NNN REIT INC

For the period ended Sep 30, 2024. Filed Oct 31, 2024.

About 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.

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.

See the whole filing, with its images and exhibits

Contents

Item 1. Condensed Consolidated Balance Sheets

CONDENSED CONSOLID ATED BALANCE SHEETS

	September 30,2024	December 31,2023
(unaudited)
ASSETS
Real estate portfolio, net of accumulated depreciation and amortization	$8,625,489	$8,535,851
Cash and cash equivalents	173,526	1,189
Restricted cash and cash held in escrow	4,986	3,966
Receivables, net of allowance of $592 and $669, respectively	2,224	3,649
Accrued rental income, net of allowance of $4,117 and $4,168, respectively	33,849	34,611
Debt costs, net of accumulated amortization of $26,280 and $23,952, respectively	9,656	3,243
Other assets	73,913	79,459
Total assets	$8,923,643	$8,661,968
LIABILITIES AND EQUITY
Liabilities:
Line of credit payable	$—	$132,000
Notes payable, net of unamortized discount and unamortized debt costs	4,372,293	4,228,544
Accrued interest payable	75,399	34,374
Other liabilities	107,025	109,593
Total liabilities	4,554,717	4,504,511
Equity:
Stockholders' equity:
Common stock, $0.01 par value. Authorized 375,000,000 shares; 187,525,891 and 182,474,770 shares issued and outstanding, respectively	1,877	1,826
Capital in excess of par value	5,194,330	4,971,625
Accumulated deficit	(818,862)	(805,883)
Accumulated other comprehensive income (loss)	(8,419)	(10,111)
Total equity	4,368,926	4,157,457
Total liabilities and equity	$8,923,643	$8,661,968

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.