Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

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):

	Quarter Ended March 31,
	2014		2013
Series D preferred stock (1):
Dividends	$	4,762	$	4,762
Per share	0.414063		0.414063
Series E preferred stock (1):
Dividends	4,097		—
Per share	0.356250		—
Common stock:
Dividends	49,273		44,321
Per share	0.405		0.395

¹⁾ 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 during the quarter ended March 31, 2014 (dollars in thousands, except per share data):

Shares of common stock	432,000
Average price per share (net)	$	34.91
Net proceeds	$	15,080
Stock issuance costs (1)	$	265

⁽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 during the quarter ended March 31, 2013 (dollars in thousands, except per share data):

Shares of common stock	4,616,542
Average price per share (net)	$	32.56
Net proceeds	$	150,327
Stock issuance costs (1)	$	2,129

⁽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):

	Quarter Ended March 31,
	2014		2013
Shares of common stock	184,503		424,995
Net proceeds	$	6,107	$	13,822