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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Earnings including noncontrolling interests $ 141,937 $ 92,416 $ 73,353
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Performance incentive plan expense 10,136 8,283 5,756
Stock options expense – tax effect 0 0 122
Depreciation and amortization 75,334 58,817 49,084
Impairment losses and other charges 10,114 2,115 7,458
Impairment – commercial mortgage residual interests valuation 2,812 1,024 3,995
Amortization of notes payable discount 4,976 6,191 6,360
Amortization of debt costs 2,584 0 0
Amortization of mortgages payable premium (29) 0 0
Amortization of deferred interest rate hedges 231 9 (166)
Equity in earnings of unconsolidated affiliate (4,074) (474) (428)
Distributions received from unconsolidated affiliate 7,019 593 578
Gain on disposition of real estate (10,956) (721) (2,075)
Deferred income taxes 732 884 (2,544)
Income tax valuation allowance 7,671 0 (3,121)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:      
Additions to held for sale real estate (6,616) (1,025) (478)
Proceeds from disposition of held for sale real estate 0 1,993 42,817
Decrease in real estate leased to others using the direct financing method 1,624 1,595 1,544
Increase in work in process (1,561) (1,213) (755)
Increase in mortgages, notes and accrued interest receivable (187) (96) (467)
Decrease (increase) in receivables (264) 1,108 (219)
Decrease (increase) in commercial mortgage residual interests 523 (654) 1,516
Decrease (increase) in accrued rental income (456) 253 124
Decrease (increase) in other assets 1,657 746 (53)
Increase (decrease) in accrued interest payable 2,419 7,766 (129)
Increase (decrease) in other liabilities (2,002) 2,682 (431)
Increase (decrease) in current tax liability (152) 654 (169)
Net cash provided by operating activities 228,130 182,946 187,914
Cash flows from investing activities:      
Proceeds from the disposition of real estate 81,402 10,696 10,312
Additions to real estate:      
Accounted for using the operating method (684,925) (756,633) (230,928)
Accounted for using the direct financing method 0 (1,747) 0
Increase in mortgages and notes receivable (8,768) (9,838) (8,564)
Principal payments on mortgages and notes receivable 12,804 6,837 13,818
Payment of lease costs (2,594) (1,589) (1,324)
Return of investment from unconsolidated affiliate 1,220 0 0
Other (898) 206 (3,574)
Net cash used in investing activities (601,759) (752,068) (220,260)
Cash flows from financing activities:      
Proceeds from line of credit payable 1,184,900 805,300 278,900
Repayment of line of credit payable (1,076,300) (900,700) (117,900)
Payment of interest rate hedge 0 (5,218) 0
Repayment of mortgages payable (19,390) (1,098) (6,453)
Proceeds from notes payable 320,011 295,731 0
Repayment of notes payable (50,000) 0 (20,000)
Repayment of notes payable - convertible (164,649) 0 0
Payment of debt costs (4,512) (5,582) (75)
Proceeds from issuance of common stock 185,223 540,560 17,692
Proceeds from issuance of preferred stock 287,500 0 0
Redemption of preferred stock (92,000) 0 0
Payment of common stock dividends (167,495) (133,720) (125,391)
Noncontrolling interest distributions 0 (45) (861)
Noncontrolling interest contributions 0 41 43
Stock issuance costs (12,237) (19,328) (1)
Net cash provided by financing activities 373,623 569,156 19,169
Net increase (decrease) in cash and cash equivalents (6) 34 (13,177)
Cash and cash equivalents at beginning of year 2,082 2,048 15,225
Cash and cash equivalents at end of year 2,076 2,082 2,048
Supplemental disclosure of cash flow information:      
Interest paid, net of amount capitalized 75,283 63,474 62,386
Taxes paid (received) 201 (561) 472
Supplemental disclosure of noncash investing and financing activities:      
Issued 398,578, 141,351 and 392,474 shares of restricted and unrestricted common stock in 2012, 2011 and 2010, respectively, pursuant to NNN’s performance incentive plan 8,638 3,456 6,889
Issued 16,078, 9,632 and 10,092 shares of common stock in 2012, 2011 and 2010, respectively, to directors pursuant to NNN’s performance incentive plan 463 250 236
Issued 19,212, 26,023 and 25,066 shares of common stock in 2012, 2011 and 2010, respectively, pursuant to NNN’s Deferred Director Fee Plan 298 449 401
Surrender of 15,286 and 5,215 shares of restricted common stock in 2012 and 2011, respectively 357 109 0
Change in other comprehensive income 1,448 (5,491) 1,150
Change in lease classification (direct financing lease to operating lease) 1,678 3,407 0
Note and mortgage receivable accepted in connection with real estate transactions 0 0 5,950
Mortgages payable assumed in connection with real estate transactions 6,634 0 5,432
Real estate acquired in connection with mortgage receivable foreclosure 490 0 6,250
Real estate received in note receivable foreclosure 1,595 0 0
Series C Preferred Stock [Member]
     
Cash flows from financing activities:      
Payment of preferred stock dividends (1,979) (6,785) (6,785)
Series D Preferred Stock [Member]
     
Cash flows from financing activities:      
Payment of preferred stock dividends $ (15,449) $ 0 $ 0