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Performance Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2012
Performance Incentive Plan [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following summarizes NNN’s stock-option compensation activity for each of the years ended December 31:
 
 
Number of Shares
 
2012
 
2011
 
2010
Outstanding, January 1
5,000

 
7,500

 
12,154

Options granted

 

 

Options exercised
(5,000
)
 
(2,500
)
 
(4,654
)
Options surrendered

 

 

Outstanding, December 31

 
5,000

 
7,500

Exercisable, December 31

 
5,000

 
7,500

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following represents the weighted average option exercise price information for each of the years ended December 31:
 
2012
 
2011
 
2010
Outstanding, January 1
$
14.57

 
$
14.11

 
$
13.72

Granted during the year

 

 

Exercised during the year
14.57

 
13.20

 
13.08

Outstanding, December 31

 
14.57

 
14.11

Exercisable, December 31

 
14.57

 
14.11

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following summarizes the restricted stock activity for the year ended December 31, 2012:
 
Number
of
Shares
 
Weighted
Average
Share Price
Non-vested restricted shares, January 1
900,573

 
$
19.18

Restricted shares granted
398,578

 
26.87

Restricted shares vested
(309,874
)
 
22.08

Restricted shares forfeited
(19,500
)
 
23.62

Restricted shares repurchased
(5,165
)
 
22.40

Non-vested restricted shares, December 31
964,612

 
$
23.40

Schedule of Other Share-based Compensation, Activity
The following summarizes other grants made during the year ended December 31, 2012, pursuant to the 2007 Plan.
 
Shares
 
Weighted
Average
  Share Price  
Other share grants under the 2007 Plan:
 
 
 
Directors’ fees
16,078

 
$
28.78

Deferred Directors’ fees
18,622

 
28.80

 
34,700

 
$
28.79

Shares available under the 2007 Plan for grant, end of period
4,281,900