Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2023		Dec. 31, 2022		Mar. 31, 2022	[1]
Combined and Condensed Balance Sheets
Real estate under development	$ 117,914		$ 184,602
Other assets, net	200,430		229,591
Total assets	4,194,210	[1],[2]	4,302,582	[2]	$ 4,496,181
Total liabilities, equity and redeemable noncontrolling interests	4,194,210		4,302,582
Investments carried at fair value or cost	4,342		4,315
Company's share of distributions in excess of income from and investments in unconsolidated affiliates	9,376		10,505
Investments in and advances to unconsolidated affiliates	191,552		291,156
Unconsolidated Affiliates
Combined and Condensed Balance Sheets
Rental property, net	706,731		650,997
Real estate under development	18,676		17,359
Other assets, net	140,052		127,070
Total assets	865,459		795,426
Mortgage notes payable	683,601		609,923
Other liabilities	100,757		96,532
Partners’ equity	81,101		88,971
Total liabilities, equity and redeemable noncontrolling interests	865,459		795,426
Company's share of accumulated equity	122,188		131,878
Basis differential	52,566		52,813
Deferred fees, net of portion related to the Company's interest	2,803		5,937
Amounts receivable/payable by the Company	277		305
Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates	177,834		190,933
Investments carried at fair value or cost	4,342		89,718
Company's share of distributions in excess of income from and investments in unconsolidated affiliates	9,376		10,505
Investments in and advances to unconsolidated affiliates	$ 191,552		$ 291,156

[1] Real estate at cost and total assets for the Funds segment include $670.8 million and $657.9 million, or $275.1 million and $191.1 million net of noncontrolling interests, related to Fund II’s City Point property at March 31, 2023 and 2022, respectively.

[2] Represents the consolidated assets and liabilities of Acadia Realty Limited Partnership (the "Operating Partnership"), which is a consolidated variable interest entity ("VIE") (Note 15). The consolidated balance sheets include the following amounts related to our consolidated VIEs that are consolidated by the Operating Partnership: $1,532.5 million and $1,466.4 million of Operating real estate, net; $61.8 million and $129.9 million of Real estate under development; $109.1 million and $210.9 million of Investments in and advances to unconsolidated affiliates; $87.6 million and $98.7 million of Other assets, net; $2.4 million and $2.5 million of Right-of-use assets - operating leases, net; $13.7 million and $13.3 million of Cash and cash equivalents; $14.2 million and $15.0 million of Restricted cash; $16.6 million and $17.9 million of Rents receivable, net; $759.9 million and $761.2 million of Mortgage and other notes payable, net; $1.8 million and $51.2 million of Unsecured notes payable, net; $98.7 million and $95.4 million of Accounts payable and other liabilities; $2.5 million and $2.7 million of Lease liability- operating leases, net as of March 31, 2023 and December 31, 2022, respectively.