Earnings From Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2011

Real Estate Portfolio [Line Items]

Summary Of Earnings From Discontinued Operations

The following is a summary of the earnings from discontinued operations for each of the years ended December 31 (dollars in thousands):

	2011			2010			2009
Revenues:
Rental income from operating leases	$	3,709		$	5,394		$	11,284
Percentage rent	27			40			30
Real estate expense reimbursement from tenants	619			1,647			1,944
Interest and other income from real estate transactions	37			578			471
	4,392			7,659			13,729
Operating expenses:
General and administrative	22			101			123
Real estate	1,146			2,363			3,098
Depreciation and amortization	306			627			2,043
Impairment losses and other charges	431			—			5,630
	1,905			3,091			10,894
Other expenses (revenues):
Interest and other income	—			(2		)	(6		)
Interest expense	1,382			2,655			3,790
	1,382			2,653			3,784
Earnings (loss) before gain on disposition of real estate and income tax expense	1,105			1,915			(949		)
Gain on disposition of real estate	424			1,434			2,950
Income tax expense	(198		)	(625		)	(169		)
Earnings from discontinued operations attributable to NNN	1,331			2,724			1,832
Loss (earnings) attributable to noncontrolling interests	(80		)	11			(166		)
Earnings from discontinued operations attributable to NNN	$	1,251		$	2,735		$	1,666