7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 
      
    		                                                                         
      revenues:
    		                                                                         
      rental income
    		229,773,000 226,498,000 230,574,000 218,348,000 218,155,000 216,140,000 214,825,000 215,178,000 204,856,000 202,426,000 203,630,000 198,217,000 193,102,000 190,536,000 189,763,000 186,633,000 180,024,000 178,004,000 179,198,000 157,865,000 163,479,000 174,547,000 168,224,000 164,596,000                                                  
      interest and other income from real estate transactions
    		386,000 304,000 280,000 134,000 409,000 673,000 582,000 1,053,000 276,000 214,000 478,000 303,000 369,000 247,000 516,000 628,000 333,000 1,007,000 580,000 768,000 222,000 516,000 383,000 196,000 686,000 675,000 365,000 73,000 151,000 28,000 189,000 141,000 301,000 463,000 345,000 213,000 163,000 452,000 543,000 792,000 341,000 371,000 384,000 512,000 764,000 707,000 381,000 543,000 637,000 498,000 600,000 978,000 949,000 975,000 1,102,000 980,000 834,000 683,000 1,027,000 1,407,000 1,235,000 1,575,000 1,344,000 957,000 1,267,000 679,000 665,000 1,668,000 1,459,000    1,308,000 
      operating expenses:
    		                                                                         
      general and administrative
    		11,056,000 11,217,000 13,008,000 8,705,000 11,209,000 11,789,000 12,584,000 10,530,000 10,225,000 10,740,000 12,251,000 10,789,000 10,124,000 9,740,000 11,042,000 9,947,000 11,077,000 11,868,000 11,748,000 9,419,000 9,395,000 10,100,000 8,726,000 9,276,000 9,521,000 8,543,000 8,741,000 8,697,000 7,354,000 8,820,000 8,919,000 9,116,000 8,735,000 9,249,000 8,643,000 7,830,000 8,605,000 9,007,000 8,074,000 8,915,000 7,534,000 9,412,000 8,264,000 8,652,000 7,024,000 7,603,000 7,036,000 6,568,000 6,657,000 5,465,000 5,927,000 5,775,000 5,611,000 5,749,000 4,937,000 5,784,000 5,305,000 6,026,000 5,242,000 6,040,000 7,560,000 6,045,000 5,230,000 5,946,000 6,321,000 5,096,000 4,663,000 7,088,000 7,200,000 6,570,000 6,232,000 5,797,000 4,813,000 
      real estate
    		9,128,000 8,838,000 9,375,000 11,142,000 7,263,000 6,758,000 7,154,000 8,237,000 6,459,000 6,836,000 6,846,000 7,035,000 5,875,000 6,173,000 7,198,000 7,520,000 6,521,000 6,619,000 7,725,000 6,345,000 6,323,000 7,635,000 6,706,000 6,600,000 7,093,000 5,759,000 5,828,000 5,862,000 5,553,000 5,424,000 5,663,000 4,942,000 4,567,000 4,787,000 4,782,000 4,658,000 4,759,000 4,583,000 4,746,000 4,340,000 4,420,000 4,301,000 3,954,000 3,878,000 4,025,000 4,612,000 4,459,000 4,026,000 3,722,000 3,904,000 2,985,000 3,156,000 3,530,000 3,476,000 3,494,000 3,241,000 3,587,000 3,560,000 2,359,000 2,254,000 2,439,000 2,606,000 1,862,000 1,982,000 1,978,000 3,059,000 1,452,000 1,359,000 1,338,000 3,851,000 2,207,000 2,663,000 2,824,000 
      depreciation and amortization
    		67,252,000 68,349,000 64,617,000 63,194,000 63,369,000 62,503,000 60,615,000 60,079,000 59,523,000 59,875,000 59,148,000 57,322,000 56,388,000 57,444,000 52,680,000 53,389,000 50,976,000 50,875,000 49,980,000 49,404,000 48,936,000 49,188,000 48,348,000 46,241,000 46,180,000 42,479,000 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 29,768,000 28,007,000 28,012,000 25,856,000 22,552,000 23,755,000 17,465,000 19,032,000 18,117,000 14,947,000 13,871,000 13,525,000 12,666,000 11,897,000 11,961,000 11,855,000 12,395,000 11,350,000 12,146,000 11,819,000 12,361,000 11,559,000 10,894,000 10,157,000 9,902,000 8,216,000 7,729,000 6,927,000 6,651,000 5,788,000 5,358,000 5,351,000 6,448,000 6,473,000 4,817,000 4,546,000 
      leasing transaction costs
    		131,000 74,000 130,000 24,000 22,000 20,000 33,000 76,000 96,000 52,000 75,000 60,000 96,000 76,000 88,000 57,000 86,000 22,000 38,000   36,000 51,000 75,000 52,000                                                 
      impairment losses – real estate, net of recoveries
    		7,195,000 4,535,000 1,512,000 3,724,000 760,000 944,000 1,204,000 2,315,000 1,001,000 34,000 2,640,000 1,088,000 971,000 4,618,000 1,632,000 7,310,000 4,781,000 7,735,000 2,131,000 5,695,000 21,854,000 5,513,000 10,692,000 7,187,000 3,245,000                                                 
      retirement and severance costs
    		690,000 191,000                                                                        
      gain on disposition of real estate
    		12,570,000 16,198,000 3,813,000 12,083,000 7,765,000 17,621,000 4,821,000 7,263,000 19,992,000 13,930,000 6,300,000 6,787,000 5,889,000 775,000 3,992,000 5,159,000 9,473,000 4,181,000 4,281,000 148,000 719,000 12,770,000 2,061,000 13,002,000 10,445,000 14,348,000 4,106,000 38,596,000 3,185,000 3,055,000 14,624,000                                           
      earnings from operations
    		147,277,000 149,796,000 143,852,000 143,734,000 143,550,000 152,267,000 138,321,000 139,688,000 147,667,000 138,724,000 129,025,000 128,298,000 125,350,000 110,852,000 118,037,000 114,197,000 116,389,000 106,073,000 112,437,000 87,918,000 77,912,000 115,361,000 96,196,000 108,490,000 108,118,000 94,693,000 93,550,000 91,270,000 86,084,000 82,591,000 85,501,000 70,618,000 75,044,000 77,497,000 76,061,000 67,404,000 69,654,000 66,400,000 64,620,000 62,243,000 62,795,000 59,696,000 54,780,000 47,757,000 50,255,000 48,488,000 41,857,000 38,474,000 37,917,000 30,106,000 36,493,000 36,511,000 31,814,000 9,996,000 37,057,000 36,446,000 36,521,000 35,074,000 39,413,000 37,838,000 34,307,000 32,977,000 31,709,000 30,764,000 27,819,000 25,728,000 20,055,000 21,906,000 27,761,000 21,736,000 19,660,000 22,360,000 20,311,000 
      other incomes
    		                                                                         
      interest and other income
    		-2,940,000 -15,000 -329,000 -1,040,000 -845,000 -976,000 -119,000 -383,000 -644,000 -74,000 -33,000 -29,000 -33,000 -52,000 -35,000 -57,000 -61,000 -33,000 -65,000 -74,000 -106,000 -164,000 -501,000 -487,000 -1,924,000 -195,000 -37,000 -25,000 -64,000 -37,000 -137,000 -17,000 -72,000 -19,000 -20,000 -35,000 -11,000 -87,000 -94,000 -63,000 -722,000 -377,000 -334,000 -1,194,000 -361,000 -386,000 -457,000 -283,000 -342,000 -343,000 -332,000 -586,000 -252,000 -350,000 -262,000 -416,000 -347,000 -701,000 -818,000 -1,008,000 -1,221,000 -1,633,000 -793,000 -1,024,000 -1,303,000 -1,148,000 -836,000 -1,015,000 -846,000 -863,000 -415,000 -309,000 -467,000 
      interest expense
    		53,378,000 49,282,000 47,723,000 46,880,000 46,491,000 46,577,000 44,069,000 43,389,000 41,524,000 40,094,000 38,891,000 37,665,000 36,962,000 36,739,000 36,699,000 36,684,000 33,518,000 33,085,000 34,587,000 31,924,000 31,753,000 33,670,000 29,948,000 29,811,000 29,957,000 27,194,000 27,110,000 26,602,000 28,204,000 27,274,000 26,614,000 24,257,000 24,081,000 23,586,000 21,996,000 21,678,000 21,786,000 21,641,000 21,761,000 20,278,000 19,989,000 23,394,000 21,827,000 22,866,000 19,394,000 19,645,000 20,086,000 17,512,000 17,662,000 16,655,000 16,501,000 16,034,000 15,989,000 15,667,000 15,618,000 15,436,000 15,431,000 13,660,000 14,791,000 14,665,000 15,366,000 13,860,000 11,882,000 12,443,000 11,615,000 10,487,000 12,078,000 11,217,000 11,935,000 10,772,000 8,496,000 8,808,000 7,866,000 
      net earnings
    		96,839,000 100,529,000 96,458,000 97,894,000 97,904,000 106,666,000 94,371,000 96,682,000 106,787,000 98,704,000 90,167,000 90,662,000 88,421,000 74,165,000 81,373,000 77,570,000 82,932,000 73,021,000 56,587,000 56,068,000 46,265,000 65,176,000 66,698,000 79,091,000 80,033,000 82,042,000 70,583,000 103,289,000                   0.24 0.23 0.23 0.15 0.23 0.24 0.18 -0.29 0.26  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 16,530,000 28,693,000 26,004,000 
      net earnings per share:
    		                                                                         
      basic
    		0.51 0.54 0.52 0.53 0.53 0.58 0.52 0.408 0.59 0.54 0.5 0.348 0.5 0.42 0.46 0.285 0.45 0.39 0.3 0.3 0.24 0.35 0.35 0.43 0.44 0.47 0.4 0.62                                              
      diluted
    		0.51 0.54 0.51 0.52 0.53 0.58 0.52 0.408 0.59 0.54 0.5 0.345 0.5 0.42 0.46 0.285 0.45 0.39 0.3 0.3 0.24 0.35 0.35 0.43 0.44 0.47 0.4 0.62                                              
      weighted-average shares outstanding:
    		                                                                         
      basic
    		187,838,711 186,876,693 186,855,097 183,688,562 184,007,176 182,438,791 181,794,208  181,398,273 181,092,031 180,845,503  176,900,786 174,956,856 174,772,243  174,629,442 174,610,897 174,589,300 172,681,136 171,388,869 171,039,017 164,883,509 161,893,442 161,105,315 156,852,984 153,810,692 153,041,056                   87,109,406 84,409,788 83,122,731 82,715,645 82,779,476 82,694,624 82,320,772 79,846,258 80,343,958  78,165,859 74,249,137 73,717,097 73,070,034 72,314,787 66,152,437 66,795,783 66,431,725 60,332,971 57,428,063 57,998,523 57,258,741 55,408,126 52,984,821 53,651,776  51,868,166 
      diluted
    		188,332,789 187,070,288 187,080,084 184,043,841 184,561,431 182,807,374 182,212,897  181,721,467 181,627,857 181,434,345  177,367,710 175,107,914 174,911,213  174,738,903 174,726,812 174,714,617 172,782,266 171,485,285 171,231,828 165,361,731 162,351,901 161,614,074 157,286,165 154,203,938 153,393,383                   87,788,250 84,725,968 83,570,438 82,849,362 82,915,376 82,825,423 82,446,011 79,953,499 80,455,033  78,253,746 74,521,909 74,021,518 73,348,473 72,447,395 66,407,530 67,029,148 66,663,765 60,471,563 58,079,875 58,225,055 57,784,835 56,956,636 54,640,143 53,901,276  53,539,294 
      other comprehensive income:
    		                                                                         
      amortization of interest rate hedges
    		480 469 460 460 450 610 632 460.75 620 616 607 442.5 595 592 583 623.5 565 561 1,368 642 638 383 327 325 323 525 531                                               
      fair value of forward starting swaps
    		 -117 -292             -396 -1,584     -7,617 -7,818 -3,920  2,985 3,259                                               
      total comprehensive income
    		97,319 100,881 96,626 98,354 98,354 107,276 95,003 74,375.25 107,407 99,320 90,774 61,432.25 89,016 74,757 81,956 53,362.5 81,913 73,582 57,955                                                       
      executive retirement costs
    		  2,173,000 42,000 156,000 153,000 317,000 2,569,000 153,000 309,000 423,000 715,000 556,000 2,655,000 3,594,000                                                           
      loss attributable to noncontrolling interests
    		             6,000  750 1,000 2,000             9,000                                           
      net earnings attributable to common stockholders
    		       73,914,500 106,787,000 98,704,000 90,167,000 60,991,000 88,421,000 74,171,000 81,372,000 49,772,000 78,448,000 68,538,000 52,102,000 51,584,000 41,780,000 60,693,000 58,111,000 70,097,000 71,441,000 73,450,000 61,992,000 94,698,000                                              
      net earnings per share of common stock:
    		                                                                         
      basic
    		0.51 0.54 0.52 0.53 0.53 0.58 0.52 0.408 0.59 0.54 0.5 0.348 0.5 0.42 0.46 0.285 0.45 0.39 0.3 0.3 0.24 0.35 0.35 0.43 0.44 0.47 0.4 0.62                                              
      diluted
    		0.51 0.54 0.51 0.52 0.53 0.58 0.52 0.408 0.59 0.54 0.5 0.345 0.5 0.42 0.46 0.285 0.45 0.39 0.3 0.3 0.24 0.35 0.35 0.43 0.44 0.47 0.4 0.62                                              
      weighted-average number of common shares outstanding:
    		                                                                         
      basic
    		187,838,711 186,876,693 186,855,097 183,688,562 184,007,176 182,438,791 181,794,208  181,398,273 181,092,031 180,845,503  176,900,786 174,956,856 174,772,243  174,629,442 174,610,897 174,589,300 172,681,136 171,388,869 171,039,017 164,883,509 161,893,442 161,105,315 156,852,984 153,810,692 153,041,056                   87,109,406 84,409,788 83,122,731 82,715,645 82,779,476 82,694,624 82,320,772 79,846,258 80,343,958  78,165,859 74,249,137 73,717,097 73,070,034 72,314,787 66,152,437 66,795,783 66,431,725 60,332,971 57,428,063 57,998,523 57,258,741 55,408,126 52,984,821 53,651,776  51,868,166 
      diluted
    		188,332,789 187,070,288 187,080,084 184,043,841 184,561,431 182,807,374 182,212,897  181,721,467 181,627,857 181,434,345  177,367,710 175,107,914 174,911,213  174,738,903 174,726,812 174,714,617 172,782,266 171,485,285 171,231,828 165,361,731 162,351,901 161,614,074 157,286,165 154,203,938 153,393,383                   87,788,250 84,725,968 83,570,438 82,849,362 82,915,376 82,825,423 82,446,011 79,953,499 80,455,033  78,253,746 74,521,909 74,021,518 73,348,473 72,447,395 66,407,530 67,029,148 66,663,765 60,471,563 58,079,875 58,225,055 57,784,835 56,956,636 54,640,143 53,901,276  53,539,294 
      net earnings attributable to nnn
    		       392,044,342 106,787 98,704 90,167 90,662,000 88,421,000 74,171,000 81,372,000 77,570,000 82,933,000 73,023,000 56,587,000 56,069,000 46,265,000 65,178,000 66,693,000 78,678,000 80,023,000 82,032,000 70,573,000 103,280,000 61,120,000 58,028,000 73,657,000 50,784,000 51,942,000 70,683,000 55,198,000 46,188,000 53,978,000 47,940,000 45,571,000 43,333,000 44,352,000 37,486,000 34,066,000 38,015,000 33,505,000 29,832,000 22,632,000 21,303,000 20,820,000 14,215,000 21,210,000 21,206,000 16,365,000                     
      comprehensive income attributable to nnn
    		       74,375.25 107,407 99,320 90,774 61,433.5 89,016 74,763 81,955 53,363.25 81,914 73,584 57,955 56,711 46,903 57,944 59,202 75,083 79,131 85,555 74,547 101,509                                              
      comprehensive loss attributable to noncontrolling interests
    		           -1.25  -6  -0.75 -1 -2                                                        
      earnings attributable to noncontrolling interests
    		              -1,000     1,000  2,000 -5,000 -413,000 -10,000 -10,000 -10,000                                               
      comprehensive earnings attributable to noncontrolling interests
    		              1                                                           
      loss on early extinguishment of debt
    		                  21,328,000   16,679,000                                                    
      series f preferred stock dividends
    		               -3,363,750 -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                                              
      comprehensive income attributable to noncontrolling interests
    		                                                                         
      series e preferred stock dividends
    		                      -4,097,000 -4,096,000 -4,097,000 -4,097,000 -4,096,000 -4,097,000                                              
      valuation adjustments – available-for-sale securities
    		                                                                         
      realized gain – available-for-sale securities
    		                                                                         
      retirement severance costs
    		                         222,000 260,000 261,000 225,000 7,428,000                                            
      lease income
    		                        163,026,000                                                 
      rental income from operating leases
    		                         150,418,000 150,969,000 147,829,000 143,376,000 141,298,000 136,493,000 129,944,000 126,418,000 121,645,000 118,218,000 112,715,000 111,474,000 105,013,000 100,730,000 99,055,000 95,772,000 91,295,000 87,661,000 80,411,000 77,927,000 73,625,000 62,969,000 58,154,000 57,340,000 54,427,000 52,633,000 52,178,000 52,038,000 52,714,000 51,901,000 53,727,000 52,821,000 51,247,000 53,997,000 52,042,000 50,190,000 46,013,000 42,831,000 41,641,000 36,624,000 34,985,000 32,194,000 30,630,000 29,482,000 30,697,000 26,996,000 27,855,000 26,573,000 
      earned income from direct financing leases
    		                         242,000 225,000 230,000 241,000 246,000 257,000 338,000 347,000 356,000 340,000 397,000 405,000 427,000 435,000 443,000 534,000 556,000 566,000 608,000 618,000 628,000 659,000 713,000 760,000 736,000 746,000 755,000 764,000 773,000 797,000 746,000 754,000 761,000 773,000 780,000 789,000 795,000 944,000 1,060,000 1,777,000 588,000 2,230,000 2,356,000 2,336,000 2,396,000 2,648,000 2,662,000 2,681,000 
      percentage rent
    		                         284,000 189,000 546,000 239,000 198,000 548,000 321,000 164,000 474,000 331,000 112,000 185,000 177,000 223,000 90,000 267,000 162,000 371,000 242,000 221,000 111,000 229,000 132,000 113,000 578,000 197,000 129,000 54,000 757,000 317,000 119,000 147,000 697,000 196,000 170,000 52,000 793,000 181,000           
      real estate expense reimbursement from tenants
    		                         3,712,000 3,770,000 4,158,000 3,614,000 3,700,000 3,860,000 3,413,000 3,248,000 3,590,000 3,469,000 3,324,000 3,515,000 3,323,000 3,228,000 3,232,000 3,113,000 3,149,000 2,977,000 2,647,000 2,505,000 2,832,000 2,440,000 2,197,000 2,335,000 2,386,000 1,682,000 1,598,000 1,772,000 2,115,000 1,872,000 2,109,000 2,353,000 2,648,000 1,456,000 1,456,000 1,578,000 1,658,000 1,348,000 1,478,000 1,343,000 1,904,000 1,126,000 914,000 996,000 2,129,000 1,184,000 1,380,000 1,657,000 
      net gain – available-for-sale securities
    		                        -1,215 13 184 -132                                              
      impairment losses – real estate and other charges, net of recoveries
    		                         3,635,000 3,835,000 2,248,000 80,000 -39,000 1,206,000 4,917,000 5,459,000                                         
      earnings before gain on disposition of real estate
    		                         67,694,000 66,477,000 64,693,000 57,944,000 55,354,000 59,024,000                                           
      series d preferred stock dividends
    		                                                                         
      excess of redemption value over carrying value of series d preferred shares redeemed
    		                                                                         
      loss (earnings) attributable to noncontrolling interests
    		                           -9,000 -9,000 -381,000  12,000 9,000 7,000                       -175,000                 
      amortization of deferred interest rate hedges
    		                           525                                              
      deferred fair value of forward starting swaps
    		                           -2,164                                              
      interest income on commercial mortgage residual interests
    		                            84,000 80,000 85,000 384,000 448,000 452,000 440,000 447,000 445,000 464,000 454,000 452,000 594,000 588,000 606,000 593,000 716,000 755,000 782,000 777,000 767,000 755,000 798,000 858,000 1,049,000 1,152,000 1,046,000 1,000,000 1,054,000 985,000 1,124,000 1,171,000 1,356,000             
      impairment – commercial mortgage residual interests valuation
    		                               5,978,000 632,000 220,000 53,000 428,000  21,000 77,000 158,000 16,000    2,718,000   267,000             758,000             
      real estate acquisition costs
    		                               111,000 280,000 129,000 199,000 96,000 599,000                                     
      earnings including noncontrolling interests
    		                            61,129,000 58,409,000 73,648,000 50,772,000 51,933,000 70,676,000 55,255,000 46,190,000 54,038,000 47,972,000 45,584,000 43,841,000 44,342,000 37,606,000 33,903,000 37,990,000 33,476,000 29,824,000 22,608,000 21,269,000 20,853,000 14,210,000 21,194,000 21,650,000 16,298,000 -20,300,000 22,796,000 27,129,000                  
      earnings before income tax expense
    		                               46,267,000  53,801,000                                        
      income tax expense
    		                                  -545,000          -140,000  -68,000 -210,000                          
      earnings before gain on disposition of real estate, net of income tax expense
    		                               46,267,000 50,755,000 53,801,000 53,341,000 46,160,000 46,838,000 44,616,000 42,530,000 42,085,000                                  
      gain on disposition of real estate, net of income tax expense
    		                               4,505,000 1,178,000 16,875,000 1,914,000 30,000 7,200,000 3,356,000 3,054,000 1,756,000                                  
      earnings before income tax benefit
    		                                50,755,000                                         
      income tax benefit
    		                                   495,000 -442,000 -372,000 -441,000 93,000 -365,000 -432,000 780,000 7,426,000  -97,000   19,000 22,000 -170,000 -231,000 -92,000 -460,000 504,000 546,000 537,000 1,426,000 1,654,000 1,769,000 2,652,000 1,813,000 1,509,000 2,421,000 2,922,000 2,418,000 3,301,000 3,535,000 1,893,000 1,379,000 450,000 341,000  
      impairment losses, net of recoveries
    		                                 572,000 -3,000                                       
      earnings from continuing operations before income tax expense
    		                                  53,886,000                                       
      earnings from continuing operations
    		                                  53,341,000 46,160,000 46,838,000 44,474,000 42,512,000 42,121,000 43,163,000 36,247,000 34,067,000 37,280,000 31,237,000 29,282,000 22,269,000 21,139,000 20,725,000 13,857,000 20,261,000 20,991,000 16,106,000 -13,919,000 22,310,000 24,141,000 24,495,000 28,739,000 27,081,000 25,805,000 23,105,000 22,559,000 22,037,000 21,914,000 20,799,000 30,371,000 13,743,000 15,212,000 15,335,000 13,011,000 12,373,000 14,303,000 14,578,000 
      earnings from discontinued operations, net of income tax expense
    		                                     142,000 18,000 -36,000 1,179,000 1,359,000 -164,000 710,000 2,239,000 542,000                            
      earnings attributable to noncontrolling interests:
    		                                                                         
      continuing operations
    		                                  -57,000 -2,000 -60,000 -32,000 -13,000 -508,000 17,000 40,000 219,000 32,000 34,000 20,000 20,000 67,000 26,000 -4,000 -17,000 -468,000 119,000 -1,040,000 -152,000 -171,000 0.29 0.35 0.35 0.33 0.29 0.29 0.3 0.31 0.31  0.22 0.25 0.25  0.2  0.25 
      impairment losses
    		                                   2,686,000 1,028,000      1,812,000                               
      earnings from continuing operations before income tax benefit
    		                                   45,665,000 47,280,000 44,846,000 42,953,000 42,028,000                                  
      income from discontinued operations, net of income tax expense
    		                                                                         
      impairment losses and other charges
    		                                     77,000 89,000     7,261,000                              
      loss (earnings) attributable to noncontrolling interests:
    		                                                                         
      discontinued operations
    		                                        -7,000 -160,000 -56,000 -7,000 -5,000 -12,000 4,000 -33,000 -59,000 9,000 33,000 24,000 -52,000 -50,000 -201,000 -4,000 0.03  0.04 0.07 0.14 0.16 0.38 0.4 0.1  0.13 1.13 0.15  0.08  0.22 
      impairment charges
    		                                       396,000                                  
      retail operations:
    		                                                                         
      revenues
    		                                            7,784,000 11,224,000 12,402,000 12,450,000 8,850,000 8,500,000 9,225,000 8,696,000 6,536,000 8,278,000 7,317,000                   
      operating expenses
    		                                            -7,481,000 -11,062,000 -11,563,000 -11,760,000 -8,852,000 -8,134,000 -8,579,000 -8,265,000 -6,669,000 -7,601,000 -7,550,000                   
      net
    		                                            303,000 162,000 839,000 690,000 -2,000 366,000 646,000 431,000 -133,000 677,000 -233,000                   
      impairment losses and other charges, net of recoveries
    		                                         160,000                                
      earnings from continuing operations before income tax benefit (expense) and equity in earnings of unconsolidated affiliate
    		                                        43,528,000  33,287,000 26,085,000     20,597,000                         
      equity in earnings of unconsolidated affiliate
    		                                           3,769,000 155,000 150,000 109,000 104,000 109,000 108,000 107,000 108,000 105,000 106,000 105,000 107,000 103,000 70,000 100,000 101,000 79,000             
      earnings from continuing operations before income tax expense and equity in earnings of unconsolidated affiliate
    		                                         36,679,000   31,222,000  22,228,000 21,245,000                          
      earnings from continuing operations before income tax benefit and equity in earnings of unconsolidated affiliate
    		                                             29,229,000                            
      disposition of real estate, inventory portfolio:
    		                                                                         
      gross proceeds
    		                                                   5,600,000  600,000 353,000      4,900,000 925,000   825,000         
      costs
    		                                                   -4,959,000  -599,000 -317,000      -4,879,000 -925,000   -493,000         
      gain
    		                                                   641,000  1,000 36,000      21,000    332,000         
      earnings from discontinued operations
    		                                                                         
      real estate, investment portfolio, net of income tax expense
    		                                              268,000 -17,000    530,000                      
      real estate, inventory portfolio, net of income tax expense
    		                                              71,000 147,000 132,000   129,000 131,000 -2,565,000 556,000 226,000                  
      series c preferred stock dividends
    		                                              -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000  -1,696,000 -1,696,000 -1,696,000 -1,696,000 -1,696,000             
      net earnings available to common stockholders
    		                                              20,936,000 19,607,000 19,124,000 13,423,250 19,514,000 19,510,000 14,669,000                     
      net earnings per share of common stock:
    		                                                                         
      basic:
    		                                                                         
      diluted:
    		                                                                         
      impairment – commercial mortgage residual interests valuation adjustment
    		                                                129,000 147,000  165,000 3,683,000                     
      real estate, investment portfolio, net of income tax benefit
    		                                                -4,000                         
      impairment – real estate
    		                                                     27,050,000  1,064,000                  
      restructuring costs
    		                                                                   1,580,000      
      earnings from continuing operations before income tax benefit, equity in earnings of unconsolidated affiliate, gain on note receivable and property foreclosures and gain on extinguishment of debt
    		                                                 14,363,750 20,324,000 21,063,000                      
      gain on note receivable and property foreclosures
    		                                                 16,750  51,000 16,000                     
      gain on extinguishment of debt
    		                                                       1,014,000 2,418,000                 
      real estate, investment portfolio, net of income tax
    		                                                 385,500 938,000                       
      real estate, inventory portfolio, net of income tax
    		                                                 64,000 -5,000                       
      earnings from continuing operations before income tax benefit, equity in earnings of unconsolidated affiliate, gain on note receivable and property foreclosure and gain on extinguishment of debt
    		                                                    16,077,000                     
      real estate, investment portfolio
    		                                                    61,000 -3,816,000 -70,000 2,762,000 2,040,000 -150,000 2,997,000 3,629,000 4,999,000 10,682,000 23,404,000 24,948,000 1,937,000 25,146,000 5,820,000 62,510,000 6,321,000 275,000 -28,000 699,000 10,086,000 
      loss on interest rate hedge
    		                                                            804,000             
      earnings from continuing operations before income tax benefit, equity in earnings of unconsolidated affiliate, gain on note receivable foreclosure and gain on extinguishment of debt
    		                                                     16,307,000 21,701,000 21,426,000                  
      gain on note receivable foreclosure
    		                                                     262,000  1,048,000                  
      net earnings attributable to national retail properties, inc.
    		                                                     -21,390,000 22,443,000 26,954,000                  
      net earnings available to common stockholders – basic and diluted
    		                                                     17,777,750 20,747,000  25,108,000 22,281,500 28,578,000 29,192,000 31,357,000             
      restructuring charges
    		                                                        731,000                 
      earnings from continuing operations before income tax benefit, equity in earnings of unconsolidated affiliate and gain on extinguishment of debt
    		                                                        21,437,000                 
      earnings from discontinued operations:
    		                                                                         
      real estate, inventory portfolio, net of income tax expense and noncontrolling interest
    		                                                        444,000                 
      net earnings including noncontrolling interests
    		                                                        26,979,000                 
      impairment – real estate, inventory portfolio
    		                                                             32,000 128,000           
      earnings from continuing operations before income tax benefit, minority interest and equity in earnings of unconsolidated affiliate
    		                                                         16,995,500 25,440,000 24,181,000 19,358,000 13,906,000 20,620,000 19,345,000          
      minority interest
    		                                                         -350,000 -113,000 -246,000 1,016,000 -53,000 -92,000 148,000 370,000 188,000 1,705,000 -255,000 -3,197,000 -113,000 233,000 1,000 15,000 
      real estate, inventory portfolio, net of income tax expense and minority interest
    		                                                         278,000 196,000 1,454,000 4,949,000 1,124,000 1,945,000 1,793,000 3,968,000 1,884,000 1,892,000 2,479,000 1,792,000 1,905,000 4,185,000 1,886,000  
      interest income on mortgage residual interests
    		                                                             880,750 1,135,000 1,144,000 1,244,000 1,331,000 1,693,000 1,947,000 2,297,000 2,630,000 2,797,000 1,922,000  
      impairment – mortgage residual interests valuation adjustment
    		                                                             159,500 638,000    6,116,000       
      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 
      series b convertible preferred stock dividends
    		                                                                    -419,000 -419,000 -418,000 -419,000 -419,000 
      series c redeemable preferred stock dividends
    		                                                             -1,272,250 -1,696,000 -1,696,000 -1,696,000         
      net earnings available to common shareholders – basic
    		                                                             29,414,000 45,690,000 46,959,000  30,419,750 20,453,000 79,199,000      
      series b convertible preferred stock dividends, if dilutive
    		                                                                    419,000     
      net earnings available to common shareholders – diluted
    		                                                             29,414,000 45,690,000 46,959,000  30,524,500 20,453,000 79,199,000      
      percentage rents
    		                                                               141,000          
      contingent rental income
    		                                                                458,000 163,000 58,000 55,000 456,000   57,000 393,000 
      earnings from continuing operations before income tax benefit, minority interest and equity in earnings (losses) of unconsolidated affiliates
    		                                                                17,507,000         
      equity in earnings (losses) of unconsolidated affiliates
    		                                                                    -33,000     
      net earnings available to common stockholders – basic
    		                                                                25,008,000    22,027,000     
      net earnings available to common stockholders – diluted
    		                                                                25,008,000    22,446,000     
      gross proceeds from the disposition of real estate, inventory portfolio
    		                                                                 5,478,750 463,000       
      costs of the disposition of real estate, inventory portfolio
    		                                                                 -3,699,750 -355,000       
      gain from the disposition of real estate, inventory portfolio
    		                                                                 1,779,000 108,000       
      impairment – real estate, investment portfolio
    		                                                                         
      earnings from continuing operations before income tax benefit, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                 8,977,500 8,813,000 11,704,000 16,672,000     
      equity in earnings of unconsolidated affiliates
    		                                                                 3,000 -76,000 228,000  -82,000 111,000 100,000 1,081,000 
      earnings before extraordinary gain
    		                                                                 57,401,000 21,455,000 80,201,000  15,191,000 16,530,000 16,888,000  
      extraordinary gain, net of income tax expense
    		                                                                     2,951,250  11,805,000  
      extraordinary gain
    		                                                                         
      gain on disposition of real estate, inventory portfolio
    		                                                                   563,000 6,444,000 1,302,000 -138,000 378,000  
      impairment – mortgage residual interests
    		                                                                   842,000 1,820,000     
      interest income from real estate transactions
    		                                                                     1,235,000 1,507,000 2,124,000  
      transition costs
    		                                                                         
      impairments
    		                                                                     437,500 422,000 741,000  
      earnings from continuing operations before benefit from income taxes, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                     9,546,750 11,579,000 13,861,000 12,912,000 
      earnings available to common stockholders – basic
    		                                                                     16,741,500 15,110,000 27,272,000  
      earnings available to common stockholders – diluted
    		                                                                     17,055,500 15,110,000 27,691,000  
      gain of disposition of real estate, inventory portfolio
    		                                                                        469,000 
      impairment
    		                                                                        587,000 
      benefit from income taxes
    		                                                                        570,000 
      real estate, inventory portfolio, net of benefit from income taxes and minority interest
    		                                                                        1,340,000 
      earnings available to common stockholders - basic
    		                                                                        24,583,000 
      earnings available to common stockholders - diluted
    		                                                                        25,002,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.