NNN REIT INC
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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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.
Sep 30, 2024 · Filed Oct 31, 2024
NNN$41.76+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Equity
Quarter Ended September 30, 2024
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalEquity | |
|---|---|---|---|---|---|
| Balances at June 30, 2024 | $1,838 | $5,012,642 | $(810,689) | $(8,869) | $4,194,922 |
| Net earnings | — | — | 97,904 | — | 97,904 |
| Dividends declared and paid: | |||||
| $0.5800 per share of common stock | — | 635 | (106,077) | — | (105,442) |
| Issuance of common stock: | |||||
| 8,614 shares – director compensation | — | 320 | — | — | 320 |
| 1,074 shares – stock purchase plan | — | 49 | — | — | 49 |
| 3,848,657 shares – ATM equity program | 39 | 181,095 | — | — | 181,134 |
| Stock issuance costs | — | (2,909) | — | — | (2,909) |
| Amortization of deferred compensation | — | 2,498 | — | — | 2,498 |
| Amortization of interest rate hedges | — | — | — | 450 | 450 |
| Balances at September 30, 2024 | $1,877 | $5,194,330 | $(818,862) | $(8,419) | $4,368,926 |
Quarter Ended September 30, 2023
| CommonStock | Capital in Excess of Par Value | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | Total Equity | |
|---|---|---|---|---|---|
| Balances at June 30, 2023 | $1,825 | $4,963,808 | $(804,040) | $(11,359) | $4,150,234 |
| Net earnings | — | — | 106,787 | — | 106,787 |
| Dividends declared and paid: | |||||
| $0.5650 per share of common stock | — | 700 | (102,647) | — | (101,947) |
| Issuance of common stock: | |||||
| 8,291 shares – director compensation | — | 294 | — | — | 294 |
| 1,575 shares – stock purchase plan | — | 62 | — | — | 62 |
| 9,800 restricted shares – net of forfeitures | — | — | — | — | — |
| Stock issuance costs | — | (375) | — | — | (375) |
| Amortization of deferred compensation | — | 2,383 | — | — | 2,383 |
| Amortization of interest rate hedges | — | — | — | 620 | 620 |
| Balances at September 30, 2023 | $1,825 | $4,966,872 | $(799,900) | $(10,739) | $4,158,058 |
Nine Months Ended September 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 | — | — | 298,941 | — | 298,941 |
| Dividends declared and paid: | |||||
| $1.7100 per share of common stock | — | 1,941 | (311,920) | — | (309,979) |
| Issuance of common stock: | |||||
| 27,838 shares – director compensation | — | 959 | — | — | 959 |
| 3,061 shares – stock purchase plan | — | 132 | — | — | 132 |
| 4,652,100 shares – ATM equity program | 47 | 214,814 | — | — | 214,861 |
| 344,525 restricted shares – net of forfeitures | 4 | (4) | — | — | — |
| Stock issuance costs | — | (3,219) | — | — | (3,219) |
| Amortization of deferred compensation | — | 8,082 | — | — | 8,082 |
| Amortization of interest rate hedges | — | — | — | 1,692 | 1,692 |
| Balances at September 30, 2024 | $1,877 | $5,194,330 | $(818,862) | $(8,419) | $4,368,926 |
Nine Months Ended September 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 | — | — | 295,658 | — | 295,658 |
| Dividends declared and paid: | |||||
| $1.6650 per share of common stock | — | 2,155 | (301,793) | — | (299,638) |
| Issuance of common stock: | |||||
| 24,097 shares – director compensation | — | 833 | — | — | 833 |
| 5,151 shares – stock purchase plan | — | 222 | — | — | 222 |
| 650,135 shares – ATM equity program | 7 | 29,143 | — | — | 29,150 |
| 265,467 restricted shares – net of forfeitures | 3 | (3) | — | — | — |
| Stock issuance costs | — | (933) | — | — | (933) |
| Amortization of deferred compensation | — | 7,421 | — | — | 7,421 |
| Amortization of interest rate hedges | — | — | — | 1,843 | 1,843 |
| Balances at September 30, 2023 | $1,825 | $4,966,872 | $(799,900) | $(10,739) | $4,158,058 |
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