Condensed Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Revenues:
Rental income from operating leases	$ 112,715	$ 100,730	$ 224,189		$ 199,786
Earned income from direct financing leases	397	435	802		879
Percentage rent	112	223	297		312
Real estate expense reimbursement from tenants	3,324	3,228	6,838		6,460
Interest and other income from real estate transactions	213	543	376		1,334
Interest income on commercial mortgage residual interests	447	454	892		906
Total revenues	117,208	105,613	233,394		209,677
Operating expenses:
General and administrative	7,830	8,055	16,435		16,762
Real estate	4,658	4,746	9,417		9,086
Depreciation and amortization	34,202	28,007	66,343		56,019
Impairment – commercial mortgage residual interests valuation	428	77	428		235
Impairment losses	2,686	89	3,714		485
Total operating expenses	49,804	40,974	96,337		82,587
Earnings from operations	67,404	64,639	137,057		127,090
Other expenses (revenues):
Interest and other income	(35)	(94)	(47)		(158)
Interest expense	21,678	21,761	43,464		42,040
Real estate acquisition costs	96	19	695		227
Total other expenses (revenues)	21,739	21,686	44,112		42,109
Earnings from continuing operations before income tax benefit (expense)	45,665	42,953	92,945		84,981
Income tax benefit (expense)	495	(441)	54		(349)
Earnings from continuing operations	46,160	42,512	92,999		84,632
Earnings (loss) from discontinued operations, net of income tax expense	0	18	0		(18)
Earnings before gain on disposition of real estate, net of income tax expense	46,160	42,530	92,999		84,614
Gain on disposition of real estate, net of income tax expense	30	3,054	7,230		4,810
Earnings including noncontrolling interests	46,190	45,584	100,229		89,424
Earnings attributable to noncontrolling interests:
Continuing operations	(2)	(13)	(62)		(520)
Net earnings attributable to NNN	46,188	45,571	100,167		88,904
Net earnings attributable to common stockholders	$ 37,330	$ 36,713	$ 82,450		$ 71,187
Basic:
Continuing operations (in dollars per share)	$ 0.28	$ 0.30	$ 0.62		$ 0.58
Net earnings (in dollars per share)	0.28	0.30	0.62		0.58
Diluted:
Continuing operations (in dollars per share)	0.28	0.30	0.62		0.58
Net earnings (in dollars per share)	$ 0.28	$ 0.30	$ 0.62		$ 0.58
Weighted average number of common shares outstanding:
Basic (in shares)	133,267,292	122,490,306	132,470,700		122,035,670
Diluted (in shares)	133,600,656	122,832,524	132,824,800		122,392,731
Other comprehensive income:
Net earnings attributable to NNN	$ 46,188	$ 45,571	$ 100,167		$ 88,904
Amortization of interest rate hedges	418	216	832		351
Fair value forward starting swaps	0	(2,939)	0		(6,312)
Net gain (loss) – commercial mortgage residual interests	(38)	240	(384)		925
Net gain (loss) – available-for-sale securities	(147)	(23)	(74)		91
Comprehensive income attributable to NNN	46,421	43,065	100,541		83,959
Series D Preferred Stock
Earnings attributable to noncontrolling interests:
Dividends	(4,762)	(4,762)	(9,523)	[1]	(9,523)	[1]
Series E Preferred Stock
Earnings attributable to noncontrolling interests:
Dividends	$ (4,096)	$ (4,096)	$ (8,194)	[1]	$ (8,194)	[1]

[1] The Series D and E preferred stock have no maturity date and will remain outstanding unless redeemed.