Complex sentence: Lloyd's interest in photojournalism was accompanied by an interest in and practice of abstract photography in the traditional way of seeing patterns of peeling paint, tattered wall poster ads, patterns of every kind.
Split into simpler sentences: Lloyd's interest in photojournalism was accompanied by an interest in and practice of abstract photography. Initially, his approach was in the manner of traditional photographic abstraction--seeing patterns of peeling paint, tattered wall poster ads, patterns of every kind.