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Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Preferred Stock
NNN completed the following underwritten public offerings of cumulative redeemable preferred stock and are still outstanding ("Preferred Stock Shares") (dollars in thousands, except per share data):
Series
 
Dividend Rate(1)
 
Issued
 
Depositary Shares Outstanding(2)
 
Gross Proceeds
 
Stock Issuance Costs(3)
 
Dividend Per Depositary Share
 
Earliest Redemption Date
Series D
 
6.625
%
 
February 2012
 
11,500,000

 
$
287,500

 
$
9,855

 
$
1.656250

 
February 2017
Series E
 
5.700
%
 
May 2013
 
11,500,000

 
287,500

 
9,856

 
1.425000

 
May 2018
Series F
 
5.200
%
 
October 2016
 
13,800,000

 
345,000

 
10,897

 
1.300000

 
October 2021
(1) 
Holders are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash dividends.
(2) 
Representing 1/100th of a preferred share. Series D and E issuances each included 1,500,000 depositary shares in connection with the underwriters' over-allotment. Series F issuance included 1,800,000 depositary shares in connection with the underwriters' over-allotment.
(3) 
Consisting primarily of underwriting commissions and fees, rating agency fees, legal and accounting fees and printing expenses.