Company: LXP
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000910108-25-000067
Chunk: 58

Company: LXP Industrial Trust
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 58
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 252 FFO available to all equityholders - diluted46,678 45,129 141,119 140,401 Allowance for credit losses— 42 — 51 Transaction costs, including our share of non-consolidated entities(1)— — 38 518 (Gain) loss on debt satisfaction, net, including our share of non-consolidated entities3 — (790)3 Non-recurring costs(2)— 1,538 — 1,538 Noncontrolling interest adjustments— (2)— (102)Adjusted Company FFO available to all equityholders - diluted$46,681 $46,707 $140,367 $142,409 

Per Common Share AmountsBasic:FFO$0.15 $0.15 $0.47 $0.46 Diluted:    FFO$0.16 $0.15 $0.47 $0.47 Adjusted Company FFO$0.16 $0.16 $0.47 $0.48 

Weighted-Average Common Shares:Basic:Weighted-average common shares outstanding - basic EPS292,030,570 291,529,849 291,870,814 291,407,853 Diluted:Weighted-average common shares outstanding - diluted EPS292,680,902 291,600,994 292,455,553 291,502,023 Preferred shares - Series C4,710,570 4,710,570 4,710,570 4,710,570 Weighted-average common shares outstanding - diluted FFO297,391,472 296,311,564 297,166,123 296,212,593 

(1) Transaction costs, including costs associated with terminated investments, such as non-refundable deposits and legal fees.

(2) Includes costs for severance expense.

33

Off-Balance Sheet Arrangements

As of September 30, 2025, we had investments in various real estate entities with varying structures. The real estate investments owned by our institutional joint ventures are generally financed with non-recourse debt. Non-recourse debt is generally defined as debt whereby the lenders' sole recourse with respect to borrower defaults is limited to the value of the assets collateralized by the debt. The lender generally does not have recourse against any other assets owned by