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Stockholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2021
Equity [Abstract] |
Schedule of ATM Program | The following outlines NNN's ATM programs:
| 2020 ATM | 2018 ATM
Established date | August 2020 | February 2018
Termination date | August 2023 | August 2020
Total allowable shares | 17,500,000 |  | 12,000,000 |
Total shares issued as of March 31, 2021 | 1,599,304 |  | 11,272,034 |
Schedule of Common Stock Issuances Pursuant to Equity Programs | The following table outlines the common stock issuances pursuant to NNN's ATM equity programs for the quarter ended March 31, 2021 (dollars in thousands, except per share data):
| 2021 |  |
Shares of common stock | 30,000 |  |  |
Average price per share (net) | $ | 38.59 |  |  |
Net proceeds | $ | 1,158 |  |  |
Stock issuance costs(1) | $ | 75 |  |  |
(1) Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.
Schedule of Common Stock Issuances Pursuant to DRIP | The following table outlines the common stock issuances pursuant to NNN's DRIP (dollars in thousands):
| Quarter Ended March 31,
| 2021 |  | 2020
Shares of common stock | 15,769 |  |  | 12,528 |
Net proceeds | $ | 569 |  |  | $ | 696 |
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 March 31, |  |
| 2021 |  | 2020 |  |  |  |
Series F preferred stock(1): |  |  |  |  |  |  |
Dividends | $ | 4,485 |  |  | $ | 4,485 |  |  |  |  |
Per depositary share | 0.3250 |  |  | 0.3250 |  |  |  |  |
Common stock: |  |  |  |  |  |  |
Dividends | 90,848 |  |  | 88,148 |  |  |  |  |
Per share | 0.5200 |  |  | 0.5150 |  |  |  |  |
(1)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.

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