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Notes Payable - Convertible (Details) (USD $)
3 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Jan. 31, 2013
2026 Notes [Member]
Mar. 31, 2013
2026 Notes [Member]
Dec. 31, 2012
2026 Notes [Member]
Mar. 31, 2013
2028 Notes [Member]
Dec. 31, 2012
2028 Notes [Member]
Dec. 31, 2009
2028 Notes [Member]
Mar. 31, 2013
Convertible Debt [Member]
Mar. 31, 2012
Convertible Debt [Member]
Dec. 31, 2012
Convertible Debt [Member]
Debt Instrument [Line Items]                        
Proceeds from Convertible Debt         $ 168,650,000 [1],[2]   $ 228,576,000 [1],[3],[4]          
Stated interest rate         3.95% [1],[2]   5.125% [1],[3],[4]          
Effective Interest Rate         5.84% [1],[2],[5]   7.192% [1],[3],[4],[5]          
Debt Issuance Costs         3,850,000 [1],[2]   5,459,000 [1],[3],[4],[6]          
Principal amount of debt         172,500,000 [1],[2]   234,035,000 [1],[3],[4]          
Repurchases         (33,800,000) [1],[2]       (11,000,000) [1],[3],[4]      
Settled       (15,537,000) (138,700,000) [1],[2]   0 [1],[3],[4]          
Outstanding principal balance 223,035,000   238,572,000   0 [1],[2],[7] 15,537,000 223,035,000 [1],[3],[4]          
Conversion rate basis           1 1          
Convertible notes payable, shares issued upon conversion           42.6237 39.5149          
Conversion price           $ 23.4611 $ 25.3069          
Repayments of convertible debt 20,565,000 0   20,565,000         8,588,000      
Gains (losses) on extinguishment of debt                 1,867,000      
Write off of deferred debt issuance cost                 219,000      
Convertible, effective interest rate         5.84%   7.192%          
Carrying value of equity component (20,720,000)   (22,193,000)                  
Convertible notes payable unamortized discount (951,000)   (2,072,000)                  
Net carrying amount of convertible debt 201,364,000   214,307,000                  
Remaining discount amortization period             3 years          
Noncash interest charges 1,356,000 1,181,000               1,122,000 1,044,000  
Contractual interest expense                   2,858,000 4,227,000  
Amortization of debt costs                   305,000   0
Total interest expense                   4,285,000 5,271,000  
Convertible, If-converted value in rxcess of principal           5,125,000 95,739,000 51,764,000        
Decrease to additional paid-in capital       $ 5,028,000                
[1] 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.
[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] The conversion rate per $1 principal amount was 39.5149 shares of NNN’s common stock, which is equivalent to a conversion price of $25.3069 per share of common stock.
[4] NNN repurchased $11,000 in 2009 for a purchase price of $8,588 resulting in a gain of $1,867.
[5] With the adoption of the accounting guidance on convertible debt securities in 2009, the effective interest rates for the 2026 Notes and the 2028 Notes are 5.840% and 7.192%, respectively.
[6] Includes $219 of note costs which were written off in connection with the repurchase of $11,000 of the 2028 Notes.
[7] In January 2013, NNN settled the remaining principal balance of $15,537.