$AKR
ACADIA REALTY TRUST

2018 Q3 Form 10-Q Financial Statement

#000156459018025435 Filed on October 29, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $65.53M $62.68M
YoY Change 4.55% 42.92%
Cost Of Revenue $21.65M $18.24M
YoY Change 18.7% 62.13%
Gross Profit $43.88M $44.44M
YoY Change -1.26% 11.52%
Gross Profit Margin 66.96% 70.9%
Selling, General & Admin $7.980M $7.950M
YoY Change 0.38% -38.23%
% of Gross Profit 18.19% 17.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.70M $26.60M
YoY Change 7.89% 75.0%
% of Gross Profit 65.41% 59.86%
Operating Expenses $58.58M $56.93M
YoY Change 2.89% 33.64%
Operating Profit $12.06M $5.744M
YoY Change 109.87% 358.05%
Interest Expense -$14.19M -$4.970M
YoY Change 185.51% -38.49%
% of Operating Profit -117.71% -86.53%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$2.133M $778.0K
YoY Change -374.16% 87.47%
Income Tax $464.0K $465.0K
% Of Pretax Income 59.77%
Net Earnings -$2.597M $13.29M
YoY Change -119.55% 3975.15%
Net Earnings / Revenue -3.96% 21.2%
Basic Earnings Per Share $0.11 $0.15
Diluted Earnings Per Share $0.11 $0.15
COMMON SHARES
Basic Shares Outstanding 81.57M 83.70K
Diluted Shares Outstanding 81.57M 83.70K

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.500M $48.30M
YoY Change -80.33% -1.83%
Cash & Equivalents $9.525M $48.26M
Short-Term Investments
Other Short-Term Assets $17.90M $18.20M
YoY Change -1.65% -69.77%
Inventory $189.4M $237.4M
Prepaid Expenses
Receivables $73.90M $65.50M
Other Receivables $11.50M $15.50M
Total Short-Term Assets $302.2M $384.9M
YoY Change -21.49% -53.53%
LONG-TERM ASSETS
Property, Plant & Equipment $3.028B $2.905B
YoY Change 4.22% 40.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $301.7M $270.2M
YoY Change 11.66% -1.24%
Other Assets $40.60M $147.4M
YoY Change -72.46% 198.99%
Total Long-Term Assets $3.617B $3.708B
YoY Change -2.47% 34.82%
TOTAL ASSETS
Total Short-Term Assets $302.2M $384.9M
Total Long-Term Assets $3.617B $3.708B
Total Assets $3.919B $4.093B
YoY Change -4.26% 14.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.40M $58.00M
YoY Change 9.31% 42.51%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $113.1M $109.6M
YoY Change 3.19% 26.56%
LONG-TERM LIABILITIES
Long-Term Debt $1.553B $1.673B
YoY Change -7.21% 29.16%
Other Long-Term Liabilities $129.1M $140.2M
YoY Change -7.92% -25.15%
Total Long-Term Liabilities $1.682B $1.814B
YoY Change -7.26% 22.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $113.1M $109.6M
Total Long-Term Liabilities $1.682B $1.814B
Total Liabilities $1.795B $1.923B
YoY Change -6.67% 22.54%
SHAREHOLDERS EQUITY
Retained Earnings -$73.99M -$30.33M
YoY Change 143.99% -444.02%
Common Stock $1.546B $1.594B
YoY Change -3.01% 6.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.486B $1.564B
YoY Change
Total Liabilities & Shareholders Equity $3.919B $4.093B
YoY Change -4.26% 14.38%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$2.597M $13.29M
YoY Change -119.55% 3975.15%
Depreciation, Depletion And Amortization $28.70M $26.60M
YoY Change 7.89% 75.0%
Cash From Operating Activities $18.20M $15.50M
YoY Change 17.42% 13.14%
INVESTING ACTIVITIES
Capital Expenditures -$83.00M -$98.90M
YoY Change -16.08% -68.32%
Acquisitions
YoY Change
Other Investing Activities $29.20M $55.70M
YoY Change -47.58% 140.09%
Cash From Investing Activities -$53.80M -$43.20M
YoY Change 24.54% -85.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 26.60M 31.00M
YoY Change -14.19% -87.12%
NET CHANGE
Cash From Operating Activities 18.20M 15.50M
Cash From Investing Activities -53.80M -43.20M
Cash From Financing Activities 26.60M 31.00M
Net Change In Cash -9.000M 3.300M
YoY Change -372.73% -109.54%
FREE CASH FLOW
Cash From Operating Activities $18.20M $15.50M
Capital Expenditures -$83.00M -$98.90M
Free Cash Flow $101.2M $114.4M
YoY Change -11.54% -64.9%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12867000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
24309000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
40558000
CY2018Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
66000
CY2017Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
135000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
158000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
488000
CY2018Q3 us-gaap Undistributed Earnings
UndistributedEarnings
9159000
CY2017Q3 us-gaap Undistributed Earnings
UndistributedEarnings
12732000
us-gaap Undistributed Earnings
UndistributedEarnings
24151000
us-gaap Undistributed Earnings
UndistributedEarnings
40070000
CY2018Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
81565805
CY2017Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
83699850
CY2017Q4 us-gaap Secured Debt
SecuredDebt
909174000
CY2018Q3 us-gaap Unsecured Debt
UnsecuredDebt
488933000
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
473735000
CY2018Q3 us-gaap Line Of Credit
LineOfCredit
28000000
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
41500000
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
202893000
CY2018Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
25362000
CY2018Q3 us-gaap Assets
Assets
3918716000
CY2017Q4 us-gaap Assets
Assets
3960247000
CY2018Q3 us-gaap Secured Debt
SecuredDebt
964796000
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
210052000
CY2018Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
70983000
CY2017Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
70611000
CY2018Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
23711000
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
24244000
CY2018Q3 akr Distributions In Excess Of Income From And Investments In Unconsolidated Affiliates
DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates
15596000
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
33523000
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
26978000
CY2017Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3840000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.81
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1194000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40558000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.48
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2652000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2637000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
39349000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1454000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40803000
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3027710000
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2952918000
CY2018Q3 us-gaap Development In Process
DevelopmentInProcess
189387000
CY2017Q4 us-gaap Development In Process
DevelopmentInProcess
173702000
CY2018Q3 us-gaap Real Estate Investments
RealEstateInvestments
3217097000
CY2017Q4 us-gaap Real Estate Investments
RealEstateInvestments
3126620000
CY2018Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
109410000
CY2017Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
153829000
CY2018Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
301717000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
302070000
CY2018Q3 us-gaap Other Assets
OtherAssets
209875000
CY2017Q4 us-gaap Other Assets
OtherAssets
214959000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9525000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74823000
CY2018Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
58584000
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
51738000
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12508000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10846000
CY2017Q4 us-gaap Liabilities
Liabilities
1744608000
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 akr Distributions In Excess Of Income From And Investments In Unconsolidated Affiliates
DistributionsInExcessOfIncomeFromAndInvestmentsInUnconsolidatedAffiliates
15292000
CY2018Q3 us-gaap Liabilities
Liabilities
1794912000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
82000
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
84000
CY2018Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1546405000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1596514000
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
13267000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2215639000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2614000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-73990000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-32013000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
1485764000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1567199000
CY2018Q3 us-gaap Minority Interest
MinorityInterest
638040000
CY2017Q4 us-gaap Minority Interest
MinorityInterest
648440000
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2123804000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3918716000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3960247000
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
81550171
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83708140
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
81550171
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
83708140
CY2018Q3 us-gaap Revenues
Revenues
66075000
CY2017Q3 us-gaap Revenues
Revenues
62678000
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28676000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25286000
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
27528000
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
27462000
CY2017Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
9417000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3840000
CY2018Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
270000
CY2017Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
250000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
655000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
987000
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
59127000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
56934000
us-gaap Operating Expenses
OperatingExpenses
172820000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6948000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5744000
us-gaap Operating Income Loss
OperatingIncomeLoss
19948000
us-gaap Operating Income Loss
OperatingIncomeLoss
22383000
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
376000
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4001000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7079000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21044000
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3513000
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
6461000
us-gaap Investment Income Interest
InvestmentIncomeInterest
10539000
CY2018Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
18077000
CY2017Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
15428000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
50882000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
39666000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7240000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
778000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13316000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
464000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
465000
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-7704000
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
313000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-14167000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26392000
CY2018Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
5107000
CY2017Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
12972000
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
5140000
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
12972000
us-gaap Profit Loss
ProfitLoss
-9027000
us-gaap Profit Loss
ProfitLoss
39364000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-33336000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24309000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.29
CY2018Q3 akr Gain Loss On Disposition Of Property Of Equity Method Investment
GainLossOnDispositionOfPropertyOfEquityMethodInvestment
0
CY2017Q3 akr Gain Loss On Disposition Of Property Of Equity Method Investment
GainLossOnDispositionOfPropertyOfEquityMethodInvestment
0
akr Gain Loss On Disposition Of Property Of Equity Method Investment
GainLossOnDispositionOfPropertyOfEquityMethodInvestment
0
akr Gain Loss On Disposition Of Property Of Equity Method Investment
GainLossOnDispositionOfPropertyOfEquityMethodInvestment
14771000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
12576000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-417000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12993000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3966000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-30996000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34962000
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
55057000
us-gaap Dividends Common Stock
DividendsCommonStock
71412000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
8332000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
24654000
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
46990000
akr Adjustments To Additional Paid In Capital Reallocation Of Noncontrolling Interest
AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest
0
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0
akr Adjustments To Additional Paid In Capital Reallocation Of Noncontrolling Interest
AdjustmentsToAdditionalPaidInCapitalReallocationOfNoncontrollingInterest
0
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2169794000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
86755000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
77245000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
12906000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
13727000
us-gaap Share Based Compensation
ShareBasedCompensation
8332000
us-gaap Share Based Compensation
ShareBasedCompensation
9129000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4350000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3996000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6331000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
8435000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-61000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1556000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4860000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8723000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7452000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6646000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5210000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-736000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
67183000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
87189000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
104902000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
138429000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
66238000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
84554000
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
3002000
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
10449000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
52759000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
47025000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
3481000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4555000
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
23777000
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
31720000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
26000000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
12000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
38453000
akr Return Of Deposits For Properties Under Contract Net
ReturnOfDepositsForPropertiesUnderContractNet
1750000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
2981000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
5381000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76318000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-152623000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
69050000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
130736000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
578600000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
143215000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
122332000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
120252000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
578800000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
267200000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
55057000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
46990000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
20522000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
29731000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
12813000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66869000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
77770000
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
3316000
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
4987000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-54501000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-63636000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-26981000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85669000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94709000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22033000
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67728000
us-gaap Interest Paid Net
InterestPaidNet
45251000
us-gaap Interest Paid Net
InterestPaidNet
39626000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1227000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
773000
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
1014000
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
2161000
akr Conversion Of Note Receivable To Acquire Real Estate
ConversionOfNoteReceivableToAcquireRealEstate
0
akr Conversion Of Note Receivable To Acquire Real Estate
ConversionOfNoteReceivableToAcquireRealEstate
9142000
akr Acquisition Of Undivided Interest In Property Through Conversion Of Notes Receivable
AcquisitionOfUndividedInterestInPropertyThroughConversionOfNotesReceivable
22201000
akr Acquisition Of Undivided Interest In Property Through Conversion Of Notes Receivable
AcquisitionOfUndividedInterestInPropertyThroughConversionOfNotesReceivable
16005000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71805000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48255000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
22904000
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
19473000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
4366000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
12246000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">GAAP requires the Company&#8217;s management to make estimates and assumptions that affect the amounts reported in the interim consolidated financial statements and accompanying notes. The most significant assumptions and estimates relate to the valuation of real estate, depreciable lives, revenue recognition and the collectability of notes receivable and rents receivable. Application of these estimates and assumptions requires the exercise of judgment as to future uncertainties and, as a result, actual results could differ from these estimates.</p></div>
akr Limited Partnership To Common Stock Conversion Ratio
LimitedPartnershipToCommonStockConversionRatio
1
CY2018Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
170
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Acquisition Costs
AcquisitionCosts
200000
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
900000
akr Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
1400000
CY2017 akr Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
1300000
CY2018Q3 akr Leases Future Minimum Payments Due
LeasesFutureMinimumPaymentsDue
204000000
CY2018Q3 us-gaap Land
Land
674758000
CY2017Q4 us-gaap Land
Land
658835000
CY2018Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2493011000
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2406488000
CY2018Q3 us-gaap Tenant Improvements
TenantImprovements
144134000
CY2017Q4 us-gaap Tenant Improvements
TenantImprovements
131850000
CY2018Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
34919000
CY2017Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
18642000
CY2018Q3 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
76965000
CY2017Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
76965000
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3423787000
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3292780000
CY2018Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
396077000
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
339862000
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
105916000
CY2017 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
254532000
CY2017 akr Business Combination Consideration Transferred Debt Assumed
BusinessCombinationConsiderationTransferredDebtAssumed
0
akr Business Combination Consideration Transferred Debt Assumed
BusinessCombinationConsiderationTransferredDebtAssumed
0
CY2018Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
15127000
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
48138000
CY2018Q3 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements
82235000
CY2017Q4 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements
173576000
CY2018Q3 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets And Gain On Bargain Purchase
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssetsAndGainOnBargainPurchase
0
CY2017Q4 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets And Gain On Bargain Purchase
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssetsAndGainOnBargainPurchase
84000
CY2018Q3 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets
13416000
CY2017Q4 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssets
44269000
CY2018Q3 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities
4862000
CY2017Q4 akr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities
11535000
CY2018Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
105916000
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
254532000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
104902000
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
200429000
akr Business Combination Consideration Transferred Conversion Of Note Receivable
BusinessCombinationConsiderationTransferredConversionOfNoteReceivable
0
CY2017 akr Business Combination Consideration Transferred Conversion Of Note Receivable
BusinessCombinationConsiderationTransferredConversionOfNoteReceivable
41010000
us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
1014000
CY2017 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
3363000
akr Existing Interest In Previously Unconsolidated Investment
ExistingInterestInPreviouslyUnconsolidatedInvestment
0
CY2017 akr Existing Interest In Previously Unconsolidated Investment
ExistingInterestInPreviouslyUnconsolidatedInvestment
4159000
akr Change In Control Of Previously Unconsolidated Consolidated Investment Gain On Change In Control
ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentGainOnChangeInControl
0
CY2017 akr Change In Control Of Previously Unconsolidated Consolidated Investment Gain On Change In Control
ChangeInControlOfPreviouslyUnconsolidatedConsolidatedInvestmentGainOnChangeInControl
5571000
CY2017Q4 akr Number Of Real Estate Properties Under Development
NumberOfRealEstatePropertiesUnderDevelopment
5
akr Development In Process Transfers In
DevelopmentInProcessTransfersIn
0
akr Development In Process Capitalized Costs
DevelopmentInProcessCapitalizedCosts
30229000
akr Development In Process Transfers Out
DevelopmentInProcessTransfersOut
-14544000
CY2018Q3 akr Number Of Real Estate Properties Under Development
NumberOfRealEstatePropertiesUnderDevelopment
4
CY2017Q4 akr Number Of Unconsolidated Real Estate Project In Development
NumberOfUnconsolidatedRealEstateProjectInDevelopment
1
CY2018Q3 akr Debt Instruments Number Of Instruments Held
DebtInstrumentsNumberOfInstrumentsHeld
5
CY2017 akr Mortgage Loan On Real Estate Recovered Amount Including Accrued Interest And Fees
MortgageLoanOnRealEstateRecoveredAmountIncludingAccruedInterestAndFees
16800000
CY2018Q3 us-gaap Due From Affiliates
DueFromAffiliates
113000
CY2017Q4 us-gaap Due From Affiliates
DueFromAffiliates
2415000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
82245020
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
83665749
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3577
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81565805
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83699850
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82245020
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83669326
CY2018Q3 us-gaap Cost Method Investments
CostMethodInvestments
556000
CY2017Q4 us-gaap Cost Method Investments
CostMethodInvestments
556000
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112249000
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
127571000
CY2018Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
26931000
CY2017Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
24589000
CY2018Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
17884000
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
16838000
CY2018Q3 us-gaap Other Receivables
OtherReceivables
4764000
CY2017Q4 us-gaap Other Receivables
OtherReceivables
11356000
CY2018Q3 us-gaap Interest Receivable
InterestReceivable
15352000
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
11668000
CY2018Q3 us-gaap Deposits Assets
DepositsAssets
4505000
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
6296000
CY2018Q3 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
4300000
CY2017Q4 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
4300000
CY2018Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1139000
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2096000
CY2018Q3 us-gaap Derivative Assets
DerivativeAssets
15115000
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
4402000
CY2018Q3 us-gaap Due From Related Parties
DueFromRelatedParties
2386000
CY2017Q4 us-gaap Due From Related Parties
DueFromRelatedParties
1479000
CY2018Q3 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
2063000
CY2017Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
2369000
CY2018Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
3187000
CY2017Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
1995000
CY2018Q3 akr Deferred Leasing And Other Costs
DeferredLeasingAndOtherCosts
43399000
CY2017Q4 akr Deferred Leasing And Other Costs
DeferredLeasingAndOtherCosts
41020000
CY2018Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
8873000
CY2017Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
7786000
CY2018Q3 akr Deferred Costs Gross
DeferredCostsGross
52272000
CY2017Q4 akr Deferred Costs Gross
DeferredCostsGross
48806000
CY2018Q3 akr Deferred Costs Accumulated Amortization
DeferredCostsAccumulatedAmortization
25341000
CY2017Q4 akr Deferred Costs Accumulated Amortization
DeferredCostsAccumulatedAmortization
24217000
CY2018Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
26931000
CY2017Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
24589000
CY2018Q3 akr Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
97777000
CY2017Q4 akr Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
104478000
CY2018Q3 akr Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
63435000
CY2017Q4 akr Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
61420000
CY2018Q3 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
28539000
CY2017Q4 us-gaap Deferred Revenue And Credits
DeferredRevenueAndCredits
31306000
CY2018Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
10364000
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
10029000
CY2018Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
361000
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1467000
CY2018Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
19000
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
176000
CY2018Q3 akr Accounts Payable And Other Liabilities Other
AccountsPayableAndOtherLiabilitiesOther
2398000
CY2017Q4 akr Accounts Payable And Other Liabilities Other
AccountsPayableAndOtherLiabilitiesOther
1176000
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
220913000
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
108664000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
210607000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
83036000
CY2018Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
149149000
CY2018Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
51965000
CY2018Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
97184000
CY2017Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
147232000
CY2017Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
43391000
CY2017Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
103841000
CY2018Q3 akr Above Market Ground Lease Gross
AboveMarketGroundLeaseGross
671000
CY2018Q3 akr Above Market Ground Lease Accumulated Amortization
AboveMarketGroundLeaseAccumulatedAmortization
78000
CY2018Q3 akr Above Market Ground Lease Net
AboveMarketGroundLeaseNet
593000
CY2017Q4 akr Above Market Ground Lease Gross
AboveMarketGroundLeaseGross
671000
CY2017Q4 akr Above Market Ground Lease Accumulated Amortization
AboveMarketGroundLeaseAccumulatedAmortization
34000
CY2017Q4 akr Above Market Ground Lease Net
AboveMarketGroundLeaseNet
637000
CY2018Q3 akr Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
149820000
CY2018Q3 akr Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
52043000
CY2017Q4 akr Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
147903000
CY2017Q4 akr Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
43425000
us-gaap Below Market Lease Acquired
BelowMarketLeaseAcquired
4900000
CY2017 us-gaap Below Market Lease Acquired
BelowMarketLeaseAcquired
10900000
akr Below Market Lease Acquired Weighted Average Useful Life
BelowMarketLeaseAcquiredWeightedAverageUsefulLife
P21Y7M6D
CY2017 akr Below Market Lease Acquired Weighted Average Useful Life
BelowMarketLeaseAcquiredWeightedAverageUsefulLife
P12Y1M6D
CY2017 akr Above Market Ground Lease Acquired
AboveMarketGroundLeaseAcquired
700000
CY2017 akr Above Market Ground Lease Acquired Weighted Average Useful Life
AboveMarketGroundLeaseAcquiredWeightedAverageUsefulLife
P11Y6M
CY2018Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1491869000
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1438386000
CY2018Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10919000
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14833000
CY2018Q3 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
779000
CY2017Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
856000
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
1481729000
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
1424409000
CY2018Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
300000000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
38938000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
192839000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
468162000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
180514000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
76529000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
534887000
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-3200000
CY2018Q3 us-gaap Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
0
CY2017Q4 us-gaap Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
0
CY2018Q3 us-gaap Net Investment Hedge Derivative Assets At Fair Value
NetInvestmentHedgeDerivativeAssetsAtFairValue
0
CY2017Q4 us-gaap Net Investment Hedge Derivative Assets At Fair Value
NetInvestmentHedgeDerivativeAssetsAtFairValue
0
CY2018Q3 us-gaap Contractual Obligation
ContractualObligation
73000000
CY2017Q4 us-gaap Contractual Obligation
ContractualObligation
92200000
CY2018Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
19700000
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
19700000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2294235
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
akr Stock Repurchase Program Fees
StockRepurchaseProgramFees
100000
akr Property Operating Expenses And Real Estate Taxes
PropertyOperatingExpensesAndRealEstateTaxes
61706000
CY2018Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
144900000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
12576000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-417000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2652000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2637000
CY2018Q3 akr Share Based Compensation Convertible Feature Operating Partnership Units Shares Converted To Common Stock
ShareBasedCompensationConvertibleFeatureOperatingPartnershipUnitsSharesConvertedToCommonStock
111588
CY2017Q3 akr Share Based Compensation Convertible Feature Operating Partnership Units Shares Converted To Common Stock
ShareBasedCompensationConvertibleFeatureOperatingPartnershipUnitsSharesConvertedToCommonStock
61150
CY2018Q3 akr Denominator For Series Preferred Op Unit Conversion
DenominatorForSeriesPreferredOPUnitConversion
7500
CY2018Q3 akr Number Of Shopping Centers With Land Leases
NumberOfShoppingCentersWithLandLeases
6
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1000000
akr Capitalized Rent Expense
CapitalizedRentExpense
500000
akr Capitalized Rent Expense
CapitalizedRentExpense
400000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
700000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
700000
us-gaap Debt Instrument Term
DebtInstrumentTerm
P49Y
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
43085000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
179408000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
167449000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
148797000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
130052000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
576090000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1244881000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1216000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4775000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4571000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4354000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4404000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
184652000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
203972000
CY2018Q3 akr Property Operating Expenses And Real Estate Taxes
PropertyOperatingExpensesAndRealEstateTaxes
22469000
CY2017Q3 akr Property Operating Expenses And Real Estate Taxes
PropertyOperatingExpensesAndRealEstateTaxes
18489000
CY2018Q3 akr Real Estate Investment Property And Development In Process At Cost
RealEstateInvestmentPropertyAndDevelopmentInProcessAtCost
3613174000
akr Property Operating Expenses And Real Estate Taxes
PropertyOperatingExpensesAndRealEstateTaxes
55427000
CY2017Q3 us-gaap Assets
Assets
4092957000
us-gaap Trustee Fees
TrusteeFees
900000
us-gaap Trustee Fees
TrusteeFees
900000
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
18100000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.15
akr Employee Stock Ownership Plan Allowable Share Purchase Amount Per Annum Maximum
EmployeeStockOwnershipPlanAllowableSharePurchaseAmountPerAnnumMaximum
25000
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.15
us-gaap Conversion Of Stock Description
ConversionOfStockDescription
The effect of the conversion of Common OP Units is not reflected in the computation of basic and diluted earnings per share, as they are exchangeable for Common Shares on a one-for-one basis.
akr Conversion Of Common Op Units To Common Shares
ConversionOfCommonOPUnitsToCommonShares
1
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9225000

Files In Submission

Name View Source Status
0001564590-18-025435-index-headers.html Edgar Link pending
0001564590-18-025435-index.html Edgar Link pending
0001564590-18-025435.txt Edgar Link pending
0001564590-18-025435-xbrl.zip Edgar Link pending
akr-10q_20180930.htm Edgar Link pending
akr-20180930.xml Edgar Link completed
akr-20180930.xsd Edgar Link pending
akr-20180930_cal.xml Edgar Link unprocessable
akr-20180930_def.xml Edgar Link unprocessable
akr-20180930_lab.xml Edgar Link unprocessable
akr-20180930_pre.xml Edgar Link unprocessable
akr-ex1014_325.htm Edgar Link pending
akr-ex311_8.htm Edgar Link pending
akr-ex312_9.htm Edgar Link pending
akr-ex321_6.htm Edgar Link pending
akr-ex322_7.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending