Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Note 13 – Quarterly Financial Data (Unaudited)

The following summary represents the unaudited results of operations of the Company, expressed in thousands except per share amounts, for the periods from January 1, 2017 through December 31, 2018:


	2018
	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
Revenue	$	34,569	$	35,711	$	37,306	$	40,609
Net income		16,636		13,068		15,756		13,338
Net income attributable to Agree Realty Corporation		16,451		12,923		15,586		13,212
Net earnings per share (1)
Basic	$	0.53	$	0.42	$	0.49	$	0.38
Diluted		0.53		0.41		0.48		0.37


	2017
	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
Revenue	$	26,560	$	28,080	$	30,387	$	31,528
Net income		14,768		15,067		12,283		16,672
Net income attributable to Agree Realty Corporation		14,575		14,876		12,165		16,496
Net earnings per share (1)
Basic	$	0.56	$	0.56	$	0.42	$	0.55
Diluted		0.56		0.56		0.42		0.55

(1)

Calculated independently for each period and consequently, the sum of the quarters may differ from the annual amount