EX-99 3 supplemental.txt EX. 99.2: SUPPLEMENTAL REPORTING PACKAGE Exhibit 99.2 LEXINGTON REALTY TRUST SUPPLEMENTAL REPORTING PACKAGE For the twelve months ended December 31, 2006 Table of Contents Statements of Operations....................................... 1 Balance Sheets................................................. 2 Combined Joint Venture Income Statement........................ 4 Fourth Quarter Transaction Summary............................. 5 Third Quarter Transaction Summary.............................. 6 Second Quarter Transaction Summary............................. 7 First Quarter Transaction Summary ............................. 8 Property Holdings.............................................. 9 Newkirk Portfolio.............................................. 21 Properties by Location......................................... 31 Lease Rollover Schedules....................................... 32 Mortgages and Notes Payable.................................... 35 Revenue by Tenant Industry..................................... 41 Revenue by MSA................................................. 42 Other Revenue Data............................................. 44 LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (dollars in thousands, except per share data)
Three Months Ended Twelve Months Ended December 31, December 31, 2006 2005 2006 2005 ---- ---- ---- ---- Gross revenues: Rental $ 49,311 $ 45,795 $ 185,312 $ 167,253 Advisory fees 1,027 1,180 4,555 5,365 Tenant reimbursements 4,902 3,687 17,524 10,840 ---------- ---------- ----------- ----------- Total gross revenues 55,240 50,662 207,391 183,458 Expense applicable to revenues: Depreciation and amortization (21,606) (19,263) (80,688) (66,041) Property operating (9,050) (6,986) (32,167) (21,913) General and administrative (19,674) (4,438) (35,530) (17,587) Non-operating income 1,244 326 8,913 1,514 Interest and amortization expense (19,050) (17,722) (71,402) (62,617) Debt satisfaction (charges) gains, net 7,443 (223) 7,228 4,409 Impairment charges (6,100) -- (7,221) -- ------------ ----------- ------------ ---------- Income (loss) before benefit for income taxes, minority interests, equity in earnings of non-consolidated entities and discontinued operations (11,553) 2,356 (3,476) 21,223 Benefit for income taxes 261 105 238 150 Minority interests (381) (500) (1,611) (2,655) Equity in earnings of non-consolidated entities 1,111 1,132 4,186 6,220 ---------- ---------- ---------- ---------- Income (loss) from continuing operations (10,562) 3,093 (663) 24,938 ----------- ---------- ----------- ---------- Discontinued operations, net of minority interest and taxes: Income from discontinued operations 1,571 1,408 4,853 8,206 Debt satisfaction (charge) gain, net (1,287) (671) 3,626 (725) Impairment charges -- (10,502) (21,612) (11,302) Gains on sales of properties 4,029 4,922 21,549 11,578 ---------- ---------- ---------- ---------- Total discontinued operations 4,313 (4,843) 8,416 7,757 ---------- ----------- ---------- ---------- Net income (loss) (6,249) (1,750) 7,753 32,695 Dividends attributable to preferred shares - Series B (1,590) (1,590) (6,360) (6,360) Dividends attributable to preferred shares - Series C (2,519) (2,519) (10,075) (10,075) ----------- ----------- ----------- ----------- Net income (loss) allocable to common shareholders $ (10,358) $ (5,859) $ (8,682) $ 16,260 =========== =========== =========== ========== Company's funds from operations(1) $ 15,060 $ 16,796 $ 81,557 $ 104,150 ========== ========== ========== ========== Per share/unit: Basic net income (loss) $ (0.20) $ (0.11) $ (0.17) $ 0.33 Diluted net income (loss) $ (0.20) $ (0.11) $ (0.17) $ 0.33 Company's funds from operations(1)-basic $ 0.24 $ 0.27 $ 1.28 $ 1.71 Company's funds from operations(1)-diluted $ 0.24 $ 0.27 $ 1.28 $ 1.70
1 LEXINGTON REALTY TRUST AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (dollars in thousands)
12/31/06 12/31/05 -------- -------- Real estate, at cost $ 3,747,156 $ 1,883,115 Accumulated depreciation (276,129) (241,188) Investment in joint ventures 247,045 191,146 Properties held for sale - discontinued operations 69,612 49,397 Intangible assets, net 468,244 128,775 Cash and cash equivalents 97,547 53,515 Deferred expenses, net 16,084 13,582 Rent receivable 53,744 7,673 Rent receivable - deferred 29,410 24,778 Notes receivable 50,534 11,050 Marketable securities 32,036 -- Other assets 89,574 38,389 --------- ----------- $ 4,624,857 $ 2,160,232 ========= =========== Mortgages and notes payable $ 2,123,174 $ 1,139,971 Contract rights payable 12,231 -- Liabilities - discontinued operations 6,064 32,145 Dividends payable 44,948 -- Deferred revenue 362,815 6,271 Prepaid rent 10,109 10,054 Other liabilities 40,331 19,109 Minority interests 902,741 61,372 Shareholders' equity 1,122,444 891,310 --------- ----------- $ 4,624,857 $ 2,160,232 ========= =========== Common shares 69,052 52,156 Preferred shares - Series B 3,160 3,160 Preferred shares - Series C 3,100 3,100 Operating partnership units 41,191 5,720
1. Lexington believes that funds from operations ("FFO") is a widely recognized and appropriate measure of the performance of an equity REIT. Lexington presents FFO because it considers FFO an important supplemental measure of Lexington's operating performance. Lexington believes FFO is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, many of which present FFO when reporting their results. FFO is intended to exclude generally accepted accounting principles ("GAAP") historical cost depreciation and amortization of real estate and related assets, which assumes that the value of real estate diminishes ratably overtime. Historically, however, real estate values have risen or fallen with market conditions. As a result, FFO provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, development activities, interest costs and other matters without the inclusion of depreciation and amortization, providing perspective that may not necessarily be apparent from net income. Lexington computes FFO in accordance with standards established by the National Association of Real Estate Investment Trusts, Inc. ("NAREIT"). FFO is defined by NAREIT as "net income (or loss) computed in accordance with GAAP, excluding gains (or losses) from sales of property, plus real estate depreciation and amortization and after adjustments for unconsolidated partnerships and joint ventures." FFO does not represent cash generated from operating activities in accordance with GAAP and is not indicative of cash available to fund cash needs. FFO should not be considered as an alternative to net income as an indicator of our operating performance or as an alternative to cash flow as a measure of liquidity. Lexington includes in its calculation of FFO, which as included Lexington refers to as the "Company's funds from operations" or "Company FFO," Lexington's operating partnership units and Lexington's Series C Cumulative 2 Convertible Preferred Shares because these securities are convertible, at the holder's option, into Lexington's common shares. Management believes this is appropriate and relevant to securities analysts, investors and other interested parties because it presents Company FFO on a company-wide basis as if all securities that are convertible, at the holder's option, into Lexington's common shares, are converted. Since others do not calculate FFO in a similar fashion, Company FFO may not be comparable to similarly titled measures as reported by others. 3 LEXINGTON REALTY TRUST JOINT VENTURE PROPORTIONATE SHARE COMBINED CONDENSED STATEMENT OF INCOME (dollars in thousands)
Three Months Ended Twelve Months Ended December 31, 2006 December 31, 2006 Gross revenues $ 12,930 $ 50,673 ---------- ---------- Depreciation and amortization 5,244 21,497 Interest and amortization 4,610 18,510 Other income and expenses, net 2,096 7,460 ---------- ---------- Expenses 11,950 47,467 ---------- ---------- Net income $ 980 $ 3,206 ========== ==========
Lexington Realty Trust 2006 Fourth Quarter Transaction Summary ($000's)
Acquisitions Average Current Annual Average Annual Current Property Capitalized GAAP GAAP Cash Cash Lease Tenants/Guarantors Location Type Costs Rent, net Yield Rent, net Yield Term ------------------ -------- ---- ----- --------- ----- --------- ----- ---- Hnedak Bobo Group Inc. (1) Memphis, TN Office $ 5,353 $ 501 9.4 % 484 9.0 % 10-16 Northrop Grumman Systems Corporation(1) Pascagoula, MS Office 6,442 679 10.5 679 10.5 10-08 Hagemeyer North American, Inc. Charleston, SC Office 10,560 840 8.0 763 7.2 07-20 CAE SimuFlite, Inc. (1) Whippany, NJ Office 24,457 2,327 9.5 2,231 9.1 11-21 BMW Financial Services NA, LLC Hilliard, OH Office 36,239 2,591 7.1 2,541 7.0 02-21 Multi - tenant (48 tenants) Honolulu, HI Office 35,063 2,178 6.2 2,178 6.2 Various ------ ----- --- ----- --- $ 118,114 $ 9,116 7.7 % $ 8,876 7.5 % ======= ===== === ===== ==
Dispositions Property Tenants/Guarantors Location Type Net Sale Price Net Book Value ------------------ -------- ---- -------------- -------------- Kirkland's, Inc. Jackson, TN Industrial $ 18,073 $ 14,044 ====== ======
New Leases/Lease Extensions Property Previous Extended Rent Per Square Tenants/Guarantors Location Type Term Term Annum Feet ------------------ -------- ---- ---- ---- ----- ---- Johnson Controls, Inc. Oberlin, OH Industrial 12-06 12-07 $ 748 111,160 Allied International Credit Richmond, VA Office -- 06-12 446 24,375 Honeywell International, Inc. Glendale, AZ Office 07-06 07-11 2,452 252,300 Johnson Controls, Inc. Plymouth, MI Industrial 12-06 08-07 1,033 134,160 Owens Corning, Inc. Hebron, OH Industrial 10-06 07-07 658 250,410 Fred Meyer Stores, Inc. Klamath Falls, OH Retail 03-08 03-18 1,153 178,204 Joseph Campbell Company Marshall, MI Industrial 08-07 08-08 144 53,600
New Financings Tenants/Guarantors Location Amount Rate Maturity Date ------------------ -------- ------ ---- ------------- Parkway Chevrolet, Inc. (1) Tomball, TX $ 9,425 6.06% 11-16 CAE SimuFlite, Inc. (1) Whippany, NJ 16,900 6.30% 11-21 BMW Financial Services NA, LLC Hilliard, OH 28,960 5.91% 02-21 Hnedak Bobo Group, Inc. (1) Memphis, TN 3,951 5.71% 01-17 ----- ---- $59,236 6.03% ====== ====
(1) The Company currently has a 76% interest in this property. 5 Lexington Realty Trust 2006 Third Quarter Transaction Summary ($000's)
Acquisitions Average Current Annual Average Annual Current Property Capitalized GAAP GAAP Cash Cash Lease Tenants/Guarantors Location Type Costs Rent, net Yield Rent, net Yield Term ------------------ -------- ---- ----- --------- ----- --------- ----- ---- Parkway Chevrolet, Inc. (2) Tomball, TX Specialty $ 14,718 $ 1,488 10.1 % $ 1,227 8.3 % 08-26 ====== ===== ==== ===== ===
Dispositions Property Tenants/Guarantors Location Type Net Sale Price Net Book Value ------------------ -------- ---- -------------- -------------- Vacant Phoenix, AZ Office $ 2,845 $ 930 ===== ===
New Leases/Lease Extensions Property Previous Extended Rent Per Square Tenants/Guarantors Location Type Term Term Annum Feet ------------------ -------- ---- ---- ---- ----- ---- Citibank(1) San Francisco, CA Office -- 08-11 $ 105 6,545 Exel Logistics, Inc. (NFC plc) Mechanicsburg, PA Industrial 12-07 12-12 866 252,000 Exel Logistics, Inc. (NFC plc) New Kingston, PA Industrial 11-06 12-06 599 179,200 Exel Logistics, Inc. (NFC plc) New Kingston, PA Industrial 11-06 05-07 1,270 330,000 TFC Services/(Freeman Decorating Co.) Dallas, TX Office -- 01-19 1,499 108,565
New Financings Tenants/Guarantors Location Amount Rate Maturity Date ------------------ -------- ------ ---- ------------- Avnet, Inc. Phoenix, AZ $19,250 6.27% 09-13 Bay Valley Foods, LLC (2) Plymouth, IN 6,675 6.32% 09-16 Corning, Inc. (1) Erwin, NY 9,500 5.91% 10-18 ----- ----- $ 35,425 6.18% ====== =====
Mortgage Investment Borrower Location Interest Rate Invested Amount Maturity -------- -------- ------------- --------------- -------- JR Boudreaux (2) Tomball, TX Libor + 300bps $ 1,750 08-11
(1) The Company has a 30% interest in this property. (2) The Company had a 32.3% interest in this property. 6 Lexington Realty Trust 2006 Second Quarter Transaction Summary ($000's)
Acquisitions Average Current Annual Average Annual Current Property Capitalized GAAP GAAP Cash Cash Lease Tenants/Guarantors Location Type Costs Rent, net Yield Rent, net Yield Term ------------------ -------- ---- ----- --------- ----- --------- ----- ---- Haggar Clothing Corporation (1) Dallas, TX Office $28,340 $2,272 8.0% $2,083 7.4% 04-16 American Golf Corporation (2) Oklahoma Specialty 5,294 475 9.0 475 9.0 12-17 City, OK Montgomery County Management LLC (2) Houston , TX Office 10,010 807 8.1 718 7.2 10-19 Corning, Inc. (1) Erwin, NY Industrial 13,399 1,084 8.1 1,084 8.1 07-16 Bay Valley Foods, LLC (2) Plymouth, IN Industrial 8,984 802 8.9 763 8.5 06-15 ----- --- --- ----- --- $66,027 $5,440 8.2% $5,123 7.8% ====== ===== ==== ===== === Dispositions Property Tenants/Guarantors Location Type Net Sale Price Net Book Value ------------------ -------- ---- -------------- -------------- Associated Grocers of Florida, Inc. Ocala, FL Industrial $28,972 $18,694 Physical Fitness Center of Voorhees, NJ Retail 5,950 3,238 Philadelphia, Inc. (Bally Total Fitness Corp.) Stone Container Corporation Columbia, SC Industrial 5,628 4,607 Vacant(4) Phoenix, AZ Office 4,284 4,011 Vacant(3) Milpitas, CA Office -- -- ------ ------ $44,834 $30,550 ====== ====== New Leases Property Previous Extended Rent Per Tenants/Guarantors Location Type Term Term Annum Square Feet ------------------ -------- ---- ---- ---- ----- ----------- FTJ FundChoice, LLC Hebron, KY Office -- 09-12 $ 52 9,164 WM Wright Co. (1) Antioch, TN Industrial -- 03-21 1,016 338,700 New Financings Tenants/Guarantors Location Amount Rate Maturity Date ------------------ -------- ------ ---- ------------- Montgomery County Management LLC (2) Houston, TX $7,500 6.51% 11/19 Haggar Clothing Corporation (1) Dallas, TX 18,363 6.10% 07/16 Oce Printing Systems USA, Inc. Boca Raton, FL 20,400 6.47% 02/20 ------ ----- $46,263 6.33% Mortgage Investment Borrower Location Face Rate Effective Rate Invested Amount Face Amount -------- -------- --------- -------------- --------------- ----------- Northwestern Holding Corp. Southfield, MI 4.55% 7.50% $11,151 $13,027 Bankruptcy Claim Receipts Tenants Location Claim Proceeds ------- -------- -------------- Dana Corporation (1) Antioch, TN $5,680 Dana Corporation Farmington Hills, MI 5,376 ----- $11,056 ======
(1) The Company has a 30% interest in this property. (2) The Company had a 32.3% interest in this property. (3) The Company completed a foreclosure with lender resulting in a $6,289 gain. (4) The Company sold a sub-divided portion of the property, remaining parcel under contract for sale. 7 Lexington Realty Trust 2006 First Quarter Transaction Summary ($000's)
Acquisitions Average Current Annual Average Annual Current Property Capitalized GAAP GAAP Cash Cash Lease Tenants/Guarantors Location Type Costs Rent, net Yield Rent, net Yield Term ------------------ -------- ---- ----- --------- ----- --------- ----- ---- AS Watson(1) Renswoude, The Netherlands Office $ 39,291 $ 2,294 5.8% $ 2,851 7.3% 12-11 & 06-18 Dana Corporation(2) Crossville, TN Industrial 4,776 460 9.6 460 9.6 08-16 --------- -------- --- ------- --- $ 44,067 $ 2,754 6.2% $ 3,311 7.5% ========= ======== === ======= === Dispositions Property Tenants/Guarantors Location Type Net Sale Price Net Book Value ------------------ -------- ---- -------------- -------------- The Dial Corporation Scottsdale, AZ Office $ 22,563 $ 22,314 Bally Total Fitness Corp. Countryside, IL Retail 5,698 3,293 --------- --------- $ 28,261 $ 25,607 ========= ========= New Leases Property Previous Extended Rent Per Tenants/Guarantors Location Type Term Term Annum Square Feet ------------------ -------- ---- ---- ---- ----- ----------- The Visiting Nurse Association of Texas Dallas, TX Office -- Jun-16 $ 615 48,027 New Financings Tenants/Guarantors Location Amount Rate Maturity Date ------------------ -------- ------ ---- ------------- Harbor Freight Tools USA, Inc. Dillon, SC $ 23,750 5.97% Feb-22 (i) Structure, LLC (Infocrossing, Inc.)(2) Omaha, NE 9,000 5.61 Apr-16 (i) Structure, LLC (Infocrossing, Inc.)(2) Tempe, AZ 8,500 5.61 Apr-16 AS Watson(1) Renswoude, The Netherlands 33,136 5.31 Apr-11 -------- ---- $ 74,386 5.59% ======== =====
(1) Lexington has a 90% interest in this property. (2) Lexington has a 32.3% interest in this property. 8 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
------------------------------ ---------------------------- ------------- -------------- -------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage ------------------------------ ---------------------------- ------------- -------------- -------------- Office 295 Chipeta Way Northwest Pipeline Corp. $ 6,321 $ 6,321 295,000 Salt Lake City, UT 10001 Richmond Avenue Baker Hughes, Inc. 6,025 7,371 554,385 Houston, TX 6303 Barfield Road & 859 Internet Security Systems, 6,303 6,077 289,000 Mount Vernon Hwy. Inc. Atlanta, GA 1701 Market Street Morgan Lewis & Bockius 4,847 4,856 321,815 Philadelphia, PA LLP(1) (3) 3480 Stateview Blvd. Wells Fargo Bank N.A. 3,229 3,449 169,218 Fort Mill, SC 33 Commercial Street Invensys Systems, Inc. 3,306 3,306 164,689 Foxboro, MA (Siebe, Inc.) 3476 Stateview Boulevard Wells Fargo Home 2,884 3,021 169,083 Fort Mill, SC Mortgage, Inc. 9950 Mayland Drive Circuit City Stores, Inc. 2,860 2,791 288,562 Richmond, VA 1415 Wyckoff Road New Jersey Natural Gas Co. 2,923 2,923 157,511 Wall Township, NJ 2750 Monroe Boulevard Quest Diagnostics, Inc. 2,521 2,554 109,281 Valley Forge, PA 700 Oakmont Lane North American Van Lines, 2,438 2,571 269,715 Westmont, IL Inc. (SIRVA, Inc.) 70 Mechanic Street Invensys Systems, Inc. 2,930 2,562 251,914 Foxboro, MA (Siebe, Inc.) 13651 McLearen Road Boeing North American 2,766 2,471 159,664 Herndon, VA Services, Inc. (The Boeing Company) 1311 Broadfield Blvd. Transocean, Inc. 2,284 2,277 103,260 Houston, TX Newpark Resources, Inc. 1,130 1,137 52,731 601 & 701 Experian Pkwy. TRW Inc. (Experian 3,663 3,374 292,700 Dallas, TX Information Solutions, Inc.) 2211 South 47th Street Avnet, Inc. 2,205 2,259 176,402 Phoenix, AZ 5600 Broken Sound Blvd Oce Printing Systems USA, 2,012 2,245 143,290 Boca Raton, FL Inc. 4200 RCA Boulevard The Wackenhut Corp. 2,181 2,167 114,518 Palm Beach Gardens, FL 701 Brookfield Parkway Verizon Wireless 2,011 2,067 192,884 Greenville, SC 19019 No. 59th Avenue Honeywell, Inc. 2,009 2,197 252,300 Glendale, AZ
9 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
-------------------------------- ---------------------------- -------------- ------------- --------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage -------------------------------- ---------------------------- -------------- ------------- --------------- 4201 Marsh Lane Carlson Restaurants 1,868 1,975 130,000 Carrollton, TX Worldwide, Inc. 12645 W. Airport Road Baker Hughes, Inc. 1,709 1,940 165,836 Sugar Land, TX 26210 and 26220 Enterprise Apria Healthcare Group, 1,752 1,792 100,012 Court Inc. Lake Forest, CA 10475 Crosspoint Blvd. John Wiley & Sons, Inc. 2,397 2,397 141,047 Indianapolis, IN 2210 Enterprise Drive Washington Mutual Home 1,750 1,699 177,747 Florence, SC Loans, Inc. 27404 Drake Road Vacant (4) 971 908 111,454 Farmington Hills, MI 200 Executive Blvd. S Hartford Fire Insurance 1,679 1,625 153,364 Southington, CT Co. 810 & 820 Gears Road IKON Office Solutions, 2,229 2,251 157,790 Houston, TX Inc. 1600 Eberhardt Road Nextel of Texas 1,511 1,559 108,800 Temple, TX 2999 SW 6th St. Voice Stream PCS I LLC 1,335 1,552 77,484 Redmond, OR (T-Mobile USA, Inc.) 160 Clairemont Avenue Allied Holdings, Inc. 1,677 1,530 112,248 Decatur, GA 27016 Media Center Drive Playboy Enterprises, Inc. 1,339 1,257 63,049 Los Angeles, CA Sony Electronics, Inc. 265 271 20,203 2800 Waterford Lake Dr. Alstom Power, Inc. 1,808 2,015 99,057 Richmond, VA 26555 Northwestern Highway Federal-Mogul Corporation 1,158 1,418 187,163 Southfield, MI 4848 129th East Ave. Metris Companies, Inc. (7) 570 570 101,100 Tulsa, OK 10419 North 30th Street Time Customer Service, Inc. 1,490 1,410 132,981 Tampa, FL (Time, Inc.) 250 Rittenhouse Circle Jones Apparel Group 1,265 1,385 255,019 Bristol, PA USA, Inc. (Jones Apparel Group, Inc.) 8555 South River Pkwy. ASM Lithography Holding 2,130 1,841 95,133 Tempe, AZ NV 400 Butler Farm Road Nextel Communications of 1,315 1,302 100,632 Hampton, VA the Mid-Atlantic, Inc. (Nextel Finance Company) 16676 Northchase Dr. Kerr-McGee Corporation 1,559 1,627 101,111 Houston, TX
10 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
------------------------------ ----------------------------- ---------------- ------------- ---------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage ------------------------------ ----------------------------- ---------------- ------------- ---------------- 5757 Decatur Blvd. Allstate Insurance Co. 1,246 1,548 84,200 Indianapolis, IN Damar Services, Inc. 66 66 5,756 6200 Northwest Pkwy. PacifiCare Health Systems, 1,640 1,621 142,500 San Antonio, TX Inc. 4000 Johns Creek Pkwy. Kraft Foods N.A., Inc. 1,340 1,385 73,264 Atlanta, GA PerkinElmer Instruments 211 232 13,955 LLC 6455 State Hwy 303 NE Nextel West Corporation 1,042 1,113 60,200 Bremerton, WA 270 Billerica Road Cadence Design Systems 1,015 1,065 100,000 Chelmsford, MA 2550 Interstate Dr. AT&T Wireless Services, 1,433 1,449 81,859 Harrisburg, PA Inc. 180 Rittenhouse Circle Jones Apparel Group 957 970 96,000 Bristol, PA USA, Inc. (Jones Apparel Group, Inc.) 2529 West Thorns Drive Baker Hughes, Inc. 686 846 65,500 Houston, TX 12000 Tech Center Drive Kelsey-Hayes Company 787 823 80,230 Livonia, MI 2401 Cherahala Boulevard Advance PCS, Inc. 786 822 59,748 Knoxville, TN 1275 NW 128th Street Principal Life Insurance 799 787 61,180 Clive, IA Company 13430 N. Black Canyon Freeway Bull HN Information Phoenix, AZ Systems, Inc. 784 836 69,492 Associated Billing 125 281 17,767 Services, LLC VACANT -- -- 49,799 12600 Gateway Blvd. Gartner, Inc. 1,059 1,120 62,400 Fort Meyers, FL 421 Butler Farm Road Nextel Communications of 738 719 56,515 Hampton, VA the Mid-Atlantic, Inc. (Nextel Finance Company) 3940 South Teller St. Travelers Express, Inc. 1,091 866 68,165 Lakewood, CO 100 Barnes Road Minnesota Mining and 581 606 44,400 Wallingford, CT Manufacturing Company 1440 East 15th Street Cox Communications, Inc. 465 457 28,591 Tucson, AZ 250 Turnpike Road Honeywell Consumer 459 459 57,698 Southborough, MA Products 11555 University Blvd. Kelsey-Seybold Clinic 1,114 1,230 72,683 Sugarland, TX (St. Luke's Episcopal Health System)
11 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
------------------------------ --------------------------- ---------------- ------------- ---------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage ------------------------------ --------------------------- ---------------- ------------- ---------------- Nijborg 15 & 17, 3927 DA AS Watson (Health & Beauty 2,747 2,182 122,450 Renswoude, The Netherlands Continental Europe)(2) 2300 Litton Lane AGC Automotive Americas 204 212 21,542 Hebron, KY Co FTJ FundChoice, LLC -- 21 9,164 VACANT -- -- 49,714 1600 Viceroy Drive The Visiting Nurse 234 465 48,027 Dallas, TX Association of Texas TFC Services -- 362 108,565 (Freeman Decorating Co.) VACANT -- -- 92,860 104 and 110 South Front St. Hnedak Bobo Group, Inc. 81 84 37,229 Memphis, TN (7) 3943 Denny Avenue Northrop Grumman Systems 125 125 94,841 Pascagoula, MS Corp. (7) 1460 Tobias Gadsen Boulevard Hagemeyer North 125 138 50,076 Charleston, SC American, Inc. 29 South Jefferson Road CAE SimuFlite, Inc. (7) 285 297 76,363 Whippany, NJ 26410 McDonald Road Montgomery County 222 249 41,000 Houston, TX Management LLC (7) 2005 East Technology Circle (i) Structure, LLC 491 491 60,000 Tempe, AZ (Infocrossing, Inc.) (7) 11707 Miracle Hills Drive (i) Structure, LLC, 509 509 86,800 Omaha, NE (Infocrossing , Inc.) (7) 2310 Village Square Pkwy. AmeriCredit Corporation 638 532 85,000 Jacksonville, FL (7) 1409 Centerpoint Blvd. Alstom Power, Inc. (7) 637 713 84,404 Knoxville, TN King Street Multi -tenant (6) 33 33 211,831 Honolulu, HI 5550 Britton Parkway BMW Financial 82 84 220,966 Hilliard, OH Services NA, LLC --------------------------- ---------------- ------------- ---------------- Office Subtotal $ 123,462 $ 126,118 10,071,886 --------------------------- ---------------- ------------- ---------------- Industrial ---------- 541 Perkins Jones Road Kmart Corp. $ 9,360 $ 8,932 1,462,642 Warren, OH 19500 Bulverde Road Harcourt Brace & Company 3,229 3,429 559,258 San Antonio, TX (Reed Elsevier, Inc.) 2425 Highway 77 North James Hardie Building 3,400 3,400 425,816 Waxahachie, TX Products, Inc. (James Hardie Industries NV) 3501 West Avenue H Michaels Stores, Inc. 3,237 3,304 762,775 Lancaster, CA
12 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
------------------------------ --------------------------- ---------------- ------------- ---------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage ------------------------------ --------------------------- ---------------- ------------- ---------------- 9110 Grogans Mill Road Baker Hughes, Inc. 2,485 3,061 275,750 Houston, TX 159 Farley Drive Harbor Freight Tools 2,775 3,041 1,010,859 Dillon, SC USA, Inc. (Central Purchasing, Inc.) 590 Ecology Lane Owens Corning 2,185 2,185 420,597 Chester, SC 6345 Brackbill Boulevard Exel Logistics, Inc. 2,037 1,852 507,000 Mechanicsburg, PA (NFC plc) 3820 Micro Drive Ingram Micro, Inc. 2,149 2,309 701,819 Millington, TN 750 N. Black Branch Road Dana Corporation 2,838 2,838 539,592 Elizabethtown, KY 6938 Elm Valley Dr. Dana Corporation 1,843 1,843 150,945 Kalamazoo, MI 4425 Purks Road Vacant(5) 786 764 183,717 Auburn Hills, MI 6 Doughten Road Exel Logistics, Inc. 1,469 1,361 330,000 New Kingston, PA (NFC plc) 6500 Adelaide Court Anda Pharmaceuticals, Inc. 1,224 1,174 354,676 Groveport, OH (Andrx Corporation) 7500 Chavenelle Road The McGraw-Hill 1,089 1,164 330,988 Dubuque, IA Companies, Inc. 12025 Tech Center Drive Kelsey-Hayes Company 1,082 1,139 100,000 Livonia, MI 250 Swathmore Avenue Steelcase, Inc. 1,037 1,087 244,851 High Point, NC Moody Commuter & Tech Park TNT Logistics North 1,054 1,054 595,346 Moody, AL America, Inc. (TPG N.V.) 3102 Queen Palm Drive Time Customer Service, 1,037 1,010 229,605 Tampa, FL Inc. (Time, Inc.) 2280 Northeast Drive Ryder Integrated 998 1,004 276,480 Waterloo, IA Logistics, Inc. (Ryder Systems, Inc.) 245 Salem Church Road Exel Logistics, Inc. 986 920 252,000 Mechanicsburg, PA (NFC plc) 359 Gateway Drive TI Group Automotive 523 523 133,221 Systems, Livonia, GA LLC (7) 900 Industrial Boulevard Dana Corporation (7) 241 241 222,200 Crossville, TN 2935 Van Vactor Way Bay Valley Foods, LLC (7) 211 222 300,500 Plymouth, IN
13 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
------------------------------ ------------------------ ----------------- ------------- --------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage ------------------------------ ------------------------ ----------------- ------------- --------------- 200 Arrowhead Drive Owens Corning 1,027 985 400,522 Hebron, OH 3600 Southgate Drive Sygma Network, Inc. 933 933 149,500 Danville, IL 46600 Port Street Johnson Controls, Inc. 966 966 134,160 Plymouth, MI 301 Bill Breyer Road Dana Corporation 1,530 1,530 424,904 Hopkinsville, KY 450 Stern Street Johnson Controls, Inc. 730 730 111,160 Oberlin, OH 1133 Poplar Creek Road Corporate Express 789 810 196,946 Henderson, NC Office Products, Inc. (Buhrmann, N.V.) 10000 Business Boulevard Dana Corporation 1,346 1,346 336,350 Dry Ridge, KY 7670 Hacks Cross Road Dana Corporation 900 859 268,100 Olive Branch, MS 34 East Main Street Exel Logistics, Inc. 720 659 179,200 New Kingston, PA (NFC plc) 191 Arrowhead Drive Owens Corning 658 642 250,410 Hebron, OH 904 Industrial Road Tenneco Automotive 595 600 195,640 Marshall, MI Operating Company, Inc. (Tenneco Automotive, Inc.) 109 Stevens Street Unisource Worldwide, 591 588 168,800 Jacksonville, FL Inc. 1901 49th Avenue Owens Corning 560 560 18,620 Minneapolis, MN 7150 Exchequer Drive Corporate Express 438 439 79,086 Baton Rouge, LA Office Products, Inc. (Buhrmann, N.V.) 4010 Airpark Drive Dana Corporation 1,032 1,032 251,041 Owensboro, KY
14 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
--------------------------- ---------------------------- ---------------- --------------- -------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage --------------------------- ---------------------------- ---------------- --------------- -------------- 324 Industrial Park Road SKF USA, Inc. 395 395 72,868 Franklin, NC 187 Spicer Drive Dana Corporation 355 341 148,000 Gordonsville, TN 730 N. Black Branch Road Dana Corporation 537 537 167,770 Elizabethtown, KY 3350 Miac Cove Road Mimeo.com, Inc. 283 370 107,400 Memphis, TN VACANT -- -- 33,959 300 McCormick Road Ameritech Services, Inc. 127 155 20,000 Columbus, OH 1601 Pratt Avenue Joseph Campbell Company 141 141 58,300 Marshall, MI 477 Distribution Pkwy. Federal Express Corporation 280 336 120,000 Collierville, TN ---------------------------- ---------------- --------------- -------------- Industrial Subtotal $ 62,208 $ 62,811 14,263,373 ---------------------------- ---------------- --------------- -------------- Retail/Other 2655 Shasta Way Fred Meyer, Inc. $ 1,009 $ 1,047 178,204 Klamath Falls, OR Fort Street Mall, King Liberty House, Inc. 990 971 85,610 Street Honolulu, HI 150 N.E. 20th Street Fred Meyer, Inc. 826 826 118,179 Newport, OR 35400 Cowan Road Sam's Real Estate 753 753 102,826 Westland, MI Business Trust 4733 Hills & Dales Road Scandinavian Health Spa, 745 685 37,214 Canton, OH Inc. (Bally Total Fitness Corp.) 4831 Whipple Avenue, N.W. Best Buy Co., Inc. 465 465 46,350 Canton, OH 11411 N. Kelly Avenue American Golf Corporation (7) 149 149 13,924 Oklahoma City, OK 25500 State Hwy 249 Parkway Chevrolet, Inc. (7) 278 337 77,076 Tomball, TX 77375
15 Lexington Realty Trust Supplemental Reporting Package Property Holdings 12/31/06
--------------------------- ---------------------------- ---------------- --------------- -------------- YTD YTD Base Cash Base GAAP Revenue Revenue Square Property Location Tenant (Guarantor) ($000) ($000) Footage --------------------------- ---------------------------- ---------------- --------------- -------------- 3711 Gateway Drive Kohl's Dept. Stores, Inc. 469 463 76,164 Eau Claire, WI 399 Peach Wood Centre Dr. Best Buy Co., Inc. 395 395 45,800 Spartanburg, SC 12535 S.E. 82nd Avenue Toys "R" Us, Inc. 358 333 42,842 Clackamas, OR 24100 Laguna Hills Mall Federated Department 323 349 160,000 Laguna Hills, CA Stores, Inc. 18601 Alderwood Mall Toys "R" Us, Inc. 330 298 43,105 Boulevard Lynwood, WA 6910 S. Memorial Highway Toys "R" Us, Inc. 302 273 43,123 Tulsa, OK 9580 Livingston Road GFS Realty, Inc. 205 274 107,337 Oxon Hill, MD (Giant Food, Inc.) 121 South Center Street Greyhound Lines, Inc. 216 216 17,000 Stockton, CA 2401 Wooton Parkway GFS Realty, Inc. 115 152 51,682 Rockville, MD (Giant Food, Inc.) ---------------------------- --------------- ---------------- -------------- Retail/ Other Subtotal $ 7,928 $ 7,986 1,246,436 ---------------------------- --------------- ---------------- -------------- ---------------------------- --------------- ---------------- -------------- Grand Total $ 193,598 $ 196,915 25,581,695 ---------------------------- --------------- ---------------- --------------
(1) Company has an 80.5% economic interest in this property. (2) Company has a 90.0% economic interest in this property. (3) Includes 12,766 square feet of retail space leased to 3 tenants. (4) Tenant rejected lease in bankruptcy and property was vacant commencing June 30, 2006. GAAP rent does not reflect accelerated amortization of $2,349. (5) Tenant lease expired in July 2006, and the property is currently vacant. (6) Includes approximately 50 tenants, 98.5% leased. (7) Amounts include GAAP revenue since date of property being consolidated (11/1/06) plus proportionate share of GAAP revenue for 1/1/06 through 10/31/06. 16 Lexington Realty Trust Supplemental Reporting Package Joint Venture Property Holdings 12/31/06
--------------------------- ---------------------------- ----------------- -------------- -------------- ------------ YTD YTD Base Cash Base GAAP Revenue Revenue Square LXP Property Location Tenant (Guarantor) ($000) ($000) Footage Ownership --------------------------- ---------------------------- ----------------- -------------- -------------- ------------ Office 389-399 Interpace Highway Aventis Pharmaceuticals, $ 9,226 $ 8,700 340,240 33.33% Morris Corporate Center IV Inc Parsippany, NJ (Pharma Holdings GmbH) 17 Technology Circle Blue Cross Blue Shield 7,377 6,930 456,304 40.00% Columbia, SC of South Carolina Inc. 275 South Valencia Ave. Bank of America NT & SA 7,574 9,106 637,503 25.00% Los Angeles, CA 100 Wood Hollow Drive Greenpoint Mortgage 4,635 4,864 124,600 30.00% Novato, CA Funding, Inc. 6555 Sierra Drive True North Communications 4,462 4,250 247,254 33.33% Irving, TX Inc. 101 East Erie Building Foote, Cone & Belding 3,940 3,940 203,376 30.00% Chicago, IL (Interpublic Group of Companies, Inc.) Higgins Development 118 120 19,089 Partners Lexington Realty Trust 37 37 2,100 5200 Metcalf Avenue GE Insurance Solutions 4,079 4,079 320,198 25.00% Overland Park, KS (Employers Reinsurance Corporation) 27027 Tourney Road Specialty Laboratories, 3,563 3,563 187,262 30.00% Santa Clarita, CA Inc. 8900 Freeport Pkwy. Nissan Motor Acceptance 4,505 4,810 268,445 30.00% Irving, TX Corporation/ (Nissan North America, Inc.) 15375 Memorial Drive Vastar Resources, Inc. 3,485 3,437 327,325 33.33% Houston, TX 10300 Kincaid Drive Bank One Indiana, N.A. 3,381 3,287 193,000 33.33% Fishers, IN 10300 Town Park Drive Veritas DGC, Inc. 3,114 3,249 218,641 30.00% Houston, TX 600 Business Center Drive First USA Management 2,990 2,921 125,155 33.33% Lake Mary, FL Services, Inc. 550 Business Center Drive First USA Management 2,891 2,820 125,920 33.33% Lake Mary, FL Services, Inc. 10940 White Rock Road Progressive Casualty 2,740 2,804 158,582 30.00% Rancho Cordova, CA Insurance 10929 Disk Drive Company 2000 Eastman Drive Structural Dynamic 2,830 2,790 212,836 33.33% Milford, OH Research Corp. 3701 Corporate Drive Motorola, Inc. 2,714 2,714 119,829 33.33% Farmington Hills, MI 2050 Roanoke Road Chrysler Financial Company 3,189 3,540 130,290 30.00% Westlake, TX LLC
17 Lexington Realty Trust Supplemental Reporting Package Joint Venture Property Holdings 12/31/06
---------------------------- --------------------------- ----------------- -------------- -------------- --------------- YTD YTD Base Cash Base GAAP Square Revenue Revenue LXP Property Location Tenant (Guarantor) ($000) ($000) Footage Ownership ---------------------------- --------------------------- ----------------- -------------- -------------- --------------- 1401 & 1501 Nolan Ryan Siemens Dematic Postal 2,385 2,533 236,547 25.00% Parkway Automation, L.P. Arlington, TX 9201 East Dry Creek Road The Shaw Group, Inc. 2,082 2,507 128,500 30.00% Centennial, CO 110, 120 & 130 E. Shore Capital One Services, Inc. 2,842 2,889 225,220 30.00% Dr. Glen Allen, VA 1475 Dunwoody Drive ING USA Annuity and Life 2,063 2,038 125,000 30.00% West Chester, PA Insurance Company 13775 McLearen Road Equant N.V. 1,868 2,030 125,293 30.00% Herndon, VA 70 Valley Stream Parkway IKON Office Solutions, Inc. 1,938 1,995 106,855 30.00% Malvern, PA 5150 220th Avenue Spacelabs Medical, Inc 1,925 1,949 106,944 25.00% Issaquah, WA (OSI Systems, Inc.) 9201 Stateline GE Insurance Solutions 1,930 1,930 166,641 25.00% Kansas City, MO (Employers Reinsurance Corporation) 22011 SE 51st Street Spacelabs Medical, Inc 1,763 1,667 95,600 25.00% Issaquah, WA (OSI Systems, Inc.) 1110 Bayfield Drive Honeywell International, 1,635 1,637 166,575 33.33% Colorado Springs, CO Inc. 3601 Converse Drive Verizon Wireless 1,533 1,624 160,500 25.00% Wilmington, NC 275 Technology Drive ANSYS, Inc. 1,241 1,354 107,872 30.00% Canonsburg, PA 9601 Renner Blvd. Voicestream PCS II 1,200 1,352 77,484 25.00% Lenexa, KS Corporation (T-Mobile USA, Inc.) 3265 East Goldstone Drive Voicestream PCS II 1,179 1,320 77,484 25.00% Meridian, ID Corporation (T-Mobile USA, Inc.) 3201 Quail Springs Pkwy. AT& T Wireless Services, Inc. 1,346 1,365 103,500 40.00% Oklahoma City, OK Jordan Associates, Inc. 332 332 25,000 200 Lucent Lane Lucent Technologies, Inc. 2,041 1,643 124,944 30.00% Cary, NC 4455 American Way Bell South Mobility, 1,037 1,090 70,100 30.00% Baton Rouge, LA Inc. 3711 San Gabriel Voice Stream PCS II LLC 900 984 75,016 30.00% Mission, TX (T-Mobile USA, Inc.)
18 Lexington Realty Trust Supplemental Reporting Package Joint Venture Property Holdings 12/31/06
------------------------- ---------------------------- ---------------- --------------- -------------- -------------- YTD Base Cash YTD Revenue Base GAAP Square LXP Property Location Tenant (Guarantor) ($000) Revenue ($000) Footage Ownership ------------------------- ---------------------------- ---------------- --------------- -------------- -------------- 4001 International Pkwy. Accor S.A. 2,986 3,231 138,443 25.00% Carrollton, TX (Motel 6 Operating L.P.) 350 Rhode Island Street California Culinary 2,492 2,394 103,838 30.00% San Francisco, CA Academy, LLC (Career Education Corp.) Starbucks Coffee Company 68 74 1,500 Citibank -- 25 6,545 VACANT -- -- 13,461 2500 Patrick Henry Pkwy. Georgia Power Company 1,421 1,511 111,911 25.00% McDonough, GA First Park Drive Omnipoint Holdings, Inc. 1,192 1,365 78,610 25.00% Oakland, ME (T-Mobile USA, Inc.) 11511 Luna Road Haggar Clothing Company 1,447 1,584 180,507 30.00% Farmers Branch, TX (Texas Clothing Holding Corp.) (Haggar Corporation) ---------------------------- ---------------- --------------- -------------- Office Subtotal $ 117,696 $ 120,384 7,357,839 ---------------------------- ---------------- --------------- -------------- Industrial 101 Michelin Drive TNT Logistics North $ 3,103 $ 3,227 1,164,000 33.33% Laurens, SC America, Inc. (TPG N.V.) 10345 Philipp Parkway L'Oreal USA, Inc. 2,290 2,518 649,250 25.00% Streetsboro, OH 7111 Crabb Road TNT Logistics North 2,078 2,161 752,000 33.33% Temperance, MI America, Inc. (TPG N.V.) 6050 Dana Way Vacant(1) 611 535 338,700 30.00% Antioch, TN W.M Wright Company 762 762 338,700 3600 Army Post Rd. EDS Information Services 2,663 2,856 405,000 30.00% Des Moines, IA LLC (Electronic Data Systems Corporation) 2400 West Haven Avenue Michaels Stores Procurement 1,986 1,986 693,185 30.00% New Lenox, IL Company, Inc. (Michaels Stores, Inc.)
19 Lexington Realty Trust Supplemental Reporting Package Joint Venture Property Holdings 12/31/06
-------------------------------- ---------------------------- ---------------- --------------- -------------- -------------- YTD Base Cash YTD Revenue Base GAAP Square LXP Property Location Tenant (Guarantor) ($000) Revenue ($000) Footage Ownership -------------------------------- ---------------------------- ---------------- --------------- -------------- -------------- 43955 Plymouth Oaks Tower Automotive Products 1,886 1,886 290,133 30.00% Boulevard Company Plymouth, MI (Tower Automotive, Inc.) 121 Technology Drive Heidelberg Web Systems, 1,833 1,850 500,500 33.33% Durham, NH Inc. 3225 Meridian Parkway Hagemeyer Foods, Inc. 1,482 1,609 201,845 30.00% Weston, FL 291 Park Center Drive Kraft Foods North 1,530 1,514 344,700 33.33% Winchester, VA America, Inc. 1109 Commerce Boulevard Linens-n-Things, Inc. 1,258 1,251 262,644 30.00% Logan Township, NJ 3245 Meridian Parkway Circuit City Stores, Inc. 1,047 1,169 230,600 30.00% Weston, FL 736 Addison Road Corning, Inc. 646 646 408,000 30.00% Erwin, NY ---------------------------- ---------------- --------------- -------------- Subtotal Industrial $ 23,175 $ 23,970 6,579,257 ---------------------------- ---------------- --------------- -------------- Retail 12080 Carmel Mountain Road Kmart Corporation $ 454 $ 980 107,210 30.00% San Diego, CA 5350 Leavitt Road Kmart Corporation 1,008 729 193,193 30.00% Lorain, OH 255 Northgate Drive Kmart Corporation 712 515 107,489 30.00% Manteca, CA 21082 Pioneer Plaza Drive Kmart Corporation 670 484 120,727 30.00% Watertown, NY 97 Seneca Trail Kmart Corporation 471 309 90,933 30.00% Fairlea, WV 1150 West Carl Sandburg Drive Kmart Corporation 400 289 94,970 30.00% Galesburg, IL ---------------------------- ---------------- --------------- -------------- Retail/ Other Subtotal $ 3,715 $ 3,306 714,522 ---------------------------- ---------------- --------------- -------------- ---------------------------- ---------------- --------------- -------------- Grand Total $ 144,586 $ 147,660 14,651,618 ---------------------------- ---------------- --------------- --------------
(1) Original tenant rejected the lease in bankruptcy. GAAP rent does not reflect accelerated amortization of $4,704. 20 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ------------------------------------------- ---------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ------------------------------------------- ---------------------------------- Office 12209 W. Markham Street Entergy Arkansas, Inc. 36,311 Little Rock, AR 5201 West Barraque Street Entergy Services, Inc. 27,189 Pine Bluff, AR 2200/2230 & 2222 East Imperial Highway 1 Raytheon Company 184,636 El Segundo, CA 2200/2230 & 2222 East Imperial Highway 3 Raytheon Company 184,636 El Segundo, CA 1500 Hughes Way Raytheon Company 478,437 Long Beach, CA 599 Ygnacio Valley Road Hercules Credit, Inc. 54,528 Walnut Creek, CA 5550 Tech Center Drive Federal Express Corporation 71,000 Colorado Spring, CO 10 John Street Chesebrough Ponds (Unilever United 41,188 Clinton, CT States, Inc.) 6277 Sea Harbor Drive Harcourt Brace & Company 357,280 Orlando, FL Sandlake Road/Kirkman Road Lockheed Martin Corporation 184,000 Orlando, FL 500 Jackson Street Cummins Engine Company Inc. 390,100 Columbus, IN 313 Carondelet Hibernia Corporation 222,432 New Orleans, LA 1111 Tulane Street Hibernia Corporation 180,595 New Orleans, LA 100 Light Street St. Paul Fire and Marine Insurance Co. 530,000 Baltimore, MD 3165 McKelvey Road BJC Health System 52,994 Bridgeton, MD 200 Milik Street Pathmark Stores, Inc. 96,400 Carteret, NJ 288 North Broad Street Bank of America 30,000 Elizabeth, NJ Columbia Road and Park Avenue Honeywell International Inc. 225,121 Morris Township, NJ Columbia Road and Park Avenue Honeywell International Inc. 49,791 Morris Township, NJ Columbia Road and Park Avenue Honeywell International Inc. 136,516 Morris Township, NJ Columbia Road and Park Avenue Honeywell International Inc. 316,129 Morris Township, NJ
21 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 656 Plainsboro Road Bank of America 2,000 Plainsboro, NJ 6226 West Sahara Avenue Nevada Power Company 282,000 Las Vegas, NV 9393 Springsboro Pike Reed Elsevier, Inc. 61,229 Miamisburg, OH 9393 Springsboro Pike Reed Elsevier, Inc. 85,873 Miamisburg, OH 265 Lehigh Street Wachovia Bank N.A. 71,230 Allentown, PA 207 Mockingbird lane Sun Trust Bank 63,800 Johnson City, TN 420 Riverport Road American Electric Power 42,770 Kingport, TN 3965 Airways Boulevard Federal Express Corporation 521,286 Memphis, TN 800 Ridgelake Boulevard The Kroger Co. 75,000 Memphis, TN 3535 Calder Avenue Wells Fargo & Co. 49,689 Beaumont, TX 350 Pine Street Entergy Gulf States 427,104 Beaumont, TX 1900 L. Don Dodson Drive VACANT 206,905 Bedford, TX 2010 Alderson Drive Wells Fargo & Co. 185,000 Dallas, TX 1200 Jupiter Road Raytheon Company 278,759 Garland, TX Route 64 West & Junction 333 Entergy Gulf States 191,950 Russellville, AR 101 East Washington Boulevard Bank One 69,690 Fort Wayne, IN American Electric Power 278,762 700 US Hwy Route 202-206 Biovail Pharmaceuticals, Inc. 115,558 Bridgewater, NJ 850-950 Warrenville Road National Louis University 85,532 Lisle, IL James J. Benes & Associates 6,347 PRIMMS, Inc. 7,535 333 Mt. Hope Avenue BASF Corporation 95,500 Rockway, NJ 180 South Clinton Street Frontier Corporation 226,000 Rochester, NY
22 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 17770 Cartwright Road Associates First Capital Corporation 200,000 Irvine, CA 255 California Street Multi-tenanted (1) 169,846 San Francisco, CA 5724 W. Las Positas Boulevard NK Leasehold 41,760 Pleasanton, CA 849 Front Street Multi - tenanted (2) 22,294 Evanston, WY ---------------------------------------- ----------------------------------- Office Subtotal 7,712,702 ---------------------------------------- -----------------------------------
(1) Property includes 21 tenants and is approximately 84% leased. (2) Property includes 8 tenants and is approximately 71% leased. 23 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- Industrial 1665 Hughes Way Raytheon Company 200,541 Long Beach, CA 3333 Coyote Hill Road Xerox Corporation 123,000 Palo Alto, CA 2455 Premier Drive Walgreen Co. 205,016 Orlando, FL 1901 Ragu Drive Ragu Foods, Inc. (Unilever United 443,380 Owensboro, KY States, Inc.) North Wells Road United Technologies Corp. 820,868 North Berwick, ME 75 North Street Rotron Inc. (EG&G) 52,000 Saugerties, NY US Highway 17 Food Lion, Inc. 36,828 North Myrtle Beach, SC 120 South East Parkway Drive United Technologies Corp. 289,330 Franklin, TN 3456 Meyers Avenue Sears, Roebuck & Company 780,000 Memphis,TN 300 Bennett Lane Xerox Corporation 256,000 Lewisville, TX 4400 State Road 19 Walgreen Co. 356,000 Windsor, WI 749 Southrock Drive Jacobson Warehouse Company Inc. 150,000 Rockford, IL 3686 South Central Avenue Jacobson Warehouse Company Inc. 90,000 Rockford, IL 2203 Sherrill Drive LA-Z-Boy Greenboro, Inc. 639,600 Statesville, NC (LA-Z-Boy Incorporated) 7005 Cochran Road Royal Appliance Mfg. Co. 458,000 Glen Willow, OH 1420 Greenwood Road Atlas Cold Storage America LLC 201,583 McDonough, GA 1650-1654 Williams Road ODW Logistics, Inc. 744,800 Columbus, OH 2880 Kenny Biggs Road Quickie Manufacturing Corp. 308,000 Lumberton, NC 10590 Hamilton Avenue The Hillman Group, Inc. 247,000 Cincinnati, OH ---------------------------------------- ----------------------------------- Industrial Subtotal 6,401,946 ---------------------------------------- -----------------------------------
24 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- Retail/Other 302 Croxcreek Parkway The Kroger Co. 42,130 Florence, AL 5544 Atlanta Highway Beasley Development LLC 60,698 Montgomery, AL Bisbee Naco Highway & Highway 92 Safeway Stores, Inc. 30,181 Bisbee, AZ Grant Road & Craycroft Safeway Stores, Inc. 37,268 Tucson, AZ 22765 Aspan Street Mark C. Bloome (Goodyear) 10,250 Lake Forest, CA Old Mamoth Road/Meridian Safeway Stores, Inc. 44,425 Boulevard Mammoth Lakes, CA 15745 Monterey Road Gerard Tire Services (Goodyear) 10,250 Morgan Hill, CA 1400 Stoneridge Mall Federated Department Stores 175,000 Pleasanton, CA 1631 West Redlands Boulevard Mark C. Bloome (Goodyear) 11,200 Redlands, CA 270 Fashion Valley Road Nordstrom, Inc. 225,919 San Diego, CA 315 Colorado Avenue Federated Department Stores 150,000 Santa Monica, CA 18182 Irvine Boulevard Mervyn's 72,000 Tustin, CA 34734 Alvarado Niles Road Gerard Tire Services (Goodyear) 10,800 Union City, CA 500 East Harbor Boulevard City of San Buenaventura 39,600 Venture, CA 17005 Imperial Highway Mark C. Bloome (Goodyear) 10,800 Yorba Linda., CA 15220 East 6th Avenue VACANT 41,384 Aurora, CO 12000 East Mississippi Avenue Safeway Stores, Inc. 24,000 Aurora, CO Kipling Street & Bowles Avenue VACANT 29,360 Littleton, CO 10340 U.S. 19 VACANT 53,820 Port Richey, FL
25 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 2010 Apalachee Parkway VACANT 53,820 Tallahassee, FL 2223 North Druid Hills Road Bank of America 6,260 Atlanta, GA 956 Ponce de Leon Avenue Bank of America 3,900 Atlanta, GA 4545 Chamblee - Dunwoody Road Bank of America 4,565 Chamblee, GA 201 West Main Street Bank of America 14,208 Cumming, GA 3468 Georgia Highway 120 Bank of America 9,300 Duluth, GA 1066 Main Street Bank of America 14,859 Forest Park, GA 825 Southway Drive Bank of America 4,894 Jonesboro, GA 1698 Mountain Indus. Boulevard Bank of America 5,704 Stone Mountain, GA 502 East Carmel Drive Marsh Supermarkets, Inc. 38,567 Carmel, IN 5104 North Franklin Road Marsh Supermarkets, Inc. 28,721 Lawrence, IN 2440 Bardstown Road ( Supermarket) The Kroger Co. 40,019 Louisville, KY 2440 Bardstown Road The Kroger Co. 9,600 Louisville, KY 205 Homer Road Safeway Stores, Inc. 35,000 Minden, LA 24th Street West & St. John's Avenue Safeway Stores, Inc. 40,800 Billings, MT Little Rock Road/Tuckaseegee Road Food Lion, Inc. 33,640 Charlotte, NC Brown Mill Road/US 601 Food Lion, Inc. 32,259 Concord, NC Gum Branch Road Food Lion, Inc. 23,000 Jacksonville, NC US 221 & Hospital Road Food Lion, Inc. 23,000 Jefferson, NC 291 Talbet Boulevard Food Lion, Inc. 23,000 Lexington, NC
26 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- Julian Avenue/Clominger Street Food Lion, Inc. 21,000 Thomasville, NC 10 South Avenue Pathmark Stores, Inc. 52,000 Garwood, NJ 2910 Juan Tabo Blvd. Safeway Stores, Inc. 35,000 Albuquerque, NM 130 Midland Avenue Pathmark Stores, Inc. 59,000 Portchester, NY 1606 North Bend Road VACANT 25,628 Cincinnati, OH 2000 East Main Street The Kroger Co. 34,019 Columbus, OH 1084 East Second Street Marsh Supermarkets, Inc. 29,119 Franklin, OH N.E.C. 45th Street/Lee Boulevard Safeway Stores, Inc. 30,757 Lawton, OK 1642 Williams Avenue Safeway Stores, Inc. 33,770 Grants Pass, OR 559 North Main Street Citizens Bank of Pennsylvania 3,800 Doylestown, PA 25 East Main Street Citizens Bank of Pennsylvania 3,800 Lansdale, PA 1055 West Baltimore Pike Citizens Bank of Pennsylvania 3,800 Lima, PA 4947 North Broad Street Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 2001-03 Broad Street Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 6201 North 5th Street Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 7323-29 Frankford Avenue Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 15 South 52nd Street Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 10650 Bustleton Avenue Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 1025 West Lehigh Avenue Citizens Bank of Pennsylvania 3,800 Philadelphia, PA 2014 Cottman Avenue Citizens Bank of Pennsylvania 3,800 Philadelphia, PA
27 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 4160 Monument Road Pathmark Stores, Inc. 50,000 Philadelphia, PA 15 Newton - Richboro Road Citizens Bank of Pennsylvania 3,800 Richboro, PA 363 West Lancaster Avenue Citizens Bank of Pennsylvania 3,800 Wayne, PA S. Carlina 52/52 Bypass Food Lion, Inc. 23,000 Moncks Corner, SC 1600 East 23rd Street The Kroger Co. 42,130 Chattanooga, TN 1053 Mineral Springs Raod The Kroger Co. 31,170 Paris, TN 3040 Josey Lane Ong's Family Inc. 61,000 Carrolton, TX 1610 South Westmoreland Avenue Malone's Food Stores 68,024 Dallas, TX 3451 Alta Mesa Boulevard Safeway Stores, Inc. 44,000 Fort Worth, TX 101 West Buckingham Road Safeway Stores, Inc. 40,000 Garland, TX 1415 Highway 377 East Safeway Stores, Inc. 35,000 Granbury, TX 2500 E. Carrier Parkway Safeway Stores, Inc. 49,349 Grand Prairie, TX 4811 Wesley Street Safeway Stores, Inc. 48,427 Greenville, TX 120 South Waco Street Safeway Stores, Inc. 35,000 Hillsboro, TX 13133 Steubner Ave The Kroger Co. 52,200 Houston, TX 5402 4th Street VACANT 53,820 Lubbock, TX 3211 W. Beverly Street Food Lion, Inc. 23,000 Staunton. VA 9803 Edmonds Way VACANT 35,459 Edmonds, WA 224th Street & Meridan Safeway Stores, Inc. 44,718 Graham, WA Meridan & 65th Safeway Stores, Inc. 44,718 Milton, WA
28 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 1700 State Route 160 Jubilee Fun 27,968 Port Orchard, WA 228th Avenue, N.E. Safeway Stores, Inc. 44,718 Redmond, WA 849 Front Street Bank of the West 7,206 Evanston, WY 10415 Grande Avenue Furrs Cafeterias Operators LP 10,000 Sun City, AZ 101 Creger Lithia Motors 10,000 Ft. Collins, CO 900 South Canal Street. Furrs Cafeterias Operators LP 10,000 Carlsbad, NM 4121 South Port Avenue Furrs Cafeterias Operators LP 10,000 Corpus Christi, TX 119 North Balboa Road Furrs Cafeterias Operators LP 10,000 El Paso, TX 901 West Expressway Furrs Cafeterias Operators LP 10,000 McAllen, TX 402 East Crestwood Drive Furrs Cafeterias Operators LP 10,000 Victoria, TX 928 First Avenue Rock Falls County Market 27,650 Rock Falls, IL 4512 N Market Safeway Stores, Inc. 38,905 Spokane, WA 3621 E Lincoln Way VACANT 31,420 Cheyenne, WY 9400 South 755 East Albertsons Inc. 41,612 Sandy, UT 7470 El Camino Real CSK Auto (Albertsons Inc.) 4,000 Atascadero, CA 635 Highland Spring Road CSK Auto (Albertsons Inc.) 4,000 Beaumont, CA 2044 West Main Street CSK Auto (Albertsons Inc.) 7,000 Paso Robles, CA 1321 Commerce Street Adolphus Associates (Met Life) 498,122 Dallas, TX 2200/2230 & 2222 East Imperial Raytheon Company 959,000 Highway 2 El Segundo, CA
29 Lexington Realty Trust Supplemental Reporting Package Newkirk Portfolio 12/31/06
------------------------------------------- ---------------------------------------- ----------------------------------- Square Property Location Tenant (Guarantor) Footage ------------------------------------------- ---------------------------------------- ----------------------------------- 2404 West Main Street CSK Auto (Albertsons Inc.) 3,030 Farmington, NM 2520 E. Bonanza Road CSK Auto (Albertsons Inc.) 2,800 Las Vegas, NV 8960 Dyer Street CSK Auto (Albertsons Inc.) 2,625 El Paso, TX 6100 Alameda Avenue CSK Auto (Albertsons Inc.) 2,800 El Paso, TX 3322 82nd Street CSK Auto (Albertsons Inc.) 2,550 Lubbock, TX 25 E. McKellips Road CSK Auto (Albertsons Inc.) 2,660 Mesa, AZ 7200 Cradle rock way GFS Realty, Inc. 57,209 Columbia, MD 185 Washburn Circle Mark C. Bloome (Goodyear) 9,400 Corona, CA 810124 Highway 111 Mark C. Bloome (Goodyear) 9,600 Indio, CA ---------------------------------------- ----------------------------------- Retail/Other Subtotal 4,529,184 ---------------------------------------- ----------------------------------- ---------------------------------------- ----------------------------------- Grand Total 18,643,832 ---------------------------------------- -----------------------------------
Note ---- As the Merger was effective December 31, 2006 no revenue has been earned from the Newkirk portfolio. 30 Lexington Realty Trust Supplemental Reporting Package Properties by Location 12/31/06
Historical 12-Month Ended December 31, 2006(1) No. of Number of Percent Square Base Rent Percent of Locations Location Properties(3) Leased(4) Feet(2) ($000's) Base Rent ------------- ------------------ ------------ ----------- ------------ ----------------------------- 1 Texas 50 95.5% 7,834,490 $ 46,766 19.1% 2 South Carolina 13 100.0 3,916,396 20,056 8.2 3 Pennsylvania 27 100.0 2,642,531 17,622 7.2 4 Ohio 20 99.5 5,644,887 15,630 6.4 5 California 39 99.3 5,961,657 14,031 5.7 6 Florida 17 95.6 2,474,050 12,416 5.1 7 Michigan 13 88.0 2,466,397 11,546 4.7 8 Virginia 9 100.0 1,422,643 11,278 4.6 9 Georgia 14 100.0 998,872 10,125 4.1 10 Arizona 12 94.0 829,593 8,830 3.6 11 Kentucky 9 97.8 2,293,076 7,516 3.1 12 Massachusetts 4 100.0 574,301 7,392 3.0 13 Tennessee 18 90.8 4,037,645 6,972 2.9 14 New Jersey 15 100.0 1,955,773 6,653 2.7 15 Utah 2 100.0 336,612 6,321 2.6 16 Illinois 10 100.0 1,798,999 5,515 2.3 17 Indiana 8 100.0 1,530,343 5,328 2.2 18 Iowa 4 100.0 1,073,648 3,812 1.5 19 Oregon 5 100.0 450,479 3,758 1.5 20 North Carolina 13 100.0 1,903,608 3,191 1.3 21 Washington 10 93.5 542,335 2,315 0.9 22 Connecticut 3 100.0 238,952 2,231 0.9 23 The Netherlands 1 100.0 122,450 2,182 0.9 24 Colorado 8 86.9 538,984 2,164 0.9 25 Oklahoma 5 100.0 317,404 1,670 0.7 26 Kansas 2 100.0 397,682 1,358 0.6 27 Alabama 3 100.0 698,174 1,054 0.4 28 Hawaii 2 98.2 297,441 1,004 0.4 29 Mississippi 2 100.0 362,941 984 0.4 30 Louisiana 5 100.0 587,213 766 0.3 31 New Hampshire 1 100.0 500,500 617 0.3 32 Minnesota 1 100.0 18,620 560 0.2 33 Nebraska 1 100.0 86,800 509 0.2 34 Missouri 1 100.0 166,641 483 0.2 35 Wisconsin 2 100.0 432,164 463 0.2 36 Maryland 5 100.0 799,222 426 0.2 37 Maine 2 100.0 899,478 341 0.2 38 New York 5 100.0 865,727 339 0.2 39 Idaho 1 100.0 77,484 330 0.1 40 West Virginia 1 100.0 90,933 93 -- 41 Arkansas 3 100.0 255,450 -- -- 42 Nevada 2 100.0 284,800 -- -- 43 Montana 1 100.0 40,800 -- -- 44 New Mexico 3 100.0 48,030 -- -- 45 Wyoming 3 37.8 60,920 -- -- ------------------ ------------ ------------ ------------ -------------- -------------- Total 375 97.6% 58,877,145 $ 244,647 100% ------------------ ------------ ------------ ------------ -------------- --------------
(1) Includes proportionate share of joint venture investments and rental revenue recognized from properties sold through date of sale. (2) Includes properties owned as of December 31, 2006. (3) Includes properties owned during the year ended December 31, 2006. (4) As of December 31, 2006. 31 Lexington Realty Trust Supplemental Reporting Package Lease Rollover Schedule by Property Type - Cash Basis 12/31/06
Office Industrial Retail/ Other ------- ------------ ------------- ------------ ------------ ------------- -------------- ------------ -------------- -------------- Square Cash Rental Net Rent Square Cash Rental Net Rent Square Cash Rental Net Rent Year Footage Revenue(1) PSF Footage Revenue(1) PSF Footage Revenue(1) PSF ------- ------------ ------------- ------------ ------------ ------------- -------------- ------------ -------------- -------------- 2007 753,450 16,398 22.28 2,436,372 13,336 5.47 217,000 1,971 9.08 2008 3,162,653 52,394 21.90 1,284,379 146 8.18 616,559 7,299 12.10 2009 2,858,244 50,037 21.65 883,966 2,085 3.34 1,213,603 9,493 15.36 2010 2,300,355 19,613 13.51 1,885,413 5,773 3.06 90,800 590 6.50 2011 1,693,948 17,052 15.51 1,251,535 536 4.67 511,164 4,081 7.98 2012 1,897,486 18,077 12.47 4,559,134 10,652 4.20 561,425 4,630 8.25 2013 1,897,103 22,479 15.28 202,086 3,982 19.70 39,600 896 22.63 2014 2,716,818 34,568 16.51 1,055,160 3,927 3.72 267,337 496 1.85 2015 2,274,294 21,072 14.00 1,372,370 7,388 5.53 76,164 469 6.15 2016 1,152,227 9,267 16.74 1,655,158 6,088 4.20 225,919 1,600 7.08 2017 130,690 398 8.67 1,788,022 6,497 4.04 119,706 473 3.95 2018 740,924 5,955 12.35 744,800 1,347 1.81 1,943,876 4,668 3.85 2019 1,649,414 18,960 15.24 1,412,025 4,121 4.41 -- -- -- 2020 344,659 5,214 18.53 666,037 4,712 7.51 -- -- -- 2021 420,926 8,020 19.05 1,928,504 7,607 4.31 61,000 361 5.92 2022 -- -- -- -- -- -- -- -- -- 2023 -- -- -- -- -- -- -- -- -- 2024 187,262 1,069 19.02 693,185 568 2.73 -- -- -- 2025 146,800 1,744 15.63 2,140,254 9,802 3.20 -- -- -- 2026 -- -- -- 500,500 427 2.56 77,076 1,357 23.16 Weighted Average $ 17.05 $ 4.53 $ 8.46 ======= ======== =======
(1) Includes proportionate share of joint venture investments and is net of estimated expenses. 32 Lexington Realty Trust Supplemental Reporting Package Lease Rollover Schedule - GAAP Basis Lexington Portfolio 12/31/06 ($000's)
Percentage of Total Total Number of Annualized Base Rent (1) Annualized Year Leases Expiring Base Rent ------------------------- ------------------------ --------------------------- ---------------------------- 2007 29 $ 15,935 6.2% 2008 20 6,840 2.7 2009 25 22,504 8.8 2010 21 19,590 7.7 2011 21 19,202 7.5 2012 23 25,946 10.2 2013 15 21,750 8.5 2014 19 23,592 9.2 2015 20 28,291 11.1 2016 14 12,118 4.7 2017 6 3,990 1.6 2018 12 8,557 3.4 2019 10 9,618 3.8 2020 7 9,626 3.8 2021 7 12,594 4.9 2022 -- -- -- 2023 -- -- -- 2024 2 1,665 0.7 2025 8 11,448 4.5 2026 2 2,106 0.7 ------------------------ --------------------------- ---------------------------- Total 261 $ 255,372 100.0% ======================== =========================== ============================
(1) Includes proportionate share of joint venture investments. 33 Lexington Realty Trust Supplemental Reporting Package Lease Rollover Schedule - GAAP Basis Newkirk Portfolio 12/31/06 ($000's)
Percentage of Total Total Number of Annualized Base Rent (1) Annualized Year Leases Expiring Base Rent ------------------------- ------------------------ --------------------------- ---------------------------- 2007 11 $19,481 10.6% 2008 51 50,929 27.7 2009 43 37,267 20.3 2010 10 6,475 3.5 2011 9 4,765 2.6 2012 17 9,880 5.4 2013 4 7,731 4.2 2014 8 13,303 7.2 2015 4 2,697 1.5 2016 6 3,740 2.0 2017 4 4,161 2.2 2018 2 8,743 4.8 2019 8 12,802 7.0 2020 -- -- -- 2021 2 1,661 1.0 2022 -- -- -- 2023 -- -- -- 2024 -- -- -- 2025 -- -- -- 2026 -- -- -- ------------------------ --------------------------- ---------------------------- Total 179 $ 183,635 100.0% ======================== =========================== ============================
Estimated Estimated Amortization Below Amortization Estimated Annual Market Leases Above Market Leases Amortization, Net ------------------- ---------------------------------- -------------------------- --------------------------- 2007 $ 17,273 $ (37,850) $ (20,577) 2008 15,880 (29,265) (13,385) 2009 15,772 (10,508) 5,264 2010 15,112 (1,333) 13,779 2011 14,872 (1,333) 13,539
(1) Includes proportionate share of joint venture investments. 34 Lexington Realty Trust Supplemental Reporting Package Mortgages and Notes Payable 12/31/06 ($000's)
--------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Current Estimated Debt Interest Rate Annual Balloon Property - Fixed Rate Balance Maturity Debt Service(d) Payment --------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Warren, OH(a)(b) $ 5,851 7.000% Oct-07 $ 6,160 $ -- Bristol, PA 9,393 7.400 Feb-08 831 9,262 Decatur, GA 6,268 6.720 Jun-08 579 6,049 Palm Beach Gardens, FL 10,759 7.010 Jun-08 970 10,418 Canton, OH 3,085 7.150 Aug-08 313 2,936 Spartanburg, SC 2,562 7.150 Aug-08 260 2,438 Irvine, CA(j) 9,094 9.339 Sep-08 5,653 -- New Orleans, LA(k) 6,712 6.930 Sep-08 4,084 -- New Orleans, LA(k) 5,336 6.930 Sep-08 3,246 -- Owensboro, KY(l) 7,487 7.940 Dec-08 3,361 -- Clinton, CT(l) 1,157 7.940 Dec-08 519 -- Columbia, MD(m) 1,146 8.625 Dec-08 297 719 Long Beach, CA(n) 9,549 6.160 Jan-09 4,180 -- Long Beach, CA(n) 25,751 6.250 Jan-09 11,286 -- Florence, SC 8,879 7.500 Feb-09 869 8,443 Canton, OH 757 9.490 Feb-09 388 -- Baton Rouge, LA 1,670 7.375 Mar-09 208 1,478 Livonia, MI 10,625 7.800 Apr-09 992 10,236 Bristol, PA 5,611 7.250 Apr-09 571 5,228 Henderson, NC 4,119 7.390 May-09 417 3,854 Westland, MI 1,625 10.500 Sep-09 683 -- Salt Lake City, UT 7,138 7.610 Oct-09 2,901 -- High Point, NC 8,372 5.750 Oct-09 695 7,741 Pleasanton, CA(o) 4,652 10.250 Dec-09 727 3,807 San Francisco, CA(o) 23,313 3.893 Dec-09 1,750 20,000 Richmond, VA 15,953 8.100 Feb-10 1,511 15,257 Hampton, VA 7,072 8.270 Apr-10 677 6,758 Hampton, VA 4,337 8.260 Apr-10 415 4,144 Tampa, FL 8,052 6.930 Aug-10 674 7,603 Tampa, FL 5,823 6.880 Aug-10 485 5,495 Herndon, VA 18,258 8.180 Dec-10 1,723 17,301 Tucson, AZ 2,306 7.500 Jan-11 226 2,076 Valley Forge, PA 12,298 7.120 Feb-11 1,166 10,927 Renswoude, NA(f) 35,880 5.305 Apr-11 2,612 32,686 Glendale, AZ 14,278 7.400 Apr-11 1,258 13,365 Dallas, TX 30,582 5.126 May-11 1,589 30,582 Wallingford, CT 3,421 4.926 May-11 221 3,187 Auburn Hills, MI 6,758 7.010 Jun-11 637 5,918 Plymouth, MI 4,502 7.960 Jul-11 463 3,949 Newport, OR 6,644 5.030 Aug-11 470 5,980 Greenville, SC 13,184 4.415 Jan-12 841 11,806 New Kingston, PA 6,917 7.790 Jan-12 678 6,101 Mechanicsburg, PA 5,106 7.780 Jan-12 500 4,503 New Kingston, PA 3,295 7.780 Jan-12 323 2,906 Lake Forest, CA 10,486 7.260 Feb-12 901 9,708 Memphis, TN 17,674 5.247 May-12 1,181 16,222 Lakewood, CO 8,617 5.097 May-12 566 7,890 Groveport, OH 7,552 6.030 Oct-12 563 6,860 San Antonio, TX 29,183 6.080 Oct-12 2,260 26,025 Foxboro, MA(b) 16,003 6.000 Jan-13 2,817 -- Fort Mill, SC 11,086 6.000 Jan-13 839 9,904 Waterloo, IA 5,899 5.610 Feb-13 672 3,505 Atlanta, GA 44,851 5.268 May-13 3,004 40,356 Houston, TX 17,507 5.218 May-13 1,166 15,737 Southington, CT 13,656 5.018 May-13 890 12,228 Tempe, AZ 13,528 5.148 May-13 894 12,144 Indianapolis, IN 9,554 5.168 May-13 633 8,580 Fort Meyers, FL 8,912 5.268 May-13 476 8,550 Chelmsford, MA 6,946 5.118 May-13 458 6,231 Lancaster, CA (first) 10,131 7.020 Sep-13 900 8,637
35 Lexington Realty Trust Supplemental Reporting Package Mortgages and Notes Payable 12/31/06 ($000's)
--------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Current Estimated Debt Interest Rate Annual Balloon Property - Fixed Rate Balance Maturity Debt Service(d) Payment --------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Lancaster, CA (second) 8,552 5.920 Sep-13 642 7,518 Knoxville, TN 5,093 5.950 Sep-13 381 4,496 Phoenix, AZ 19,143 6.270 Sep-13 1,527 16,490 Foxboro, MA(b) 20,452 6.000 Jan-14 3,270 -- Moody, AL 7,365 4.978 Jan-14 493 6,350 Mechanicsburg, PA 13,126 5.730 Mar-14 1,045 10,538 Redmond, OR 9,751 5.616 Apr-14 697 8,484 Clive, IA 5,868 5.139 May-14 387 5,151 Fort Mill, SC 20,300 5.373 May-14 1,148 18,311 Philadelphia, PA(e) 49,000 5.060 Jul-14 2,784 43,547 Eau Claire, WI 1,762 8.000 Jul-14 313 -- Carrollton, TX 14,137 5.530 Jan-15 993 12,022 Franklin, NC 1,600 8.500 Mar-15 271 -- Knoxville, TN(h) 7,734 5.310 May-15 520 6,658 Tulsa, OK(h) 7,619 5.060 May-15 499 6,517 Jacksonville, FL(h) 5,759 5.110 May-15 379 4,927 Kalamazoo, MI 17,479 5.411 May-15 1,189 15,087 Houston, TX 16,828 5.160 May-15 1,114 14,408 Houston, TX 13,140 5.210 May-15 874 11,265 Fishers, IN 13,067 5.160 May-15 865 11,188 San Antonio, TX 12,961 5.340 May-15 875 11,149 Los Angeles, CA 11,398 5.110 May-15 750 9,760 Atlanta, GA 11,325 5.260 May-15 604 10,502 Richmond, VA 10,518 5.310 May-15 708 9,055 Harrisburg, PA 9,099 5.110 May-15 599 7,780 Rockaway, NJ 14,900 5.292 May-15 789 14,900 Elizabethtown, KY(g) 16,303 4.990 Jul-15 1,070 13,766 Hopkinsville, KY(g) 9,550 4.990 Jul-15 627 8,070 Dry Ridge, KY(g) 7,723 4.990 Jul-15 507 6,521 Owensboro, KY(g) 6,879 4.990 Jul-15 452 5,813 Elizabethtown, KY(g) 3,096 4.990 Jul-15 203 2,614 Southborough, MA 1,759 7.500 Sep-15 275 -- Houston, TX(b) 64,380 6.250 Sep-15 8,147 18,318 Houston, TX(b) 25,987 6.250 Sep-15 3,101 6,985 Sugar Land, TX(b) 16,869 6.250 Sep-15 2,237 6,286 Houston, TX(b) 7,382 6.250 Sep-15 891 2,222 Temple, TX 8,881 6.090 Jan-16 668 7,446 Danville, IL 6,292 9.000 Jan-16 692 4,578 Bridgewater, NJ 14,805 5.732 Mar-16 849 13,751 Omaha, NE(h) 8,919 5.610 Apr-16 621 7,560 Tempe, AZ(h) 8,423 5.610 Apr-16 586 7,140 Bremerton, WA 6,564 6.090 Apr-16 494 5,465 Lisle, IL 10,450 6.500 Jun-16 679 9,280 Rockford, IL 6,900 6.210 Aug-16 428 6,093 Statesville, NC 14,100 6.210 Aug-16 876 12,451 Rochester, NY 18,800 6.210 Aug-16 1,167 16,602 Glenwillow, OH 17,000 6.130 Sep-16 1,042 14,988 Plymouth, IN(h) 6,652 6.315 Sep-16 497 5,723 Tomball, TX(h) 9,408 6.063 Nov-16 683 8,023 El Segundo, CA(p) 55,000 5.675 Dec-16 3,820 45,723 Memphis, TN(h) 3,951 5.910 Jan-17 229 3,484 Dubuque, IA 10,745 5.402 Jun-17 733 8,725 Westmont, IL 15,224 6.210 Mar-18 1,292 9,662 Houston, TX(h) 7,500 6.507 Nov-19 495 6,692 Boca Raton, FL 20,400 6.470 Feb-20 1,338 18,383 Houston, TX 9,880 5.640 Dec-20 692 7,018 Livonia, GA(h) 9,898 5.460 Dec-20 741 5,895 Wall Township, NJ(b) 29,596 6.250 Jan-21 2,013 -- Hilliard, OH 28,960 5.907 Feb-21 1,734 27,483
36 Lexington Realty Trust Supplemental Reporting Package Mortgages and Notes Payable 12/31/06 ($000's)
--------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Current Estimated Debt Interest Rate Annual Balloon Property - Fixed Rate Balance Maturity Debt Service(d) Payment --------------------------------- ------------------ -------------- ------------- ---------------- -------------------- Whippany, NJ(h) 16,880 6.290 Nov-21 1,344 10,400 Dillon, SC,CA 23,378 5.974 Feb-22 1,832 13,269 El Segundo, CA(p) 13,282 4.860 Jan-24 54 11,417 El Segundo, CA(p) 16,233 4.860 Jan-24 66 13,955 Chester, SC 13,445 5.380 Aug-25 1,144 362 ---------- ----- -------- --------- 1,516,632 5.963% 154,664 1,113,996 ---------- ----- -------- --------- Corporate Credit Facility (C) 65,194 7.120% Jun-08 4,706 65,194 Corporate Facility (i) 547,199 6.390% Aug-08 42,288 534,074 ---------- ------ --------- --------- Total $ 2,129,025 6.108% $ 201,658 $ 1,713,264 ========== ===== ========= =========
(a) Included in discontinued operations. (b) Debt balances based upon imputed interest rates. (c) Floating rate debt 30/60/90 day LIBOR plus 120 to 170 bps. (d) Remaining payments for debt with less than 12 months to maturity, all others are debt service for next 12 months. (e) The Company has an 80.5% interest in the property securing the mortgage. (f) The Company has a 90.0% interest in the property securing the mortgage. (g) Debt balances are net of mortgage investment made by the Company. (h) The Company has a 76.2% interest in the property securing the mortgage. (i) Newkirk facility at LIBOR plus 175 bps. (j) The Company has a 60.4% interest in the property. (k) The Company has a 47.5% interest in the property. (l) The Company has a 63.2% interest in the property. (m) The Company has a 45.0% interest in the property. (n) The Company has a 55.0% interest in the property. (o) The Company consolidates this property as it is a variable interest entity. The Company has a 1% general partnership interest in the property. (p) The Company has a 53.0% interest in the property. 37 Lexington Realty Trust Supplemental Reporting Package Mortgages Payable 12/31/06 (000's)
------------------------------- -------------- ---------------- ------------- --------------- ----------------- ------------------ Current LXP Estimated Debt Proportionate Interest Annual Balloon Joint Venture Property Balance Share Rate Maturity Debt Service(d) Payment ------------------------------- -------------- ---------------- ------------- --------------- ----------------- ------------------ Russellville, AK $ 1,281 $ 391 6.850 May-08 $ 913 $ -- Dallas, TX 21,800 5,228 6.680 Jun-09 9,614 -- Santa Clarita, CA 28,200 8,460 4.750 Oct-09 1,340 28,200 Columbia, SC 23,538 9,415 7.850 Oct-09 2,196 22,586 Houston, TX 19,837 6,606 7.580 Oct-09 2,032 18,229 Fishers, IN 14,177 4,721 8.190 Apr-10 1,499 12,960 Lorain, OH(1) 2,740 822 6.000 Jul-10 903 -- Manteca, CA(1) 1,936 581 6.000 Jul-10 638 -- Watertown, NY(1) 1,820 546 6.000 Jul-10 600 -- Fairlea, WV(1) 1,279 384 6.000 Jul-10 421 -- San Diego, CA(1) 1,234 370 6.000 Jul-10 406 -- Galesburg, IL(1) 1,086 326 6.000 Jul-10 358 -- Irving, TX 25,740 8,571 8.160 Oct-10 2,432 24,454 Lake Mary, FL 12,803 4,263 7.880 Oct-10 1,181 12,118 Lake Mary, FL 12,766 4,251 7.880 Oct-10 1,178 12,082 Parsippany, NJ 39,576 13,179 7.350 Mar-11 3,472 37,047 Novato, CA 21,925 6,578 5.750 Jul-11 1,600 20,307 Winchester, VA 10,416 3,469 7.330 Aug-11 908 9,675 Milford, OH 15,882 5,289 8.170 Feb-12 1,783 12,686 Des Moines, IA 22,761 6,828 5.147 May-12 1,188 22,153 Fort Worth, TX 19,471 5,841 5.097 May-12 1,280 17,823 Raleigh, NC 12,900 3,870 4.947 May-12 647 12,543 Farmington Hills, MI 20,246 6,748 5.420 Sep-12 1,500 17,724 Laurens, SC 16,583 5,527 6.000 Sep-12 1,396 14,022 Temperance, MI 11,117 3,705 6.000 Sep-12 936 9,400 Baton Rouge, LA 6,688 2,006 4.900 Oct-12 443 5,943 Plymouth, MI 12,015 3,605 6.220 Dec-12 1,026 10,026 Colorado Springs, CO 11,429 3,809 6.250 Dec-12 887 10,272 Centennial, CO 15,314 4,594 6.150 Feb-13 1,177 13,555 Los Angeles, CA 80,182 20,046 5.330 May-13 4,999 73,071 Dallas, TX 40,567 12,170 5.218 May-13 2,702 36,453 Malvern, PA 12,865 3,860 5.530 Jan-14 916 11,236 Arlington, TX 21,216 5,304 5.810 Feb-14 1,551 18,588 New Lenox, IL 17,400 5,220 5.510 Feb-14 972 17,400 Logan Township, NJ 7,690 2,307 4.760 Apr-14 444 6,784 Rancho Cordova, CA(1) 18,195 5,459 6.000 Sept-14 1,457 14,646 Weston, FL 10,558 3,167 5.420 Nov-14 733 9,066 Issaquah, WA 32,800 8,200 5.001 Dec-14 1,663 30,388 Canonsburg, PA 9,095 2,729 5.377 Dec-14 489 9,095 Chicago, IL 29,900 8,970 5.105 Jan-15 1,548 29,900 Herndon, VA 12,075 3,623 5.920 Apr-15 888 10,359 Richmond, VA 19,800 5,940 5.110 May-15 1,026 18,321 Oklahoma City, OK 14,749 5,900 5.240 May-15 784 13,673 McDonough, GA 12,675 3,169 5.212 Jun-15 670 11,349 Mission, TX 6,344 1,903 5.780 Jun-15 462 5,371 Carrollton, TX 20,800 5,200 5.274 Jul-15 1,112 18,677 Houston, TX 23,910 7,173 5.410 Oct-15 1,311 21,846 Dallas, TX 18,363 5,509 6.100 Jul-16 1,136 18,363 Fort Wayne, IN 21,394 5,370 9.375 Oct-16 3,344 -- Fort Wayne, IN 13,693 3,437 10.625 Nov-16 2,239 -- Wilmington, NC 13,000 3,250 5.190 Mar-17 684 11,580 Weston, FL 7,296 2,189 5.520 Nov-17 512 5,758 Lorain, OH(1) 1,460 438 6.000 Jul-18 108 -- Manteca, CA(1) 1,031 309 6.000 Jul-18 77 -- Watertown, NY(1) 970 291 6.000 Jul-18 72 -- Fairlea, WV(1) 681 204 6.000 Jul-18 51 -- San Diego, CA(1) 657 197 6.000 Jul-18 49 -- Galesburg, IL(1) 579 174 6.000 Jul-18 43 -- Erwin, NY 9,458 2,837 5.910 Oct-18 728 6,624 Dallas, TX 12,513 3,001 15.000 Dec-18 1,877 -- Overland Park, KS 37,620 9,405 5.830 May-19 2,224 31,819
38 Lexington Realty Trust Supplemental Reporting Package Mortgages Payable 12/31/06 (000's)
------------------------------- -------------- ---------------- ------------- --------------- ----------------- ------------------ Current LXP Estimated Debt Proportionate Interest Annual Balloon Joint Venture Property Balance Share Rate Maturity Debt Service(d) Payment ------------------------------- -------------- ---------------- ------------- --------------- ----------------- ------------------ Kansas City, MO 17,950 4,488 5.830 May-19 1,061 15,182 West Chester, PA 10,151 3,045 6.750 Jul-19 1,204 -- Meridian, ID 10,160 2,540 6.010 Aug-19 753 7,658 Streetsboro, OH 20,200 5,050 5.285 Sept-19 1,082 16,338 San Francisco, CA 22,080 6,624 5.580 Nov-19 1,249 18,002 Lenexa, KS 10,227 2,557 6.270 Dec-19 774 7,755 Oakland, ME 10,348 2,587 5.930 Oct-20 750 7,660 Durham, NH 19,182 6,393 6.730 Mar-21 1,309 -- Antioch, TN 13,852 4,156 7.940 Oct-21 1,580 774 --------- ------- -------- ------ --------- 1,070,246 314,374 5.858% 90,587 847,541 --------- ------- -------- ------ --------- Corporate Warehouse facility 13,600 6,800 5.685 Jun-07 773 13,600 Warehouse facility 30,294 15,147 6.670 Mar-07 2,021 30,294 CDO 376,650 188,325 5.856 Dec-46 22,057 376,650 -------- ------- -------- ------- --------- $ 1,490,790 $ 524,646 5.873% $ 115,438 $ 1,268,085 ========= ======= ======== ======= =========
1. Debt balances based upon imputed rates. 39 Lexington Realty Trust Supplemental Reporting Package Mortgage Maturity Schedule 12/31/06 ($000's)
Consolidated properties ------------------------------------------------------------------------------------------------------------ Scheduled Balloon Balloon Weighted Amortization Payments Average Interest Rate ------------ -------- --------------------- 2007 $ 73,075 $ -- --% 2008 68,458 631,091(1)(2) 6.50 2009 43,550 60,788 6.28 2010 33,654 56,558 7.88 2011 34,017 108,670 5.90 ------ ------- ----------- $ 252,754 $ 857,107 6.50% ========= ========= ===========
Joint venture properties - LXP proportionate share ------------------------------------------------------------------------------------------------------------ Scheduled Balloon Balloon Weighted Amortization Payments Average Interest Rate ------------ -------- --------------------- 2007 $ 6,733 $ 21,947(3) 6.37% 2008 7,209 -- -- 2009 6,917 23,570 6.67 2010 5,790 20,538 8.06 2011 5,027 21,666 6.90 --------- --------- ----------- $ 31,676 $ 87,721 6.97% ========= ========= ===========
(1) Includes Lexington's line of credit facility. (2) Includes the Newkirk borrowing facility. (3) Includes joint venture warehouse facilities. 40 Lexington Realty Trust Supplemental Reporting Package Revenue by Tenant Industry 12/31/06
--------------------------------------------------------------- -------------------------------- Percentage of Historical Tenant Industry Base Rent (1) --------------------------------------------------------------- -------------------------------- Energy 13.4% Finance/Insurance 12.7 Technology 10.9 Automotive 9.3 Healthcare 5.7 Telecommunications 5.6 Transportation/Logistics 5.3 Retail-Department/ Discount Store 5.1 Consumer Products 4.7 Media/Advertising 4.3 Food 3.6 Construction Materials 3.6 Printing/Production 3.5 Retail-Specialty 2.8 Aerospace/Defense 2.5 Service 2.2 Retail-Electronics 1.6 Apparel 1.2 Security 0.9 Health/Fitness 0.4 Real Estate 0.4 Paper/Containers & Packaging 0.3 ------- 100.0%
(1) Includes proportionate share of joint venture investments and rental revenue recognized from properties sold through date of sale for the year ended December 31, 2006. 41 Lexington Realty Trust Supplemental Reporting Package Revenue by MSA 12/31/06 Percent of Base Rent for the 12 Months Ended 12/31/06 ------- ------------------------------------------------ ---------------------- 1 Houston-TX 10.0% 2 Dallas-Fort Worth-TX 6.3% 3 Philadelphia-Wilmington-PA 4.7% 4 Los Angeles-Riverside-Orange County-CA 4.2% 5 Atlanta-GA 3.9% 6 Detroit-MI 3.7% 7 Youngstown-Warren-OH 3.7% 8 Phoenix-Mesa-AZ 3.4% 9 Boston-MA 3.3% 10 Charlotte-NC 2.6% 11 Salt Lake City-UT 2.6% 12 Harrisburg-PA 2.6% 13 New York-Northern New Jersey 2.5% 14 Richmond-VA 2.3% 15 Indianapolis-IN 2.1% 16 San Antonio-TX 2.1% 17 Chicago-IL 1.8% 18 West Palm Beach-Boca Raton-FL 1.8% 19 Memphis-TN 1.6% 20 Washington-Baltimore-DC-MD 1.4% 21 Elizabethtown, KY 1.4% 22 Dillon-SC 1.2% 23 Columbus-OH 1.2% 24 Columbia-SC 1.2% 25 Kalamazoo-Battle Creek-MI 1.1% 26 Cincinnati-OH 1.0% 27 Greenville-Spartanburg-SC 1.0% 28 Tampa-St. Petersburg-FL 1.0% 29 Seattle-WA 0.9% 30 San Francisco-CA 0.9% 31 Chester-SC 0.9% 32 Renswoude, Netherland 0.9% 33 Norfolk-Virginia Beach-Newport News-VA 0.8% 34 Orlando-FL 0.8% 35 Kansas City-MO-KS 0.8% 36 Florence-SC 0.7% 37 Des Moines-IA 0.7% 38 Hartford-CT 0.7% 39 Denver-CO 0.7% 40 Cleveland-OH 0.6% 41 Killeen-Temple-TX 0.6% 42 Redmond-OR 0.6% 43 Clarksville-TN 0.6% 44 Knoxville-TN 0.6% 45 Jackson-TN 0.6% 46 Canton-OH 0.5% 47 Fort Meyers-FL 0.5% 42 Lexington Realty Trust Supplemental Reporting Package Revenue by MSA 12/31/06 Percent of Base Rent for the 12 Months Ended 12/31/06 ------- ------------------------------------------------- ---------------------- ------- ------------------------------------------------- ---------------------- 48 Jacksonville-FL 0.5% 49 Greensboro-Winston-Salem-NC 0.4% 50 Laurens-SC 0.4% 51 Birmingham-AL 0.4% 52 Klamath Falls-OR 0.4% 53 Owensboro-KY 0.4% 54 Dubuque-IA 0.4% 55 Waterloo-Cedar Falls-IA 0.4% 56 Honolulu - HI 0.4% 57 Newport-OR 0.4% 58 Danville-IL 0.4% 59 Tulsa-OK 0.3% 60 Sacramento-CA 0.3% 61 Miami-Fort Lauderdale-FL 0.3% 62 Oklahoma, OK 0.3% 63 Henderson-NC 0.3% 64 Baton Rouge-LA 0.3% 65 New Haven-CT 0.2% 66 Ocala-FL 0.2% 67 Minneapolis-St. Paul-MN 0.2% 68 Colorado Springs-CO 0.2% 69 Lavonia-GA 0.2% 70 Omaha-NE-IA 0.2% 71 Winchester-VA 0.2% 72 Raleigh-Durham-Chapel Hill-NC 0.2% 73 Eau Claire-WI 0.2% 74 Tucson-AZ 0.2% 75 Pittsburgh-PA 0.2% 76 Wilmington-NC 0.2% 77 Franklin-NC 0.2% 78 Nashville-TN 0.2% 79 Stockton-Lodi-CA 0.2% 80 Oakland-ME 0.2% 81 Gordonsville, TN 0.2% 82 Clackamas-OR 0.2% 83 Boise City, ID 0.2% 84 McAllen-Edinburg-Mission-TX 0.1% 85 San Diego-CA 0.1% 86 Crossville, TN 0.1% 87 Plymouth, IN 0.1% 88 Erwin, NY 0.1% 89 Pascagoula - MS 0.1% 90 Watertown-NY 0.1% 91 North Charleston -SC 0.1% 92 Lewisburg-WV - 93 Galesburg-IL - ------- ------------------------------------------------- ---------------------- Totals 100.00% ------- ------------------------------------------------- ---------------------- 43 Lexington Realty Trust Supplemental Reporting Package Other Revenue Data 12/31/06 Revenue by Property Type Percentage ---------------------------------------------- -------------------------------- Office 66.5% Industrial 29.6 Retail 3.9 ------- 100.0% ======= Revenue by Credit Rating(B) Investment Grade 46.5% Non-Investment Grade 20.7 Unrated 32.8 ---- 100.0% =======
Percentage of Base Rent for the Number of 12 Months Ended Top 10 Tenants/Guarantors Properties(B) Property Type 12/31/06(A) ---------------------------------------------------- ---------------- ---------------------------------- ----------------- Baker Hughes, Inc. 4 Office (3)/Industrial (1) 5.4% Dana Corporation 9 Industrial 4.8 Kmart Corporation/ Sears Roebuck & Co. 8 Industrial(2)/Retail (6) 4.1 Wells Fargo Home Mortgage, Inc. 4 Office 2.6 Northwest Pipeline Corp. 1 Office 2.6 Internet Security Systems, Inc. 1 Office 2.5 Invensys Systems, Inc. (Siebe, Inc.) 2 Office 2.4 Exel Logistics, Inc.(NFC plc) 4 Industrial 2.0 Nextel Finance Company 4 Office 1.9 Morgan, Lewis & Bockius LLP 1 Office 1.8 --- ---- 38 30.1% === ====
(A) Includes proportionate share of joint venture investments and rental revenue recognized from properties sold through the date of sale. (B) As of December 31, 2006. 44