XML 106 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Preferred Stock
NNN completed the following underwritten public offering of cumulative redeemable preferred stock that is 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 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 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.