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Performance Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2011
Performance Incentive Plan [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following summarizes NNN’s stock-option compensation activity for each of the years ended December 31:
 
 
Number of Shares
 
2011
 
2010
 
2009
Outstanding, January 1
7,500

 
12,154

 
77,004

Options granted

 

 

Options exercised
(2,500
)
 
(4,654
)
 
(51,500
)
Options surrendered

 

 
(13,350
)
Outstanding, December 31
5,000

 
7,500

 
12,154

Exercisable, December 31
5,000

 
7,500

 
12,154

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following represents the weighted average option exercise price information for each of the years ended December 31:
 
 
2011
 
2010
 
2009
Outstanding, January 1
$
14.11

 
$
13.72

 
$
14.00

Granted during the year

 

 

Exercised during the year
13.20

 
13.08

 
13.72

Outstanding, December 31
14.57

 
14.11

 
13.72

Exercisable, December 31
14.57

 
14.11

 
13.72

Schedule of Stock Options Outstanding and Exercisable [Table Text Block]
The following summarizes the outstanding options and the exercisable options at December 31, 2011:

 
Total
Outstanding options:

Number of shares
5,000

Weighted-average exercise price
$
14.57

Weighted-average remaining contractual life in years
1.1

Exercisable options:

Number of shares
5,000

Weighted-average exercise price
$
14.57

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
The following summarizes the restricted stock activity for the year ended December 31, 2011:
 
Number
of
Shares
 
Weighted
Average
Share Price
Non-vested restricted shares, January 1
902,537

 
$
18.52

Restricted shares granted
141,351

 
24.45

Restricted shares vested
(135,396
)
 
20.24

Restricted shares forfeited
(5,215
)
 
20.96

Restricted shares repurchased
(2,704
)
 
26.50

Non-vested restricted shares, December 31
900,573

 
$
19.18

Schedule of Other Share-based Compensation, Activity [Table Text Block]
The following summarizes other grants made during the year ended December 31, 2011, pursuant to the 2007 Plan.
 
 
Shares
 
Weighted
Average
  Share Price  
Other share grants under the 2007 Plan:
 
 
 
Directors’ fees
9,632

 
$
25.91

Deferred Directors’ fees
26,312

 
25.86

 
35,944

 
$
25.87

Shares available under the 2007 Plan for grant, end of period
4,690,814