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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Gross revenues:    
Rental $ 103,559 $ 100,016
Tenant reimbursements 8,057 8,426
Total gross revenues 111,616 108,442
Expense applicable to revenues:    
Depreciation and amortization (43,127) (40,274)
Property operating (12,078) (16,582)
General and administrative (7,775) (7,822)
Non-operating income 2,867 2,614
Interest and amortization expense (22,893) (23,003)
Debt satisfaction gains (charges), net (162) 10,375
Impairment charges 0 (1,139)
Gains on sales of properties 17,015 148
Income before provision for income taxes, equity in earnings of non-consolidated entities and discontinued operations 45,463 32,759
Provision for income taxes (413) (441)
Equity in earnings of non-consolidated entities 5,742 366
Income from continuing operations 50,792 32,684
Discontinued operations:    
Income from discontinued operations 0 110
Gain on sale of property 0 1,577
Total discontinued operations 0 1,687
Net income 50,792 34,371
Less net income attributable to noncontrolling interests (1,023) (866)
Net income attributable to Lexington Realty Trust shareholders 49,769 33,505
Allocation to participating securities (90) (104)
Net income attributable to common shareholders $ 48,107 $ 31,829
Income per common share – basic:    
Income (loss) from continuing operations (in USD per share) $ 0.21 $ 0.13
Income (loss) from discontinued operations (in USD per share) 0.00 0.01
Net income (loss) attributable to common shareholders (USD per share) $ 0.21 $ 0.14
Weighted-average common shares outstanding – basic (in shares) 232,642,803 232,525,675
Income per common share – diluted:    
Income from continuing operations (USD per share) $ 0.21 $ 0.13
Income (loss) from discontinued operations (USD per share) 0.00 0.01
Net income (loss) attributable to common shareholders (USD per share) $ 0.21 $ 0.14
Weighted-average common shares outstanding – diluted (in shares) 238,885,171 232,957,265
Amounts attributable to common shareholders:    
Income from continuing operations $ 48,107 $ 30,142
Income from discontinued operations 0 1,687
Net income attributable to common shareholders 48,107 31,829
Series C [Member]    
Discontinued operations:    
Dividends attributable to preferred shares – Series C $ (1,572) $ (1,572)