CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Rental income	$ 110,031	$ 87,469	$ 313,136	$ 247,722
Other	34	68	147	189
Total Revenues	110,065	87,537	313,283	247,911
Operating Expenses
Real estate taxes	8,526	6,957	24,117	18,812
Property operating expenses	4,557	3,189	13,575	9,944
Land lease expense	404	400	1,213	1,135
General and administrative	6,992	5,687	22,265	18,806
Depreciation and amortization	35,157	24,488	95,666	69,164
Provision for impairment	0	0	1,015	0
Total Operating Expenses	55,636	40,721	157,851	117,861
Gain (loss) on sale of assets, net	3,000	3,470	5,326	13,182
Gain (loss) on involuntary conversion, net	(115)		(165)	103
Income from Operations	57,314	50,286	160,593	143,335
Other (Expense) Income
Interest expense, net	(17,149)	(13,066)	(46,592)	(37,267)
Income tax (expense) benefit	(720)	(390)	(2,137)	(1,884)
Loss on early extinguishment of term loans and settlement of related interest rate swaps				(14,614)
Other (expense) income	132		132
Net Income	39,577	36,830	111,996	89,570
Less net income attributable to non-controlling interest	152	167	485	447
Net income attributable to Agree Realty Corporation	39,425	36,663	111,511	89,123
Less Series A preferred stock dividends	1,859	289	5,578	289
Net Income Attributable to Common Stockholders	$ 37,566	$ 36,374	$ 105,933	$ 88,834
Net Income Per Share Attributable to Common Stockholders
Basic	$ 0.47	$ 0.52	$ 1.40	$ 1.35
Diluted	$ 0.46	$ 0.52	$ 1.39	$ 1.34
Other Comprehensive Income
Net income	$ 39,577	$ 36,830	$ 111,996	$ 89,570
Amortization of interest rate swaps	(273)	82	(109)	869
Change in fair value and settlement of interest rate swaps	(7,181)	3,300	29,881	30,676
Total comprehensive income (loss)	32,123	40,212	141,768	121,115
Less comprehensive income (loss) attributable to non-controlling interest	121	185	630	465
Comprehensive Income (Loss) Attributable to Agree Realty Corporation	$ 32,002	$ 40,027	$ 141,138	$ 120,650
Weighted Average Number of Common Shares Outstanding - Basic	79,701,136	69,102,500	75,361,583	65,623,720
Weighted Average Number of Common Shares Outstanding - Diluted	80,589,446	69,591,848	75,890,692	65,952,113