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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Gross revenues:    
Rental revenue $ 78,536 $ 91,645
Total gross revenues 80,278 92,557
Expense applicable to revenues:    
Depreciation and amortization (44,506) (42,176)
General and administrative (10,737) (8,420)
Non-operating income 32 477
Interest and amortization expense (10,682) (11,486)
Gains on sales of properties 255 21,919
Income before provision for income taxes and equity in earnings (losses) of non-consolidated entities 24 41,937
Provision for income taxes (417) (372)
Equity in earnings (losses) of non-consolidated entities 11,301 (90)
Net income 10,908 41,475
Less net income attributable to noncontrolling interests (286) (433)
Net income attributable to LXP Industrial Trust shareholders 10,622 41,042
Allocation to participating securities (61) (69)
Net income attributable to common shareholders $ 8,989 $ 39,401
Net income attributable to common shareholders - per common share basic (in dollars per share) $ 0.03 $ 0.14
Weighted-average common shares outstanding – basic (in shares) 283,640,465 275,416,327
Net income attributable to common shareholders – per common share diluted (in dollars per share) $ 0.03 $ 0.14
Weighted-average common shares outstanding – diluted (in shares) 289,067,778 279,053,697
Series C    
Expense applicable to revenues:    
Dividends attributable to preferred shares – Series C $ (1,572) $ (1,572)
Other revenue    
Gross revenues:    
Other revenue 1,742 912
Property operating    
Expense applicable to revenues:    
Property operating $ (14,616) $ (10,934)