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Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Earnings including noncontrolling interests $ 160,085,000 $ 141,937,000 $ 92,416,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 99,617,000 75,334,000 58,817,000
Impairment losses and other charges 4,106,000 10,114,000 2,115,000
Impairment – commercial mortgage residual interests valuation 1,185,000 2,812,000 1,024,000
Amortization of notes payable discount 3,188,000 4,976,000 6,191,000
Amortization of debt costs 3,118,000 2,584,000 0
Amortization of mortgages payable premium (57,000) (29,000) 0
Amortization of deferred interest rate hedges 438,000 231,000 9,000
Interest rate hedge payment (3,141,000) 0 (5,218,000)
Equity in earnings of unconsolidated affiliate 0 (4,074,000) (474,000)
Distributions received from unconsolidated affiliate 0 7,019,000 593,000
Gain on disposition of real estate (6,445,000) (10,956,000) (721,000)
Deferred income taxes 800,000 637,000 796,000
Income tax valuation allowance 0 (7,671,000) 0
Performance incentive plan expense 8,518,000 10,136,000 8,283,000
Performance incentive plan payment (2,138,000) 0 0
Change in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:      
Additions to held for sale real estate (1,029,000) (6,616,000) (1,025,000)
Proceeds from disposition of held for sale real estate 0 0 1,993,000
Decrease in real estate leased to others using the direct financing method 1,573,000 1,624,000 1,595,000
Decrease (increase) in mortgages, notes and accrued interest receivable 641,000 (187,000) (96,000)
Decrease (increase) in receivables 62,000 (264,000) 1,108,000
Decrease (increase) in accrued rental income 368,000 (456,000) 253,000
Decrease in other assets 400,000 1,657,000 746,000
Increase (decrease) in accrued interest payable (385,000) 2,419,000 7,766,000
Increase (decrease) in other liabilities 3,841,000 (2,002,000) 2,682,000
Other (324,000) (1,095,000) (1,125,000)
Net cash provided by operating activities 274,421,000 228,130,000 177,728,000
Cash flows from investing activities:      
Proceeds from the disposition of real estate 60,626,000 81,402,000 10,696,000
Additions to real estate:      
Accounted for using the operating method (637,417,000) (684,925,000) (756,633,000)
Accounted for using the direct financing method 0 0 (1,747,000)
Increase in mortgages and notes receivable (3,857,000) (8,768,000) (9,838,000)
Principal payments on mortgages and notes receivable 14,617,000 12,804,000 6,837,000
Cash received from commercial mortgage residual interests 0 0 0
Payment of lease costs (1,186,000) (2,594,000) (1,589,000)
Return of investment from unconsolidated affiliate 0 1,220,000 0
Other (823,000) (898,000) 206,000
Net cash used in investing activities (568,040,000) (601,759,000) (752,068,000)
Cash flows from financing activities:      
Proceeds from line of credit payable 601,800,000 1,184,900,000 805,300,000
Repayment of line of credit payable (729,600,000) (1,076,300,000) (900,700,000)
Repayment of mortgages payable (1,070,000) (19,390,000) (1,098,000)
Proceeds from notes payable 347,406,000 320,011,000 295,731,000
Repayment of notes payable 0 (50,000,000) 0
Repayment of notes payable – convertible (246,797,000) (164,649,000) 0
Payment of debt costs (3,265,000) (4,512,000) (5,582,000)
Proceeds from issuance of common stock 267,613,000 185,223,000 540,560,000
Redemption of Series C preferred stock 0 (92,000,000) 0
Stock issuance costs (13,529,000) (12,237,000) (19,328,000)
Payment of common stock dividends (189,107,000) (167,495,000) (133,720,000)
Noncontrolling interest distributions 0 0 (45,000)
Noncontrolling interest contributions 0 0 41,000
Net cash provided by financing activities 293,028,000 373,623,000 574,374,000
Net increase (decrease) in cash and cash equivalents (591,000) (6,000) 34,000
Cash and cash equivalents at beginning of year 2,076,000 2,082,000 2,048,000
Cash and cash equivalents at end of year 1,485,000 2,076,000 2,082,000
Supplemental disclosure of cash flow information:      
Interest paid, net of amount capitalized 80,930,000 75,283,000 63,474,000
Taxes paid (received) 360,000 201,000 (561,000)
Supplemental disclosure of noncash investing and financing activities:      
Issued 2,407,911 shares of common stock for conversion premium on 2028 Notes 85,224,000 0 0
Issued 298,896, 398,578 and 141,351 shares of restricted and unrestricted common stock in 2013, 2012 and 2011, respectively, pursuant to NNN’s performance incentive plan 8,218,000 8,638,000 3,456,000
Issued 16,605, 16,078 and 9,632 shares of common stock in 2013, 2012 and 2011, respectively, to directors pursuant to NNN’s performance incentive plan 582,000 463,000 250,000
Issued 12,308, 19,212 and 26,023 shares of common stock in 2013, 2012 and 2011, respectively, pursuant to NNN’s Deferred Director Fee Plan 162,000 298,000 449,000
Surrender of 241, 15,286 and 5,215 shares of restricted common stock in 2013, 2012 and 2011, respectively 7,000 357,000 109,000
Change in other comprehensive income 2,123,000 1,448,000 (5,491,000)
Change in lease classification (direct financing lease to operating lease) 1,156,000 1,678,000 3,407,000
Mortgages payable assumed in connection with real estate transactions 750,000 6,634,000 0
Real estate acquired in connection with mortgage receivable foreclosure 0 490,000 0
Real estate received in note receivable foreclosure 0 1,595,000 0
Series C Preferred Stock
     
Cash flows from financing activities:      
Payment of preferred stock dividends 0 (1,979,000) (6,785,000)
Series D Preferred Stock
     
Cash flows from financing activities:      
Proceeds from issuance of preferred stock 0 287,500,000 0
Payment of preferred stock dividends (19,047,000) (15,449,000) 0
Series E Preferred Stock
     
Cash flows from financing activities:      
Proceeds from issuance of preferred stock 287,500,000 0 0
Payment of preferred stock dividends $ (8,876,000) $ 0 $ 0