XML 32 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details Textual) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Jun. 30, 2014
Debt Instrument [Line Items]      
Long-term Line of Credit $ 15,000,000us-gaap_LineOfCredit 9,500,000us-gaap_LineOfCredit  
Long-term Debt, Total 221,762,238us-gaap_LongTermDebt    
Secured Debt 106,762,238us-gaap_SecuredDebt 113,897,759us-gaap_SecuredDebt  
Unsecured Debt 100,000,000us-gaap_UnsecuredDebt 35,000,000us-gaap_UnsecuredDebt  
Debt Instrument, Payment Terms mortgage loan of $21,398,000 is partially recourse to us and is secured by a limited guaranty of payment and performance for approximately 50% of the loan amount.    
New Credit Facility [Member]      
Debt Instrument [Line Items]      
Long-term Line of Credit 15,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= adc_NewCreditFacilityMember
   
Debt Instrument, Maturity Date, Description matures on July 21, 2018 and may be extended for one year at the Companys election, subject to certain conditions.    
Revolving Credit and Term Loan Facility [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Face Amount 250,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
   
Notes Payable, Other Payables [Member]      
Debt Instrument [Line Items]      
Long-term Line of Credit 19,744,758us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableOtherPayablesMember
   
Debt Instrument, Maturity Date, Description matures May 14, 2017 and may be extended, at the Companys election, for a two-year term to May 2019, subject to certain conditions.    
2021 Term Loan [Member] | Revolving Credit and Term Loan Facility [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Face Amount 65,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyOneTermLoanMember
   
Debt Instrument, Maturity Date Jul. 21, 2021    
Debt Instrument, Interest Rate, Stated Percentage 3.74%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyOneTermLoanMember
   
Debt Instrument, Description of Variable Rate Basis LIBOR at 2.09% until maturity    
Unsecured Debt 65,000,000us-gaap_UnsecuredDebt
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyOneTermLoanMember
   
Debt Instrument, Face Amount, Subject to Certain Terms and Conditions 75,000,000adc_DebtInstrumentFaceAmountSubjectToCertainTermsAndConditions
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyOneTermLoanMember
   
Debt Instrument, Interest Rate Terms Borrowings under the 2021 Term Loan are priced at LIBOR plus 165 to 225 basis points, depending on the Company’s leverage    
2020 Term Loan [Member] | Revolving Credit and Term Loan Facility [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Face Amount 35,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyTermLoanMember
   
Debt Instrument, Maturity Date Sep. 29, 2020    
Debt Instrument, Interest Rate, Stated Percentage 3.85%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyTermLoanMember
   
Debt Instrument, Description of Variable Rate Basis interest rate swaps to fix LIBOR at 2.20% until maturity    
Unsecured Debt 35,000,000us-gaap_UnsecuredDebt
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyTermLoanMember
   
Debt Instrument, Face Amount, Subject to Certain Terms and Conditions 70,000,000adc_DebtInstrumentFaceAmountSubjectToCertainTermsAndConditions
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= adc_TwoThousandTwentyTermLoanMember
   
Debt Instrument, Interest Rate Terms Borrowings under the 2020 Term Loan are priced at LIBOR plus 165 to 225 basis points, depending on the Company’s leverage.    
Revolving Credit Facility [Member] | Revolving Credit and Term Loan Facility [Member]      
Debt Instrument [Line Items]      
Line of Credit Facility, Maximum Borrowing Capacity 250,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
  85,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
Line of Credit Facility, Interest Rate Description Borrowings under the Credit Facility are priced at LIBOR plus 135 to 200 basis points, depending on the Company’s leverage.    
Long-term Line of Credit 15,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
   
Long-term Debt, Weighted Average Interest Rate 1.50%us-gaap_LongtermDebtWeightedAverageInterestRate
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
   
Debt Instrument, Face Amount 150,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
   
Line of Credit Facility, Remaining Borrowing Capacity 135,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
   
Line of Credit Facility, Expiration Date Jul. 21, 2018    
Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Long-term Debt, Weighted Average Interest Rate 4.27%us-gaap_LongtermDebtWeightedAverageInterestRate
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
4.38%us-gaap_LongtermDebtWeightedAverageInterestRate
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
 
Real Estate Investments, Net 147,020,000us-gaap_RealEstateInvestments
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Secured Debt 106,762,000us-gaap_SecuredDebt
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Term 5 years 1 month 6 days    
April 4 2018 [Member]      
Debt Instrument [Line Items]      
Secured Debt 25,000,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_April42018Member
25,000,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_April42018Member
 
April 4 2018 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Description of Variable Rate Basis interest only at LIBOR plus 160 basis points, swapped to a fixed rate of 2.49%    
January 1 2023 [Member]      
Debt Instrument [Line Items]      
Secured Debt 23,640,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_January12023Member
23,640,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_January12023Member
 
January 1 2023 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 3.60%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_January12023Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
May 14 2017 [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 50,120us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_May142017Member
   
Secured Debt 21,398,078us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_May142017Member
22,017,758us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_May142017Member
 
May 14 2017 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 19,744,758us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ adc_DueDateAxis
= adc_May142017Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Description of Variable Rate Basis   interest at 170 basis points over LIBOR, swapped to a fixed rate of 3.62%  
January 2020 [Member]      
Debt Instrument [Line Items]      
Secured Debt 7,896,078us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_January2020Member
9,149,944us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_January2020Member
 
January 2020 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 153,838us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_January2020Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Interest Rate, Stated Percentage 6.90%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_January2020Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
July 2026 [Member]      
Debt Instrument [Line Items]      
Secured Debt 9,042,485us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_July2026Member
9,557,942us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_July2026Member
 
July 2026 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 91,675us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_July2026Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Interest Rate, Stated Percentage 6.27%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_July2026Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
June 2014 [Member]      
Debt Instrument [Line Items]      
Secured Debt 0us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_June2014Member
9,271,561us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_June2014Member
 
June 2014 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 60,097us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_June2014Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 9,167,573us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ adc_DueDateAxis
= adc_June2014Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Interest Rate, Stated Percentage 5.08%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_June2014Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
February 2017 [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 99,598us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_February2017Member
   
Debt Instrument, Interest Rate, Stated Percentage 6.63%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_February2017Member
   
Secured Debt 2,405,976us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2017Member
3,405,384us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2017Member
 
June 11 2016 [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 48,467us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_June112016Member
   
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 8,580,000us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ adc_DueDateAxis
= adc_June112016Member
   
Debt Instrument, Interest Rate, Stated Percentage 6.56%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_June112016Member
   
Secured Debt 8,580,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_June112016Member
8,580,000us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_June112016Member
 
February 2020 [Member]      
Debt Instrument [Line Items]      
Secured Debt 3,204,294us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2020Member
3,275,170us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2020Member
 
February 2020 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 23,004us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_February2020Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid 2,766,628us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ adc_DueDateAxis
= adc_February2020Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Interest Rate, Stated Percentage 6.24%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_February2020Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
September 2023 [Member]      
Debt Instrument [Line Items]      
Secured Debt 5,595,327us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_September2023Member
0us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_September2023Member
 
September 2023 [Member] | Mortgage Loans on Real Estate [Member]      
Debt Instrument [Line Items]      
Debt Instrument, Periodic Payment, Principal 35,673us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ adc_DueDateAxis
= adc_September2023Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid $ 4,034,627us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ adc_DueDateAxis
= adc_September2023Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
   
Debt Instrument, Interest Rate, Stated Percentage 5.01%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ adc_DueDateAxis
= adc_September2023Member
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember