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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Real estate portfolio $ 7,444,289 $ 7,212,655
Real estate held for sale 5,557 5,671
Cash and cash equivalents 171,322 267,236
Receivables, net of allowance of $782 and $835, respectively 3,154 4,338
Accrued rental income, net of allowance of $4,587 and $6,947, respectively 31,942 53,958
Debt costs, net of accumulated amortization of $19,377 and $17,294, respectively 7,443 1,917
Other assets 87,347 92,069
Total assets 7,751,054 7,637,844
Liabilities:    
Mortgages payable, including unamortized premium and net of unamortized debt costs 10,697 11,395
Notes payable, net of unamortized discount and unamortized debt costs 3,735,769 3,209,527
Accrued interest payable 23,923 19,401
Other liabilities 79,002 78,217
Total liabilities 3,849,391 3,318,540
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.01 par value. Authorized 15,000,000 shares 0 345,000
Common stock, $0.01 par value. Authorized 375,000,000 shares; 175,635,792 and 175,232,971 shares issued and outstanding, respectively 1,757 1,753
Capital in excess of par value 4,662,714 4,633,771
Accumulated deficit (747,853) (644,779)
Accumulated other comprehensive income (loss) (14,956) (16,445)
Total stockholders’ equity of NNN 3,901,662 4,319,300
Noncontrolling interests 1 4
Total equity 3,901,663 4,319,304
Total liabilities and equity $ 7,751,054 $ 7,637,844