For the quarter ending 2026-03-31, ADC-PA has $10,180,243K in assets. $3,941,315K in debts. $25,077K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Land | 3,014,791 | 2,895,495 | 2,787,363 | |
| Buildings | 6,569,831 | 6,330,249 | 6,123,531 | |
| Less accumulated depreciation | 758,519 | 715,733 | 677,700 | |
| Real estate investments excluding property under development | 8,826,103 | 8,510,011 | 8,233,194 | |
| Property under development | 60,071 | 62,690 | 64,047 | |
| Net real estate investments | 8,886,174 | 8,572,701 | 8,297,241 | |
| Real estate held for sale, net | 3,077 | - | 706 | |
| Cash and cash equivalents | 25,077 | 16,295 | 13,696 | |
| Cash held in escrow | 6,128 | 4,327 | 3,182 | |
| Accounts receivable - tenants, net | 129,617 | 122,477 | 117,602 | |
| Lease intangibles, net of accumulated amortization of 609,190 and 576,945 at march 31, 2026 and december 31, 2025, respectively | 1,033,309 | 1,000,967 | 966,964 | |
| Other assets, net | 96,861 | 80,845 | 84,639 | |
| Total assets | 10,180,243 | 9,797,612 | 9,484,030 | |
| Mortgage notespayable, net | 41,370 | 41,546 | 41,718 | |
| Unsecured term loans, net | 596,683 | 348,074 | 347,900 | |
| Senior unsecured notes, net | 2,585,618 | 2,584,608 | 2,583,685 | |
| Unsecured revolving credit facility and commercial paper notes | 469,650 | 320,500 | 389,000 | |
| Dividends and distributions payable | 32,178 | 32,158 | 29,927 | |
| Accounts payable, accrued expenses, and other liabilities | 154,051 | 139,384 | 161,782 | |
| Lease intangibles, net of accumulated amortization of 46,998 and 49,797 at march 31, 2026 and december 31, 2025, respectively | 61,765 | 60,189 | 56,777 | |
| Total liabilities | 3,941,315 | 3,526,459 | 3,610,789 | |
| Preferred stock, 0.0001 par value per share, 4,000,000 shares authorized, 7,000 shares series a outstanding, at stated liquidation value of 25,000 per share, at march 31, 2026 and december 31, 2025 | 175,000 | 175,000 | 175,000 | |
| Common stock, 0.0001 par value, 360,000,000 shares authorized, 120,103,455 and 120,028,406 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 12 | 12 | 11 | |
| Additional paid-in-capital | 6,676,618 | 6,679,142 | 6,247,606 | |
| Dividends in excess of net income | 653,433 | 618,675 | 581,162 | |
| Accumulated other comprehensive income | 40,641 | 35,506 | 31,528 | |
| Total equity- agree realty corporation | 6,238,838 | 6,270,985 | 5,872,983 | |
| Non-controlling interest | 90 | 168 | 258 | |
| Total equity | 6,238,928 | 6,271,153 | 5,873,241 | |
| Total liabilities and equity | 10,180,243 | 9,797,612 | 9,484,030 | |
AGREE REALTY CORP (ADC-PA)
AGREE REALTY CORP (ADC-PA)