LXP Industrial Trust
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
LXP$61.18+0.0%Stored close · as of Oct 30, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Income (Loss)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net income (loss) | $18,162 | $(555) |
| Other comprehensive income (loss): | ||
| Change in unrealized loss on interest rate swaps, net | (3,189) | (1,101) |
| Company's share of other comprehensive income (loss) of non-consolidated entities | (21) | 41 |
| Other comprehensive loss | (3,210) | (1,060) |
| Comprehensive income (loss) | 14,952 | (1,615) |
| Comprehensive loss attributable to noncontrolling interests | 816 | 286 |
| Comprehensive income (loss) attributable to LXP Industrial Trust shareholders | $15,768 | $(1,329) |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
| LXP Industrial Trust Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Three Months Ended March 31, 2025 | Total | Number of Preferred Shares | Preferred Shares | Number of Common Shares | Common Shares | Additional Paid-in-Capital | Accumulated Distributions in Excess of Net Income | Accumulated Other Comprehensive Income/(Loss) | Noncontrolling Interests |
| Balance December 31, 2024 | $2,120,783 | 1,935,400 | $94,016 | 294,499,790 | $29 | $3,315,104 | $(1,316,993) | $6,136 | $22,491 |
| Issuance of partnership interest in real estate | 443 | — | — | — | — | — | — | — | 443 |
| Issuance of common shares and deferred compensation amortization, net | 2,995 | — | — | 1,872,451 | 1 | 2,994 | — | — | — |
| Repurchase of common shares to settle tax obligations | (1,041) | — | — | (128,133) | — | (1,041) | — | — | — |
| Forfeiture of employee common shares | — | — | — | (516,052) | — | — | — | — | — |
| Dividends/distributions ($0.135 per common share) | (41,278) | — | — | — | — | — | (41,208) | — | (70) |
| Net income (loss) | 18,162 | — | — | — | — | — | 18,978 | — | (816) |
| Other comprehensive loss | (3,189) | — | — | — | — | — | — | (3,189) | — |
| Company's share of other comprehensive loss of non-consolidated entities | (21) | — | — | — | — | — | — | (21) | — |
| Balance March 31, 2025 | $2,096,854 | 1,935,400 | $94,016 | 295,728,056 | $30 | $3,317,057 | $(1,339,223) | $2,926 | $22,048 |
| Total | Number of Preferred Shares | Preferred Shares | Number of Common Shares | Common Shares | Additional Paid-in-Capital | Accumulated Distributions in Excess of Net Income | Accumulated Other Comprehensive Income/(Loss) | Noncontrolling Interests | |
|---|---|---|---|---|---|---|---|---|---|
| Balance December 31, 2023 | $2,265,457 | 1,935,400 | $94,016 | 293,449,088 | $29 | $3,330,383 | $(1,201,824) | $9,483 | $33,370 |
| Issuance of partnership interest in real estate | 464 | — | — | — | — | — | — | — | 464 |
| Issuance of common shares and deferred compensation amortization, net | 2,283 | — | — | 1,446,693 | — | 2,283 | — | — | — |
| Repurchase of common shares to settle tax obligations | (1,588) | — | — | (160,079) | — | (1,588) | — | — | — |
| Purchase of noncontrolling interest in consolidated joint venture | (4,910) | — | — | — | — | (3,396) | — | — | (1,514) |
| Forfeiture of employee common shares | — | — | — | (446,133) | — | — | — | — | — |
| Dividends/distributions ($0.13 per common share) | (39,577) | — | — | — | — | — | (39,502) | — | (75) |
| Net loss | (555) | — | — | — | — | — | (269) | — | (286) |
| Other comprehensive loss | (1,101) | — | — | — | — | — | — | (1,101) | — |
| Company's share of other comprehensive income of non-consolidated entities | 41 | — | — | — | — | — | — | 41 | — |
| Balance March 31, 2024 | $2,220,514 | 1,935,400 | $94,016 | 294,289,569 | $29 | $3,327,682 | $(1,241,595) | $8,423 | $31,959 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.