2024 Q1 Form 10-K Financial Statement

#000144483824000053 Filed on February 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $86.25M $82.96M $340.5M
YoY Change 1.38% 2.28% 5.99%
Cost Of Revenue $15.19M $12.72M $58.39M
YoY Change 5.84% 8.65% 13.77%
Gross Profit $71.06M $70.24M $282.1M
YoY Change 0.48% 1.21% 4.52%
Gross Profit Margin 82.39% 84.67% 82.85%
Selling, General & Admin $9.493M $9.468M $36.33M
YoY Change -6.33% -9.89% -14.02%
% of Gross Profit 13.36% 13.48% 12.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.51M $46.22M $186.5M
YoY Change 3.87% 0.65% 1.7%
% of Gross Profit 66.85% 65.8% 66.12%
Operating Expenses $57.00M $55.69M $219.8M
YoY Change 1.86% -1.48% -1.39%
Operating Profit $14.07M $14.55M $62.28M
YoY Change -4.77% 13.02% 32.51%
Interest Expense $16.98M -$13.89M $46.39M
YoY Change 49.07% -155.36% 2.14%
% of Operating Profit 120.75% -95.42% 74.48%
Other Income/Expense, Net $3.769M $2.251M $2.982M
YoY Change 1842.78% 286.77% 218.93%
Pretax Income $851.0K $20.76M $35.26M
YoY Change -89.26% -48.0% -65.21%
Income Tax $125.0K $57.00K $703.0K
% Of Pretax Income 14.69% 0.27% 1.99%
Net Earnings -$269.0K $12.99M $30.38M
YoY Change -102.41% -64.78% -73.3%
Net Earnings / Revenue -0.31% 15.65% 8.92%
Basic Earnings Per Share -$0.01 $0.08
Diluted Earnings Per Share -$0.01 $0.04 $0.08
COMMON SHARES
Basic Shares Outstanding 294.3M shares 292.6M shares 290.2M shares
Diluted Shares Outstanding 291.3M shares 291.2M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $163.2M $199.2M $199.2M
YoY Change 280.25% 266.33% 266.33%
Cash & Equivalents $163.2M $199.2M $199.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $4.545M $5.327M $85.75M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $250.8M $285.0M $285.0M
YoY Change 106.5% 121.25% 121.25%
LONG-TERM ASSETS
Property, Plant & Equipment $3.643B $3.667B $3.667B
YoY Change -2.46% -2.23% -2.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $47.01M $48.50M $178.6M
YoY Change -10.58% -16.68% 206.9%
Other Assets $60.89M $44.39M $44.39M
YoY Change -12.87% -51.62% -51.62%
Total Long-Term Assets $3.906B $3.908B $3.908B
YoY Change 0.56% -0.44% -0.44%
TOTAL ASSETS
Total Short-Term Assets $250.8M $285.0M $285.0M
Total Long-Term Assets $3.906B $3.908B $3.908B
Total Assets $4.156B $4.193B $4.193B
YoY Change 3.78% 3.43% 3.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.26M $57.98M $57.98M
YoY Change 7.16% -21.92% -21.92%
Accrued Expenses $37.25M $31.61M $31.61M
YoY Change 8.23% -7.83% -7.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $138.1M $129.2M $129.2M
YoY Change 6.42% -12.09% -12.09%
LONG-TERM LIABILITIES
Long-Term Debt $1.770B $1.771B $1.771B
YoY Change 19.16% 19.0% 19.0%
Other Long-Term Liabilities $27.37M $27.29M $27.29M
YoY Change -5.1% -1.9% -1.9%
Total Long-Term Liabilities $1.798B $1.798B $1.798B
YoY Change 18.7% 18.62% 18.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.1M $129.2M $129.2M
Total Long-Term Liabilities $1.798B $1.798B $1.798B
Total Liabilities $1.936B $1.927B $1.961B
YoY Change 17.73% 15.9% 15.26%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $29.00K $29.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.189B $2.232B $2.232B
YoY Change
Total Liabilities & Shareholders Equity $4.156B $4.193B $4.193B
YoY Change 3.78% 3.43% 3.43%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$269.0K $12.99M $30.38M
YoY Change -102.41% -64.78% -73.3%
Depreciation, Depletion And Amortization $47.51M $46.22M $186.5M
YoY Change 3.87% 0.65% 1.7%
Cash From Operating Activities $38.92M $55.95M $209.4M
YoY Change 3.65% 39.32% 7.81%
INVESTING ACTIVITIES
Capital Expenditures $26.81M $38.45M $153.7M
YoY Change -29.38% -47.91% -65.16%
Acquisitions
YoY Change
Other Investing Activities -$891.0K -$98.50M -$29.70M
YoY Change -102.75% -318.67% -114.53%
Cash From Investing Activities -$27.70M -$137.0M -$183.5M
YoY Change 400.92% 376.09% -22.57%
FINANCING ACTIVITIES
Cash Dividend Paid $39.54M $151.9M
YoY Change 3.49% 6.65%
Common Stock Issuance & Retirement, Net $2.661M
YoY Change -103.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$47.25M 244.9M $119.0M
YoY Change 8.67% 1700.99% -226.73%
NET CHANGE
Cash From Operating Activities $38.92M 55.95M $209.4M
Cash From Investing Activities -$27.70M -137.0M -$183.5M
Cash From Financing Activities -$47.25M 244.9M $119.0M
Net Change In Cash -$36.03M 163.9M $145.0M
YoY Change 214.3% 555.8% -206.18%
FREE CASH FLOW
Cash From Operating Activities $38.92M $55.95M $209.4M
Capital Expenditures $26.81M $38.45M $153.7M
Free Cash Flow $12.11M $17.50M $55.70M
YoY Change -3032.45% -151.99% -122.55%

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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 lxp Impairment Charges And Loan Losses Continuing Operations
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CY2021 us-gaap Proceeds From Notes Payable
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CY2021 us-gaap Proceeds From Minority Shareholders
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CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
130675000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023 lxp Payments To Acquire Additional Interest In Subsidiaries Financing Activities
PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities
0 usd
CY2022 lxp Payments To Acquire Additional Interest In Subsidiaries Financing Activities
PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities
27958000 usd
CY2021 lxp Payments To Acquire Additional Interest In Subsidiaries Financing Activities
PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-2661000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
215574000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
60575000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
118962000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-93871000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
129102000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
144957000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-136521000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11686000 usd
CY2023Q4 lxp Restricted Cash Held For Sale
RestrictedCashHeldForSale
0 usd
CY2022Q4 lxp Restricted Cash Held For Sale
RestrictedCashHeldForSale
0 usd
CY2021Q4 lxp Restricted Cash Held For Sale
RestrictedCashHeldForSale
80000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54506000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191027000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179421000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
199463000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54506000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191027000 usd
CY2023Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
115 property
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
18 state
CY2023Q4 lxp Number Of Joint Venture Interests
NumberOfJointVentureInterests
7 jointventure
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Revenue Recognition. </span>The Company recognizes operating lease revenue on a straight-line basis over the term of the lease unless another systematic and rational basis is more representative of the time pattern in which the use benefit is derived from the leased property. Revenue is recognized on a contractual basis for leases with escalations tied to a consumer price index with no floor. The Company evaluates the collectability of its rental payments and recognizes revenue on a cash basis when the Company believes it is no longer probable that it will receive substantially all of the remaining lease payments. Renewal options in leases are excluded from the calculation of straight-line rent if the renewals are not reasonably certain. If the Company funds tenant improvements and the improvements are deemed to be owned by the Company, revenue recognition will commence when the improvements are substantially completed and possession or control of the space is turned over to the tenant. If the Company determines that the tenant allowances are lease incentives, the Company commences revenue recognition when possession or control of the space is turned over to the tenant for tenant work to begin. The lease incentive is recorded as a deferred expense and amortized as a reduction of revenue on a straight-line basis over the respective lease term. The Company recognizes lease termination fees as rental revenue in the period received and writes off unamortized lease-related intangible and other lease-related account balances, provided there are no further Company obligations under the lease. Otherwise, such fees and balances are recognized on a straight-line basis over the remaining obligation period with the termination payments being recorded as a component of rent receivable-deferred on the consolidated balance sheets. Sales-type lease income is recognized on an effective interest rate basis at a constant rate of return over the term of the applicable leases using the rate implicit in the leases. The investment in a sales-type lease balance is increased every period to reflect income on the net investment in the lease and reduced by the amount of lease payments collected during the period.
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Management has made a number of significant estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses to prepare these consolidated financial statements in conformity with GAAP. These estimates and assumptions are based on management's best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates when facts and circumstances dictate. The most significant estimates made include the recoverability of current and deferred accounts receivable, allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed, the determination of VIEs and which entities should be consolidated, the determination of impairment of long-lived assets and equity method investments, valuation of derivative financial instruments, valuation of awards granted under compensation plans, the determination of the incremental borrowing rate for leases where the Company is the lessee, the determination of the term and fair value of sales-type leases, the estimate of credit losses for investments in sales-type leases and the useful lives of long-lived assets. Actual results could differ materially from those estimates.</span></div>
CY2023 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="margin-bottom:9pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Impairment of Real Estate. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company evaluates the carrying value of all tangible and intangible real estate assets held for investment for possible impairment when an event or change in circumstance has occurred that indicates its carrying value may not be recoverable. The Company considers the strategic decisions regarding the future plans to sell properties and other market factors. The Company regularly updates significant estimates and assumptions including rental rates, capitalization rates and discount rates, which are included in the anticipated future undiscounted cash flows derived from the asset. If such cash flows are less than the asset's carrying value, an impairment charge is recognized to the extent by which the asset's carrying value exceeds its estimated fair value, which may be below the balance of any non-recourse financing. Estimating future cash flows and fair values is highly subjective and such estimates could differ materially from actual results.</span></div>
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:12pt;margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Certain amounts included in prior years' financial statements have been reclassified to conform to the current year's presentation.</span></div>
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23863000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23863000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107307000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
107307000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
375848000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
375848000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
290245877 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
279887760 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
277640835 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23863000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23863000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107307000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
107307000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
375848000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
375848000 usd
CY2023 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-58000 usd
CY2022 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
156000 usd
CY2021 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
7962000 usd
CY2023 lxp Income Loss From Continuing Operations Attributable To Common Shareholders Net Of Deductions
IncomeLossFromContinuingOperationsAttributableToCommonShareholdersNetOfDeductions
23805000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
11319000 usd
CY2022 lxp Income Loss From Continuing Operations Attributable To Common Shareholders Net Of Deductions
IncomeLossFromContinuingOperationsAttributableToCommonShareholdersNetOfDeductions
107463000 usd
CY2021 lxp Income Loss From Continuing Operations Attributable To Common Shareholders Net Of Deductions
IncomeLossFromContinuingOperationsAttributableToCommonShareholdersNetOfDeductions
383810000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
290245877 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
279887760 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
277640835 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
127251 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
457597 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
989177 shares
CY2023 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
1274842 shares
CY2021 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
2110315 shares
CY2023 lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
820386 shares
CY2022 lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
853259 shares
CY2021 lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
1918845 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
4710570 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
291193514 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
282473458 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
287369742 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3424334000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3335029000 usd
CY2023Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
348133000 usd
CY2022Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
346816000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
1772000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
9221000 usd
CY2023Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
80743000 usd
CY2022Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
84412000 usd
CY2023Q4 us-gaap Real Estate Inventory Construction Materials
RealEstateInventoryConstructionMaterials
319355000 usd
CY2022Q4 us-gaap Real Estate Inventory Construction Materials
RealEstateInventoryConstructionMaterials
361924000 usd
CY2023Q4 lxp Real Estate Investment Property Finite Lived Intangible Assets And Construction In Progress Gross
RealEstateInvestmentPropertyFiniteLivedIntangibleAssetsAndConstructionInProgressGross
4488862000 usd
CY2022Q4 lxp Real Estate Investment Property Finite Lived Intangible Assets And Construction In Progress Gross
RealEstateInvestmentPropertyFiniteLivedIntangibleAssetsAndConstructionInProgressGross
4466009000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
904709000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
800470000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3584153000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3665539000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
191332000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
173443000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
26487000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22558000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
19550000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14466000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
9385000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
11214000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1830000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
1740000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
1538000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
1292000 usd
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1004000 usd
CY2023 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
146376000 usd
CY2023Q4 us-gaap Land
Land
19944000 usd
CY2023Q4 lxp Investment Building And Building Improvements Acquired During Period
InvestmentBuildingAndBuildingImprovementsAcquiredDuringPeriod
126432000 usd
CY2022 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
195249000 usd
CY2022Q4 us-gaap Land
Land
14057000 usd
CY2022Q4 lxp Investment Building And Building Improvements Acquired During Period
InvestmentBuildingAndBuildingImprovementsAcquiredDuringPeriod
174180000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
7012000 usd
CY2023Q4 lxp Real Estate Under Construction Number Of Real Estate Properties
RealEstateUnderConstructionNumberOfRealEstateProperties
7 building
CY2023Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
4182143 sqft
CY2023Q4 lxp Real Estate Under Construction Estimated Project Cost
RealEstateUnderConstructionEstimatedProjectCost
347100000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
319355000 usd
CY2023Q4 lxp Real Estate Under Construction Amount Funded
RealEstateUnderConstructionAmountFunded
288807000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
319355000 usd
CY2023 lxp Construction In Progress Capitalized Interest
ConstructionInProgressCapitalizedInterest
8134000 usd
CY2022 lxp Construction In Progress Capitalized Interest
ConstructionInProgressCapitalizedInterest
6330000 usd
CY2023Q4 lxp Area Of Land Held For Development
AreaOfLandHeldForDevelopment
450 acre
CY2023Q4 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
80743000 usd
CY2023Q4 lxp Land Held For Development Amount Funded
LandHeldForDevelopmentAmountFunded
80342000 usd
CY2021 us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
1598906 shares
CY2021 us-gaap Transfer Mortgage Payable
TransferMortgagePayable
11610000 usd
CY2021Q4 lxp Note Receivable Stated Interest Rate
NoteReceivableStatedInterestRate
0.060
CY2023Q4 lxp Numberof Real Estate Properties Held For Sale
NumberofRealEstatePropertiesHeldForSale
2 property
CY2022Q4 lxp Numberof Real Estate Properties Held For Sale
NumberofRealEstatePropertiesHeldForSale
3 property
CY2023Q4 lxp Disposal Group Including Discontinued Operation Real Estate At Cost
DisposalGroupIncludingDiscontinuedOperationRealEstateAtCost
9018000 usd
CY2022Q4 lxp Disposal Group Including Discontinued Operation Real Estate At Cost
DisposalGroupIncludingDiscontinuedOperationRealEstateAtCost
131557000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
0 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
9942000 usd
CY2023Q4 lxp Disposal Group Including Discontinued Operation Accumulated Depreciationand Amortization
DisposalGroupIncludingDiscontinuedOperationAccumulatedDepreciationandAmortization
0 usd
CY2022Q4 lxp Disposal Group Including Discontinued Operation Accumulated Depreciationand Amortization
DisposalGroupIncludingDiscontinuedOperationAccumulatedDepreciationandAmortization
76205000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
150000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
1140000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
9168000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
66434000 usd
CY2023Q4 lxp Disposal Group Including Discontinued Operations Accounts Payable And Other Liabilities
DisposalGroupIncludingDiscontinuedOperationsAccountsPayableAndOtherLiabilities
5000 usd
CY2022Q4 lxp Disposal Group Including Discontinued Operations Accounts Payable And Other Liabilities
DisposalGroupIncludingDiscontinuedOperationsAccountsPayableAndOtherLiabilities
637000 usd
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Revenue
DisposalGroupIncludingDiscontinuedOperationDeferredRevenue
53000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Revenue
DisposalGroupIncludingDiscontinuedOperationDeferredRevenue
143000 usd
CY2023Q4 lxp Disposal Group Including Discontinued Operation Advance Rent
DisposalGroupIncludingDiscontinuedOperationAdvanceRent
359000 usd
CY2022Q4 lxp Disposal Group Including Discontinued Operation Advance Rent
DisposalGroupIncludingDiscontinuedOperationAdvanceRent
370000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
417000 usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
1150000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
16490000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3037000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5541000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
48495000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
58206000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1366000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16006000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-190000 usd
CY2022 lxp Lessor Lease Execution Costs
LessorLeaseExecutionCosts
2000 usd
CY2021 lxp Lessor Lease Execution Costs
LessorLeaseExecutionCosts
19000 usd
CY2023Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
1 property
CY2023Q4 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
100 acre
CY2023 us-gaap Sales Type Lease Lease Income
SalesTypeLeaseLeaseIncome
7427000 usd
CY2022 us-gaap Sales Type Lease Lease Income
SalesTypeLeaseLeaseIncome
1936000 usd
CY2021 us-gaap Sales Type Lease Lease Income
SalesTypeLeaseLeaseIncome
0 usd
CY2022Q4 lxp Number Of Tenants Exercising Purchase Option
NumberOfTenantsExercisingPurchaseOption
2 tenant
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
275186000 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
267644000 usd
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
287552000 usd
CY2023 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
7427000 usd
CY2022 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
1936000 usd
CY2021 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
0 usd
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
51607000 usd
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
44412000 usd
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
52392000 usd
CY2023 us-gaap Lease Income
LeaseIncome
334220000 usd
CY2022 us-gaap Lease Income
LeaseIncome
313992000 usd
CY2021 us-gaap Lease Income
LeaseIncome
339944000 usd
CY2022 lxp Operating Lease Lease Termination Income
OperatingLeaseLeaseTerminationIncome
238000 usd
CY2021 lxp Operating Lease Lease Termination Income
OperatingLeaseLeaseTerminationIncome
15371000 usd
CY2023 lxp Operating Lease Lease Termination Income
OperatingLeaseLeaseTerminationIncome
0 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
264322000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
5263000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
254347000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
5473000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
237312000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
5692000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
201098000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
5920000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
170950000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
6156000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
572643000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
733006000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1700672000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
761510000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
697985000 usd
CY2023Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
63525000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y4M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
5060000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
287000 usd
CY2023 us-gaap Lease Cost
LeaseCost
5347000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
5063000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
122000 usd
CY2022 us-gaap Lease Cost
LeaseCost
5185000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
5025000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
73000 usd
CY2021 us-gaap Lease Cost
LeaseCost
5098000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
3320000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
3320000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
3425000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5169000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5174000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4144000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3643000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1031000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5479000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24640000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4407000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
20233000 usd
CY2023 us-gaap Sales Type Lease Impairment Loss
SalesTypeLeaseImpairmentLoss
-32000 usd
CY2023 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
-32000 usd
CY2022 us-gaap Sales Type Lease Impairment Loss
SalesTypeLeaseImpairmentLoss
93000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
93000 usd
CY2022 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
93000 usd
CY2021 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
0 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
63525000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
61000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
63464000 usd
CY2023Q4 lxp Sales Type Lease Net Investment In Lease Allowance For Credit Loss To Total Percent
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossToTotalPercent
0.0010
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
61326000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
93000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
61233000 usd
CY2022Q4 lxp Sales Type Lease Net Investment In Lease Allowance For Credit Loss To Total Percent
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossToTotalPercent
0.0015
CY2022 us-gaap Sales Type Lease Impairment Loss
SalesTypeLeaseImpairmentLoss
93000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
93000 usd
CY2022 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
93000 usd
CY2023 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss Writeoff
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff
0 usd
CY2023 us-gaap Sales Type Lease Impairment Loss
SalesTypeLeaseImpairmentLoss
-32000 usd
CY2023 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
-32000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
61000 usd
CY2021Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
0 usd
CY2022 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss Writeoff
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff
0 usd
CY2022 us-gaap Sales Type Lease Impairment Loss
SalesTypeLeaseImpairmentLoss
93000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
93000 usd
CY2022 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
93000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
93000 usd
CY2023 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
132000 usd
CY2023 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
11059000 usd
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
7235000 usd
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
2974000 usd
CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
8977000 usd
CY2023 us-gaap Interest Expense
InterestExpense
46389000 usd
CY2022 us-gaap Interest Expense
InterestExpense
45417000 usd
CY2023 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1284704 shares
CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
930602 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
949573 shares
CY2022Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
10000000 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
10.78
CY2023Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
6874241 shares
CY2023 lxp Partners Capital Equivalent In Common Shares
PartnersCapitalEquivalentInCommonShares
1.13
CY2023 lxp Partners Capital Account Shares Issued For Units Redeemed
PartnersCapitalAccountSharesIssuedForUnitsRedeemed
832571 shares
CY2022 lxp Partners Capital Account Shares Issued For Units Redeemed
PartnersCapitalAccountSharesIssuedForUnitsRedeemed
39747 shares
CY2021 lxp Partners Capital Account Shares Issued For Units Redeemed
PartnersCapitalAccountSharesIssuedForUnitsRedeemed
185270 shares
CY2023 us-gaap Partners Capital Account Exchanges And Conversions
PartnersCapitalAccountExchangesAndConversions
3393000 usd
CY2022 us-gaap Partners Capital Account Exchanges And Conversions
PartnersCapitalAccountExchangesAndConversions
211000 usd
CY2021 us-gaap Partners Capital Account Exchanges And Conversions
PartnersCapitalAccountExchangesAndConversions
958000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
30383000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
113783000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
382648000 usd
CY2023 lxp Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Reallocation Of Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesReallocationOfNoncontrollingInterests
0 usd
CY2022 lxp Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Reallocation Of Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesReallocationOfNoncontrollingInterests
0 usd
CY2021 lxp Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Reallocation Of Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesReallocationOfNoncontrollingInterests
435000 usd
CY2023 lxp Consolidation Lessthan Wholly Owned Subsidiary Parent Ownership Interest Changes Redemption Of Operating Partnership Units
ConsolidationLessthanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRedemptionOfOperatingPartnershipUnits
3393000 usd
CY2022 lxp Consolidation Lessthan Wholly Owned Subsidiary Parent Ownership Interest Changes Redemption Of Operating Partnership Units
ConsolidationLessthanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRedemptionOfOperatingPartnershipUnits
211000 usd
CY2021 lxp Consolidation Lessthan Wholly Owned Subsidiary Parent Ownership Interest Changes Redemption Of Operating Partnership Units
ConsolidationLessthanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRedemptionOfOperatingPartnershipUnits
958000 usd
CY2023 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
33776000 usd
CY2022 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
113994000 usd
CY2021 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
384041000 usd
CY2023Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
130863 shares
CY2022Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
130863 shares
CY2023Q4 lxp Initial Vesting Percentage
InitialVestingPercentage
0.25
CY2023Q4 lxp Vesting Percentage
VestingPercentage
1
CY2023 lxp Defined Contribution Plan Vesting Period
DefinedContributionPlanVestingPeriod
P4Y
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
499000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
480000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
426000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8210000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6636000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6554000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
26000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
774000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1120000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1267000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-71000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-18000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
703000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1102000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1293000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
89000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
18000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-71000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-18000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
35000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
774000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1120000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1258000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
703000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1102000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1293000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
423000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
84000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54390000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
190926000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
178795000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
116000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
101000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
626000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54506000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191027000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179421000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
199247000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54390000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
190926000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
216000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
116000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
101000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
199463000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54506000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191027000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
51763000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
48675000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
44234000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
951000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1265000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1569000 usd
CY2023 lxp Noncash Investment Increased Investment In Real Estate Under Construction
NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction
21052000 usd
CY2022 lxp Noncash Investment Increased Investment In Real Estate Under Construction
NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction
42962000 usd
CY2021 lxp Noncash Investment Increased Investment In Real Estate Under Construction
NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction
41100000 usd
CY2021Q4 lxp Number Of Properties Encumbered
NumberOfPropertiesEncumbered
1 property
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1589000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1589000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
-764000 usd
CY2023Q4 lxp Sec Schedule1228 Real Estate Companies Investment In Real Estate And Accumulated Depreciation Amount Of Encumbrances Net Of Deferred Finance Costs
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationAmountOfEncumbrancesNetOfDeferredFinanceCosts
60124000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
348133000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
3424334000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3774239000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
713377000 usd
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
4400000000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3691066000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3583978000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3514564000 usd
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
164489000 usd
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
229962000 usd
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
860311000 usd
CY2023 lxp Real Estate Properties Sold
RealEstatePropertiesSold
174466000 usd
CY2022 lxp Real Estate Properties Sold
RealEstatePropertiesSold
161393000 usd
CY2021 lxp Real Estate Properties Sold
RealEstatePropertiesSold
653247000 usd
CY2023 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
93150000 usd
CY2022 us-gaap Real Estate Other Additions
RealEstateOtherAdditions
38519000 usd
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
137650000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3774239000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3691066000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3583978000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
627027000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
504699000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
684468000 usd
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
147617000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
144163000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
138879000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
100474000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
43521000 usd
CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
244751000 usd
CY2023 lxp Real Estate Accumulated Depreciation Other Reclassifications
RealEstateAccumulatedDepreciationOtherReclassifications
-39207000 usd
CY2022 lxp Real Estate Accumulated Depreciation Other Reclassifications
RealEstateAccumulatedDepreciationOtherReclassifications
-21686000 usd
CY2021 lxp Real Estate Accumulated Depreciation Other Reclassifications
RealEstateAccumulatedDepreciationOtherReclassifications
73897000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
713377000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
627027000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
504699000 usd
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001444838-24-000053-index.html Edgar Link pending
0001444838-24-000053.txt Edgar Link pending
0001444838-24-000053-xbrl.zip Edgar Link pending
ex21listofsubsidiaries2023.htm Edgar Link pending
ex23deloitteconsentlxp2023.htm Edgar Link pending
ex311ceocertificationlxp20.htm Edgar Link pending
ex312cfocertificationlxp20.htm Edgar Link pending
ex321ceocertificationlxp20.htm Edgar Link pending
ex322cfocertificationlxp20.htm Edgar Link pending
ex412descriptionofsecuriti.htm Edgar Link pending
ex97executiveincentivecomp.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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lxp-20231231.xsd Edgar Link pending
lxp-20231231_g1.jpg Edgar Link pending
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report.css Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
lxp-20231231_cal.xml Edgar Link unprocessable