XML 54 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Dividends (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Dividends [Abstract] |
Schedule of Dividends Declared and Paid | The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (in thousands, except per share data):
|  | 2021 |  |  | 2020 |  |  | 2019 |
Dividends |  | $ | 367,291 |  |  | $ | 356,409 |  |  | $ | 333,692 |
Per share |  |  | 2.1000 |  |  |  | 2.0700 |  |  |  | 2.0300 |
Common Stock, Dividends Paid | The following presents the characterization for tax purposes of common stock dividends per share paid to stockholders for the years ended December 31:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Ordinary dividends(1) |  | $ | 1.615753 |  |  | $ | 1.659755 |  |  | $ | 1.762899 |
Nontaxable distributions |  |  | 0.484247 |  |  |  | 0.410245 |  |  |  | 0.267101 |
|  | $ | 2.100000 |  |  | $ | 2.070000 |  |  | $ | 2.030000 |
(1) Eligible for the 20% qualified business income deduction under section 199A of the Code.
Preferred Stock, Dividends Paid | The following presents the dividends declared and paid to stockholders for NNN's preferred stock for the years ended December 31 (dollars in thousands, except per share data):
|  | Series F(1) |  |  | Series E(2) |
|  | 2021 |  |  | 2020 |  |  | 2019 |  |  | 2019 |
Dividends |  | $ | 14,999 |  |  | $ | 17,940 |  |  | $ | 17,940 |  |  | $ | 13,201 |
Per share(3) |  |  | 1.086944 |  |  |  | 1.3000 |  |  |  | 1.3000 |  |  |  | 1.147917 |
(1) The Series F Preferred Stock was redeemed in October 2021. The dividends paid in 2021 include accumulated and unpaid dividends through, but not including, the redemption date. (2) 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.

X
- Definition Common Stock, Dividends Paid [Table Text Block] + References No definition available. + Details
Name: | nnn_CommonStockDividendsPaidTableTextBlock
Namespace Prefix: | nnn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Preferred Stock, Dividends Paid [Table Text Block] + References No definition available. + Details
Name: | nnn_PreferredStockDividendsPaidTableTextBlock
Namespace Prefix: | nnn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

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