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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Gross revenues:      
Rental revenue $ 339,944 $ 325,811 $ 320,622
Total gross revenues 343,997 330,448 325,969
Expense applicable to revenues:      
Depreciation and amortization (176,714) (161,592) (147,594)
General and administrative (35,458) (30,371) (30,785)
Non-operating income 1,364 743 2,262
Interest and amortization expense (46,708) (55,201) (65,095)
Debt satisfaction gains (losses), net (13,894) 21,452 (4,517)
Impairment charges (5,541) (14,460) (5,329)
Gains on sales of properties 367,274 139,039 250,889
Income (loss) before provision for income taxes and equity in earnings of non-consolidated entities 386,574 188,144 283,782
Provision for income taxes (1,293) (1,584) (1,379)
Equity in earnings (losses) of non-consolidated entities (190) (169) 2,890
Net income 385,091 186,391 285,293
Less net income attributable to noncontrolling interests (2,443) (3,089) (5,383)
Net income attributable to LXP Industrial Trust shareholders 382,648 183,302 279,910
Dividends attributable to preferred shares - Series C (6,290) (6,290) (6,290)
Allocation to participating securities (510) (224) (395)
Net income attributable to common shareholders $ 375,848 $ 176,788 $ 273,225
Net income attributable to common shareholders - basic (usd per share) $ 1.35 $ 0.66 $ 1.15
Weighted-average common shares outstanding - basic (in shares) 277,640,835 266,914,843 237,642,048
Net income attributable to common shareholders - diluted (usd per share) $ 1.34 $ 0.66 $ 1.15
Weighted-average common shares outstanding - diluted (in shares) 287,369,742 268,182,552 237,934,515
Other      
Gross revenues:      
Other revenue $ 4,053 $ 4,637 $ 5,347
Real Estate      
Expense applicable to revenues:      
Property operating $ (47,746) $ (41,914) $ (42,018)