Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2023		Dec. 31, 2022		Jun. 30, 2022	[1]
Combined and Condensed Balance Sheets
Real estate under development	$ 122,275		$ 184,602
Other assets, net	219,928		229,591
Total assets	4,204,159	[1],[2]	4,302,582	[2]	$ 4,438,884
Total liabilities, redeemable noncontrolling interests, and equity	4,204,159		4,302,582
Investments carried at fair value or cost	4,367		4,315
Company's share of distributions in excess of income from and investments in unconsolidated affiliates	8,588		10,505
Investments in and advances to unconsolidated affiliates	191,925		291,156
Unconsolidated Affiliates
Combined and Condensed Balance Sheets
Rental property, net	717,892		650,997
Real estate under development	8,767		17,359
Other assets, net	138,321		127,070
Total assets	864,980		795,426
Mortgage notes payable	685,816		609,923
Other liabilities	100,743		96,532
Partners’ equity	78,421		88,971
Total liabilities, redeemable noncontrolling interests, and equity	864,980		795,426
Company's share of accumulated equity	122,131		131,878
Basis differential	52,319		52,813
Deferred fees, net of portion related to the Company's interest	4,310		5,937
Amounts receivable/payable by the Company	210		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	178,970		190,933
Investments carried at fair value or cost	4,367		89,718
Company's share of distributions in excess of income from and investments in unconsolidated affiliates	8,588		10,505
Investments in and advances to unconsolidated affiliates	$ 191,925		$ 291,156

[1] Real estate at cost and total assets for the Funds segment include $672.7 million and $660.0 million, or $275.9 million and $270.7 million net of noncontrolling interests, related to Fund II’s City Point property at June 30, 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: $1,525.2 million and $1,466.4 million of Operating real estate, net; $63.3 million and $129.9 million of Real estate under development; $108.0 million and $210.9 million of Investments in and advances to unconsolidated affiliates; $90.2 million and $98.7 million of Other assets, net; $2.3 million and $2.5 million of Right-of-use assets - operating leases, net; $12.0 million and $13.3 million of Cash and cash equivalents; $12.2 million and $15.0 million of Restricted cash; $17.7 million and $17.9 million of Rents receivable, net; $768.8 million and $761.2 million of Mortgage and other notes payable, net; $2.0 million and $51.2 million of Unsecured notes payable, net; $91.8 million and $95.4 million of Accounts payable and other liabilities; $2.4 million and $2.7 million of Lease liability- operating leases, net as of June 30, 2023 and December 31, 2022, respectively.