Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 78

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 78
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754 3,970 Joint venture and noncontrolling interest adjustment5,836 13,168 Gains on sales of properties, including our share of non-consolidated entities(41,239)(38,796)Gain on change in control of a subsidiary(209)— FFO available to common shareholders - basic195,468 199,560 Preferred dividends6,290 6,290 Amount allocated to participating securities322 230 FFO available to all equityholders - diluted202,080 206,080 Sales-type lease income attributable to the exercise of a purchase option  (1)(14,991)— Allowance for credit losses(61)(32)Transaction costs, including our share of non-consolidated entities(2)518 4 Debt satisfaction losses, net, including our share of non-consolidated entities(552)138 Non-recurring costs(3)1,788 — Noncontrolling interest adjustments578 1 Adjusted Company FFO available to all equityholders - diluted$189,360 $206,191 Per Common Share AmountsBasic:FFO$0.67 $0.69 Diluted:FFO$0.68 $0.70 Adjusted Company FFO$0.64 $0.70 Weighted-Average Common Shares:Basic:Weighted-average common shares outstanding - basic EPS291,472,930290,245,877Operating partnership units(4)—820,386Weighted-average common shares outstanding - basic FFO291,472,930291,066,263Diluted:Weighted-average common shares outstanding - diluted EPS291,559,993291,193,514Preferred shares - Series C4,710,5704,710,570Weighted-average common shares outstanding - diluted FFO296,270,563295,904,084

(1)    Additional rental revenue recognized upon a tenant exercising its purchase option in a sales-type lease.

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

(3)    Includes non-recurring expenses for severance expense.

(4)    Includes OP units other than OP units held by us.

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