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Common Stock | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Common Stock | Common Stock: In February 2018, NNN filed a shelf registration statement with 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 10,000,000 shares of common stock. The following outlines the common stock issuances pursuant to the DRIP for the year ended December 31 (dollars in thousands):
| 2018 |  | 2017 |  | 2016
Shares of common stock | 311,048 |  |  | 229,696 |  |  | 187,626 |
Net proceeds | $ | 13,264 |  |  | $ | 9,391 |  |  | $ | 8,340 |
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 |  | 2015 ATM
Established date | February 2018 |  |  | March 2016 |  |  | February 2015 |
Termination date | February 2021 |  |  | February 2018 |  |  | March 2016 |
Total allowable shares | 12,000,000 |  |  | 12,000,000 |  |  | 10,000,000 |
Total shares issued as of December 31, 2018 | 7,378,163 |  |  | 10,044,656 |  |  | 9,852,465 |
The following table outlines the common stock issuances pursuant to NNN's ATM equity programs (dollars in thousands, except per share data):
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Shares of common stock | 7,378,163 |  |  | 5,821,366 |  |  | 5,716,222 |
Average price per share (net) | $ | 44.48 |  |  | $ | 41.88 |  |  | $ | 46.48 |
Net proceeds | $ | 328,196 |  |  | $ | 243,822 |  |  | $ | 265,696 |
Stock issuance costs(1) | $ | 3,821 |  |  | $ | 3,782 |  |  | $ | 4,266 |
(1) Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.

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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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