0001193125-12-059191.txt : 20120214 0001193125-12-059191.hdr.sgml : 20120214 20120214113437 ACCESSION NUMBER: 0001193125-12-059191 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120214 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RETAIL PROPERTIES, INC. CENTRAL INDEX KEY: 0000751364 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 561431377 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11290 FILM NUMBER: 12604705 BUSINESS ADDRESS: STREET 1: 450 S ORANGE AVE STREET 2: SUITE 900 CITY: ORLANDO STATE: FL ZIP: 32801 BUSINESS PHONE: 407-666-7348 MAIL ADDRESS: STREET 1: 450 SOUTH ORANGE AVE STREET 2: SUITE 900 CITY: ORLANDO STATE: FL ZIP: 32801 FORMER COMPANY: FORMER CONFORMED NAME: COMMERCIAL NET LEASE REALTY INC DATE OF NAME CHANGE: 19930510 FORMER COMPANY: FORMER CONFORMED NAME: CNL REALTY INVESTORS INC /DE/ DATE OF NAME CHANGE: 19930429 FORMER COMPANY: FORMER CONFORMED NAME: CNL REALTY INVESTORS INC DATE OF NAME CHANGE: 19920831 8-K 1 d301576d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 14, 2012

 

 

NATIONAL RETAIL PROPERTIES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   001-11290   56-1431377

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

450 South Orange Avenue Suite 900

Orlando, Florida

   32801
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (407) 265-7348

Not applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events

The exhibit listed in the following index relates to the Registration Statement on Form S-3 (No. 333-157583) of National Retail Properties, Inc. and is filed herewith for incorporation by reference into such Registration Statement.

 

Item 9.01. Financial Statements and Exhibits

 

  (d) Exhibits.

 

12.1    Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

NATIONAL RETAIL PROPERTIES, INC.
By:  

/s/ Kevin B. Habicht

Name:   Kevin B. Habicht
Title:  

Executive Vice President,

Chief Financial Officer,

Assistant Secretary and Treasurer

Dated: February 14, 2012

EX-12.1 2 d301576dex121.htm COMPUTATION OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES Computation of Consolidated Ratios of Earnings to Fixed Charges

Exhibit 12.1

NATIONAL RETAIL PROPERTIES, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(dollars in thousands)

 

     Nine Months
Ended
September 30,		     Years Ended December 31,  
     2011     2010     2009     2008     2007     2006  

Pretax income from continuing operations before income from equity investees

      63,632        71,249        54,659        89,966        68,350        47,629   

Add:

             

Fixed charges (excluding capitalized interest)

      60,067        72,427        69,341        72,270        57,810        51,057   

Distributed income from equity investees

      431        578        607        438        —          1,042   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Pretax earnings from operations, as adjusted

    $ 124,130      $ 144,254      $ 124,607      $ 162,674      $ 126,160      $ 99,728   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed Charges:

             

Interest on indebtedness

      51,296        61,639        60,094        63,746        53,359        48,947   

Capitalized interest

      846        617        1,243        2,014        3,718        2,278   

Amortization of discount relating to indebtedness

      5,032        6,360        6,006        5,670        2,724        860   

Amortization of interest rate hedges

      (47 )      (165 )      (159 )      (162 )      (309 )      (345 ) 

Amortization of deferred charges

      3,786        4,593        3,400        3,016        2,036        1,595   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed charges

    $ 60,913      $ 73,044      $ 70,584      $ 74,284      $ 61,528      $ 53,335   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Ratio of net earnings to fixed charges

      2.04        1.97        1.77        2.19        2.05        1.87   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Fixed charges

      60,913        73,044        70,584        74,284        61,528        53,335   

Preferred stock dividends

    $ 5,089      $ 6,785      $ 6,785      $ 6,785      $ 6,785      $ 5,718   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Combined fixed charges and preferred stock dividends

    $ 66,002      $ 79,829      $ 77,369      $ 81,069      $ 68,313      $ 59,053   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Ratio of earnings to combined fixed charges and preferred stock dividends

      1.88        1.81        1.61        2.01        1.85        1.69