CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Minimum rents	$ 24,014	$ 18,491
Percentage rents	212	183
Operating cost reimbursement	2,344	1,589
Other income	(10)	(39)
Total Revenues	26,560	20,224
Operating Expenses
Real estate taxes	1,808	1,123
Property operating expenses	797	573
Land lease payments	163	163
General and administrative	2,603	2,045
Depreciation and amortization	7,025	5,085
Total Operating Expenses	12,396	8,989
Income from Operations	14,164	11,235
Other (Expense) Income
Interest expense, net	(4,138)	(3,649)
Gain (loss) on sale of assets	4,742	0
Discontinued Operations
Net Income	14,768	7,586
Less Net Income Attributable to Non-Controlling Interest	193	125
Net Income Attributable to Agree Realty Corporation	$ 14,575	$ 7,461
Net Income Per Share Attributable to Agree Realty Corporation
Basic (in dollars per share)	$ 0.56	$ 0.36
Diluted (in dollars per share)	$ 0.56	$ 0.36
Other Comprehensive Income
Net income	$ 14,768	$ 7,586
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	741	(2,935)
Total Comprehensive Income	15,509	4,651
Comprehensive Income Attributable to Non-Controlling Interest	(203)	(77)
Comprehensive Income Attributable to Agree Realty Corporation	$ 15,306	$ 4,574
Diluted Earnings Per Share
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	25,953,097	20,438,729
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	26,009,120	20,480,140