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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Real estate portfolio, net of accumulated depreciation and amortization $ 8,535,851,000 $ 8,020,814,000
Cash and cash equivalents 1,189,000 2,505,000
Restricted cash and cash held in escrow 3,966,000 4,273,000
Receivables, net of allowance of $669 and $708, respectively 3,649,000 3,612,000
Accrued rental income, net of allowance of $4,168 and $3,836, respectively 34,611,000 27,795,000
Debt costs, net of accumulated amortization of $23,952 and $21,663, respectively 3,243,000 5,352,000
Other assets 79,459,000 81,694,000
Total assets 8,661,968,000 8,146,045,000
Liabilities:    
Line of credit payable 132,000,000 166,200,000
Mortgages payable, including unamortized premium and net of unamortized debt costs 0 9,964,000
Notes payable, net of unamortized discount and unamortized debt costs 4,228,544,000 3,739,890,000
Accrued interest payable 34,374,000 23,826,000
Other liabilities 109,593,000 82,663,000
Total liabilities 4,504,511,000 4,022,543,000
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 375,000,000 shares; 182,474,770 and 81,424,670 shares issued and outstanding, respectively 1,826,000 1,815,000
Capital in excess of par value 4,971,625,000 4,928,034,000
Accumulated deficit (805,883,000) (793,765,000)
Accumulated other comprehensive income (loss) (10,111,000) (12,582,000)
Total stockholders’ equity of NNN 4,157,457,000 4,123,502,000
Total liabilities and equity $ 8,661,968,000 $ 8,146,045,000