Dividends (Tables)

12 Months Ended

Dec. 31, 2013

The following presents the characterization for tax purposes of common stock dividends per share paid to stockholders for the years ended December 31:



	2013		2012		2011
Ordinary dividends	$	1.224568	$	1.199003	$	1.088228
Qualified dividends	0.056784		0.013346		—
Capital gain	—		0.021358		—
Unrecaptured Section 1250 Gain	0.000650		0.048890		—
Nontaxable distributions	0.317998		0.277403		0.441772
	$	1.600000	$	1.560000	$	1.530000

Preferred Stock, Dividends Paid

The following presents the characterization for tax purposes of Series C, D and E Preferred Stock dividends per share paid to stockholders for the year ended December 31:



	Series E		Series D				Series C
	2013		2013		2012		2012		2011
Ordinary dividends	$	0.741150	$	1.590323	$	1.255844	$	0.502710	$	1.843750
Qualified dividends	0.030332		0.065084		0.013979		0.005596		—
Capital gain	—		—		0.022371		0.008956		—
Unrecaptured Section 1250 Gain	0.000393		0.000843		0.051209		0.020498		—
	$	0.771875	$	1.656250	$	1.343403	$	0.537760	$	1.843750

Common Stock

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (in thousands, except per share data):



	2013		2012		2011
Dividends	$	189,107	$	167,495	$	133,720
Per share	1.600		1.560		1.530

Preferred Stock

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's preferred stock for the years ended December 31(in thousands, except per share data):



		2013		2012		2011
Series C Preferred Stock ⁽¹⁾:
	Dividends	$	—	$	1,979	$	6,785
	Per share	—		0.537760		1.843750

Series D Preferred Stock ⁽²⁾:
	Dividends	19,047		15,449		—
	Per share	1.656250		1.343403		—

Series E Preferred Stock ⁽³⁾:
	Dividends	8,876		—		—
	Per share	0.771875		—		—

¹⁾The Series C Preferred Stock was redeemed in March 2012. The dividends paid during the quarter ended March 31, 2012 include accumulated and unpaid dividends through the redemption date.

²⁾The Series D Preferred Stock dividends paid during the quarter ended June 30, 2012 include accumulated and unpaid dividends from the issuance date through the declaration date. The Series D Preferred Stock has no maturity date and will remain outstanding unless redeemed.

³⁾The Series E Preferred Stock dividends paid during the quarter ended September 30, 2013 include accumulated and unpaid dividends from the issuance date through the declaration date. The Series E Preferred Stock has no maturity date and will remain outstanding unless redeemed.