| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Real estate, at cost | 3,909,897 | 3,908,485 | 3,994,311 | 4,126,352 |
| Real estate - intangible assets | 305,841 | 305,841 | 314,418 | 313,296 |
| Land held for development | 65,065 | 82,971 | 83,254 | 82,945 |
| Investments in real estate under construction | 68,849 | 41,769 | 37,910 | 33,735 |
| Real estate, gross | 4,349,652 | 4,339,066 | 4,429,893 | 4,556,328 |
| Less accumulated depreciation and amortization | 1,196,713 | 1,151,513 | 1,141,505 | 1,111,597 |
| Real estate, net | 3,152,939 | 3,187,553 | 3,288,388 | 3,444,731 |
| Right-of-use assets, net | 7,583 | 8,721 | 13,124 | 14,250 |
| Cash and cash equivalents | 130,112 | 170,394 | 229,737 | 70,976 |
| Restricted cash | 168 | 257 | 252 | 247 |
| Investments in non-consolidated entities | 29,301 | 31,430 | 33,432 | 38,416 |
| Deferred expenses, net | 40,704 | 35,068 | 36,651 | 38,227 |
| Rent receivable - current | 3,963 | 3,454 | 2,791 | 3,149 |
| Rent receivable - deferred | 85,279 | 84,631 | 86,664 | 85,301 |
| Other assets | 16,652 | 15,514 | 17,894 | 21,833 |
| Total assets | 3,466,701 | 3,537,022 | 3,708,933 | 3,717,130 |
| Mortgages and notes payable, net | 48,162 | 49,541 | 50,907 | 52,260 |
| Term loan payable, net | 247,532 | 249,053 | 248,834 | 248,615 |
| Senior notes payable, net | 953,104 | 952,693 | 1,090,930 | 1,090,411 |
| Trust preferred securities, net | 100,133 | 100,113 | 100,094 | 100,074 |
| Dividends payable | 43,536 | 44,715 | 41,922 | 41,544 |
| Operating lease liabilities | 7,914 | 9,134 | 13,571 | 14,730 |
| Accounts payable and other liabilities | 38,542 | 54,553 | 52,976 | 53,681 |
| Accrued interest payable | 11,425 | 9,218 | 15,130 | 10,337 |
| Deferred revenue - including below-market leases, net | 2,724 | 3,030 | 4,520 | 4,873 |
| Prepaid rent | 14,459 | 16,594 | 16,571 | 14,431 |
| Total liabilities | 1,467,531 | 1,488,644 | 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 | 94,016 | 94,016 |
| Common shares, par value 0.0001 per share authorized 600,000,000 shares, 58,947,523 and 59,077,234 shares issued and outstanding in 2026 and 2025, respectively | 6 | 6 | 30 | 30 |
| Additional paid-in-capital | 3,305,816 | 3,313,884 | 3,322,818 | 3,320,069 |
| Accumulated distributions in excess of net income | 1,413,734 | 1,371,654 | 1,356,543 | 1,351,361 |
| Accumulated other comprehensive income | 1,403 | 427 | 1,005 | 1,601 |
| Total shareholders equity | 1,987,507 | 2,036,679 | 2,061,326 | 2,064,355 |
| Noncontrolling interests | 11,663 | 11,699 | 12,152 | 21,819 |
| Total equity | 1,999,170 | 2,048,378 | 2,073,478 | 2,086,174 |
| Total liabilities and equity | 3,466,701 | 3,537,022 | 3,708,933 | 3,717,130 |
LXP Industrial Trust (LXP)
LXP Industrial Trust (LXP)