NNN REIT INC
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 1, 2024
NNN$41.69+1.4%Stored close · as of Nov 9, 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 June 30, 2024
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalEquity | |
|---|---|---|---|---|---|
| Balances at March 31, 2024 | $1,835 | $4,996,698 | $(814,196) | $(9,479) | $4,174,858 |
| Net earnings | — | — | 106,666 | — | 106,666 |
| Dividends declared and paid: | |||||
| $0.5650 per share of common stock | — | 570 | (103,159) | — | (102,589) |
| Issuance of common stock: | |||||
| 9,655 shares – director compensation | — | 319 | — | — | 319 |
| 1,204 shares – stock purchase plan | — | 51 | — | — | 51 |
| 303,443 shares – ATM equity program | 3 | 12,799 | — | — | 12,802 |
| Stock issuance costs | — | (132) | — | — | (132) |
| Amortization of deferred compensation | — | 2,337 | — | — | 2,337 |
| Amortization of interest rate hedges | — | — | — | 610 | 610 |
| Balances at June 30, 2024 | $1,838 | $5,012,642 | $(810,689) | $(8,869) | $4,194,922 |
Quarter Ended June 30, 2023
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | Total Equity | |
|---|---|---|---|---|---|
| Balances at March 31, 2023 | $1,822 | $4,948,024 | $(802,999) | $(11,975) | $4,134,872 |
| Net earnings | — | — | 98,704 | — | 98,704 |
| Dividends declared and paid: | |||||
| $0.5500 per share of common stock | — | 731 | (99,745) | — | (99,014) |
| Issuance of common stock: | |||||
| 7,623 shares – director compensation | — | 270 | — | — | 270 |
| 1,444 shares – stock purchase plan | — | 62 | — | — | 62 |
| 300,326 shares – ATM equity program | 3 | 12,779 | — | — | 12,782 |
| Stock issuance costs | — | (264) | — | — | (264) |
| Amortization of deferred compensation | — | 2,206 | — | — | 2,206 |
| Amortization of interest rate hedges | — | — | — | 616 | 616 |
| Balances at June 30, 2023 | $1,825 | $4,963,808 | $(804,040) | $(11,359) | $4,150,234 |
Six Months Ended June 30, 2024
| CommonStock | Capital in Excess of Par Value | Accumulated Deficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalEquity | |
|---|---|---|---|---|---|
| Balances at December 31, 2023 | $1,826 | $4,971,625 | $(805,883) | $(10,111) | $4,157,457 |
| Net earnings | — | — | 201,037 | — | 201,037 |
| Dividends declared and paid: | |||||
| $1.130 per share of common stock | — | 1,306 | (205,843) | — | (204,537) |
| Issuance of common stock: | |||||
| 19,224 shares – director compensation | — | 639 | — | — | 639 |
| 1,987 shares – stock purchase plan | — | 83 | — | — | 83 |
| 803,443 shares – ATM equity program | 8 | 33,719 | — | — | 33,727 |
| 349,975 restricted shares – net of forfeitures | 4 | (4) | — | — | — |
| Stock issuance costs | — | (310) | — | — | (310) |
| Amortization of deferred compensation | — | 5,584 | — | — | 5,584 |
| Amortization of interest rate hedges | — | — | — | 1,242 | 1,242 |
| Balances at June 30, 2024 | $1,838 | $5,012,642 | $(810,689) | $(8,869) | $4,194,922 |
Six Months Ended June 30, 2023
| CommonStock | Capital in Excess of Par Value | Accumulated Deficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalEquity | |
|---|---|---|---|---|---|
| Balances at December 31, 2022 | $1,815 | $4,928,034 | $(793,765) | $(12,582) | $4,123,502 |
| Net earnings | — | — | 188,871 | — | 188,871 |
| Dividends declared and paid: | |||||
| $1.100 per share of common stock | — | 1,455 | (199,146) | — | (197,691) |
| Issuance of common stock: | |||||
| 15,806 shares – director compensation | — | 539 | — | — | 539 |
| 3,576 shares – stock purchase plan | — | 160 | — | — | 160 |
| 650,135 shares – ATM equity program | 7 | 29,143 | — | — | 29,150 |
| 255,667 restricted shares – net of forfeitures | 3 | (3) | — | — | — |
| Stock issuance costs | — | (558) | — | — | (558) |
| Amortization of deferred compensation | — | 5,038 | — | — | 5,038 |
| Amortization of interest rate hedges | — | — | — | 1,223 | 1,223 |
| Balances at June 30, 2023 | $1,825 | $4,963,808 | $(804,040) | $(11,359) | $4,150,234 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.