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Equity (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Common Stock Granted
During the three months ended March 31, 2019 and 2018, the Company granted common shares to certain employees as follows:
 
Three Months Ended March 31,
 
2019
 
2018
Performance Shares(1)
 
 
 
Shares granted:
 
 
 
Index - 1Q
276,063

 
331,025

Peer - 1Q
276,058

 
331,019

 
 
 
 
Grant date fair value per share:(2)
 
 
 
Index - 1Q
$
5.05

 
$
5.81

Peer - 1Q
$
4.67

 
$
5.37

 
 
 
 
Non-Vested Common Shares:(3)
 
 
 
Shares issued
277,460

 
237,570

Grant date fair value
$
2,270

 
$
2,190

(1)
The shares vest based on the Company's total shareholder return growth after a three-year measurement period relative to an index and a group of Company peers. Dividends are not paid on these grants until earned. Once the performance criteria are met and the actual number of shares earned is determined, such shares vest immediately. During the three months ended March 31, 2019, 713,044 of the 808,929 performance shares issued in 2016 vested.
(2)
The fair value of grants was determined at the grant date using a Monte Carlo simulation model.
(3)
The shares vest ratably over a three-year service period.
Schedule of Accumulated Other Comprehensive Income (Loss)
A summary of the changes in accumulated other comprehensive income related to the Company's cash flow hedges is as follows:
 
 
Three Months Ended March 31,
 
 
2019
 
2018
Balance at beginning of period
 
$
76

 
$
1,065

Other comprehensive income before reclassifications
 
1

 
494

Amounts of income reclassified from accumulated other comprehensive income to interest expense
 
(77
)
 
(248
)
Balance at end of period
 
$

 
$
1,311

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net
The following discloses the effects of changes in the Company's ownership interests in its noncontrolling interests:
 
Net Income (Loss) Attributable to Shareholders and Transfers from Noncontrolling Interests
 
Three Months ended March 31,
 
2019
 
2018
Net income (loss) attributable to Lexington Realty Trust shareholders
$
28,027

 
$
(14,315
)
Transfers from noncontrolling interests:
 
 
 
Increase in additional paid-in-capital for redemption of noncontrolling OP units
156

 

Change from net income (loss) attributable to shareholders and transfers from noncontrolling interests
$
28,183

 
$
(14,315
)