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Debt (Tables)
 9 Months Ended
Sep. 30, 2016
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments
The Company had the following mortgages and notes payable outstanding as of September 30, 2016 and December 31, 2015:
 
September 30, 2016
 
December 31, 2015
Mortgages and notes payable
$
765,045

 
$
882,952

Unamortized debt issuance costs
(7,327
)
 
(10,309
)
 
$
757,718

 
$
872,643
Debt Instrument Redemption
The Company had the following senior notes outstanding as of September 30, 2016 and December 31, 2015:
Issue Date
 
September 30, 2016
 
December 31, 2015
 
Interest Rate
 
Maturity Date
 
Issue Price
May 2014
 
$
250,000

 
$
250,000

 
4.40
%
 
June 2024
 
99.883
%
June 2013
 
250,000

 
250,000

 
4.25
%
 
June 2023
 
99.026
%
 
 
500,000

 
500,000

 
 
 
 
 
 
Unamortized discount
 
(1,848
)
 
(2,053
)
 
 
 
 
 
 
Unamortized debt issuance cost
 
(3,999
)
 
(4,421
)
 
 
 
 
 
 
 
 
$
494,153

 
$
493,526

 
 
 
 
 
 
Schedule of Line of Credit Facilities
A summary of the significant terms are as follows:
 

Maturity Date
 
Current
Interest Rate
$400,000 Revolving Credit Facility(1)
August 2019
 
LIBOR + 1.00%
$250,000 Term Loan(2)(4)
August 2020
 
LIBOR + 1.10%
$255,000 Term Loan(3)(4)
January 2021
 
LIBOR + 1.10%
(1)
Maturity date can be extended to August 2020 at the Company's option. The interest rate ranges from LIBOR plus 0.85% to 1.55%. At September 30, 2016, the revolving credit facility had no amounts outstanding and availability of $400,000, subject to covenant compliance.
(2)
The interest rate ranges from LIBOR plus 0.90% to 1.75%. The Company previously entered into aggregate interest-rate swap agreements to fix the LIBOR component at a weighted-average rate of 1.09% through February 2018 on the $250,000 of outstanding LIBOR-based borrowings.
(3)
The interest rate ranges from LIBOR plus 0.90% to 1.75%. The Company previously entered into aggregate interest-rate swap agreements to fix the LIBOR component at a weighted-average rate of 1.42% through January 2019 on the $255,000 of outstanding LIBOR-based borrowings.
(4)
The aggregate unamortized debt issuance costs for the term loans were $4,161 and $4,924 as of September 30, 2016 and December 31, 2015, respectively.
LCIF [Member]  
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments
The Partnership had the following mortgages and notes payable outstanding as of September 30, 2016 and December 31, 2015:
 
September 30, 2016
 
December 31, 2015
Mortgages and notes payable
$
170,215

 
$
437,492

Unamortized debt issuance costs
(771
)
 
(5,893
)
 
$
169,444

 
$
431,599
Schedule of Line of Credit Facilities
A summary of the significant terms are as follows:
 
Maturity Date
 
Current
Interest Rate
$400,000 Revolving Credit Facility(1)
August 2019
 
LIBOR + 1.00%
$250,000 Term Loan(2)
August 2020
 
LIBOR + 1.10%
$255,000 Term Loan(3)
January 2021
 
LIBOR + 1.10%
(1)
Maturity date can be extended to August 2020 at the Lexington's option. The interest rate ranges from LIBOR plus 0.85% to 1.55%. At September 30, 2016, the revolving credit facility had no amounts outstanding and availability of $400,000 subject to covenant compliance.
(2)
The interest rate ranges from LIBOR plus 0.90% to 1.75%. Interest-rate swap agreements were previously entered into to fix the LIBOR component at a weighted-average rate of 1.09% through February 2018 on the $250,000 of outstanding LIBOR-based borrowings.
(3)
The interest rate ranges from LIBOR plus 0.90% to 1.75%. Interest-rate swap agreements were previously entered into to fix the LIBOR component at a weighted-average rate of 1.42% through January 2019 on the $255,000 of outstanding LIBOR-based borrowings.