Condensed Consolidated Statements Of Comprehensive Income (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012		Jun. 30, 2011
Revenues:
Rental income from operating leases	$ 77,927	$ 57,578	$ 151,494		$ 114,526
Earned income from direct financing leases	618	693	1,246		1,433
Percentage rent	221	132	332		247
Real estate expense reimbursement from tenants	2,505	2,142	5,337		4,422
Interest and other income from real estate transactions	764	543	1,470		1,164
Interest income on commercial mortgage residual interests	716	777	1,471		1,544
Total revenues	82,751	61,865	161,350		123,336
Retail operations:
Revenues	7,784	12,450	19,008		21,300
Operating expenses	(7,481)	(11,760)	(18,543)		(20,612)
Net	303	690	465		688
Operating expenses:
General and administrative	7,024	6,568	14,627		13,226
Real estate	4,025	3,919	8,597		7,573
Depreciation and amortization	19,032	13,765	37,140		27,184
Impairment - commercial mortgage residual interests valuation	2,718	267	2,718		396
Total operating expenses	32,799	24,519	63,082		48,379
Earnings from operations	50,255	38,036	98,733		75,645
Other expenses (revenues):
Interest and other income	(361)	(283)	(719)		(625)
Interest expense	19,394	17,512	39,039		35,174
Total other expenses (revenues)	19,033	17,229	38,320		34,549
Earnings from continuing operations before income tax expense and equity in earnings of unconsolidated affiliate	31,222	20,807	60,413		41,096
Income tax expense	(140)	(210)	(236)		(191)
Equity in earnings of unconsolidated affiliate	155	104	305		213
Earnings from continuing operations	31,237	20,701	60,482		41,118
Earnings from discontinued operations, net of income tax expense (Note 7)	2,239	568	2,817		1,005
Earnings including noncontrolling interests	33,476	21,269	63,299		42,123
Loss (earnings) attributable to noncontrolling interests:
Continuing operations	34	67	55		93
Discontinued operations	(5)	(33)	(17)		(93)
Net loss (income) attributable to noncontrolling interest	29	34	38		0
Net earnings attributable to NNN	33,505	21,303	63,337		42,123
Excess of redemption value over carrying value of preferred shares redeemed	0	0	(3,098)		0
Net earnings attributable to common stockholders	27,579	19,607	52,334		38,731
Basic:
Continuing operations	$ 0.24	$ 0.23	$ 0.47		$ 0.46
Discontinued operations	$ 0.02	$ 0.00	$ 0.02		$ 0.00
Net earnings	$ 0.26	$ 0.23	$ 0.49		$ 0.46
Diluted:
Continuing operations	$ 0.24	$ 0.23	$ 0.46		$ 0.46
Discontinued operations	$ 0.02	$ 0.00	$ 0.03		$ 0.00
Net earnings	$ 0.26	$ 0.23	$ 0.49		$ 0.46
Weighted average number of common shares outstanding:
Basic	105,992,014	84,409,788	105,417,595		83,771,728
Diluted	107,458,993	84,725,968	106,844,080		84,271,352
Other comprehensive income
Net earnings attributable to NNN	33,505	21,303	63,337		42,123
Amortization of interest rate hedges	58	(42)	114		(85)
Fair value treasury locks	0	(6,881)	0		(5,218)
Unrealized gains - commerical mortgage residual interests	213	539	213		599
Stock value adjustments	0	(7)	(1)		(26)
Comprehensive income attributable to NNN	33,776	14,912	63,663		37,393
Series C Depositary Share [Member]
Loss (earnings) attributable to noncontrolling interests:
Series C preferred stock dividends and Series D preferred stock dividends	0	(1,696)	(1,979)	[1]	(3,392)	[1]
Series D Depositary Share [Member]
Loss (earnings) attributable to noncontrolling interests:
Series C preferred stock dividends and Series D preferred stock dividends	$ (5,926)	$ 0	$ (5,926)	[2]	$ 0	[2]

[1] The Series C preferred stock was redeemed in March 2012. The dividends paid during the quarter ended March 31, 2012 include accumulated and unpaid dividends through the redemption date.

[2] The Series D preferred stock dividends paid during the quarter ended June 30, 2012 include accumulated and unpaid dividends from the issuance date through the declaration date. The Series D preferred stock has no maturity date and will remain outstanding unless redeemed.