10-Q Filing

AGREE REALTY CORP CIK: 917251 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-006188`
Period End Date	20190630
Filing Date	20190722
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	adc-20190630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 110 Cash Flow Statement 83 Stockholders Equity 38

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$638.95M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$62.54M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$75.00M	USD	Point-in-time
Land	`Land`	$553.70M	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$1.19B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$1.38B	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$15.18M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$17.43M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$112.95M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$100.31M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$1.90B	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$1.65B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	45.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	37.55M	shares	Point-in-time
Property under development	`DevelopmentInProcess`	$16.95M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.97M	shares	Point-in-time
Property under development	`DevelopmentInProcess`	$12.96M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.97M	shares	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$1.92B	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$1.66B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.55M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Real Estate Held for Sale, net	`RealEstateHeldForSaleNetTotal`	$2.07M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.52M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.95M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$16.91M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$20.00K	USD	Point-in-time
Accounts Receivable - Tenants	`AccountsReceivableNet`	$24.91M	USD	Point-in-time
Accounts Receivable - Tenants	`AccountsReceivableNet`	$21.55M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $74,995 and $62,543 at June 30, 2019 and December 31, 2018, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$280.15M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $74,995 and $62,543 at June 30, 2019 and December 31, 2018, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$307.30M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$11.18M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$29.00M	USD	Point-in-time
Total Assets	`Assets`	$2.30B	USD	Point-in-time
Total Assets	`Assets`	$2.03B	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$60.93M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$59.67M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$256.42M	USD	Point-in-time
Unsecured Term Loans, net	`UnsecuredDebt`	$237.98M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$384.06M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$384.14M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$54.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$19.00M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$21.03M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$24.12M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$21.05M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$48.70M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $17,426 and $15,177 at June 30, 2019 and December 31, 2018, respectively	`BelowMarketLeaseNet`	$27.22M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $17,426 and $15,177 at June 30, 2019 and December 31, 2018, respectively	`BelowMarketLeaseNet`	$27.91M	USD	Point-in-time
Total Liabilities	`Liabilities`	$836.52M	USD	Point-in-time
Total Liabilities	`Liabilities`	$789.70M	USD	Point-in-time
Common stock, $.0001 par value, 90,000,000 shares authorized, 41,967,282 and 37,545,790 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $.0001 par value, 90,000,000 shares authorized, 41,967,282 and 37,545,790 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$1.28B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$1.52B	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$51.30M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$42.95M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.71M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.42M	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$1.24B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.41M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.28M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.24B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$910.12M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.86M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$2.03B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$2.30B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Rental Income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$65.31M	USD	2 Qtrs
Rental Income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$87.22M	USD	2 Qtrs
Rental Income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$44.88M	USD	1 Quarter
Rental Income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$33.08M	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$45.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$49.00K	USD	2 Qtrs
Other	`RevenueNotFromContractWithCustomerOther`	$138.00K	USD	2 Qtrs
Other	`RevenueNotFromContractWithCustomerOther`	$92.00K	USD	1 Quarter
Total Revenues	`Revenues`	$44.92M	USD	1 Quarter
Total Revenues	`Revenues`	$33.17M	USD	1 Quarter
Total Revenues	`Revenues`	$65.45M	USD	2 Qtrs
Total Revenues	`Revenues`	$87.27M	USD	2 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$2.62M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$7.34M	USD	2 Qtrs
Real estate taxes	`RealEstateTaxExpense`	$3.72M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$5.00M	USD	2 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$3.23M	USD	2 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$1.24M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$2.75M	USD	2 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$1.50M	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$176.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$568.00K	USD	2 Qtrs
Land lease expense	`OperatingLeaseExpense`	$372.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$339.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.88M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.91M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.70M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.16M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.16M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.61M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.19M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$21.50M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$41.37M	USD	2 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$31.08M	USD	2 Qtrs
Total Operating Expenses	`CostsAndExpenses`	$16.36M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$16.81M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$45.90M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$34.36M	USD	2 Qtrs
Income from Operations	`OperatingIncomeLoss`	$23.42M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$7.46M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$11.43M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$5.96M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$15.01M	USD	2 Qtrs
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.95M	USD	1 Quarter
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.43M	USD	1 Quarter
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$7.03M	USD	2 Qtrs
Gain (loss) on sale of assets, net	`GainsLossesOnSalesOfAssets`	$6.38M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$216.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$266.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$195.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$13.07M	USD	1 Quarter
Net Income	`ProfitLoss`	$16.64M	USD	1 Quarter
Net Income	`ProfitLoss`	$18.52M	USD	1 Quarter
Net Income	`ProfitLoss`	$37.24M	USD	2 Qtrs
Net Income	`ProfitLoss`	$29.70M	USD	2 Qtrs
Net Income	`ProfitLoss`	$18.72M	USD	1 Quarter
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$327.00K	USD	2 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$145.00K	USD	1 Quarter
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$329.00K	USD	2 Qtrs
Less Net Income Attributable to Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$158.00K	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$29.38M	USD	2 Qtrs
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$36.91M	USD	2 Qtrs
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$12.92M	USD	1 Quarter
Net Income Attributable to Agree Realty Corporation	`NetIncomeLoss`	$18.56M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.95	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.94	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.92	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Net income	`ProfitLoss`	$13.07M	USD	1 Quarter
Net income	`ProfitLoss`	$16.64M	USD	1 Quarter
Net income	`ProfitLoss`	$18.52M	USD	1 Quarter
Net income	`ProfitLoss`	$37.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$18.72M	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$2.71M	USD	2 Qtrs
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$1.92M	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-3.79M	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$792.00K	USD	1 Quarter
Other Comprehensive Income (Loss) - Change in Fair Value and Settlement of Interest Rate Swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-7.20M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.86M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.04M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.93M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.42M	USD	2 Qtrs
Less Comprehensive Income Attributable to Non-Controlling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$264.00K	USD	2 Qtrs
Less Comprehensive Income Attributable to Non-Controlling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$154.00K	USD	1 Quarter
Less Comprehensive Income Attributable to Non-Controlling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$125.00K	USD	1 Quarter
Less Comprehensive Income Attributable to Non-Controlling Interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$359.00K	USD	2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$13.71M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$29.77M	USD	2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$14.80M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$32.06M	USD	2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.82M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.81M	shares	2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.61M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	39.06M	shares	2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.04M	shares	2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.14M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.22M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.75M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$13.07M	USD	1 Quarter
Net income	`ProfitLoss`	$16.64M	USD	1 Quarter
Net income	`ProfitLoss`	$18.52M	USD	1 Quarter
Net income	`ProfitLoss`	$37.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$18.72M	USD	1 Quarter
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$203.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$292.00K	USD	Point-in-time
Depreciation and amortization	`DepreciationAndAmortization`	$10.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.70M	USD	2 Qtrs
Amortization from above (below) lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$6.50M	USD	2 Qtrs
Amortization from above (below) lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$2.50M	USD	1 Quarter
Amortization from above (below) lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$3.20M	USD	1 Quarter
Amortization from above (below) lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$4.76M	USD	2 Qtrs
Amortization from financing and credit facility costs	`AmortizationOfFinancingCostsAndDiscounts`	$650.00K	USD	2 Qtrs
Amortization from financing and credit facility costs	`AmortizationOfFinancingCostsAndDiscounts`	$500.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.29M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.94M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.16M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.16M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.61M	USD	2 Qtrs
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.19M	USD	1 Quarter
Settlement of interest rate swap	`SettlementOfInterestRateSwap`	$802.00K	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$7.03M	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$6.38M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.14M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.84M	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$754.00K	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$963.00K	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$-4.25M	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$-663.00K	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$37.04M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$57.60M	USD	2 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$320.93M	USD	2 Qtrs
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$199.61M	USD	2 Qtrs
Development of real estate investments and other assets (including capitalized interest of $203 in 2019 and $292 in 2018)	`PaymentsToDevelopRealEstateAssets`	$10.36M	USD	2 Qtrs
Development of real estate investments and other assets (including capitalized interest of $203 in 2019 and $292 in 2018)	`PaymentsToDevelopRealEstateAssets`	$8.82M	USD	2 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$224.00K	USD	2 Qtrs
Payment of leasing costs	`PaymentsForLeasingCosts`	$10.00K	USD	2 Qtrs
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$30.39M	USD	2 Qtrs
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$26.80M	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.05M	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-304.71M	USD	2 Qtrs
Proceeds (costs) from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$-432.00K	USD	2 Qtrs
Proceeds (costs) from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$244.51M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$1.40M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$1.07M	USD	2 Qtrs
Unsecured revolving credit facility borrowings (repayments), net	`ProceedsFromLinesOfCredit`	$152.00M	USD	2 Qtrs
Unsecured revolving credit facility borrowings (repayments), net	`ProceedsFromLinesOfCredit`	$35.00M	USD	2 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$1.35M	USD	2 Qtrs
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$26.27M	USD	2 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	$18.54M	USD	2 Qtrs
Payments of unsecured term loans	`RepaymentsOfUnsecuredDebt`	$381.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$32.26M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$42.18M	USD	2 Qtrs
Distributions to Non-Controlling Interest	`PaymentsToMinorityShareholders`	$386.00K	USD	2 Qtrs
Distributions to Non-Controlling Interest	`PaymentsToMinorityShareholders`	$361.00K	USD	2 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$8.00K	USD	2 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$83.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$91.22M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$215.57M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-49.80M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-31.55M	USD	2 Qtrs
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.99M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.78M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.98M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.99M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.78M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.98M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.43M	USD	Point-in-time
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$15.51M	USD	2 Qtrs
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$10.84M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$748.00K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$368.00K	USD	2 Qtrs
Operating lease right of use assets added upon implementation of leases standard on January 1, 2019	`RightOfUseAssetsAddedUponImplementationOfLease`	$7.50M	USD	2 Qtrs
Additional operating lease right of use assets added under new ground leases after January 1, 2019	`AdditionalRightOfUseAssetsAddedUnderNewGroundLeases`	$12.17M	USD	2 Qtrs
Dividends and limited partners' distributions declared and unpaid	`DividendsCommonStock`	$16.95M	USD	2 Qtrs
Dividends and limited partners' distributions declared and unpaid	`DividendsCommonStock`	$24.12M	USD	2 Qtrs
Accrual of development, construction and other real estate investment costs	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$6.59M	USD	2 Qtrs
Accrual of development, construction and other real estate investment costs	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$570.00K	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$910.12M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.86M	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$-339.00K	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$-93.00K	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$57.84M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$186.67M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$1.07M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$1.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$913.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$686.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$602.00K	USD	1 Quarter
Dividends and distributions declared for the period	`Dividends`	$16.95M	USD	1 Quarter
Dividends and distributions declared for the period	`Dividends`	$21.54M	USD	1 Quarter
Dividends and distributions declared for the period	`Dividends`	$24.12M	USD	1 Quarter
Dividends and distributions declared for the period	`Dividends`	$16.32M	USD	1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$2.71M	USD	2 Qtrs
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$1.92M	USD	1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-3.79M	USD	1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$792.00K	USD	1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-7.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$13.07M	USD	1 Quarter
Net income	`ProfitLoss`	$16.64M	USD	1 Quarter
Net income	`ProfitLoss`	$18.52M	USD	1 Quarter
Net income	`ProfitLoss`	$37.24M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$18.72M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$911.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.24B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$910.12M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.86M	USD	Point-in-time

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