XML 12 R39.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Loans Receivable (Details) (USD $) In Thousands, unless otherwise specified | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2014 | Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | $ 122,409 | [1] | $ 99,443 | [1]
Number of types of financing receivable | 2 |  |  |
Number of classes of financing receivable | 1 |  |  |
Norwalk, Connecticut [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 32,159 | [1],[2] | 28,186 | [1],[2]
Interest rate of mortgage loans | 7.50% | [2] | 7.50% | [2]
Maximum contracted lending amount | 32,600 |  |  |
Homestead, Florida [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 10,311 | [1],[3] | 10,239 | [1],[3]
Interest rate of mortgage loans | 7.50% | [3] | 7.50% | [3]
Maximum contracted lending amount | 10,660 |  |  |
Westmont, Illinios [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 12,417 | [1],[4] | 12,610 | [1],[4]
Interest rate of mortgage loans | 6.45% | [4] | 6.45% | [4]
Recorded investment |  |  | 13,939 |
Interest income from impaired loan | 853 |  |  |
Average recorded investment | 12,514 |  |  |
Unpaid principal balance | 26,357 |  |  |
Southfield, Michigan [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 6,210 | [1] | 6,610 | [1]
Interest rate of mortgage loans | 4.55% |  | 4.55% |
Austin, Texas [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 2,586 | [1] | 2,389 | [1]
Interest rate of mortgage loans | 16.00% |  | 16.00% |
Kennewick, Washington [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | 56,467 | [1],[5] | 37,030 | [1],[5]
Interest rate of mortgage loans | 9.00% | [5] | 9.00% | [5]
Maximum contracted lending amount | 85,000 |  |  |
Accrued interest on construction advances | 7.625% |  |  |
Other Loan Locations [Member] |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans and Leases Receivable, Gross, Carrying Amount | $ 2,259 | [1] | $ 2,379 | [1]
Interest rate of mortgage loans | 8.00% |  | 8.00% |
[1] | Loan carrying value includes accrued interest and is net of origination costs and loan losses, if any.
[2] | The Company is committed to lend up to $32,600.
[3] | The Company is committed to lend up to $10,660.
[4] | Borrower is delinquent on debt service payments. Tenant at office property collateral terminated its lease. The Company recognized an impairment of $13,939 during the fourth quarter of 2013. During the six months ended June 30, 2014, the Company recognized $853 of interest income relating to the impaired loan and the loan had an average recorded investment value of $12,514. At June 30, 2014, the impaired loan receivable had a contractual unpaid balance of $26,357.
[5] | The Company is committed to lend up to $85,000. Advances accrue interest at a current rate of 7.625% per annum through July 31, 2014 and at 9.00% per annum thereafter.

X
- Definition Loans And Leases Receivable Accrued Interest On Construction Advances + References No definition available. + Details
Name: | lxp_LoansAndLeasesReceivableAccruedInterestOnConstructionAdvances
Namespace Prefix: | lxp_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans and Leases Receivable, Maximum Contracted Amount of Borrowing + References No definition available. + Details
Name: | lxp_LoansAndLeasesReceivableMaximumContractedAmountOfBorrowing
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Number Of Classes Of Financing Receivable + References No definition available. + Details
Name: | lxp_NumberOfClassesOfFinancingReceivable
Namespace Prefix: | lxp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Types Of Financing Receivable + References No definition available. + Details
Name: | lxp_NumberOfTypesOfFinancingReceivable
Namespace Prefix: | lxp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Average amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5212-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5258-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 14A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953550-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivableRecordedInvestment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of unpaid principal balance of impaired financing receivables with related allowance for credit losses and without related allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (a)(4) -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522 + Details
Name: | us-gaap_LoansAndLeasesReceivableGrossCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The gross interest income that would have been recorded in the period on troubled debt restructurings, if the loans had been current in accordance with their original terms and had been outstanding throughout the period or since origination, if held for part of the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25495931&loc=d3e18794-111554 + Details
Name: | us-gaap_LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The stated interest rate on the mortgage loan receivable or the weighted average interest rate on a group of loans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 29 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule IV -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
Name: | us-gaap_MortgageLoansOnRealEstateInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration