| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Real estate, at cost | 3,994,311 | 4,126,352 | ||
| Real estate - intangible assets | 314,418 | 313,296 | ||
| Land held for development | 83,254 | 82,945 | ||
| Investments in real estate under construction | 37,910 | 33,735 | ||
| Real estate, gross | 4,429,893 | 4,556,328 | ||
| Less accumulated depreciation and amortization | 1,141,505 | 1,111,597 | ||
| Real estate, net | 3,288,388 | 3,444,731 | ||
| Right-of-use assets, net | 13,124 | 14,250 | ||
| Cash and cash equivalents | 229,737 | 70,976 | ||
| Restricted cash | 252 | 247 | ||
| Investments in non-consolidated entities | 33,432 | 38,416 | ||
| Deferred expenses, net | 36,651 | 38,227 | ||
| Rent receivable - current | 2,791 | 3,149 | ||
| Rent receivable - deferred | 86,664 | 85,301 | ||
| Other assets | 17,894 | 21,833 | ||
| Total assets | 3,708,933 | 3,717,130 | ||
| Mortgages and notes payable, net | 50,907 | 52,260 | ||
| Term loan payable, net | 248,834 | 248,615 | ||
| Senior notes payable, net | 1,090,930 | 1,090,411 | ||
| Trust preferred securities, net | 100,094 | 100,074 | ||
| Dividends payable | 41,922 | 41,544 | ||
| Operating lease liabilities | 13,571 | 14,730 | ||
| Accounts payable and other liabilities | 52,976 | 53,681 | ||
| Accrued interest payable | 15,130 | 10,337 | ||
| Deferred revenue - including below-market leases, net | 4,520 | 4,873 | ||
| Prepaid rent | 16,571 | 14,431 | ||
| Total liabilities | 1,635,455 | 1,630,956 | ||
| Preferred shares, par value 0.0001 per share authorized 100,000,000 shares series c cumulative convertible preferred, liquidation preference 96,770 1,935,400 shares issued and outstanding | 94,016 | 94,016 | ||
| Common shares, par value 0.0001 per share authorized 600,000,000 shares, 295,765,814 and 294,499,790 shares issued and outstanding in 2025 and 2024, respectively | 30 | 30 | ||
| Additional paid-in-capital | 3,322,818 | 3,320,069 | ||
| Accumulated distributions in excess of net income | 1,356,543 | 1,351,361 | ||
| Accumulated other comprehensive income | 1,005 | 1,601 | ||
| Total shareholders equity | 2,061,326 | 2,064,355 | ||
| Noncontrolling interests | 12,152 | 21,819 | ||
| Total equity | 2,073,478 | 2,086,174 | ||
| Total liabilities and equity | 3,708,933 | 3,717,130 | ||
LXP Industrial Trust (LXP)
LXP Industrial Trust (LXP)