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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Accounted for using the operating method, net of accumulated depreciation and amortization $ 3,485,819 $ 3,225,119
Accounted for using the direct financing method 24,954 26,518
Real estate, held for sale 40,351 36,105
Investment in unconsolidated affiliate 4,283 4,358
Mortgages, notes and accrued interest receivable, net of allowance 36,740 33,428
Commercial mortgage residual interests 12,395 15,299
Cash and cash equivalents 2,907 2,082
Receivables, net of allowance of $1,113 and $1,403, respectively 1,456 2,149
Accrued rental income, net of allowance of $3,086 and $4,870, respectively 25,330 25,187
Debt costs, net of accumulated amortization of $16,986 and $15,332, respectively 9,148 10,802
Other assets 60,607 53,382
Total assets 3,703,990 3,434,429
LIABILITIES AND EQUITY    
Line of credit payable 142,600 65,600
Mortgages payable, including unamortized premium of $216 and $0, respectively 29,341 23,171
Notes payable - convertible, net of unamortized discount of $4,256 and $6,363, respectively 357,479 355,371
Notes payable, net of unamortized discount of $4,763 and $5,033, respectively 845,237 894,967
Accrued interest payable 14,440 15,108
Other liabilities 87,483 76,336
Total liabilities 1,476,580 1,430,553
Stockholders' equity:    
Common stock, $0.01 par value. Authorized 190,000,000 shares; 107,449,071 and 104,754,859 shares issued and outstanding, respectively 1,076 1,049
Excess stock, $0.01 par value. Authorized 205,000,000 shares; none issued or outstanding 0 0
Capital in excess of par value 2,015,121 1,958,225
Retained earnings (loss) (74,123) (44,946)
Accumulated other comprehensive income (loss) (3,504) (3,830)
Total stockholders' equity of NNN 2,226,070 2,002,498
Noncontrolling interests 1,340 1,378
Total equity 2,227,410 2,003,876
Total liabilities and equity 3,703,990 3,434,429
Series D Depositary Share [Member]
   
Stockholders' equity:    
Series D, 11,500,000 depositary shares issued and outstanding, at stated liquidation value of $25 per share 287,500 0
Series C, 3,680,000 depositary shares issued and outstanding, at stated liquidation value of $25 per share 287,500 0
Series C Depositary Share [Member]
   
Stockholders' equity:    
Series D, 11,500,000 depositary shares issued and outstanding, at stated liquidation value of $25 per share 0 92,000
Series C, 3,680,000 depositary shares issued and outstanding, at stated liquidation value of $25 per share $ 0 $ 92,000