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10-K Filing

AGREE REALTY CORP CIK: 917251 FY 2024
Filing Information
Form Type 10-K
Accession Number 0001558370-25-000803
Period End Date 20241231
Filing Date 20250211
Fiscal Year 2024
Fiscal Period FY
XBRL Instance adc-20241231x10k_htm.xml
Filing Contents
Balance Sheet 158 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 $2.51B USD Point-in-time
Land Land $2.51B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $5.41B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $5.41B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $4.86B USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $4.86B USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $564.43M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $564.43M 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 $6.71B 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 $461.42M USD Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $461.42M USD Point-in-time
Real estate investments excluding property under development RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation $7.36B USD Point-in-time
Real estate investments excluding property under development RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation $7.36B 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
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
Below market lease, accumulated amortization (in dollars) BelowMarketLeaseAccumulatedAmortization $46.00M USD Point-in-time
Below market lease, accumulated amortization (in dollars) BelowMarketLeaseAccumulatedAmortization $46.00M USD Point-in-time
Property under development DevelopmentInProcess $55.81M USD Point-in-time
Property under development DevelopmentInProcess $55.81M 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 $7.42B USD Point-in-time
Net Real Estate Investments RealEstateInvestmentPropertyNet $7.42B 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
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 - USD Point-in-time
Real Estate Held for Sale, net RealEstateHeldForSaleNetTotal - USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $6.40M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $6.40M 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 Escrow EscrowDeposit $3.62M USD Point-in-time
Cash Held in Escrow EscrowDeposit $3.62M 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
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 $106.42M USD Point-in-time
Accounts Receivable - Tenants, net AccountsReceivableNet $106.42M 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 $461,419 and $360,061 at December 31, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $854.09M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $461,419 and $360,061 at December 31, 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
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 $461,419 and $360,061 at December 31, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $864.94M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $461,419 and $360,061 at December 31, 2024 and December 31, 2023, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $864.94M USD 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 107.25M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 107.25M shares Point-in-time
Other Assets, net OtherAssets $90.59M USD Point-in-time
Other Assets, net OtherAssets $90.59M 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
Common stock, shares outstanding CommonStockSharesOutstanding 100.52M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 100.52M shares 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 107.25M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 107.25M shares Point-in-time
Total Assets Assets $8.49B USD Point-in-time
Total Assets Assets $8.49B USD Point-in-time
Mortgage Notes Payable, net SecuredDebt $42.21M USD Point-in-time
Mortgage Notes Payable, net SecuredDebt $42.21M USD 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
Unsecured Term Loan, net UnsecuredDebt $347.45M USD Point-in-time
Unsecured Term Loan, net UnsecuredDebt $347.45M 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
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 $158.00M USD Point-in-time
Unsecured Revolving Credit Facility LineOfCredit $158.00M 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 $27.84M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $27.84M 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 $116.27M USD Point-in-time
Accounts Payable, Accrued Expenses, and Other Liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $116.27M 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
Lease Intangibles, net of accumulated amortization of $46,003 and $42,813 at December 31, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.83M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $46,003 and $42,813 at December 31, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $36.83M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $46,003 and $42,813 at December 31, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $46.25M USD Point-in-time
Lease Intangibles, net of accumulated amortization of $46,003 and $42,813 at December 31, 2024 and December 31, 2023, respectively BelowMarketLeaseNet $46.25M 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 $2.98B USD Point-in-time
Total Liabilities Liabilities $2.98B USD Point-in-time
Commitments and Contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 11) CommitmentsAndContingencies - 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 December 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 December 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 December 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 December 31, 2024 and December 31, 2023 PreferredStockValue $175.00M USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,248,705 and 100,519,355 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,248,705 and 100,519,355 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,248,705 and 100,519,355 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 107,248,705 and 100,519,355 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively CommonStockValue $10.00K USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $5.77B USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $5.77B 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 $470.62M USD Point-in-time
Dividends in excess of net income AccumulatedDistributionsInExcessOfNetIncome $470.62M 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 $40.08M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $40.08M 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 $5.51B USD Point-in-time
Total Equity - Agree Realty Corporation StockholdersEquity $5.51B 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 $615.00K USD Point-in-time
Non-controlling interest MinorityInterest $615.00K USD Point-in-time
Non-controlling interest MinorityInterest $942.00K USD Point-in-time
Non-controlling interest MinorityInterest $942.00K 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 $5.51B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.51B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B 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 $7.77B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.77B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $8.49B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $8.49B USD Point-in-time
Income Statement 186 line items
Line Item Tag Value Unit Period
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $537.40M USD Annual
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $537.40M USD Annual
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $616.82M USD Annual
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $616.82M USD Annual
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $429.63M USD Annual
Rental income RevenueFromContractWithCustomerIncludingAssessedTax $429.63M USD Annual
Other RevenueNotFromContractWithCustomerOther $92.00K USD Annual
Other RevenueNotFromContractWithCustomerOther $92.00K USD Annual
Other RevenueNotFromContractWithCustomerOther $182.00K USD Annual
Other RevenueNotFromContractWithCustomerOther $182.00K USD Annual
Other RevenueNotFromContractWithCustomerOther $273.00K USD Annual
Other RevenueNotFromContractWithCustomerOther $273.00K USD Annual
Total Revenues Revenues $617.10M USD Annual
Total Revenues Revenues $617.10M USD Annual
Total Revenues Revenues $429.81M USD Annual
Total Revenues Revenues $429.81M USD Annual
Total Revenues Revenues $537.50M USD Annual
Total Revenues Revenues $537.50M USD Annual
Real estate taxes RealEstateTaxExpense $40.09M USD Annual
Real estate taxes RealEstateTaxExpense $40.09M USD Annual
Real estate taxes RealEstateTaxExpense $32.08M USD Annual
Real estate taxes RealEstateTaxExpense $32.08M USD Annual
Real estate taxes RealEstateTaxExpense $46.88M USD Annual
Real estate taxes RealEstateTaxExpense $46.88M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $18.59M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $18.59M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $26.35M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $26.35M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $24.96M USD Annual
Property operating expenses OperatingLeaseInitialDirectCostExpenseOverTerm $24.96M USD Annual
Land lease expense OperatingLeaseExpense $1.66M USD Annual
Land lease expense OperatingLeaseExpense $1.66M USD Annual
Land lease expense OperatingLeaseExpense $1.62M USD Annual
Land lease expense OperatingLeaseExpense $1.62M USD Annual
Land lease expense OperatingLeaseExpense $1.62M USD Annual
Land lease expense OperatingLeaseExpense $1.62M USD Annual
General and administrative GeneralAndAdministrativeExpense $37.23M USD Annual
General and administrative GeneralAndAdministrativeExpense $37.23M USD Annual
General and administrative GeneralAndAdministrativeExpense $30.12M USD Annual
General and administrative GeneralAndAdministrativeExpense $30.12M USD Annual
General and administrative GeneralAndAdministrativeExpense $34.79M USD Annual
General and administrative GeneralAndAdministrativeExpense $34.79M USD Annual
Depreciation and amortization DepreciationAndAmortization $176.28M USD Annual
Depreciation and amortization DepreciationAndAmortization $176.28M USD Annual
Depreciation and amortization DepreciationAndAmortization $206.99M USD Annual
Depreciation and amortization DepreciationAndAmortization $206.99M USD Annual
Depreciation and amortization DepreciationAndAmortization $133.57M USD Annual
Depreciation and amortization DepreciationAndAmortization $133.57M USD Annual
Provision for impairment ImpairmentOfRealEstate $1.01M USD Annual
Provision for impairment ImpairmentOfRealEstate $1.01M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.17M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.17M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.22M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.22M USD Annual
Total Operating Expenses CostsAndExpenses $326.29M USD Annual
Total Operating Expenses CostsAndExpenses $326.29M USD Annual
Total Operating Expenses CostsAndExpenses $284.96M USD Annual
Total Operating Expenses CostsAndExpenses $284.96M USD Annual
Total Operating Expenses CostsAndExpenses $216.99M USD Annual
Total Operating Expenses CostsAndExpenses $216.99M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $11.51M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $11.51M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $1.85M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $1.85M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $5.34M USD Annual
Gain on sale of assets, net GainsLossesOnSalesOfAssets $5.34M USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-67.00K USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-67.00K USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets - USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets - USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-83.00K USD Annual
Loss on involuntary conversion, net GainLossOnInvoluntaryConversionOfAssets $-83.00K USD Annual
Income from Operations OperatingIncomeLoss $254.39M USD Annual
Income from Operations OperatingIncomeLoss $254.39M USD Annual
Income from Operations OperatingIncomeLoss $302.24M USD Annual
Income from Operations OperatingIncomeLoss $302.24M USD Annual
Income from Operations OperatingIncomeLoss $218.09M USD Annual
Income from Operations OperatingIncomeLoss $218.09M USD Annual
Interest expense, net InterestExpenseNonoperating $108.90M USD Annual
Interest expense, net InterestExpenseNonoperating $108.90M USD Annual
Interest expense, net InterestExpenseNonoperating $63.44M USD Annual
Interest expense, net InterestExpenseNonoperating $63.44M USD Annual
Interest expense, net InterestExpenseNonoperating $81.12M USD Annual
Interest expense, net InterestExpenseNonoperating $81.12M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $2.86M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $2.86M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $2.91M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $2.91M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $4.31M USD Annual
Income and other tax expense IncomeTaxExpenseBenefit $4.31M USD Annual
Other income OtherNonoperatingIncomeExpense $1.25M USD Annual
Other income OtherNonoperatingIncomeExpense $1.25M USD Annual
Other income OtherNonoperatingIncomeExpense $189.00K USD Annual
Other income OtherNonoperatingIncomeExpense $189.00K USD Annual
Other income OtherNonoperatingIncomeExpense $799.00K USD Annual
Other income OtherNonoperatingIncomeExpense $799.00K USD Annual
Net Income ProfitLoss $189.83M USD Annual
Net Income ProfitLoss $189.83M USD Annual
Net Income ProfitLoss $170.55M USD Annual
Net Income ProfitLoss $170.55M USD Annual
Net Income ProfitLoss $153.03M USD Annual
Net Income ProfitLoss $153.03M USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $588.00K USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $588.00K USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $598.00K USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $598.00K USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $635.00K USD Annual
Less net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $635.00K USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $152.44M USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $152.44M USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $169.96M USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $169.96M USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $189.20M USD Annual
Net income attributable to Agree Realty Corporation NetIncomeLoss $189.20M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Less Series A preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.44M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $145.00M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $145.00M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $181.76M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $181.76M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $162.52M USD Annual
Net Income Attributable to Common Stockholders NetIncomeLossAvailableToCommonStockholdersBasic $162.52M USD Annual
Basic EarningsPerShareBasic $1.70 USD Annual
Basic EarningsPerShareBasic $1.70 USD Annual
Basic EarningsPerShareBasic $1.84 USD Annual
Basic EarningsPerShareBasic $1.84 USD Annual
Basic EarningsPerShareBasic $1.79 USD Annual
Basic EarningsPerShareBasic $1.79 USD Annual
Diluted EarningsPerShareDiluted $1.70 USD Annual
Diluted EarningsPerShareDiluted $1.70 USD Annual
Diluted EarningsPerShareDiluted $1.83 USD Annual
Diluted EarningsPerShareDiluted $1.83 USD Annual
Diluted EarningsPerShareDiluted $1.78 USD Annual
Diluted EarningsPerShareDiluted $1.78 USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $153.03M USD Annual
Net income ProfitLoss $153.03M USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-684.00K USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-684.00K USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-2.52M USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-2.52M USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-2.78M USD Annual
Amortization of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement $-2.78M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $29.88M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $29.88M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $26.38M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $26.38M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.50M USD Annual
Change in fair value and settlement of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.50M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $182.23M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $182.23M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $213.43M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $213.43M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $163.53M USD Annual
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $163.53M USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $741.00K USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $741.00K USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $565.00K USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $565.00K USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $715.00K USD Annual
Less comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $715.00K USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $162.96M USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $162.96M USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $212.72M USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $212.72M USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $181.49M USD Annual
Comprehensive Income Attributable to Agree Realty Corporation ComprehensiveIncomeNetOfTax $181.49M USD Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 78.66M shares Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 78.66M shares Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 95.19M shares Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 95.19M shares Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 101.10M shares Annual
Weighted Average Number of Common Shares Outstanding - Basic WeightedAverageNumberOfSharesOutstandingBasic 101.10M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 95.44M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 95.44M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 101.88M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 101.88M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 79.16M shares Annual
Weighted Average Number of Common Shares Outstanding - Diluted WeightedAverageNumberOfDilutedSharesOutstanding 79.16M shares Annual
Cash Flow Statement 256 line items
Line Item Tag Value Unit Period
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.26M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.26M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.96M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.96M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.60M USD Point-in-time
Real estate inventory, capitalized interest costs RealEstateInventoryCapitalizedInterestCosts $1.60M USD Point-in-time
Mortgage debt discount AmortizationOfDebtDiscountPremium $2.55M USD Annual
Mortgage debt discount AmortizationOfDebtDiscountPremium $2.55M USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $153.03M USD Annual
Net income ProfitLoss $153.03M USD Annual
Depreciation and amortization DepreciationAndAmortization $176.28M USD Annual
Depreciation and amortization DepreciationAndAmortization $176.28M USD Annual
Depreciation and amortization DepreciationAndAmortization $206.99M USD Annual
Depreciation and amortization DepreciationAndAmortization $206.99M USD Annual
Depreciation and amortization DepreciationAndAmortization $133.57M USD Annual
Depreciation and amortization DepreciationAndAmortization $133.57M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.34M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.34M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.24M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.24M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.10M USD Annual
Amortization from above (below) market lease intangibles, net AmortizationOfAboveAndBelowMarketLeases $33.10M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $4.07M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $4.07M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $6.32M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $6.32M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $4.74M USD Annual
Amortization from financing costs, credit facility costs and debt discount AmortizationOfFinancingCostsAndDiscounts $4.74M USD Annual
Stock-based compensation ShareBasedCompensation $10.80M USD Annual
Stock-based compensation ShareBasedCompensation $10.80M USD Annual
Stock-based compensation ShareBasedCompensation $6.46M USD Annual
Stock-based compensation ShareBasedCompensation $6.46M USD Annual
Stock-based compensation ShareBasedCompensation $8.34M USD Annual
Stock-based compensation ShareBasedCompensation $8.34M USD Annual
Straight-line accrued rent StraightLineRent $12.14M USD Annual
Straight-line accrued rent StraightLineRent $12.14M USD Annual
Straight-line accrued rent StraightLineRent $12.71M USD Annual
Straight-line accrued rent StraightLineRent $12.71M USD Annual
Straight-line accrued rent StraightLineRent $13.18M USD Annual
Straight-line accrued rent StraightLineRent $13.18M USD Annual
Provision for impairment ImpairmentOfRealEstate $1.01M USD Annual
Provision for impairment ImpairmentOfRealEstate $1.01M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.17M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.17M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.22M USD Annual
Provision for impairment ImpairmentOfRealEstate $7.22M USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps $-28.41M USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps $-28.41M USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps $-4.36M USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps $-4.36M USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps - USD Annual
Gain on settlement of interest rate swaps GainLossOnSettlementOfInterestRateSwaps - USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $1.85M USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $1.85M USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $11.51M USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $11.51M USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $5.34M USD Annual
Gain on sale of assets GainLossOnDispositionOfAssets1 $5.34M USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $5.09M USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $5.09M USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $12.09M USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $12.09M USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $-799.00K USD Annual
Change in accounts receivable IncreaseDecreaseInAccountsReceivable $-799.00K USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $-4.89M USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $-4.89M USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $4.80M USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $4.80M USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $-121.00K USD Annual
Change in other assets IncreaseDecreaseInOtherOperatingAssets $-121.00K USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $10.38M USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $10.38M USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $15.05M USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $15.05M USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $14.32M USD Annual
Change in accounts payable, accrued expenses, and other liabilities IncreaseDecreaseInAccountsPayable $14.32M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $431.97M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $431.97M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $362.12M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $362.12M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $391.60M USD Annual
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $391.60M USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $1.58B USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $1.58B USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $877.23M USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $877.23M USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $1.21B USD Annual
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $1.21B USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $82.37M USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $82.37M USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $81.88M USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $81.88M USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $100.11M USD Annual
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $1,599 in 2024, $1,957 in 2023 and $1,261 in 2022) PaymentsToDevelopRealEstateAssets $100.11M USD Annual
Payment of leasing costs PaymentsForLeasingCosts $2.40M USD Annual
Payment of leasing costs PaymentsForLeasingCosts $2.40M USD Annual
Payment of leasing costs PaymentsForLeasingCosts $503.00K USD Annual
Payment of leasing costs PaymentsForLeasingCosts $503.00K USD Annual
Payment of leasing costs PaymentsForLeasingCosts $447.00K USD Annual
Payment of leasing costs PaymentsForLeasingCosts $447.00K USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $13.84M USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $13.84M USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $94.33M USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $94.33M USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $44.91M USD Annual
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $44.91M USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.62B USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.62B USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-885.41M USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-885.41M USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.27B USD Annual
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.27B USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $1.26B USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $1.26B USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $689.90M USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $689.90M USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $402.94M USD Annual
Proceeds from common stock offerings, net ProceedsFromIssuanceOfCommonStock $402.94M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $1.91M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $1.91M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.68M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.68M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.28M USD Annual
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.28M USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.23B USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.23B USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.03B USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.03B USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.07B USD Annual
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $1.07B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.09B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.09B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.10B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.10B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.14B USD Annual
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $1.14B USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $24.49M USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $24.49M USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $5.53M USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $5.53M USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $963.00K USD Annual
Payments of mortgage notes payable RepaymentsOfSecuredDebt $963.00K USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt - USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt - USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt $350.00M USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt $350.00M USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt - USD Annual
Proceeds from unsecured term loan ProceedsFromIssuanceOfUnsecuredDebt - USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable - USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable - USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $297.51M USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $297.51M USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $444.72M USD Annual
Proceeds from senior unsecured notes ProceedsFromUnsecuredNotesPayable $444.72M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of Series A preferred dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $7.44M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $277.68M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $277.68M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $303.60M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $303.60M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $220.30M USD Annual
Payment of common stock dividends PaymentsOfDividendsCommonStock $220.30M USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $1.04M USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $1.04M USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $971.00K USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $971.00K USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $1.01M USD Annual
Distributions to non-controlling interest PaymentsToMinorityShareholders $1.01M USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest - USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest - USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest $6.08M USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest $6.08M USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest - USD Annual
Payments for financing lease liability FinanceLeaseAcquiredFeeInterest - USD Annual
Payments for financing costs PaymentsOfFinancingCosts $3.55M USD Annual
Payments for financing costs PaymentsOfFinancingCosts $3.55M USD Annual
Payments for financing costs PaymentsOfFinancingCosts $11.95M USD Annual
Payments for financing costs PaymentsOfFinancingCosts $11.95M USD Annual
Payments for financing costs PaymentsOfFinancingCosts $2.71M USD Annual
Payments for financing costs PaymentsOfFinancingCosts $2.71M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $1.24B USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $1.24B USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $869.01M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $869.01M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $445.31M USD Annual
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $445.31M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-8.12M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-8.12M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-16.34M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-16.34M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-14.38M USD Annual
Decrease in Cash and Cash Equivalents and Cash Held in Escrow CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-14.38M USD Annual
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.40M USD Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.40M 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 $45.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.25M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.40M USD Point-in-time
Cash and cash equivalents and cash held in escrow, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.40M 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 $87.48M USD Annual
Cash paid for interest (net of amounts capitalized) InterestPaidNet $87.48M USD Annual
Cash paid for interest (net of amounts capitalized) InterestPaidNet $58.78M USD Annual
Cash paid for interest (net of amounts capitalized) InterestPaidNet $58.78M USD Annual
Cash paid for interest (net of amounts capitalized) InterestPaidNet $123.69M USD Annual
Cash paid for interest (net of amounts capitalized) InterestPaidNet $123.69M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $2.40M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $2.40M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $3.71M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $3.71M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $3.06M USD Annual
Cash paid for income tax IncomeTaxesPaidNet $3.06M USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $1.82M USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $1.82M USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $3.20M USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases $3.20M USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases - USD Annual
Lease right of use assets added under new ground leases AdditionalRightOfUseAssetsAddedUnderNewGroundLeases - USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty $15.14M USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty $15.14M USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty - USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty - USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty - USD Annual
Lease right of use assets removed as a result of acquisition of real property LeaseRightOfUseAssetsRemovedAsResultOfAcquisitionOfRealProperty - USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 - USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 - USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 $39.70M USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 $39.70M USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 - USD Annual
Mortgage note payable assumed, net $2,548 mortgage debt discount NotesAssumed1 - USD Annual
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $27.84M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $27.84M 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
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $2.79M USD Annual
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $2.79M USD Annual
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $3.20M USD Annual
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $3.20M USD Annual
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $6.62M USD Annual
Change in accrual of development, construction and other real estate investment costs AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts $6.62M USD Annual
Stockholders Equity 74 line items
Line Item Tag Value Unit Period
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $2.92 USD Annual
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $2.92 USD Annual
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $3.00 USD Annual
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $3.00 USD Annual
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.25 USD Point-in-time
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.25 USD Point-in-time
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $2.81 USD Annual
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $2.81 USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.51B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.51B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B 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 $402.94M USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $402.94M USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $689.90M USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $689.90M USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $1.26B USD Annual
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $1.26B USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $2.28M USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $2.28M USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $1.91M USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $1.91M USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $2.68M USD Annual
Repurchase of common shares StockRepurchasedAndRetiredDuringPeriodValue $2.68M USD Annual
Issuance of stock under the 2020 Omnibus Incentive Plan StockIssuedDuringPeriodValueShareBasedCompensationGross $648.00K USD Annual
Issuance of stock under the 2020 Omnibus Incentive Plan StockIssuedDuringPeriodValueShareBasedCompensationGross $648.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $25.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $25.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $11.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $11.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $61.00K USD Annual
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures $61.00K USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.35M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.35M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.83M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.83M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.53M USD Annual
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.53M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Series A preferred dividends declared for the period DividendsPreferredStock $7.44M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $281.88M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $281.88M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $226.74M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $226.74M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $306.95M USD Annual
Common stock dividends and distributions declared for the period DividendsCommonStock $306.95M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $-7.02M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $-7.02M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $23.60M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $23.60M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $29.20M USD Annual
Amortization, changes in fair value, and settlement of interest rate swaps OtherComprehensiveIncomeLossNetOfTax $29.20M USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $189.83M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $170.55M USD Annual
Net income ProfitLoss $153.03M USD Annual
Net income ProfitLoss $153.03M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.51B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.51B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.42B 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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