10-Q Filing

AGREE REALTY CORP CIK: 917251 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001144204-17-053594`
Period End Date	20170930
Filing Date	20171023
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	adc-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 108 Cash Flow Statement 89 Stockholders Equity 15

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$309.69M	USD	Point-in-time
Land	`Land`	$371.05M	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$820.14M	USD	Point-in-time
Allowance for doubtful accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$50.00K	USD	Point-in-time
Allowance for doubtful accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$142.00K	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$703.51M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$80.36M	USD	Point-in-time
Accumulated Amortization, Deferred Finance Costs	`AccumulatedAmortizationDeferredFinanceCosts`	$332.00K	USD	Point-in-time
Accumulated Amortization, Deferred Finance Costs	`AccumulatedAmortizationDeferredFinanceCosts`	$1.26M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$69.70M	USD	Point-in-time
Deferred leasing costs, accumulated amortization (in dollars)	`DeferredCostsLeasingAccumulatedAmortization`	$772.00K	USD	Point-in-time
Deferred leasing costs, accumulated amortization (in dollars)	`DeferredCostsLeasingAccumulatedAmortization`	$677.00K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$943.50M	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.11B	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$25.67M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$10.20M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$36.88M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$6.76M	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$950.26M	USD	Point-in-time
Below Market Lease, Accumulated Amortization	`BelowMarketLeaseAccumulatedAmortization`	$10.25M	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$1.12B	USD	Point-in-time
Below Market Lease, Accumulated Amortization	`BelowMarketLeaseAccumulatedAmortization`	$7.08M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Real Estate Held For Sale, net	`RealEstateHeldforsale`	$9.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Real Estate Held For Sale, net	`RealEstateHeldforsale`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.40M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.49M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.51M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.71M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	29.22M	shares	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$1.78M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	-	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	26.16M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	29.22M	shares	Point-in-time
Accounts Receivable - Tenants, net of allowance of $142 and $50 for possible losses at September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$15.63M	USD	Point-in-time
Accounts Receivable - Tenants, net of allowance of $142 and $50 for possible losses at September 30, 2017 and December 31, 2016, respectively	`AccountsReceivableNet`	$11.54M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	26.16M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Credit facility finance costs, net of accumulated amortization of $332 and $1,262 at September 30, 2017 and December 31, 2016, respectively	`DeferredFinanceCostsNet`	$1.55M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Credit facility finance costs, net of accumulated amortization of $332 and $1,262 at September 30, 2017 and December 31, 2016, respectively	`DeferredFinanceCostsNet`	$1.27M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Leasing costs, net of accumulated amortization of $772 and $677 at September 30, 2017 and December 31, 2016, respectively	`DeferredCostsLeasingNet`	$1.23M	USD	Point-in-time
Leasing costs, net of accumulated amortization of $772 and $677 at September 30, 2017 and December 31, 2016, respectively	`DeferredCostsLeasingNet`	$1.60M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $36,875 and $25,666 at September 30, 2017 and December 31, 2016, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$184.92M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $36,875 and $25,666 at September 30, 2017 and December 31, 2016, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$139.87M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeAssetsAtFairValue`	$1.23M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeAssetsAtFairValue`	$1.41M	USD	Point-in-time
Other Assets	`OtherAssets`	$2.72M	USD	Point-in-time
Other Assets	`OtherAssets`	$4.99M	USD	Point-in-time
Total Assets	`Assets`	$1.14B	USD	Point-in-time
Total Assets	`Assets`	$1.37B	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$67.46M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$69.07M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$158.31M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$158.68M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$159.18M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$259.11M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$14.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	-	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$14.93M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$13.12M	USD	Point-in-time
Deferred Revenue	`DeferredRevenue`	$1.82M	USD	Point-in-time
Deferred Revenue	`DeferredRevenue`	$1.45M	USD	Point-in-time
Accrued Interest Payable	`InterestPayableCurrentAndNoncurrent`	$2.21M	USD	Point-in-time
Accrued Interest Payable	`InterestPayableCurrentAndNoncurrent`	$2.76M	USD	Point-in-time
Capital expenditures	`ConstructionPayableCurrentAndNoncurrent`	$677.00K	USD	Point-in-time
Capital expenditures	`ConstructionPayableCurrentAndNoncurrent`	$145.00K	USD	Point-in-time
Operating	`AccountsPayableCurrentAndNoncurrent`	$4.87M	USD	Point-in-time
Operating	`AccountsPayableCurrentAndNoncurrent`	$7.38M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $10,246 and $7,079 at September 30, 2017 and December 31, 2016, respectively	`BelowMarketLeaseNet`	$30.53M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $10,246 and $7,079 at September 30, 2017 and December 31, 2016, respectively	`BelowMarketLeaseNet`	$30.05M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeLiabilitiesAtFairValue`	$1.28M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeLiabilitiesAtFairValue`	$1.99M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilities`	$705.00K	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilities`	$705.00K	USD	Point-in-time
Tenant Deposits	`SecurityDepositLiability`	$94.00K	USD	Point-in-time
Tenant Deposits	`SecurityDepositLiability`	$96.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$544.16M	USD	Point-in-time
Total Liabilities	`Liabilities`	$456.46M	USD	Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 29,215,835 and 26,164,977 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 29,215,835 and 26,164,977 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized Series A junior participating preferred stock, $.0001 par value, 200,000 authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized Series A junior participating preferred stock, $.0001 par value, 200,000 authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$712.07M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$849.44M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$28.56M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$29.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-536.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.00K	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$820.30M	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$682.98M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.53M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.52M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$685.51M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$822.82M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.37B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$27.32M	USD	1 Quarter
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$76.50M	USD	3 Qtrs
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$60.68M	USD	3 Qtrs
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$22.28M	USD	1 Quarter
Percentage rents	`PercentageRent`	$212.00K	USD	3 Qtrs
Percentage rents	`PercentageRent`	$197.00K	USD	3 Qtrs
Percentage rents	`PercentageRent`	$7.00K	USD	1 Quarter
Percentage rents	`PercentageRent`	-	USD	1 Quarter
Operating cost reimbursement	`TenantReimbursements`	$1.84M	USD	1 Quarter
Operating cost reimbursement	`TenantReimbursements`	$2.79M	USD	1 Quarter
Operating cost reimbursement	`TenantReimbursements`	$5.37M	USD	3 Qtrs
Operating cost reimbursement	`TenantReimbursements`	$8.02M	USD	3 Qtrs
Other income	`OtherIncome`	$30.00K	USD	1 Quarter
Other income	`OtherIncome`	$299.00K	USD	3 Qtrs
Other income	`OtherIncome`	$271.00K	USD	1 Quarter
Other income	`OtherIncome`	$-18.00K	USD	3 Qtrs
Total Revenues	`Revenues`	$85.03M	USD	3 Qtrs
Total Revenues	`Revenues`	$24.16M	USD	1 Quarter
Total Revenues	`Revenues`	$30.39M	USD	1 Quarter
Total Revenues	`Revenues`	$66.23M	USD	3 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$1.47M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$4.04M	USD	3 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$2.15M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$5.99M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.64M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$931.00K	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.67M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$169.00K	USD	1 Quarter
Land lease payments	`LeaseAndRentalExpense`	$490.00K	USD	3 Qtrs
Land lease payments	`LeaseAndRentalExpense`	$490.00K	USD	3 Qtrs
Land lease payments	`LeaseAndRentalExpense`	$163.00K	USD	1 Quarter
Land lease payments	`LeaseAndRentalExpense`	$163.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.02M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.11M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.96M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$13.96M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$39.74M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$29.20M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$9.98M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$14.19M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$16.43M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$45.29M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$37.03M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$4.67M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$11.24M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$13.21M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$4.09M	USD	1 Quarter
Gain (Loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$524.00K	USD	1 Quarter
Gain (Loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$7.13M	USD	3 Qtrs
Gain (Loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$10.04M	USD	3 Qtrs
Gain (Loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$4.42M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net Income	`ProfitLoss`	$14.48M	USD	1 Quarter
Net Income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net Income	`ProfitLoss`	$32.89M	USD	3 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$501.00K	USD	3 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$213.00K	USD	1 Quarter
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$506.00K	USD	3 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$118.00K	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$41.62M	USD	3 Qtrs
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$32.38M	USD	3 Qtrs
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$12.16M	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$14.26M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.47	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.53	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.52	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.46	USD	3 Qtrs
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$14.48M	USD	1 Quarter
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$32.89M	USD	3 Qtrs
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$203.00K	USD	1 Quarter
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-3.24M	USD	3 Qtrs
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	1 Quarter
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$533.00K	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$29.66M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$12.49M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$42.65M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$15.85M	USD	1 Quarter
Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$229.00K	USD	1 Quarter
Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$149.00K	USD	1 Quarter
Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$456.00K	USD	3 Qtrs
Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$509.00K	USD	3 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$12.34M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$29.20M	USD	3 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$15.62M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$42.14M	USD	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.57M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.45M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.03M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.99M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.66M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.07M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.13M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.56M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$14.48M	USD	1 Quarter
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$32.89M	USD	3 Qtrs
Real Estate Inventory, Capitalized Interest Costs	`RealEstateInventoryCapitalizedInterestCosts`	$297.00K	USD	Point-in-time
Real Estate Inventory, Capitalized Interest Costs	`RealEstateInventoryCapitalizedInterestCosts`	$28.00K	USD	Point-in-time
Depreciation	`Depreciation`	$14.37M	USD	3 Qtrs
Depreciation	`Depreciation`	$10.96M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$5.94M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$8.59M	USD	3 Qtrs
Amortization from financing and credit facility costs	`AmortizationOfFinancingCostsAndDiscounts`	$730.00K	USD	3 Qtrs
Amortization from financing and credit facility costs	`AmortizationOfFinancingCostsAndDiscounts`	$523.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.75M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.73M	USD	3 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	3 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-33.00K	USD	1 Quarter
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$7.13M	USD	3 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$10.04M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.20M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.19M	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$148.00K	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-167.00K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.80M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.84M	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-371.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-541.00K	USD	3 Qtrs
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.61M	USD	3 Qtrs
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$549.00K	USD	3 Qtrs
Increase (decrease) in tenant deposits	`IncreaseDecreaseInSecurityDeposits`	$2.00K	USD	3 Qtrs
Increase (decrease) in tenant deposits	`IncreaseDecreaseInSecurityDeposits`	$65.00K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$45.83M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$55.19M	USD	3 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$241.13M	USD	3 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$235.85M	USD	3 Qtrs
Development of real estate investments and other assets (including capitalized interest of $297 in 2017 and $28 in 2016)	`PaymentsToDevelopRealEstateAssets`	$27.24M	USD	3 Qtrs
Development of real estate investments and other assets (including capitalized interest of $297 in 2017 and $28 in 2016)	`PaymentsToDevelopRealEstateAssets`	$20.26M	USD	3 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$544.00K	USD	3 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$648.00K	USD	3 Qtrs
Cash held in escrows on sale of assets	`IncreaseDecreaseInCashEscrows`	$12.29M	USD	3 Qtrs
Cash held in escrows on sale of assets	`IncreaseDecreaseInCashEscrows`	$1.78M	USD	3 Qtrs
(Increase) decrease in Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$29.41M	USD	3 Qtrs
(Increase) decrease in Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$22.10M	USD	3 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-241.28M	USD	3 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-246.96M	USD	3 Qtrs
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$124.10M	USD	3 Qtrs
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$136.73M	USD	3 Qtrs
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$108.20M	USD	Point-in-time
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$712.00K	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$1.11M	USD	3 Qtrs
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$184.00M	USD	3 Qtrs
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$227.00M	USD	3 Qtrs
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$198.00M	USD	3 Qtrs
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$198.00M	USD	3 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$1.79M	USD	3 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$31.06M	USD	3 Qtrs
Unsecured term loan proceeds	`ProceedsFromIssuanceOfUnsecuredDebt`	$60.28M	USD	3 Qtrs
Unsecured term loan proceeds	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	3 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	$549.00K	USD	3 Qtrs
Senior unsecured notes proceeds	`ProceedsFromUnsecuredNotesPayable`	$100.00M	USD	3 Qtrs
Senior unsecured notes proceeds	`ProceedsFromUnsecuredNotesPayable`	$60.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$30.59M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$40.39M	USD	3 Qtrs
Distributions to Non-Controlling Interest	`PaymentsToMinorityShareholders`	$490.00K	USD	3 Qtrs
Distributions to Non-Controlling Interest	`PaymentsToMinorityShareholders`	$520.00K	USD	3 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$159.00K	USD	3 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$624.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$209.90M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$178.21M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.88M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.78M	USD	3 Qtrs
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.40M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.49M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.51M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.71M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.40M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.49M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.51M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.71M	USD	Point-in-time
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$9.16M	USD	3 Qtrs
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.66M	USD	3 Qtrs
Cash paid (refunded) for income tax	`IncomeTaxesPaidNet`	$3.00K	USD	3 Qtrs
Cash paid (refunded) for income tax	`IncomeTaxesPaidNet`	$8.00K	USD	3 Qtrs
Shares issued under equity incentive plans (in dollars)	`StockIssued1`	$3.06M	USD	3 Qtrs
Shares issued under equity incentive plans (in dollars)	`StockIssued1`	$3.02M	USD	3 Qtrs
Dividends and limited partners' distributions declared and unpaid	`DividendsCommonStock`	$11.63M	USD	3 Qtrs
Dividends and limited partners' distributions declared and unpaid	`DividendsCommonStock`	$14.93M	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$685.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$822.82M	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$136.73M	USD	3 Qtrs
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$1.11M	USD	3 Qtrs
Issuance of restricted stock under the Omnibus Incentive Plan	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	3 Qtrs
Forfeiture of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	3 Qtrs
Vesting of restricted stock	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.75M	USD	3 Qtrs
Dividends and distributions declared for the period	`Dividends`	$42.72M	USD	3 Qtrs
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$533.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$14.48M	USD	1 Quarter
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$32.89M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$685.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$822.82M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.