CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings		$ 90,167	$ 81,373
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		59,148	52,680
Impairment losses – real estate, net of recoveries		2,640	1,632
Amortization of notes payable discount		432	415
Amortization of debt costs		1,199	1,171
Amortization of mortgages payable premium		(21)	(21)
Amortization of interest rate hedges		607	583
Gain on disposition of real estate		(6,300)	(3,992)
Performance incentive plan expense		3,466	6,246
Performance incentive plan payment		(916)	(103)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed:
Decrease in receivables		337	338
Decrease in accrued rental income		(469)	1,096
Increase in other assets		832	(115)
Increase in accrued interest payable		34,392	34,099
Increase (decrease) in other liabilities		(4,670)	(11,043)
Other		(22)	(21)
Net cash provided by operating activities		180,822	164,338
Cash flows from investing activities:
Proceeds from the disposition of real estate		12,136	20,315
Additions to real estate		(153,726)	(209,483)
Principal payments received on mortgages and notes receivable		111	102
Other		(867)	(577)
Net cash used in investing activities		(142,346)	(189,643)
Cash flows from financing activities:
Proceeds from line of credit payable		218,000	0
Repayment of line of credit payable		(175,200)	0
Repayment of mortgages payable		(173)	(165)
Payment of debt issuance costs		(50)	(48)
Proceeds from issuance of common stock		17,190	748
Stock issuance costs		(294)	(65)
Payment of common stock dividends		(99,401)	(92,751)
Net cash provided by (used in) financing activities		(39,928)	(92,281)
Net increase (decrease) in cash, cash equivalents and restricted cash		(1,452)	(117,586)
Cash, cash equivalents and restricted cash at beginning of period	[1]	6,778	171,322
Cash, cash equivalents and restricted cash at end of period	[1]	5,326	53,736
Supplemental disclosure of cash flow information:
Interest paid, net of amount capitalized		2,687	550
Supplemental disclosure of noncash investing and financing activities:
Change in other comprehensive income		607	583
Right-of-use asset recorded in connection with lease liability		6,401	0
Work in progress accrual balance at end of period		$ 13,974	$ 8,914

[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. As of March 31, 2023, NNN had restricted cash of $2,086. NNN did not have restricted cash and cash held in escrow as of March 31, 2022.