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10-Q Filing

AGREE REALTY CORP CIK: 917251 Q2 2024
Filing Information
Form Type 10-Q
Accession Number 0001558370-24-009974
Period End Date 20240630
Filing Date 20240723
Fiscal Year 2024
Fiscal Period Q2
XBRL Instance adc-20240630x10q_htm.xml
Filing Contents
Balance Sheet 158 line items
Line Item Tag Value Unit Period
Land Land $2.34B USD Point-in-time
Land Land $2.34B USD Point-in-time
Land Land $2.28B USD Point-in-time
Land Land $2.28B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $4.86B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $4.86B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $5.06B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $5.06B USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $494.74M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $494.74M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $433.96M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $433.96M USD Point-in-time
Real estate investments excluding property under development RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation $6.91B USD Point-in-time
Real estate investments excluding property under development RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation $6.91B USD Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $408.97M USD Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $408.97M 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
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
Below market lease, accumulated amortization (in dollars) BelowMarketLeaseAccumulatedAmortization $43.86M USD Point-in-time
Below market lease, accumulated amortization (in dollars) BelowMarketLeaseAccumulatedAmortization $43.86M USD Point-in-time
Property under development DevelopmentInProcess $44.84M USD Point-in-time
Property under development DevelopmentInProcess $44.84M 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 $33.23M USD Point-in-time
Property under development DevelopmentInProcess $33.23M USD Point-in-time
Net Real Estate Investments RealEstateInvestmentPropertyNet $6.95B USD Point-in-time
Net Real Estate Investments RealEstateInvestmentPropertyNet $6.95B 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
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, 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 $3.64M USD Point-in-time
Real Estate Held for Sale, net RealEstateHeldForSaleNetTotal $3.64M 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 and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $9.64M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $9.64M USD Point-in-time
Cash Held in Escrow EscrowDeposit $3.62M USD Point-in-time
Cash Held in Escrow EscrowDeposit $3.62M USD Point-in-time
Cash Held in Escrow EscrowDeposit $14.62M USD Point-in-time
Cash Held in Escrow EscrowDeposit $14.62M 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
Accounts Receivable - Tenants, net AccountsReceivableNet $94.85M USD Point-in-time
Accounts Receivable - Tenants, net AccountsReceivableNet $94.85M 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
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 $408,969 and $360,061 at June 30, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $837.99M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $408,969 and $360,061 at June 30, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $837.99M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $408,969 and $360,061 at June 30, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $854.09M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $408,969 and $360,061 at June 30, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $854.09M 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
Other Assets, net OtherAssets $91.11M USD Point-in-time
Other Assets, net OtherAssets $91.11M USD 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
Common stock, shares issued CommonStockSharesIssued 100.62M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 100.62M shares Point-in-time
Total Assets Assets $7.77B USD Point-in-time
Total Assets Assets $7.77B USD Point-in-time
Total Assets Assets $8.00B USD Point-in-time
Total Assets Assets $8.00B 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 100.62M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 100.62M 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 $42.52M USD Point-in-time
Mortgage Notes Payable, net SecuredDebt $42.52M 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 $347.12M USD Point-in-time
Unsecured Term Loan, net UnsecuredDebt $347.12M USD Point-in-time
Senior Unsecured Notes, net SeniorNotes $2.24B USD Point-in-time
Senior Unsecured Notes, net SeniorNotes $2.24B 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 $43.00M USD Point-in-time
Unsecured Revolving Credit Facility LineOfCredit $43.00M 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 $25.53M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $25.53M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $25.86M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $25.86M 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 $106.06M USD Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $106.06M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $43,860 and $42,813 at June 30, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.83M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $43,860 and $42,813 at June 30, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.83M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $43,860 and $42,813 at June 30, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.98M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $43,860 and $42,813 at June 30, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.98M 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 $2.84B USD Point-in-time
Total Liabilities Liabilities $2.84B 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 June 30, 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 June 30, 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 June 30, 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 June 30, 2024 and December 31, 2023 PreferredStockValue $175.00M USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,624,624 and 100,519,355 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,624,624 and 100,519,355 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,624,624 and 100,519,355 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 100,624,624 and 100,519,355 shares issued and outstanding at June 30, 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 $5.36B USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $5.36B USD Point-in-time
Dividends in excess of net income AccumulatedDistributionsInExcessOfNetIncome $400.81M USD Point-in-time
Dividends in excess of net income AccumulatedDistributionsInExcessOfNetIncome $400.81M 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
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $30.91M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $30.91M 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 $5.16B USD Point-in-time
Total Equity - Agree Realty Corporation StockholdersEquity $5.16B 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 $819.00K USD Point-in-time
Non-controlling interest MinorityInterest $819.00K USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B 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 $4.63B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B 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 $4.98B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.98B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $8.00B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $8.00B 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
Income Statement 254 line items
Line Item Tag Value Unit Period
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $152.42M USD 1 Quarter
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $152.42M USD 1 Quarter
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $256.49M USD 2 Qtrs
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $256.49M USD 2 Qtrs
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $129.88M USD 1 Quarter
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $129.88M USD 1 Quarter
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $301.85M USD 2 Qtrs
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $301.85M USD 2 Qtrs
Other RevenueNotFromContractWithCustomerOther $182.00K USD 2 Qtrs
Other RevenueNotFromContractWithCustomerOther $182.00K USD 2 Qtrs
Other RevenueNotFromContractWithCustomerOther $24.00K USD 1 Quarter
Other RevenueNotFromContractWithCustomerOther $24.00K USD 1 Quarter
Other RevenueNotFromContractWithCustomerOther $33.00K USD 2 Qtrs
Other RevenueNotFromContractWithCustomerOther $33.00K USD 2 Qtrs
Other RevenueNotFromContractWithCustomerOther $151.00K USD 1 Quarter
Other RevenueNotFromContractWithCustomerOther $151.00K USD 1 Quarter
Total Revenues Revenues $302.03M USD 2 Qtrs
Total Revenues Revenues $302.03M USD 2 Qtrs
Total Revenues Revenues $129.90M USD 1 Quarter
Total Revenues Revenues $129.90M USD 1 Quarter
Total Revenues Revenues $152.57M USD 1 Quarter
Total Revenues Revenues $152.57M USD 1 Quarter
Total Revenues Revenues $256.52M USD 2 Qtrs
Total Revenues Revenues $256.52M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $10.72M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $10.72M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $21.42M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $21.42M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $19.30M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $19.30M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $9.87M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $9.87M USD 1 Quarter
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $12.60M USD 2 Qtrs
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $12.60M USD 2 Qtrs
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $13.86M USD 2 Qtrs
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $13.86M USD 2 Qtrs
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $5.82M USD 1 Quarter
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $5.82M USD 1 Quarter
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $6.49M USD 1 Quarter
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $6.49M USD 1 Quarter
Land lease expense OperatingLeaseExpense $840.00K USD 2 Qtrs
Land lease expense OperatingLeaseExpense $840.00K USD 2 Qtrs
Land lease expense OperatingLeaseExpense $415.00K USD 1 Quarter
Land lease expense OperatingLeaseExpense $415.00K USD 1 Quarter
Land lease expense OperatingLeaseExpense $830.00K USD 2 Qtrs
Land lease expense OperatingLeaseExpense $830.00K USD 2 Qtrs
Land lease expense OperatingLeaseExpense $410.00K USD 1 Quarter
Land lease expense OperatingLeaseExpense $410.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $9.71M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $9.71M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $19.22M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $19.22M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $8.42M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.42M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $17.24M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $17.24M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $98.92M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $98.92M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $42.75M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $42.75M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $50.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $50.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $83.40M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $83.40M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $4.53M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $4.53M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse - USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse - USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $158.78M USD 2 Qtrs
Total Operating Expenses CostsAndExpenses $158.78M USD 2 Qtrs
Total Operating Expenses CostsAndExpenses $77.78M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $77.78M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $134.70M USD 2 Qtrs
Total Operating Expenses CostsAndExpenses $134.70M USD 2 Qtrs
Total Operating Expenses CostsAndExpenses $68.59M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $68.59M USD 1 Quarter
Gain on sale of assets, net GainsLossesOnSalesOfAssets $9.25M USD 2 Qtrs
Gain on sale of assets, net GainsLossesOnSalesOfAssets $9.25M USD 2 Qtrs
Gain on sale of assets, net GainsLossesOnSalesOfAssets $319.00K USD 1 Quarter
Gain on sale of assets, net GainsLossesOnSalesOfAssets $319.00K USD 1 Quarter
Gain on sale of assets, net GainsLossesOnSalesOfAssets $7.16M USD 1 Quarter
Gain on sale of assets, net GainsLossesOnSalesOfAssets $7.16M USD 1 Quarter
Gain on sale of assets, net GainsLossesOnSalesOfAssets $319.00K USD 2 Qtrs
Gain on sale of assets, net GainsLossesOnSalesOfAssets $319.00K USD 2 Qtrs
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $20.00K USD 1 Quarter
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $20.00K USD 1 Quarter
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-35.00K USD 2 Qtrs
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-35.00K USD 2 Qtrs
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets - USD 1 Quarter
Gain (loss) on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets - USD 1 Quarter
Income from Operations OperatingIncomeLoss $61.63M USD 1 Quarter
Income from Operations OperatingIncomeLoss $61.63M USD 1 Quarter
Income from Operations OperatingIncomeLoss $81.97M USD 1 Quarter
Income from Operations OperatingIncomeLoss $81.97M USD 1 Quarter
Income from Operations OperatingIncomeLoss $152.47M USD 2 Qtrs
Income from Operations OperatingIncomeLoss $152.47M USD 2 Qtrs
Income from Operations OperatingIncomeLoss $122.14M USD 2 Qtrs
Income from Operations OperatingIncomeLoss $122.14M USD 2 Qtrs
Interest expense, net InterestExpenseNonoperating $19.95M USD 1 Quarter
Interest expense, net InterestExpenseNonoperating $19.95M USD 1 Quarter
Interest expense, net InterestExpenseNonoperating $26.42M USD 1 Quarter
Interest expense, net InterestExpenseNonoperating $26.42M USD 1 Quarter
Interest expense, net InterestExpenseNonoperating $37.95M USD 2 Qtrs
Interest expense, net InterestExpenseNonoperating $37.95M USD 2 Qtrs
Interest expense, net InterestExpenseNonoperating $50.87M USD 2 Qtrs
Interest expense, net InterestExpenseNonoperating $50.87M USD 2 Qtrs
Income and other tax expense IncomeTaxExpenseBenefit $709.00K USD 1 Quarter
Income and other tax expense IncomeTaxExpenseBenefit $709.00K USD 1 Quarter
Income and other tax expense IncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Income and other tax expense IncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Income and other tax expense IncomeTaxExpenseBenefit $2.15M USD 2 Qtrs
Income and other tax expense IncomeTaxExpenseBenefit $2.15M USD 2 Qtrs
Income and other tax expense IncomeTaxExpenseBenefit $1.49M USD 2 Qtrs
Income and other tax expense IncomeTaxExpenseBenefit $1.49M USD 2 Qtrs
Other income OtherNonoperatingIncomeExpense $91.00K USD 2 Qtrs
Other income OtherNonoperatingIncomeExpense $91.00K USD 2 Qtrs
Other income OtherNonoperatingIncomeExpense $366.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $366.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $483.00K USD 2 Qtrs
Other income OtherNonoperatingIncomeExpense $483.00K USD 2 Qtrs
Other income OtherNonoperatingIncomeExpense $43.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $43.00K USD 1 Quarter
Net Income ProfitLoss $82.79M USD 2 Qtrs
Net Income ProfitLoss $82.79M USD 2 Qtrs
Net Income ProfitLoss $41.77M USD 1 Quarter
Net Income ProfitLoss $41.77M USD 1 Quarter
Net Income ProfitLoss $41.02M USD 1 Quarter
Net Income ProfitLoss $41.02M USD 1 Quarter
Net Income ProfitLoss $54.91M USD 1 Quarter
Net Income ProfitLoss $54.91M USD 1 Quarter
Net Income ProfitLoss $99.93M USD 2 Qtrs
Net Income ProfitLoss $99.93M USD 2 Qtrs
Net Income ProfitLoss $45.01M USD 1 Quarter
Net Income ProfitLoss $45.01M USD 1 Quarter
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $147.00K USD 1 Quarter
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $147.00K USD 1 Quarter
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $307.00K USD 2 Qtrs
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $307.00K USD 2 Qtrs
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $344.00K USD 2 Qtrs
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $344.00K USD 2 Qtrs
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $189.00K USD 1 Quarter
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $189.00K USD 1 Quarter
Net income attributable to Agree Realty Corporation NetIncomeLoss $82.48M USD 2 Qtrs
Net income attributable to Agree Realty Corporation NetIncomeLoss $82.48M USD 2 Qtrs
Net income attributable to Agree Realty Corporation NetIncomeLoss $99.58M USD 2 Qtrs
Net income attributable to Agree Realty Corporation NetIncomeLoss $99.58M USD 2 Qtrs
Net income attributable to Agree Realty Corporation NetIncomeLoss $54.72M USD 1 Quarter
Net income attributable to Agree Realty Corporation NetIncomeLoss $54.72M USD 1 Quarter
Net income attributable to Agree Realty Corporation NetIncomeLoss $40.87M USD 1 Quarter
Net income attributable to Agree Realty Corporation NetIncomeLoss $40.87M 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
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $3.72M USD 2 Qtrs
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $3.72M USD 2 Qtrs
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $3.72M USD 2 Qtrs
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $3.72M USD 2 Qtrs
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $39.01M USD 1 Quarter
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $39.01M USD 1 Quarter
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $78.76M USD 2 Qtrs
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $78.76M USD 2 Qtrs
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $52.87M USD 1 Quarter
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $52.87M USD 1 Quarter
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $95.86M USD 2 Qtrs
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $95.86M USD 2 Qtrs
Basic EarningsPerShareBasic $0.86 USD 2 Qtrs
Basic EarningsPerShareBasic $0.86 USD 2 Qtrs
Basic EarningsPerShareBasic $0.53 USD 1 Quarter
Basic EarningsPerShareBasic $0.53 USD 1 Quarter
Basic EarningsPerShareBasic $0.95 USD 2 Qtrs
Basic EarningsPerShareBasic $0.95 USD 2 Qtrs
Basic EarningsPerShareBasic $0.42 USD 1 Quarter
Basic EarningsPerShareBasic $0.42 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.95 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.95 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.52 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.52 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.86 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.86 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.42 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.42 USD 1 Quarter
Net income ProfitLoss $82.79M USD 2 Qtrs
Net income ProfitLoss $82.79M USD 2 Qtrs
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $45.01M USD 1 Quarter
Net income ProfitLoss $45.01M USD 1 Quarter
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-675.00K USD 1 Quarter
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-675.00K USD 1 Quarter
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-1.30M USD 2 Qtrs
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-1.30M USD 2 Qtrs
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-1.26M USD 2 Qtrs
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-1.26M USD 2 Qtrs
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-630.00K USD 1 Quarter
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-630.00K USD 1 Quarter
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $4.17M USD 1 Quarter
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $4.17M USD 1 Quarter
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.34M USD 1 Quarter
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.34M USD 1 Quarter
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $15.72M USD 2 Qtrs
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $15.72M USD 2 Qtrs
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.34M USD 2 Qtrs
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.34M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $58.41M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $58.41M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $114.34M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $114.34M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $84.87M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $84.87M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $43.73M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $43.73M USD 1 Quarter
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $394.00K USD 2 Qtrs
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $394.00K USD 2 Qtrs
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $201.00K USD 1 Quarter
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $201.00K USD 1 Quarter
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $157.00K USD 1 Quarter
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $157.00K USD 1 Quarter
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $315.00K USD 2 Qtrs
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $315.00K USD 2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $113.94M USD 2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $113.94M USD 2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $58.21M USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $58.21M USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $43.57M USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $43.57M USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $84.56M USD 2 Qtrs
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $84.56M USD 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 100.35M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 100.35M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 93.05M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 93.05M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 100.32M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 100.32M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 91.55M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 91.55M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 93.13M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 93.13M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.45M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.45M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 91.86M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 91.86M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.42M shares 2 Qtrs
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.42M shares 2 Qtrs
Cash Flow Statement 164 line items
Line Item Tag Value Unit Period
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.20M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.20M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $701.00K USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $701.00K USD Point-in-time
Net income ProfitLoss $82.79M USD 2 Qtrs
Net income ProfitLoss $82.79M USD 2 Qtrs
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $45.01M USD 1 Quarter
Net income ProfitLoss $45.01M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $98.92M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $98.92M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $42.75M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $42.75M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $50.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $50.45M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $83.40M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $83.40M USD 2 Qtrs
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $16.59M USD 2 Qtrs
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $16.59M USD 2 Qtrs
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $17.32M USD 2 Qtrs
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $17.32M USD 2 Qtrs
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $2.65M USD 2 Qtrs
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $2.65M USD 2 Qtrs
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $2.23M USD 2 Qtrs
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $2.23M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $4.01M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $4.01M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $5.21M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $5.21M USD 2 Qtrs
Straight-line accrued rent StraightLineRent $6.15M USD 2 Qtrs
Straight-line accrued rent StraightLineRent $6.15M USD 2 Qtrs
Straight-line accrued rent StraightLineRent $6.34M USD 2 Qtrs
Straight-line accrued rent StraightLineRent $6.34M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $4.53M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $4.53M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse - USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse - USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 2 Qtrs
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 1 Quarter
Provision for impairment ImpairmentOfLongLivedAssetsHeldForUse $1.31M USD 1 Quarter
Gain on sale of assets GainLossOnDispositionOfAssets1 $9.25M USD 2 Qtrs
Gain on sale of assets GainLossOnDispositionOfAssets1 $9.25M USD 2 Qtrs
Gain on sale of assets GainLossOnDispositionOfAssets1 $319.00K USD 2 Qtrs
Gain on sale of assets GainLossOnDispositionOfAssets1 $319.00K USD 2 Qtrs
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $-945.00K USD 2 Qtrs
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $-945.00K USD 2 Qtrs
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $6.35M USD 2 Qtrs
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $6.35M USD 2 Qtrs
Change in other assets IncreaseDecreaseInOtherOperatingAssets $5.55M USD 2 Qtrs
Change in other assets IncreaseDecreaseInOtherOperatingAssets $5.55M USD 2 Qtrs
Change in other assets IncreaseDecreaseInOtherOperatingAssets $10.37M USD 2 Qtrs
Change in other assets IncreaseDecreaseInOtherOperatingAssets $10.37M USD 2 Qtrs
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $-215.00K USD 2 Qtrs
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $-215.00K USD 2 Qtrs
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $8.56M USD 2 Qtrs
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $8.56M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $183.73M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $183.73M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $200.12M USD 2 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $200.12M USD 2 Qtrs
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $610.59M USD 2 Qtrs
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $610.59M USD 2 Qtrs
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $316.91M USD 2 Qtrs
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $316.91M USD 2 Qtrs
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $701 in 2024 and $1,203 in 2023) PaymentsToDevelopRealEstateAssets $29.32M USD 2 Qtrs
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $701 in 2024 and $1,203 in 2023) PaymentsToDevelopRealEstateAssets $29.32M USD 2 Qtrs
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $701 in 2024 and $1,203 in 2023) PaymentsToDevelopRealEstateAssets $55.81M USD 2 Qtrs
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $701 in 2024 and $1,203 in 2023) PaymentsToDevelopRealEstateAssets $55.81M USD 2 Qtrs
Payment of leasing costs PaymentsForLeasingCosts $36.00K USD 2 Qtrs
Payment of leasing costs PaymentsForLeasingCosts $36.00K USD 2 Qtrs
Payment of leasing costs PaymentsForLeasingCosts $696.00K USD 2 Qtrs
Payment of leasing costs PaymentsForLeasingCosts $696.00K USD 2 Qtrs
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $56.68M USD 2 Qtrs
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $56.68M USD 2 Qtrs
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $3.07M USD 2 Qtrs
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $3.07M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-290.24M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-290.24M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-663.37M USD 2 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-663.37M USD 2 Qtrs
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $400.24M USD 2 Qtrs
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $400.24M USD 2 Qtrs
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.19M USD 2 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.19M USD 2 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.62M USD 2 Qtrs
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.62M USD 2 Qtrs
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $325.00M USD 2 Qtrs
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $325.00M USD 2 Qtrs
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $636.00M USD 2 Qtrs
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $636.00M USD 2 Qtrs
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $509.00M USD 2 Qtrs
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $509.00M USD 2 Qtrs
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $433.00M USD 2 Qtrs
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $433.00M USD 2 Qtrs
Payments of mortgage notes payable RepaymentsOfSecuredDebt $445.00K USD 2 Qtrs
Payments of mortgage notes payable RepaymentsOfSecuredDebt $445.00K USD 2 Qtrs
Payments of mortgage notes payable RepaymentsOfSecuredDebt $474.00K USD 2 Qtrs
Payments of mortgage notes payable RepaymentsOfSecuredDebt $474.00K USD 2 Qtrs
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $444.72M USD 2 Qtrs
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $444.72M USD 2 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $133.11M USD 2 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $133.11M USD 2 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $149.87M USD 2 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $149.87M USD 2 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $266.00K USD 2 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $266.00K USD 2 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $517.00K USD 2 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $517.00K USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts $4.10M USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts $4.10M USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts $98.00K USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts $98.00K USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $462.98M USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $462.98M USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $99.85M USD 2 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $99.85M USD 2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-16.66M USD 2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-16.66M USD 2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $9.73M USD 2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $9.73M USD 2 Qtrs
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.25M 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, 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, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $24.25M 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 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 paid for interest (net of amounts capitalized) InterestPaidNet $56.65M USD 2 Qtrs
Cash paid for interest (net of amounts capitalized) InterestPaidNet $56.65M USD 2 Qtrs
Cash paid for interest (net of amounts capitalized) InterestPaidNet $47.05M USD 2 Qtrs
Cash paid for interest (net of amounts capitalized) InterestPaidNet $47.05M USD 2 Qtrs
Cash paid for income tax IncomeTaxesPaidNet $4.09M USD 2 Qtrs
Cash paid for income tax IncomeTaxesPaidNet $4.09M USD 2 Qtrs
Cash paid for income tax IncomeTaxesPaidNet $3.02M USD 2 Qtrs
Cash paid for income tax IncomeTaxesPaidNet $3.02M USD 2 Qtrs
Stock dividends declared and unpaid DividendsPayableCurrentAndNoncurrent $25.53M USD Point-in-time
Stock dividends declared and unpaid DividendsPayableCurrentAndNoncurrent $25.53M USD Point-in-time
Stock dividends declared and unpaid DividendsPayableCurrentAndNoncurrent $25.86M USD Point-in-time
Stock dividends declared and unpaid DividendsPayableCurrentAndNoncurrent $25.86M USD Point-in-time
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $9.39M USD 2 Qtrs
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $9.39M USD 2 Qtrs
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $-4.59M USD 2 Qtrs
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $-4.59M USD 2 Qtrs
Additional lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $365.00K USD 2 Qtrs
Additional lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $365.00K USD 2 Qtrs
Stockholders Equity 82 line items
Line Item Tag Value Unit Period
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.75 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.75 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.74 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.74 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.73 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.73 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.72 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.72 USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.80B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.80B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.98B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.98B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $205.10M USD 1 Quarter
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $205.10M USD 1 Quarter
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 $7.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $7.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $2.61M USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $2.61M USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $8.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $8.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $2.18M USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $2.18M USD 1 Quarter
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $17.00K USD 1 Quarter
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $17.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.42M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.42M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.81M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.81M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.18M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.18M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.83M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.83M 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
Common stock dividends and distributions declared for the period DividendsCommonStock $75.73M USD 1 Quarter
Common stock dividends and distributions declared for the period DividendsCommonStock $75.73M USD 1 Quarter
Common stock dividends and distributions declared for the period DividendsCommonStock $68.94M USD 1 Quarter
Common stock dividends and distributions declared for the period DividendsCommonStock $68.94M USD 1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $3.50M USD 1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $3.50M USD 1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $2.71M USD 1 Quarter
Amortization, changes in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $2.71M 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 $82.79M USD 2 Qtrs
Net income ProfitLoss $82.79M USD 2 Qtrs
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.77M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $41.02M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $54.91M USD 1 Quarter
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $99.93M USD 2 Qtrs
Net income ProfitLoss $45.01M USD 1 Quarter
Net income ProfitLoss $45.01M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.16B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.80B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.80B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.98B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.98B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time

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

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