Company: LXP
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000910108-25-000067
Chunk: 22

Company: LXP Industrial Trust
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 22
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1,659 1,054 Cash distributions to noncontrolling interests(16,526)(325)Purchase of noncontrolling interests— (27,873)Issuance of common shares, net of costs and repurchases to settle tax obligations(1,260)(1,956)Net cash used in financing activities(220,192)(350,646)Change in cash, cash equivalents and restricted cash127,916 (144,260)Cash, cash equivalents and restricted cash, at beginning of period102,073 199,463 Cash, cash equivalents and restricted cash, at end of period$229,989 $55,203 Reconciliation of cash, cash equivalents and restricted cash:Cash and cash equivalents at beginning of period$101,836 $199,247 Restricted cash at beginning of period237 216 Cash, cash equivalents and restricted cash at beginning of period$102,073 $199,463 Cash and cash equivalents at end of period$229,737 $54,971 Restricted cash at end of period252 232 Cash, cash equivalents and restricted cash at end of period$229,989 $55,203 

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

8

LXP INDUSTRIAL TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED

(Unaudited and in thousands)

Nine Months Ended September 30,20252024Supplemental disclosure of cash flow information:Interest paid $41,246 $46,346 Income taxes paid $828 $619 Supplemental schedule of non-cash investing activities:Accounts payable related to Investment in real estate under construction$9,059 $21,397 Reclassification of Real estate, net to Investments in real estate under construction$24,550 $— Deconsolidation of Lombard Street Lots, LLC in Real estate, at cost $— $4,605 Deconsolidation of Lombard Street Lots, LLC in Investments in non-consolidated entities $— $2,311 Deconsolidation of Lombard Street Lots, LLC in Noncontrolling interests $— $2,503 

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

9

Table of ContentsLXP INDUSTRIAL TR