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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Gross revenues:    
Rental revenue $ 84,976 $ 87,893
Other revenue 972 970
Total gross revenues 85,948 88,863
Expense applicable to revenues:    
Depreciation and amortization (46,985) (50,512)
Property operating (16,735) (17,129)
General and administrative (10,254) (10,390)
Non-operating income 1,535 520
Interest and amortization expense (13,217) (16,280)
Loss on debt satisfaction, net (299) (350)
Transaction costs (15) 0
Gain on sale or disposal of, and recovery on, real estate, net 2,304 24,635
Income before provision for income taxes and equity in losses of non-consolidated entities 2,282 19,357
Provision for income taxes (136) (215)
Equity in losses of non-consolidated entities (2,437) (980)
Net income (loss) (291) 18,162
Net loss attributable to noncontrolling interests 52 816
Net income (loss) attributable to LXP Industrial Trust shareholders (239) 18,978
Dividends attributable to preferred shares - Series C (1,572) (1,572)
Allocation to participating securities (131) (127)
Net income (loss) attributable to common shareholders, basic (1,942) 17,279
Net income (loss) attributable to common shareholders, diluted $ (1,942) $ 17,279
Net income (loss) attributable to common shareholders – per common share basic (in dollars per share) $ (0.03) $ 0.30
Weighted-average common shares outstanding - basic (in shares) 58,163,030 58,341,212
Net income (loss) attributable to common shareholders - per common share diluted (in dollars per share) $ (0.03) $ 0.30
Weighted-average common shares outstanding – diluted (in shares) 58,163,030 58,459,654