LXP Industrial Trust (LXP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
ONE PENN PLAZA NEW YORK, NY 10119 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 293,765 | 329,387 | 35,421 | 23,161 | 42,923 | 54,390 | |||
| Cash and cash equivalents | 163,213 | 199,247 | 35,421 | 23,161 | 42,923 | 54,390 | |||
| Short-term investments | 130,552 | 130,140 | |||||||
| Receivables | 4,545 | 5,327 | 6,636 | 4,970 | 4,141 | 3,030 | |||
| Total current assets: | 298,310 | 334,714 | 42,057 | 28,131 | 47,064 | 57,420 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 18,283 | 19,342 | 20,390 | 21,937 | 22,967 | 23,986 | |||
| Inventory, real estate | 81,034 | 400,098 | 84,708 | 84,591 | 84,507 | 446,336 | |||
| Property, plant and equipment | 153,181 | 667,488 | 380,446 | 372,342 | 349,827 | 708,740 | |||
| Long-term investments and receivables | 47,010 | 48,495 | 52,351 | 50,683 | 52,571 | 58,206 | |||
| Long-term investments | 47,010 | 48,495 | 52,351 | 50,683 | 52,571 | 58,206 | |||
| Intangible assets, net (including goodwill) | 310,989 | 123,193 | 318,549 | 326,422 | 328,607 | 155,164 | |||
| Intangible assets, net (excluding goodwill) | 310,989 | 123,193 | 318,549 | 326,422 | 328,607 | 155,164 | |||
| Disposal group, including discontinued operation, noncurrent assets | 25,123 | 9,168 | 11,691 | 49,644 | 44,286 | ||||
| Total noncurrent assets: | 635,620 | 1,267,784 | 868,135 | 905,619 | 882,765 | 1,392,432 | |||
| Other undisclosed assets | 3,222,438 | 2,590,277 | 3,018,812 | 3,028,699 | 3,075,252 | 2,603,995 | |||
| TOTAL ASSETS: | 4,156,368 | 4,192,775 | 3,929,004 | 3,962,449 | 4,005,081 | 4,053,847 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 989,295 | ||||||||
| Long-term debt, excluding current maturities | 989,295 | ||||||||
| Total noncurrent liabilities: | 989,295 | ||||||||
| Other undisclosed liabilities | 1,935,854 | 1,927,318 | 1,634,864 | 1,643,726 | 1,644,319 | 673,549 | |||
| Total liabilities: | 1,935,854 | 1,927,318 | 1,634,864 | 1,643,726 | 1,644,319 | 1,662,844 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,188,555 | 2,232,087 | 2,255,985 | 2,280,820 | 2,322,524 | 2,352,734 | |||
| Preferred stock | 94,016 | 94,016 | 94,016 | 94,016 | 94,016 | 94,016 | |||
| Common stock | 29 | 29 | 29 | 29 | 29 | 29 | |||
| Additional paid in capital | 3,327,682 | 3,330,383 | 3,324,790 | 3,322,499 | 3,320,185 | 3,320,087 | |||
| Accumulated other comprehensive income | 8,423 | 9,483 | 14,362 | 16,200 | 14,169 | 17,689 | |||
| Other undisclosed equity, attributable to parent | (1,241,595) | (1,201,824) | (1,177,212) | (1,151,924) | (1,105,875) | (1,079,087) | |||
| Equity, attributable to noncontrolling interest | 31,959 | 33,370 | 38,155 | 37,903 | 38,238 | 38,269 | |||
| Total equity: | 2,220,514 | 2,265,457 | 2,294,140 | 2,318,723 | 2,360,762 | 2,391,003 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,156,368 | 4,192,775 | 3,929,004 | 3,962,449 | 4,005,081 | 4,053,847 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 86,251 | 82,956 | 85,422 | 87,050 | 85,075 | 81,104 | ||
| Operating lease, lease income | 85,207 | 83,844 | 85,065 | 83,417 | 79,243 | |||
| Cost of revenue | (15,183) | (12,710) | (14,695) | |||||
| Cost of goods and services sold | (15,188) | (12,713) | (14,693) | |||||
| Gross profit: | 71,068 | 70,246 | 70,727 | 87,050 | 85,075 | 81,104 | ||
| Operating expenses | (57,002) | (37,715) | (47,030) | (67,970) | (50,627) | (13,375) | ||
| Operating income: | 14,066 | 32,531 | 23,697 | 19,080 | 34,448 | 67,729 | ||
| Nonoperating income | 3,769 | 2,251 | 394 | 143 | 194 | 582 | ||
| Interest and debt expense | (16,984) | (14,019) | (10,965) | (10,144) | (11,393) | (12,659) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (15,635) | (15,322) | (15,721) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 851 | 20,763 | 13,126 | (6,556) | 7,927 | 39,931 | ||
| Income (loss) from equity method investments | (1,281) | (1,219) | (5) | (1,014) | 3,604 | 426 | ||
| Income (loss) from continuing operations before income taxes: | (430) | 19,544 | 13,121 | (7,570) | 11,531 | 40,357 | ||
| Income tax expense | (125) | (57) | (220) | (210) | (216) | (151) | ||
| Net income (loss): | (555) | 19,487 | 12,901 | (7,780) | 11,315 | 40,206 | ||
| Net income (loss) attributable to noncontrolling interest | 286 | (4,886) | (237) | (268) | (149) | (1,733) | ||
| Net income (loss) attributable to parent: | (269) | 14,601 | 12,664 | (8,048) | 11,166 | 38,473 | ||
| Other undisclosed net loss available to common stockholders, basic | (1,662) | (1,616) | (1,625) | (1,635) | (1,644) | (1,607) | ||
| Net income (loss) available to common stockholders, basic: | (1,931) | 12,985 | 11,039 | (9,683) | 9,522 | 36,866 | ||
| Dilutive securities, effect on basic earnings per share | 5 | 15 | (81) | 3 | 9 | |||
| Other undisclosed net income (loss) available to common stockholders, diluted | 58 | (156) | ||||||
| Net income (loss) available to common stockholders, diluted: | (1,931) | 13,048 | 11,054 | (9,764) | 9,525 | 36,719 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (555) | 19,487 | 12,901 | (7,780) | 11,315 | 40,206 | ||
| Other comprehensive income (loss) | (1,060) | (4,879) | (1,838) | 2,031 | (3,520) | (79) | ||
| Comprehensive income (loss): | (1,615) | 14,608 | 11,063 | (5,749) | 7,795 | 40,127 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 286 | (4,886) | (237) | (268) | (149) | (1,733) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,329) | 9,722 | 10,826 | (6,017) | 7,646 | 38,394 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.