0001193125-15-343330.txt : 20151014 0001193125-15-343330.hdr.sgml : 20151014 20151014085934 ACCESSION NUMBER: 0001193125-15-343330 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151014 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151014 DATE AS OF CHANGE: 20151014 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RETAIL PROPERTIES, INC. CENTRAL INDEX KEY: 0000751364 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 561431377 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11290 FILM NUMBER: 151157309 BUSINESS ADDRESS: STREET 1: 450 S ORANGE AVE STREET 2: SUITE 900 CITY: ORLANDO STATE: FL ZIP: 32801 BUSINESS PHONE: 407-666-7348 MAIL ADDRESS: STREET 1: 450 SOUTH ORANGE AVE STREET 2: SUITE 900 CITY: ORLANDO STATE: FL ZIP: 32801 FORMER COMPANY: FORMER CONFORMED NAME: COMMERCIAL NET LEASE REALTY INC DATE OF NAME CHANGE: 19930510 FORMER COMPANY: FORMER CONFORMED NAME: CNL REALTY INVESTORS INC /DE/ DATE OF NAME CHANGE: 19930429 FORMER COMPANY: FORMER CONFORMED NAME: CNL REALTY INVESTORS INC DATE OF NAME CHANGE: 19920831 8-K 1 d71707d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 14, 2015

 

 

NATIONAL RETAIL PROPERTIES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   001-11290   56-1431377

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

450 South Orange Avenue

Suite 900

Orlando, Florida

   32801
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (407) 265-7348

Not applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events

The exhibit listed in the following index relates to the Registration Statement on Form S-3 (No. 333-202237) of the registrant and is filed herewith for incorporation by reference into such Registration Statement.

Item 9.01. Financial Statements and Exhibits

 

  (d) Exhibits.

 

  12.1 Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

NATIONAL RETAIL PROPERTIES, INC.
By:  

/s/ Kevin B. Habicht

Name:   Kevin B. Habicht
Title:   Executive Vice President,
  Chief Financial Officer,
  Assistant Secretary and Treasurer

Dated: October 14, 2015

EX-12.1 2 d71707dex121.htm EXHIBIT 12.1 Exhibit 12.1

Exhibit 12.1

NATIONAL RETAIL PROPERTIES, INC. AND SUBSIDIARIES

EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(dollars in thousands)

 

     2015      2014      2013      2012      2011      2010  

Pretax income from continuing operations before income from equity investees

    $ 100,205       $ 191,289       $ 155,631       $ 117,333       $ 91,389       $ 71,249   

Add:

                  

Fixed charges (excluding capitalized interest)

      43,446         85,514         85,912         83,937         80,357         72,427   

Distributed income from equity investees

      —           —           —           8,239         593         578   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Pretax earnings from operations, as adjusted

    $ 143,651       $ 276,803       $ 241,543       $ 209,509       $ 172,339       $ 144,254   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Fixed Charges:

                  

Interest on indebtedness

    $ 40,667       $ 80,370       $ 79,175       $ 76,153       $ 70,022       $ 61,639   

Capitalized interest

      948         1,628         1,369         1,540         1,213         617   

Amortization of net discount relating to indebtedness

      536         1,238         3,188         4,975         6,191         6,360   

Amortization of interest rate hedges

      832         1,129         438         231         9         (165 ) 

Amortization of deferred charges

      1,411         2,777         3,111         2,578         4,135         4,593   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Fixed charges

    $ 44,394       $ 87,142       $ 87,281       $ 85,477       $ 81,570       $ 73,044   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Ratio of net earnings to fixed charges

      3.24         3.18         2.77         2.45         2.11         1.97   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Fixed charges

    $ 44,394       $ 87,142       $ 87,281       $ 85,477       $ 81,570       $ 73,044   

Preferred stock dividends

      17,717         35,434         27,923         17,428         6,785         6,785   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Combined fixed charges and preferred stock dividends

    $ 62,111       $ 122,576       $ 115,204       $ 102,905       $ 88,355       $ 79,829   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Ratio of earnings to combined fixed charges and preferred stock dividends

      2.31         2.26         2.10         2.04         1.95         1.81