XML 30 R22.htm IDEA: XBRL DOCUMENT
v3.25.2

Stockholders' Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
Schedule of ATM Program | The following outlines NNN's ATM:
|  | 2023 ATM
Shelf registration statement: |  |
Effective date |  | August 2023
Termination date |  | August 2026
Total allowable shares |  | 17,500,000
Total shares issued as of June 30, 2025 |  | 4,889,006
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 June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Shares of common stock |  |  | 236,906 |  |  |  | 303,443 |  |  |  | 236,906 |  |  |  | 803,443 |
Average price per share (net) |  | $ | 42.48 |  |  | $ | 41.81 |  |  | $ | 42.12 |  |  | $ | 41.69 |
Net proceeds |  | $ | 10,063 |  |  | $ | 12,687 |  |  | $ | 9,978 |  |  | $ | 33,493 |
Stock issuance costs(1) |  | $ | 167 |  |  | $ | 115 |  |  | $ | 252 |  |  | $ | 234 |
(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 June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Shares of common stock |  |  | 17,316 |  |  |  | 14,815 |  |  |  | 34,092 |  |  |  | 34,309 |
Net proceeds |  | $ | 707 |  |  | $ | 604 |  |  | $ | 1,363 |  |  | $ | 1,313 |
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 June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Dividends |  | $ | 108,566 |  |  | $ | 103,159 |  |  | $ | 216,901 |  |  | $ | 205,843 |
Per share |  |  | 0.5800 |  |  |  | 0.5650 |  |  |  | 1.1600 |  |  |  | 1.1300 |

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://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -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