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Real Estate - Portfolio (Tables) | 12 Months Ended
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Dec. 31, 2012
Real Estate Investments, Net [Abstract] |
Classification Of Investment Property Leases | The following outlines key information for NNN’s leases at December 31, 2012:
Lease classification: |
Operating | 1,604 |
Direct financing | 13 |
Building portion – direct financing / land portion – operating | 5 |
Weighted average remaining lease term | 12 years |
Summary Of Real Estate Subject To Operating Leases | Real estate subject to operating leases consisted of the following as of December 31 (dollars in thousands):
| 2012 |  | 2011
Land and improvements | $ | 1,461,263 |  |  | $ | 1,313,672 |
Buildings and improvements | 2,556,271 |  |  | 2,119,231 |
Leasehold interests | 1,290 |  |  | 1,290 |
| 4,018,824 |  |  | 3,434,193 |
Less accumulated depreciation and amortization | (333,238 | ) |  | (270,115 | )
| 3,685,586 |  |  | 3,164,078 |
Work in progress | 84,231 |  |  | 60,210 |
| $ | 3,769,817 |  |  | $ | 3,224,288 |
Remaining Funding Commitments | As of December 31, 2012, in connection with the development of Properties, NNN has the following funding commitments (dollars in thousands):
| # of Properties |  | Total Commitment(1) |  | Amount Funded |  | Remaining Commitment
Real Estate Portfolio | 54 |  |  | $ | 164,420 |  |  | $ | 127,235 |  |  | $ | 37,185 |
(1) | Includes land, construction costs and tenant improvements.
Schedule of Future Minimum Lease Payments for Capital Leases | The following is a schedule of future minimum lease payments to be received on noncancellable operating leases at December 31, 2012 (dollars in thousands):
2013 | $ | 336,674 |
2014 | 329,325 |
2015 | 322,164 |
2016 | 316,470 |
2017 | 307,046 |
Thereafter | 2,639,001 |
| $ | 4,250,680 |
Net Investment in Direct Financing Leases | The following lists the components of net investment in direct financing leases at December 31 (dollars in thousands):
| 2012 |  | 2011
Minimum lease payments to be received | $ | 27,963 |  |  | $ | 32,587 |
Estimated unguaranteed residual values | 10,142 |  |  | 11,464 |
Less unearned income | (14,888 | ) |  | (17,533 | )
Net investment in direct financing leases | $ | 23,217 |  |  | $ | 26,518 |
Schedule of Future Minimum Lease Receivables for Financing Leases | The following is a schedule of future minimum lease payments to be received on direct financing leases held for investment at December 31, 2012 (dollars in thousands):
2013 | $ | 3,853 |
2014 | 3,454 |
2015 | 3,160 |
2016 | 3,077 |
2017 | 2,239 |
Thereafter | 12,180 |
| $ | 27,963 |
The above table does not include future minimum lease payments for renewal periods, potential variable CPI rent increases or contingent rental payments that may become due in future periods (see Real Estate Portfolio – Accounted for Using the Operating Method).

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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- Definition Tabular disclosure of lessor's property under leasing agreements and property available for lease (not currently under lease) by property class, the gross amount, accumulated depreciation and net amount of as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 13 -Paragraph 23 -Subparagraph b(i) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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