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Preferred Stock | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Preferred Stock | Note 6 – Preferred Stock: In October 2021, NNN redeemed all outstanding depositary shares (13,800,000) representing interests in its 5.200% Cumulative Redeemable Series F Preferred Stock ("Series F Preferred Stock"). The Series F Preferred Stock was redeemed at $25.00 per depositary share ($345,000,000), plus all accrued and unpaid dividends through, but not including, the redemption date, for an aggregate redemption price of $25.111944 per depositary share. The excess carrying amount of the Series F Preferred Stock redeemed over the cash paid to redeem the Series F Preferred Stock was $10,897,000, representing issuance costs which is reflected as a reduction to earnings attributable to common stockholders. NNN declared and paid $1.086944 per share ($14,999,000) to stockholders for NNN's Series F Preferred Stock during the year ended December 31, 2021. NNN's authorized capital stock includes 15,000,000 shares of preferred stock, par value $0.01 per share. As of December 31, 2023 and 2022, NNN had no shares of preferred stock issued and outstanding.

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- Definition The entire disclosure for terms, amounts, nature of changes, rights and privileges, dividends, and other matters related to preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505/tableOfContent + Details
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