Agree Realty Corp (ADC)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-1998 | 12-1997 | 12-1996 | |
| Assets | |||
| PPE Gross | 166,921 | 142,748 | 132,474 |
| Accumulated depreciation/depletion/amortization | -23,022 | -20,043 | -17,339 |
| PPE Net | 0 | 122,705 | 115,135 |
| Cash & Cash Equivalents | 990 | N/A | N/A |
| Receivables | 640 | 474 | 639 |
| Other assets | 148,010 | 7,313 | 5,608 |
| Total Assets | $149,640 | $130,492 | $121,382 |
| Liabilities | |||
| Long Term Debt | 35,150 | 65,170 | 87,897 |
| Payables And Accrued Expenses | 11,340 | 0 | 0 |
| Other liabilities | 58,910 | 0 | 0 |
| Total Liabilities | $96,220 | $65,170 | $87,897 |
| Shareholders' Equity | |||
| Additional Paid Capital | 62,870 | N/A | N/A |
| Retained earnings | -9,440 | N/A | N/A |
| Other shareholders' equity | -10 | 54,966 | 24,442 |
| TOTAL | $53,420 | $54,966 | $24,442 |
| Total Liabilities And Equity | $149,640 | $120,136 | $112,339 |