XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.20.2

Stockholders' Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Equity [Abstract] |
Schedule of Common Stock Issuances Pursuant to DRIP | The following table outlines the common stock issuances pursuant to NNN's DRIP (dollars in thousands):
| Six Months Ended June 30, |  |
| 2020 |  | 2019
Shares of common stock | 33,246 |  |  | 137,316 |
Net proceeds | $ | 1,321 |  |  | $ | 7,166 |
Schedule of ATM Program | The following outlines NNN's ATM program:
| 2018 ATM
Established date | February 2018
Termination date | February 2021
Total allowable shares | 12,000,000 |
Total shares issued as of June 30, 2020 | 11,140,162 |
Schedule of Common Stock Issuances Pursuant to Equity Programs | The following table outlines the common stock issuances pursuant to NNN's ATM equity programs (dollars in thousands, except per share data):
| Six Months Ended June 30, |  |
| 2020 |  | 2019
Shares of common stock | 1,417,977 |  |  | 1,495,548 |
Average price per share (net) | $ | 36.68 |  |  | $ | 53.52 |
Net proceeds | $ | 52,018 |  |  | $ | 80,046 |
Stock issuance costs(1) | $ | 746 |  |  | $ | 766 |
(1) Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees. |  |  |
Schedule of Dividends Declared and Paid | 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, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Series E preferred stock(1): |  |  |  |  |  |  |
Dividends | $ | — |  |  | $ | 4,096 |  |  | $ | — |  |  | $ | 8,194 |
Per depositary share | — |  |  | 0.356250 |  |  | — |  |  | 0.712500 |
Series F preferred stock(2): |  |  |  |  |  |  |
Dividends | 4,485 |  |  | 4,485 |  |  | 8,970 |  |  | 8,970 |
Per depositary share | 0.325000 |  |  | 0.325000 |  |  | 0.650000 |  |  | 0.650000 |
Common stock: |  |  |  |  |  |  |
Dividends | 88,270 |  |  | 81,074 |  |  | 176,418 |  |  | 161,639 |
Per share | 0.515 |  |  | 0.500 |  |  | 1.030 |  |  | 1.000 |
(1)The 5.700% Series E Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") was redeemed in October 2019. The dividends paid in 2019 include accumulated and unpaid dividends through, but not including, the redemption date. (2)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.

X
- Definition Schedule of Dividends Declared and Paid [Table Text Block] + References No definition available. + Details
Name: | nnn_ScheduleOfDividendsDeclaredAndPaidTableTextBlock
Namespace Prefix: | nnn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of At The Market Equity Program [Table Text Block] + References No definition available. + Details
Name: | nnn_ScheduleofAtTheMarketEquityProgramTableTextBlock
Namespace Prefix: | nnn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of sales of stock or previously unissued stock made by subsidiary or equity method investee to investors outside the consolidated group. This includes stock issued in a business combination in exchange for shares of an acquired entity. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSaleOfStockBySubsidiaryOrEquityMethodInvesteeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration