National Retail Properties Quarterly Cash Flow Statements Chart
Quarterly
|
Annual
National Retail Properties Quarterly Cash Flow Statements Table
Quarterly
|
Annual
Unit: USD | 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 | 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 | 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 | 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 | 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 | 1,478,000 | 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 | 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 | 0 | 0 | 0 | -13,141,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate | -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 | 3,055,000 | 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 | 0 | -1,702,000 | 0 | 0 | 0 | -1,274,000 | 0 | 0 | 0 | -916,000 | 0 | 0 | 0 | -103,000 | 0 | 0 | 0 | -721,000 | 0 | 0 | -846,000 | 0 | 0 | -775,000 | 0 | 0 | -432,000 | 0 | 0 | -862,000 | 0 | 0 | -581,000 | 0 | 0 | -676,000 | 0 | 0 | -2,808,000 | 0 | 0 | -2,139,000 | |||||||||||||||||||||||||||||||||
change in operating assets and liabilities, net of assets acquired and liabilities assumed: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | 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 | 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 | 545,000 | 221,000 | 852,000 | -109,000 | 668,000 | -13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued interest payable | -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 | 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 | 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 | 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 | -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 | 0 | 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 | -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 | 0 | 0 | 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 | 0 | 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 | -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 | 0 | 0 | -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 | 0 | -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 | 0 | 0 | 0 | 0 | 439,578,000 | 0 | 441,594,000 | 0 | 0 | 692,646,000 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable | 0 | 0 | 0 | 0 | 0 | -350,000,000 | 0 | 0 | -325,000,000 | 0 | 0 | 0 | -13,533,000 | 0 | 0 | 0 | -100,000,000 | -1,750,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | -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 | 0 | -75,000 | -40,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 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 | -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 | 0 | -72,000 | -28,000 | -4,000 | -4,809,000 | 0 | -789,000 | -5,517,000 | -100,000 | -2,000 | -129,000 | 28,000 | -2,000 | 0 | ||||||||||||||||
payment of common stock dividends | -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 | 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 | -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 | 0 | 9,062,000 | 0 | 0 | 5,155,000 | 0 | 0 | 6,778,000 | 0 | 0 | 171,322,000 | 0 | 0 | 267,236,000 | 0 | 0 | 1,112,000 | 0 | 0 | 114,267,000 | 0 | 0 | 1,364,000 | 0 | 0 | 294,540,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 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 | 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 | 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 | 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 | 0 | 0 | 0 | -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 | 0 | 0 | -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 | 0 | 0 | -228,000 | -64,000 | 0 | -24,000 | -1,208,000 | 0 | -12,000 | -33,000 | 0 | 0 | -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 | 0 | 0 | 0 | 6,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | 0 | 0 | 0 | 21,328,000 | 0 | 0 | 16,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for early extinguishment of debt | 0 | 0 | 0 | -21,328,000 | 0 | 0 | -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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 489,000 | 7,735,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in lease classification | 0 | 0 | 696,000 | 868,000 | 0 | 311,000 | 0 | 0 | 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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage receivable accepted in connection with real estate transactions | 3,000,000 | 0 | 0 | 3,100,000 | 0 | 0 | 500,000 | 0 | 0 | 0 | 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 | 0 | 0 | 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 | 0 | -3,850,000 | 1,000 | -15,000 | -36,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of series d preferred stock | 0 | 0 | -287,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of series d preferred stock dividends | 0 | 0 | -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 | 0 | 0 | -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 | 0 | 0 | 267,000 | 129,000 | 147,000 | 0 | 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 | 0 | 0 | 13,659,000 | 0 | 0 | 10,604,000 | 0 | 0 | 2,048,000 | 0 | 0 | 15,225,000 | 0 | 0 | 2,626,000 | 0 | 0 | 27,499,000 | 0 | 0 | 1,675,000 | 0 | 0 | 8,234,000 | 0 | 0 | 1,947,000 | 0 | 0 | 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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | -709,000 | -409,000 | 0 | -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 | 0 | 0 | 0 | 5,432,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable accepted in connection with real estate transactions | 0 | 0 | 70,000 | 0 | 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 | 0 | 0 | -1,029,000 | -469,000 | -87,000 | -4,385,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of notes payable – convertible | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of series e preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 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 | 0 | 1,485,000 | 0 | 0 | 2,076,000 | 0 | 0 | 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 | 0 | -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 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of series d preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of series c preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of series c preferred stock dividends | 0 | 0 | -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 | 0 | 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 | 0 | 0 | 490,000 | 1,900,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate received in note receivable foreclosure | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 287,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | 0 | 0 | -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 | 0 | 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 | 0 | 0 | -1,747,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest contributions | 0 | 0 | 41,000 | 15,000 | 17,000 | 0 | 0 | 0 | 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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 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 | 0 | 0 | 122,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment – real estate | 33,450,000 | 0 | 1,563,000 | 3,930,000 | 153,000 | 14,000 | 1,507,000 | 274,000 | 94,000 | 95,000 | 0 | 273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, investment portfolio | -8,000 | 0 | -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 | 0 | 0 | -102,000 | 0 | 0 | -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 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 1,058,000 | 0 | 0 | 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 | 0 | 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 | 0 | -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 | 0 | 199,000 | 819,000 | 2,275,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 0 | 0 | -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 | 0 | -68,000 | -778,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes payable – convertible | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of notes payable – convertible – debt component | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of notes payable – convertible – equity component | 1,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 3,997,000 | 20,248,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets received in note receivable foreclosure | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | -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 | 0 | 0 | 0 | -44,540,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on note receivable foreclosure | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of note payable – secured | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 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 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 0 | -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 | 0 | 0 | 28,000 | 13,000 | 25,000 | 90,000 | 0 | 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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 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 | 0 | 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 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary gain, net of income tax expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business combinations, net of cash acquired | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | 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 | 0 | -80,000 | -126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary gain, net of taxes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 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 |
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