CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues
Rental income	$ 104,793	$ 82,494	$ 203,105	$ 160,253
Other	83	52	113	121
Total Revenues	104,876	82,546	203,218	160,374
Operating Expenses
Real estate taxes	7,979	6,158	15,591	11,855
Property operating expenses	4,541	3,214	9,018	6,755
Land lease expense	407	389	809	736
General and administrative	7,651	6,241	15,272	13,118
Depreciation and amortization	31,950	23,188	60,510	44,676
Provision for impairment	0	0	1,015	0
Total Operating Expenses	52,528	39,190	102,215	77,140
Gain (loss) on sale of assets, net	17	6,767	2,326	9,712
Gain (loss) on involuntary conversion, net	(25)	(14)	(50)	103
Income from Operations	52,340	50,109	103,279	93,049
Other (Expense) Income
Interest expense, net	(15,512)	(12,549)	(29,442)	(24,202)
Income tax (expense) benefit	(698)	(485)	(1,418)	(1,494)
Loss on early extinguishment of term loans and settlement of related interest rate swaps		(14,614)		(14,614)
Net Income	36,130	22,461	72,419	52,739
Less net income attributable to non-controlling interest	157	114	333	280
Net income attributable to Agree Realty Corporation	35,973	22,347	72,086	52,459
Less Series A preferred stock dividends	1,859		3,718	0
Net Income Attributable to Common Stockholders	$ 34,114	$ 22,347	$ 68,368	$ 52,459
Net Income Per Share Attributable to Common Stockholders
Basic	$ 0.45	$ 0.34	$ 0.93	$ 0.82
Diluted	$ 0.45	$ 0.34	$ 0.93	$ 0.82
Other Comprehensive Income
Net income	$ 36,130	$ 22,461	$ 72,419	$ 52,739
Amortization of interest rate swaps	82	287	164	787
Change in fair value and settlement of interest rate swaps	16,481	2,230	37,062	27,376
Total comprehensive income (loss)	52,693	24,978	109,645	80,902
Less comprehensive income (loss) attributable to non-controlling interest	233	128	509	294
Comprehensive Income (Loss) Attributable to Agree Realty Corporation	$ 52,460	$ 24,850	$ 109,136	$ 80,608
Weighted Average Number of Common Shares Outstanding - Basic	75,037,920	64,835,984	73,145,097	63,838,070
Weighted Average Number of Common Shares Outstanding - Diluted	75,570,089	65,185,604	73,474,930	64,079,697