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Notes Payable (Details)
12 Months Ended
Dec. 31, 2016
USD ($)
instrument
derivative
Dec. 31, 2015
USD ($)
Oct. 31, 2015
USD ($)
derivative
May 31, 2014
USD ($)
derivative
Apr. 30, 2013
USD ($)
derivative
Jul. 31, 2011
USD ($)
derivative
Sep. 30, 2007
USD ($)
Notes Payable [Line Items]              
Number of derivative financial instruments outstanding | instrument 0            
Debt issuance costs incurred $ 21,157,000            
2017 Notes              
Notes Payable [Line Items]              
Principal [1] 250,000,000            
Discount [1],[2] 877,000            
Net Price [1] $ 249,123,000            
Stated Rate [1] 6.875%            
Effective Rate [1],[3] 6.924%            
2017 Notes | Interest Rate Swap              
Notes Payable [Line Items]              
Notional amount             $ 100,000,000
Liability amount from termination of hedge agreement             3,260,000
Liability amount from termination of hedge agreement, comprehensive income             $ 3,228,000
2021 Notes              
Notes Payable [Line Items]              
Principal [4] $ 300,000,000            
Discount [2],[4] 4,269,000            
Net Price [4] $ 295,731,000            
Stated Rate [4] 5.50%            
Effective Rate [3],[4] 5.689%            
2021 Notes | Interest Rate Swap              
Notes Payable [Line Items]              
Notional amount           $ 150,000,000  
Liability amount from termination of hedge agreement           5,300,000  
Liability amount from termination of hedge agreement, comprehensive income           $ 5,218,000  
Number of derivative financial instruments outstanding | derivative           2  
2022 Notes              
Notes Payable [Line Items]              
Principal $ 325,000,000            
Discount [2] 4,989,000            
Net Price $ 320,011,000            
Stated Rate 3.80%            
Effective Rate [3] 3.985%            
2023 Notes              
Notes Payable [Line Items]              
Principal [5] $ 350,000,000            
Discount [2],[5] 2,594,000            
Net Price [5] $ 347,406,000            
Stated Rate [5] 3.30%            
Effective Rate [3],[5] 3.388%            
2023 Notes | Forward Starting Swaps              
Notes Payable [Line Items]              
Notional amount         $ 240,000,000    
Liability amount from termination of hedge agreement         3,156,000    
Liability amount from termination of hedge agreement, comprehensive income         $ 3,141,000    
Number of derivative financial instruments outstanding | derivative         4    
2024 Notes              
Notes Payable [Line Items]              
Principal [6] $ 350,000,000            
Discount [2],[6] 707,000            
Net Price [6] $ 349,293,000            
Stated Rate [6] 3.90%            
Effective Rate [3],[6] 3.924%            
2024 Notes | Forward Starting Swaps              
Notes Payable [Line Items]              
Notional amount       $ 225,000,000      
Liability amount from termination of hedge agreement       $ 6,312,000      
Number of derivative financial instruments outstanding | derivative       3      
2025 Notes              
Notes Payable [Line Items]              
Principal [7] $ 400,000,000            
Discount [2],[7] 964,000            
Net Price [7] $ 399,036,000            
Stated Rate [7] 4.00%            
Effective Rate [3],[7] 4.029%            
2025 Notes | Forward Starting Swaps              
Notes Payable [Line Items]              
Notional amount     $ 300,000        
Liability amount from termination of hedge agreement     $ 13,369,000        
Number of derivative financial instruments outstanding | derivative     4        
2025 Notes              
Notes Payable [Line Items]              
Principal [8] $ 350,000,000            
Discount [2],[8] 3,860,000            
Net Price [8] $ 346,140,000            
Stated Rate [8] 3.60%            
Effective Rate [3],[8] 3.733%            
2025 Notes | Forward Starting Swaps              
Notes Payable [Line Items]              
Notional amount $ 180,000,000            
Liability amount from termination of hedge agreement $ 13,345,000            
Number of derivative financial instruments outstanding | derivative 2            
2015 Notes              
Notes Payable [Line Items]              
Principal   $ 150,000,000          
Stated Rate   6.15%          
[1] NNN entered into an interest rate hedge with a notional amount of $100,000. Upon issuance of the 2017 Notes, NNN terminated the interest rate hedge agreement resulting in a liability of $3,260, of which $3,228 was recorded to other comprehensive income. The liability has been deferred and is being amortized as an adjustment to interest expense over the term of the notes using the effective interest method.
[2] The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method.
[3] Includes the effects of the discount at issuance
[4] NNN entered into two interest rate hedges with a total notional amount of $150,000. Upon issuance of the 2021 Notes, NNN terminated the interest rate hedge agreements resulting in a liability of $5,300, of which $5,218 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method.
[5] NNN entered into four forward starting swaps with an aggregate notional amount of $240,000. Upon issuance of the 2023 Notes, NNN terminated the forward starting swaps resulting in a liability of $3,156, of which $3,141 was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method.
[6] NNN entered into three forward starting swaps with an aggregate notional amount of $225,000. Upon issuance of the 2024 Notes, NNN terminated the forward starting swaps resulting in a liability of $6,312, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method.
[7] NNN entered into four forward starting swaps with an aggregate notional amount of $300,000. Upon issuance of the 2025 Notes, NNN terminated the forward starting swaps resulting in a liability of $13,369, which was deferred in other comprehensive income. The deferred liability is being amortized over the term of the notes using the effective interest method.
[8] NNN entered into two forward starting swaps with an aggregate notional amount of $180,000. Upon issuance of the 2026 Notes, NNN terminated the forward starting swaps resulting in a gain of $13,345, which was deferred in other comprehensive income. The deferred asset is being amortized over the term of the notes using the effective interest method.