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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Gross revenues:    
Rental $ 74,567 $ 71,863
Advisory and incentive fees 323 296
Tenant reimbursements 7,845 8,316
Total gross revenues 82,735 80,475
Expense applicable to revenues:    
Depreciation and amortization (39,111) (38,407)
Property operating (15,048) (16,048)
General and administrative (5,387) (5,445)
Non-operating income 2,621 2,901
Interest and amortization expense (24,727) (26,922)
Debt satisfaction gains (charges), net (1,649) 19
Change in value of forward equity commitment 0 5,993
Income (loss) before benefit (provision) for income taxes, equity in earnings of non-consolidated entities and discontinued operations (566) 2,566
Benefit (provision) for income taxes (186) 1,533
Equity in earnings of non-consolidated entities 7,393 3,999
Income from continuing operations 6,641 8,098
Discontinued operations:    
Income (loss) from discontinued operations (330) 1,191
Provision for income taxes 0 (11)
Debt satisfaction gains (charges), net 1,728 (603)
Gains on sales of properties 0 4,899
Impairment charges (2,561) (29,567)
Total discontinued operations (1,163) (24,091)
Net income (loss) 5,478 (15,993)
Less net income attributable to noncontrolling interests (1,867) (1,446)
Net income (loss) attributable to Lexington Realty Trust shareholders 3,611 (17,439)
Dividends attributable to preferred shares    
Dividends attributable to non-vested common shares (150) (79)
Redemption discount - Series C 229 86
Net income (loss) attributable to common shareholders (2,187) (23,638)
Income (loss) per common share – basic:    
Income (loss) from continuing operations $ 0.00 $ 0.00
Loss from discontinued operations $ (0.01) $ (0.16)
Earnings Per Share, Basic $ (0.01) $ (0.16)
Weighted-average common shares outstanding – basic 154,149,034 146,175,508
Income (loss) per common share – diluted:    
Income (loss) from continuing operations $ 0.00 $ (0.04)
Loss from discontinued operations $ (0.01) $ (0.17)
Net loss attributable to common shareholders $ (0.01) $ (0.21)
Weighted Average Number of Shares Outstanding, Diluted 154,149,034 142,631,289
Amounts attributable to common shareholders:    
Loss from continuing operations (1,024) 243
Net income (loss) from discontinued operations (1,163) (23,881)
Net income (loss) attributable to common shareholders (2,187) (23,638)
Series B
   
Dividends attributable to preferred shares    
Dividends attributable to preferred shares (1,379) (1,590)
Series C
   
Dividends attributable to preferred shares    
Dividends attributable to preferred shares (1,572) (1,690)
Series D
   
Dividends attributable to preferred shares    
Dividends attributable to preferred shares $ (2,926) $ (2,926)