XML 14 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details Textual) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Debt Instrument [Line Items]        
Long-term Line of Credit $ 79,500,000us-gaap_LineOfCredit     $ 15,000,000us-gaap_LineOfCredit
Long-term Debt, Total 283,179,433us-gaap_LongTermDebt      
Secured Debt 103,679,433us-gaap_SecuredDebt     106,762,238us-gaap_SecuredDebt
Unsecured Debt 100,000,000us-gaap_UnsecuredDebt     100,000,000us-gaap_UnsecuredDebt
Repayments Of Secured Debt 3,082,805us-gaap_RepaymentsOfSecuredDebt 906,234us-gaap_RepaymentsOfSecuredDebt    
Gains (Losses) on Extinguishment of Debt (179,867)us-gaap_GainsLossesOnExtinguishmentOfDebt      
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
     
Mortgage Note Payable [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Interest Rate, Stated Percentage 6.63%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_ShortTermDebtTypeAxis
= adc_MortgageNotePayableMember
     
Repayments Of Secured Debt 2,406,000us-gaap_RepaymentsOfSecuredDebt
/ us-gaap_ShortTermDebtTypeAxis
= adc_MortgageNotePayableMember
     
Notes Payable, Other Payables [Member]        
Debt Instrument [Line Items]        
Debt Instrument, Maturity Date, Description May 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 interest rate swaps to fix 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, Interest Rate Terms Borrowings under the 2021 Term Loan are priced at LIBOR plus 165 to 225 basis points, depending on the Companys leverage      
2020 Term Loan [Member] | Revolving Credit and Term Loan Facility [Member]        
Debt Instrument [Line Items]        
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, Interest Rate Terms Borrowings under the 2020 Term Loan are priced at LIBOR plus 165 to 225 basis points, depending on the Companys leverage      
Revolving Credit Facility [Member]        
Debt Instrument [Line Items]        
Long-term Line of Credit 150,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
     
Debt Instrument, Maturity Date, Description matures in July 2018 and may be extended for one year at the Companys election, subject to certain conditions.      
Revolving Credit Facility [Member] | Revolving Credit and Term Loan Facility [Member]        
Debt Instrument [Line Items]        
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 Companys leverage      
Long-term Line of Credit 79,500,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
     
Long-term Debt, Weighted Average Interest Rate 1.70%us-gaap_LongtermDebtWeightedAverageInterestRate
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= adc_RevolvingCreditAndTermLoanFacilityMember
     
Line of Credit Facility, Remaining Borrowing Capacity 70,500,000us-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 4.21%us-gaap_LongtermDebtWeightedAverageInterestRate
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
     
Real Estate Investments, Net 137,647,000us-gaap_RealEstateInvestments
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
     
Secured Debt 103,679,000us-gaap_SecuredDebt
/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis
= us-gaap_MortgageLoansOnRealEstateMember
     
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 21,238,598us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_May142017Member
    21,398,078us-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 7,568,899us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_January2020Member
    7,896,078us-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 8,908,504us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_July2026Member
    9,042,485us-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
     
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 0us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2017Member
    2,405,976us-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 3,185,183us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_February2020Member
    3,204,294us-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 5,558,249us-gaap_SecuredDebt
/ adc_DueDateAxis
= adc_September2023Member
    5,595,327us-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