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Segment Reporting - Summary of Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
 [2]
Segment Reporting Information [Line Items]          
Revenues $ 101,006 $ 87,745 $ 305,992 $ 266,355  
Depreciation and amortization expenses (38,884) (34,500) (117,593) (103,721)  
Property operating expenses (16,627) (14,351) (52,431) (49,228)  
Real estate taxes (11,832) (11,187) (38,452) (33,514)  
General and administrative expenses (10,924) (10,215) (34,053) (30,162)  
Impairment charges (12,570) 0 (37,210) 0  
Gain (loss) on disposition of properties 2,515 0 2,515 (441)  
Operating income 12,684 17,492 28,768 49,289  
Interest income 6,121 7,859 18,575 18,510  
Equity in earnings (losses) of unconsolidated affiliates (3,694) 11,784 (9,598) 15,952  
Interest expense (24,304) (23,363) (71,155) (70,653)  
Loss on change in control 0 0 (9,622) 0  
Realized and unrealized holding (losses) gains on investments and other (1,760) (1,503) (193) (5,918)  
Income tax provision (2) (15) (329) (201)  
Net (loss) income (10,955) 12,254 (43,554) 6,979  
Net loss attributable to redeemable noncontrolling interests 1,567 1,672 4,960 6,518  
Net (income) loss attributable to noncontrolling interests 15,006 (5,512) 47,783 (371)  
Net income attributable to Acadia shareholders 5,618 8,414 9,189 13,126  
Real estate at cost [1] 5,126,252 4,459,421 5,126,252 4,459,421  
Total assets 4,875,192 [1],[2] 4,276,323 [1] 4,875,192 [1],[2] 4,276,323 [1] $ 4,371,203
Cash paid for acquisition of real estate     406,907 48,855  
Cash paid for development and property improvement costs     86,638 62,399  
Rental Income          
Segment Reporting Information [Line Items]          
Revenues 98,714 86,288 299,651 257,951  
Other          
Segment Reporting Information [Line Items]          
Revenues 2,292 1,457 6,341 8,404  
Operating Segments | REIT Portfolio          
Segment Reporting Information [Line Items]          
Depreciation and amortization expenses (22,663) (17,788) (68,792) (54,020)  
Property operating expenses (7,732) (6,405) (25,924) (23,833)  
Real estate taxes (7,469) (6,755) (25,207) (21,625)  
General and administrative expenses 0 0 0 0  
Impairment charges 0   0    
Gain (loss) on disposition of properties 2,756   2,756 (2,213)  
Operating income 22,930 14,627 63,631 46,317  
Interest income 0 0 0 0  
Equity in earnings (losses) of unconsolidated affiliates (135) 781 (344) 3,528  
Interest expense (10,753) (9,536) (29,687) (29,513)  
Loss on change in control     (9,622)    
Realized and unrealized holding (losses) gains on investments and other (2,205) (1,110) (831) (5,128)  
Income tax provision 0 0 0 0  
Net (loss) income 9,837 4,762 23,147 15,204  
Net loss attributable to redeemable noncontrolling interests 0 0 0 0  
Net (income) loss attributable to noncontrolling interests (151) (567) 194 (1,130)  
Net income attributable to Acadia shareholders 9,686 4,195 23,341 14,074  
Real estate at cost [1] 3,298,167 2,648,558 3,298,167 2,648,558  
Total assets [1] 3,157,469 2,547,118 3,157,469 2,547,118  
Cash paid for acquisition of real estate     276,852 19,300  
Cash paid for development and property improvement costs     72,019 36,217  
Operating Segments | REIT Portfolio | Rental Income          
Segment Reporting Information [Line Items]          
Revenues 57,162 45,064 178,635 141,740  
Operating Segments | REIT Portfolio | Other          
Segment Reporting Information [Line Items]          
Revenues 876 511 2,163 6,268  
Operating Segments | Investment Management          
Segment Reporting Information [Line Items]          
Depreciation and amortization expenses (16,221) (16,712) (48,801) (49,701)  
Property operating expenses (8,895) (7,946) (26,507) (25,395)  
Real estate taxes (4,363) (4,432) (13,245) (11,889)  
General and administrative expenses 0 0 0 0  
Impairment charges (12,570)   (37,210)    
Gain (loss) on disposition of properties (241)   (241) 1,772  
Operating income 678 13,080 (810) 33,134  
Interest income 0 0 0 0  
Equity in earnings (losses) of unconsolidated affiliates (3,559) 11,003 (9,254) 12,424  
Interest expense (13,551) (13,827) (41,468) (41,140)  
Loss on change in control     0    
Realized and unrealized holding (losses) gains on investments and other 0 0 0 0  
Income tax provision 0 0 0 0  
Net (loss) income (16,432) 10,256 (51,532) 4,418  
Net loss attributable to redeemable noncontrolling interests 1,567 1,672 4,960 6,518  
Net (income) loss attributable to noncontrolling interests 15,157 (4,945) 47,589 759  
Net income attributable to Acadia shareholders 292 6,983 1,017 11,695  
Real estate at cost [1] 1,828,085 1,810,863 1,828,085 1,810,863  
Total assets [1] 1,562,958 1,602,629 1,562,958 1,602,629  
Cash paid for acquisition of real estate     130,055 29,555  
Cash paid for development and property improvement costs     14,619 26,182  
Operating Segments | Investment Management | Rental Income          
Segment Reporting Information [Line Items]          
Revenues 41,552 41,224 121,016 116,211  
Operating Segments | Investment Management | Other          
Segment Reporting Information [Line Items]          
Revenues 1,416 946 4,178 2,136  
Operating Segments | Structured Financing          
Segment Reporting Information [Line Items]          
Depreciation and amortization expenses 0 0 0 0  
Property operating expenses 0 0 0 0  
Real estate taxes 0 0 0 0  
General and administrative expenses 0 0 0 0  
Impairment charges 0   0    
Gain (loss) on disposition of properties 0   0 0  
Operating income 0 0 0 0  
Interest income 6,121 7,859 18,575 18,510  
Equity in earnings (losses) of unconsolidated affiliates 0 0 0 0  
Interest expense 0 0 0 0  
Loss on change in control     0    
Realized and unrealized holding (losses) gains on investments and other 445 (393) 638 (790)  
Income tax provision 0 0 0 0  
Net (loss) income 6,566 7,466 19,213 17,720  
Net loss attributable to redeemable noncontrolling interests 0 0 0 0  
Net (income) loss attributable to noncontrolling interests 0 0 0 0  
Net income attributable to Acadia shareholders 6,566 7,466 19,213 17,720  
Real estate at cost [1] 0 0 0 0  
Total assets [1] 154,765 126,576 154,765 126,576  
Cash paid for acquisition of real estate     0 0  
Cash paid for development and property improvement costs     0 0  
Operating Segments | Structured Financing | Rental Income          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 0  
Operating Segments | Structured Financing | Other          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 0  
Unallocated          
Segment Reporting Information [Line Items]          
Depreciation and amortization expenses 0 0 0 0  
Property operating expenses 0 0 0 0  
Real estate taxes 0 0 0 0  
General and administrative expenses (10,924) (10,215) (34,053) (30,162)  
Impairment charges 0   0    
Gain (loss) on disposition of properties 0   0 0  
Operating income (10,924) (10,215) (34,053) (30,162)  
Interest income 0 0 0 0  
Equity in earnings (losses) of unconsolidated affiliates 0 0 0 0  
Interest expense 0 0 0 0  
Loss on change in control     0    
Realized and unrealized holding (losses) gains on investments and other 0 0 0 0  
Income tax provision (2) (15) (329) (201)  
Net (loss) income (10,926) (10,230) (34,382) (30,363)  
Net loss attributable to redeemable noncontrolling interests 0 0 0 0  
Net (income) loss attributable to noncontrolling interests 0 0 0 0  
Net income attributable to Acadia shareholders (10,926) (10,230) (34,382) (30,363)  
Real estate at cost [1] 0 0 0 0  
Total assets [1] 0 0 0 0  
Cash paid for acquisition of real estate     0 0  
Cash paid for development and property improvement costs     0 0  
Unallocated | Rental Income          
Segment Reporting Information [Line Items]          
Revenues 0 0 0 0  
Unallocated | Other          
Segment Reporting Information [Line Items]          
Revenues $ 0 $ 0 $ 0 $ 0  
[1] Total assets for the Investment Management segment include $529.5 million and $545.3 million related to Fund II’s City Point property as of September 30, 2025 and 2024, respectively.
[2] consolidated assets and liabilities of Acadia Realty Limited Partnership (the “Operating Partnership”), which is a consolidated variable interest entity (“VIE”) (Note 15). The Condensed Consolidated Balance Sheets include the following amounts related to our consolidated VIEs that are consolidated by the Operating Partnership: $1,776.1 million and $1,640.1 million of Operating real estate, net; $- million and $31.5 million of Real estate under development; $56.2 million and $74.4 million of Investments in and advances to unconsolidated affiliates; $84.2 million and $79.4 million of Other assets, net; $1.6 million and $2.0 million of Right-of-use assets - operating leases, net; $36.8 million and $15.9 million of Cash and cash equivalents; $12.9 million and $11.0 million of Restricted cash; $27.2 million and $27.3 million of Rents receivable, net; $21.0 million and $- million of Assets of properties held for sale; $876.3 million and $799.7 million of Mortgage and other notes payable, net; $130.1 million and $120.1 million of Accounts payable and other liabilities; $1.7 million and $2.1 million of Lease liability- operating leases as of September 30, 2025 and December 31, 2024, respectively.