CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
ASSETS
Operating real estate, net		$ 3,219,373	$ 3,190,761
Real estate under development		203,773	247,201
Net investments in real estate		3,423,146	3,437,962
Notes receivable, net		153,886	100,882
Investments in and advances to unconsolidated affiliates		322,326	272,829
Other assets, net		186,509	170,281
Right-of-use assets - operating leases, net		40,743	76,268
Cash and cash equivalents		17,746	18,699
Restricted cash		9,813	11,096
Rents receivable, net		43,625	43,052
Assets of properties held for sale		63,952	0
Total assets	[1]	4,261,746	4,131,069
LIABILITIES
Mortgage and other notes payable, net		1,140,293	1,148,586
Unsecured notes payable, net		559,040	420,858
Unsecured line of credit		112,905	138,400
Accounts payable and other liabilities		236,415	268,442
Lease liability - operating leases, net		38,759	88,816
Dividends and distributions payable		14,460	147
Distributions in excess of income from, and investments in, unconsolidated affiliates		9,939	15,616
Total liabilities		2,111,811	2,080,865
Commitments and contingencies
Acadia Shareholders' Equity
Common shares, $0.001 par value, authorized 200,000,000 shares, issued and outstanding 89,303,545 and 86,268,303 shares, respectively		89	86
Additional paid-in capital		1,754,383	1,683,165
Accumulated other comprehensive loss		(36,214)	(74,891)
Distributions in excess of accumulated earnings		(196,645)	(167,321)
Total Acadia shareholders’ equity		1,521,613	1,441,039
Noncontrolling interests		628,322	609,165
Total equity		2,149,935	2,050,204
Total liabilities and equity		$ 4,261,746	$ 4,131,069

[1] Real estate at cost and total assets for the Funds segment include $657.0 million and $641.7 million, or $190.9 million and $186.5 million net of non-controlling interests, related to Fund II’s City Point property at December 31, 2021 and 2020, respectively.