NNN REIT INC
For the period ended Mar 31, 2024. Filed May 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
NNN$41.76+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Equity
Quarter Ended March 31, 2024
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalEquity | |
|---|---|---|---|---|---|
| Balances at December 31, 2023 | $1,826 | $4,971,625 | $(805,883) | $(10,111) | $4,157,457 |
| Net earnings | — | — | 94,371 | — | 94,371 |
| Dividends declared and paid: | |||||
| $0.5650 per share of common stock | — | 736 | (102,684) | — | (101,948) |
| Issuance of common stock: | |||||
| 9,569 shares – director compensation | — | 320 | — | — | 320 |
| 783 shares – stock purchase plan | — | 32 | — | — | 32 |
| 500,000 shares – ATM equity program | 5 | 20,920 | — | — | 20,925 |
| 354,270 restricted shares – net of forfeitures | 4 | (4) | — | — | — |
| Stock issuance costs | — | (178) | — | — | (178) |
| Amortization of deferred compensation | — | 3,247 | — | — | 3,247 |
| Amortization of interest rate hedges | — | — | — | 632 | 632 |
| Balances at March 31, 2024 | $1,835 | $4,996,698 | $(814,196) | $(9,479) | $4,174,858 |
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY – CONTINUED
Quarter Ended March 31, 2023
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | Total Equity | |
|---|---|---|---|---|---|
| Balances at December 31, 2022 | $1,815 | $4,928,034 | $(793,765) | $(12,582) | $4,123,502 |
| Net earnings | — | — | 90,167 | — | 90,167 |
| Dividends declared and paid: | |||||
| $0.5500 per share of common stock | — | 724 | (99,401) | — | (98,677) |
| Issuance of common stock: | |||||
| 8,183 shares – director compensation | — | 269 | — | — | 269 |
| 2,132 shares – stock purchase plan | — | 98 | — | — | 98 |
| 349,809 shares – ATM equity program | 4 | 16,364 | — | — | 16,368 |
| 256,517 restricted shares, net of forfeitures | 3 | (3) | — | — | — |
| Stock issuance costs | — | (294) | — | — | (294) |
| Amortization of deferred compensation | — | 2,832 | — | — | 2,832 |
| Amortization of interest rate hedges | — | — | — | 607 | 607 |
| Balances at March 31, 2023 | $1,822 | $4,948,024 | $(802,999) | $(11,975) | $4,134,872 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.