National Retail Properties, a real estate investment trust, invests in single-tenant retail properties generally subject to long-term, net leases. The company was formed in 1984 and began trading on the New York Stock Exchange in 1994. As one of only 99out of the more than 10,000 publicly-traded companies that have increased annual dividends for 26 or more consecutive years, we are a powerful partner for our retail customers and a proven investment for our shareholders. The average annual total return to shareholders has been 14.9% over the past 25 years. We own a diversified portfolio of 2,231 freestanding retail properties in 47 states with a total gross leasable area of approximately 24.5 million square feet. These properties are leased to more than 400 tenants in 38 industry classifications.