CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues
Minimum rents	$ 11,790,632	$ 10,021,621	$ 23,313,690	$ 19,394,344
Percentage rents	142,181	0	142,181	19,359
Operating cost reimbursement	946,608	579,533	1,969,581	1,115,597
Other income	24,334	0	53,376	0
Total Revenues	12,903,755	10,601,154	25,478,828	20,529,300
Operating Expenses
Real estate taxes	739,743	507,676	1,436,975	930,586
Property operating expenses	458,294	264,310	956,820	590,624
Land lease payments	107,275	106,975	214,550	213,950
General and administrative	1,616,906	1,593,890	3,208,688	3,080,257
Depreciation and amortization	2,591,157	2,227,234	5,104,746	4,115,065
Impairment charge	2,800,000	0	2,800,000	0
Total Operating Expenses	8,313,375	4,700,085	13,721,779	8,930,482
Income from Operations	4,590,380	5,901,069	11,757,049	11,598,818
Other Income (Expense)
Interest expense, net	(1,874,510)	(1,525,012)	(3,668,972)	(2,965,205)
Income From Continuing Operations	2,715,870	4,376,057	8,088,077	8,633,613
Discontinued Operations
Gain on sale of assets from discontinued operations	0	0	122,747	946,347
Income from discontinued operations	0	153,440	14,573	341,795
Total Discontinued Operations	0	153,440	137,320	1,288,142
Net Income	2,715,870	4,529,497	8,225,397	9,921,755
Less Net Income Attributable to Non-Controlling Interest	61,642	116,871	186,812	258,350
Net Income Attributable to Agree Realty Corporation	2,654,228	4,412,626	8,038,585	9,663,405
Basic Earnings Per Share
Continuing operations (in dollars per share)	$ 0.18	$ 0.33	$ 0.54	$ 0.65
Discontinued operations (in dollars per share)	$ 0	$ 0.01	$ 0.01	$ 0.10
Earnings Per Share, Basic (in dollars per share)	$ 0.18	$ 0.34	$ 0.55	$ 0.75
Diluted Earnings Per Share
Continuing operations (in dollars per share)	$ 0.18	$ 0.33	$ 0.53	$ 0.65
Discontinued operations (in dollars per share)	$ 0	$ 0.01	$ 0.01	$ 0.10
Earnings Per Share, Diluted (in dollars per share)	$ 0.18	$ 0.34	$ 0.54	$ 0.75
Other Comprehensive Income
Net income	2,715,870	4,529,497	8,225,397	9,921,755
Other Comprehensive Income (Loss)	(850,216)	1,311,525	(1,310,242)	1,562,194
Total Comprehensive Income	1,865,654	5,841,022	6,915,155	11,483,949
Comprehensive Income Attributable to Non-Controlling Interest	(42,342)	(150,446)	(157,069)	(298,493)
Comprehensive Income Attributable to Agree Realty Corporation	$ 1,823,312	$ 5,690,576	$ 6,758,086	$ 11,185,456
Weighted Average Number of Common Shares Outstanding - Basic (in shares)	14,714,357	12,985,353	14,709,509	12,817,668
Weighted Average Number of Common Shares Outstanding - Dilutive (in shares)	14,775,596	13,065,542	14,769,199	12,889,344