XML 28 R20.htm IDEA: XBRL DOCUMENT v3.24.3

Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of ATM Program

The following outlines NNN's ATM:

		2023 ATM		2020 ATM
Shelf registration statement:
Effective date		August 2023		August 2020
Termination date		August 2026		August 2023
Total allowable shares		17,500,000		17,500,000
Total shares issued as of September 30, 2024		4,652,100		7,722,511

Schedule of Common Stock Issuances Pursuant to NNN's ATM

The following table outlines the common stock issuances pursuant to NNN's ATM (dollars in thousands, except per share data):

		Quarter Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Shares of common stock			3,848,657				—				4,652,100				650,135
Average price per share (net)		$	46.31			$	—			$	45.51			$	43.52
Net proceeds		$	178,235			$	(300	)		$	211,727			$	28,292
Stock issuance costs(1)		$	2,899			$	(300	)		$	3,134			$	858

(1) Stock issuance costs consist primarily of underwriters' and agents' fees and commissions, and legal and accounting fees.

Schedule of Common Stock Issuances Pursuant to NNN's DRIP

The following outlines the common stock issuances pursuant to NNN's DRIP (dollars in thousands):

		Quarter Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Shares of common stock			15,043				19,339				49,352				55,261
Net proceeds		$	675			$	763			$	1,988			$	2,302

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's common stock (dollars in thousands, except per share data):

		Quarter Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Dividends		$	106,077			$	102,647			$	311,920			$	301,793
Per share			0.5800				0.5650				1.7100				1.6650

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:	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

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration