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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Gross revenues:      
Rental revenue $ 325,811 $ 320,622 $ 395,339
Total gross revenues 330,448 325,969 396,971
Expense applicable to revenues:      
Depreciation and amortization (161,592) (147,594) (168,191)
General and administrative (30,371) (30,785) (31,662)
Non-operating income 743 2,262 1,859
Interest and amortization expense (55,201) (65,095) (79,880)
Debt satisfaction gains (charges), net 21,452 (4,517) (2,596)
Impairment charges (14,460) (5,329) (95,813)
Gains on sales of properties 139,039 250,889 252,913
Income (loss) before provision for income taxes and equity in earnings of non-consolidated entities 188,144 283,782 230,926
Provision for income taxes (1,584) (1,379) (1,728)
Equity in earnings (losses) of non-consolidated entities (169) 2,890 1,708
Net income 186,391 285,293 230,906
Less net income attributable to noncontrolling interests (3,089) (5,383) (3,491)
Net income attributable to Lexington Realty Trust shareholders 183,302 279,910 227,415
Dividends attributable to preferred shares - Series C (6,290) (6,290) (6,290)
Allocation to participating securities (224) (395) (287)
Net income attributable to common shareholders $ 176,788 $ 273,225 $ 220,838
Net income attributable to common shareholders - basic (usd per share) $ 0.66 $ 1.15 $ 0.93
Weighted-average common shares outstanding - basic (in shares) 266,914,843 237,642,048 236,666,375
Net income attributable to common shareholders - diluted (usd per share) $ 0.66 $ 1.15 $ 0.93
Weighted-average common shares outstanding - diluted (in shares) 268,182,552 237,934,515 240,810,990
Other      
Gross revenues:      
Other income $ 4,637 $ 5,347 $ 1,632
Real Estate      
Expense applicable to revenues:      
Property operating $ (41,914) $ (42,018) $ (42,675)