Company: LXP
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001444838-25-000023
Chunk: 107

Company: LXP Industrial Trust
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 107
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ASIC:   Net income attributable to common shareholders$37,922 $23,863 $107,307 Weighted-average number of common shares outstanding291,472,930 290,245,877 279,887,760 Net income attributable to common shareholders - per common share basic$0.13 $0.08 $0.38 202420232022DILUTED:Net income attributable to common shareholders - basic$37,922 $23,863 $107,307 Impact of assumed conversions— (58)156 Net income attributable to common shareholders$37,922 $23,805 $107,463 Weighted-average common shares outstanding - basic291,472,930 290,245,877 279,887,760 Effect of dilutive securities:Unvested share-based payment awards and options87,063 127,251 457,597 Shares issuable under forward sales agreements— — 1,274,842 Operating Partnership Units— 820,386 853,259 Weighted-average common shares outstanding - diluted291,559,993 291,193,514 282,473,458 Net income attributable to common shareholders - per common share diluted$0.13 $0.08 $0.38 For per common share amounts, all incremental shares are considered anti-dilutive for periods that have a loss from continuing operations attributable to common shareholders. In addition, other common share equivalents may be anti-dilutive in certain periods.Calculation of dilutive earnings requires certain potentially dilutive shares to be excluded when the inclusion of such shares would be anti-dilutive. The following table summarizes the potentially dilutive shares excluded from the dilutive earnings per share calculation as the inclusion of such shares would be anti-dilutive for each of the years in the three-year period ended December 31, 2024:Years Ended December 31,202420232022Preferred shares - Series C4,710,570 4,710,570 4,710,570 

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Table of ContentsLXP INDUSTRIAL TRUST AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS($000, except share/unit data)

(4) Investments in Real Estate

The Company's real estate, net, consists of the following at December 31, 2024 and 2023:20242023Real estate, at cost