10-Q Filing

AGREE REALTY CORP CIK: 917251 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001558370-25-005142`
Period End Date	20250331
Filing Date	20250422
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	adc-20250331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 156 Income Statement 122 Cash Flow Statement 150 Stockholders Equity 52

Balance Sheet 156 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$2.51B	USD	Point-in-time
Land	`Land`	$2.51B	USD	Point-in-time
Land	`Land`	$2.60B	USD	Point-in-time
Land	`Land`	$2.60B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$5.41B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$5.41B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$5.65B	USD	Point-in-time
Buildings	`InvestmentBuildingAndBuildingImprovements`	$5.65B	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$601.09M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$601.09M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$564.43M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$564.43M	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`	$461.42M	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`	$487.85M	USD	Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$487.85M	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$7.65B	USD	Point-in-time
Real estate investments excluding property under development	`RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation`	$7.65B	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$47.00M	USD	Point-in-time
Below market lease, accumulated amortization (in dollars)	`BelowMarketLeaseAccumulatedAmortization`	$47.00M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$50.29M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$50.29M	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
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`	$7.70B	USD	Point-in-time
Net real estate investments	`RealEstateInvestmentPropertyNet`	$7.70B	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`	$7.42B	USD	Point-in-time
Net real estate investments	`RealEstateInvestmentPropertyNet`	$7.42B	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
Real estate held for sale, net	`RealEstateHeldForSaleNetTotal`	$1.28M	USD	Point-in-time
Real estate held for sale, net	`RealEstateHeldForSaleNetTotal`	$1.28M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	4.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.92M	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 held in escrow	`EscrowDeposit`	$3.25M	USD	Point-in-time
Cash held in escrow	`EscrowDeposit`	$3.25M	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`	$106.42M	USD	Point-in-time
Accounts receivable - tenants, net	`AccountsReceivableNet`	$106.42M	USD	Point-in-time
Accounts receivable - tenants, net	`AccountsReceivableNet`	$105.48M	USD	Point-in-time
Accounts receivable - tenants, net	`AccountsReceivableNet`	$105.48M	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 $487,849 and $461,419 at March 31, 2025 and December 31, 2024, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$864.94M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $487,849 and $461,419 at March 31, 2025 and December 31, 2024, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$864.94M	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 $487,849 and $461,419 at March 31, 2025 and December 31, 2024, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$897.38M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $487,849 and $461,419 at March 31, 2025 and December 31, 2024, respectively	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$897.38M	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`	$90.59M	USD	Point-in-time
Other assets, net	`OtherAssets`	$90.59M	USD	Point-in-time
Other assets, net	`OtherAssets`	$88.73M	USD	Point-in-time
Other assets, net	`OtherAssets`	$88.73M	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
Common stock, shares issued	`CommonStockSharesIssued`	110.02M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	110.02M	shares	Point-in-time
Total Assets	`Assets`	$8.80B	USD	Point-in-time
Total Assets	`Assets`	$8.80B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	110.02M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	110.02M	shares	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`	$42.05M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$42.05M	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
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`	$347.61M	USD	Point-in-time
Unsecured term loan, net	`UnsecuredDebt`	$347.61M	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`	$2.24B	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$2.24B	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$322.00M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$322.00M	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
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`	$28.54M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$28.54M	USD	Point-in-time
Accounts payable, accrued expenses, and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$129.65M	USD	Point-in-time
Accounts payable, accrued expenses, and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$129.65M	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
Lease intangibles, net of accumulated amortization of $46,998 and $46,003 at March 31, 2025 and December 31, 2024, respectively	`BelowMarketLeaseNet`	$46.25M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $46,998 and $46,003 at March 31, 2025 and December 31, 2024, respectively	`BelowMarketLeaseNet`	$46.25M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $46,998 and $46,003 at March 31, 2025 and December 31, 2024, respectively	`BelowMarketLeaseNet`	$47.35M	USD	Point-in-time
Lease intangibles, net of accumulated amortization of $46,998 and $46,003 at March 31, 2025 and December 31, 2024, respectively	`BelowMarketLeaseNet`	$47.35M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.16B	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.16B	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 March 31, 2025 and December 31, 2024	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2025 and December 31, 2024	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2025 and December 31, 2024	`PreferredStockValue`	$175.00M	USD	Point-in-time
Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2025 and December 31, 2024	`PreferredStockValue`	$175.00M	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 110,018,590 and 107,248,705 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 110,018,590 and 107,248,705 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 110,018,590 and 107,248,705 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, $.0001 par value, 180,000,000 shares authorized, 110,018,590 and 107,248,705 shares issued and outstanding at March 31, 2025 and December 31, 2024, 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`	$5.95B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$5.95B	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`	$508.06M	USD	Point-in-time
Dividends in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$508.06M	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`	$29.34M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$29.34M	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`	$5.64B	USD	Point-in-time
Total equity - Agree Realty Corporation	`StockholdersEquity`	$5.64B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$468.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$468.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$615.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$615.00K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	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`	$5.20B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	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
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$8.80B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$8.80B	USD	Point-in-time

Income Statement 122 line items

Line Item	Tag	Value	Unit	Period
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$149.42M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$149.42M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$169.11M	USD	1 Quarter
Rental income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$169.11M	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$31.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$31.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$47.00K	USD	1 Quarter
Other	`RevenueNotFromContractWithCustomerOther`	$47.00K	USD	1 Quarter
Total Revenues	`Revenues`	$169.16M	USD	1 Quarter
Total Revenues	`Revenues`	$169.16M	USD	1 Quarter
Total Revenues	`Revenues`	$149.45M	USD	1 Quarter
Total Revenues	`Revenues`	$149.45M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$10.70M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$10.70M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$11.51M	USD	1 Quarter
Real estate taxes	`RealEstateTaxExpense`	$11.51M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$8.38M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$8.38M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.37M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$7.37M	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$415.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$415.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$485.00K	USD	1 Quarter
Land lease expense	`OperatingLeaseExpense`	$485.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.77M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.76M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.33M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.33M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$81.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$81.00M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$91.24M	USD	1 Quarter
Total Operating Expenses	`CostsAndExpenses`	$91.24M	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$772.00K	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$772.00K	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.10M	USD	1 Quarter
Gain on sale of assets, net	`GainsLossesOnSalesOfAssets`	$2.10M	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	$-55.00K	USD	1 Quarter
Loss on involuntary conversion, net	`GainLossOnInvoluntaryConversionOfAssets`	$-55.00K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$78.70M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$78.70M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$70.50M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$70.50M	USD	1 Quarter
Interest expense, net	`InterestExpenseNonoperating`	$24.45M	USD	1 Quarter
Interest expense, net	`InterestExpenseNonoperating`	$24.45M	USD	1 Quarter
Interest expense, net	`InterestExpenseNonoperating`	$30.76M	USD	1 Quarter
Interest expense, net	`InterestExpenseNonoperating`	$30.76M	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$1.15M	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$825.00K	USD	1 Quarter
Income and other tax expense	`IncomeTaxExpenseBenefit`	$825.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$117.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$117.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$41.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$41.00K	USD	1 Quarter
Net Income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net Income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net Income	`ProfitLoss`	$47.15M	USD	1 Quarter
Net Income	`ProfitLoss`	$47.15M	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$152.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$152.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$155.00K	USD	1 Quarter
Less net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$155.00K	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$44.86M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$44.86M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$47.00M	USD	1 Quarter
Net income attributable to Agree Realty Corporation	`NetIncomeLoss`	$47.00M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Less Series A preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.86M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.14M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.14M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.00M	USD	1 Quarter
Net Income Attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-629.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-736.00K	USD	1 Quarter
Amortization of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement`	$-736.00K	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.54M	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.54M	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-10.03M	USD	1 Quarter
Change in fair value and settlement of interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-10.03M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.93M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.38M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.38M	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$193.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$193.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$117.00K	USD	1 Quarter
Less comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$117.00K	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$36.26M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$36.26M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$55.73M	USD	1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation	`ComprehensiveIncomeNetOfTax`	$55.73M	USD	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.28M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.28M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.05M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.05M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.34M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.34M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	107.55M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	107.55M	shares	1 Quarter

Cash Flow Statement 150 line items

Line Item	Tag	Value	Unit	Period
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$304.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$304.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$442.00K	USD	Point-in-time
Real estate inventory, capitalized interest costs	`RealEstateInventoryCapitalizedInterestCosts`	$442.00K	USD	Point-in-time
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.76M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.29M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.29M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.55M	USD	1 Quarter
Amortization from above (below) market lease intangibles, net	`AmortizationOfAboveAndBelowMarketLeases`	$8.55M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.70M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.70M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.27M	USD	1 Quarter
Amortization from financing costs, credit facility costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.27M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.13M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.13M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$2.85M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$2.85M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$4.01M	USD	1 Quarter
Straight-line accrued rent	`StraightLineRent`	$4.01M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.53M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.33M	USD	1 Quarter
Provision for impairment	`ImpairmentOfRealEstate`	$4.33M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$772.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$772.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.10M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$2.10M	USD	1 Quarter
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.68M	USD	1 Quarter
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.68M	USD	1 Quarter
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.94M	USD	1 Quarter
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.94M	USD	1 Quarter
Change in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.66M	USD	1 Quarter
Change in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$11.66M	USD	1 Quarter
Change in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.57M	USD	1 Quarter
Change in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.57M	USD	1 Quarter
Change in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$11.43M	USD	1 Quarter
Change in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$11.43M	USD	1 Quarter
Change in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$13.46M	USD	1 Quarter
Change in accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayable`	$13.46M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$99.15M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$99.15M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$126.66M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$126.66M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$359.68M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$359.68M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$128.34M	USD	1 Quarter
Acquisition of real estate investments and other assets	`PaymentsToAcquireRealEstate`	$128.34M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $442 in 2025, $304 in 2024)	`PaymentsForProceedsFromDevelopmentOfRealEstateInvestmentsAndOtherAssets`	$23.42M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $442 in 2025, $304 in 2024)	`PaymentsForProceedsFromDevelopmentOfRealEstateInvestmentsAndOtherAssets`	$23.42M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $442 in 2025, $304 in 2024)	`PaymentsForProceedsFromDevelopmentOfRealEstateInvestmentsAndOtherAssets`	$14.44M	USD	1 Quarter
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $442 in 2025, $304 in 2024)	`PaymentsForProceedsFromDevelopmentOfRealEstateInvestmentsAndOtherAssets`	$14.44M	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$132.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$132.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$307.00K	USD	1 Quarter
Payment of leasing costs	`PaymentsForLeasingCosts`	$307.00K	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$21.12M	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$21.12M	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.38M	USD	1 Quarter
Net proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.38M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-121.97M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-121.97M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-380.86M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-380.86M	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$183.09M	USD	1 Quarter
Proceeds from common stock offerings, net	`ProceedsFromIssuanceOfCommonStock`	$183.09M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.18M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$2.18M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.65M	USD	1 Quarter
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.65M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$200.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$200.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$474.00M	USD	1 Quarter
Unsecured revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$474.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$97.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$97.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$310.00M	USD	1 Quarter
Unsecured revolving credit facility repayments	`RepaymentsOfLinesOfCredit`	$310.00M	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$235.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$235.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$250.00K	USD	1 Quarter
Payments of mortgage notes payable	`RepaymentsOfSecuredDebt`	$250.00K	USD	1 Quarter
Payment of Series A preferred dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.86M	USD	1 Quarter
Payment of Series A preferred dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.86M	USD	1 Quarter
Payment of Series A preferred dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.86M	USD	1 Quarter
Payment of Series A preferred dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.86M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$74.70M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$74.70M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$81.87M	USD	1 Quarter
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$81.87M	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$258.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$258.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$264.00K	USD	1 Quarter
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$264.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$231.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$231.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$27.00K	USD	1 Quarter
Payments for financing costs	`PaymentsOfFinancingCosts`	$27.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$23.73M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$23.73M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$258.97M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$258.97M	USD	1 Quarter
Increase in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$910.00K	USD	1 Quarter
Increase in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$910.00K	USD	1 Quarter
Increase in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.77M	USD	1 Quarter
Increase in Cash and Cash Equivalents and Cash Held in Escrow	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.77M	USD	1 Quarter
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$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`	$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`	$11.17M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.17M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.43M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$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`	$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`	$11.17M	USD	Point-in-time
Cash and cash equivalents and cash held in escrow, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.17M	USD	Point-in-time
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$11.75M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$11.75M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.27M	USD	1 Quarter
Cash paid for interest (net of amounts capitalized)	`InterestPaidNet`	$12.27M	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$759.00K	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$759.00K	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$2.69M	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaidNet`	$2.69M	USD	1 Quarter
Lease right of use assets added under new ground leases	`AdditionalRightOfUseAssetsAddedUnderNewGroundLeases`	$1.77M	USD	1 Quarter
Lease right of use assets added under new ground leases	`AdditionalRightOfUseAssetsAddedUnderNewGroundLeases`	$1.77M	USD	1 Quarter
Lease right of use assets added under new ground leases	`AdditionalRightOfUseAssetsAddedUnderNewGroundLeases`	-	USD	1 Quarter
Lease right of use assets added under new ground leases	`AdditionalRightOfUseAssetsAddedUnderNewGroundLeases`	-	USD	1 Quarter
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`	$28.54M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$28.54M	USD	Point-in-time
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$-2.26M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$-2.26M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$3.99M	USD	1 Quarter
Change in accrual of development, construction and other real estate investment costs	`AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts`	$3.99M	USD	1 Quarter

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.76	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.76	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
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$183.09M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$183.09M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.65M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.65M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.18M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.18M	USD	1 Quarter
Issuance of restricted stock under the 2024 Omnibus Incentive Plan	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of restricted stock under the 2024 Omnibus Incentive Plan	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of stock under the 2020 Omnibus Incentive Plan	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	1 Quarter
Issuance of stock under the 2020 Omnibus Incentive Plan	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	1 Quarter
Forfeiture of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Forfeiture of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	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`	$3.13M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.13M	USD	1 Quarter
Series A preferred dividends declared for the period	`DividendsPreferredStock`	$1.86M	USD	1 Quarter
Series A preferred dividends declared for the period	`DividendsPreferredStock`	$1.86M	USD	1 Quarter
Series A preferred dividends declared for the period	`DividendsPreferredStock`	$1.86M	USD	1 Quarter
Series A preferred dividends declared for the period	`DividendsPreferredStock`	$1.86M	USD	1 Quarter
Dividends and distributions declared for the period	`DividendsCommonStock`	$82.84M	USD	1 Quarter
Dividends and distributions declared for the period	`DividendsCommonStock`	$82.84M	USD	1 Quarter
Dividends and distributions declared for the period	`DividendsCommonStock`	$74.99M	USD	1 Quarter
Dividends and distributions declared for the period	`DividendsCommonStock`	$74.99M	USD	1 Quarter
Amortization, changes in fair value, and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-10.77M	USD	1 Quarter
Amortization, changes in fair value, and settlement of interest rate swaps	`OtherComprehensiveIncomeLossNetOfTax`	$-10.77M	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
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$45.01M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Net income	`ProfitLoss`	$47.15M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.51B	USD	Point-in-time

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