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Mortgages Payable | 12 Months Ended
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Dec. 31, 2014
Notes Payable, Noncurrent [Abstract] |
Mortgages Payable | Mortgages Payable: The following table outlines the mortgages payable included in NNN’s consolidated financial statements (dollars in thousands):
Entered(1) |  | Initial Balance |  | Interest Rate |  | Maturity(2) |  | Carrying Value of Encumbered Asset(s)(3) |  | Outstanding Principal Balance at December 31,
2014 |  | 2013
December 2001 |  | $ | 623 |  |  | 9.00% |  | April 2014 |  | $ | — |  |  | $ | — |  |  | $ | 27 |
December 2001 |  | $ | 698 |  |  | 9.00% |  | April 2019 |  | 868 |  |  | 223 |  |  | 263 |
December 2001 |  | 485 |  |  | 9.00% |  | April 2019 |  | 841 |  |  | 116 |  |  | 136 |
February 2004 |  | 6,952 |  |  | 6.90% |  | January 2017 |  | 10,554 |  |  | 1,577 |  |  | 2,257 |
March 2005 |  | 1,015 |  |  | 8.14% |  | September 2016 |  | 1,245 |  |  | 222 |  |  | 335 |
June 2012(4) |  | 6,850 |  |  | 5.75% |  | April 2016 |  | 8,529 |  |  | 6,180 |  |  | 6,457 |
September 2014(4) |  | 2,957 |  |  | 6.40% |  | February 2017 |  | 3,797 |  |  | 2,922 |  |  | — |
November 2014(4) |  | 15,151 |  |  | 5.23% |  | July 2023 |  | 22,376 |  |  | 15,099 |  |  | — |
|  |  |  |  |  |  |  | $ | 48,210 |  |  | $ | 26,339 |  |  | $ | 9,475 |
(1) | Date entered represents the date that NNN acquired real estate subject to a mortgage securing a loan.
(2) | Monthly payments include interest and principal, if any; the balance is due at maturity.
(3) | Each loan is secured by a first mortgage lien on certain of the Properties. The carrying values of the assets are as of December 31, 2014.
(4) | Initial balance and outstanding principal balance includes unamortized premium.
The following is a schedule of the scheduled principal payments, net of premium amortization of NNN’s mortgages payable at December 31, 2014 (dollars in thousands):
2015 | $ | 1,870 |
2016 | 7,514 |
2017 | 3,441 |
2018 | 710 |
2019 | 688 |
Thereafter | 12,116 |
| $ | 26,339 |

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