2024 Q4 Form 10-Q Financial Statement

#000144483824000116 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $85.57M
YoY Change 0.17%
Cost Of Revenue $15.01M
YoY Change 2.16%
Gross Profit $70.56M
YoY Change -0.24%
Gross Profit Margin 82.46%
Selling, General & Admin $11.87M
YoY Change 24.89%
% of Gross Profit 16.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.39M
YoY Change 6.11%
% of Gross Profit 68.58%
Operating Expenses $60.29M
YoY Change 9.43%
Operating Profit $10.26M
YoY Change -34.32%
Interest Expense -$16.04M
YoY Change -246.26%
% of Operating Profit -156.23%
Other Income/Expense, Net $642.0K
YoY Change 62.94%
Pretax Income $6.792M
YoY Change -48.26%
Income Tax $21.00K
% Of Pretax Income 0.31%
Net Earnings $6.346M
YoY Change -49.89%
Net Earnings / Revenue 7.42%
Basic Earnings Per Share $0.02
Diluted Earnings Per Share $0.02
COMMON SHARES
Basic Shares Outstanding 294.5M shares 294.3M shares
Diluted Shares Outstanding 291.6M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.97M
YoY Change 55.29%
Cash & Equivalents $54.97M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.713M
Other Receivables $0.00
Total Short-Term Assets $141.2M
YoY Change 17.02%
LONG-TERM ASSETS
Property, Plant & Equipment $3.497B
YoY Change -4.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $45.90M
YoY Change -12.32%
Other Assets $152.4M
YoY Change 251.94%
Total Long-Term Assets $3.713B
YoY Change -2.51%
TOTAL ASSETS
Total Short-Term Assets $141.2M
Total Long-Term Assets $3.713B
Total Assets $3.854B
YoY Change -1.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.01M
YoY Change 4.73%
Accrued Expenses $32.29M
YoY Change 0.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $132.0M
YoY Change 3.48%
LONG-TERM LIABILITIES
Long-Term Debt $1.571B
YoY Change 6.06%
Other Long-Term Liabilities $25.75M
YoY Change -2.84%
Total Long-Term Liabilities $1.596B
YoY Change 5.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.0M
Total Long-Term Liabilities $1.596B
Total Liabilities $1.728B
YoY Change 5.72%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $29.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.100B
YoY Change
Total Liabilities & Shareholders Equity $3.854B
YoY Change -1.91%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $6.346M
YoY Change -49.89%
Depreciation, Depletion And Amortization $48.39M
YoY Change 6.11%
Cash From Operating Activities $64.60M
YoY Change 6.07%
INVESTING ACTIVITIES
Capital Expenditures $42.37M
YoY Change -5.21%
Acquisitions
YoY Change
Other Investing Activities $24.73M
YoY Change -33.34%
Cash From Investing Activities -$17.64M
YoY Change 132.11%
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
YoY Change -0.6%
NET CHANGE
Cash From Operating Activities 64.60M
Cash From Investing Activities -17.64M
Cash From Financing Activities -40.66M
Net Change In Cash 6.301M
YoY Change -49.19%
FREE CASH FLOW
Cash From Operating Activities $64.60M
Capital Expenditures $42.37M
Free Cash Flow $22.23M
YoY Change 37.2%

Facts In Submission

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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
232000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55203000 usd
CY2024Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
118 property
CY2024Q3 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.
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4689000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6533000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10878000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
291407853 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
290187124 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6533000 usd
CY2024Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-63000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6533000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10815000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
291407853 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
290187124 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
94170 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
133032 shares
CY2023Q3 lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
825342 shares
lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
0 shares
lxp Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
828653 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
291502023 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
291148809 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2024Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
625238 sqft
CY2024Q3 lxp Real Estate Under Construction Estimated Project Cost
RealEstateUnderConstructionEstimatedProjectCost
84520000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
66961000 usd
CY2024Q3 lxp Real Estate Under Construction Amount Funded
RealEstateUnderConstructionAmountFunded
60333000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
66961000 usd
CY2024Q3 lxp Area Of Land Held For Development
AreaOfLandHeldForDevelopment
445 acre
CY2024Q3 us-gaap Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
82759000 usd
CY2024Q3 lxp Land Held For Development Amount Funded
LandHeldForDevelopmentAmountFunded
80213000 usd
CY2024Q3 lxp Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
3 property
CY2023Q4 lxp Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
2 property
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
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
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
45899000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
48495000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3444000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2585000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
3290000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8447000 usd
CY2024Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
632500000 usd
CY2024Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
2569000 usd
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
9471000 usd
CY2024Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
3599000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
50624000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
32502000 usd
CY2024Q3 lxp Number Of Sales Type Leases
NumberOfSalesTypeLeases
1 sales-typelease
CY2024Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
1 groundlease
CY2024Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
69708000 usd
CY2023Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
68849000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
209468000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
205984000 usd
CY2024Q3 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
1863000 usd
CY2023Q3 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
1865000 usd
us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
5679000 usd
us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
5546000 usd
CY2024Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
12978000 usd
CY2023Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
13130000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
39377000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
40796000 usd
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
84549000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
83844000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
254524000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
252326000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
68761000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
1269000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
273774000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
5435000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
260207000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
5652000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
226265000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
5878000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
192161000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
6114000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
165174000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
6358000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
459784000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
721541000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1646126000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
752247000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
686893000 usd
CY2024Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
65354000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M24D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
us-gaap Operating Lease Cost
OperatingLeaseCost
3801000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
222000 usd
us-gaap Lease Cost
LeaseCost
4023000 usd
us-gaap Sublease Income
SubleaseIncome
2484000 usd
us-gaap Sublease Income
SubleaseIncome
2490000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1225000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5098000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4125000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3643000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1031000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
193000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5287000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
20602000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3848000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
16754000 usd
CY2024Q3 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
112000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
61000 usd
CY2024Q3 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
65354000 usd
CY2024Q3 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
65242000 usd
CY2024Q3 lxp Sales Type Lease Net Investment In Lease Allowance For Credit Loss To Total Percent
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLossToTotalPercent
0.0017
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
63525000 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
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
61000 usd
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
51000 usd
CY2024Q3 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
112000 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
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAllowanceForCreditLoss
61000 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
CY2024Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
6874241 shares
CY2024Q3 lxp Unsettled Repurchases
UnsettledRepurchases
0 usd
lxp Partners Capital Equivalent In Common Shares
PartnersCapitalEquivalentInCommonShares
1.13
CY2023Q3 lxp Partners Capital Account Shares Issued For Units Redeemed
PartnersCapitalAccountSharesIssuedForUnitsRedeemed
9944 shares
us-gaap Partners Capital Account Exchanges And Conversions
PartnersCapitalAccountExchangesAndConversions
49000 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
11503000 usd
us-gaap Net Income Loss
NetIncomeLoss
15782000 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
49000 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
11503000 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
15831000 usd
CY2024Q3 lxp Real Estate Investment Property Estimated Development Cost Remainder Of Fiscal Year
RealEstateInvestmentPropertyEstimatedDevelopmentCostRemainderOfFiscalYear
47500000 usd
us-gaap Interest Paid Net
InterestPaidNet
46346000 usd
us-gaap Interest Paid Net
InterestPaidNet
36990000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
619000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
975000 usd
lxp Noncash Investment Increased Investment In Real Estate Under Construction
NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction
21397000 usd
lxp Noncash Investment Increased Investment In Real Estate Under Construction
NoncashInvestmentIncreasedInvestmentInRealEstateUnderConstruction
20866000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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