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Schedule IV - Mortgage Loans on Real Estate
 12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE
December 31, 2020
(dollars in thousands)
 
DescriptionInterest
Rate		Maturity
Date		Periodic
Payment
Terms		Prior
Liens		Face 
Amount
of Mortgages		Carrying
Amount of
Mortgages (c)		 Principal
Amount
of Loans Subject
to Delinquent
Principal or
Interest
First mortgages on properties:
2 properties in VA7.000%3/1/2025(b)—$3,000 $2,626 $— 
$3,000 $2,626 (a) $— 

(a)The following shows the changes in the carrying amounts of mortgage loans during the years:
202020192018
Balance at beginning of year$—   $—   $— 
New mortgage loans3,000 
(d)
3,100 
(d)
— 
Deductions during the year:
Collections of principal(374)(3,100)— 
Foreclosures— —   — 
Balance at the close of year$2,626   $—   $— 
(b)Principal and interest is payable at varying amounts over the life of the loan.
(c)Mortgages held by NNN and its subsidiaries for federal income tax purposes for the year ended December 31, 2020 was $2,626. There were no mortgages outstanding at December 31, 2019 and 2018.
(d)Mortgages totaling $3,000 and $3,100, were accepted in connection with real estate transactions for the year ended December 31, 2020 and 2019, respectively.