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Mortgages Payable
 12 Months Ended
Dec. 31, 2019
Notes Payable, Noncurrent [Abstract]  
Mortgages Payable Mortgages Payable:
The following table outlines the mortgages payable included in NNN’s consolidated financial statements (dollars in thousands):
Entered
 
Initial
Balance
 
Interest
Rate
 
Maturity(2)
 
Carrying
Value of
Encumbered
Asset(s)(3)
 
Outstanding Principal
Balance at December 31,
2019
 
2018
November 2014(1)
 
$
15,151

 
5.23%
 
July 2023
 
$
19,944

 
$
12,116

 
$
12,768

 
 
 
 
 
 
 
 
 
 
 
 
 
Debt costs
 
 
 
 
 
 
 
 
 
(147
)
 
(147
)
Accumulated amortization
 
 
 
 
 
 
 
90

 
73

Debt costs, net of accumulated amortization
 
 
 
(57
)
 
(74
)
Mortgages payable, including unamortized premium and net of unamortized debt costs
 
 
 
$
12,059

 
$
12,694

(1) 
Date entered represents the date that NNN acquired real estate subject to a mortgage securing a loan. Initial         balance and outstanding principal balance includes unamortized premium.
(2) 
Monthly payments include interest and principal; the balance is due at maturity.
(3) 
The loan is secured by a first mortgage lien on five of the Properties. The carrying values of the assets at     December 31, 2019.
The following outlines of the scheduled principal payments, including premium amortization of NNN’s mortgages payable as of December 31, 2019 (dollars in thousands):
2020
$
682

2021
716

2022
750

2023
9,968

 
$
12,116