XML 19 R2.htm IDEA: XBRL DOCUMENT
v3.26.1

Pay vs Performance Disclosure | 4 Months Ended | 12 Months Ended | 20 Months Ended
--- | --- | --- | ---
Apr. 28, 2022 | Dec. 31, 2025 USD ($) UsdPerShare | Dec. 31, 2024 USD ($) UsdPerShare | Dec. 31, 2023 USD ($) UsdPerShare | Dec. 31, 2022 USD ($) UsdPerShare | Dec. 31, 2021 USD ($) UsdPerShare | Dec. 31, 2023
Pay vs Performance Disclosure |  |  |  |  |  |  |
Pay vs Performance Disclosure, Table |  | Pay versus Performanc e The following table provides information about the relationship between compensation actually paid (“CAP”) for our NEOs and certain financial performance of the Company. Please refer to the section entitled "Executive Compensation - Compensation Discussion and Analysis" for a more complete discussion on how executive compensation relates to performance and how the Committee makes its decisions.
| Julian E. Whitehurst (2) |  | Stephen A. Horn, Jr. (3) |  | Average SCT Total for | Average CAP to | Value of Initial Fixed $100 Investment Base On: |  |  |  |
Year | SCT Total for CEO $ | CAP to CEO $ |  | SCT Total for CEO $ | CAP to CEO $ |  | Non-CEO NEOs $ | Non-CEO NEOs $ | Company TSR $ | Peer Group TSR (1) $ |  | Net Income $ |  | Core FFO per Share $
2025 | - | - |  | 9,730,926 | 11,628,346 |  | 2,501,051 | 2,834,846 | 102.13 | 119.49 |  | 389,777,000 |  | 3.41
2024 | - | - |  | 8,418,498 | 7,051,148 |  | 2,115,652 | 1,923,107 | 99.27 | 87.69 |  | 396,835,000 |  | 3.32
2023 | - | - |  | 7,194,654 | 6,320,139 |  | 2,308,351 | 2,101,005 | 122.12 | 118.03 |  | 392,340,000 |  | 3.26
2022 | 5,010,993 | 9,118,484 |  | 6,776,699 | 8,868,801 |  | 2,544,244 | 3,624,286 | 99.13 | 100.62 |  | 334,626,000 |  | 3.14
2021 | 7,785,586 | 7,727,120 |  | - | - |  | 2,591,922 | 2,682,871 | 99.22 | 134.06 |  | 264,217,000 |  | 2.86
(1) NNN’s peer group TSR is based on FNER, which is the index used for purposes of the performance graphs in Part II, Item 5 of the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and the section entitled "Executive Compensation - Compensation Discussion and Analysis". (2) The following represents the adjustments made to the SCT totals to derive the compensation actually paid to Mr. Whitehurst in his role as CEO. Mr. Whitehurst served as the CEO through the entire reporting period until his retirement on April 28, 2022.
Adjustments |  | 2022 $ | 2021 $
Amounts reported in “Stock Awards” column of SCT |  | (3,413,088) | (4,306,835)
Fair value of outstanding and unvested equity awards granted in the current year |  | 4,994,125 | 4,529,787
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 2,639,640 | (814,466)
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | (188,929) | 72,371
Addition for the Common Stock dividends paid on unvested stock awards |  | 75,743 | 460,677
Total Adjustments |  | 4,107,491 | (58,466)
(3) The following represents the adjustments made to the SCT total to derive the compensation actually paid to Mr. Horn in his role as CEO. Mr. Horn has served as the CEO since April 29, 2022.
Adjustments |  | 2025 $ | 2024 $ | 2023 $ | 2022 $
Amounts reported in “Stock Awards” column of SCT |  | (6,664,544) | (5,808,642) | (4,385,780) | (3,958,062)
Fair value of outstanding and unvested equity awards granted in the current year |  | 7,043,422 | 5,193,551 | 3,718,014 | 5,152,995
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 854,063 | (1,004,033) | (395,561) | 784,246
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | (28,114) | (109,603) | (47,083) | (10,370)
Addition for the Common Stock dividends paid on unvested stock awards |  | 692,593 | 361,377 | 235,895 | 123,293
Total Adjustments |  | 1,897,420 | (1,367,350) | (874,515) | 2,092,102
(4) The following represents the adjustments made to the SCT totals for our non-CEO NEOs to derive the average compensation actually paid for our non-CEO named executive officers.
Adjustments |  | 2025 $ | 2024 $ | 2023 $ | 2022 $ | 2021 $
Amounts reported in “Stock Awards” column of SCT |  | (1,369,896) | (1,034,154) | (1,112,801) | (1,100,638) | (1,140,025)
Fair value of outstanding and unvested equity awards granted in the current year |  | 1,444,800 | 924,656 | 973,724 | 1,511,141 | 1,199,019
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 154,683 | (158,372) | (195,207) | 618,455 | (126,740)
Fair value of stock awards granted and vested in the current year |  | - | - | - | - | -
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | 2,579 | (36,641) | 11,248 | (10,217) | 18,156
Addition for the Common Stock dividends paid on unvested stock awards |  | 101,629 | 111,966 | 115,690 | 61,301 | 140,539
Total Adjustments |  | 333,795 | (192,545) | (207,346) | 1,080,042 | 90,949
(5) T he NEOs included in the non-CEO NEOs average for each year are as follows:
2025 | Messrs. Habicht, Chao and Adamo and Mses. Steffens and Miller
2024 | Messrs. Habicht and Adamo and Mses. Steffens and Miller
2023 | Messrs. Habicht, Adamo and Christopher P. Tessitore, our former Executive Vice President, General Counsel and Secretary, and Ms. Miller
2022 | Messrs. Habicht and Tessitore and Ms. Miller
2021 | Messrs. Horn, Habicht and Tessitore and Ms. Miller
Mr. Habicht retired from the Company on March 31, 2025, at which time (i) the vesting of his service-based restricted stock awards was accelerated, (ii) he received a prorated annual performance bonus, and (iii) he forfeited the February 17, 2025 performance-based and service-based restricted stock grants. Refer to the “Summary Compensation Table” and the “Grants of Plan-Based Awards" table. Excluding Mr. Habicht, the 2025 Average SCT Total for and the 2025 Average CAP to Non-CEO NEOs is $2,261,734 and $2,409,799, respectively. |  |  |  |  |
Company Selected Measure Name |  | Core FFO per Share |  |  |  |  |
Named Executive Officers, Footnote |  | (5) T he NEOs included in the non-CEO NEOs average for each year are as follows:
2025 | Messrs. Habicht, Chao and Adamo and Mses. Steffens and Miller
2024 | Messrs. Habicht and Adamo and Mses. Steffens and Miller
2023 | Messrs. Habicht, Adamo and Christopher P. Tessitore, our former Executive Vice President, General Counsel and Secretary, and Ms. Miller
2022 | Messrs. Habicht and Tessitore and Ms. Miller
2021 | Messrs. Horn, Habicht and Tessitore and Ms. Miller
Mr. Habicht retired from the Company on March 31, 2025, at which time (i) the vesting of his service-based restricted stock awards was accelerated, (ii) he received a prorated annual performance bonus, and (iii) he forfeited the February 17, 2025 performance-based and service-based restricted stock grants. Refer to the “Summary Compensation Table” and the “Grants of Plan-Based Awards" table. Excluding Mr. Habicht, the 2025 Average SCT Total for and the 2025 Average CAP to Non-CEO NEOs is $2,261,734 and $2,409,799, respectively. |  |  |  |  |
Peer Group Issuers, Footnote |  | (1) NNN’s peer group TSR is based on FNER, which is the index used for purposes of the performance graphs in Part II, Item 5 of the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and the section entitled "Executive Compensation - Compensation Discussion and Analysis". |  |  |  |  |
Adjustment To PEO Compensation, Footnote |  | (2) The following represents the adjustments made to the SCT totals to derive the compensation actually paid to Mr. Whitehurst in his role as CEO. Mr. Whitehurst served as the CEO through the entire reporting period until his retirement on April 28, 2022.
Adjustments |  | 2022 $ | 2021 $
Amounts reported in “Stock Awards” column of SCT |  | (3,413,088) | (4,306,835)
Fair value of outstanding and unvested equity awards granted in the current year |  | 4,994,125 | 4,529,787
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 2,639,640 | (814,466)
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | (188,929) | 72,371
Addition for the Common Stock dividends paid on unvested stock awards |  | 75,743 | 460,677
Total Adjustments |  | 4,107,491 | (58,466)
(3) The following represents the adjustments made to the SCT total to derive the compensation actually paid to Mr. Horn in his role as CEO. Mr. Horn has served as the CEO since April 29, 2022.
Adjustments |  | 2025 $ | 2024 $ | 2023 $ | 2022 $
Amounts reported in “Stock Awards” column of SCT |  | (6,664,544) | (5,808,642) | (4,385,780) | (3,958,062)
Fair value of outstanding and unvested equity awards granted in the current year |  | 7,043,422 | 5,193,551 | 3,718,014 | 5,152,995
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 854,063 | (1,004,033) | (395,561) | 784,246
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | (28,114) | (109,603) | (47,083) | (10,370)
Addition for the Common Stock dividends paid on unvested stock awards |  | 692,593 | 361,377 | 235,895 | 123,293
Total Adjustments |  | 1,897,420 | (1,367,350) | (874,515) | 2,092,102
Non-PEO NEO Average Total Compensation Amount |  | $ 2,501,051 | $ 2,115,652 | $ 2,308,351 | $ 2,544,244 | $ 2,591,922 |
Non-PEO NEO Average Compensation Actually Paid Amount |  | $ 2,834,846 | 1,923,107 | 2,101,005 | 3,624,286 | 2,682,871 |
Adjustment to Non-PEO NEO Compensation Footnote |  | (4) The following represents the adjustments made to the SCT totals for our non-CEO NEOs to derive the average compensation actually paid for our non-CEO named executive officers.
Adjustments |  | 2025 $ | 2024 $ | 2023 $ | 2022 $ | 2021 $
Amounts reported in “Stock Awards” column of SCT |  | (1,369,896) | (1,034,154) | (1,112,801) | (1,100,638) | (1,140,025)
Fair value of outstanding and unvested equity awards granted in the current year |  | 1,444,800 | 924,656 | 973,724 | 1,511,141 | 1,199,019
Change in fair value for equity awards outstanding and unvested at the end of the current year that were granted in a prior year |  | 154,683 | (158,372) | (195,207) | 618,455 | (126,740)
Fair value of stock awards granted and vested in the current year |  | - | - | - | - | -
Change in fair value for equity awards vested in the current year that were granted in a prior year |  | 2,579 | (36,641) | 11,248 | (10,217) | 18,156
Addition for the Common Stock dividends paid on unvested stock awards |  | 101,629 | 111,966 | 115,690 | 61,301 | 140,539
Total Adjustments |  | 333,795 | (192,545) | (207,346) | 1,080,042 | 90,949
Compensation Actually Paid vs. Total Shareholder Return |  | The reported amount of compensation actually paid to our CEO, and the reported average amount of compensation actually paid to our non-CEO executive officers, is primarily driven by the value of our executives’ unvested equity. Further, as discussed in the section entitled "Executive Compensation - Compensation Discussion and Analysis," our TSR is a component metric in our long-term incentive plan, and Core FFO per share is a component metric of our cash incentive bonus. As a result, the TSR figures reported above have a strong correlation to our executives’ calculated CAP, while Core FFO per share has a lesser degree of impact on and correlation to the compensation actually paid figures. |  |  |  |  |
Tabular List, Table |  | The following metrics represent the three most important financial performance measures as well as subjective strategic and individual goals used by the Company in setting NEO compensation for the most recent fiscal year: • Core FFO per share • Leverage ratio (total liabilities divided by gross book assets) • Subjective strategic and individual goals: • G&A expenses • Acquisition volume • Portfolio occupancy |  |  |  |  |
Total Shareholder Return Amount |  | $ 102.13 | 99.27 | 122.12 | 99.13 | 99.22 |
Peer Group Total Shareholder Return Amount |  | 119.49 | 87.69 | 118.03 | 100.62 | 134.06 |
Net Income (Loss) |  | $ 389,777,000 | $ 396,835,000 | $ 392,340,000 | $ 334,626,000 | $ 264,217,000 |
Company Selected Measure Amount | UsdPerShare |  | 3.41 | 3.32 | 3.26 | 3.14 | 2.86 |
PEO Name | Julian E. Whitehurst |  |  |  |  |  | Stephen A. Horn, Jr
Measure:: 1 |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Name |  | Core FFO per share |  |  |  |  |
Measure:: 2 |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Name |  | Leverage ratio (total liabilities divided by gross book assets |  |  |  |  |
Measure:: 3 |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Name |  | Subjective strategic and individual goals:•G&A expenses•Acquisition volume•Portfolio occupancy |  |  |  |  |
Julian Whitehurst [Member] |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
PEO Total Compensation Amount |  | $ 0 | $ 0 | $ 0 | $ 5,010,993 | $ 7,785,586 |
PEO Actually Paid Compensation Amount |  | 0 | 0 | 0 | 9,118,484 | 7,727,120 |
Stephen Horn [Member] |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
PEO Total Compensation Amount |  | 9,730,926 | 8,418,498 | 7,194,654 | 6,776,699 |  |
PEO Actually Paid Compensation Amount |  | 11,628,346 | 7,051,148 | 6,320,139 | 8,868,801 |  |
Mr Habicht [Member] |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Non-PEO NEO Average Total Compensation Amount |  | 2,261,734 |  |  |  |  |
Non-PEO NEO Average Compensation Actually Paid Amount |  | 2,409,799 |  |  |  |  |
PEO | Julian Whitehurst [Member] |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | 4,107,491 | (58,466) |
PEO | Julian Whitehurst [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | (3,413,088) | (4,306,835) |
PEO | Julian Whitehurst [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | 4,994,125 | 4,529,787 |
PEO | Julian Whitehurst [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | 2,639,640 | (814,466) |
PEO | Julian Whitehurst [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | (188,929) | 72,371 |
PEO | Julian Whitehurst [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  | 75,743 | 460,677 |
PEO | Stephen Horn [Member] |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 1,897,420 | (1,367,350) | (874,515) | 2,092,102 |  |
PEO | Stephen Horn [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | (6,664,544) | (5,808,642) | (4,385,780) | (3,958,062) |  |
PEO | Stephen Horn [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 7,043,422 | 5,193,551 | 3,718,014 | 5,152,995 |  |
PEO | Stephen Horn [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 854,063 | (1,004,033) | (395,561) | 784,246 |  |
PEO | Stephen Horn [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | (28,114) | (109,603) | (47,083) | (10,370) |  |
PEO | Stephen Horn [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 692,593 | 361,377 | 235,895 | 123,293 |  |
Non-PEO NEO |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 333,795 | (192,545) | (207,346) | 1,080,042 | 90,949 |
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | (1,369,896) | (1,034,154) | (1,112,801) | (1,100,638) | (1,140,025) |
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 1,444,800 | 924,656 | 973,724 | 1,511,141 | 1,199,019 |
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 154,683 | (158,372) | (195,207) | 618,455 | (126,740) |
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 0 | 0 | 0 | 0 | 0 |
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | 2,579 | (36,641) | 11,248 | (10,217) | 18,156 |
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |  |  |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |  |  |
Adjustment to Compensation, Amount |  | $ 101,629 | $ 111,966 | $ 115,690 | $ 61,301 | $ 140,539 |

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 3 + Details
Name: | ecd_AdjToCompAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 3 + Details
Name: | ecd_AdjToNonPeoNeoCompFnTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 3 + Details
Name: | ecd_AdjToPeoCompFnTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph vi + Details
Name: | ecd_CoSelectedMeasureAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph vi + Details
Name: | ecd_CoSelectedMeasureName
Namespace Prefix: | ecd_
Data Type: | xbrli:normalizedStringItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 5 -Subparagraph i + Details
Name: | ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph vi + Details
Name: | ecd_MeasureName
Namespace Prefix: | ecd_
Data Type: | xbrli:normalizedStringItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 3 + Details
Name: | ecd_NamedExecutiveOfficersFnTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph iii + Details
Name: | ecd_NonPeoNeoAvgCompActuallyPaidAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph ii + Details
Name: | ecd_NonPeoNeoAvgTotalCompAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph iv + Details
Name: | ecd_PeerGroupIssuersFnTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph iv + Details
Name: | ecd_PeerGroupTotalShareholderRtnAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph iii + Details
Name: | ecd_PeoActuallyPaidCompAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 3 + Details
Name: | ecd_PeoName
Namespace Prefix: | ecd_
Data Type: | xbrli:normalizedStringItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph ii + Details
Name: | ecd_PeoTotalCompAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 1 + Details
Name: | ecd_PvpTable
Namespace Prefix: | ecd_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 1 + Details
Name: | ecd_PvpTableTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 6 + Details
Name: | ecd_TabularListTableTextBlock
Namespace Prefix: | ecd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K -Number 229 -Section 402 -Subsection v -Paragraph 2 -Subparagraph iv + Details
Name: | ecd_TotalShareholderRtnAmt
Namespace Prefix: | ecd_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 60 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147476176/805-60-65-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 323 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478666/740-323-65-2 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482765/220-10-50-6 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-3 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-8 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479168/946-830-55-10 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479105/946-220-45-7 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(9)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(1)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A Reference 23: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B Reference 32: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7 Reference 34: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 35: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A Reference 36: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B Reference 37: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 + Details
Name: | us-gaap_NetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | ecd_MeasureAxis=1
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_MeasureAxis=2
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_MeasureAxis=3
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_IndividualAxis=nnn_JulianWhitehurstMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_IndividualAxis=nnn_StephenHornMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_IndividualAxis=nnn_MrHabichtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_ExecutiveCategoryAxis=ecd_PeoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_EqtyAwrdsInSummryCompstnTblForAplblYrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_ExecutiveCategoryAxis=ecd_NonPeoNeoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ecd_AdjToCompAxis=ecd_VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |