7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2001-09-30 2001-06-30 2001-03-31 
      
                                                                                
      cash flows from operating activities:
                                                                                
      net earnings
    96,839,000 100,529,000 96,458,000 97,894,000 97,904,000 106,666,000 94,371,000 96,682,000 106,787,000 98,704,000 90,167,000 90,662,000 88,421,000 74,165,000 81,373,000 77,570,000 82,932,000 73,021,000 56,587,000 56,068,000 46,265,000 65,176,000 66,698,000 79,091,000 80,033,000 82,042,000 70,584,000 103,289,000                             26,804,000 28,867,000 30,274,000 30,888,000 33,053,000 34,365,000 47,386,000 48,655,000 26,704,000 57,401,000 21,455,000 80,201,000 23,448,000 18,172,000 16,531,000 28,693,000 26,004,000 7,473,000 10,385,000 11,594,000 
      adjustments to reconcile net earnings to net cash from operating activities:
                                                                                
      depreciation and amortization
    67,252,000 68,349,000 64,617,000 63,194,000 63,369,000 62,503,000 60,615,000 60,079,000 59,523,000 59,875,000 59,148,000 57,322,000 56,388,000 57,444,000 52,680,000 53,389,000 50,976,000 50,875,000 49,980,000 49,404,000 48,936,000 49,188,000 48,348,000 46,241,000 46,180,000 42,478,000 43,304,000 44,498,000 48,409,000 41,326,000 40,143,000 38,970,000 36,489,000 34,655,000 33,607,000 34,202,000 32,141,000 29,771,000 28,007,000 28,012,000 26,005,000 22,613,000 23,805,000 17,543,000 19,120,000 18,263,000 15,124,000 14,008,000 13,670,000 12,857,000 12,035,000 12,147,000 12,045,000 12,775,000 11,509,000 12,211,000 11,990,000 12,511,000 11,645,000 11,021,000 10,225,000 9,950,000 8,298,000 7,760,000 6,968,000 6,670,000 5,694,000 5,556,000 6,604,000 6,459,000 6,477,000 4,828,000 4,586,000 2,462,000 2,206,000 2,208,000 
      impairment losses – real estate, net of recoveries
    7,195,000 4,535,000 1,512,000 3,724,000 760,000 944,000 1,204,000 2,315,000 1,001,000 34,000 2,640,000 1,088,000 971,000 4,618,000 1,632,000 7,310,000 4,781,000 7,735,000 2,131,000 5,695,000 21,854,000 5,513,000 10,692,000 7,187,000 3,245,000                                                    
      amortization of notes payable discount
    952,000 802,000 791,000 777,000 765,000 723,000 661,000 658,000 547,000 437,000 432,000 429,000 425,000 422,000 415,000 412,000 368,000 357,000 993,000 379,000 378,000 1,897,000 438,000 434,000 425,000 479,000 464,000 458,000 452,000 441,000 437,000 347,000 345,000 338,000 325,000 322,000 317,000 310,000 312,000 302,000 297,000 1,235,000 1,356,000 1,263,000 1,197,000 1,181,000 1,697,000 1,681,000 1,654,000 1,626,000 1,604,000 1,578,000 1,552,000 1,527,000 1,502,000 1,481,000 1,496,000 47,000 47,000 45,000 50,000 52,000 40,000 36,000 36,000 36,000 35,000 33,000 33,000 29,000 106,000 -55,000 25,000 27,000 27,000 26,000 
      amortization of debt costs
    1,630,000 1,478,000 1,466,000 1,455,000 1,450,000 1,787,000 1,301,000 1,295,000 1,247,000 1,202,000 1,199,000 1,201,000 1,184,000 1,178,000 1,171,000 1,164,000 1,140,000 1,042,000 1,840,000 1,082,000 1,026,000 1,816,000 936,000 931,000 920,000 914,000 893,000 888,000 884,000 868,000 859,000 763,000 757,000 756,000 719,000 714,000 709,000 713,000 697,000 656,000 654,000 899,000 907,000                                  
      amortization of interest rate hedges
    480,000 469,000 460,000 460,000 450,000 610,000 632,000 628,000 620,000 616,000 607,000 604,000 595,000 592,000 583,000 579,000 565,000 561,000 1,368,000 642,000 638,000 383,000 327,000 325,000 323,000 525,000                                                   
      settlement of forward starting swaps
                     -13,141,000                                                       
      gain on disposition of real estate
    -12,570,000 -16,198,000 -3,813,000 -12,083,000 -7,765,000 -17,621,000 -4,821,000 -7,263,000 -19,992,000 -13,930,000 -6,300,000 -6,787,000 -5,889,000 -775,000 -3,992,000 -5,159,000 -9,473,000 -4,181,000 -4,281,000 -148,000 -719,000 -12,770,000 -2,061,000 -13,002,000 -10,445,000 -14,348,000 -4,106,000 -38,596,000 -3,185,000 -3,055,000 -14,624,000 -4,505,000 -1,178,000 -16,875,000 -1,971,000 -30,000 -7,230,000 -3,607,000 -3,057,000 -1,963,000 -1,228,000 -2,669,000 -505,000                                 -2,864,000 
      performance incentive plan expense
    3,502,000 3,055,000 5,637,000 2,859,000 3,124,000 2,955,000 3,897,000 4,378,000 2,707,000 2,824,000 3,466,000 3,330,000 3,163,000 4,591,000 6,246,000 2,120,000 3,654,000 4,399,000 4,318,000 3,394,000 3,197,000 3,078,000 3,001,000 2,793,000 2,787,000 2,388,000 2,568,000 2,275,000 1,896,000 7,449,000 2,755,000 2,910,000 2,924,000 2,880,000 2,556,000 2,393,000 2,575,000 2,622,000 2,374,000 2,338,000 1,688,000 2,533,000 2,310,000 3,121,000 1,632,000 2,257,000 1,760,000 1,558,000 1,739,000 1,459,000 1,585,000                          
      performance incentive plan payment
    -1,702,000 -1,274,000 -916,000 -103,000 -721,000 -846,000 -775,000 -432,000 -862,000 -581,000 -676,000 -2,808,000 -2,139,000                                  
      change in operating assets and liabilities, net of assets acquired and liabilities assumed:
                                                                                
      decrease in receivables
    233,000    327,000 1,018,000 80,000  104,000 213,000 337,000  722,000          -375,000 403,000 887,000  1,104,000 125,000  903,000 307,000 -268,000 668,000 471,000 -242,000 191,000 1,044,000       381,000 116,000 517,000   581,000    766,000               -359,000 1,118,000   83,000 2,056,000  193,000 329,000 
      decrease (increase) in accrued rental income
    -631,000 425,000 -509,000 -302,000 -123,000 95,000 36,000 -5,957,000 -493,000 -534,000 -469,000     2,046,000 3,399,000 7,360,000 8,332,000                         -477,000 319,000 -537,000           132,000                    
      increase in other assets
    1,370,000    545,000    221,000              852,000                                -109,000          668,000           -13,000 
      increase in accrued interest payable
    49,241,000 -44,013,000 44,999,000 -45,700,000 44,468,000 -44,556,000 41,113,000 -26,391,000 35,986,000 -33,439,000 34,392,000 -33,558,000 34,206,000 -34,844,000 34,099,000 -28,880,000 30,987,000 -22,852,000 25,267,000 29,675,000 -20,046,000 23,448,000   27,937,000 15,897,000 -16,978,000 16,068,000 17,134,000 -16,458,000 16,714,000 13,654,000 -14,499,000 13,524,000 12,065,000 -11,855,000 11,907,000 12,005,000 -9,464,000 10,854,000   10,603,000   6,777,000   11,673,000    11,015,000 -10,977,000 10,973,000 -11,020,000 10,887,000 -11,119,000 10,693,000 -9,923,000 6,714,000   -1,550,000 1,593,000 -1,812,000 3,623,000 -4,431,000 3,070,000 25,000 1,146,000 -872,000 614,000   -111,000 
      increase in other liabilities
    2,768,000   5,228,000 1,292,000   -4,028,000    -1,858,000              -904,000   -1,769,000                           1,264,000 -2,612,000 1,108,000   86,000     -617,000   41,000     -4,000 -27,000 553,000 
      other
    61,000 34,000 56,000 66,000 51,000 -255,000 -35,000 62,000 74,000 -22,000 72,000 -55,000 72,000 -21,000 -47,000 55,000 2,000 -307,000 -304,000 -37,000 140,000 -21,000 50,000 -218,000 -307,000 -75,000 110,000 -89,000 83,000 -125,000 -128,000 -243,000 -313,000 1,381,000 -1,621,000 507,000 206,000 479,000 291,000 -664,000 -24,000 -93,000   -139,000 184,000 -381,000 463,000 -1,487,000 -477,000 -860,000 -750,000 -98,000 -636,000 11,000 -94,000 109,000 11,000 68,000 -324,000 -6,877,000 176,000 -86,000 175,000 510,000 -396,000 298,000 618,000 17,000 -114,000 315,000 -335,000 -1,000 178,000 92,000 
      net cash from operating activities
    218,261,000 119,420,000 203,282,000 117,678,000 206,632,000 120,479,000 190,715,000 121,597,000 191,519,000 118,472,000 180,822,000 113,084,000 189,960,000 110,973,000 164,338,000 115,275,000 172,394,000 119,586,000 161,170,000 161,107,000 59,633,000 128,084,000 163,691,000 91,965,000 143,376,000 137,277,000 98,234,000 129,997,000 115,144,000 97,879,000 117,192,000 126,558,000 85,225,000 102,423,000 110,153,000 70,691,000 97,138,000 94,734,000 58,415,000 78,604,000 90,890,000 55,366,000 68,823,000 71,807,000 49,167,000 50,600,000 61,286,000 28,993,000 48,866,000 26,023,000 51,568,000 63,877,000 46,446,000 23,528,000 48,248,000 28,942,000 48,784,000 26,460,000 98,701,000 40,795,000 70,792,000 -63,968,000 69,522,000 57,737,000 66,343,000 -1,968,000 15,548,000 -14,361,000 19,342,000 -25,823,000 22,823,000 17,558,000 16,372,000 10,109,000 12,876,000 13,499,000 
      cash flows from investing activities:
                                                                                
      proceeds from the disposition of real estate
    41,470,000 51,263,000 15,935,000 43,070,000 20,496,000 67,328,000 18,940,000 26,792,000 49,092,000 28,314,000 12,136,000 16,043,000 21,716,000 8,888,000 20,315,000 51,247,000 30,541,000 23,197,000 18,067,000 3,685,000 3,873,000 33,384,000 33,560,000 42,117,000 16,909,000 38,099,000 12,084,000 71,627,000 7,684,000 9,344,000 39,251,000 10,656,000 22,164,000 50,902,000 8,160,000 2,207,000 22,697,000 15,238,000 17,209,000 12,301,000 35,004,000 12,461,000 4,627,000                               1,153,000 17,228,000 18,057,000 
      additions to real estate
    -288,510,000 -222,401,000 -231,508,000 -221,725,000 -126,163,000 -108,580,000 -116,406,000 -271,072,000 -196,980,000 -174,013,000 -153,726,000 -266,684,000 -218,728,000 -147,977,000 -209,483,000                                                              
      principal payments received on mortgages and notes receivable
    460,000 129,000 126,000 224,000 120,000 119,000 116,000 213,000 111,000 109,000 106,000 204,000 102,000 100,000 98,000 195,000 93,000 89,000 94,000 100,000                                                       
      net cash from investing activities
    -247,876,000 -171,667,000 -215,302,000 -179,322,000 -105,666,000 -41,616,000 -97,732,000 -244,389,000 -148,162,000 -145,763,000 -142,346,000 -250,823,000 -197,352,000 -139,813,000 -189,643,000 -48,021,000 -216,918,000 -78,726,000 -88,512,000 -7,097,000 -10,818,000 -30,654,000 -91,186,000 -224,806,000 -93,030,000 -52,505,000 -138,084,000 -103,152,000 -64,376,000 -291,952,000 -58,847,000 -140,985,000 -295,070,000 -118,767,000 -235,430,000 -131,027,000 -128,919,000 -317,323,000 -78,728,000 -81,692,000 -41,537,000 -420,200,000 -46,552,000 -99,976,000 -90,594,000 -190,678,000 -317,096,000 -56,922,000 -57,944,000 -121,707,000 -79,954,000 -12,799,000 -5,800,000 -2,806,000 -8,069,000 -7,179,000 -10,009,000 -25,322,000 -17,723,000 -39,049,000 -174,210,000 -82,252,000 -114,672,000 -288,003,000 -51,790,000 -42,882,000 -100,319,000 55,786,000 -19,569,000 -155,820,000 -50,727,000 -26,541,000 -9,399,000   3,872,000 
      cash flows from financing activities:
                                                                                
      proceeds from line of credit payable
    368,500,000 249,500,000 96,500,000 41,000,000 256,000,000 152,000,000 226,500,000 132,500,000 295,500,000 218,000,000 344,000,000 218,000,000       311,000,000 227,200,000   432,000,000 676,500,000 491,000,000 251,500,000 601,500,000 103,700,000 491,700,000 535,000,000 63,500,000 514,700,000 452,700,000 227,100,000 238,000,000 68,000,000 251,000,000 144,500,000 114,000,000 186,500,000 71,500,000 372,000,000 242,400,000 176,000,000 199,300,000 129,500,000 240,800,000    28,400,000 51,200,000 52,800,000 45,500,000 90,600,000 117,900,000 262,000,000 174,500,000 128,000,000 253,000,000 106,800,000 54,300,000 130,900,000 88,300,000 105,500,000 186,300,000 83,100,000 58,200,000 45,900,000 30,400,000 24,600,000 20,600,000 
      repayment of line of credit payable
    -267,700,000 -217,100,000 -133,200,000 -96,500,000 -53,000,000 -360,200,000 -167,800,000 -94,500,000 -465,000,000 -172,000,000 -175,200,000 -225,300,000 -210,500,000       -444,600,000 -290,400,000   -598,700,000 -686,200,000 -435,100,000 -467,000,000 -386,000,000 -103,700,000 -454,800,000 -387,700,000 -63,500,000 -359,800,000 -367,100,000 -185,200,000 -103,100,000 -159,500,000 -205,900,000 -144,500,000 -173,400,000 -301,300,000 -214,100,000 -255,600,000 -281,800,000 -395,200,000 -164,300,000 -106,300,000 -116,900,000    -50,400,000 -52,100,000 -56,400,000 -72,000,000 -164,800,000 -114,200,000 -268,300,000 -64,100,000 -281,200,000 -80,400,000 -134,800,000 -105,100,000 -201,800,000 -130,100,000 -76,300,000 -144,800,000 -38,500,000 -15,000,000 -30,800,000   -18,800,000 
      proceeds from notes payable
                439,578,000 441,594,000 692,646,000                                                    
      repayment of notes payable
                 -350,000,000 -325,000,000                                -13,533,000 -100,000,000         -1,750,000      
      payment of debt issuance costs
    -4,224,000 -134,000 -53,000 -24,000 -89,000 -12,961,000 -53,000 -262,000 -4,123,000 -75,000 -50,000 -72,000 -1,000 -78,000 -48,000 -689,000 -4,382,000 -7,598,000 -5,145,000 -1,000 -1,412,000 -6,397,000 -75,000 -40,000                                                    
      proceeds from issuance of common stock
    71,660,000 10,938,000 655,000 647,000 181,818,000 13,423,000 21,693,000 800,000 763,000 13,575,000 17,190,000 122,565,000 98,359,000 32,300,000 748,000 728,000 719,000 724,000 1,882,000 11,356,000 53,388,000 696,000 451,340,000 82,699,000 5,279,000 88,333,000 130,637,000 1,554,000 99,996,000 25,492,000 49,011,000 57,628,000 130,313,000 89,135,000 38,791,000 39,324,000 49,370,000 70,880,000 54,954,000 21,144,000 5,281,000 92,018,000 166,067,000 58,940,000 22,769,000 37,550,000 243,137,000 36,366,000 20,025,000 3,472,000 2,388,000 3,475,000 8,357,000 10,541,000 35,725,000 12,819,000 8,975,000 80,190,000 20,854,000 20,843,000 6,152,000 126,731,000 11,159,000 32,158,000 140,673,000 25,785,000 12,720,000 7,346,000 24,541,000 15,544,000 6,548,000 741,000 435,000 177,000 188,000 150,000 
      stock issuance costs
    -1,277,000 -167,000 -85,000 -110,000 -2,908,000 -132,000 -166,000 -189,000 -219,000 -264,000 -294,000 -1,882,000 -1,304,000 -510,000 -65,000 -51,000 -50,000 -47,000 -177,000 -484,000 -712,000 -45,000 -16,508,000 -724,000 -42,000 -1,168,000 -1,566,000 -174,000 -1,380,000 -440,000 -798,000 -887,000 -1,999,000 -1,380,000 -583,000 -632,000 -991,000 -1,088,000 -800,000 -304,000 -39,000 -11,152,000 -2,264,000 -807,000 -471,000 -9,922,000        -72,000 -28,000 -4,000     -4,809,000 -789,000 -5,517,000 -100,000 -2,000 -129,000 28,000 -2,000      
      payment of common stock dividends
    -112,809,000 -108,566,000 -108,335,000 -108,319,000 -106,077,000 -103,159,000 -102,684,000 -102,665,000 -102,647,000 -99,745,000 -99,401,000 -97,901,000 -97,008,000 -92,878,000 -92,751,000 -92,741,000 -92,731,000 -90,971,000 -90,848,000 -89,947,000 -88,270,000 -88,148,000 -83,935,000 -81,073,000 -80,566,000 -78,253,000 -72,850,000 -72,733,000 -70,670,000 -67,659,000 -66,781,000 -66,675,000 -62,451,000 -61,151,000 -58,274,000 -56,086,000 -55,314,000 -52,316,000 -49,685,000 -49,273,000 -48,947,000 -46,622,000 -44,321,000 -42,628,000 -41,079,000 -40,432,000 -33,028,000 -32,209,000 -31,678,000 -31,629,000 -31,588,000 -31,148,000 -31,026,000 -30,834,000 -30,202,000 -29,907,000 -29,313,000 -29,300,000 -27,655,000 -27,454,000 -25,698,000 -25,469,000 -23,767,000 -23,638,000 -20,115,000 -19,766,000 -19,460,000 -18,799,000 -18,014,000 -17,619,000 -17,510,000 -16,964,000 -16,925,000    
      net cash from financing activities
    181,560,000 53,471,000 8,482,000 -107,806,000 60,744,000 -63,189,000 -97,010,000 29,684,000 49,654,000 27,217,000 -39,928,000 141,240,000 7,380,000 -21,607,000 -92,281,000 -439,458,000 338,492,000 -102,533,000 -28,663,000 -83,710,000 -41,638,000 118,841,000 278,974,000 54,529,000 -84,092,000 521,015,000 37,733,000 -24,207,000 199,045,000 164,105,000 -318,467,000 17,972,000 204,013,000 10,888,000 125,444,000 58,328,000 25,633,000 142,135,000 99,745,000 7,529,000 -279,739,000 598,308,000 -20,905,000 166,708,000 41,301,000 141,029,000 271,900,000 28,960,000 9,587,000 93,723,000 -19,437,000 -30,489,000 -24,628,000 -28,748,000 -18,501,000 -22,048,000 -39,543,000  -83,337,000 -8,711,000 87,757,000 147,276,000 69,077,000 176,221,000 40,333,000 37,314,000 89,300,000 -57,065,000 12,315,000 178,021,000 30,414,000 15,180,000 -5,771,000   -8,107,000 
      net increase in cash, cash equivalents and restricted cash
    151,945,000   -169,450,000 161,710,000       3,501,000   -117,586,000 -372,204,000 293,968,000 -61,673,000 43,995,000 70,300,000 7,177,000 216,271,000 351,479,000 -78,312,000 -33,746,000 605,787,000 -2,117,000 2,638,000   -260,122,000                                              
      cash, cash equivalents and restricted cash at beginning of period
    9,062,000  5,155,000  6,778,000  171,322,000  267,236,000 1,112,000 114,267,000 1,364,000 294,540,000                                              
      cash, cash equivalents and restricted cash at end of period
    151,945,000 1,224,000 5,524,000  161,710,000 15,674,000 1,128,000  93,011,000 -74,000 5,326,000  -12,000 -50,447,000 53,736,000  293,968,000 -61,673,000 311,231,000 70,300,000 7,177,000 217,383,000 351,479,000 -78,312,000 80,521,000 605,787,000 -2,117,000 4,002,000 249,813,000 -29,968,000 34,418,000                                              
      supplemental disclosure of cash flow information:
                                                                                
      interest paid, net of amount capitalized
    1,532,000 91,088,000 928,000 90,949,000 626,000 89,630,000 2,221,000 69,111,000 4,372,000 71,999,000 2,687,000 69,345,000 847,000 69,589,000 550,000 63,542,000 568,000 54,063,000 5,203,000 500,000 50,198,000 6,613,000 692,000 57,960,000 499,000 9,996,000 43,298,000 9,512,000 9,847,000 42,547,000 8,732,000 9,225,000 37,125,000 8,835,000 9,200,000 32,689,000 8,881,000 8,645,000 30,501,000 8,781,000 8,897,000 32,473,000 9,297,000 12,072,000 26,380,000 12,420,000 3,887,000 28,190,000 5,040,000 26,770,000 4,562,000 26,594,000 4,460,000  4,264,000 26,309,000 4,536,000 26,753,000 5,663,000 26,802,000 10,177,000     14,227,000 9,628,000 16,494,000 10,425,000        
      supplemental disclosure of noncash investing and financing activities:
                                                                                
      change in other comprehensive income
    480,000 352,000 168,000 460,000 450,000 610,000 632,000 628,000 620,000 616,000 607,000 604,000 595,000 592,000 583,000 579,000 -1,019,000 561,000 1,368,000         1,171,000 5,378,000 765,000 33,000 -1,655,000 1,680,000 694,000 8,983,000 233,000 141,000 41,000 2,506,000 2,439,000 -540,000 -109,000 815,000 -56,000 -381,000 55,000 29,000 -6,391,000 1,661,000 463,000 629,000 -91,000 149,000  -3,199,000 2,141,000 1,076,000 -563,000 633,000 397,000 1,221,000 -33,000 -5,101,000 1,137,000 375,000 1,588,000 -152,000 187,000 3,596,000        
      change in work in progress accrual
    -5,483,000 10,135,000 885,000 -4,919,000 -12,587,000 1,962,000 8,086,000                                                                      
      decrease (increase) in receivables
      -602,000            338,000 -1,026,000 1,485,000   14,519,000 -14,431,000 -1,340,000                 616,000 417,000  -183,000 -148,000       -1,144,000 2,605,000    593,000 -24,000 844,000  -445,000      -398,000 1,075,000    3,374,000       
      decrease in other assets
      1,326,000    303,000            1,067,000         414,000         4,539,000   742,000   61,000   595,000   502,000    236,000    175,000  528,000 -232,000 353,000  -308,000          621,000    
      decrease in other liabilities
      -7,392,000    -7,148,000   3,949,000 -4,670,000   3,035,000 -11,043,000  3,422,000 1,234,000 -6,438,000 1,822,000 3,943,000 -11,299,000 7,347,000 -1,532,000 -7,315,000   -1,082,000   -3,701,000  486,000 -4,457,000 367,000 783,000 -4,311,000  14,000 -3,249,000  1,063,000 -2,264,000  611,000 -4,101,000  1,501,000 -3,132,000   -2,433,000 -734,000          710,000          -961,000    
      net decrease in cash, cash equivalents and restricted cash
      -3,538,000    -4,027,000   -74,000 -1,452,000                  249,813,000                                                
      amortization of mortgages payable premium
           -21,000 -22,000 -22,000 -22,000 -21,000 -20,000 -22,000 -22,000 -21,000 -21,000 -22,000 -21,000 -21,000 -22,000 -21,000 -21,000 -22,000 -21,000 -23,000 -21,000 -21,000 -37,000 -38,000 -51,000 -52,000 -52,000 -52,000 -20,000 -14,000 -15,000 -15,000 -14,000 -14,000                                  
      decrease (increase) in other assets
              832,000   -1,254,000 -115,000 1,756,000 -291,000     183,000   -12,000      453,000 -363,000 297,000 -161,000                                -2,064,000   -276,000        
      repayment of mortgages payable
           -9,774,000 -173,000 -170,000 -166,000 -163,000 -165,000 -161,000 -157,000 -156,000 -156,000 -149,000 -147,000 -147,000 -141,000 -140,000 -141,000 -134,000 -132,000 -134,000 -126,000 -126,000 -127,000 -135,000 -133,000 -6,857,000 -531,000 -717,000 -409,000 -271,000 -275,000 -279,000 -269,000 -266,000 -260,000 -18,454,000 -392,000 -288,000 -275,000 -269,000 -272,000 -263,000 -5,657,000 -280,000 -253,000 -258,000 -250,000 -245,000 -247,000 -308,000 -298,000 -293,000 -291,000 -286,000 -7,225,000 -451,000 -450,000 -439,000 -426,000 -419,000 -18,957,000 -910,000 -1,804,000 -970,000 -2,960,000   -519,000 
      noncontrolling interest distributions
                                     -228,000 -64,000 -24,000 -1,208,000       -12,000 -33,000 -851,000 -10,000 -227,000 -5,000 -43,000 -277,000                    
      cash, cash equivalents and restricted cash at beginning of year
                                                                                
      cash, cash equivalents and restricted cash at end of year
                                                                                
      right-of-use asset recorded in connection with lease liability
           6,401,000                                                                  
      loss on early extinguishment of debt
                   21,328,000 16,679,000                                                       
      payment for early extinguishment of debt
                   -21,328,000 -16,679,000                                                       
      redemption of series f preferred stock
                                                                                
      payment of series f preferred stock dividends
                   -1,544,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000 -4,485,000                                              
      noncontrolling interests distributions
                                                                               
      work in progress accrual balance at end of period
            15,512,000 7,175,000 13,974,000                                                                  
      work in progress accrual balance at the end of the period
                                                                                
      mortgage receivable issued in connection with a real estate disposition
                                                                                
      decrease in accrued rental income
                655,000 1,547,000 1,096,000                                                              
      work in progress accrual balance
                 5,793,000 8,914,000 1,431,000 -112,000 1,637,000 4,739,000 -6,658,000 -7,790,000 24,579,000                                                       
      additions to real estate accounted for using the operating method
                   -98,579,000                                                            -68,000 
      redemption of series e preferred stock
                                                                                
      payment of series e preferred stock dividends
                          -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000 -4,097,000                                     
      right-of-use assets recorded in connection with lease liabilities
                          489,000 7,735,000                                                    
      change in lease classification
                                696,000    868,000 311,000       757,000 1,164,000                              
      mortgage receivable issued in connection with real estate disposition
                                                                                
      additions to real estate:
                                                                                
      accounted for using the operating method
                     -101,299,000 -106,490,000 -10,539,000 -14,683,000 -64,197,000 -126,980,000 -266,583,000 -112,130,000 -90,049,000 -150,083,000 -174,986,000 -72,433,000 -300,905,000 -98,058,000 -152,030,000 -358,996,000 -126,577,000 -243,206,000 -133,293,000 -151,319,000 -338,981,000 -96,528,000 -89,862,000 -84,540,000 -433,799,000 -51,431,000 -126,920,000 -96,178,000 -191,745,000 -322,859,000 -54,161,000 -57,512,000 -124,403,000 -83,522,000 -16,512,000 -6,491,000 -9,255,000 -9,601,000 -11,231,000 -14,346,000 -34,214,000      -333,423,000 -61,040,000            
      increase in receivables
                      -273,000                                          -3,385,000                
      decrease in real estate leased to others using the direct financing method
                       61,000 22,000 61,000 170,000 166,000 172,000 193,000 234,000 228,000 218,000 212,000 231,000 362,000 352,000 340,000 269,000 342,000 334,000 347,000 338,000 328,000 420,000 410,000 400,000 415,000 405,000 402,000 389,000 389,000 413,000 400,000 391,000 381,000 372,000 360,000 350,000 339,000 329,000 305,000 296,000 280,000 314,000 377,000 471,000 642,000 640,000 702,000 762,000 742,000 776,000 739,000 746,000 725,000 705,000 454,000 506,000 541,000 
      increase in accrued rental income
                       -2,419,000 -30,984,000 -61,000 -542,000 -413,000 -747,000 59,000 68,000 -998,000  -229,000 -675,000  85,000 -242,000  187,000 -205,000   -549,000   -727,000           -666,000 -594,000   -69,000 177,000 -528,000 -558,000  -85,000 -345,000 -563,000   -3,360,000 -746,000   -574,000 -400,000   -740,000 
      decrease in other comprehensive income
                       -642,000 -638,000 7,234,000                                                       
      mortgage receivable issued in connection with real estate transactions
                                                                               
      mortgage receivable accepted in connection with real estate transactions
                         3,000,000 3,100,000          500,000            450,000 5,500,000                        
      principal payments on mortgages and notes receivable
                                   345,000 28,000 95,000 199,000 580,000 296,000 10,225,000 2,719,000 214,000 11,065,000 1,821,000 1,339,000 7,583,000 2,522,000 563,000                               
      increase in other comprehensive income
                          7,491,000 3,595,000 892,000 -3,523,000                                                   
      decrease in accrued interest payable
                                                                                
      impairment losses – real estate and other charges, net of recoveries
                             3,635,000 3,835,000 2,248,000 78,000 -39,000 1,206,000 4,918,000                                             
      payment of debt costs
                             -5,394,000 -74,000 -38,000 -3,065,000 -80,000 -92,000     121,000   -82,000      -2,544,000           -590,000 -37,000 -5,000 -5,181,000 -303,000 -2,125,000 -3,000 -22,000 -3,850,000 1,000 -15,000       -36,000 
      redemption of series d preferred stock
                                -287,500,000                                              
      payment of series d preferred stock dividends
                                -3,598,000 -4,762,000 -4,761,000 -4,762,000 -4,762,000 -4,761,000 -4,762,000 -4,762,000 -4,761,000 -4,762,000 -4,762,000 -4,761,000 -4,762,000 -4,762,000                                 
      taxes received
                                -3,000                                              
      amortization of deferred interest rate hedges
                               525,000 491,000 456,000 447,000 720,000 707,000 695,000 424,000 418,000 414,000 385,000 216,000 135,000 128,000 118,000 60,000 57,000 58,000 56,000 38,000 -42,000 -43,000 -42,000 -42,000 -40,000 -42,000 -40,000 -40,000 -39,000 -40,000 -38,000 -39,000 -39,000 -46,000 -44,000               
      earnings including noncontrolling interests
                                61,129,000 58,409,000 73,648,000 50,772,000 51,933,000 70,676,000 55,256,000 46,191,000 54,038,000 47,972,000 45,583,000 43,841,000 44,342,000 37,606,000 33,903,000 37,991,000 33,475,000 29,824,000 22,608,000 21,270,000 20,853,000 14,210,000 21,195,000 21,650,000 16,298,000 -20,300,000 22,796,000                      
      adjustments to reconcile earnings including noncontrolling interests to net cash from operating activities:
                                                                                
      impairment – commercial mortgage residual interests valuation
                                   5,978,000 632,000 220,000 53,000   21,000 77,000 158,000      267,000 129,000 147,000 165,000 3,683,000                        
      change in operating assets and liabilities, net of assets acquired and liabilities assumed in business combinations:
                                                                                
      increase in mortgages, notes and accrued interest receivable
                                                     -203,000 -225,000 114,000 -153,000 355,000 -196,000 122,000 -291,000  -205,000 194,000 -479,000            -333,000    
      decrease in mortgages, notes and accrued interest receivable
                                   1,000           286,000   50,000                   -172,000    -381,000        
      transfers from (to) restricted cash and cash held in escrow
                                                                                
      net decrease in cash and cash equivalents
                                   3,545,000 -5,832,000 -5,456,000                      -285,000 -768,000                    
      cash and cash equivalents at beginning of period
                                   13,659,000 10,604,000          2,048,000  15,225,000  2,626,000  27,499,000  1,675,000  8,234,000  1,947,000 2,190,000 
      cash and cash equivalents at end of period
                                   3,545,000 -5,832,000 8,203,000 167,000 -2,008,000 4,456,000          16,090,000 1,031,000 2,557,000  -47,823,000 20,589,000 31,243,000  21,678,000 -285,000 1,858,000  -2,359,000 -6,965,000 11,838,000  23,927,000 -54,045,000 56,561,000  4,529,000 -15,640,000 20,322,000  2,510,000 6,197,000 3,149,000 1,245,000 -3,355,000 11,454,000 
      taxes paid
                                      28,000 80,000 116,000 41,000 74,000 27,000 95,000 98,000 19,000 47,000 63,000 15,000 -54,000 54,000 -541,000 42,000 125,000 217,000 88,000  79,000 132,000 74,000 795,000 543,000 1,179,000 924,000     321,000 1,401,000 232,000 -817,000        
      issued 281,870 and 279,712 shares of restricted and unrestricted common stock in 2016 and 2015, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      transfers from restricted cash and cash held in escrow
                                                                                
      issued 278,671 and 274,693 shares of restricted and unrestricted common stock in 2016 and 2015, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      impairment losses, net of recoveries
                                     572,000                                           
      decrease (increase) in mortgages, notes and accrued interest receivable
                                     -24,000  12,000 59,000  -94,000 -137,000         209,000             348,000 -344,000        -242,000      
      transfers to restricted cash and cash held in escrow
                                     -42,535,000                                           
      issued 274,512 and 270,735 shares of restricted and unrestricted common stock in 2016 and 2015, respectively, pursuant to nnn’s performance incentive plan
                                     10,820,000                                           
      interest rate hedge payment
                                                                               
      increase in mortgages and notes receivable
                                         -2,115,000 -1,886,000 -3,245,000 -2,026,000 -321,000 -739,000 -907,000 -3,926,000 -3,935,000 -1,616,000 -2,845,000 -1,245,000 -62,000 -140,000   -250,000 -709,000 -409,000 -7,173,000 -22,352,000 -2,182,000 -27,539,000 -10,946,000 -4,221,000 -7,360,000 -1,394,000 -2,871,000 -6,746,000 -1,710,000 -9,835,000 -5,565,000 -628,000    
      net increase in cash and cash equivalents
                                      167,000 -2,008,000 -6,148,000 -80,454,000 79,432,000 4,441,000 -230,386,000 233,474,000 1,366,000 138,539,000 -126,000 951,000 16,090,000 1,031,000 509,000 -1,961,000 -47,823,000 20,589,000 16,018,000 -8,026,000    112,000 -2,359,000 -6,965,000 -15,661,000 1,056,000 23,927,000 -54,045,000 54,886,000 -7,536,000 4,529,000 -15,640,000 12,088,000 -3,622,000 2,510,000 6,197,000 1,202,000 1,245,000 -3,355,000 9,264,000 
      issued 279,712 and 382,645 shares of restricted and unrestricted common stock in 2015 and 2014, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 11,658 and 12,166 shares of common stock in 2015 and 2014, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      mortgages payable assumed in connection with real estate transactions
                                                     5,432,000                        
      note receivable accepted in connection with real estate transactions
                                         70,000                        170,000            
      impairment losses
                                                                                
      decrease (increase) in other
                                                                                
      issued 274,693 and 378,965 shares of restricted and unrestricted common stock in 2015 and 2014, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 7,243 and 8,229 shares of common stock in 2015 and 2014, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      impairment charges
                                        1,028,000 77,000 89,000 459,000                                     
      issued 267,133 and 371,134 shares of restricted and unrestricted common stock in 2015 and 2014, respectively, pursuant to nnn’s performance incentive plan
                                        8,285,000                                        
      issued 3,602 and 3,985 shares of common stock in 2015 and 2014, respectively, to directors pursuant to nnn’s performance incentive plan
                                        154,000                                        
      issued 3,435 and 4,162 shares of common stock in 2015 and 2014, respectively, pursuant to nnn’s deferred director fee plan
                                        66,000                                        
      additions to held for sale real estate
                                            -1,029,000 -469,000 -87,000 -4,385,000                               
      repayment of notes payable – convertible
                                                                                
      proceeds from issuance of series e preferred stock
                                                                               
      issued 371,134 and 298,896 shares of restricted and unrestricted common stock in 2014 and 2013, respectively, pursuant to nnn’s performance incentive plan
                                         10,345,000                                     
      issued 11,511 and 12,186 shares of common stock in 2014 and 2013, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 12,166 and 9,044 shares of common stock in 2014 and 2013, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 241 shares of restricted common stock in 2013
                                                                                
      cash and cash equivalents at beginning of year
                                          1,485,000 2,076,000 2,082,000                               
      cash and cash equivalents at end of year
                                          79,432,000 5,926,000 -230,386,000 233,474,000 3,442,000 138,539,000 -126,000 3,033,000                               
      issued 7,831 and 7,774 shares of common stock in 2014 and 2013, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 8,229 and 5,873 shares of common stock in 2014 and 2013, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      payment of lease costs
                                           -1,084,000 -234,000 -480,000 -255,000 -429,000 -539,000 -615,000 -190,000 -534,000 -138,000 -359,000 -279,000 -417,000 -269,000 -176,000 84,000 -334,000 -25,000 -353,000 -28,000 -318,000 -223,000 -1,539,000 -226,000 -400,000 -747,000 -1,145,000 -499,000 -723,000 -423,000 -654,000 -270,000 -83,000 -246,000    
      issued 3,985 and 4,292 shares of common stock in 2014 and 2013, respectively, to directors pursuant to nnn’s performance incentive plan
                                           132,000                                     
      issued 4,162 and 3,227 shares of common stock in 2014 and 2013, respectively, pursuant to nnn’s deferred director fee plan
                                           66,000                                     
      impairment losses and other charges, net of recoveries
                                            -1,000                                    
      equity in earnings of unconsolidated affiliate
                                               -3,769,000 -155,000 -150,000 -108,000 -104,000 -109,000  -106,000 -109,000 -105,000  -105,000 -107,000 -103,000  -100,000 -101,000 -79,000                
      distributions received from unconsolidated affiliate
                                               6,657,000 175,000 187,000 146,000 137,000 149,000  156,000 143,000 143,000  156,000 168,000 157,000  154,000 200,000 30,000                
      gain on note receivable and property foreclosure
                                               -170,000 -28,000                               
      increase in commercial mortgage residual interests
                                                    -556,000    -15,000 853,000                       
      increase in current tax liability
                                            682,000 697,000 -799,000 -7,447,000 137,000 118,000    -74,000 -132,000 18,000 19,000 331,000 56,000 -2,000 47,000    1,031,000   -576,000 -144,000 -43,000 -1,238,000 434,000 1,805,000        
      cash received from commercial mortgage residual interests
                                                            499,000 -34,000 528,000 778,000 2,319,000                
      return of investment from unconsolidated affiliate
                                                                                
      payment of interest rate hedge
                                                                             
      proceeds from issuance of series d preferred stock
                                                                                
      redemption of series c preferred stock
                                                                                
      payment of series c preferred stock dividends
                                               -1,979,000 -1,697,000 -1,696,000 -1,696,000 -1,696,000 -1,697,000 -1,696,000 -1,696,000 -1,696,000 -1,697,000 -1,696,000 -1,696,000 -1,696,000 -1,697,000 -1,696,000 -1,696,000                
      issued 298,896 and 396,577 shares of restricted and unrestricted common stock in 2013 and 2012, respectively, pursuant to nnn’s performance incentive plan
                                            314,000 7,904,000                                  
      issued 12,186 and 12,373 shares of common stock in 2013 and 2012, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 9,044 and 14,836 shares of common stock in 2013 and 2012, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 241 and of 4,712 shares of restricted common stock in 2013 and 2012, respectively
                                                                                
      real estate acquired in connection with mortgage receivable foreclosure
                                               490,000    1,900,000                          
      real estate received in note receivable foreclosure
                                                                               
      repayment of notes payable - convertible
                                             -91,000 -20,565,000                                  
      issued 7,774 and 8,389 shares of common stock in 2013 and 2012, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 5,873 and 10,247 shares of common stock in 2013 and 2012, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 241 and of 4,178 shares of restricted common stock in 2013 and 2012, respectively
                                                                                
      impairment losses and other charges
                                              2,851,000 8,663,000 345,000 35,000                               
      increase in work in process
                                              -340,000 -336,000 -459,000 -430,000 -281,000 -253,000 -322,000  -175,000 -172,000 -152,000         -1,319,000 -1,350,000 -937,000 -611,000 -969,000   381,000        
      decrease in commercial mortgage residual interests
                                              246,000                                  
      proceeds from issuance of preferred stock
                                               287,500,000                               
      redemption of preferred stock
                                               -92,000,000                               
      issued 4,292 and 4,122 shares of common stock in 2013 and 2012, respectively, to directors pursuant to nnn’s performance incentive plan
                                              137,000                                  
      issued 3,227 and 5,317 shares of common stock in 2013 and 2012, respectively, pursuant to nnn’s deferred director fee plan
                                              38,000                                  
      gain on disposition of real estate portfolio
                                               -1,694,000 -2,438,000 -314,000                               
      proceeds from disposition of held for sale real estate
                                                                                
      decrease (increase) in commercial mortgage residual interests
                                               -113,000 116,000 283,000 -77,000   -296,000 528,000                          
      proceeds from the disposition of real estate, investment portfolio
                                               20,347,000 6,831,000 5,193,000 7,331,000 34,000 773,000 3,209,000 1,399,000 4,285,000 1,419,000 6,039,000 4,425,000 4,124,000 3,324,000 19,724,000 26,643,000 10,336,000 24,885,000 50,558,000 53,520,000 7,332,000 52,719,000 20,319,000 132,876,000 16,864,000 3,115,000 3,647,000 381,000 31,839,000    
      accounted for using the direct financing method
                                                  -1,747,000                            
      noncontrolling interest contributions
                                                  41,000 15,000 17,000   152,000                    
      issued 396,577 and 141,351 shares of restricted and unrestricted common stock in 2012 and 2011, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 12,373 and 6,975 shares of common stock in 2012 and 2011, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 14,836 and 19,962 shares of common stock in 2012 and 2011, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 4,712 and of 5,215 shares of restricted common stock in 2012 and 2011, respectively
                                                                                
      mortgage payable assumed in connection with real estate transaction
                                                                               
      issued 396,577 and 139,351 shares of restricted and unrestricted common stock in 2012 and 2011, respectively, pursuant to nnn’s performance incentive plan
                                                8,576,000                               
      issued 8,389 and 4,623 shares of common stock in 2012 and 2011, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 10,247 and 13,879 shares of common stock in 2012 and 2011, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 4,178 and of 4,494 shares of restricted common stock in 2012 and 2011, respectively
                                                                                
      issued 4,122 and 2,391 shares of common stock in 2012 and 2011, respectively, to directors pursuant to nnn’s performance incentive plan
                                                 112,000                               
      issued 5,317 and 7,115 shares of common stock in 2012 and 2011, respectively, pursuant to nnn’s deferred director fee plan
                                                 74,000                               
      stock option expense – tax effect
                                                      122,000                        
      impairment – real estate
                                                         33,450,000   1,563,000 3,930,000 153,000 14,000 1,507,000 274,000 94,000 95,000 273,000          
      gain on disposition of real estate, investment portfolio
                                                  -8,000 -30,000 -121,000 -636,000 -355,000 -22,000 -759,000 -1,000 -600,000 -1,032,000 -750,000 -2,644,000 2,563,000 -9,149,000 -9,752,000 -22,464,000 -22,646,000 -1,763,000 -22,764,000 -3,949,000 -59,501,000 -4,951,000 -104,000 89,000 -16,000 -9,785,000    
      gain on disposition of real estate, inventory portfolio
                                                  -102,000 -854,000 -87,000 -1,000 -36,000 -12,000 -546,000 -1,000 -2,807,000 -5,980,000 -3,877,000 -1,924,000 -3,647,000 -1,893,000 -4,669,000 -2,540,000 -508,000 -3,129,000 -7,604,000        
      income tax valuation allowance
                                                     2,856,000                          
      additions to real estate, inventory portfolio
                                                  -578,000 -120,000 -92,000 -81,000 -62,000 -327,000 -8,000 50,000 -495,000 87,000 -2,099,000 -873,000 -3,714,000 -10,167,000 -18,991,000 -121,632,000 -14,151,000 -14,636,000 -14,741,000 -68,172,000 -28,304,000 -61,158,000 -38,322,000 -73,253,000 -29,232,000 -15,858,000 -18,943,000    
      proceeds from disposition of real estate, inventory portfolio
                                                  1,058,000 42,042,000 775,000 597,000 321,000 493,000 4,865,000 597,000 51,675,000 24,958,000 51,555,000 12,065,000 51,918,000 38,681,000 57,509,000 42,382,000 11,708,000 22,406,000 24,828,000 26,840,000 32,056,000 5,545,000 14,624,000    
      decrease (increase) accrued rental income
                                                  -56,000 96,000 53,000    -270,000                        
      increase in tax liability
                                                  168,000 225,000 569,000                            
      additions to real estate, investment portfolio:
                                                                                
      principal payments on mortgages and notes
                                                  2,831,000 645,000 1,462,000  4,668,000 9,067,000 291,000  2,084,000 449,000 542,000                    
      acquired additional interest in controlled subsidiary
                                                                                
      supplemental disclosure of non-cash investing and financing activities:
                                                                                
      issued 141,351 and 392,474 shares of restricted and unrestricted common stock in 2011 and 2010, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 6,975 and 7,912 shares of common stock in 2011 and 2010, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 19,962 and 18,605 shares of common stock in 2011 and 2010, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 5,215 shares of restricted stock in 2011
                                                                                
      issued 139,351 and 392,474 shares of restricted and unrestricted common stock in 2011 and 2010, respectively, pursuant to nnn’s performance incentive plan
                                                   3,407,000                            
      issued 4,623 and 5,372 shares of common stock in 2011 and 2010, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 13,879 and 12,528 shares of common stock in 2011 and 2010, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 4,494 shares of restricted stock in 2011
                                                                                
      gain on note receivable and property foreclosures
                                                      -51,000 -16,000                        
      issued 2,391 and 2,949 shares of common stock in 2011 and 2010, respectively, to directors pursuant to nnn’s performance incentive plan
                                                    59,000                            
      issued 7,115 and 6,823 shares of common stock in 2011 and 2010, respectively, pursuant to nnn’s deferred director fee plan
                                                    122,000                            
      stock options expense – tax effect
                                                                                
      equity in earnings of unconsolidated affiliates
                                                                     -3,000 76,000 -228,000 33,000        
      distributions received from unconsolidated affiliates
                                                                     -13,000 126,000 677,000 74,000 199,000 819,000 2,275,000    
      gain on extinguishment of debt
                                                         -1,014,000 -2,418,000                    
      deferred income taxes
                                                        -89,000 -14,630,000 -1,093,000 -539,000 -387,000 -1,460,000 -1,636,000 -910,000 -1,587,000 -1,910,000 -639,000 -895,000 -1,146,000 -1,590,000 -2,306,000 -2,510,000 -1,960,000 -1,587,000 -465,000 -280,000 -606,000    
      decrease (increase) in work in process
                                                         521,000 -116,000 -688,000 -503,000 -652,000 -704,000 -207,000 1,610,000                
      investment in unconsolidated affiliate
                                                              -68,000 -778,000                
      proceeds from notes payable – convertible
                                                                             
      repurchase of notes payable – convertible – debt component
                                                                              
      repurchase of notes payable – convertible – equity component
                                                         1,000                      
      repayment of notes payable – secured
                                                                                
      issued 392,474, 262,546 and 225,517 shares of restricted and unrestricted common stock in 2010, 2009 and 2008, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 10,092, 6,594 and 12,766 shares of common stock in 2010, 2009 and 2008, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 25,066, 41,604 and 26,879 shares of common stock in 2010, 2009 and 2008, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 2,520 shares of restricted common stock in 2008
                                                                                
      transfer of real estate from inventory portfolio to investment portfolio
                                                                                
      note and mortgage receivable accepted in connection with real estate transactions
                                                             3,997,000 20,248,000                
      assets received in note receivable foreclosure
                                                                               
      note receivable foreclosures
                                                                                
      deferred income tax expense
                                                      96,000                          
      increase accrued rental income
                                                      -120,000                          
      decrease (increase) in other liabilities
                                                                    -2,788,000            
      issued 392,474 and 262,546 shares of restricted and unrestricted common stock in 2010 and 2009, respectively, pursuant to nnn’s performance incentive plan
                                                      -902,000 8,392,000                        
      issued 7,912 and 5,108 shares of common stock in 2010 and 2009, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 18,605 and 31,756 shares of common stock in 2010 and 2009, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      note receivable foreclosure
                                                                                
      issued 5,372 and 3,601 shares of common stock in 2010 and 2009, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 12,528 and 22,143 shares of common stock in 2010 and 2009, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      stock compensation expense
                                                        1,113,000 1,020,000 1,016,000 1,017,000 1,119,000 694,000 735,000 674,000 485,000 531,000 538,000 532,000 490,000 436,000 437,000 1,890,000 407,000 954,000 285,000 441,000 291,000    
      issued 2,949 and 1,943 shares of common stock in 2010 and 2009, respectively, to directors pursuant to nnn’s performance incentive plan
                                                        59,000                        
      issued 6,823 and 11,785 shares of common stock in 2010 and 2009, respectively, pursuant to nnn’s deferred director fee plan
                                                        93,000                        
      loss on note receivable foreclosure
                                                                                
      restricted cash
                                                                 39,159,000 -1,452,000 -1,652,000 532,000 393,000 -3,021,000 -3,410,000 -358,000 13,736,000 -2,749,000      
      repayment of financing lease obligation
                                                                                
      redemption of 1,781,589 shares of series a preferred stock
                                                                 -44,540,000            
      gain on note receivable foreclosure
                                                                               
      repayment of note payable – secured
                                                                               
      issued 262,546 and 225,517 shares of restricted and unrestricted common stock in 2009 and 2008, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 5,108 and 9,316 shares of common stock in 2009 and 2008, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 31,756 and 15,829 shares of common stock in 2009 and 2008, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 2,520 shares of restricted stock in 2008
                                                                                
      real estate acquired in connection with note receivable foreclosure
                                                                                
      transfer of two real estate properties from inventory portfolio to investment portfolio
                                                                                
      transfer of capital lease to operating lease
                                                                                
      increase in mortgage residual interests
                                                                                
      issued 262,546 and 225,467 shares of restricted and unrestricted common stock in 2009 and 2008, respectively, pursuant to nnn’s performance incentive plan
                                                           4,290,000                    
      issued 3,601 and 6,500 shares of common stock in 2009 and 2008, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 22,143 and 8,973 shares of common stock in 2009 and 2008, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      real estate acquired in connection with foreclosure
                                                                              
      noncontrolling interests
                                                            -30,000                    
      issued 1,943 and 4,500 shares of common stock in 2009 and 2008, respectively, to directors pursuant to nnn’s performance incentive plan
                                                            29,000                    
      issued 11,785 and 4,032 shares of common stock in 2009 and 2008, respectively, pursuant to nnn’s deferred director fee plan
                                                            152,000                    
      minority interests
                                                             183,000 125,000 -155,000 2,665,000 165,000 734,000 275,000 -31,000 76,000 -1,569,000 839,000 3,276,000 -5,727,000 1,607,000 -1,272,000 -462,000    
      gain on disposition of equity investment
                                                                                
      proceeds from the disposition of equity investment
                                                                                
      investment in unconsolidated affiliates
                                                                 409,000               
      payment of series a preferred stock dividends
                                                                     -1,370,000 -1,002,000 -1,002,000 -1,002,000 -1,002,000 -1,002,000 -1,002,000 -1,002,000    
      payment of series b convertible preferred stock dividends
                                                                     -419,000 -419,000 -418,000 -419,000 -419,000    
      minority interest distributions
                                                             -68,000 -304,000 -3,834,000 -1,277,000 -10,000    -2,225,000 -281,000 -264,000 -3,047,000        
      minority interest contributions
                                                             28,000 13,000 25,000 90,000   1,000          
      net cash provided (used in) by financing activities
                                                                                
      issued 225,517, 211,118 and 79,500 shares of restricted and unrestricted common stock in 2008, 2007 and 2006, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      converted 10,000 shares of series b convertible preferred stock to 1,293,996 shares of common stock in 2006
                                                                                
      issued 12,766, 7,750 and 14,062 shares of common stock in 2008, 2007 and 2006, respectively to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 26,879, 16,346 and 33,379 shares of common stock in 2008, 2007 and 2006, respectively pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 2,520 and 8,600 shares of restricted common stock in 2008 and 2007, respectively
                                                                               
      dividends on unvested restricted stock shares
                                                                                
      note and mortgage notes receivable accepted in connection with real estate transactions
                                                                                
      assignment of mortgage payable in connection with the disposition of real estate
                                                                                
      interest rate hedge
                                                                                
      impairment – commercial mortgage residual interests valuation adjustment
                                                              758,000                
      decrease in current tax liability
                                                              -442,000                  
      mortgage and notes payments received
                                                              23,673,000 32,256,000 2,350,000     1,476,000 2,648,000 28,826,000 6,125,000 2,462,000 5,094,000 4,937,000 4,353,000    
      issued 225,517 and 211,118 shares of restricted and unrestricted common stock in 2008 and 2007, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 9,316 and 5,750 shares of common stock in 2008 and 2007, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 15,829 and 12,438 shares of common stock in 2008 and 2007, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      additions to real estate, investment portfolio: accounted for using the operating method
                                                               -91,235,000 -165,538,000                
      issued 225,467 and 211,118 shares of restricted and unrestricted common stock in 2008 and 2007, respectively, pursuant to nnn’s performance incentive plan
                                                               3,795,000                
      issued 6,500 and 3,750 shares of common stock in 2008 and 2007, respectively to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 8,973 and 8,616 shares of common stock in 2008 and 2007, respectively pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 7,800 shares of restricted common stock in 2007
                                                                                
      proceeds from notes payable - convertible
                                                                234,035,000                
      repayment of note payable - secured
                                                                -12,000,000                
      issued 4,500 and 1,874 shares of common stock in 2008 and 2007, respectively to directors pursuant to nnn’s performance incentive plan
                                                                97,000                
      issued 4,032 and 4,282 shares of common stock in 2008 and 2007, respectively pursuant to nnn’s deferred director fee plan
                                                                72,000                
      surrender of 7,100 shares of restricted common stock in 2007
                                                                    147,000            
      extraordinary gain
                                                                                
      business combination, net of cash acquired
                                                                                
      acquisition of 1.3 percent interest in services
                                                                              
      issued 206,718, 79,500 and 223,468 shares of restricted and unrestricted common stock in 2007, 2006 and 2005, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      issued 7,750 and 14,062 shares of common stock in 2007 and 2006, respectively to directors pursuant to nnn’s performance incentive plan
                                                                                
      issued 16,346 and 33,379 shares of common stock in 2007 and 2006, respectively pursuant to nnn’s deferred director fee plan
                                                                                
      surrender of 8,600 and 30,135 shares of restricted common stock in 2007 and 2005, respectively
                                                                                
      issued 1,636,532 shares of common stock in connection with the acquisition of national properties corporation (“nape”) in 2005
                                                                                
      accretion income on mortgage residual interests
                                                                  -1,126,000 -1,144,000 -1,244,000            
      impairment – mortgage residual interests valuation adjustment
                                                                               
      decrease (increase) in current tax liability
                                                                                
      additions to real estate, investment portfolio, accounted for using the operating method
                                                                      -116,527,000 -99,210,000 -35,649,000  -46,190,000 -20,110,000 -45,828,000    
      investment in direct financing leases
                                                                                
      mortgage and note payments received
                                                                  5,465,000 1,495,000 2,846,000            
      cash received from mortgage residual interests
                                                                  2,153,000 3,489,000 3,333,000            
      repayment of notes payable - secured
                                                                               
      payment of series c redeemable preferred stock dividends
                                                                  -1,697,000 -1,696,000 -1,696,000            
      issued 206,718 and 79,500 shares of restricted and unrestricted common stock in 2007 and 2006, respectively, pursuant to nnn’s performance incentive plan
                                                                                
      converted 10,000 shares of series b convertible preferred stock to 1,293,996 shares of common stock
                                                                              
      issued 12,438 and 30,979 shares of common stock in 2007 and 2006, respectively, pursuant to nnn’s deferred director fee plan
                                                                                
      issued 5,750 and 10,318 shares of common stock in 2007 and 2006, respectively, to directors pursuant to nnn’s performance incentive plan
                                                                                
      surrender of 8,600 shares of restricted common stock in 2007
                                                                                
      note and mortgages receivable accepted in connection with real estate transactions
                                                                                
      disposition of real estate held for sale and transfer of related mortgage payable
                                                                                
      transfer of six real estate properties from inventory portfolio to investment portfolio
                                                                                
      amortization of deferred interest rate hedge gains
                                                                   -90,000 -90,000 -87,000 -88,000 -84,000 -86,000        
      issued 206,718 and 79,500 shares of restricted and unrestricted common stock in 2007 and 2006, respectively, pursuant to the company’s performance incentive plan
                                                                                
      issued 8,616 and 28,589 shares of common stock in 2007 and 2006, respectively, pursuant to the company’s deferred director fee plan
                                                                                
      issued 3,750 and 6,566 shares of common stock in 2007 and 2006, respectively, to directors pursuant to the company’s performance incentive plan
                                                                                
      issued 206,718 shares of restricted and unrestricted common stock in 2007 pursuant to the company’s 2000 performance incentive plan
                                                                    4,214,000            
      issued 4,282 and 26,175 shares of common stock in 2007 and 2006, respectively, pursuant to the company’s deferred director fee plan
                                                                    91,000            
      transition costs
                                                                                
      decrease in mortgage residual interests
                                                                     2,375,000 3,613,000 4,943,000 5,954,000 3,211,000 5,214,000      
      increase in mortgages and other receivables from unconsolidated affiliates
                                                                                
      payments received on mortgages and other receivables from unconsolidated affiliates
                                                                                
      proceeds from mortgages payable
                                                                                
      proceeds from forward starting interest rate swap
                                                                                
      proceeds from financing lease obligation
                                                                                
      issued 79,500, 223,468 and 205,579 shares of restricted and unrestricted common stock in 2006, 2005 and 2004, respectively, pursuant to the company’s 2000 performance incentive plan, including grants in connection with transition costs
                                                                                
      issued 14,062 shares of common stock in 2006 to directors pursuant to the company’s 2000 performance incentive plan
                                                                                
      issued 33,379 shares of common stock in 2006 pursuant to the company’s deferred director fee plan
                                                                                
      surrender of 30,135 and 29,926 shares of restricted common stock in 2005 and 2004, respectively
                                                                                
      dividends or unvested restricted stock shares
                                                                                
      acquisition of real estate held for investment and assumption of related mortgage payable
                                                                                
      issued 953,551 shares of common stock in exchange for a partnership interest
                                                                                
      issued 1,636,532 shares of common stock in connection with the acquisition of national properties corporation
                                                                         -1,000      
      extraordinary gain, net of income tax expense
                                                                                
      business combinations, net of cash acquired
                                                                               
      issued 79,500 and 103,400 shares of restricted common stock in 2006 and 2005, respectively, pursuant to the company’s 2000 performance incentive plan
                                                                                
      issued 30,979 shares of common stock in 2006 pursuant to the company’s deferred director fee plan
                                                                                
      issued 10,318 shares of common stock in 2006 to directors pursuant to the company’s 2000 performance incentive plan
                                                                                
      note and mortgage notes accepted in connection with real estate transactions
                                                                            1,015,000    
      mortgage note received in connection with real estate disposition
                                                                          400,000      
      disposition of real estate and transfer of related mortgage payable
                                                                          406,000    
      surrender 28,535 shares of restricted common stock in 2005
                                                                                
      impairment – mortgage residual interests
                                                                       842,000 1,820,000        
      issued 79,500 and 102,900 shares of restricted common stock in 2006 and 2005, respectively, pursuant to the company’s 2000 performance incentive plan
                                                                                
      issued 28,589 shares of common stock in 2006 pursuant to the company’s deferred director fee plan
                                                                                
      issued 6,566 shares of common stock in 2006 to directors pursuant to the company’s 2000 performance incentive plan
                                                                                
      surrender 5,850 shares of restricted common stock in 2005
                                                                                
      issued 92,900 shares of restricted common stock in 2005 pursuant to the company’s 2000 performance incentive plan
                                                                            1,753,000    
      issued 26,175 shares of restricted common stock in 2006 pursuant to the company’s deferred director fee plan
                                                                        46,000        
      surrender 5,850 shares of restricted common stock
                                                                                
      impairment—real estate
                                                                                
      impairment—mortgage residual interests
                                                                                
      equity in earnings of unconsolidated affiliates, net of deferred intercompany profits
                                                                         82,000 -1,481,000 1,344,000 -1,154,000 429,000 1,046,000 1,502,000 
      consideration due to the dissenting shareholders in connection with the merger of captec net lease realty, inc. (“captec”) in december 2001
                                                                                
      proceeds from issuance of series b convertible preferred stock
                                                                                
      supplemental disclosure of cash flow information—interest paid, net of amount capitalized
                                                                                
      issued 223,468, 205,579 and 76,407 shares of restricted and unrestricted common stock in 2005, 2004 and 2003, respectively, pursuant to the company’s 2000 performance incentive plan, including grants in connection with transition costs
                                                                                
      common and preferred stock dividends for non-dissenting, unexchanged shares held by the company in connection with the merger of captec
                                                                                
      cash consideration for non-dissenting, unexchanged shares held by the company in connection with the merger of captec
                                                                                
      surrender of 30,135 shares of restricted common stock
                                                                                
      adjustment to reconcile net earnings to net cash from operating activities:
                                                                                
      impairments
                                                                          422,000      
      amortization of deferred interest rate hedge gain
                                                                          -163,000 -80,000   -126,000 
      extraordinary gain, net of taxes
                                                                               
      gain on dispositions of real estate, inventory portfolio
                                                                          -11,580,000 -2,969,000 -2,531,000    
      increase in work in progress
                                                                                
      supplemental disclosure of cash flow information – interest paid, net of amount capitalized
                                                                          8,884,000 9,688,000 7,645,000    
      issued 103,400 and 185,211 shares of restricted common stock in 2005 and 2004, respectively, pursuant to the company’s 2000 performance incentive plan
                                                                                
      surrender of 28,535 shares of restricted common stock
                                                                                
      note and mortgage notes assumed in connection with real estate transactions
                                                                               
      issued 953,551 shares of common stock in 2004 in exchange for partnership interest
                                                                                
      decrease (increase) in work in progress
                                                                           708,000 111,000    
      issued 102,900 and 185,211 shares of restricted common stock in 2005 and 2004, respectively, pursuant to the company’s 2000 performance incentive plan
                                                                                
      surrender of 5,850 shares of restricted common stock
                                                                           93,000    
      common and preferred stock dividends for non-dissenting, unexchanged shares held by the company in connection with the merger of captec net lease realty, inc.
                                                                                
      issued 953,551 shares of common stock in exchange for partnership interest
                                                                                
      adjustment to reconcile net earnings to net cash from operating activities
                                                                                
      impairment
                                                                            1,990,000    
      acquisition of 1.3% interest in services
                                                                            -829,000    
      expenses incurred in acquiring advisor from related party
                                                                             1,462,000 357,000 334,000 
      decrease in leasehold interests
                                                                                
      decrease (increase) in mortgages and accrued interest receivable
                                                                               180,000 
      decrease in accounts payable and accrued expenses
                                                                                
      contribution to unconsolidated affiliate
                                                                                
      increase in mortgages receivable
                                                                                
      mortgage payments received
                                                                             2,364,000 62,000 780,000 
      increase in mortgages and other receivable from unconsolidated affiliates
                                                                               -21,209,000 
      payments received from unconsolidated affiliates
                                                                             13,975,000 10,949,000 6,221,000 
      payment of dividends
                                                                               -9,594,000 
      nine months ended september 30,
                                                                                
      supplemental schedule of non-cash investing and financing activities:
                                                                                
      issued 174,793 and 105,399 shares of common stock in 2001 and 2000, respectively, in connection with the acquisition of the company's advisor
                                                                                
      issued 239,000 shares of common stock in 2001 in connection with the company's 2000 performance incentive plan
                                                                                
      mortgage note accepted in connection with the sale of real estate
                                                                                
      increase in accounts payable and accrued expenses
                                                                              679,000 86,000 
      six months ended june 30,
                                                                                
      issued 63,282 and 77,470 shares of common stock in 2001 and 2000, respectively, in connection with the acquisition of the company's advisor
                                                                                
      quarter ended march 31,
                                                                                
      issued 32,542 and 50,711 shares of common stock in 2001 and 2000, respectively, in connection with the acquisition of the company's advisor
                                                                               334,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.