Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

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,
	2015		2014
Shares of common stock	147,614		300,231
Net proceeds	$	5,409	$	10,171

Schedule of ATM Program

The following outlines NNN's ATM programs:

	2015 ATM	2013 ATM	2012 ATM
Established date	February 2015	March 2013	May 2012
Termination date	February 2018	February 2015	February 2015
Total allowable shares	10,000,000	9,000,000	9,000,000
Total shares issued as of September 30, 2015	2,891,502	6,252,812	8,958,840

Schedule of Stock by Class

The following table outlines the common stock issuances pursuant to NNN's ATM equity program (dollars in thousands, except per share data):

	Nine Months Ended September 30,
	2015				2014
	2015 ATM		2013 ATM		2013 ATM
Shares of common stock	2,891,502		214,000		3,758,362
Average price per share (net)	$	38.62	$	39.84	$	35.91
Net proceeds	$	111,674	$	8,525	$	134,962
Stock issuance costs(1)	$	1,894	$	130	$	2,153

⁽¹⁾ Stock issuance costs consist primarily of underwriters' fees and commissions, and legal and accounting fees.

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for each issuance of NNN's stock (dollars in thousands, except per share data):

	Nine Months Ended September 30,
	2015		2014
Series D preferred stock(1):
Dividends	$	14,285	$	14,285
Per depositary share	1.242188		1.242188
Series E preferred stock(1):
Dividends	12,291		12,291
Per depositary share	1.068750		1.068750
Common stock:
Dividends	169,674		151,274
Per share	1.275		1.230

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