10-Q Filing

AGREE REALTY CORP CIK: 917251 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001558370-24-005482`
Period End Date	20240331
Filing Date	20240423
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	adc-20240331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 156 Income Statement 124 Cash Flow Statement 140 Stockholders Equity 38

Balance Sheet 156 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$2.28B	USD	Point-in-time
Land	`Land`	$2.28B	USD	Point-in-time
Land	`Land`	$2.31B	USD	Point-in-time
Land	`Land`	$2.31B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$4.86B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$4.86B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$4.94B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$4.94B	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$433.96M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$433.96M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$463.83M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$463.83M	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$6.71B	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$6.71B	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$383.46M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$383.46M	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$6.78B	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$6.78B	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$360.06M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$360.06M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$33.23M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$33.23M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$42.81M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$42.81M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$42.11M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$42.11M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$42.68M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$42.68M	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$6.82B	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$6.82B	USD	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
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$6.74B	USD	Point-in-time
Net Real Estate Investments	`RealEstateInvestmentPropertyNet`	$6.74B	USD	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
Real Estate Held for Sale, net	`RealEstateHeldForSaleNetTotal`	$3.64M	USD	Point-in-time
Real Estate Held for Sale, net	`RealEstateHeldForSaleNetTotal`	$3.64M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Real Estate Held for Sale, net	`RealEstateHeldForSaleNetTotal`	$5.42M	USD	Point-in-time
Real Estate Held for Sale, net	`RealEstateHeldForSaleNetTotal`	$5.42M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.31M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.31M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.91M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.91M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$3.62M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$3.62M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$9.12M	USD	Point-in-time
Cash Held in Escrows	`EscrowDeposit`	$9.12M	USD	Point-in-time
Accounts Receivable - Tenants, net	`AccountsReceivableNet`	$91.30M	USD	Point-in-time
Accounts Receivable - Tenants, net	`AccountsReceivableNet`	$91.30M	USD	Point-in-time
Accounts Receivable - Tenants, net	`AccountsReceivableNet`	$82.95M	USD	Point-in-time
Accounts Receivable - Tenants, net	`AccountsReceivableNet`	$82.95M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $383,456 and $360,061 at March 31, 2024 and December 31, 2023, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$840.98M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $383,456 and $360,061 at March 31, 2024 and December 31, 2023, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$840.98M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Lease Intangibles, net of accumulated amortization of $383,456 and $360,061 at March 31, 2024 and December 31, 2023, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$854.09M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $383,456 and $360,061 at March 31, 2024 and December 31, 2023, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$854.09M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$94.06M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$94.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	100.63M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	100.63M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	100.52M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	100.52M	shares	Point-in-time
Other Assets, net	`OtherAssets`	$76.31M	USD	Point-in-time
Other Assets, net	`OtherAssets`	$76.31M	USD	Point-in-time
Total Assets	`Assets`	$7.87B	USD	Point-in-time
Total Assets	`Assets`	$7.87B	USD	Point-in-time
Total Assets	`Assets`	$7.77B	USD	Point-in-time
Total Assets	`Assets`	$7.77B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	100.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	100.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	100.63M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	100.63M	shares	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$42.81M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$42.81M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$42.67M	USD	Point-in-time
Mortgage Notes Payable, net	`SecuredDebt`	$42.67M	USD	Point-in-time
Unsecured Term Loan, net	`UnsecuredDebt`	$346.80M	USD	Point-in-time
Unsecured Term Loan, net	`UnsecuredDebt`	$346.80M	USD	Point-in-time
Unsecured Term Loan, net	`UnsecuredDebt`	$346.95M	USD	Point-in-time
Unsecured Term Loan, net	`UnsecuredDebt`	$346.95M	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$1.79B	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$1.79B	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$1.79B	USD	Point-in-time
Senior Unsecured Notes, net	`SeniorNotes`	$1.79B	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$330.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$330.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$227.00M	USD	Point-in-time
Unsecured Revolving Credit Facility	`LineOfCredit`	$227.00M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$25.56M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$25.56M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$25.53M	USD	Point-in-time
Dividends and Distributions Payable	`DividendsPayableCurrentAndNoncurrent`	$25.53M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$101.40M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$101.40M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$112.39M	USD	Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$112.39M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $42,684 and $42,813 at March 31, 2024 and December 31, 2023, respectively	`BelowMarketLeaseNet`	$36.83M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $42,684 and $42,813 at March 31, 2024 and December 31, 2023, respectively	`BelowMarketLeaseNet`	$36.83M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $42,684 and $42,813 at March 31, 2024 and December 31, 2023, respectively	`BelowMarketLeaseNet`	$36.76M	USD	Point-in-time
Lease Intangibles, net of accumulated amortization of $42,684 and $42,813 at March 31, 2024 and December 31, 2023, respectively	`BelowMarketLeaseNet`	$36.76M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.57B	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.57B	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.69B	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.69B	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2024 and December 31, 2023	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2024 and December 31, 2023	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2024 and December 31, 2023	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2024 and December 31, 2023	`PreferredStockValue`	$175.00M	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,628,975 and 100,519,355 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,628,975 and 100,519,355 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,628,975 and 100,519,355 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,628,975 and 100,519,355 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.35B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.35B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.35B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.35B	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$346.47M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$346.47M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$378.20M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$378.20M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.55M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.55M	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$5.18B	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$5.18B	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$5.20B	USD	Point-in-time
Total Equity - Agree Realty Corporation	`StockholdersEquity`	$5.20B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$942.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$942.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$878.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$878.00K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.77B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.77B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.87B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$7.87B	USD	Point-in-time

Income Statement 124 line items

Line Item	Tag	Value	Unit	Period
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$149.42M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$149.42M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$126.61M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$126.61M	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$9.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$9.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$31.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$31.00K	USD	1 Quarter
Total Revenues	`Revenues`	$149.45M	USD	1 Quarter
Total Revenues	`Revenues`	$149.45M	USD	1 Quarter
Total Revenues	`Revenues`	$126.62M	USD	1 Quarter
Total Revenues	`Revenues`	$126.62M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$9.43M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$9.43M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$10.70M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$10.70M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.37M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.37M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$6.78M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$6.78M	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$430.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$430.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$415.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$415.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$4.53M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$81.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$81.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$66.11M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$66.11M	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	-	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.10M	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.10M	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	$-55.00K	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	$-55.00K	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	-	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	-	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$70.50M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$70.50M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$60.51M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$60.51M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$18.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$18.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$24.45M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$24.45M	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$783.00K	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$783.00K	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$117.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$117.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$48.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$48.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net Income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net Income	`ProfitLoss`	$41.77M	USD	1 Quarter
Net Income	`ProfitLoss`	$41.77M	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$160.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$160.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$155.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$155.00K	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$41.61M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$41.61M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$44.86M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$44.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.00M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.00M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.76M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.76M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.54M	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.54M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.15M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.15M	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$158.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$158.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$193.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$193.00K	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$40.99M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$40.99M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$55.73M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$55.73M	USD	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.28M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.28M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	90.03M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	90.03M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.55M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.55M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.34M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.34M	shares	1 Quarter

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$304.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$304.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$539.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$539.00K	USD	Point-in-time
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.61M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.61M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.29M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.29M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.11M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.11M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.27M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.27M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.83M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.83M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$3.04M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$3.04M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$2.85M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$2.85M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$4.53M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.10M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.10M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.21M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.21M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.68M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.68M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.02M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.02M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.66M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.66M	USD	1 Quarter
Increase in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$15.43M	USD	1 Quarter
Increase in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$15.43M	USD	1 Quarter
Increase in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$15.47M	USD	1 Quarter
Increase in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$15.47M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$94.17M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$94.17M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$103.14M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$103.14M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$303.38M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$303.38M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$128.34M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$128.34M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $304 in 2024 and $539 in 2023)	`PaymentsToDevelopRealEstateAssets`	$18.43M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $304 in 2024 and $539 in 2023)	`PaymentsToDevelopRealEstateAssets`	$18.43M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $304 in 2024 and $539 in 2023)	`PaymentsToDevelopRealEstateAssets`	$27.69M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $304 in 2024 and $539 in 2023)	`PaymentsToDevelopRealEstateAssets`	$27.69M	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$307.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$307.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$38.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$38.00K	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$21.12M	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$21.12M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-331.11M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-331.11M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.97M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.97M	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$195.13M	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$195.13M	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.18M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.18M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.61M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.61M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$200.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$200.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$385.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$385.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$97.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$97.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$289.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$289.00M	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$235.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$235.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$221.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$221.00K	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$65.20M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$65.20M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$74.70M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$74.70M	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$266.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$266.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$258.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$258.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$27.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$27.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$15.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$15.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$23.73M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$23.73M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$220.97M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$220.97M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-15.97M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-15.97M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$910.00K	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$910.00K	USD	1 Quarter
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.94M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.94M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.91M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.91M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.52M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.52M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.94M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.94M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.91M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.91M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.52M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.52M	USD	Point-in-time
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.36M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.36M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$7.04M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$7.04M	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$279.00K	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$279.00K	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$2.69M	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$2.69M	USD	1 Quarter
Stock dividends declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$25.56M	USD	Point-in-time
Stock dividends declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$25.56M	USD	Point-in-time
Stock dividends declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$25.53M	USD	Point-in-time
Stock dividends declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$25.53M	USD	Point-in-time
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$-6.46M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$-6.46M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$12.63M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$12.63M	USD	1 Quarter

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$195.13M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$195.13M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$2.18M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$2.18M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$2.61M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedDuringPeriodValue`	$2.61M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.42M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.42M	USD	1 Quarter
Common stock dividends and distributions declared for the period	`DividendsCommonStock`	$66.19M	USD	1 Quarter
Common stock dividends and distributions declared for the period	`DividendsCommonStock`	$66.19M	USD	1 Quarter
Common stock dividends and distributions declared for the period	`DividendsCommonStock`	$74.99M	USD	1 Quarter
Common stock dividends and distributions declared for the period	`DividendsCommonStock`	$74.99M	USD	1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$10.91M	USD	1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$10.91M	USD	1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-629.00K	USD	1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-629.00K	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Net income	`ProfitLoss`	$41.77M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.80B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time

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