$ADC
AGREE REALTY CORP

2017 Q3 Form 10-Q Financial Statement

#000114420417053594 Filed on October 23, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $30.39M $24.16M
YoY Change 25.77% 35.36%
Cost Of Revenue $3.080M $1.640M
YoY Change 87.8% 43.86%
Gross Profit $27.31M $22.52M
YoY Change 21.27% 34.77%
Gross Profit Margin 89.87% 93.21%
Selling, General & Admin $2.620M $2.180M
YoY Change 20.18% 12.37%
% of Gross Profit 9.59% 9.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.300M $6.100M
YoY Change 36.07% 29.79%
% of Gross Profit 30.39% 27.09%
Operating Expenses $10.85M $8.340M
YoY Change 30.1% 20.35%
Operating Profit $16.46M $14.19M
YoY Change 16.05% 45.01%
Interest Expense $4.666M $4.091M
YoY Change 14.06% 16.72%
% of Operating Profit 28.34% 28.84%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $12.32M $14.48M
YoY Change -14.92% -2.69%
Income Tax $37.00K $0.00
% Of Pretax Income 0.3% 0.0%
Net Earnings $12.17M $14.26M
YoY Change -14.71% -2.27%
Net Earnings / Revenue 40.03% 59.03%
Basic Earnings Per Share $0.42 $0.61
Diluted Earnings Per Share $0.42 $0.61
COMMON SHARES
Basic Shares Outstanding 28.57M shares 23.45M shares
Diluted Shares Outstanding 28.66M shares 23.56M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.50M $11.50M
YoY Change 121.74% -46.26%
Cash & Equivalents $27.29M $11.49M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $9.000M
Prepaid Expenses
Receivables $15.60M $10.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $50.10M $22.10M
YoY Change 126.7% -19.64%
LONG-TERM ASSETS
Property, Plant & Equipment $1.111B $892.0M
YoY Change 24.53% 38.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.700M $13.90M
YoY Change -66.19% 247.5%
Total Long-Term Assets $1.317B $1.017B
YoY Change 29.53% 40.88%
TOTAL ASSETS
Total Short-Term Assets $50.10M $22.10M
Total Long-Term Assets $1.317B $1.017B
Total Assets $1.367B $1.039B
YoY Change 31.59% 38.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.0K $100.0K
YoY Change 0.0%
Accrued Expenses $2.800M $2.600M
YoY Change 7.69% 30.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.90M $14.40M
YoY Change 24.31% 3.6%
LONG-TERM LIABILITIES
Long-Term Debt $484.9M $435.0M
YoY Change 11.47% 32.1%
Other Long-Term Liabilities $33.30M $6.400M
YoY Change 420.31% 12.28%
Total Long-Term Liabilities $518.2M $441.4M
YoY Change 17.4% 31.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.90M $14.40M
Total Long-Term Liabilities $518.2M $441.4M
Total Liabilities $546.7M $465.8M
YoY Change 17.37% 32.33%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $820.3M $573.0M
YoY Change
Total Liabilities & Shareholders Equity $1.367B $1.039B
YoY Change 31.59% 38.66%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $12.17M $14.26M
YoY Change -14.71% -2.27%
Depreciation, Depletion And Amortization $8.300M $6.100M
YoY Change 36.07% 29.79%
Cash From Operating Activities $20.50M $19.10M
YoY Change 7.33% 45.8%
INVESTING ACTIVITIES
Capital Expenditures -$70.00M $49.50M
YoY Change -241.41% -218.14%
Acquisitions
YoY Change
Other Investing Activities $7.500M $2.700M
YoY Change 177.78% -86.08%
Cash From Investing Activities -$62.50M -$59.90M
YoY Change 4.34% 165.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 65.10M 48.20M
YoY Change 35.06% 72.76%
NET CHANGE
Cash From Operating Activities 20.50M 19.10M
Cash From Investing Activities -62.50M -59.90M
Cash From Financing Activities 65.10M 48.20M
Net Change In Cash 23.10M 7.400M
YoY Change 212.16% -59.78%
FREE CASH FLOW
Cash From Operating Activities $20.50M $19.10M
Capital Expenditures -$70.00M $49.50M
Free Cash Flow $90.50M -$30.40M
YoY Change -397.7% -155.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
15634000 USD
CY2016Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
11535000 USD
CY2017Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
9003000 USD
CY2016Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
849442000 USD
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
712069000 USD
CY2017Q3 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
29136000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
2532000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
822817000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
27325000 USD
CY2017Q3 us-gaap Other Income
OtherIncome
271000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
16425000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
4666000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
12283000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
118000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
12165000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12486000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
149000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
12337000 USD
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28573022 shares
CY2016Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
22279000 USD
CY2016Q3 us-gaap Percentage Rent
PercentageRent
7000 USD
CY2016Q3 us-gaap Tenant Reimbursements
TenantReimbursements
1845000 USD
CY2016Q3 us-gaap Other Income
OtherIncome
30000 USD
CY2016Q3 us-gaap Revenues
Revenues
24161000 USD
CY2016Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
1473000 USD
CY2016Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
169000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
163000 USD
CY2016Q3 us-gaap Costs And Expenses
CostsAndExpenses
9976000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
14185000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
4091000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
67458000 USD
CY2017Q3 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
1232000 USD
CY2016Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
1409000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
69067000 USD
CY2017Q3 us-gaap Unsecured Debt
UnsecuredDebt
158305000 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
158679000 USD
CY2017Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
14000000 USD
CY2017Q3 us-gaap Percentage Rent
PercentageRent
0 USD
CY2017Q3 us-gaap Tenant Reimbursements
TenantReimbursements
2791000 USD
CY2017Q3 us-gaap Revenues
Revenues
30387000 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
28558000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-536000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
820299000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
682978000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
2518000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
685510000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1366973000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1141972000 USD
CY2017Q3 us-gaap Senior Notes
SeniorNotes
259112000 USD
CY2016Q4 us-gaap Senior Notes
SeniorNotes
159176000 USD
CY2017Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
30529000 USD
CY2016Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
30047000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
203000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28656684 shares
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
29655000 USD
CY2017Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
2149000 USD
CY2017Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
931000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
14476000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
213000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
14263000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1378000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15854000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
229000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
15625000 USD
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23454083 shares
CY2016Q3 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
4415000 USD
CY2017Q3 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
524000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
76500000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
60682000 USD
us-gaap Percentage Rent
PercentageRent
212000 USD
us-gaap Percentage Rent
PercentageRent
197000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
8016000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
5368000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
490000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
490000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7665000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6107000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
22956000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16901000 USD
us-gaap Costs And Expenses
CostsAndExpenses
39740000 USD
us-gaap Costs And Expenses
CostsAndExpenses
29202000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
45287000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
37027000 USD
us-gaap Interest Expense
InterestExpense
13213000 USD
us-gaap Interest Expense
InterestExpense
11236000 USD
us-gaap Profit Loss
ProfitLoss
42119000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
501000 USD
us-gaap Net Income Loss
NetIncomeLoss
41618000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.46
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
533000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3236000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42652000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
509000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
456000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
42143000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
29199000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26988589 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22034389 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27069352 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22127329 shares
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
533000 USD
us-gaap Dividends
Dividends
42718000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
136733000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1748000 USD
us-gaap Depreciation
Depreciation
14366000 USD
us-gaap Depreciation
Depreciation
10958000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
8590000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
5943000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
10045000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7133000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4192000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3204000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
148000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-167000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1837000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2798000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-371000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-541000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
549000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1608000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55185000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45834000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
241132000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
235855000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
27240000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
20262000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
29414000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22098000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-241281000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-246959000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
136733000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
124099000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
184000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
227000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
198000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
198000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1794000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
31059000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
40392000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30593000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
520000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
490000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
178211000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
209904000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7885000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8779000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2712000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11491000 USD
us-gaap Interest Paid Net
InterestPaidNet
12658000 USD
us-gaap Interest Paid Net
InterestPaidNet
9159000 USD
us-gaap Stock Issued1
StockIssued1
3022000 USD
us-gaap Stock Issued1
StockIssued1
3059000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
65000 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
544000 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
648000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
159000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
624000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1748000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1726000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
730000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
523000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
549000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
11631000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
14930000 USD
CY2017Q3 adc Ownership Percentage On Controlling Interest By Parent
OwnershipPercentageOnControllingInterestByParent
0.988 pure
CY2017Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
25800000 USD
CY2016Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
32400000 USD
us-gaap Reimbursement Revenue
ReimbursementRevenue
1900000 USD
CY2016 us-gaap Reimbursement Revenue
ReimbursementRevenue
1100000 USD
CY2017Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
12000000 USD
CY2016Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
9600000 USD
CY2017Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
2907000 USD
CY2016Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
2243000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
8466000 USD
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
6105000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3575000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14441000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13865000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
13484000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12713000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
99189000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
157267000 USD
CY2017Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
28792158 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
23674133 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
219136 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
220050 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
83662 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
109248 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
27207725 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
22254439 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
219136 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
220050 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
80763 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
92940 shares
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2060 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2894 USD
CY2017Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
58700000 USD
CY2017Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
123400000 USD
CY2017Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
57400000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
29400000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
10000000 USD
CY2017Q3 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
7500000 USD
CY2017Q3 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
59000 USD
CY2017Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2017Q3 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1173000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1284000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2017Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
1284000 USD
CY2017Q3 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
59000 USD
CY2017Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2016Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
50000 USD
CY2016Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1944000 USD
CY2017Q3 adc Derivative Liability Fixed Rate Debt Carrying Value
DerivativeLiabilityFixedRateDebtCarryingValue
484900000 USD
CY2017Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1225000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1409000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
1409000 USD
CY2016Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
50000 USD
CY2016Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1359000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1994000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1994000 USD
CY2017Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
500000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
808000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
28337000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
21294000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3867000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
998000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
432405000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
487709000 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
108200000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
700000 USD
CY2017Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
1500000 USD
CY2017Q3 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
1500000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1232000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 USD
CY2017Q3 us-gaap Derivative Assets
DerivativeAssets
1232000 USD
CY2016Q4 adc Derivative Liability Fixed Rate Debt Carrying Value
DerivativeLiabilityFixedRateDebtCarryingValue
386900000 USD
CY2017Q3 adc Derivative Liability Fixed Rate Debt Fair Value
DerivativeLiabilityFixedRateDebtFairValue
499800000 USD
CY2016Q4 adc Derivative Liability Fixed Rate Debt Fair Value
DerivativeLiabilityFixedRateDebtFairValue
401400000 USD
CY2017Q3 adc Derivative Liability Variable Rate Debt Fair Value
DerivativeLiabilityVariableRateDebtFairValue
0 USD
CY2016Q4 adc Derivative Liability Variable Rate Debt Fair Value
DerivativeLiabilityVariableRateDebtFairValue
14000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1110829000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
943497000 USD
CY2017Q3 us-gaap Escrow Deposit
EscrowDeposit
1779000 USD
CY2016Q4 us-gaap Escrow Deposit
EscrowDeposit
0 USD
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
142000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
50000 USD
CY2017Q3 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
332000 USD
CY2016Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
1262000 USD
CY2017Q3 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
772000 USD
CY2016Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
677000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36875000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25666000 USD
CY2016Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
7079000 USD
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2017Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
10246000 USD
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
29215835 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
29215835 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26164977 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26164977 shares
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-33000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-33000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
60283000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
100000000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
60000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><i><u><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Use of Estimates</font></u></i></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of (1) assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and (2) revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7747 USD
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
425 pure
CY2017Q3 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
8300000 sqft
CY2016Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
366 pure
CY2016Q4 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
7000000 sqft
CY2016Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
28000 USD
CY2017Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
297000 USD
adc Increase Decrease In Cash Escrows
IncreaseDecreaseInCashEscrows
1779000 USD
adc Increase Decrease In Cash Escrows
IncreaseDecreaseInCashEscrows
12292000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><i><u><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Reclassification</font></font></u></i></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Certain reclassifications of prior period amounts have been made in the consolidated financial statements and footnotes in order to conform to the current presentation. Prepaid rents are presented on the Balance Sheet as Deferred Revenue; in previously filed reports prepaid rents were presented in Accounts Payable - Operating. The classification of below-market lease intangibles are presented net of accumulated amortization as a Liability; in previously filed reports below-market lease intangibles were presented in Unamortized Deferred Expenses: Lease Intangibles, net with in-place and above-market lease intangibles.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">&#160;As of September 30, 2017, all fully amortized deferred financing costs attributable to the credit facility were written off. Cash held in escrows are presented on the Statement of Cash Flows in investing activities; in previously filed reports cash held in escrows were presented in operating activities.</font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

Files In Submission

Name View Source Status
0001144204-17-053594-index-headers.html Edgar Link pending
0001144204-17-053594-index.html Edgar Link pending
0001144204-17-053594.txt Edgar Link pending
0001144204-17-053594-xbrl.zip Edgar Link pending
adc-20170930.xml Edgar Link completed
adc-20170930.xsd Edgar Link pending
adc-20170930_cal.xml Edgar Link unprocessable
adc-20170930_def.xml Edgar Link unprocessable
adc-20170930_lab.xml Edgar Link unprocessable
adc-20170930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tv477094_10q.htm Edgar Link pending
tv477094_ex10-1.htm Edgar Link pending
tv477094_ex10-2.htm Edgar Link pending
tv477094_ex10-3.htm Edgar Link pending
tv477094_ex31-1.htm Edgar Link pending
tv477094_ex31-2.htm Edgar Link pending
tv477094_ex32-1.htm Edgar Link pending
tv477094_ex32-2.htm Edgar Link pending