CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues
Rental income	$ 87,469	$ 63,701	$ 247,722	$ 176,960
Other	68	109	189	193
Total Revenues	87,537	63,810	247,911	177,153
Operating Expenses
Real estate taxes	6,957	5,516	18,812	15,058
Property operating expenses	3,189	2,108	9,944	6,303
Land lease expense	400	325	1,135	977
General and administrative	5,687	4,756	18,806	13,999
Depreciation and amortization	24,488	17,327	69,164	47,067
Provision for impairment	0	2,868	0	3,996
Total Operating Expenses	40,721	32,900	117,861	87,400
Gain (loss) on sale of assets, net	3,470	970	13,182	7,567
Income from Operations	50,286	31,880	143,232	97,320
Other (Expense) Income
Interest expense, net	(13,066)	(10,158)	(37,267)	(28,307)
Income tax (expense) benefit	(390)	(306)	(1,884)	(826)
Gain (loss) on early extinguishment of term loans and settlement of related interest rate swaps			(14,614)
Other (expense) income			103	23
Net Income	36,830	21,416	89,570	68,210
Less net income attributable to non-controlling interest	167	136	447	444
Net income attributable to Agree Realty Corporation	36,663	21,280	89,123	67,766
Less Series A preferred stock dividends	289	0	289	0
Net Income Attributable to Common Stockholders	$ 36,374	$ 21,280	$ 88,834	$ 67,766
Net Income Per Share Attributable to Common Stockholders
Basic	$ 0.52	$ 0.39	$ 1.35	$ 1.33
Diluted	$ 0.52	$ 0.39	$ 1.34	$ 1.32
Other Comprehensive Income
Net income	$ 36,830	$ 21,416	$ 89,570	$ 68,210
Realized gain (loss) on settlement of interest rate swaps	82		869
Other comprehensive income (loss) - change in fair value and settlement of interest rate swaps	3,300	1,420	30,676	(33,883)
Total comprehensive income (loss)	40,212	22,836	121,115	34,327
Less comprehensive income (loss) attributable to non-controlling interest	185	152	465	187
Comprehensive Income (Loss) Attributable to Agree Realty Corporation	$ 40,027	$ 22,684	$ 120,650	$ 34,140
Weighted Average Number of Common Shares Outstanding - Basic	69,102,500	53,721,956	65,623,720	50,637,569
Weighted Average Number of Common Shares Outstanding - Diluted	69,591,848	54,555,672	65,952,113	51,151,462