Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 208

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 208
---
    2,471

    2,374

    Gain on disposition of real estate

    (42,290
    )

    (47,485
    )

    (17,443
    )

    Performance incentive plan expense

    12,835

    13,375

    17,330

    Performance incentive plan payment

    (1,274
    )

    (916
    )

    (103
    )

    Change in operating assets and liabilities, net of assets acquired   and liabilities assumed:

    Decrease (increase) in receivables

    674

    (853
    )

    358

    Decrease (increase) in accrued rental income

    (294
    )

    (7,453
    )

    3,559

    Decrease (increase) in other assets

    (190
    )

    243

    424

    Increase (decrease) in accrued interest payable

    (4,675
    )

    10,548

    (97
    )

    Increase (decrease) in other liabilities

    6,581

    (1,550
    )

    (1,217
    )

    Other

    (82
    )

    79

    68

    Net cash provided by operating activities

    635,504

    612,410

    578,355

    Cash flows from investing activities:

    Proceeds from the disposition of real estate

    149,834

    116,334

    66,962

    Additions to real estate

    (572,874
    )

    (795,791
    )

    (842,872
    )

    Principal payments received on mortgages and notes receivable

    599

    559

    521

    Other

    (1,895
    )

    (1,762
    )

    (2,242
    )

    Net cash used in investing activities

    (424,336
    )

    (680,660
    )

    (777,631
    )

 See accompanying notes to consolidated financial statements.

 54

NNN REIT, INC.and SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS – CONTINUED(dollars in thousands) 

    Year Ended December 31,

    2024

    2023

    202