Financial Instruments and Fair Value Measurements - Schedule of Items Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Real Estate [Line Items]
Impairment charges	$ 0
Fair Value, Measurements, Nonrecurring
Real Estate [Line Items]
Impairment charges		$ 33,311
Fair Value, Measurements, Nonrecurring | Acadia Realty Trust
Real Estate [Line Items]
Impairment charges		$ 7,702
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event		Reduced projected operating income
Impairment charges		$ 12,435
Fair Value, Measurements, Nonrecurring | 146 Geary Street, San Francisco, CA | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges		$ 2,875
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Triggering Event		Reduced holding period and intended use
Impairment charges		$ 20,876
Fair Value, Measurements, Nonrecurring | 717 N. Michigan Avenue, Chicago, IL | Acadia Realty Trust | Fund IV | Level 3 Inputs Projections
Real Estate [Line Items]
Impairment charges		$ 4,827