Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 88

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 88
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 attributable to LXP Industrial Trust shareholders44,534 30,383 113,783 Dividends attributable to preferred shares - Series C(6,290)(6,290)(6,290)Allocation to participating securities(322)(230)(186)Net income attributable to common shareholders$37,922 $23,863 $107,307 Net income attributable to common shareholders - per common share basic$0.13 $0.08 $0.38 Weighted-average common shares outstanding - basic291,472,930 290,245,877 279,887,760 Net income attributable to common shareholders - per common share diluted$0.13 $0.08 $0.38 Weighted-average common shares outstanding - diluted291,559,993 291,193,514 282,473,458 

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

55

LXP INDUSTRIAL TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

($000)

Years ended December 31,

 202420232022Net income$42,835 $35,923 $116,243 Other comprehensive income (loss): Change in unrealized income (loss) on interest rate swaps, net(3,338)(6,847)22,576 Company's share of other comprehensive income (loss) of non-consolidated entities(9)(1,359)1,371 Other comprehensive income (loss)(3,347)(8,206)23,947 Comprehensive income39,488 27,717 140,190 Comprehensive (income) loss attributable to noncontrolling interests1,699 (5,540)(2,460)Comprehensive income attributable to LXP Industrial Trust shareholders$41,187 $22,177 $137,730 

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

56

LXP INDUSTRIAL TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

($000 except share amounts)

Year ended December 31, 2024

LXP Industrial Trust Shareholders TotalNumber of Preferred SharesPreferred SharesNumber of Common SharesCommon SharesAdditional Paid-in-CapitalAccumulated Distributions in Excess of Net IncomeAccumulated Other Comprehensive Income/(Loss)Noncontrolling InterestsBalance