Dividends (Tables)

12 Months Ended

Dec. 31, 2015

Class of Stock [Line Items]

Common Stock, Dividends Paid

The following presents the characterization for tax purposes of common stock dividends per share paid to stockholders for the years ended December 31:

	2015		2014		2013
Ordinary dividends	$	1.363294	$	1.306992	$	1.224568
Qualified dividends	0.019005		0.006212		0.056784
Capital gain	0.007806		0.008603		—
Unrecaptured Section 1250 Gain	0.011055		0.015362		0.000650
Nontaxable distributions	0.308840		0.312831		0.317998
	$	1.710000	$	1.650000	$	1.600000

Preferred Stock, Dividends Paid

The following presents the characterization for tax purposes of Series D and E Preferred Stock dividends per share paid to stockholders for the year ended December 31:

	Series E						Series D
	2015		2014		2013		2015		2014		2013
Ordinary dividends	$	1.385670	$	1.393700	$	0.741150	$	1.610538	$	1.619870	$	1.590323
Qualified dividends	0.020141		0.005738		0.030332		0.023409		0.006670		0.065084
Capital gain	0.007937		0.009177		—		0.009225		0.010666		—
Unrecaptured Section 1250 Gain	0.011252		0.016385		0.000393		0.013078		0.019044		0.000843
	$	1.425000	$	1.425000	$	0.771875	$	1.656250	$	1.656250	$	1.656250

Common Stock

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (in thousands, except per share data):

	2015		2014		2013
Dividends	$	228,699	$	204,157	$	189,107
Per share	1.710		1.650		1.600

Preferred Stock

Class of Stock [Line Items]

Schedule of Dividends Declared and Paid

The following table outlines the dividends declared and paid for NNN's preferred stock for the years ended December 31 (in thousands, except per share data):

		2015		2014		2013
Series D Preferred Stock(1):
	Dividends	$	19,047	$	19,047	$	19,047
	Per share	1.656250		1.656250		1.656250
Series E Preferred Stock(2):
	Dividends	16,387		16,387		8,876
	Per share	1.425000		1.425000		0.771875

⁽¹⁾ The Series D Preferred Stock has no maturity date and will remain outstanding unless redeemed.

⁽²⁾ The Series E Preferred Stock dividends paid during the quarter ended September 30, 2013 include accumulated and unpaid dividends from the issuance date through the declaration date. The Series E Preferred Stock has no maturity date and will remain outstanding unless redeemed.