Earnings from Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2014

Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following is a summary of the earnings (loss) from discontinued operations (dollars in thousands):

	Quarter Ended June 30,					Six Months Ended June 30,
	2014		2013			2014			2013
Revenues:
Rental income from operating leases	$	—	$	327		$	—		$	930
Earned income from direct financing leases	—		58			—			116
Real estate expense reimbursement from tenants	6		25			11			77
Interest and other income from real estate transactions	22		30			22			34
	28		440			33			1,157
Operating expenses:
General and administrative	—		212			—			213
Real estate	13		73			—			93
Depreciation and amortization	—		68			—			157
Impairment charges	—		904			63			904
	13		1,257			63			1,367
Other expenses:
Interest expense	—		11			—			41
	—		11			—			41
Earnings (loss) before gain on disposition of real estate and income tax expense	15		(828		)	(30		)	(251		)
Gain on disposition of real estate	3		2,669			12			3,174
Income tax expense	—		(335		)	—			(386		)
Earnings (loss) from discontinued operations attributable to NNN including noncontrolling interests	18		1,506			(18		)	2,537
Earnings attributable to noncontrolling interests	—		(158		)	—			(163		)
Earnings (loss) from discontinued operations attributable to NNN	$	18	$	1,348		$	(18	)	$	2,374