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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) | 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, 2018 through December 31, 2019: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2019
​ | ​ | Three Months Ended
​ |  | March 31, |  | June 30, |  | September 30, |  | December 31,
Revenue | ​ | $ | 42,348 | ​ | $ | 44,920 | ​ | $ | 48,075 | ​ | $ | 52,135
Net income | ​ | ​ | 18,516 | ​ | ​ | 18,722 | ​ | ​ | 20,781 | ​ | ​ | 22,744
Net income attributable to Agree Realty Corporation | ​ | ​ | 18,347 | ​ | ​ | 18,564 | ​ | ​ | 20,611 | ​ | ​ | 22,559
Net earnings per share (1) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.49 | ​ | $ | 0.45 | ​ | $ | 0.49 | ​ | $ | 0.53
Diluted | ​ | ​ | 0.48 | ​ | ​ | 0.45 | ​ | ​ | 0.48 | ​ | ​ | 0.52
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2018
​ | ​ | Three Months Ended
​ |  | March 31, |  | June 30, |  | September 30, |  | December 31,
Revenue (2) | ​ | $ | 32,452 | ​ | $ | 33,168 | ​ | $ | 34,054 | ​ | $ | 37,448
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 | ​ | $ | 0.37
Diluted | ​ | ​ | 0.53 | ​ | ​ | 0.41 | ​ | ​ | 0.48 | ​ | ​ | 0.36
(1) | Calculated independently for each period and consequently, the sum of the quarters may differ from the annual amount.
(2) | Refer to “Note 2 – Summary of Significant Accounting Policies” regarding certain reclassifications impacting reported 2018 revenues.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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