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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Rental income $ 145,103us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue $ 122,730us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue $ 84,002us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue
Interest income 12,607akr_MortgageInterestIncome 11,800akr_MortgageInterestIncome 8,027akr_MortgageInterestIncome
Expense reimbursements 32,642us-gaap_TenantReimbursements 28,373us-gaap_TenantReimbursements 20,433us-gaap_TenantReimbursements
Other 4,660us-gaap_OtherRealEstateRevenue 5,383us-gaap_OtherRealEstateRevenue 2,525us-gaap_OtherRealEstateRevenue
Total revenues 195,012us-gaap_RealEstateRevenueNet 168,286us-gaap_RealEstateRevenueNet 114,987us-gaap_RealEstateRevenueNet
Operating Expenses      
Property operating 24,833us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 21,026us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 17,430us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Other operating 3,776us-gaap_OtherCostAndExpenseOperating 4,605us-gaap_OtherCostAndExpenseOperating 3,899us-gaap_OtherCostAndExpenseOperating
Real estate taxes 23,062us-gaap_RealEstateTaxExpense 20,922us-gaap_RealEstateTaxExpense 16,387us-gaap_RealEstateTaxExpense
General and administrative 27,433us-gaap_GeneralAndAdministrativeExpense 25,555us-gaap_GeneralAndAdministrativeExpense 21,223us-gaap_GeneralAndAdministrativeExpense
Reserve for notes receivable 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 0us-gaap_ProvisionForLoanLeaseAndOtherLosses 405us-gaap_ProvisionForLoanLeaseAndOtherLosses
Depreciation and amortization 49,645us-gaap_DepreciationAndAmortization 40,299us-gaap_DepreciationAndAmortization 27,888us-gaap_DepreciationAndAmortization
Total operating expenses 128,749us-gaap_OperatingExpenses 112,407us-gaap_OperatingExpenses 87,232us-gaap_OperatingExpenses
Operating income 66,263us-gaap_OperatingIncomeLoss 55,879us-gaap_OperatingIncomeLoss 27,755us-gaap_OperatingIncomeLoss
Equity in earnings of unconsolidated affiliates 8,723us-gaap_IncomeLossFromEquityMethodInvestments 12,382us-gaap_IncomeLossFromEquityMethodInvestments 550us-gaap_IncomeLossFromEquityMethodInvestments
Gain on disposition of properties of unconsolidated affiliates 102,855us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal 0us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal 3,061us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal
Impairment of unconsolidated affiliates 0us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment 0us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment (2,032)us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment
Impairment of asset 0us-gaap_AssetImpairmentCharges (1,500)us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Loss on debt extinguishment (335)us-gaap_GainsLossesOnExtinguishmentOfDebt (765)us-gaap_GainsLossesOnExtinguishmentOfDebt (198)us-gaap_GainsLossesOnExtinguishmentOfDebt
Gain on involuntary conversion of asset 0akr_GainLossOnInvoluntaryAssetConversion 0akr_GainLossOnInvoluntaryAssetConversion 2,368akr_GainLossOnInvoluntaryAssetConversion
Interest and other finance expense (39,091)us-gaap_InterestAndDebtExpense (39,474)us-gaap_InterestAndDebtExpense (22,811)us-gaap_InterestAndDebtExpense
Gain on disposition of properties 13,138us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Income from continuing operations before income taxes 151,553us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 26,522us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 8,693us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income tax (provision) benefit (629)us-gaap_IncomeTaxExpenseBenefit (19)us-gaap_IncomeTaxExpenseBenefit 574us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations 150,924us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 26,503us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 9,267us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations      
Operating income from discontinued operations 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 6,818us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 12,007us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Impairment of asset 0us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf (6,683)us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf 0us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf
Loss on debt extinguishment 0akr_DiscontinuedOperationsGainLossOnExtinguishmentOfDebt (800)akr_DiscontinuedOperationsGainLossOnExtinguishmentOfDebt (2,541)akr_DiscontinuedOperationsGainLossOnExtinguishmentOfDebt
Gain on disposition of properties 1,222us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 18,802us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 71,203us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Income from discontinued operations 1,222us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 18,137us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 80,669us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 152,146us-gaap_ProfitLoss 44,640us-gaap_ProfitLoss 89,936us-gaap_ProfitLoss
Noncontrolling interests      
Continuing operations (80,059)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 7,523us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 14,352us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Discontinued operations (1,023)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest (12,048)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest (64,582)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
Net income attributable to noncontrolling interests (81,082)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (4,525)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (50,230)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Common Shareholders $ 71,064us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 40,115us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 39,706us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per share      
Income from continuing operations (in dollars per share) $ 1.18us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.61us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.51us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income from discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.11us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.34us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Basic earnings per share (in dollars per share) $ 1.18us-gaap_EarningsPerShareBasic $ 0.72us-gaap_EarningsPerShareBasic $ 0.85us-gaap_EarningsPerShareBasic
Diluted earnings per share      
Income from continuing operations (in dollars per share) $ 1.18us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.61us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.51us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income from discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.11us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.34us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Diluted earnings per share (in dollars per share) $ 1.18us-gaap_EarningsPerShareDiluted $ 0.72us-gaap_EarningsPerShareDiluted $ 0.85us-gaap_EarningsPerShareDiluted