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Equity (Tables)
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Stock Redemptions and Retirements
During the nine months ended September 30, 2013, the Company repurchased and retired the following shares of its preferred stock:
7.55% Series D Cumulative Redeemable 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
 
 
Gains and Losses
on Cash Flow Hedges
Balance December 31, 2013
 
$
4,439

Other comprehensive loss before reclassifications
 
(5,237
)
Amounts of loss reclassified from accumulated other comprehensive income to interest expense
 
4,103

Balance September 30, 2014
 
$
3,305

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
 
Nine Months ended September 30,
 
2014
 
2013
Net income attributable to Lexington Realty Trust shareholders
$
55,741

 
$
8,807

Transfers from noncontrolling interests:
 

 
 
Increase (decrease) in additional paid-in-capital for redemption of noncontrolling OP units
(950
)
 
887

Change from net income attributable to shareholders and transfers from noncontrolling interests
$
54,791

 
$
9,694