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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Minimum rents $ 84,031 $ 64,278 $ 49,403
Percentage rents 197 180 160
Operating cost reimbursement 7,267 5,277 3,825
Other income 32 231 171
Total Revenues 91,527 69,966 53,559
Operating Expenses      
Real estate taxes 5,459 4,005 2,766
Property operating expenses 2,484 1,768 1,679
Land lease payments 653 606 471
General and administrative 8,015 6,988 6,629
Depreciation and amortization 23,407 16,486 11,103
Impairment charge 0 0 3,020
Total Operating Expenses 40,018 29,853 25,668
Income from Operations 51,509 40,113 27,891
Other (Expense) Income      
Interest expense, net (15,343) (12,305) (8,587)
Gain (loss) on sale of assets 9,964 12,135 (528)
Loss on debt extinguishment (333) (181) 0
Income From Continuing Operations 45,797 39,762 18,776
Discontinued Operations      
Gain on sale of assets from discontinued operations 0 0 123
Income from discontinued operations 0 0 14
Net Income 45,797 39,762 18,913
Less Net Income Attributable to Non-Controlling Interest 679 744 425
Net Income Attributable to Agree Realty Corporation $ 45,118 $ 39,018 $ 18,488
Basic Earnings Per Share      
Continuing operations (in dollars per share) $ 1.97 $ 2.17 $ 1.23
Discontinued operations (in dollars per share) 0 0 0.01
Earnings Per Share, Basic (in dollars per share) 1.97 2.17 1.24
Diluted Earnings Per Share      
Continuing operations (in dollars per share) 1.97 2.16 1.23
Discontinued operations (in dollars per share) 0 0 0.01
Earnings Per Share, Diluted (in dollars per share) $ 1.97 $ 2.16 $ 1.24
Other Comprehensive Income      
Net income $ 45,797 $ 39,762 $ 18,913
Other Comprehensive Income (Loss) 2,618 (1,093) (2,584)
Total Comprehensive Income 48,415 38,669 16,329
Comprehensive Income Attributable to Non-Controlling Interest (703) (724) (373)
Comprehensive Income Attributable to Agree Realty Corporation $ 47,712 $ 37,945 $ 15,956
Weighted Average Number of Common Shares Outstanding - Basic: (in shares) 22,868,736 18,003,122 14,882,586
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares) 22,959,799 18,065,415 14,966,895