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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Gross revenues:    
Rental revenue $ 91,645 $ 78,735
Total gross revenues 92,557 80,827
Expense applicable to revenues:    
Depreciation and amortization (42,176) (40,509)
General and administrative (8,420) (7,825)
Non-operating income 477 190
Interest and amortization expense (11,486) (14,795)
Debt satisfaction gains, net 0 1,393
Gains on sales of properties 21,919 9,805
Income before provision for income taxes and equity in earnings (losses) of non-consolidated entities 41,937 18,810
Provision for income taxes (372) (653)
Equity in earnings (losses) of non-consolidated entities (90) 263
Net income 41,475 18,420
Less net income attributable to noncontrolling interests (433) (266)
Net income attributable to Lexington Realty Trust shareholders 41,042 18,154
Allocation to participating securities (69) (46)
Net income attributable to common shareholders $ 39,401 $ 16,536
Net income (loss) attributable to common shareholders - per common share basic (in dollars per share) $ 0.14 $ 0.07
Weighted-average common shares outstanding – basic (in shares) 275,416,327 253,038,161
Net income (loss) attributable to common shareholders – per common share diluted (in dollars per share) $ 0.14 $ 0.06
Weighted-average common shares outstanding – diluted (in shares) 279,053,697 257,347,277
Series C    
Expense applicable to revenues:    
Dividends attributable to preferred shares – Series C $ (1,572) $ (1,572)
Other revenue    
Gross revenues:    
Other revenue 912 2,092
Property operating    
Expense applicable to revenues:    
Property operating $ (10,934) $ (10,276)