Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2020

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.