LXP Industrial Trust
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
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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.
Sep 30, 2026 · Filed Oct 27, 2026
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 Balance Sheets
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| Assets: | ||
| Real estate, at cost | $3,927,273 | $3,908,485 |
| Real estate - intangible assets | 331,709 | 305,841 |
| Land held for development | 64,789 | 82,971 |
| Investments in real estate under construction | 129,943 | 41,769 |
| Real estate, gross | 4,453,714 | 4,339,066 |
| Less: accumulated depreciation and amortization | (1,259,051) | (1,151,513) |
| Real estate, net | 3,194,663 | 3,187,553 |
| Right-of-use assets, net | 5,842 | 8,721 |
| Cash and cash equivalents | 110,310 | 170,394 |
| Restricted cash | 175 | 257 |
| Investments in non-consolidated entities | 28,749 | 31,430 |
| Deferred expenses, net | 49,031 | 35,068 |
| Rent receivable - current | 3,155 | 3,454 |
| Rent receivable - deferred | 88,055 | 84,631 |
| Other assets | 23,889 | 15,514 |
| Total assets | $3,503,869 | $3,537,022 |
| Liabilities and Equity: | ||
| Liabilities: | ||
| Mortgages and notes payable, net | $45,365 | $49,541 |
| Term loan payable, net | 247,968 | 249,053 |
| Senior notes payable, net | 953,925 | 952,693 |
| Trust preferred securities, net | 100,172 | 100,113 |
| Dividends payable | 2,724 | 44,715 |
| Operating lease liabilities | 6,095 | 9,134 |
| Accounts payable and other liabilities | 75,520 | 54,553 |
| Accrued interest payable | 11,546 | 9,218 |
| Deferred revenue - including below-market leases, net | 1,703 | 3,030 |
| Prepaid rent | 14,222 | 16,594 |
| Total liabilities | 1,459,240 | 1,488,644 |
| Commitments and contingencies | ||
| Equity: | ||
| Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares: | ||
| Series C Cumulative Convertible Preferred, liquidation preference $96,769 and $96,770, respectively; 1,935,375 and 1,935,400 shares issued and outstanding in 2026 and 2025, respectively (cumulative dividends in arrears of $0.8125 per share or $1,573 in the aggregate in 2026) | 94,014 | 94,016 |
| Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 58,957,264 and 59,077,234 shares issued and outstanding in 2026 and 2025, respectively | 6 | 6 |
| Additional paid-in-capital | 3,306,871 | 3,313,884 |
| Accumulated distributions in excess of net income | (1,365,515) | (1,371,654) |
| Accumulated other comprehensive income | 1,972 | 427 |
| Total shareholders’ equity | 2,037,348 | 2,036,679 |
| Noncontrolling interests | 7,281 | 11,699 |
| Total equity | 2,044,629 | 2,048,378 |
| Total liabilities and equity | $3,503,869 | $3,537,022 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.