$ADC
AGREE REALTY CORP

2019 Q4 Form 10-Q Financial Statement

#000155837019008983 Filed on October 21, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $52.14M $48.08M $37.45M
YoY Change 39.22% 41.17% 12.2%
Cost Of Revenue $6.420M $5.270M $4.890M
YoY Change 31.29% 38.68% 53.29%
Gross Profit $45.72M $42.80M $32.78M
YoY Change 39.48% 41.49% 40.63%
Gross Profit Margin 87.7% 89.03% 87.53%
Selling, General & Admin $4.140M $4.190M $2.900M
YoY Change 42.76% 34.29% 26.64%
% of Gross Profit 9.06% 9.79% 8.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.70M $15.30M $12.00M
YoY Change 39.17% 37.84% 36.36%
% of Gross Profit 36.53% 35.75% 36.61%
Operating Expenses $17.25M $16.09M $11.97M
YoY Change 44.11% 42.9% 99.83%
Operating Profit $28.47M $26.72M $20.81M
YoY Change 36.81% 44.42% 20.15%
Interest Expense -$9.730M $8.352M -$6.910M
YoY Change 40.81% 27.75% 40.45%
% of Operating Profit -34.18% 31.26% -33.21%
Other Income/Expense, Net
YoY Change
Pretax Income $23.07M $20.97M $13.46M
YoY Change 71.4% 32.05% -18.57%
Income Tax $330.0K $184.0K $130.0K
% Of Pretax Income 1.43% 0.88% 0.97%
Net Earnings $22.56M $20.61M $13.21M
YoY Change 70.75% 32.24% -20.75%
Net Earnings / Revenue 43.27% 42.87% 35.28%
Basic Earnings Per Share $0.53 $0.49 $0.37
Diluted Earnings Per Share $0.52 $0.48 $0.36
COMMON SHARES
Basic Shares Outstanding 42.41M 41.83M 34.48M shares
Diluted Shares Outstanding 42.32M

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.60M $9.400M $54.00M
YoY Change -71.11% -44.05% 6.3%
Cash & Equivalents $15.60M $9.353M $53.96M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $3.800M $7.900M
Prepaid Expenses
Receivables $26.80M $25.50M $21.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $46.20M $42.80M $75.50M
YoY Change -38.81% 12.34% 9.9%
LONG-TERM ASSETS
Property, Plant & Equipment $2.219B $2.119B $1.661B
YoY Change 33.55% 49.53% 39.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.60M $1.400M $3.800M
YoY Change 600.0% -73.58% -64.49%
Total Long-Term Assets $2.618B $2.481B $1.953B
YoY Change 34.09% 45.01% 36.94%
TOTAL ASSETS
Total Short-Term Assets $46.20M $42.80M $75.50M
Total Long-Term Assets $2.618B $2.481B $1.953B
Total Assets $2.665B $2.523B $2.028B
YoY Change 31.37% 44.3% 35.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.00M $52.60M $9.900M
YoY Change 394.95% 334.71% 2375.0%
Accrued Expenses $4.800M
YoY Change 41.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $74.00M $77.00M $35.90M
YoY Change 106.13% 128.49% 77.72%
LONG-TERM LIABILITIES
Long-Term Debt $872.3M $928.6M $720.4M
YoY Change 21.09% 50.4% 38.65%
Other Long-Term Liabilities $26.70M $27.30M $33.00M
YoY Change -19.09% -4.88% 1.85%
Total Long-Term Liabilities $899.0M $955.9M $753.4M
YoY Change 19.33% 47.95% 36.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.00M $77.00M $35.90M
Total Long-Term Liabilities $899.0M $955.9M $753.4M
Total Liabilities $973.0M $1.033B $789.7M
YoY Change 23.21% 51.84% 35.35%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $5.000K $4.000K $4.000K
YoY Change 25.0% 33.33% 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.689B $1.488B $1.236B
YoY Change
Total Liabilities & Shareholders Equity $2.665B $2.523B $2.028B
YoY Change 31.37% 44.3% 35.7%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $22.56M $20.61M $13.21M
YoY Change 70.75% 32.24% -20.75%
Depreciation, Depletion And Amortization $16.70M $15.30M $12.00M
YoY Change 39.17% 37.84% 36.36%
Cash From Operating Activities $38.20M $30.90M $28.90M
YoY Change 32.18% 13.19% 7.04%
INVESTING ACTIVITIES
Capital Expenditures -$150.2M -$251.1M -$263.1M
YoY Change -42.91% 55.87% 178.41%
Acquisitions
YoY Change
Other Investing Activities $30.90M $7.600M $5.700M
YoY Change 442.11% -73.24% -61.74%
Cash From Investing Activities -$119.3M -$243.5M -$257.5M
YoY Change -53.67% 83.77% 223.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 112.5M 200.9M 264.3M
YoY Change -57.43% 75.31% 214.27%
NET CHANGE
Cash From Operating Activities 38.20M 30.90M 28.90M
Cash From Investing Activities -119.3M -243.5M -257.5M
Cash From Financing Activities 112.5M 200.9M 264.3M
Net Change In Cash 31.40M -11.70M 35.70M
YoY Change -12.04% -224.47% 13.33%
FREE CASH FLOW
Cash From Operating Activities $38.20M $30.90M $28.90M
Capital Expenditures -$150.2M -$251.1M -$263.1M
Free Cash Flow $188.4M $282.0M $292.0M
YoY Change -35.48% 49.68% 140.33%

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CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16036000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
43838000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
48092000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41832457
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31758925
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39992703
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31131530
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42318042
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32287352
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40625441
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31471251
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1238486000
CY2019Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
57845000
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1398000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
913000
CY2019Q1 us-gaap Dividends
Dividends
21535000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3405000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
18516000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1289422000
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
186667000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1025000
CY2019Q2 us-gaap Dividends
Dividends
24119000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3794000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
18722000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2019Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
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CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2019Q3 us-gaap Dividends
Dividends
24352000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2019Q3 us-gaap Profit Loss
ProfitLoss
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1490414000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
911190000
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2018Q1 us-gaap Stock Repurchased During Period Value
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CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2018Q1 us-gaap Dividends
Dividends
16318000
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2018Q1 us-gaap Profit Loss
ProfitLoss
16636000
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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912863000
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
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CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2018Q2 us-gaap Dividends
Dividends
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CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2018Q3 us-gaap Dividends
Dividends
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CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2018Q3 us-gaap Profit Loss
ProfitLoss
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CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
45460000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
32597000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
23949000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
9882000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
7794000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
966000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
768000
us-gaap Share Based Compensation
ShareBasedCompensation
2972000
us-gaap Share Based Compensation
ShareBasedCompensation
2171000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1609000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1651000
adc Settlement Of Interest Rate Swap
SettlementOfInterestRateSwap
802000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
8973000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
10949000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4468000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5122000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88543000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
352085000
CY2019Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
321000
CY2018Q3 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
381000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
13880000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
17390000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
292000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
1191000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
34513000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
60038000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-548182000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-310628000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
276960000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
159604000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1400000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1142000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
229000000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2650000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
26915000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
125000000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
18543000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
571000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66102000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49018000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
582000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
549000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
217000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
568000
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
311964000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
416466000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
205841000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-43173000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-40535000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53975000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58782000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10802000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18247000
us-gaap Interest Paid Net
InterestPaidNet
25496000
us-gaap Interest Paid Net
InterestPaidNet
18944000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
754000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
387000
adc Right Of Use Assets Added Upon Implementation Of Lease
RightOfUseAssetsAddedUponImplementationOfLease
7505000
adc Additional Right Of Use Assets Added Under New Ground Leases
AdditionalRightOfUseAssetsAddedUnderNewGroundLeases
12167000
adc Operating Lease Right Of Use Assets Disposed Of Under Ground Leases
OperatingLeaseRightOfUseAssetsDisposedOfUnderGroundLeases
-3059000
us-gaap Dividends Common Stock
DividendsCommonStock
24353000
us-gaap Dividends Common Stock
DividendsCommonStock
18808000
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
7331000
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
4422000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;font-style:italic;margin:0pt 0pt 12pt 0pt;"><b style="font-style:normal;font-weight:bold;text-decoration:underline;">Use of Estimates</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">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.</p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman';font-size:10pt;font-style:italic;margin:0pt 0pt 12pt 0pt;"><b style="font-style:normal;font-weight:bold;text-decoration:underline;">Reclassifications</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Codification  842 <i style="font-style:italic;">Leases</i> (“ASC 842”) using the modified retrospective approach as of January 1, 2019 and elected to apply the transition provisions of the standard at the beginning of the period of adoption.  The Company adopted the practical expedient in ASC 842 that alleviates the requirement to separately present lease and non-lease rental income. As a result, all income earned pursuant to tenant leases is reflected as one line, “Rental Income,” in the 2019 condensed consolidated statement of operations.  To facilitate comparability, the Company has reclassified prior periods’ lease and non-lease income consistently with the classification employed in 2019. </p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The Company recognizes above- and below-market lease intangibles in connection with most acquisitions of real estate (see <i style="font-style:italic;">Accounting for Acquisitions of Real Estate </i>below).  The capitalized above- and below-market lease intangibles are amortized over the remaining term of the related leases.  The Company historically presented this amortization as a component of Depreciation and Amortization expense within the Consolidated Statement of Income and Comprehensive Income.  During 2019, the Company changed this classification to recognize this amortization as an adjustment of Rental Income.  The prior period results have been reclassified to conform to the current year classification.  The Company incurred amortization of capitalized above- and below-market lease intangibles of $3.4 million and $3.0 million for the three months ended September 30, 2019 and 2018, respectively and $9.9 million and $7.8 million for the nine months ended September 30, 2019 and 2018, respectively.</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Certain other reclassifications have been made to prior year financial statements to conform to classifications used in the current year. These reclassifications had no impact on net income or shareholders’ equity as previously reported.</p>
CY2019Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3400000
CY2018Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3000000.0
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
9900000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
7800000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019Q3 adc Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
2
CY2019Q3 adc Real Estate Heldforsale Land
RealEstateHeldforsaleLand
2171000
CY2019Q3 adc Real Estate Heldforsale Building
RealEstateHeldforsaleBuilding
4286000
CY2019Q3 adc Real Estate Heldforsale Lease Intangibles
RealEstateHeldforsaleLeaseIntangibles
2061000
CY2019Q3 adc Real Estate Held For Sale Gross
RealEstateHeldForSaleGross
8518000
CY2019Q3 adc Real Estate Heldforsale Accumulated Depreciation
RealEstateHeldforsaleAccumulatedDepreciation
590000
CY2019Q3 adc Real Estate Held For Sale Net Total
RealEstateHeldForSaleNetTotal
7928000
CY2019Q3 us-gaap Cash Uninsured Amount
CashUninsuredAmount
9700000
CY2018Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
52700000
CY2019Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
21300000
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
16700000
CY2019Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
6459000
CY2018Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
5130000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
17850000
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
14114000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6794000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
27700000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
26154000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25856000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
24736000
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
200724000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
20611000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
15586000
us-gaap Net Income Loss
NetIncomeLoss
57522000
us-gaap Net Income Loss
NetIncomeLoss
44961000
CY2019Q3 adc Net Income Loss Unvested Restricted Stock
NetIncomeLossUnvestedRestrictedStock
98000
CY2018Q3 adc Net Income Loss Unvested Restricted Stock
NetIncomeLossUnvestedRestrictedStock
95000
adc Net Income Loss Unvested Restricted Stock
NetIncomeLossUnvestedRestrictedStock
283000
adc Net Income Loss Unvested Restricted Stock
NetIncomeLossUnvestedRestrictedStock
296000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20513000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15491000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57239000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44665000
CY2019Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
42034685
CY2018Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
31969749
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
40194931
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
31342354
CY2019Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
202228
CY2018Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
210824
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
202228
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
210824
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41832457
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31758925
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39992703
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31131530
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41832457
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31758925
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39992703
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31131530
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
109027
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
80211
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
102845
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
71855
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42318042
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32287352
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40625441
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31471251
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
49463000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
140071000
CY2019Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
4868000
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
15167000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
124904000
CY2019Q3 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
376558
us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
529893
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
475000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
184000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
125000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
210000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
391000
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16200000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
16300000
adc Percentage Of Portfolio Leased
PercentageOfPortfolioLeased
0.997
CY2019Q3 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P10Y2M12D
adc Percentage Of Annualized Base Rent Derived
PercentageOfAnnualizedBaseRentDerived
0.569
us-gaap Lessor Operating Lease Existence Of Option To Extend
LessorOperatingLeaseExistenceOfOptionToExtend
true
us-gaap Lessor Operating Lease Option To Terminate
LessorOperatingLeaseOptionToTerminate
true
us-gaap Lease Practical Expedients Package
LeasePracticalExpedientsPackage
true
CY2019Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
44595000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
47544000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
189758000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
186964000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
183583000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
179542000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1228924000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2016315000
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
354000
us-gaap Operating Lease Cost
OperatingLeaseCost
925000
CY2019Q3 us-gaap Lease Cost
LeaseCost
354000
us-gaap Lease Cost
LeaseCost
925000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
19672000
CY2019Q3 adc Right Of Use Asset Removed In Exchange For Real Property
RightOfUseAssetRemovedInExchangeForRealProperty
-3025000
adc Right Of Use Asset Removed In Exchange For Real Property
RightOfUseAssetRemovedInExchangeForRealProperty
-3025000
CY2019Q3 adc Right Of Use Asset Net
RightOfUseAssetNet
-3025000
adc Right Of Use Asset Net
RightOfUseAssetNet
16647000
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
297000
us-gaap Operating Lease Payments
OperatingLeasePayments
805000
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P38Y3M18D
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P38Y3M18D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0413
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0413
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
267000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1069000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1015000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
789000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
789000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount Year Three
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearThree
645000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount Year Four
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearFour
634000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount Year Five
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearFive
628000
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3714000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
31373000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
35302000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountRemainderOfFiscalYear
168000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount Year Two
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearTwo
662000
CY2019Q3 adc Lessee Operating Lease Liability Undiscounted Excess Amount After Year Five
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountAfterYearFive
16255000
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18992000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
NetLesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
99000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments Year Two
NetLesseeOperatingLeaseLiabilityPaymentsYearTwo
407000
CY2019Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
500000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1600000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1700000
CY2019Q3 adc Impaired Real Estate Estate Fair Value
ImpairedRealEstateEstateFairValue
3000000.0
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
931900000
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
21753000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments Year Three
NetLesseeOperatingLeaseLiabilityPaymentsYearThree
370000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments Year Four
NetLesseeOperatingLeaseLiabilityPaymentsYearFour
155000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments Year Five
NetLesseeOperatingLeaseLiabilityPaymentsYearFive
161000
CY2019Q3 adc Net Lessee Operating Lease Liability Payments After Year Five
NetLesseeOperatingLeaseLiabilityPaymentsAfterYearFive
15118000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
16310000
CY2019Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
789
CY2019Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
46
CY2019Q3 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
14000000.0
CY2019Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2100000000
CY2018Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
645
CY2018Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
46
CY2018Q4 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
11200000
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1700000000
CY2019Q3 adc Number Of Development And Partner Capital Solutions Projects Construction
NumberOfDevelopmentAndPartnerCapitalSolutionsProjectsConstruction
4
adc Number Of Development And Partner Capital Solutions Projects Construction
NumberOfDevelopmentAndPartnerCapitalSolutionsProjectsConstruction
8
adc Number Of Development And Partner Capital Solutions Projects Construction
NumberOfDevelopmentAndPartnerCapitalSolutionsProjectsConstruction
2
CY2019Q3 adc Number Of Properties Sold
NumberOfPropertiesSold
3
CY2019Q3 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
7700000
CY2019Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2600000
adc Number Of Properties Sold
NumberOfPropertiesSold
9
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
34500000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
9000000.0
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
248998000
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1060000
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
68725000
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
587617000
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
931867000
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000
CY2019Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.57
CY2018Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.54
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-1300000
CY2019Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
14300000
CY2019Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0
CY2019Q3 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
0
CY2019Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0
CY2019Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
14016000
CY2019Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0
CY2019Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
14016000
CY2019Q3 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
0
CY2019Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0
CY2019Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
14016000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2539000
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
2539000
CY2018Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
575000
CY2018Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0
CY2018Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1964000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1135000
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1135000
CY2018Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
575000
CY2018Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0
CY2018Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
560000
adc Number Of Properties Classified As Discontinued Operations
NumberOfPropertiesClassifiedAsDiscontinuedOperations
0
CY2019Q3 adc Number Of Properties Classified As Discontinued Operations
NumberOfPropertiesClassifiedAsDiscontinuedOperations
0

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