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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Gross revenues:    
Rental revenue $ 78,735  
Rental revenue   $ 79,975
Total gross revenues 80,827 81,248
Expense applicable to revenues:    
Depreciation and amortization (40,509) (37,595)
General and administrative (7,825) (8,527)
Non-operating income 190 481
Interest and amortization expense (14,795) (17,208)
Debt satisfaction gains (charges), net 1,393 (103)
Impairment charges 0 (588)
Gains on sales of properties 9,805 20,957
Income before provision for income taxes and equity in earnings of non-consolidated entities 18,810 28,098
Provision for income taxes (653) (437)
Equity in earnings of non-consolidated entities 263 619
Net income 18,420 28,280
Less net income attributable to noncontrolling interests (266) (253)
Net income attributable to Lexington Realty Trust shareholders 18,154 28,027
Allocation to participating securities (46) (50)
Net income attributable to common shareholders $ 16,536 $ 26,405
Net income (loss) attributable to common shareholders - per common share basic (in dollars per share) $ 0.07 $ 0.11
Weighted-average common shares outstanding – basic (in shares) 253,038,161 232,538,495
Net income (loss) attributable to common shareholders – per common share diluted (in dollars per share) $ 0.06 $ 0.11
Weighted-average common shares outstanding – diluted (in shares) 257,347,277 236,142,143
Series C    
Expense applicable to revenues:    
Dividends attributable to preferred shares – Series C $ (1,572) $ (1,572)
Other Revenue    
Gross revenues:    
Other revenue 2,092 1,273
Property Operating    
Expense applicable to revenues:    
Property operating $ (10,276) $ (10,567)