v3.26.3
Investments in and Advances to Unconsolidated Affiliates - Unconsolidated Affiliates - Schedule of Condensed Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
 [2]
Combined and Condensed Balance Sheets      
Other assets $ 217,004 $ 223,980  
Total assets 4,829,735 [1],[2] 4,837,152 [1] $ 4,875,192
Total liabilities, redeemable noncontrolling interests, and equity 4,829,735 4,837,152  
Investments carried at cost [3] 2,656 3,383  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates (16,492) (16,838)  
Investments in and advances to unconsolidated affiliates 262,271 161,955  
Unconsolidated Affiliates      
Combined and Condensed Balance Sheets      
Rental property, net 1,634,642 902,016  
Other assets 331,445 119,689  
Total assets 1,966,087 1,021,705  
Mortgage notes payable 1,254,965 630,077  
Other liabilities 230,020 127,164  
Partners’ equity 481,101 264,464  
Total liabilities, redeemable noncontrolling interests, and equity 1,966,087 1,021,705  
Company's share of accumulated equity 228,858 127,079  
Basis differential 8,566 8,860  
Deferred fees, net of portion related to the Company's interest 2,916 4,452  
Amounts receivable/payable by the Company 2,755 1,366  
Investments in and advances to unconsolidated affiliates, net of Company's share of distributions in excess of income from and investments in unconsolidated affiliates 243,095 141,757  
Investments carried at cost 2,683 3,360  
Company's share of distributions in excess of income from and investments in unconsolidated affiliates 16,492 16,838  
Investments in and advances to unconsolidated affiliates $ 262,271 $ 161,955  
[1] Includes consolidated assets and liabilities of Acadia Realty Limited Partnership (the “Operating Partnership”), including those of its consolidated variable interest entities (“VIEs”) (Note 15), consisting of: $1,013.3 million and $1,768.6 million of Operating real estate, net; $35.6 million and $53.3 million of Investments in and advances to unconsolidated affiliates; $40.5 million and $78.3 million of Other assets, net; $1.2 million and $1.5 million of Right-of-use assets - operating leases, net; $26.7 million and $30.4 million of Cash and cash equivalents; $6.0 million and $6.5 million of Restricted cash; $14.1 million and $29.3 million of Rents receivable, net; $380.6 million and $793.8 million of Mortgage and other notes payable, net; $45.3 million and $61.3 million of Unsecured notes payable, net; $81.2 million and $125.6 million of Accounts payable and other liabilities; $1.2 million and $1.6 million of Lease liabilities- operating leases, net, as of September 30, 2026 and December 31, 2025, respectively.
[2] Total assets for the Investment Management segment include $513.1 million and $529.5 million related to the City Point property as of September 30, 2026 and 2025, respectively.
[3] Includes cost-method investment in Fifth Wall. The Company recorded an impairment charge of $0.6 million for the nine months ended September 30, 2026, which is included in Realized and unrealized holding gains (losses) on investments and other in the Company’s Condensed Consolidated Statements of Operations.