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Equity (Tables)
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Stock Redemptions and Retirements
During the six months ended June 30, 2013, the Company repurchased and retired the following shares of its preferred stock:
7.55% Series D Cumulative Preferred Stock
 
Shares redeemed and retired
 
6,200,000

Redemption cost(1)
 
$
155,621

Deemed dividend(2)
 
$
5,230

(1)
Includes accrued and unpaid dividends.
(2)
Represents the difference between the redemption cost and historical GAAP cost. Accordingly, net income was adjusted for the deemed dividend to arrive at net loss attributable to common shareholders.
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in Accumulated Other Comprehensive Income (Loss)
 
 
Gains and Losses
on Cash Flow Hedges
Balance December 31, 2013
 
$
4,439

Other comprehensive loss before reclassifications
 
(7,186
)
Amounts of loss reclassified from accumulated other comprehensive income to interest expense
 
2,681

Balance June 30, 2014
 
$
(66
)
Effects of Changes in the Company's Ownership Interests in Noncontrolling Interests
The following discloses the effects of changes in the Company's ownership interests in its noncontrolling interests:
 
Net Income Attributable to Shareholders and Transfers from Noncontrolling Interests
 
Six Months ended June 30,
 
2014
 
2013
Net income attributable to Lexington Realty Trust shareholders
$
15,336

 
$
4,112

Transfers from noncontrolling interests:
 

 
 
Increase (decrease) in additional paid-in-capital for redemption of noncontrolling OP units
(959
)
 
861

Change from net income attributable to shareholders and transfers from noncontrolling interests
$
14,377

 
$
4,973