$LXP
LXP Industrial Trust Stock $lxp

$lxp Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000144483824000090 Filed on July 31, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$85.57M	$85.79M
YoY Change	0.17%	-1.45%
Cost Of Revenue	$15.01M	$15.48M
YoY Change	2.16%	4.19%
Gross Profit	$70.56M	$70.30M
YoY Change	-0.24%	-2.61%
Gross Profit Margin	82.46%	81.95%
Selling, General & Admin	$11.87M	$9.248M
YoY Change	24.89%	-6.54%
% of Gross Profit	16.82%	13.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$48.39M	$48.35M
YoY Change	6.11%	5.12%
% of Gross Profit	68.58%	68.77%
Operating Expenses	$60.29M	$57.61M
YoY Change	9.43%	3.28%
Operating Profit	$10.26M	$12.70M
YoY Change	-34.32%	-22.65%
Interest Expense	-$16.04M	-$17.60M
YoY Change	-246.26%	73.53%
% of Operating Profit	-156.23%	-138.66%
Other Income/Expense, Net	$642.0K	$2.734M
YoY Change	62.94%	1811.89%
Pretax Income	$6.792M	$5.889M
YoY Change	-48.26%	-189.83%
Income Tax	$21.00K	$83.00K
% Of Pretax Income	0.31%	1.41%
Net Earnings	$6.346M	$5.426M
YoY Change	-49.89%	-156.04%
Net Earnings / Revenue	7.42%	6.33%
Basic Earnings Per Share	$0.02	$0.01
Diluted Earnings Per Share	$0.02	$0.01
COMMON SHARES
Basic Shares Outstanding	294.3M shares	294.3M shares
Diluted Shares Outstanding	291.6M shares	291.6M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$54.97M	$48.68M
YoY Change	55.29%	110.16%
Cash & Equivalents	$54.97M	$48.68M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$1.713M	$2.878M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$141.2M	$136.4M
YoY Change	17.02%	30.22%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.497B	$3.625B
YoY Change	-4.98%	-1.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$45.90M	$47.12M
YoY Change	-12.32%	-7.03%
Other Assets	$152.4M	$53.24M
YoY Change	251.94%	-34.54%
Total Long-Term Assets	$3.713B	$3.749B
YoY Change	-2.51%	-2.81%
TOTAL ASSETS
Total Short-Term Assets	$141.2M	$136.4M
Total Long-Term Assets	$3.713B	$3.749B
Total Assets	$3.854B	$3.886B
YoY Change	-1.91%	-1.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$60.01M	$63.74M
YoY Change	4.73%	-1.03%
Accrued Expenses	$32.29M	$28.72M
YoY Change	0.9%	-8.94%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$132.0M	$132.2M
YoY Change	3.48%	-1.52%
LONG-TERM LIABILITIES
Long-Term Debt	$1.571B	$1.571B
YoY Change	6.06%	5.91%
Other Long-Term Liabilities	$25.75M	$22.18M
YoY Change	-2.84%	-15.51%
Total Long-Term Liabilities	$1.596B	$1.593B
YoY Change	5.9%	5.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$132.0M	$132.2M
Total Long-Term Liabilities	$1.596B	$1.593B
Total Liabilities	$1.728B	$1.725B
YoY Change	5.72%	2.6%
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	$2.100B	$2.134B
YoY Change
Total Liabilities & Shareholders Equity	$3.854B	$3.886B
YoY Change	-1.91%	-1.93%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$6.346M	$5.426M
YoY Change	-49.89%	-156.04%
Depreciation, Depletion And Amortization	$48.39M	$48.35M
YoY Change	6.11%	5.12%
Cash From Operating Activities	$64.60M	$38.45M
YoY Change	6.07%	-30.21%
INVESTING ACTIVITIES
Capital Expenditures	$42.37M	$35.70M
YoY Change	-5.21%	9.52%
Acquisitions
YoY Change
Other Investing Activities	$24.73M	$15.46M
YoY Change	-33.34%	-2158.46%
Cash From Investing Activities	-$17.64M	-$20.24M
YoY Change	132.11%	-39.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-40.66M	-262.7M
YoY Change	-0.6%	533.05%
NET CHANGE
Cash From Operating Activities	64.60M	38.45M
Cash From Investing Activities	-17.64M	-20.24M
Cash From Financing Activities	-40.66M	-262.7M
Net Change In Cash	6.301M	-244.5M
YoY Change	-49.19%	1137.64%
FREE CASH FLOW
Cash From Operating Activities	$64.60M	$38.45M
Capital Expenditures	$42.37M	$35.70M
Free Cash Flow	$22.23M	$2.750M
YoY Change	37.2%	-87.78%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	294314556	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	294314556	shares
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	54506000	usd
CY2024Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1935400	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1935400	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1935400	shares
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1935400	shares
CY2024Q2	lxp	Noncontrolling Interest Decrease From Redemptions For Real Estate NoncontrollingInterestDecreaseFromRedemptionsForRealEstate	22988000	usd
CY2024Q2	us-gaap	Noncontrolling Interest Decrease From Deconsolidation NoncontrollingInterestDecreaseFromDeconsolidation	2503000	usd
CY2024Q2	lxp	Common Shares Issuance And Deferred Compensation Costs Amortization CommonSharesIssuanceAndDeferredCompensationCostsAmortization	2530000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.13
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	39817000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	4801000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-2243000	usd
CY2024Q2	us-gaap	Oci Equity Method Investment After Tax OciEquityMethodInvestmentAfterTax	17000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2160512000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2360762000	usd
CY2023Q2	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	190000	usd
CY2023Q2	lxp	Noncontrolling Interest Decrease From Redemptions For Common Shares NoncontrollingInterestDecreaseFromRedemptionsForCommonShares	0	usd
CY2023Q2	lxp	Common Shares Issuance And Deferred Compensation Costs Amortization CommonSharesIssuanceAndDeferredCompensationCostsAmortization	2307000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.125
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	38787000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-7780000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2139000	usd
CY2023Q2	us-gaap	Oci Equity Method Investment After Tax OciEquityMethodInvestmentAfterTax	-108000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2318723000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2265457000	usd
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	665000	usd
	lxp	Noncontrolling Interest Decrease From Redemptions For Real Estate NoncontrollingInterestDecreaseFromRedemptionsForRealEstate	27898000	usd
	us-gaap	Noncontrolling Interest Decrease From Deconsolidation NoncontrollingInterestDecreaseFromDeconsolidation	2503000	usd
	lxp	Common Shares Issuance And Deferred Compensation Costs Amortization CommonSharesIssuanceAndDeferredCompensationCostsAmortization	4813000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1588000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	58812000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	62650000	usd
	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	3696000	usd
	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	7910000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	15493000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	27338000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	0	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	1462000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	699000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	485000	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	2155000	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	5536000	usd
	us-gaap	Payments For Leasing Costs PaymentsForLeasingCosts	2759000	usd
	us-gaap	Payments For Leasing Costs PaymentsForLeasingCosts	1808000	usd
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	130000000	usd
	us-gaap	Proceeds From Sale And Maturity Of Held To Maturity Securities ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities	0	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	-378000	usd
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	364000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	82060000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-38881000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	79070000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	76112000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2663000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	5893000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	50000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	50000000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	198932000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	665000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	296000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	228000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	1054000	usd
	lxp	Payments To Acquire Additional Interest In Subsidiaries Financing Activities PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities	27873000	usd
	lxp	Payments To Acquire Additional Interest In Subsidiaries Financing Activities PaymentsToAcquireAdditionalInterestInSubsidiariesFinancingActivities	0	usd
	lxp	Proceeds From Issuance Of Common Stock Net Of Issuance Costs And Repurchases To Settle Tax Obligations ProceedsFromIssuanceOfCommonStockNetOfIssuanceCostsAndRepurchasesToSettleTaxObligations	-1889000	usd
	lxp	Proceeds From Issuance Of Common Stock Net Of Issuance Costs And Repurchases To Settle Tax Obligations ProceedsFromIssuanceOfCommonStockNetOfIssuanceCostsAndRepurchasesToSettleTaxObligations	-2221000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-309990000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-84984000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-150561000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-31221000	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
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
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	216000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	116000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	199463000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	48676000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23161000	usd
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	226000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	124000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	48902000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23285000	usd
CY2024Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	117	property
CY2024Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	17	state
	us-gaap	Use Of Estimates UseOfEstimates	<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%">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 unaudited condensed 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 estimated 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>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<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>. Certain amounts included in the 2023 unaudited condensed consolidated financial statements have been reclassified to conform to the 2024 presentation.
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3775000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9683000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	291403985	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	290186934	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3775000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9683000	usd
CY2024Q2	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	0	usd
CY2023Q2	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	-81000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3775000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-9764000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	291403985	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	290186934	shares
CY2024Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	211365	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q2	lxp	Incremental Common Shares Attributable To Operating Partnership Units IncrementalCommonSharesAttributableToOperatingPartnershipUnits	0	shares
CY2023Q2	lxp	Incremental Common Shares Attributable To Operating Partnership Units IncrementalCommonSharesAttributableToOperatingPartnershipUnits	828603	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	291615350	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	291015537	shares
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2024Q2	lxp	Real Estate Under Construction Number Of Real Estate Properties RealEstateUnderConstructionNumberOfRealEstateProperties	3	building
CY2024Q2	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	956241	sqft
CY2024Q2	lxp	Real Estate Under Construction Estimated Project Cost RealEstateUnderConstructionEstimatedProjectCost	117300000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	84443000	usd
CY2024Q2	lxp	Real Estate Under Construction Amount Funded RealEstateUnderConstructionAmountFunded	71480000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	84443000	usd
CY2024Q2	lxp	Area Of Land Held For Development AreaOfLandHeldForDevelopment	445	acre
CY2024Q2	us-gaap	Inventory Land Held For Development And Sale InventoryLandHeldForDevelopmentAndSale	86401000	usd
CY2024Q2	lxp	Land Held For Development Amount Funded LandHeldForDevelopmentAmountFunded	80662000	usd
CY2024Q2	lxp	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2023Q4	lxp	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	2	property
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	16490000	usd
CY2023Q4	lxp	Real Estate Investment Assumptions Used To Estimate Fair Value Discount Rate RealEstateInvestmentAssumptionsUsedToEstimateFairValueDiscountRate	0.100
CY2023Q4	lxp	Real Estate Investment Property Assumptions Used To Estimate Fair Value Residual Capitalization Rate RealEstateInvestmentPropertyAssumptionsUsedToEstimateFairValueResidualCapitalizationRate	0.080
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	47120000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	48495000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2286000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2590000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	2687000	usd
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	5436000	usd
CY2024Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	6128000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	34587000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	21537000	usd
CY2024Q2	lxp	Number Of Sales Type Leases NumberOfSalesTypeLeases	1	sales-typelease
CY2024Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	69748000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	69049000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	139760000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	137136000	usd
CY2024Q2	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	1917000	usd
CY2023Q2	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	1848000	usd
	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	3816000	usd
	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	3681000	usd
CY2024Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	13103000	usd
CY2023Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	14168000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	26399000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	27665000	usd
CY2024Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	84768000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	85065000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	169975000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	168482000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	136494000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear	2648000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	270138000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths	5473000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	255230000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears	5692000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	220623000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears	5920000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	186951000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears	6156000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	160456000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears	6403000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	447527000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter	726604000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	1677419000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived	758896000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount	694169000	usd
CY2024Q2	us-gaap	Sales Type And Direct Financing Leases Lease Receivable SalesTypeAndDirectFinancingLeasesLeaseReceivable	64727000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y7M6D
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P9Y2M12D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.041
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.041
	us-gaap	Operating Lease Cost OperatingLeaseCost	2544000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	139000	usd
	us-gaap	Lease Cost LeaseCost	2683000	usd
	us-gaap	Sublease Income SubleaseIncome	1660000	usd
	us-gaap	Sublease Income SubleaseIncome	1660000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2489000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	5174000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4144000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3643000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1031000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	193000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	5287000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	21961000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	4026000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	17935000	usd
CY2024Q2	us-gaap	Sales Type Lease Net Investment In Lease Allowance For Credit Loss SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss	70000	usd
CY2023Q2	us-gaap	Sales Type Lease Net Investment In Lease Allowance For Credit Loss SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss	61000	usd
CY2024Q2	us-gaap	Sales Type Lease Net Investment In Lease SalesTypeLeaseNetInvestmentInLease	64727000	usd
CY2024Q2	us-gaap	Sales Type Lease Net Investment In Lease Allowance For Credit Loss SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss	70000	usd
CY2024Q2	us-gaap	Sales Type Lease Net Investment In Lease After Allowance For Credit Loss SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss	64657000	usd
CY2024Q2	lxp	Sales Type Lease Net Investment In Lease Allowance For Credit Loss To Total Percent SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossToTotalPercent	0.0011
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
	us-gaap	Sales Type Lease Net Investment In Lease Allowance For Credit Loss Writeoff SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossWriteoff	0	usd
	us-gaap	Sales Type Lease Impairment Loss SalesTypeLeaseImpairmentLoss	9000	usd
CY2022Q4	us-gaap	Sales Type Lease Net Investment In Lease Allowance For Credit Loss SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss	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
CY2022Q3	srt	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	10000000	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2024Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	6874241	shares
CY2024Q2	lxp	Unsettled Repurchases UnsettledRepurchases	0	usd
	lxp	Partners Capital Equivalent In Common Shares PartnersCapitalEquivalentInCommonShares	1.13
CY2023Q2	lxp	Partners Capital Account Shares Issued For Units Redeemed PartnersCapitalAccountSharesIssuedForUnitsRedeemed	4886	shares
	us-gaap	Partners Capital Account Exchanges And Conversions PartnersCapitalAccountExchangesAndConversions	25000	usd
CY2023Q4	lxp	Partners Capital Account Shares Issued For Units Redeemed PartnersCapitalAccountSharesIssuedForUnitsRedeemed	822627	shares
CY2023Q4	us-gaap	Partners Capital Account Exchanges And Conversions PartnersCapitalAccountExchangesAndConversions	7800000	usd
CY2023Q4	lxp	Partners Capital Account Exchanges And Conversions Exchange Ratio PartnersCapitalAccountExchangesAndConversionsExchangeRatio	1.13
	us-gaap	Net Income Loss NetIncomeLoss	5157000	usd
	us-gaap	Net Income Loss NetIncomeLoss	3118000	usd
	lxp	Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Redemption Of Interest ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRedemptionOfInterest	0	usd
	lxp	Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Redemption Of Interest ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRedemptionOfInterest	25000	usd
	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	5157000	usd
	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	3143000	usd
CY2024Q2	lxp	Real Estate Investment Property Estimated Development Cost Remainder Of Fiscal Year RealEstateInvestmentPropertyEstimatedDevelopmentCostRemainderOfFiscalYear	65600000	usd
	us-gaap	Interest Paid Net InterestPaidNet	35561000	usd
	us-gaap	Interest Paid Net InterestPaidNet	25780000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	588000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	757000	usd
	lxp	Noncash Investment Increased Investment In Real Estate Under Construction NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction	32474000	usd
	lxp	Noncash Investment Increased Investment In Real Estate Under Construction NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction	34884000	usd
	lxp	Real Estate Investment Property At Cost Noncash Increase Decrease RealEstateInvestmentPropertyAtCostNoncashIncreaseDecrease	4605000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001444838-24-000090-index-headers.html	Edgar Link	pending
0001444838-24-000090-index.html	Edgar Link	pending
0001444838-24-000090.txt	Edgar Link	pending
0001444838-24-000090-xbrl.zip	Edgar Link	pending
ex311-2024630.htm	Edgar Link	pending
ex312-2024630.htm	Edgar Link	pending
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ex322-2024630.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
lxp-20240630.htm	Edgar Link	pending
lxp-20240630.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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lxp-20240630_lab.xml	Edgar Link	unprocessable
lxp-20240630_pre.xml	Edgar Link	unprocessable
lxp-20240630_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
lxp-20240630_def.xml	Edgar Link	unprocessable
lxp-20240630_cal.xml	Edgar Link	unprocessable

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$LXP
LXP Industrial Trust Stock $lxp

2024 Q3 Form 10-Q Financial Statement

#000144483824000090 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LXP LXP Industrial Trust Stock $lxp

2024 Q3 Form 10-Q Financial Statement

#000144483824000090 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LXP
LXP Industrial Trust Stock $lxp