content_image/243756.jpg content_image/243757.jpg content_image/243758.jpg
## Real Estate – Held For Sale 

As of December 31, 2013 and 2012, NNN classified eight Properties as held for sale. Real estate held for sale consisted of the following at December 31 (dollars in thousands): 

<img src='content_image/243756.jpg'>

## Real Estate – Dispositions 

The following table summarizes the Properties sold and the corresponding gain recognized on the disposition included in continuing and discontinued operations for the years ended December 31 (dollars in thousands): 

<img src='content_image/243757.jpg'>

## Real Estate – Commitments 

NNN has agreed to fund construction commitments on leased Properties. The improvements are estimated to be completed within 12 months. These construction commitments, as of December 31, 2013, are outlined in the table below (dollars in thousands): 

<img src='content_image/243758.jpg'>

$^{(1)}$ Includes land, construction costs and tenant improvements. 

