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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 38,537us-gaap_ProfitLoss $ 19,115us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 13,658us-gaap_DepreciationDepletionAndAmortization 11,587us-gaap_DepreciationDepletionAndAmortization
Amortization of financing costs 768us-gaap_AmortizationOfFinancingCosts 688us-gaap_AmortizationOfFinancingCosts
Gain on disposition of property (27,143)akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax (12,387)akr_GainLossonDisposalofPropertyPlantandEquipmentandDiscontinuedOperationsNetofTax
Share compensation expense 1,889us-gaap_ShareBasedCompensation 2,087us-gaap_ShareBasedCompensation
Equity in earnings of unconsolidated affiliates (6,593)us-gaap_IncomeLossFromEquityMethodInvestments (3,029)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions of operating income from unconsolidated affiliates 5,889us-gaap_ProceedsFromContributionsFromAffiliates 2,562us-gaap_ProceedsFromContributionsFromAffiliates
Other, net (1,346)us-gaap_OtherNoncashIncomeExpense (648)us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities    
Cash in escrow (6,232)akr_IncreaseDecreaseInEscrowDeposit (141)akr_IncreaseDecreaseInEscrowDeposit
Rents receivable, net (1,354)us-gaap_IncreaseDecreaseInAccountsReceivable (486)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets 8,015us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (23)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses 2,437us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 2,507us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other liabilities (1,908)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 345us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 26,617us-gaap_NetCashProvidedByUsedInOperatingActivities 22,177us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of real estate (220,271)us-gaap_PaymentsToAcquireRealEstate (90,500)us-gaap_PaymentsToAcquireRealEstate
Cash in escrow for property acquisitions (33,000)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions 0us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
Redevelopment and property improvement costs (40,494)us-gaap_PaymentsForCapitalImprovements (37,505)us-gaap_PaymentsForCapitalImprovements
Deferred leasing costs (2,805)akr_DeferredAcquisitionAndLeasingCost (369)akr_DeferredAcquisitionAndLeasingCost
Investments in and advances to unconsolidated affiliates (3,151)us-gaap_PaymentsToAcquireEquityMethodInvestments (21,568)us-gaap_PaymentsToAcquireEquityMethodInvestments
Return of capital from unconsolidated affiliates 1,946akr_ReturnOfCapitalFromUnconsolidatedAffiliates 22,491akr_ReturnOfCapitalFromUnconsolidatedAffiliates
Proceeds from notes receivable 0us-gaap_ProceedsFromCollectionOfNotesReceivable 7,156us-gaap_ProceedsFromCollectionOfNotesReceivable
Issuance of notes receivable (550)us-gaap_PaymentsToAcquireNotesReceivable 0us-gaap_PaymentsToAcquireNotesReceivable
Proceeds from sale of properties, net 63,224us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash used in investing activities (235,101)us-gaap_NetCashProvidedByUsedInInvestingActivities (120,295)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on mortgage and other notes (30,390)us-gaap_RepaymentsOfSecuredDebt (38,972)us-gaap_RepaymentsOfSecuredDebt
Proceeds received from mortgage and other notes 169,720us-gaap_ProceedsFromIssuanceOfSecuredDebt 130,700us-gaap_ProceedsFromIssuanceOfSecuredDebt
Loan proceeds held as restricted cash 25,203us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 15,058us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Deferred financing and other costs (1,232)us-gaap_PaymentOfFinancingAndStockIssuanceCosts (921)us-gaap_PaymentOfFinancingAndStockIssuanceCosts
Capital contributions from noncontrolling interests 50us-gaap_ProceedsFromMinorityShareholders 8,712us-gaap_ProceedsFromMinorityShareholders
Distributions to noncontrolling interests (34,718)us-gaap_PaymentsToMinorityShareholders (33,577)us-gaap_PaymentsToMinorityShareholders
Dividends paid to Common Shareholders (36,779)us-gaap_PaymentsOfDividendsCommonStock (12,798)us-gaap_PaymentsOfDividendsCommonStock
Proceeds from issuance of Common Shares, net of issuance costs of $440 and $429, respectively 18,605us-gaap_ProceedsFromIssuanceOfCommonStock 23,519us-gaap_ProceedsFromIssuanceOfCommonStock
Net cash provided by financing activities 110,459us-gaap_NetCashProvidedByUsedInFinancingActivities 91,721us-gaap_NetCashProvidedByUsedInFinancingActivities
Decrease in cash and cash equivalents (98,025)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (6,397)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 217,580us-gaap_CashAndCashEquivalentsAtCarryingValue 79,189us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 119,555us-gaap_CashAndCashEquivalentsAtCarryingValue 72,792us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information    
Cash paid during the period for interest, net of capitalized interest of $3,673 and $2,892, respectively 13,344us-gaap_InterestPaidNet 12,173us-gaap_InterestPaidNet
Cash paid for income taxes 902us-gaap_IncomeTaxesPaid 281us-gaap_IncomeTaxesPaid
Supplemental disclosure of non-cash investing activities    
Acquisition of real estate through assumption of debt 9,765akr_AcquisitionOfInterestInUnconsolidatedAffiliateAssumptionOfMortgageDebt 0akr_AcquisitionOfInterestInUnconsolidatedAffiliateAssumptionOfMortgageDebt
Disposition of real estate through cancellation of debt $ 0akr_DisposalofRealEstateThroughCancellationofDebt $ (22,865)akr_DisposalofRealEstateThroughCancellationofDebt