Derivatives (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table outlines NNN's terminated derivatives which were hedging the risk of changes in forecasted interest payments on forecasted issuance of long-term debt (dollars in thousands):

Notes Payable	Terminated	Description	Aggregate Notional Amount		Liability (Asset) Fair Value When Terminated			Fair Value Deferred In Other Comprehensive Income (1)
2023	April 2013	Four forward starting swaps	$	240,000	$	3,156		$	3,141
2024	May 2014	Three forward starting swaps	225,000		6,312			6,312
2025	October 2015	Four forward starting swaps	300,000		13,369			13,369
2026	December 2016	Two forward starting swaps	180,000		(13,352		)	(13,345		)
2027	September 2017	Two forward starting swaps	250,000		7,690			7,688
2028	September 2018	Two forward starting swaps	250,000		(4,080		)	(4,080		)
2030	March 2020	Three forward starting swaps	200,000		13,141			13,141

⁽¹⁾ The amount reported in accumulated other comprehensive income will be reclassified to interest expense as interest payments are made on the related notes payable.