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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Gross revenues:    
Rental $ 88,654 $ 103,220
Tenant reimbursements 7,445 8,057
Total gross revenues 96,099 111,277
Expense applicable to revenues:    
Depreciation and amortization (42,891) (43,127)
Property operating (12,116) (12,078)
General and administrative (9,457) (7,775)
Non-operating income 2,621 2,867
Interest and amortization expense (19,725) (22,893)
Debt satisfaction charges, net 0 (162)
Impairment charges and loan loss (7,992) 0
Gains on sales of properties 34,193 17,015
Income before provision for income taxes and equity in earnings of non-consolidated entities. 40,732 45,124
Provision for income taxes (422) (413)
Equity in earnings of non-consolidated entities 1,910 5,742
Net income 42,220 50,453
Less net income attributable to noncontrolling interests (180) (1,010)
Net income attributable to Lexington Realty Trust shareholders 42,040 49,443
Allocation to participating securities (71) (90)
Net income attributable to common shareholders $ 40,397 $ 47,781
Net income attributable to common shareholders - per common share basic (in dollars per share) $ 0.17 $ 0.21
Weighted-average common shares outstanding – basic (in shares) 237,179,526 232,642,803
Net income attributable to common shareholders – per common share diluted (in dollars per share) $ 0.17 $ 0.20
Weighted-average common shares outstanding – diluted (in shares) 241,088,049 238,885,171
Series C [Member]    
Expense applicable to revenues:    
Dividends attributable to preferred shares – Series C $ (1,572) $ (1,572)
LCIF [Member]    
Gross revenues:    
Rental 17,308 31,595
Tenant reimbursements 1,973 2,505
Total gross revenues 19,281 34,100
Expense applicable to revenues:    
Depreciation and amortization (9,172) (9,438)
Property operating (3,557) (4,202)
General and administrative (1,439) (2,073)
Non-operating income 229 0
Interest and amortization expense (3,407) (8,316)
Impairment charges and loan loss (2,497) 0
Gains on sales of properties 0 7,839
Income before provision for income taxes and equity in earnings of non-consolidated entities. (562) 17,910
Provision for income taxes (8) (19)
Equity in earnings of non-consolidated entities $ 100 $ 136
Net income (loss) per unit (in dollars per unit) $ (0.01) $ 0.22
Weighted-average units outstanding (in units) 83,241,396 83,241,396
Net income $ (470) $ 18,027