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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Earnings including noncontrolling interests $ 132,057,000 $ 122,609,000
Adjustments to reconcile earnings including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization 81,469,000 71,144,000
Impairment losses – real estate and other charges, net of recoveries 1,167,000 6,031,000
Impairment – commercial mortgage residual interests valuation 0 852,000
Amortization of notes payable discount 878,000 683,000
Amortization of debt costs 1,727,000 1,513,000
Amortization of mortgages payable premium (42,000) (89,000)
Amortization of deferred interest rate hedges 903,000 1,402,000
Gain on disposition of real estate (17,679,000) (18,053,000)
Performance incentive plan expense 10,204,000 5,804,000
Performance incentive plan payment (862,000) (581,000)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Decrease in real estate leased to others using the direct financing method 443,000 692,000
Decrease in receivables 1,210,000 1,139,000
Increase in accrued rental income (904,000) (157,000)
Decrease in other assets 858,000 136,000
Increase (decrease) in accrued interest payable 256,000 (975,000)
Increase (decrease) in other liabilities 3,428,000 (3,971,000)
Other (42,000) (531,000)
Net cash provided by operating activities 215,071,000 187,648,000
Cash flows from investing activities:    
Proceeds from the disposition of real estate 48,595,000 73,066,000
Additions to real estate:    
Accounted for using the operating method (398,963,000) (485,573,000)
Principal payments on mortgages and notes receivable 0 123,000
Other (431,000) (1,812,000)
Net cash used in investing activities (350,799,000) (414,196,000)
Cash flows from financing activities:    
Proceeds from line of credit payable 705,200,000 598,500,000
Repayment of line of credit payable (489,700,000) (451,200,000)
Repayment of mortgages payable (253,000) (6,990,000)
Payment of debt costs (172,000) (159,000)
Proceeds from issuance of common stock 74,503,000 219,448,000
Stock issuance costs (1,238,000) (3,379,000)
Redemption of Series D preferred stock (287,500,000) 0
Payment of common stock dividends (134,440,000) (123,602,000)
Net cash provided by (used in) financing activities (154,362,000) 214,901,000
Net decrease in cash, cash equivalents and restricted cash (290,090,000) (11,647,000)
Cash, cash equivalents and restricted cash at beginning of period [1] 294,540,000 14,260,000
Cash, cash equivalents and restricted cash at end of period [1] 4,450,000 2,613,000
Supplemental disclosure of cash flow information:    
Interest paid, net of amount capitalized 51,279,000 45,960,000
Taxes received (3,000) 0
Supplemental disclosure of noncash investing and financing activities:    
Change in other comprehensive income 798,000 2,374,000
Change in lease classification (direct financing lease to operating lease) 696,000 0
Restricted cash and cash held in escrow 0 242,000
Series D Depositary Share    
Cash flows from financing activities:    
Payment of Series D, E and F preferred stock dividends (3,598,000) (9,523,000)
Series E Depositary Share    
Cash flows from financing activities:    
Payment of Series D, E and F preferred stock dividends (8,194,000) (8,194,000)
Series F Preferred Stock    
Cash flows from financing activities:    
Payment of Series D, E and F preferred stock dividends $ (8,970,000) $ 0
[1] Cash, cash equivalents and restricted cash at the end of the period is the aggregate of Cash and cash equivalents and Restricted cash and cash held in escrow from the Consolidated Balance Sheets. NNN had no restricted cash and cash held in escrow at June 30, 2017 and $242 at June 30, 2016.