XML 44 R18.htm IDEA: XBRL DOCUMENT v2.3.0.15
Fair Value Of Financial Instruments
9 Months Ended
Sep. 30, 2011
Fair Value Of Financial Instruments [Abstract] 
Fair Value Of Financial Instruments

Note 12 – Fair Value of Financial Instruments:

NNN believes the carrying value of its revolving Credit Facility approximates fair value based upon its nature, terms and variable interest rate. NNN believes that the carrying value of its cash and cash equivalents, mortgages, notes and other receivables, mortgages payable and other liabilities at September 30, 2011, and December 31, 2010, approximates their fair value based upon current market prices for similar issuances. At September 30, 2011 and December 31, 2010, the fair value of NNN's notes payable and convertible notes payable, collectively, were $1,342,478,000 and $1,044,621,000, respectively, based upon quoted market price.