Dividends (Tables)

12 Months Ended

Dec. 31, 2012

Class of Stock [Line Items]

Common Stock, Dividends Paid

The following presents the characterization for tax purposes of common stock dividends per share paid to stockholders for the years ended December 31:

	2012		2011		2010
Ordinary dividends	$	1.199003	$	1.088228	$	1.072446
Qualified dividends	0.013346		—		0.081661
Capital gain	0.021358		—		0.000861
Unrecaptured Section 1250 Gain	0.048890		—		0.000498
Nontaxable distributions	0.277403		0.441772		0.354534
	$	1.560000	$	1.530000	$	1.510000

Preferred Stock, Dividends Paid

The following presents the characterization for tax purposes of Series C and D Preferred Stock dividends per share paid to stockholders for the year ended December 31:

	Series D		Series C
	2012		2012		2011		2010
Ordinary dividends	$	1.255844	$	0.502710	$	1.843750	$	1.703170
Qualified dividends	0.013979		0.005596		—		0.140580
Capital gain	0.022371		0.008956		—		—
Unrecaptured Section 1250 Gain	0.051209		0.020498		—		—
	$	1.343403	$	0.537760	$	1.843750	$	1.843750

Common Stock [Member]

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (in thousands, except per share data):

	2012		2011		2010
Dividends	$	167,495	$	133,720	$	125,391
Per share	1.560		1.530		1.510

Preferred Stock [Member]

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's preferred stock for the years ended December 31(in thousands, except per share data):

		2012		2011		2010
Series C Preferred Stock (1):
	Dividends	$	1,979	$	6,785	$	6,785
	Per share	0.5378		1.8438		1.8438
Series D Preferred Stock (2):
	Dividends	15,449		—		—
	Per share	1.3434		—		—

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.