Real Estate - Portfolio (Tables)

3 Months Ended

Mar. 31, 2013

Real Estate Investments, Net [Abstract]

Classification Of Investment Property Leases

The following outlines key information for NNN’s leases:

	March 31, 2013
Lease classification:
Operating	1,637
Direct financing	13
Building portion – direct financing / land portion – operating	5
Weighted average remaining lease term	12 Years

Summary Of Real Estate Subject To Operating Leases

Real estate subject to operating leases consisted of the following as of (dollars in thousands):

	March 31, 2013			December 31, 2012
Land and improvements	$	1,479,280		$	1,470,348
Buildings and improvements	2,594,925			2,562,080
Leasehold interests	1,290			1,290
	4,075,495			4,033,718
Less accumulated depreciation and amortization	(350,868		)	(332,172		)
	3,724,627			3,701,546
Work in progress	76,890			86,507
	$	3,801,517		$	3,788,053