Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 75

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 1B
Chunk 75
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681

    238,625

    223,834

    Leasing transaction costs

    99

    299

    320

    Impairment losses – real estate, net of recoveries

    6,632

    5,990

    8,309

    Executive retirement costs

    668

    3,454

    7,520

    333,684

    320,492

    307,959

    Gain on disposition of real estate

    42,290

    47,485

    17,443

    Earnings from operations

    577,872

    555,104

    482,537

    Other expenses (revenues):

    Interest and other income

    (2,980
    )

    (1,134
    )

    (149
    )

    Interest expense

    184,017

    163,898

    148,065

    181,037

    162,764

    147,916

    Net earnings

    396,835

    392,340

    334,621

    Loss attributable to noncontrolling interests

    —

    —

    5

    Net earnings attributable to stockholders
     
    $
    396,835

    $
    392,340

    $
    334,626

    Net earnings per share:

    Basic
     
    $
    2.16

    $
    2.16

    $
    1.89

    Diluted
     
    $
    2.15

    $
    2.16

    $
    1.89

    Weighted average shares outstanding:

    Basic

    183,688,562

    181,200,040

    176,403,656

    Diluted

    184,043,841

    181,689,723

    177,067,865

    Other comprehensive income:

    Net earnings attributable to stockholders
     
    $
    396,835

    $
    392,340

    $
    334,626

    Amortization of interest rate hedges

    2,152

    2,471

    2,374

    Comprehensive income attributable to stockholders

    398,987

    394