Subsequent Events

6 Months Ended

Jun. 30, 2016

Subsequent to June 30, 2016 and in addition to disclosures elsewhere in the unaudited condensed consolidated financial statements, the Company:


•	sold two properties to unrelated third parties for a gross sales price of $4,438;


•	financed its Lake Jackson, Texas build-to-suit project with a $197,150 non-recourse mortgage loan. The loan bears interest at a fixed rate of 4.04% and matures in October 2036; and


•	converted the remaining $11,900 original principal amount of 6.00% Convertible Guaranteed Notes due 2030 for 1,892,269 common shares.

Subsequent to June 30, 2016 and in addition to disclosures elsewhere in the unaudited condensed consolidated financial statements, the Partnership:


•	sold its interest in a vacant office property in Foxborough, Massachusetts to an unrelated third party for a gross disposition price of $4,100; and


•	was relieved of its guarantee of the Guaranteed Notes as all outstanding amounts were converted to common shares of Lexington.