10-Q Filing

AGREE REALTY CORP CIK: 917251 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-18-054726`
Period End Date	20180930
Filing Date	20181022
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	adc-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 116 Cash Flow Statement 85 Stockholders Equity 15

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$473.45M	USD	Point-in-time
Land	`Land`	$405.46M	USD	Point-in-time
Allowance for doubtful accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$296.00K	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$868.40M	USD	Point-in-time
Allowance for doubtful accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$465.00K	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$1.04B	USD	Point-in-time
Accumulated Amortization, Deferred Finance Costs	`AccumulatedAmortizationDeferredFinanceCosts`	$433.00K	USD	Point-in-time
Accumulated Amortization, Deferred Finance Costs	`AccumulatedAmortizationDeferredFinanceCosts`	$744.00K	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$85.24M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$98.05M	USD	Point-in-time
Deferred leasing costs, accumulated amortization (in dollars)	`DeferredCostsLeasingAccumulatedAmortization`	$823.00K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.19B	USD	Point-in-time
Deferred leasing costs, accumulated amortization (in dollars)	`DeferredCostsLeasingAccumulatedAmortization`	$814.00K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.42B	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$25.40M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$7.77M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$57.12M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$41.39M	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$1.21B	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$1.42B	USD	Point-in-time
Below Market Lease, Accumulated Amortization	`BelowMarketLeaseAccumulatedAmortization`	$11.36M	USD	Point-in-time
Below Market Lease, Accumulated Amortization	`BelowMarketLeaseAccumulatedAmortization`	$14.12M	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`	$2.42M	USD	Point-in-time
Real Estate Held For Sale, net	`RealEstateHeldforsale`	$1.37M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.81M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.81M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	31.00M	shares	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$1.44M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	34.48M	shares	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$7.97M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	31.00M	shares	Point-in-time
Accounts Receivable - Tenants, net of allowance of $465 and $296 for possible losses at September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$15.48M	USD	Point-in-time
Accounts Receivable - Tenants, net of allowance of $465 and $296 for possible losses at September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNet`	$19.88M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	34.48M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Credit facility finance costs, net of accumulated amortization of $744 and $433 at September 30, 2018 and December 31, 2017, respectively	`DeferredFinanceCostsNet`	$1.17M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Credit facility finance costs, net of accumulated amortization of $744 and $433 at September 30, 2018 and December 31, 2017, respectively	`DeferredFinanceCostsNet`	$1.27M	USD	Point-in-time
Leasing costs, net of accumulated amortization of $823 and $814 at September 30, 2018 and December 31, 2017, respectively	`DeferredCostsLeasingNet`	$2.58M	USD	Point-in-time
Leasing costs, net of accumulated amortization of $823 and $814 at September 30, 2018 and December 31, 2017, respectively	`DeferredCostsLeasingNet`	$1.58M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $57,121 and $41,390 at September 30, 2018 and December 31, 2017, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$195.16M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $57,121 and $41,390 at September 30, 2018 and December 31, 2017, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$270.61M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeAssetsAtFairValue`	$4.52M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeAssetsAtFairValue`	$1.59M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$4.43M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$5.34M	USD	Point-in-time
Total Assets	`Assets`	$1.49B	USD	Point-in-time
Total Assets	`Assets`	$1.75B	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$88.27M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$61.54M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$157.76M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$158.17M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$384.07M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$259.12M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$14.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$14.00M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$16.30M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$18.81M	USD	Point-in-time
Deferred Revenue	`DeferredRevenue`	$1.08M	USD	Point-in-time
Deferred Revenue	`DeferredRevenue`	$1.84M	USD	Point-in-time
Accrued Interest Payable	`InterestPayableCurrentAndNoncurrent`	$3.41M	USD	Point-in-time
Accrued Interest Payable	`InterestPayableCurrentAndNoncurrent`	$2.71M	USD	Point-in-time
Accounts Payable and Accrued Expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$11.16M	USD	Point-in-time
Accounts Payable and Accrued Expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$12.09M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $14,116 and $11,357 at September 30, 2018 and December 31, 2017, respectively	`BelowMarketLeaseNet`	$30.35M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $14,116 and $11,357 at September 30, 2018 and December 31, 2017, respectively	`BelowMarketLeaseNet`	$27.63M	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeLiabilitiesAtFairValue`	-	USD	Point-in-time
Interest Rate Swaps	`InterestRateDerivativeLiabilitiesAtFairValue`	$242.00K	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilities`	$475.00K	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilities`	$475.00K	USD	Point-in-time
Tenant Deposits	`SecurityDepositLiability`	$102.00K	USD	Point-in-time
Tenant Deposits	`SecurityDepositLiability`	$97.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$583.44M	USD	Point-in-time
Total Liabilities	`Liabilities`	$680.26M	USD	Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 34,481,545 and 31,004,900 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 34,481,545 and 31,004,900 shares issued and outstanding at September 30, 2018 and December 31, 2017, 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`	$1.10B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$936.05M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$35.32M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$28.76M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.51M	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$1.07B	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$908.66M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.53M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.51M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.75B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$33.62M	USD	1 Quarter
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$76.50M	USD	3 Qtrs
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$96.49M	USD	3 Qtrs
Minimum rents	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$27.32M	USD	1 Quarter
Percentage rents	`PercentageRent`	-	USD	1 Quarter
Percentage rents	`PercentageRent`	-	USD	1 Quarter
Percentage rents	`PercentageRent`	$212.00K	USD	3 Qtrs
Percentage rents	`PercentageRent`	$216.00K	USD	3 Qtrs
Operating cost reimbursement	`TenantReimbursement`	$8.02M	USD	3 Qtrs
Operating cost reimbursement	`TenantReimbursement`	$3.65M	USD	1 Quarter
Operating cost reimbursement	`TenantReimbursement`	$10.62M	USD	3 Qtrs
Operating cost reimbursement	`TenantReimbursement`	$2.79M	USD	1 Quarter
Other	`OtherIncome`	$168.00K	USD	3 Qtrs
Other	`OtherIncome`	$299.00K	USD	3 Qtrs
Other	`OtherIncome`	$271.00K	USD	1 Quarter
Other	`OtherIncome`	$30.00K	USD	1 Quarter
Total Revenues	`Revenues`	$30.39M	USD	1 Quarter
Total Revenues	`Revenues`	$37.31M	USD	1 Quarter
Total Revenues	`Revenues`	$85.03M	USD	3 Qtrs
Total Revenues	`Revenues`	$107.49M	USD	3 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$2.15M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$2.82M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$5.99M	USD	3 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$7.83M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$3.91M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.25M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$931.00K	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.64M	USD	3 Qtrs
Land lease expense	`LeaseAndRentalExpense`	$163.00K	USD	1 Quarter
Land lease expense	`LeaseAndRentalExpense`	$511.00K	USD	3 Qtrs
Land lease expense	`LeaseAndRentalExpense`	$172.00K	USD	1 Quarter
Land lease expense	`LeaseAndRentalExpense`	$490.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.99M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$31.74M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.96M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$39.37M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$52.98M	USD	3 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$13.93M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$18.37M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$54.51M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$16.46M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$18.94M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$45.65M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$17.96M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$6.54M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$13.21M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$4.67M	USD	1 Quarter
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$524.00K	USD	1 Quarter
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$3.92M	USD	1 Quarter
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$10.95M	USD	3 Qtrs
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$10.04M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$37.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$125.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$366.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$391.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$4.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$53.00K	USD	1 Quarter
Provision for impairment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Provision for impairment	`AssetImpairmentCharges`	$488.00K	USD	1 Quarter
Provision for impairment	`AssetImpairmentCharges`	-	USD	1 Quarter
Provision for impairment	`AssetImpairmentCharges`	$1.65M	USD	3 Qtrs
Net Income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net Income	`ProfitLoss`	$45.46M	USD	3 Qtrs
Net Income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net Income	`ProfitLoss`	$15.76M	USD	1 Quarter
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$501.00K	USD	3 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$118.00K	USD	1 Quarter
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$499.00K	USD	3 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$170.00K	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$41.62M	USD	3 Qtrs
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$15.59M	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$12.16M	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$44.96M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.43	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.53	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.52	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.42	USD	3 Qtrs
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$45.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.76M	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$203.00K	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$454.00K	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$3.17M	USD	3 Qtrs
Other Comprehensive Income (Loss) - Change in Fair Value of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$533.00K	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$42.65M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$16.21M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$48.63M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$12.49M	USD	1 Quarter
Less Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$149.00K	USD	1 Quarter
Less Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$174.00K	USD	1 Quarter
Less Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$509.00K	USD	3 Qtrs
Less Comprehensive Income Attributable to Non-Controlling Interest	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest`	$534.00K	USD	3 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$12.34M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$16.04M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$48.09M	USD	3 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$42.14M	USD	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic:	`WeightedAverageNumberOfSharesOutstandingBasic`	31.76M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic:	`WeightedAverageNumberOfSharesOutstandingBasic`	28.57M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic:	`WeightedAverageNumberOfSharesOutstandingBasic`	26.99M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic:	`WeightedAverageNumberOfSharesOutstandingBasic`	31.13M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted:	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.66M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted:	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.07M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted:	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.47M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted:	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.29M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$45.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.76M	USD	1 Quarter
Real Estate Inventory, Capitalized Interest Costs	`RealEstateInventoryCapitalizedInterestCosts`	$297.00K	USD	Point-in-time
Real Estate Inventory, Capitalized Interest Costs	`RealEstateInventoryCapitalizedInterestCosts`	$381.00K	USD	Point-in-time
Depreciation	`Depreciation`	$14.37M	USD	3 Qtrs
Depreciation	`Depreciation`	$17.81M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$13.94M	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`	$768.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.17M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.75M	USD	3 Qtrs
Provision for impairment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Provision for impairment	`AssetImpairmentCharges`	$488.00K	USD	1 Quarter
Provision for impairment	`AssetImpairmentCharges`	-	USD	1 Quarter
Provision for impairment	`AssetImpairmentCharges`	$1.65M	USD	3 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$10.95M	USD	3 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$10.04M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.19M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.12M	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$934.00K	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$148.00K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayable`	$1.84M	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayable`	$923.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-758.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-371.00K	USD	3 Qtrs
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$549.00K	USD	3 Qtrs
Increase (decrease) in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-706.00K	USD	3 Qtrs
Increase (decrease) in tenant deposits	`IncreaseDecreaseInSecurityDeposits`	$2.00K	USD	3 Qtrs
Increase (decrease) in tenant deposits	`IncreaseDecreaseInSecurityDeposits`	$5.00K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$64.25M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$55.19M	USD	3 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$352.08M	USD	3 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$241.13M	USD	3 Qtrs
Development of real estate investments and other assets (including capitalized interest of $381 in 2018 and $297 in 2017)	`PaymentsToDevelopRealEstateAssets`	$27.24M	USD	3 Qtrs
Development of real estate investments and other assets (including capitalized interest of $381 in 2018 and $297 in 2017)	`PaymentsToDevelopRealEstateAssets`	$17.39M	USD	3 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$1.19M	USD	3 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$544.00K	USD	3 Qtrs
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$29.41M	USD	3 Qtrs
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$60.04M	USD	3 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-310.63M	USD	3 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-239.50M	USD	3 Qtrs
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$108.00M	USD	Point-in-time
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$159.60M	USD	3 Qtrs
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$136.73M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$1.14M	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`	$260.00M	USD	3 Qtrs
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$260.00M	USD	3 Qtrs
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$198.00M	USD	3 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$26.91M	USD	3 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$1.79M	USD	3 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	$549.00K	USD	3 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	$571.00K	USD	3 Qtrs
Senior unsecured notes proceeds	`ProceedsFromUnsecuredNotesPayable`	$125.00M	USD	3 Qtrs
Senior unsecured notes proceeds	`ProceedsFromUnsecuredNotesPayable`	$100.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$49.02M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$40.39M	USD	3 Qtrs
Distributions to Non-Controlling Interest	`PaymentsToMinorityShareholders`	$549.00K	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`	$568.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$205.84M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$178.21M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-40.53M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.11M	USD	3 Qtrs
Cash and cash equivalents and restricted deposits, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.25M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.40M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.29M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.78M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.25M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.40M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.29M	USD	Point-in-time
Cash and cash equivalents and restricted deposits, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.78M	USD	Point-in-time
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$18.94M	USD	3 Qtrs
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.66M	USD	3 Qtrs
Cash paid (refunded) for income tax	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid (refunded) for income tax	`IncomeTaxesPaidNet`	$387.00K	USD	3 Qtrs
Shares issued under equity incentive plans (in dollars)	`StockIssued1`	$3.02M	USD	3 Qtrs
Shares issued under equity incentive plans (in dollars)	`StockIssued1`	$2.38M	USD	3 Qtrs
Dividends and limited partners' distributions declared and unpaid	`DividendsCommonStock`	$18.81M	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`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$159.60M	USD	3 Qtrs
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$1.14M	USD	3 Qtrs
Issuance of restricted stock under the Omnibus Incentive Plan	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	3 Qtrs
Forfeiture of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.17M	USD	3 Qtrs
Dividends and distributions declared for the period	`Dividends`	$52.07M	USD	3 Qtrs
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$3.17M	USD	3 Qtrs
Net income	`ProfitLoss`	$12.28M	USD	1 Quarter
Net income	`ProfitLoss`	$45.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.76M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time

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