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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Gross revenues:        
Rental $ 97,649 $ 87,565 $ 192,171 $ 176,219
Tenant reimbursements 7,844 8,119 15,959 15,564
Total gross revenues 105,493 95,684 208,130 191,783
Expense applicable to revenues:        
Depreciation and amortization (45,440) (42,320) (91,977) (85,211)
General and administrative (7,421) (8,141) (16,417) (17,598)
Non-operating income 354 1,371 900 3,992
Interest and amortization expense (21,734) (19,216) (42,065) (38,941)
Debt satisfaction charges, net 0 (46) 0 (46)
Impairment charges and loan loss (35,269) (13,599) (88,318) (21,591)
Gains on sales of properties 14,432 10,240 37,206 44,433
Income (loss) before provision for income taxes and equity in earnings (losses) of non-consolidated entities (491) 10,999 (14,924) 51,731
Provision for income taxes (379) (377) (882) (799)
Equity in earnings (losses) of non-consolidated entities 75 (3,257) 188 (1,347)
Net income (loss) (795) 7,365 (15,618) 49,585
Less net income attributable to noncontrolling interests (899) (213) (391) (393)
Net income (loss) attributable to Lexington Realty Trust shareholders (1,694) 7,152 (16,009) 49,192
Allocation to participating securities (60) (60) (130) (131)
Net income (loss) attributable to common shareholders $ (3,327) $ 5,519 $ (19,284) $ 45,916
Net income (loss) attributable to common shareholders - per common share basic (in dollars per share) $ (0.01) $ 0.02 $ (0.08) $ 0.19
Weighted-average common shares outstanding – basic (in shares) 237,312,726 237,720,198 237,690,306 237,451,355
Net income (loss) attributable to common shareholders – per common share diluted (in dollars per share) $ (0.01) $ 0.02 $ (0.08) $ 0.19
Weighted-average common shares outstanding – diluted (in shares) 237,312,726 241,531,313 237,690,306 241,310,529
Series C [Member]        
Expense applicable to revenues:        
Dividends attributable to preferred shares – Series C $ (1,573) $ (1,573) $ (3,145) $ (3,145)
Property Operating [Member]        
Expense applicable to revenues:        
Property operating (10,906) (12,974) (22,383) (25,090)
LCIF [Member]        
Gross revenues:        
Rental 19,846 18,691 39,789 35,999
Tenant reimbursements 1,828 1,955 3,992 3,928
Total gross revenues 21,674 20,646 43,781 39,927
Expense applicable to revenues:        
Depreciation and amortization (9,239) (9,209) (18,111) (18,381)
General and administrative (1,888) (1,853) (3,673) (3,292)
Non-operating income 165 3 167 232
Interest and amortization expense (5,381) (3,932) (10,393) (7,339)
Impairment charges and loan loss (1,208) (2,762) (23,938) (5,259)
Gains on sales of properties 14,432 0 15,362 0
Income (loss) before provision for income taxes and equity in earnings (losses) of non-consolidated entities 16,239 (149) (2,235) (711)
Provision for income taxes (25) (18) (37) (26)
Equity in earnings (losses) of non-consolidated entities 72 159 324 259
Net income (loss) $ 16,286 $ (8) $ (1,948) $ (478)
Net income (loss) per unit (in dollars per unit) $ 0.20 $ 0.00 $ (0.02) $ (0.01)
Weighted-average units outstanding (in units) 80,565,611 83,241,396 80,565,611 83,241,396
LCIF [Member] | Property Operating [Member]        
Expense applicable to revenues:        
Property operating $ (2,316) $ (3,042) $ (5,430) $ (6,599)