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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]

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