Earnings From Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]

Summary Of Earnings From Discontinued Operations

The following is a summary of the earnings from discontinued operations for each of the years ended December 31 (dollars in thousands):

	2012			2011			2010
Revenues:
Rental income from operating leases	$	7,471		$	9,462		$	11,095
Earned income from direct financing leases	6			78			87
Percentage rent	27			27			40
Real estate expense reimbursement from tenants	527			632			1,663
Interest and other income from real estate transactions	44			47			578
	8,075			10,246			13,463
Operating expenses:
General and administrative	26			22			100
Real estate	997			1,201			2,421
Depreciation and amortization	1,046			1,495			1,787
Impairment losses and other charges	1,901			431			—
	3,970			3,149			4,308
Other expenses (revenues):
Interest and other income	—			—			(2		)
Interest expense	1,422			1,382			2,655
	1,422			1,382			2,653
Earnings before gain on disposition of real estate and income tax expense	2,683			5,715			6,502
Gain on disposition of real estate	10,956			424			1,434
Income tax expense	(195		)	(198		)	(625		)
Earnings from discontinued operations attributable to NNN including noncontrolling interests	13,444			5,941			7,311
Loss (earnings) attributable to noncontrolling interests	(51		)	(80		)	11
Earnings from discontinued operations attributable to NNN	$	13,393		$	5,861		$	7,322