywinePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Brandywine Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BrandywinePortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brandywine Portfolio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile50To75Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">TSR percentile falls between the 50th percentile and 75th percentile</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile50To75Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">TSR percentile, 50 to 75.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TSRPercentile50To75Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">T S R Percentile50 To75 [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Finite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Intangible Assets and Liabilities Included in Other Assets and Accounts Payable and Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Control Of Previously Unconsolidated Consolidated Investment Abstract</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in control of previously unconsolidated consolidated investment abstract.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in control of previously unconsolidated investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Standards Update [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounting Standards Update</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInAccruedInterestOnNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Decrease in accrued interest on notes receivable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInAccruedInterestOnNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Decrease in Accrued Interest on Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DecreaseInAccruedInterestOnNotesReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in accrued interest on notes receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsBelowLowerPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of convertible units of share price falls below lower price limit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsBelowLowerPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Convertible Units Of Share Price Falls Below Lower Price Limit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfConvertibleUnitsOfSharePriceFallsBelowLowerPriceLimit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of convertible units if share price below $28.80 (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred charges, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsAndNotesReceivableNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts and Financing Receivable, after Allowance for Credit Loss [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from the disposition of properties and other investments, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from the disposition of properties , net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Proceeds from Sale of Real Estate Held-for-investment, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale, Real Estate, Held-for-Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CASH FLOWS FROM INVESTING ACTIVITIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Debt Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization of financing costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reported Value Measurement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gain on Marketable securities, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Security, Gain (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest Rate Swaps</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestRateSwapMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Rate Swap [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition fees Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquisition Fee Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcquisitionFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acquisition Fee Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Long-term Line of Credit, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Line of Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unsecured line of credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduced commitment amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable and Accrued Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accounts payable and other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts payable and other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounts payable and other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://fasb.org/us-gaap/role/label/axisDefault">Portion at Fair Value Measurement [Member] [Default]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Portion at Fair Value Measurement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Disclosure Item Amounts [Default]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Derivative Instrument, Financing Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash proceeds from swaps</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Lived Tangible Asset [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Long-Lived Tangible Asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MonroeMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Monroe Marketplace</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MonroeMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Monroe marketplace member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_MonroeMarketplaceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Monroe Marketplace [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PromenadeAtManassasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Promenade At Manassas</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PromenadeAtManassasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Promenade at Manassas [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PromenadeAtManassasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Promenade at Manassas.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash dividends declared per common share (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Distributions declared (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PurchaseObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Company related obligations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PurchaseObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase Obligation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PurchaseObligation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Purchase Obligation, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationAwardTrancheThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Tranche Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationAwardTrancheThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Three Tranches</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Contract with Customer, Liability, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contract with Customer, Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ContractWithCustomerLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes receivable, net ($988 and $898 of allowance for credit losses as of September 30, 2023 and December 31, 2022, respectively)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MortgageLoansOnRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Notes receivable, net</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReceivableTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReceivableTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewMortgageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New mortgage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewMortgageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Mortgage [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NewMortgageMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">New mortgage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consideration</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferredAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AtTheMarketProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">At the market program.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AtTheMarketProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">At The Market Program [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AtTheMarketProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ATM Program</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredQuarterlyDistributionPerSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Preferred quarterly distribution per share price.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredQuarterlyDistributionPerSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Quarterly Distribution Per Share Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PreferredQuarterlyDistributionPerSharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred quarterly distribution per share price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredLeasingAndOtherCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred leasing and other costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredLeasingAndOtherCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Leasing And Other Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DeferredLeasingAndOtherCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred leasing and other costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Direct Costs of Leased and Rented Property or Equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property operating</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchase Program, Remaining Authorized Repurchase Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remaining authorized repurchase amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance (in Shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance (in Shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common shares, outstanding (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Risk-free interest rates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KLAInvestmentsLLCAndABSOpportunitiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">KLA Investments, LLC and ABS Opportunities, LLC.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KLAInvestmentsLLCAndABSOpportunitiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">K L A Investments L L C And A B S Opportunities L L C [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_KLAInvestmentsLLCAndABSOpportunitiesLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">KLA/ABS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Incentive and Other Compensation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares forfeited, Weighted average grant date fair value (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Notes Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CypressCreekMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cypress Creek</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CypressCreekMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cypress Creek [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CypressCreekMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cypress creek.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitShoppingCenterPropertySubsectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NAREIT shopping center property subsector</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitShoppingCenterPropertySubsectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">NAREIT Shopping Center Property Subsector [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NareitShoppingCenterPropertySubsectorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">NAREIT shopping center property subsector.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfCondensedBalanceSheetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Condensed Balance Sheet [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ScheduleOfCondensedBalanceSheetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Condensed Balance Sheet</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Items Measured at Fair Value on Nonrecurring Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Discount from Market Price, Purchase Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee share purchase discount rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement Location [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAnnualRatePreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Per unit conversion annual rate, Preferred OP Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAnnualRatePreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Per unit conversion annual rate, Preferred OP Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerUnitConversionAnnualRatePreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Per Unit Conversion Annual Rate Preferred O P Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Broughton street portfolio.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Broughton Street Portfolio [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BroughtonStreetPortfolioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Broughton St. Portfolio Savannah, GA</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Line of Credit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in a financial asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Property, at Cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncrementalCapitalizedInternalLeasingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Incremental capitalized internal leasing commission.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncrementalCapitalizedInternalLeasingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incremental Capitalized Internal Leasing Commission</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_IncrementalCapitalizedInternalLeasingCommission_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Incremental capitalized internal leasing commission</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash used in investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Marketable equity securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Marketable Securities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteReceivableTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Core Note Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteReceivableTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Core Note Receivable Two [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CoreNoteReceivableTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Core note receivable two.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SevenOneSevenNMichiganAvenueChicagoILMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">717 N. Michigan Avenue, Chicago, IL.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SevenOneSevenNMichiganAvenueChicagoILMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Seven One Seven N Michigan Avenue Chicago I L [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SevenOneSevenNMichiganAvenueChicagoILMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">717 N. Michigan Avenue, Chicago, IL</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Classification [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disposal Group Classification</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative, Notional Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative, notional amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeNotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Aggregate Notional Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (loss) income attributable to Acadia shareholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (loss) income attributable to Acadia</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Debt [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnsecuredDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unsecured Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares forfeited (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash (used in) provided by financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityOtherFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redeemable Noncontrolling Interest, Equity, Other, Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityOtherFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redeemable Noncontrolling Interest, Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RedeemableNoncontrollingInterestEquityOtherFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair value of redeemable noncontrolling interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in number of shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of non-cash investing and financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnings per share, denominator.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share Denominator [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EarningsPerShareDenominatorAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairment of Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ImpairmentOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other than Temporary Impairment Losses, Investments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash and Cash Equivalents, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash and Cash Equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Restricted cash, ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Restricted cash, beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Restricted cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Third party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Third Party [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThirdPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Third Party [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aggregate sales price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromSaleOfRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Sale of Real Estate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Finite-lived intangible liabilities, accumulated amortization.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite Lived Intangible Liabilities Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FiniteLivedIntangibleLiabilitiesAccumulatedAmortization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Liabilities, Accumulated Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Balance Sheet Location [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Balance Sheet Location</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfFutureMinimumRentalRevenueAndPaymentsForOperatingAndCapitalLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of future minimum rental revenue and payments for operating and capital Leases.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfFutureMinimumRentalRevenueAndPaymentsForOperatingAndCapitalLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Future Minimum Rental Revenue And Payments For Operating And Capital Leases Table [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ScheduleOfFutureMinimumRentalRevenueAndPaymentsForOperatingAndCapitalLeasesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Future Minimum Rental Revenues and Payments for Operating and Capital Leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Office lease.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Office Lease [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_OfficeLeaseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Office Lease</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EmployeeBenefitPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Employee benefit plan.</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_EmployeeBenefitPlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Employee Benefit Plans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateTaxExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Tax Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealEstateTaxExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate taxes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MarketableSecuritiesUnrealizedGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Realized gain on marketable securities, net</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Intangible liabilities</link:label>
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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Business combination, recognized identifiable assets acquired and liabilities assumed, intangible liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfCommonOPUnitsConvertedFromPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of Common OP Units converted from Preferred OP Units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfCommonOPUnitsConvertedFromPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Common O P Units Converted From Preferred O P Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_NumberOfCommonOPUnitsConvertedFromPreferredOPUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Units converted from Preferred OP Units (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Payments to Acquire Marketable Securities, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Marketable Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of investment interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition of investment interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lessor, Operating Lease, Payment to be Received, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentEffectiveEconomicInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cost method investment effective economic interest.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentEffectiveEconomicInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost Method Investment Effective Economic Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CostMethodInvestmentEffectiveEconomicInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost method investments effective ownership interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unconsolidated VIE liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amount of liability guaranteed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, Plant and Equipment [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Property Plant And Equipment [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unsecured line of credit, swapped.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unsecured Line Of Credit Swapped [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_UnsecuredLineOfCreditSwappedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unsecured Line of Credit - Swapped</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Instrument, Description of Variable Rate Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Description of Variable Rate Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetImpairmentCharges_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Asset Impairment Charges, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetImpairmentCharges_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Impairment Charges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetImpairmentCharges_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impairment charges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetImpairmentCharges_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Impairment charges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetImpairmentCharges_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Impairment charges</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accrued interest receivable (Note 3)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Receivable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Note receivable accrued interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Stockholders' Equity Attributable to Parent, Ending Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Stockholders' Equity Attributable to Parent, Beginning Balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Acadia shareholders&#8217; equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired intangible assets, weighted average useful life</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecuredBridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Secured Bridge Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecuredBridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Bridge Facility Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_SecuredBridgeFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Secured Bridge Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoSevenESixOneStreetManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two Seven E Six One Street Manhattan N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoSevenESixOneStreetManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Seven E Six One Street Manhattan N Y [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TwoSevenESixOneStreetManhattanNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">27 E. 61st Street Manhattan, NY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TrusteeFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trustee Fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TrusteeFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trustee fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantNonRenewalsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tenant Non Renewals [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantNonRenewalsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tenant Non Renewals [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_TenantNonRenewalsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Tenant Non Renewals Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOFR</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date to be Paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash dividends, paid date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consolidated Entities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_ConsolidatedEntitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Consolidated Entities [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Modified, Subsequent Default</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes receivable modified, subsequent payment default</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023, Net Increase In Lease Revenues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Below Market Lease, Amortization Income, Year One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Variable rate debt.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Debt [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_VariableRateDebtMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsOfOperatingIncomeFromUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions of operating income from unconsolidated affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsOfOperatingIncomeFromUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions Of Operating Income From Unconsolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_DistributionsOfOperatingIncomeFromUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions of operating income from unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaOperatingPartnershipsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Acadia operating partnership&#8217;s.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaOperatingPartnershipsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Acadia Operating Partnerships [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AcadiaOperatingPartnershipsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acadia's OP Ownership</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development in Process</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real estate under development, beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DevelopmentInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Real estate under development</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fund V acquisition one member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fund V Acquisition One [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FundVAcquisitionOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund V Acquisition One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Name of Property [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Name of Property</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilitiesPaymentsDueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilitiesPaymentsDueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum Rental Payments, Finance Leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FifthWallInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fifth Wall Investment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FifthWallInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fifth Wall Investment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FifthWallInvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fifth Wall Investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Combined and Condensed Balance Sheets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued during period, share-based compensation, net of forfeitures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AociAttributableToNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">AOCI Attributable to Noncontrolling Interest [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AociAttributableToNoncontrollingInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">AOCI Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Liability, Statement of Financial Position [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted average shares for diluted earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted average shares for diluted (loss) income per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average shares for diluted earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestReceivedExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest received excludes settlements on interest rate swap contracts.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestReceivedExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Received Excludes Settlements on Interest Rate Swap Contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_InterestReceivedExcludesSettlementsOnInterestRateSwapContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest received excludes settlements on interest rate swap contracts</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountRecallableDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Partners capital account recallable distributions.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountRecallableDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners Capital Account Recallable Distributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PartnersCapitalAccountRecallableDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recallable distributions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Facility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BranchPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Branch Plaza</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BranchPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Branch Plaza.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_BranchPlazaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Branch Plaza [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFiftyMillionsTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Three hundred and fifty millions term loan.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFiftyMillionsTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Three Hundred And Fifty Millions Term Loan [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ThreeHundredAndFiftyMillionsTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Three Hundred And Fifty Millions Term Loan</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset, Held-for-Sale, Not Part of Disposal Group</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets of properties held for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldForSaleNotPartOfDisposalGroup_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Assets of properties held for sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">First Quarter Two Thousand Twenty Three Member</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">First Quarter Two Thousand Twenty Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_FirstQuarterTwoThousandTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">First quarter two thousand twenty three.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Lease, Weighted Average Remaining Lease Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted-average remaining lease term - operating leases (years)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum employee annual salary contribution</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of Estimates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WestHollywoodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">West Hollywood</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WestHollywoodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">West Hollywood [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_WestHollywoodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">West Hollywood.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in and Advances to Affiliates, Schedule of Investments [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in and Advances to Unconsolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest and Other Income, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Other Income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest and other income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Derivative financial instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Derivative Asset, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Asset</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DerivativeAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative financial instruments (Note 8)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Granted, Value, Share-Based Payment Arrangement, after Forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total value of restricted shares and LTIP units as of the grant date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FiniteLivedIntangibleAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Method Investment, Underlying Equity in Net Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Company's share of accumulated equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrowthRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Growth rate Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrowthRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Award , Growth rate Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardGrowthRatePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based compensation arrangement by share-based payment award, award , growth rate percentage.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Earnings Per Share, Basic and Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationTechniqueAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Approach and Technique [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional lease payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Lease Payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalLeasePayment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Additional lease payment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermIncentiveAndShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Long term incentive and share based compensation expense.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermIncentiveAndShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long Term Incentive And Share Based Compensation Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_LongTermIncentiveAndShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unit based compensation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsInAndAdvancesToUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in investments in and advances to unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsInAndAdvancesToUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Control Of Previously Unconsolidated Consolidated Investments In And Advances To Unconsolidated Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentsInAndAdvancesToUnconsolidatedAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in control of previously unconsolidated consolidated investments in and advances to unconsolidated affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationsOfTemporaryToPermanentEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassifications of Temporary to Permanent Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReclassificationsOfTemporaryToPermanentEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassification of redeemable noncontrolling interests</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CapitalizationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capitalization rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_CapitalizationRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capitalization rate.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Business Acquisitions, by Acquisition</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Business Acquisitions, by Acquisition [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Comprehensive income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive income (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Comprehensive (loss) income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 2</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseLiabilityPaymentsDueYearThree_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Liability, to be Paid, Year Three</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Frequency [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Measurement Frequency</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceBasedLtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance-based ltip units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceBasedLtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance-based ltip units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_PerformanceBasedLtipUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance-based Ltip Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Company's share on investment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss), Investment and Derivative, Operating, and Foreign Currency Transaction, before Tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment Company, Realized and Unrealized Gain (Loss) on Investment and Foreign Currency, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalAmountOfFinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liability - finance leases</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalAmountOfFinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Amount of Finance Lease Liability</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_AdditionalAmountOfFinanceLeaseLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Additional amount of finance lease liability.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance Lease, Interest Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinanceLeaseInterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest on lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ImpactOfShareConversationOption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Impact of City Point Loan share conversion option</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ImpactOfShareConversationOption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Impact of Share Conversation Option</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="akr_ImpactOfShareConversationOption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Impact of share conversation option.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PriorPeriodReclassificationAdjustmentDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reclassification, Comparability Adjustment [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PriorPeriodReclassificationAdjustmentDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reclassifications</link:label>
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