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Consolidated Statements of Income (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Minimum rents $ 8,294,361 $ 7,950,230 $ 17,350,722 $ 15,841,974
Percentage rents 5,351 12,534 21,408 12,999
Operating cost reimbursements 761,623 640,579 1,500,935 1,310,394
Development fee income 483,274 138,895 894,693 535,904
Other income 61,060 16,832 83,550 34,603
Total Revenues 9,605,669 8,759,070 19,851,308 17,735,874
Operating Expenses        
Real estate taxes 791,304 507,303 1,405,683 996,665
Property operating expenses 388,213 330,036 809,420 725,716
Land lease payments 254,703 96,825 481,864 193,650
General and administrative 1,520,974 1,202,030 2,962,920 2,453,758
Depreciation and amortization 1,620,853 1,408,639 3,248,668 2,752,175
Total Operating Expenses 4,576,047 3,544,833 8,908,555 7,121,964
Income From Operations 5,029,622 5,214,237 10,942,753 10,613,910
Other Expense        
Interest expense, net (1,206,289) (1,124,128) (2,511,176) (2,393,886)
Income Before Discontinued Operations 3,823,333 4,090,109 8,431,577 8,220,024
Gain (loss) on sale of asset from discontinued operations   (3,352)   5,328,333
Income from discontinued operations   344,702 91,816 851,583
Net Income 3,823,333 4,431,459 8,523,393 14,399,940
Less Net Income Attributable to Non-Controlling Interest (130,210) (140,061) (290,453) (542,453)
Net Income Attributable to Agree Realty Corporation $ 3,693,123 $ 4,291,398 $ 8,232,940 $ 13,857,487
Earnings Per Share - Basic $ 0.38 $ 0.46 $ 0.86 $ 1.59
Earnings Per Share - Dilutive $ 0.38 $ 0.46 $ 0.85 $ 1.59
Dividend Declared Per Share $ 0.40 $ 0.51 $ 0.80 $ 1.02
Weighted Average Number of Common Shares Outstanding - Basic 9,628,874 9,317,829 9,625,072 8,708,001
Weighted Average Number of Common Shares Outstanding - Dilutive 9,655,921 9,349,696 9,656,599 8,734,194