Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2013

Stockholders' Equity Note [Abstract]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for each issuance of NNN's stock (in thousands, except per share data):

		Six Months Ended June 30,
		2013		2012
Series C preferred stock (1):
	Dividends	$	—	$	1,979
	Per share	—		0.5378
Series D preferred stock (2):
	Dividends	9,523		5,926
	Per share	0.8281		0.5153
Common stock:
	Dividends	90,943		81,511
	Per share	0.790		0.770

¹⁾ The Series C preferred stock was redeemed in March 2012. The dividends paid during the six months

ended June 30, 2012 include accumulated and unpaid dividends through the redemption date.

²⁾ The Series D preferred stock has no maturity date and will remain outstanding unless redeemed.

Schedule of Stock by Class

The following table outlines the common stock issuances pursuant to the 2012 ATM (dollars in thousands, except per share data):

	Six Months Ended June 30,
	2013		2012
Shares of common stock	4,676,542		394,901
Average price per share (net)	$	32.60	$	26.66
Net proceeds	152,435		10,527
Stock issuance costs (1)	2,161		253

⁽¹⁾ Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.

The following table outlines the common stock issuances pursuant to the 2013 ATM (dollars in thousands, except per share data):

	Six Months Ended June 30,
	2013		2012
Shares of common stock	2,280,450		—
Average price per share (net)	$	37.83	$	—
Net proceeds	86,271		—
Stock issuance costs (1)	1,551		—

⁽¹⁾ Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table outlines the common stock issuances pursuant to NNN's DRIP (dollars in thousands):

	Six Months Ended June 30,
	2013		2012
Shares of common stock	475,866		1,881,807
Net proceeds	$	15,881	$	49,476