XML 21 R55.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investment in and Advances to Non-Consolidated Entities (Details) (USD $) | 12 Months Ended | 1 Months Ended | 12 Months Ended |  |  | 1 Months Ended | 12 Months Ended |  |  | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 Lexington Reality Advisors Inc [Member] | Dec. 31, 2012 Lexington Reality Advisors Inc [Member] | Dec. 31, 2011 Lexington Reality Advisors Inc [Member] | Jul. 31, 2012 Pemlex LLC [Member] | Oct. 31, 2013 Joint Venture [Member] | Dec. 31, 2012 Concord and CDH CDO [Member] | Dec. 31, 2013 Other Nonconsolidated Entity [Member] | Dec. 31, 2011 Other Nonconsolidated Entity [Member] | Dec. 31, 2012 Partnership [Member] | Dec. 31, 2013 Partnership [Member] Maximum [Member] | Dec. 31, 2013 Partnership [Member] Minimum [Member] | Aug. 31, 2013 MARYLAND [Member] | Jul. 31, 2013 Long Island City, New York [Member] Joint Venture [Member] | Mar. 31, 2013 Palm Beach Garden, Florida [Member] Joint Venture [Member] | Dec. 31, 2012 Palm Beach Garden, Florida [Member] Joint Venture [Member] | Dec. 31, 2012 Humble Texas [Member] Joint Venture [Member] | Dec. 31, 2012 Nonrecourse Mortgage [Member] Joint Venture [Member] | Dec. 31, 2013 Mortgages [Member] | Dec. 31, 2013 Mortgages [Member] Partnership [Member]
Investments in and Advances to Affiliates [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in joint venture | $ 8,193,000 | $ 20,172,000 | $ 19,940,000 |  |  |  |  | $ 39,456,000 |  |  |  |  |  |  | $ 5,000,000 | $ 8,918,000 |  |  |  |  |  |
Lease term |  |  |  |  |  |  |  | 20 years |  |  |  |  |  |  | 99 years |  |  | 15 years | 17 years |  |  |
Co-venture equity ownership percentage |  |  |  |  |  |  |  | 15.00% |  |  |  |  | 40.00% | 27.00% |  |  | 25.00% | 36.00% | 15.00% |  |  |
Economic Interest in Joint Venture |  |  |  |  |  |  |  |  |  |  |  | 100.00% |  |  |  |  |  |  |  |  |  |
Advances to Affiliate |  |  |  |  |  |  |  | 18,791,000 |  |  |  |  |  |  |  |  |  | 12,000,000 |  |  |  |
Distributions Payable to Real Estate Partnerships |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,557,000 |  |  |  |  |
Property Purchase Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 29,750,000 | 27,750,000 |  |  |
Debt interest rate percentage |  |  |  |  |  |  |  | 4.01% |  |  |  |  |  |  |  |  |  |  |  | 4.70% |  |
Proceeds from Divestiture of Interest in Consolidated Subsidiaries |  |  |  |  |  |  | 13,218,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment sold, carrying amount |  |  |  |  |  |  |  |  | 7,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on impairment |  |  |  |  |  |  |  |  |  | 925,000 | 1,559,000 |  |  |  |  |  |  |  |  |  |  |
Mortgage debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15,260,000 | 9,737,000 | 27,793,000
Interest rate range, minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5.20%
Interest rate range, maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10.60%
Weighted-average interest rate | 5.30% | 5.60% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7.20%
Advisory fees |  |  |  | $ 512,000 | $ 875,000 | $ 804,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Economic Interest in Joint Venture + References No definition available. + Details
Name: | lxp_EconomicInterestinJointVenture
Namespace Prefix: | lxp_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Lease Term + References No definition available. + Details
Name: | lxp_LeaseTerm
Namespace Prefix: | lxp_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Property Purchase Price + References No definition available. + Details
Name: | lxp_PropertyPurchasePrice
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Long-Term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. This does not include advances to clients. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04.2) -URI http://asc.fasb.org/extlink&oid=6488278&loc=d3e603758-122996 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6812-107765 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 2 -Article 6 + Details
Name: | us-gaap_AdvancesToAffiliate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minimum contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow or inflow increase (decrease) in distribution due to real estate partnership based upon payments and accruals. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_DistributionsPayableToRealEstatePartnerships
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=7658923&loc=d3e32787-111569 + Details
Name: | us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the entity's equity method investment which has been sold. + References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentSoldCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of fees earned from providing investment advice and research to customers. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(a),(d)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_InvestmentAdvisoryFees
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentsInAndAdvancesToAffiliatesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow associated with the deconsolidation of a previously consolidated subsidiary or the sale of investment in consolidated subsidiaries (generally greater than 50 percent). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration