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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Gross revenues:        
Rental $ 91,251 $ 72,914 $ 178,749 $ 142,857
Advisory and incentive fees 154 765 328 1,088
Tenant reimbursements 8,008 7,150 15,866 14,300
Total gross revenues 99,413 80,829 194,943 158,245
Expense applicable to revenues:        
Depreciation and amortization (45,098) (37,339) (89,580) (74,084)
Property operating (15,924) (13,962) (31,533) (27,313)
General and administrative (6,596) (6,189) (13,759) (11,559)
Non-operating income 1,470 1,626 3,431 4,245
Interest and amortization expense (22,662) (23,469) (46,267) (47,261)
Debt satisfaction charges, net (11,726) (2) (22,722) (1,651)
Litigation reserve 0 (2,800) 0 (2,800)
Impairment charges 0 0 (2,413) 0
Loss before provision for income taxes, equity in earnings of non-consolidated entities and discontinued operations (1,123) (1,306) (7,900) (2,178)
Provision for income taxes (160) (324) (561) (505)
Equity in earnings of non-consolidated entities 204 10,277 339 17,670
Income (loss) from continuing operations (1,079) 8,647 (8,122) 14,987
Discontinued operations:        
Income (loss) from discontinued operations (47) (2,557) 1,672 (2,581)
Provision for income taxes (1,158) (6) (1,162) (11)
Debt satisfaction gains (charges), net (1,299) 0 9,250 1,728
Gains on sales of properties 12,806 2,671 12,806 2,671
Impairment charges (1,391) (3,129) (8,735) (5,690)
Total discontinued operations 8,911 (3,021) 13,831 (3,883)
Net income 7,832 5,626 5,709 11,104
Less net income attributable to noncontrolling interests (1,100) (1,116) (1,597) (2,983)
Net income attributable to Lexington Realty Trust shareholders 6,732 4,510 4,112 8,121
Dividends attributable to preferred shares        
Allocation to participating securities (161) (139) (338) (289)
Redemption discount – Series C 0 0 0 229
Net loss attributable to common shareholders (849) (3,392) (8,144) (5,579)
Income (loss) per common share – basic:        
Income (loss) from continuing operations (dollars per share) $ (0.04) $ 0.00 $ (0.11) $ 0.00
Income (loss) from discontinued operations (dollars per share) $ 0.04 $ (0.02) $ 0.07 $ (0.04)
Net loss attributable to common shareholders (dollars per share) $ 0.00 $ (0.02) $ (0.04) $ (0.04)
Weighted-average common shares outstanding- basic and diluted (shares) 211,619,288 154,558,380 200,487,623 154,353,707
Amounts attributable to common shareholders:        
Income (loss) from continuing operations (9,259) 222 (21,484) (78)
Income (loss) from discontinued operations 8,410 (3,614) 13,340 (5,501)
Net loss attributable to common shareholders (849) (3,392) (8,144) (5,579)
Series B
       
Dividends attributable to preferred shares        
Dividends attributable to preferred shares 0 (919) 0 (2,298)
Deemed dividend 0 2,346 0 [1] 2,346 [1]
Series C
       
Dividends attributable to preferred shares        
Dividends attributable to preferred shares (1,573) (1,573) (3,145) (3,145)
Redemption discount – Series C     0 [1] (229) [1]
Series D
       
Dividends attributable to preferred shares        
Dividends attributable to preferred shares (617) (2,925) (3,543) (5,851)
Deemed dividend $ 5,230 $ 0 $ 5,230 [1] $ 0 [1]
[1] Represents the difference between the redemption/repurchase cost and historical GAAP cost.