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10.17-(0.12)
NYSE : LXP(1.17)%
As of April 28, 2017 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
  2016 Q4 2015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Funds from Operations ($000) 59,021 79,691 (25.94) 69,929 (62.39)
FFO per Share ($) 0.24 0.33 (27.27) 0.29 (68.97)
AFFO per Share NA 0.21 NA NA NA
Income Statement ($000)
  2016 Q4 2015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Rental Revenue 95,326 106,626 (10.60) 106,331 (41.40)
Partnership Income 1,196 814 46.93 340 1,007.06
Total Revenue 99,908 122,053 (18.14) 112,289 (44.10)
Rental Operating Expense 12,005 12,770 (5.99) 11,357 22.82
Expenses 105,736 86,436 22.33 155,161 (127.42)
Net Income 16,929 35,513 (52.33) (27,262) NM
Rental NOI 83,321 93,856 (11.22) 94,974 (49.08)
Diluted EPS before Extraordinary Items ($) 0.06 0.14 (57.14) (0.11) NM
Diluted EPS after Extraordinary Items ($) 0.06 0.14 (57.14) (0.11) NM
Dividends Declared per Common Share ($) 0.1750 0.1700 2.94 0.1750 0.00
Avg Diluted Shares Out (actual) 235,204,568 239,411,055 (1.76) 234,207,396 1.70
Balance Sheet ($000)
  2016 Q4 2015 Q4 Y-Y
Ch (%)
2016 Q3 Q-Q
Ch (%)
Properties at Cost: Operational 4,125,347 4,473,937 (7.79) 4,058,143 6.62
Accumulated Depreciation 1,208,792 1,179,969 2.44 1,201,043 2.58
Net Properties: Operational 2,916,555 3,293,968 (11.46) 2,857,100 8.32
Land Held for Development 0 0 0.00 0 0.00
Total Real Estate Investments 3,210,061 3,548,154 (9.53) 3,181,521 3.59
Total Assets 3,441,467 3,808,403 (9.63) 3,449,951 (0.98)
Total Debt 1,860,598 2,190,740 (15.07) 1,879,781 (4.08)
Total Liabilities 2,028,976 2,345,872 (13.51) 2,033,709 (0.93)
Common Equity 1,296,007 1,343,259 (3.52) 1,299,869 (1.19)
Common Shares Outstanding (actual) 238,037,177 234,575,225 1.48 237,083,452 1.61
Convertible Operating Partnership Units (actual) 3,771,642 3,820,192 (1.27) 3,387,000 45.43
Same Store Operations
  2016 Q4 2015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%) NA NA NA NA NA
EBITDA
  2016 Q4 2015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x) 4.08 4.19 (10) 3.95 14
Recurring EBITDA/ Interest & Preferred Dividends (x) 3.78 3.90 (12) 3.69 9
Income Statement Ratios
  2016 Q4 2015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Dividend Payout to FFO (%) 72.92 51.52 42 60.34 83
G&A/ Revenue (%) 8.08 5.53 46 6.69 83
Profitability Ratios
  2016 Q4 2015 Q4 Y-Y
Ch (bp)
2016 Q3 Q-Q
Ch (bp)
Return on Average Assets (%) 1.97 3.81 (184) (3.04) 501
Return on Average Equity (%) 4.79 9.69 (491) (7.55) 1,234
   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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