Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 89

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 89
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 December 31, 2023$2,265,457 1,935,400 $94,016 293,449,088 $29 $3,330,383 $(1,201,824)$9,483 $33,370 Issuance of partnership interest in real estate1,751 — — — — — — — 1,751 Purchase of noncontrolling interest in consolidated joint venture(27,898)— — — — (23,843)— — (4,055)Change in control of a subsidiary(2,503)— — — — — — — (2,503)Issuance of common shares and deferred compensation amortization, net10,152 — — 1,670,011 — 10,152 — — — Repurchase of common shares to settle tax obligations(1,588)— — (160,079)— (1,588)— — — Forfeiture of employee common shares8 — — (459,230)— — 8 — — Dividends/distributions ($0.525 per common share)(164,084)— — — — — (159,711)— (4,373)Net income (loss)42,835 — — — — — 44,534 — (1,699)Other comprehensive loss(3,338)— — — — — — (3,338)— Company's share of other comprehensive loss of non-consolidated entities(9)— — — — — — (9)— Balance December 31, 2024$2,120,783 1,935,400 $94,016 294,499,790 $29 $3,315,104 $(1,316,993)$6,136 $22,491 

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

57

LXP INDUSTRIAL TRUST AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

($000 except share amounts)

Year ended December 31, 2023

LXP Industrial Trust Shareholders TotalNumber of Preferred SharesPreferred SharesNumber of Common SharesCommon Shares