Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events:

NNN reviewed its subsequent events and transactions that have occurred after September 30, 2016, the date of the condensed consolidated balance sheet.

On October 11, 2016, NNN consummated an underwritten public offering of 13,800,000 depositary shares (including net proceeds from the underwriters over-allotment exercise), each representing a 1/100th interest in a share of 5.20% Series F Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”), and received gross proceeds of $345,000,000. In connection with this offering, the Company incurred stock issuance costs of approximately $10,722,000, consisting primarily of underwriting commissions and fees, legal and accounting fees and printing expenses.

There were no other reportable subsequent events or transactions.