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9.72-(0.12)
NYSE : LXP(1.22)%
As of August 18, 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
  2017 Q2 2016 Q2 Y-Y
Ch (%)
2017 Q1 Q-Q
Ch (%)
Funds from Operations ($000) 56,608 75,874 (25.39) 52,305 32.91
FFO per Share ($) 0.23 0.31 (25.81) 0.21 38.10
AFFO per Share NA NA NA NA NA
Income Statement ($000)
  2017 Q2 2016 Q2 Y-Y
Ch (%)
2017 Q1 Q-Q
Ch (%)
Rental Revenue 95,684 109,577 (12.68) 96,099 (1.73)
Partnership Income 255 312 (18.27) 458 (177.29)
Total Revenue 97,264 110,248 (11.78) 99,178 (7.72)
Rental Operating Expense 12,672 11,225 12.89 11,930 24.88
Expenses 99,762 86,005 16.00 92,181 32.90
Net Income 7,365 49,345 (85.07) 42,220 (330.22)
Rental NOI 83,012 98,352 (15.60) 84,169 (5.50)
Diluted EPS before Extraordinary Items ($) 0.02 0.20 (90.00) 0.17 (352.94)
Diluted EPS after Extraordinary Items ($) 0.02 0.20 (90.00) 0.17 (352.94)
Dividends Declared per Common Share ($) 0.1750 0.1700 2.94 0.1750 0.00
Avg Diluted Shares Out (actual) 241,531,313 239,046,004 1.04 241,088,049 0.74
Balance Sheet ($000)
  2017 Q2 2016 Q2 Y-Y
Ch (%)
2017 Q1 Q-Q
Ch (%)
Properties at Cost: Operational 4,210,761 4,409,667 (4.51) 4,147,041 6.15
Accumulated Depreciation 1,185,911 1,207,434 (1.78) 1,193,639 (2.59)
Net Properties: Operational 3,024,850 3,202,233 (5.54) 2,953,402 9.68
Land Held for Development 0 0 0.00 0 0.00
Total Real Estate Investments 3,124,538 3,481,471 (10.25) 3,099,542 3.23
Total Assets 3,366,803 3,724,733 (9.61) 3,446,705 (9.27)
Total Debt 1,827,373 2,094,722 (12.76) 1,853,350 (5.61)
Total Liabilities 1,970,678 2,253,616 (12.55) 2,016,711 (9.13)
Common Equity 1,281,488 1,351,714 (5.20) 1,314,370 (10.01)
Common Shares Outstanding (actual) 240,612,821 235,075,048 2.36 240,394,082 0.36
Convertible Operating Partnership Units (actual) 3,654,300 3,815,839 (4.23) 3,771,642 (12.44)
Same Store Operations
  2017 Q2 2016 Q2 Y-Y
Ch (bp)
2017 Q1 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%) NA NA NA (2.80) NA
EBITDA
  2017 Q2 2016 Q2 Y-Y
Ch (bp)
2017 Q1 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x) 3.98 4.16 (19) 3.89 9
Recurring EBITDA/ Interest & Preferred Dividends (x) 3.68 3.89 (22) 3.60 8
Income Statement Ratios
  2017 Q2 2016 Q2 Y-Y
Ch (bp)
2017 Q1 Q-Q
Ch (bp)
Dividend Payout to FFO (%) 76.09 54.84 39 83.33 (35)
G&A/ Revenue (%) 7.43 7.03 6 8.54 (52)
Profitability Ratios
  2017 Q2 2016 Q2 Y-Y
Ch (bp)
2017 Q1 Q-Q
Ch (bp)
Return on Average Assets (%) 0.86 5.23 (436) 4.90 (404)
Return on Average Equity (%) 2.08 13.45 (1,137) 11.88 (980)
   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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