What does this C++ snippet output?

1#include <iostream>
2 
3struct R {
4  int* data;
5  R() : data(new int(42)) { std::cout << "acquire\n"; }
6  ~R() { delete data; std::cout << "release\n"; }
7};
8int main() {
9    {
10      R r;
11      std::cout << *r.data << "\n";
12    }
13    std::cout << "out\n";
14}