Company: LXP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000910108-25-000041
Chunk: 21

Company: LXP Industrial Trust
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 21
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344)— — — — — — (3,344)— Company's share of other comprehensive income of nonconsolidated entities58 — — — — — — 58 — Balance June 30, 2024$2,160,512 1,935,400 $94,016 294,314,556 $29 $3,309,765 $(1,275,833)$6,197 $26,338 

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

7

LXP INDUSTRIAL TRUST AND CONSOLIDATED SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited and in thousands)Six Months Ended June 30, 20252024Net cash provided by operating activities:$83,278 $77,369 Cash flows from investing activities:  Investment in real estate under construction(11,720)(58,812)Capital expenditures(11,765)(3,696)Insurance proceeds1,034 — Net proceeds from sale of real estate73,502 15,493 Investments in non-consolidated entities(354)(699)Distributions from non-consolidated entities in excess of accumulated earnings— 2,155 Deferred leasing costs(1,930)(2,759)Maturity of  held-to-maturity securities— 130,000 Change in real estate deposits, net(1,152)378 Net cash provided by in investing activities47,615 82,060 Cash flows from financing activities:  Dividends to common and preferred shareholders(82,098)(79,070)Principal amortization payments(2,760)(2,663)Principal payments on debt, excluding normal amortization(50,000)— Repurchase of trust preferred securities(26,725)— Repurchase of senior notes— (198,932)Cash contributions from noncontrolling interests990 665 Cash distributions to noncontrolling interests(110)(228)Purchase of noncontrolling interests— (27,873)Issuance of common shares, net of costs and repurchases to settle tax obligations(1,040)(1,889)Net cash used in financing activities(161,743)(309,990)Change in cash, cash equivalents and restricted cash(30,850)(