Organization And Summary Of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2011

Organization And Summary Of Significant Accounting Policies [Abstract]

Summary Of NNN's Investment Portfolio

	September 30, 2011
Investment Portfolio:
Total properties (including retail operations)		1,298
Gross leasable area (square feet)		15,342,000
States		47

Change In Other Comprehensive Income

	Nine Months Ended September 30, 2011
Balance at beginning of period	$	1,661
Amortization of interest rate hedges		(47	)
Fair value treasury locks		(5,218	)
Unrealized gain – commercial mortgage residual interests		599
Stock value adjustment		(34	)
Balance at end of period	$	(3,039	)

NNN's Total Comprehensive Income

	Quarter Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011			2010
Net earnings	$	22,632	$	21,210	$	64,755		$	58,782
Other comprehensive income (loss)		30		628		(4,700	)		661
Comprehensive income including noncontrolling interests		22,662		21,838		60,055			59,443
Comprehensive loss attributable to noncontrolling interests		—		—		—			26
Comprehensive income attributable to NNN	$	22,662	$	21,838	$	60,055		$	59,469

Computation Of Basic And Diluted Earnings Per Share

	Quarter Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
Basic and Diluted Earnings:
Net earnings attributable to NNN	$	22,632		$	21,210		$	64,755		$	58,782
Less: Series C preferred stock dividends		(1,696	)		(1,696	)		(5,089	)		(5,089	)
Net earnings available to NNN's common stockholders		20,936			19,514			59,666			53,693
Less: Earnings attributable to unvested restricted shares		(160	)		(93	)		(442	)		(238	)
Net earnings used in basic earnings per share		20,776			19,421			59,224			53,455
Reallocated undistributed income		(1	)		–			(2	)		–
Net earnings used in diluted earnings per share	$	20,775		$	19,421		$	59,222		$	53,455
Basic and Diluted Weighted Average Shares Outstanding:
Weighted average number of shares outstanding		88,008,849			83,429,299			85,772,590			83,244,062
Less: contingent shares		(251,826	)		–			(251,826	)		–
Less: unvested restricted stock		(647,617	)		(649,823	)		(623,818	)		(605,276	)
Weighted average number of shares outstanding used in basic earnings per share		87,109,406			82,779,476			84,896,946			82,638,786
Effects of dilutive securities:
Common stock options		2,669			3,054			3,093			3,825
Convertible debt		516,775			–			385,942			–
Directors' deferred fee plan		159,400			132,846			152,889			126,945
Weighted average number of shares outstanding used in diluted earnings per share		87,788,250			82,915,376			85,438,870			82,769,556