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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Earnings including noncontrolling interests $ 70,676 $ 54,038
Adjustments to reconcile earnings including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization 34,655 32,141
Impairment losses, net of recoveries 572 1,028
Impairment – commercial mortgage residual interests valuation 220 0
Amortization of notes payable discount 338 317
Amortization of debt costs 756 709
Amortization of mortgages payable premium (51) (52)
Amortization of deferred interest rate hedges 695 414
Gain on disposition of real estate (16,875) (7,230)
Performance incentive plan expense 2,880 2,575
Performance incentive plan payment (581) (676)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:    
Decrease in real estate leased to others using the direct financing method 340 334
Decrease (increase) in mortgages, notes and accrued interest receivable (24) 59
Decrease in receivables 471 1,044
Increase in accrued rental income (242) (205)
Decrease (increase) in other assets (161) 4,539
Increase in accrued interest payable 13,524 11,907
Decrease in other liabilities (4,457) (4,311)
Other (313) 507
Net cash provided by operating activities 102,423 97,138
Cash flows from investing activities:    
Proceeds from the disposition of real estate 50,902 22,697
Transfers to restricted cash and cash held in escrow (42,535) 0
Additions to real estate:    
Accounted for using the operating method (126,577) (151,319)
Principal payments on mortgages and notes receivable 95 296
Other (652) (593)
Net cash used in investing activities (118,767) (128,919)
Cash flows from financing activities:    
Proceeds from line of credit payable 63,500 227,100
Repayment of line of credit payable (63,500) (185,200)
Repayment of mortgages payable (6,857) (409)
Proceeds from issuance of common stock 89,135 49,370
Stock issuance costs (1,380) (991)
Payment of common stock dividends (61,151) (55,314)
Noncontrolling interest distributions 0 (64)
Net cash provided by financing activities 10,888 25,633
Net decrease in cash and cash equivalents (5,456) (6,148)
Cash and cash equivalents at beginning of period 13,659 10,604
Cash and cash equivalents at end of period 8,203 4,456
Supplemental disclosure of cash flow information:    
Interest paid, net of amount capitalized 8,835 8,881
Taxes paid 0 116
Supplemental disclosure of noncash investing and financing activities:    
Issued 274,512 and 270,735 shares of restricted and unrestricted common stock in 2016 and 2015, respectively, pursuant to NNN’s performance incentive plan 10,820 8,439
Change in other comprehensive income 694 141
Mortgage receivable accepted in connection with real estate transactions 0 500
Change in lease classification (direct financing lease to operating lease) 0 311
Series D Depositary Share    
Cash flows from financing activities:    
Payment of Series D and Series E preferred stock dividends (4,762) (4,762)
Series E Depositary Share    
Cash flows from financing activities:    
Payment of Series D and Series E preferred stock dividends $ (4,097) $ (4,097)