v3.22.4
Organization and Summary of Significant Accounting Policies (Computation of Basic and Diluted Earnings Per Share) (Details) - USD ($)
1 Months Ended 12 Months Ended
Oct. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Basic and Diluted Earnings:        
Net earnings attributable to NNN   $ 334,626,000 $ 290,113,000 $ 228,799,000
Less: preferred stock dividends   0 (14,999,000) (17,940,000)
Less: Excess of redemption value over carrying value of preferred shares redeemed   0 (10,897,000) 0
Net earnings attributable to common stockholders   334,626,000 264,217,000 210,859,000
Less: Earnings allocated to unvested restricted shares   (514,000) (689,000) (698,000)
Net earnings used in basic and diluted earnings per share   $ 334,112,000 $ 263,528,000 $ 210,161,000
Basic and Diluted Weighted Average Shares Outstanding:        
Weighted average number of shares outstanding (in shares)   177,332,094 175,554,961 172,994,337
Less: Unvested restricted shares (in shares)   (237,918) (328,070) (337,078)
Less: Unvested contingent restricted shares (in shares)   (690,520) (515,970) (547,546)
Weighted Average Number of Shares Outstanding, Basic, Total   176,403,656 174,710,921 172,109,713
Other dilutive securities (shares)   664,209 107,978 107,364
Weighted average number of shares outstanding used in diluted earnings per share (in shares)   177,067,865 174,818,899 172,217,077
Series F Preferred Stock        
Basic and Diluted Earnings:        
Less: preferred stock dividends   $ 0 $ (14,999,000) $ (17,940,000)
Less: Excess of redemption value over carrying value of preferred shares redeemed $ (10,897,000)