Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 86

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 86
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Right-of-use assets, net16,484 19,342 Cash and cash equivalents101,836 199,247 Restricted cash237 216 Short-term investments— 130,140 Investments in non-consolidated entities40,018 48,495 Deferred expenses, (net of accumulated amortization of $28,035 in 2024 and $21,667 in 2023)39,820 35,008 Investment in a sales-type lease, net (allowance for credit loss of $61 in 2023)— 63,464 Rent receivable - current2,052 5,327 Rent receivable - deferred85,757 80,421 Other assets20,762 17,794 Total assets$3,843,312 $4,192,775 Liabilities and Equity:  Liabilities:  Mortgages and notes payable, net$54,930 $60,124 Term loan payable, net297,814 296,764 Senior notes payable, net1,089,373 1,286,145 Trust preferred securities, net127,893 127,794 Dividends payable41,164 39,610 Liabilities held for sale— 417 Operating lease liabilities17,114 20,233 Accounts payable and other liabilities57,055 57,981 Accrued interest payable10,517 11,379 Deferred revenue - including below market leases (net of accumulated accretion of $18,292 in 2024 and $17,259 in 2023)6,751 9,428 Prepaid rent19,918 17,443 Total liabilities1,722,529 1,927,318 Commitments and contingenciesEquity:  Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares,  Series C Cumulative Convertible Preferred, liquidation preference $96,770 and 1,935,400 shares issued and outstanding94,016 94,016 Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 294,499,790 and 293,449,088  shares issued and outstanding in 2024 and 2023, respectively29 29 Additional paid-in-capital3,315,104 3,330,383 Accumulated distributions