LXP Industrial Trust
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
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, 2024 · Filed Nov 6, 2024
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 Changes in Equity
| LXP Industrial Trust Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Three months ended September 30, 2024 | 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 June 30, 2024 | $2,160,512 | 1,935,400 | $94,016 | 294,314,556 | $29 | $3,309,765 | $(1,275,833) | $6,197 | $26,338 |
| Issuance of partnership interest in real estate | 389 | — | — | — | — | — | — | — | 389 |
| Issuance of common shares and deferred compensation amortization, net | 2,571 | — | — | 175,754 | — | 2,571 | — | — | — |
| Forfeiture of employee common shares | 7 | — | — | (3,418) | — | — | 7 | — | — |
| Dividends/distributions ($0.13 per common share) | (39,663) | — | — | — | — | — | (39,566) | — | (97) |
| Net income (loss) | 5,613 | — | — | — | — | — | 6,346 | — | (733) |
| Other comprehensive loss | (3,558) | — | — | — | — | — | — | (3,558) | — |
| Company's share of other comprehensive loss of non-consolidated entities | (121) | — | — | — | — | — | — | (121) | — |
| Balance September 30, 2024 | $2,125,750 | 1,935,400 | $94,016 | 294,486,892 | $29 | $3,312,336 | $(1,309,046) | $2,518 | $25,897 |
| Balance June 30, 2023 | $2,318,723 | 1,935,400 | $94,016 | 292,581,929 | $29 | $3,322,499 | $(1,151,924) | $16,200 | $37,903 |
|---|---|---|---|---|---|---|---|---|---|
| Issuance of partnership interest in real estate | 211 | — | — | — | — | — | — | — | 211 |
| Redemption of noncontrolling OP units for common shares | — | — | — | 5,058 | — | 24 | — | — | (24) |
| Issuance of common shares and deferred compensation amortization, net | 2,267 | — | — | 24,120 | — | 2,267 | — | — | — |
| Dividends/distributions ($0.125 per common share) | (38,124) | — | — | — | — | — | (37,952) | — | (172) |
| Net income | 12,901 | — | — | — | — | — | 12,664 | — | 237 |
| Other comprehensive loss | (1,423) | — | — | — | — | — | — | (1,423) | — |
| Company's share of other comprehensive loss of non-consolidated entities | (415) | — | — | — | — | — | — | (415) | — |
| Balance September 30, 2023 | $2,294,140 | 1,935,400 | $94,016 | 292,611,107 | $29 | $3,324,790 | $(1,177,212) | $14,362 | $38,155 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
| LXP Industrial Trust Shareholders | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nine Months Ended September 30, 2024 · 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 | 1,054 | — | — | — | — | — | — | — | 1,054 | |||||
| Purchase of noncontrolling interest in consolidated joint ventures | (27,898) | — | — | — | — | (23,843) | — | — | (4,055) | |||||
| Change in control of a subsidiary | (2,503) | — | — | — | — | — | — | — | (2,503) | |||||
| Issuance of common shares and deferred compensation amortization, net | 7,384 | — | — | 1,647,434 | — | 7,384 | — | — | — | |||||
| Repurchase of common shares to settle tax obligations | (1,588) | — | — | (160,079) | — | (1,588) | — | — | — | |||||
| Forfeiture of employee common shares | 7 | — | — | (449,551) | — | — | 7 | — | — | |||||
| Dividends/distributions ($0.39 per common share) | (119,057) | — | — | — | — | (118,732) | — | (325) | ||||||
| Net income (loss) | 9,859 | — | — | — | — | — | 11,503 | — | (1,644) | |||||
| Other comprehensive loss | (6,902) | — | — | — | — | — | — | (6,902) | — | |||||
| Company's share of other comprehensive loss of non-consolidated entities | (63) | — | — | — | — | — | — | (63) | — | |||||
| Balance September 30, 2024 | $2,125,750 | 1,935,400 | $94,016 | 294,486,892 | $29 | $3,312,336 | $(1,309,046) | $2,518 | $25,897 | |||||
| Balance December 31, 2022 | $2,391,003 | 1,935,400 | $94,016 | 291,719,310 | $29 | $3,320,087 | $(1,079,087) | $17,689 | $38,269 |
|---|---|---|---|---|---|---|---|---|---|
| Issuance of partnership interest in real estate | 507 | — | — | — | — | — | — | — | 507 |
| Redemption of noncontrolling OP units for common shares | — | — | — | 9,944 | — | 49 | — | — | (49) |
| Issuance of common shares and deferred compensation amortization, net | 6,730 | — | — | 1,263,180 | — | 6,730 | — | — | — |
| Repurchase of common shares to settle tax obligations | (2,076) | — | — | (204,780) | — | (2,076) | — | — | — |
| Forfeiture of employee common shares | — | — | — | (176,547) | — | — | — | — | — |
| Dividends/distributions ($.375 per common share) | (115,133) | — | — | — | — | — | (113,907) | — | (1,226) |
| Net income | 16,436 | — | — | — | — | — | 15,782 | — | 654 |
| Other comprehensive loss | (2,474) | — | — | — | — | — | — | (2,474) | — |
| Company's share of other comprehensive loss of non-consolidated entities | (853) | — | — | — | — | — | — | (853) | — |
| Balance September 30, 2023 | $2,294,140 | 1,935,400 | $94,016 | 292,611,107 | $29 | $3,324,790 | $(1,177,212) | $14,362 | $38,155 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.