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Organization and Summary of Significant Accounting Policies(Tables)
 12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Summary Of NNN's Investment Portfolio
NNN assets include: real estate assets, mortgages and notes receivable, and commercial mortgage residual interests. NNN acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and primarily held for investment (“Properties” or “Property Portfolio”). 
 
December 31, 2012
Property Portfolio:
 
Total properties (including retail operations)
1,622

Gross leasable area (square feet)
19,168,000

States
47
Schedule of Intangible Assets and Related Amortization
Intangible assets and liabilities consisted of the following as of December 31 (in thousands):
 
 
2012
 
2011
Intangible lease assets (included in Other assets):
 
 
 
 
Value of above market in-place leases, net
 
$
6,679

 
$
5,907

Value of in-place leases, net
 
37,889

 
31,970

Intangible lease liabilities (included in Other liabilities):
 
 
 
 
Value of below market in-place leases, net
 
23,708

 
23,367
Computation Of Basic And Diluted Earnings Per Share
The following table is a reconciliation of the numerator and denominator used in the computation of basic and diluted earnings per common share using the two-class method for the years ended December 31 (dollars in thousands):
 
 
2012
 
2011
 
2010
Basic and Diluted Earnings:
 
 
 
 
 
Net earnings attributable to NNN
$
142,015

 
$
92,325

 
$
72,997

Less: Series C preferred stock dividends
(1,979
)
 
(6,785
)
 
(6,785
)
Less: Series D preferred stock dividends
(15,449
)
 
—

 
—

Less: Excess of redemption value over carrying value of
preferred shares redeemed
(3,098
)
 
—

 
—

Net earnings attributable to common stockholders
121,489

 
85,540

 
66,212

Less: Earnings attributable to unvested restricted shares
(741
)
 
(622
)
 
(299
)
Net earnings used in basic earnings per share
120,748

 
84,918

 
65,913

Reallocated undistributed income (loss)
(5
)
 
(2
)
 
—

Net earnings used in diluted earnings per share
$
120,743

 
$
84,916

 
$
65,913

 
 
 
 
 
 
Basic and Diluted Weighted Average Shares Outstanding:
 
 
 
 
 
Weighted average number of shares outstanding
107,873,577

 
88,972,723

 
83,320,921

Less: Unvested restricted stock
(654,127
)
 
(630,102
)
 
(605,276
)
Less: Contingent shares
(254,294
)
 
(242,545
)
 
—

Weighted average number of shares outstanding used in basic earnings per share
106,965,156

 
88,100,076

 
82,715,645

Effects of dilutive securities:
 
 
 
 
 
Contingent shares
6,333

 
66,001

 
—

Convertible debt
1,987,842

 
512,024

 
—

Common stock options
992

 
2,881

 
3,814

Directors’ deferred fee plan
157,192

 
156,075

 
129,903

Weighted average number of shares outstanding used in diluted earnings per share
109,117,515

 
88,837,057

 
82,849,362