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Mortgages Payable (Tables) | 12 Months Ended
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Dec. 31, 2016
Notes Payable, Noncurrent [Abstract] |
Schedule of Long-term Debt Instruments | 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,
2016 |  | 2015
February 2004(6) |  | $ | 6,952 |  |  | 6.90% |  | January 2017 |  | $ | — |  |  | $ | — |  |  | $ | 848 |
June 2012(4)(5) |  | 6,850 |  |  | 5.75% |  | April 2016 |  | — |  |  | — |  |  | 5,890 |
September 2014(4)(7) |  | 2,957 |  |  | 6.40% |  | February 2017 |  | — |  |  | — |  |  | 2,804 |
November 2014(4) |  | 15,151 |  |  | 5.23% |  | July 2023 |  | 21,403 |  |  | 13,987 |  |  | 14,555 |
|  |  |  |  |  |  |  | $ | 21,403 |  |  | 13,987 |  |  | 24,097 |
Debt costs |  |  |  |  |  |  |  |  |  | (147 | ) |  | (226 | )
Accumulated amortization |  |  |  |  |  |  |  | 38 |  |  | 93 |
Debt costs, net of accumulated amortization |  |  |  | (109 | ) |  | (133 | )
Mortgages payable, including unamortized premium and net of unamortized debt costs |  |  |  | $ | 13,878 |  |  | $ | 23,964 |
(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 at December 31, 2016.
(4) | Initial balance and outstanding principal balance includes unamortized premium.
(5) | NNN repaid the outstanding principal balance in January 2016.
(6) | NNN repaid the outstanding principal balance in March 2016.
(7) | NNN repaid the outstanding principal balance in October 2016.
Schedule of Maturities of Long-term Debt | The following is a schedule of the scheduled principal payments, including premium amortization of NNN’s mortgages payable at December 31, 2016 (dollars in thousands):
2017 | $ | 596 |
2018 | 623 |
2019 | 652 |
2020 | 682 |
2021 | 716 |
Thereafter | 10,718 |
| $ | 13,987 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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