Earnings from Discontinued Operations (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Revenues:
Rental income from operating leases	$	—		$	642		$	—		$	1,573
Earned income from direct financing leases	—			57			—			173
Real estate expense reimbursement from tenants	6			14			17			91
Interest and other income from real estate transactions	—			—			22			33
	6			713			39			1,870
Operating expenses:
General and administrative	—			1			—			214
Real estate	4			95			4			188
Depreciation and amortization	3			174			3			331
Impairment charges	—			(436		)	63			468
	7			(166		)	70			1,201
Other expenses:
Interest expense	—			—			—			41
	—			—			—			41
Earnings (loss) before gain on disposition of real estate and income tax expense	(1		)	879			(31		)	628
Gain on disposition of real estate	143			1,228			155			4,402
Income tax expense	—			(557		)	—			(944		)
Earnings from discontinued operations attributable to NNN including noncontrolling interests	142			1,550			124			4,086
Earnings attributable to noncontrolling interests	—			—			—			(163		)
Earnings from discontinued operations attributable to NNN	$	142		$	1,550		$	124		$	3,923