Equity (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of Common Stock Granted

During the three months ended March 31, 2020 and 2019, the Company granted common shares to certain employees as follows:

	Three Months Ended March 31,
	2020		2019
Performance Shares(1)
Shares granted:
Index - 1Q	232,993		276,063
Peer - 1Q	232,987		276,058
Grant date fair value per share:(2)
Index - 1Q	$	6.59	$	5.05
Peer - 1Q	$	5.97	$	4.67
Non-Vested Common Shares:(3)
Shares issued	243,270		277,460
Grant date fair value	$	2,581	$	2,270

(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, 2020, 122,779 of the 452,737 performance shares issued in 2017 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 (loss) related to the Company's cash flow hedges is as follows:

	Three Months Ended March 31,
	2020		2019
Balance at beginning of period	$	(1,928)	$	76
Other comprehensive income (loss) before reclassifications	(17,039)		1
Amounts of (income) loss reclassified from accumulated other comprehensive income to interest expense	43		(77)
Balance at end of period	$	(18,924)	$	—

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 Attributable to Shareholders and Transfers from Noncontrolling Interests
	Three Months Ended March 31,
	2020		2019
Net income attributable to Lexington Realty Trust shareholders	$	18,154	$	28,027
Transfers from noncontrolling interests:
Increase in additional paid-in-capital for redemption of noncontrolling OP units	428		156
Change from net income attributable to shareholders and transfers from noncontrolling interests	$	18,582	$	28,183