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Investments in Real Estate and Real Estate Under Construction (Tables)
 6 Months Ended
Jun. 30, 2013
Investments in Real Estate and Real Estate Under Construction [Abstract]  
Schedule of Acquired Properties [Table Text Block]
The Company, through property owner subsidiaries, completed the following acquisition and build-to-suit transactions during the six months ended June 30, 2013:
Property Type
Location
Acquisition/Completion Date
Initial Cost Basis
Lease Expiration
Land and Land Estate
 
Building and Improvements
 
Lease in-place Value Intangible
Industrial
Long Island City, NY(1)
February 2013
$
42,124

03/2028
$
—

 
$
42,124

 
$
—

Industrial
Houston, TX
March 2013
$
81,400

03/2038
$
15,055

 
$
57,949

 
$
8,396

Office
Denver, CO(2)
April 2013
$
34,547

04/2028
$
2,207

 
$
26,724

 
$
5,616

Retail
Tuscaloosa, AL(3)
May 2013
$
8,397

05/2028
$
2,793

 
$
5,604

 
$
—

 
 
 
$
166,468

 
$
20,055

 
$
132,401

 
$
14,012


(1)
The Company’s consolidated partnership, which owns the Long Island City, New York property, provided as of June 30, 2013 for the Company to receive distributions of operating cash flows as follows: (1) a 6.3% priority return on its invested capital up to $25,000, (2) an 11% priority return on its invested capital in excess of $25,000 and (3) approximately 50% of any excess return. Subsequent to June 30, 2013, the Company acquired its joint venture partners’ interest in the partnership.
(2)
The Company incurred additional initial costs of $3,825 which are included in “Other assets” in the accompanying unaudited condensed consolidated balance sheet.
(3)
The Company incurred leasing costs of $323.
Schedule of Acquisition Development and Construction Arrangements Outstanding [Table Text Block]
As of June 30, 2013, the Company had the following development arrangements outstanding:
Location
Property Type
Square Feet
 
Expected Maximum Commitment/Contribution ($ millions)
 
Lease Term (Years)
 
Estimated Completion Date
Rantoul, IL
Industrial
813,000

 
$
42.6

 
20
 
4Q 13
Bingen, WA
Industrial
124,000

 
$
18.9

 
12
 
2Q 14
Las Vegas, NV(1)
Industrial
180,000

 
$
29.6

 
20
 
3Q 14
Albany, GA
Retail
46,000

 
$
7.5

 
15
 
4Q 13
 
 
1,163,000

 
$
98.6

 
 
 
 
(1)
At June 30, 2013, the Company's commitment could have been terminated by the Company due to an outstanding contingency, thus costs incurred through June 30, 2013 of $1,191 are recognized as pre-development costs and included in “Other assets” in the accompanying unaudited condensed consolidated balance sheet. Subsequent to June 30, 2013, the termination right expired.
Business Acquisition, Pro Forma Information [Table Text Block]
The information presented below is not necessarily indicative of what the actual results of operations would have been had the transaction been completed on January 1, 2012, nor does it purport to represent the Company's future operations:
 
 
Three Months Ended June 30, 2012
 
Six Months Ended
June 30, 2012
Gross revenues
 
$
92,795

 
$
181,650

Net income (loss) attributable to Lexington Realty Trust shareholders
 
$
7

 
$
(4,837
)
Net loss attributable to common shareholders
 
$
(7,896
)
 
$
(18,538
)
Net loss per common share - basic and diluted
 
$
(0.05
)
 
$
(0.12
)