Company: LXP
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000910108-25-000067
Chunk: 17

Company: LXP Industrial Trust
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 17
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 19,402 Gain on change in control of a subsidiary— — — 209 Income before provision for income taxes and equity in losses of non-consolidated entities43,780 6,792 92,691 13,532 Provision for income taxes(184)(21)(598)(229)Equity in losses of non-consolidated entities(1,239)(1,158)(3,177)(3,444)Net income42,357 5,613 88,916 9,859 Net (income) loss attributable to noncontrolling interests(6,078)733 (4,527)1,644 Net income attributable to LXP Industrial Trust shareholders36,279 6,346 84,389 11,503 Dividends attributable to preferred shares - Series C(1,573)(1,573)(4,718)(4,718)Allocation to participating securities(90)(84)(326)(252)Net income attributable to common shareholders$34,616 $4,689 $79,345 $6,533     Net income attributable to common shareholders - per common share basic$0.12 $0.02 $0.27 $0.02 Weighted-average common shares outstanding - basic292,030,570 291,529,849 291,870,814 291,407,853 Net income attributable to common shareholders - per common share diluted$0.12 $0.02 $0.27 $0.02 Weighted-average common shares outstanding - diluted292,680,902 291,600,994 292,455,553 291,502,023 

The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

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Table of Content

LXP INDUSTRIAL TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited and in thousands)

Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Net income$42,357 $5,613 $88,916 $9,859 Other comprehensive loss:    Change in unrealized loss on interest rate swaps, net(558)(3,558)(5,076)(6,902)Company's share of other comprehensive loss of non-cons