Equity (Tables)

9 Months Ended

Sep. 30, 2013

During the nine months ended September 30, 2013 and 2012, the Company repurchased/redeemed and retired the following shares of its preferred stock:



	Nine months ended September 30,
	2013		2012
8.05% Series B Cumulative Redeemable Preferred Stock:
Shares redeemed and retired	—		2,740,874
Redemption cost⁽¹⁾	$	—	$	69,459
Deemed dividend⁽²⁾	$	—	$	2,346

6.50% Series C Cumulative Convertible Preferred Stock:
Shares repurchased and retired	—		34,800
Repurchase cost	$	—	$	1,462
Discount (Deemed negative dividend)⁽²⁾	$	—	$	(229	)

7.55% Series D Cumulative Redeemable Preferred Stock:
Shares redeemed and retired	6,200,000		—
Redemption cost⁽¹⁾	$	155,621	$	—
Deemed dividend⁽²⁾	$	5,230	$	—

(1) Includes accrued and unpaid dividends.

(2) Represents the difference between the redemption/repurchase cost and historical GAAP cost.

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) as of September 30, 2013 and December 31, 2012 represented $2,299 and $(6,224), respectively, of unrealized gain (loss) on interest rate swaps, net.

Changes in Accumulated Other Comprehensive Income (Loss)



	Gains and Losses on Cash Flow Hedges
Balance December 31, 2012	$	(6,224	)
Other comprehensive income before reclassifications	6,349
Amounts of loss reclassified from accumulated other comprehensive loss to interest expense	2,174
Balance September 30, 2013	$	2,299

Effects of Changes in the Company's Ownership Interests in Noncontrolling Interests

The following discloses the effects of changes in the Company's ownership interests in its noncontrolling interests:



	Net Income Attributable to Shareholders and Transfers from Noncontrolling Interests
	Nine Months ended September 30,
	2013		2012
Net income attributable to Lexington Realty Trust shareholders	$	8,807	$	182,663
Transfers from noncontrolling interests:
Increase in additional paid-in-capital for redemption of noncontrolling OP units	887		1,099
Change from net income attributable to shareholders and transfers from noncontrolling interests	$	9,694	$	183,762