CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues
Minimum rents	$ 25,160	$ 19,912	$ 49,174	$ 38,403
Percentage rents	0	7	212	190
Operating cost reimbursement	2,881	1,934	5,225	3,523
Other income	39	(9)	29	(48)
Total Revenues	28,080	21,844	54,640	42,068
Operating Expenses
Real estate taxes	2,031	1,438	3,839	2,561
Property operating expenses	915	929	1,710	1,501
Land lease payments	163	163	327	327
General and administrative	2,569	2,042	5,174	4,087
Depreciation and amortization	7,704	5,665	14,728	10,750
Total Operating Expenses	13,382	10,237	25,778	19,226
Income from Operations	14,698	11,607	28,862	22,842
Other (Expense) Income
Interest expense, net	(4,411)	(3,497)	(8,547)	(7,145)
Gain (Loss) on sale of assets, net	4,780	2,718	9,521	2,718
Discontinued Operations
Net Income	15,067	10,828	29,836	18,415
Less Net Income Attributable to Non-Controlling Interest	191	167	384	293
Net Income Attributable to Agree Realty Corporation	$ 14,876	$ 10,661	$ 29,452	$ 18,122
Net Income Per Share Attributable to Agree Realty Corporation
Basic (in dollars per share)	$ 0.56	$ 0.48	$ 1.13	$ 0.85
Diluted (in dollars per share)	$ 0.56	$ 0.48	$ 1.12	$ 0.85
Other Comprehensive Income
Net income	$ 15,067	$ 10,828	$ 29,836	$ 18,415
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps	(411)	(1,677)	330	(4,613)
Total Comprehensive Income	14,656	9,151	30,166	13,802
Comprehensive Income Attributable to Non-Controlling Interest	(189)	(140)	(389)	(220)
Comprehensive Income Attributable to Agree Realty Corporation	$ 14,467	$ 9,011	$ 29,777	$ 13,582
Diluted Earnings Per Share
Weighted Average Number of Common Shares Outstanding - Basic: (in shares)	26,389,703	22,185,525	26,172,730	21,315,541
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares)	26,457,340	22,265,139	26,240,220	21,385,098