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10.03-(0.02)
NYSE : LXP(0.20)%
As of December 12, 2017 2:32 PM Minimum 20 minute delay.

Financial Highlights


Trend Analysis--Quarterly (click here for Annual Analysis)

For the definition of a financial field, click on the field name.


Funds From Operations
  2017 Q3 2016 Q3 Y-Y
Ch (%)
2017 Q2 Q-Q
Ch (%)
Funds from Operations ($000) 60,463 69,578 (13.10) 56,608 27.24
FFO per Share ($) 0.24 0.29 (17.24) 0.23 17.39
AFFO per Share NA NA NA NA NA
Income Statement ($000)
  2017 Q3 2016 Q3 Y-Y
Ch (%)
2017 Q2 Q-Q
Ch (%)
Rental Revenue 97,689 106,331 (8.13) 95,684 8.38
Partnership Income 283 340 (16.76) 255 43.92
Total Revenue 101,401 112,289 (9.70) 97,264 17.01
Rental Operating Expense 11,082 11,357 (2.42) 12,672 (50.19)
Expenses 106,075 155,161 (31.64) 99,762 25.31
Net Income 5,596 (27,262) NM 7,365 (96.08)
Rental NOI 86,607 94,974 (8.81) 83,012 17.32
Diluted EPS before Extraordinary Items ($) 0.02 (0.11) NM 0.02 0.00
Diluted EPS after Extraordinary Items ($) 0.02 (0.11) NM 0.02 0.00
Dividends Declared per Common Share ($) 0.1750 0.1750 0.00 0.1750 0.00
Avg Diluted Shares Out (actual) 241,702,715 234,207,396 3.20 241,531,313 0.28
Balance Sheet ($000)
  2017 Q3 2016 Q3 Y-Y
Ch (%)
2017 Q2 Q-Q
Ch (%)
Properties at Cost: Operational 4,432,532 4,057,354 9.25 4,210,761 21.07
Accumulated Depreciation 1,200,814 1,201,043 (0.02) 1,185,911 5.03
Net Properties: Operational 3,231,718 2,856,311 13.14 3,024,850 27.36
Land Held for Development 0 0 0.00 0 0.00
Total Real Estate Investments 3,302,085 3,181,521 3.79 3,124,538 22.73
Total Assets 3,595,156 3,449,951 4.21 3,366,803 27.13
Total Debt 2,088,874 1,879,781 11.12 1,827,373 57.24
Total Liabilities 2,235,661 2,033,709 9.93 1,970,678 53.79
Common Equity 1,245,700 1,299,869 (4.17) 1,281,488 (11.17)
Common Shares Outstanding (actual) 240,643,775 237,083,452 1.50 240,612,821 0.05
Convertible Operating Partnership Units (actual) 3,631,763 3,387,000 7.23 3,654,300 (2.47)
Same Store Operations
  2017 Q3 2016 Q3 Y-Y
Ch (bp)
2017 Q2 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%) NA NA NA NA NA
EBITDA
  2017 Q3 2016 Q3 Y-Y
Ch (bp)
2017 Q2 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x) 4.20 3.84 36 3.98 22
Recurring EBITDA/ Interest & Preferred Dividends (x) 3.88 3.60 28 3.68 20
Income Statement Ratios
  2017 Q3 2016 Q3 Y-Y
Ch (bp)
2017 Q2 Q-Q
Ch (bp)
Dividend Payout to FFO (%) 72.92 60.34 21 76.09 (17)
G&A/ Revenue (%) 7.53 6.69 13 7.43 5
Profitability Ratios
  2017 Q3 2016 Q3 Y-Y
Ch (bp)
2017 Q2 Q-Q
Ch (bp)
Return on Average Assets (%) 0.64 (3.04) 368 0.86 (22)
Return on Average Equity (%) 1.62 (7.55) 918 2.08 (46)
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.



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