CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS	3 Months Ended
	Mar. 31, 2021 USD ($)		Mar. 31, 2020 USD ($)
Cash flows from operating activities:
Net earnings	$ 56,587,000		$ 65,176,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	49,980,000		49,188,000
Impairment losses – real estate, net of recoveries	2,131,000		5,513,000
Loss on early extinguishment of debt	21,328,000		16,679,000
Amortization of notes payable discount	993,000		1,897,000
Amortization of debt costs	1,840,000		1,816,000
Amortization of mortgages payable premium	(21,000)		(21,000)
Amortization of interest rate hedges	1,368,000		383,000
Settlement of forward starting swaps	0		(13,141,000)
Gain on disposition of real estate	(4,281,000)		(12,770,000)
Performance incentive plan expense	4,318,000		3,078,000
Performance incentive plan payment	(721,000)		(846,000)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed:
Increase in receivables	(273,000)		(1,340,000)
Decrease (increase) in accrued rental income	8,332,000		(61,000)
Decrease in other assets	1,067,000		183,000
Increase in accrued interest payable	25,267,000		23,448,000
Decrease in other liabilities	(6,438,000)		(11,299,000)
Other	(307,000)		201,000
Net cash provided by operating activities	161,170,000		128,084,000
Cash flows from investing activities:
Proceeds from the disposition of real estate	18,067,000		33,384,000
Additions to real estate:
Accounted for using the operating method	(106,490,000)		(64,197,000)
Principal payments received on mortgages and notes receivable	93,000		100,000
Other	(182,000)		59,000
Net cash used in investing activities	(88,512,000)		(30,654,000)
Cash flows from financing activities:
Proceeds from line of credit payable	0		311,000,000
Repayment of line of credit payable	0		(444,600,000)
Repayment of mortgages payable	(156,000)		(147,000)
Proceeds from notes payable	441,594,000		692,646,000
Repayment of notes payable	(350,000,000)		(325,000,000)
Payment for early extinguishment of debt	(21,328,000)		(16,679,000)
Payment of debt issuance costs	(5,145,000)		(6,397,000)
Proceeds from issuance of common stock	1,882,000		696,000
Stock issuance costs	(177,000)		(45,000)
Payment of common stock dividends	(90,848,000)		(88,148,000)
Net cash provided by (used in) financing activities	(28,663,000)		118,841,000
Net increase in cash, cash equivalents and restricted cash	43,995,000		216,271,000
Cash, cash equivalents and restricted cash at beginning of period	267,236,000	[1]	1,112,000	[1]
Cash, cash equivalents and restricted cash at end of period	311,231,000	[1]	217,383,000	[1]
Supplemental disclosure of cash flow information:
Interest paid, net of amount capitalized	5,203,000		6,613,000
Supplemental disclosure of noncash investing and financing activities:
Change in other comprehensive income (loss)	1,368,000		(7,234,000)
Work in progress accrual balance	4,739,000		24,579,000
Mortgage receivable issued in connection with real estate disposition	0		3,000,000
Restricted cash and cash held in escrow	0		0
Series F Preferred Stock
Cash flows from financing activities:
Payment of Series F preferred stock dividends	$ (4,485,000)		$ (4,485,000)

[1] Cash, cash equivalents and restricted cash is the aggregate of cash and cash equivalents and restricted cash and cash held in escrow from the Condensed Consolidated Balance Sheets. NNN had no restricted cash and cash held in escrow at March 31, 2021 and 2020.