Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 152

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 6
Chunk 152
---
,966

    Receivables, net of allowance of $617 and $669, respectively

    2,975

    3,649

    Accrued rental income, net of allowance of $4,156 and $4,168, respectively

    34,005

    34,611

    Debt costs, net of accumulated amortization of $27,002 and $23,952, respectively

    8,958

    3,243

    Other assets

    71,560

    79,459

    Total assets
     
    $
    8,872,728

    $
    8,661,968

    LIABILITIES AND EQUITY

    Liabilities:

    Line of credit payable
     
    $
    —

    $
    132,000

    Notes payable, net of unamortized discount and unamortized debt costs

    4,373,803

    4,228,544

    Accrued interest payable

    29,699

    34,374

    Other liabilities

    106,951

    109,593

    Total liabilities

    4,510,453

    4,504,511

    Commitments and contingencies (Note 11)

    Equity:

    Stockholders' equity:

    Common stock, $0.01 par value. Authorized 375,000,000 shares; 187,540,929 and       182,474,770 shares issued and outstanding, respectively

    1,877

    1,826

    Capital in excess of par value

    5,197,644

    4,971,625

    Accumulated deficit

    (829,287
    )

    (805,883
    )

    Accumulated other comprehensive income (loss)

    (7,959
    )

    (10,111
    )

    Total equity

    4,362,275

    4,157,457

    Total liabilities and equity
     
    $
    8,872,728

    $
    8,661,968

See accompanying notes to consolidated financial statements.

49

NNN REIT, INC.and SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(dollars in thousands, except per share