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Stockholders' Equity | 6 Months Ended
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Jun. 30, 2018
Equity [Abstract] |
Stockholders' Equity | Stockholders' Equity: In February 2018, NNN filed a shelf registration statement with the Securities and Exchange Commission (the "Commission") which permits the issuance by NNN of an indeterminate amount of debt and equity securities. Dividend Reinvestment and Stock Purchase Plan – In February 2018, NNN filed a shelf registration statement with the Commission for its Dividend Reinvestment and Stock Purchase Plan ("DRIP") which permits the issuance by NNN of up to 10,000,000 shares of common stock. The following table outlines the common stock issuances pursuant to NNN's DRIP (dollars in thousands):
| Six Months Ended June 30,
| 2018 |  | 2017
Shares of common stock | 143,997 |  |  | 34,466 |
Net proceeds | $ | 5,471 |  |  | $ | 1,413 |
At-The-Market Offerings – NNN has established an at-the-market equity program ("ATM") which allows NNN to sell shares of common stock from time to time. The following outlines NNN's ATM programs:
| 2018 ATM | 2016 ATM
Established date | February 2018 |  | March 2016 |
Termination date | February 2021 |  | February 2018 |
Total allowable shares | 12,000,000 |  | 12,000,000 |
Total shares issued as of June 30, 2018 | 3,037,464 |  | 10,044,656 |
The following table outlines the common stock issuances pursuant to NNN's ATM equity programs for the six months ended June 30, 2018 (dollars in thousands, except per share data):
| Six Months Ended June 30,
| 2018 |  | 2017
Shares of common stock | 3,037,464 |  |  | 1,653,155 |
Average price per share (net) | $ | 41.17 |  |  | $ | 43.64 |
Net proceeds | $ | 125,052 |  |  | $ | 72,139 |
Stock issuance costs(1) | $ | 1,633 |  |  | $ | 1,183 |
(1) Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.
Dividends – The following table outlines the dividends declared and paid for each issuance of NNN's stock (dollars in thousands, except per share data):
| Quarter Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Series D preferred stock(1): |  |  |  |  |  |  |
Dividends | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3,598 |
Per depositary share | — |  |  | — |  |  | — |  |  | 0.312847 |
Series E preferred stock(2): |  |  |  |  |  |  |
Dividends | 4,096 |  |  | 4,096 |  |  | 8,194 |  |  | 8,194 |
Per depositary share | 0.356250 |  |  | 0.356250 |  |  | 0.712500 |  |  | 0.712500 |
Series F preferred stock(3): |  |  |  |  |  |  |
Dividends | 4,485 |  |  | 4,485 |  |  | 8,970 |  |  | 8,970 |
Per depositary share | 0.325000 |  |  | 0.325000 |  |  | 0.650000 |  |  | 0.650000 |
Common stock: |  |  |  |  |  |  |
Dividends | 72,850 |  |  | 67,660 |  |  | 145,583 |  |  | 134,440 |
Per share | 0.475 |  |  | 0.455 |  |  | 0.950 |  |  | 0.910 |
(1) The 6.625% Series D Cumulative Redeemable Preferred Stock (the "Series D Preferred Stock") was redeemed in February 2017. The dividends paid in 2017 included accumulated and unpaid dividends through the redemption date. (2) The 5.700% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") has no maturity date and will remain outstanding unless redeemed by NNN. As of May 2018, the Series E Preferred Stock is redeemable by NNN. (3) The 5.200% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Stock") has no maturity date and will remain outstanding unless redeemed by NNN. The earliest redemption date for the Series F Preferred Stock is October 2021. In July 2018, NNN declared a dividend of $0.500 per share, which is payable in August 2018 to its common stockholders of record as of July 31, 2018.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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