Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 90

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 90
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Additional Paid-in-CapitalAccumulated Distributions in Excess of Net IncomeAccumulated Other Comprehensive Income/(Loss)Noncontrolling InterestsBalance December 31, 2022$2,391,003 1,935,400 $94,016 291,719,310 $29 $3,320,087 $(1,079,087)$17,689 $38,269 Issuance of partnership interest in real estate714 — — — — — — — 714 Redemption of noncontrolling OP units for common shares(415)— — 832,571 — 3,393 — — (3,808)Issuance of common shares and deferred compensation amortization, net8,979 — — 1,286,648 — 8,979 — — — Repurchase of common shares to settle tax obligations(2,076)— — (204,780)— (2,076)— — — Forfeiture of employee common shares5 — — (184,661)— — 5 — — Dividends/distributions ($0.505 per common share)(160,470)— — — — — (153,125)— (7,345)Net income35,923 — — — — — 30,383 — 5,540 Other comprehensive loss(6,847)— — — — — — (6,847)— Company's share of other comprehensive loss of non-consolidated entities(1,359)— — — — — — (1,359)— Balance December 31, 2023$2,265,457 1,935,400 $94,016 293,449,088 $29 $3,330,383 $(1,201,824)$9,483 $33,370 

The accompanying notes are an integral part of the consolidated financial statements.

58

LXP INDUSTRIAL TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

($000 except share amounts)

Year ended December 31, 2022

LXP Industrial Trust Shareholders TotalNumber of Preferred SharesPreferred SharesNumber of Common SharesCommon Shares