Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net earnings		$ 94,371	$ 90,167
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		60,615	59,148
Impairment losses – real estate, net of recoveries		1,204	2,640
Amortization of notes payable discount		661	432
Amortization of debt costs		1,301	1,199
Amortization of mortgages payable premium		0	(21)
Amortization of interest rate hedges		632	607
Gain on disposition of real estate		(4,821)	(6,300)
Performance incentive plan expense		3,897	3,466
Performance incentive plan payment		(1,274)	(916)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed:
Decrease in receivables		80	337
Decrease (increase) in accrued rental income		36	(469)
Increase in other assets		303	832
Increase in accrued interest payable		41,113	34,392
Decrease in other liabilities		(7,148)	(4,670)
Other		(255)	(22)
Net cash provided by operating activities		190,715	180,822
Cash flows from investing activities:
Proceeds from the disposition of real estate		18,940	12,136
Additions to real estate		(116,406)	(153,726)
Principal payments received on mortgages and notes receivable		120	111
Other		(386)	(867)
Net cash used in investing activities		(97,732)	(142,346)
Cash flows from financing activities:
Proceeds from line of credit payable		152,000	218,000
Repayment of line of credit payable		(167,800)	(175,200)
Repayment of mortgages payable		0	(173)
Payment of debt issuance costs		(53)	(50)
Proceeds from issuance of common stock		21,693	17,190
Stock issuance costs		(166)	(294)
Payment of common stock dividends		(102,684)	(99,401)
Net cash used in financing activities		(97,010)	(39,928)
Net decrease in cash, cash equivalents and restricted cash		(4,027)	(1,452)
Cash, cash equivalents and restricted cash at beginning of period	[1]	5,155	6,778
Cash, cash equivalents and restricted cash at end of period	[1]	1,128	5,326
Supplemental disclosure of cash flow information:
Interest paid, net of amount capitalized		2,221	2,687
Supplemental disclosure of noncash investing and financing activities:
Change in other comprehensive income		632	607
Right-of-use asset recorded in connection with lease liability		0	6,401
Change in work in progress accrual		$ 8,086	$ 1,811

[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 and December 31, 2023, NNN had restricted cash of $2,086 and $3,966, respectively. NNN did not have restricted cash and cash held in escrow as of March 31, 2024.