XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Accounted for using the operating method, net of accumulated depreciation and amortization $ 3,801,517 $ 3,788,053
Accounted for using the direct financing method 22,817 23,217
Real estate held for sale 23,492 23,537
Mortgages, notes and accrued interest receivable 26,884 27,770
Commercial mortgage residual interests 13,719 13,096
Cash and cash equivalents 3,442 2,076
Receivables, net of allowance of $1,353 and $855, respectively 3,260 3,112
Accrued rental income, net of allowance of $3,154 and $3,270, respectively 26,161 25,458
Debt costs, net of accumulated amortization of $18,002 and $17,965, respectively 11,874 12,781
Other assets 68,624 68,926
Total assets 4,001,790 3,988,026
Liabilities:    
Line of credit payable 59,400 174,200
Mortgages payable, including unamortized premium of $173 and $187, respectively 10,328 10,602
Notes payable – convertible, net of unamortized discount of $951 and $2,072, respectively 222,084 236,500
Notes payable, net of unamortized discount of $9,103 and $9,338, respectively 1,165,897 1,165,662
Accrued interest payable 28,130 17,527
Other liabilities 73,191 85,950
Total liabilities 1,559,030 1,690,441
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 375,000,000 shares; 116,891,268 and 111,554,997 shares issued and outstanding, respectively 1,171 1,117
Excess stock, $0.01 par value. Authorized 390,000,000 shares; none issued or outstanding 0 0
Capital in excess of par value 2,260,488 2,101,002
Retained earnings (deficit) (105,969) (90,952)
Accumulated other comprehensive income (loss) (1,567) (2,382)
Total stockholders’ equity of NNN 2,441,623 2,296,285
Noncontrolling interests 1,137 1,300
Total equity 2,442,760 2,297,585
Total liabilities and equity 4,001,790 3,988,026
Series D Depositary Share [Member]
   
Stockholders’ equity:    
Series D, 11,500,000 depositary shares issued and outstanding, at stated liquidation value of $25 per share $ 287,500 $ 287,500