XML 84 R93.htm IDEA: XBRL DOCUMENT v2.4.0.6
Subsequent Events (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 1 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
2026 Notes [Member]
Dec. 31, 2009
2026 Notes [Member]
Dec. 31, 2008
2026 Notes [Member]
Sep. 30, 2012
2026 Notes [Member]
Jan. 31, 2013
2026 Notes [Member]
Subsequent Event [Member]
Subsequent Event [Line Items]                
Stated Interest Rate       3.95% [1],[2],[3]     (3.95%) [1],[2],[3]  
Debt converted       $ 123,163 [1],[2],[3]        
Outstanding principal balance 238,572 361,735   15,537 [1],[2],[3],[4]        
Repayment of notes payable - convertible $ 164,649 $ 0 $ 0 $ (164,649) [1],[2],[3] $ 6,994 $ 19,188   $ 20,702
[1] NNN repurchased $8,800 and $25,000 in 2009 and 2008, respectively, for a purchase price of $6,994 and $19,188, respectively, resulting in a gain of $1,565 and $4,961, respectively.
[2] The conversion rate per $1 principal amount was 42.6237 shares of NNN’s common stock, which is equivalent to a conversion price of $23.4611 per share of common stock.
[3] Debt issuance costs include underwriting discounts and commissions, legal and accounting fees, rating agency fees and printing expenses. These costs have been deferred and are being amortized over the period to the earliest put option date of the holders using the effective interest method.
[4] In January 2013, NNN converted the remaining principal balance.