v3.26.1
Stockholders' Equity - Schedule of outlines of ATM Program (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Class of Stock [Line Items]          
Total allowable shares 375,000,000   375,000,000   375,000,000
Total shares issued 191,931,110   191,931,110   189,937,404
Total remaining allowable shares 5,999,528 0 7,666,760 0  
ATM equity programs          
Class of Stock [Line Items]          
Total remaining allowable shares [1] 5,999,528 236,906 7,666,760 236,906  
2023 ATM          
Class of Stock [Line Items]          
Effective Date     August 2023    
Termination date     August 2026    
Total allowable shares 17,500,000   17,500,000    
Total shares issued 8,247,225   8,247,225    
Total unsettled shares subject to forward sale agreements [2] 5,999,528   5,999,528    
Total remaining allowable shares [3]     3,253,247    
Anticipated net proceeds from unissued shares [4]     $ 272,099    
[1]

Includes 5,999,528, and 7,666,760 shares of common stock underlying forward sale agreements entered into during the quarter and six months ended June 30, 2026, respectively. There were no shares of common stock underlying forward sales agreements during the quarter and six months ended June 30, 2025.
[2]

NNN may physically settle the forward sale agreements (by the delivery of shares of common stock) and receive proceeds from the sales of those shares on one or more forward settlement dates, which shall occur no later than July 2027.
[3]

Includes impact of outstanding forward sale agreements.
[4]

Includes impact of forward price adjustments through June 30, 2026. Subject to certain conditions, NNN has the right to elect cash or net share settlement rather than physical settlement of the forward sale agreements, which, if elected, could result in cash outflows rather than share issuances. NNN currently intends to physically settle its forward sale agreements.