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Stockholders' Equity (Tables)
9 Months Ended
Sep. 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):
 
 
Nine Months Ended September 30,
 
 
2013
 
2012
Series C preferred stock (1):
 
 
 
 
Dividends
$

 
$
1,979

 
Per share

 
0.5378

 
 
 
 
 
Series D preferred stock (3):
 
 
 
 
Dividends
14,285

 
10,688

 
Per share
1.2422

 
0.9293

 
 
 
 
 
Series E preferred stock (2)(3):
 
 
 
 
Dividends
4,780

 

 
Per share
0.4156

 

 
 
 
 
 
Common stock:
 
 
 
 
Dividends
139,890

 
124,139

 
Per share
1.195

 
1.165

1) The Series C preferred stock was redeemed in March 2012. The dividends paid during the nine months
ended September 30, 2012 include accumulated and unpaid dividends through the redemption date.
2) The Series E preferred stock dividends paid during the quarter ended September 30, 2013 include
accumulated and unpaid dividends from the issuance date through the declaration date.
3) The Series D and E preferred stock have 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 2013 ATM (dollars in thousands, except per share data):
 
Nine Months Ended September 30, 2013
Shares of common stock
2,280,450

Average price per share (net)
$
37.82

Net proceeds
86,237

Stock issuance costs (1)
1,585

(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 2012 ATM (dollars in thousands, except per share data):
 
Nine Months Ended September 30,
 
2013
 
2012
Shares of common stock
4,676,542

 
2,251,798

Average price per share (net)
$
32.60

 
$
28.97

Net proceeds
152,435

 
65,245

Stock issuance costs (1)
2,161

 
1,171

(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):
 
Nine Months Ended September 30,
 
2013
 
2012
Shares of common stock
634,146

 
1,994,113

Net proceeds
$
21,159

 
$
52,781