XML 24 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Real estate portfolio:    
Accounted for using the operating method, net of accumulated depreciation and amortization $ 5,163,123 $ 4,716,368
Accounted for using the direct financing method 14,850 16,974
Real estate held for sale 3,593 6,707
Mortgages, notes and accrued interest receivable, net of allowance of $144 at September 30, 2015 10,427 11,075
Commercial mortgage residual interests 10,974 11,626
Cash and cash equivalents 2,615 10,604
Receivables, net of allowance of $565 and $1,784, respectively 2,020 3,013
Accrued rental income, net of allowance of $3,066 and $3,086, respectively 25,087 25,659
Debt costs, net of accumulated amortization of $15,220 and $14,353, respectively 14,386 16,453
Other assets 102,160 108,235
Total assets 5,349,235 4,926,714
Liabilities:    
Line of credit payable 282,400 0
Mortgages payable, including unamortized premium of $735 and $890, respectively 24,527 26,339
Notes payable, net of unamortized discount of $9,321 and $10,285, respectively 1,715,679 1,714,715
Accrued interest payable 29,513 17,396
Other liabilities 131,930 85,172
Total liabilities 2,184,049 1,843,622
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 375,000,000 shares; 135,485,173 and 132,010,104 shares issued and outstanding, respectively 1,357 1,322
Capital in excess of par value 2,844,152 2,711,678
Retained earnings (loss) (237,712) (196,827)
Accumulated other comprehensive income (loss) (18,015) (8,658)
Total stockholders’ equity of NNN 3,164,782 3,082,515
Noncontrolling interests 404 577
Total equity 3,165,186 3,083,092
Total liabilities and equity 5,349,235 4,926,714
Series D Depositary Share    
Stockholders’ equity:    
Preferred stock, $0.01 par value. Authorized 15,000,000 shares, Series D and E, 11,500 shares issued and outstanding, at stated liquidation value of $2,500 per share 287,500 287,500
Series E Depositary Share    
Stockholders’ equity:    
Preferred stock, $0.01 par value. Authorized 15,000,000 shares, Series D and E, 11,500 shares issued and outstanding, at stated liquidation value of $2,500 per share $ 287,500 $ 287,500