XML 90 R63.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Senior Notes, Convertible Notes, Exchangeable Notes and Trust Preferred Securities - Narrative (Details) (USD $) | 12 Months Ended
--- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2010 | Dec. 31, 2007
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Percent of notes required to be repurchased at the option of the holders on set dates |  |  |  | 100.00%lxp_PercentOfNotesRequiredToBeRepurchasedAtOptionOfHoldersOnSetDates |
Converted instrument, amount | $ 12,763,000 us-gaap_DebtConversionConvertedInstrumentAmount1 | $ 54,905,000 us-gaap_DebtConversionConvertedInstrumentAmount1 | $ 31,104,000 us-gaap_DebtConversionConvertedInstrumentAmount1 |  |
Issuance of common shares upon conversion of convertible notes (in shares) | 1,904,542 us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities | 7,944,673 us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities | 4,487,060 us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities |  |
Cash payment during conversion | 233,000 lxp_DebtConversionConvertedInstrumentCashPaymentDuringConversion | 3,270,000 lxp_DebtConversionConvertedInstrumentCashPaymentDuringConversion | 2,427,000 lxp_DebtConversionConvertedInstrumentCashPaymentDuringConversion |  |
Debt satisfaction expense | 2,436,000 lxp_DebtConversionConvertedInstrumentDebtSatisfactionExpense | 13,536,000 lxp_DebtConversionConvertedInstrumentDebtSatisfactionExpense | 7,842,000 lxp_DebtConversionConvertedInstrumentDebtSatisfactionExpense |  |
Repurchase of exchangeable notes | 0 lxp_RepurchaseOfExchangeableNotes | 0 lxp_RepurchaseOfExchangeableNotes | 62,150,000 lxp_RepurchaseOfExchangeableNotes |  |
Senior Notes [Member] |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Face Amount | 500,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = us-gaap_SeniorNotesMember |  |  |  |
6.00% Convertible Guaranteed Note [Member] |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Face Amount | 16,228,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember | 28,991,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember |  | 115,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember |
Debt interest rate percentage | 6.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember | 6.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember | 6.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember | 6.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember |
Convertible debt conversion ratio | 151.5965 us-gaap_DebtInstrumentConvertibleConversionRatio1 / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember |  |  |  |
Convertible debt conversion price | $ 6.60 us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_LongtermDebtTypeAxis = lxp_SixPercentConvertibleGuaranteedNoteMember |  |  |  |
4.25% Senior Note [Member] | Senior Notes Due 2023 [Member] |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Face Amount | 250,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = lxp_SeniorNotesDue2023Member / us-gaap_LongtermDebtTypeAxis = lxp_FourPointTwoFivePercentSeniorNoteMember |  |  |  |
Debt interest rate percentage | 4.25%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_DebtInstrumentAxis = lxp_SeniorNotesDue2023Member / us-gaap_LongtermDebtTypeAxis = lxp_FourPointTwoFivePercentSeniorNoteMember |  |  |  |
5.45% Exchangeable Guaranteed Note [Member] |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Face Amount |  |  |  |  | 450,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = lxp_FivePointFourFivePercentExchangeableGuaranteedNoteMember
Debt interest rate percentage |  |  |  |  | 5.45%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_FivePointFourFivePercentExchangeableGuaranteedNoteMember
Repurchase of exchangeable notes |  |  | 62,150,000 lxp_RepurchaseOfExchangeableNotes / us-gaap_LongtermDebtTypeAxis = lxp_FivePointFourFivePercentExchangeableGuaranteedNoteMember |  |
Debt satisfaction charges |  |  | 44,000 us-gaap_ExtinguishmentOfDebtGainLossNetOfTax / us-gaap_LongtermDebtTypeAxis = lxp_FivePointFourFivePercentExchangeableGuaranteedNoteMember |  |
6.804% Trust Preferred Securities [Member] |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |
Face Amount |  |  |  |  | 200,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_LongtermDebtTypeAxis = lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember
Debt interest rate percentage |  |  |  |  | 6.804%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember
Principal amount outstanding on Trust Preferred Securities | $ 129,120,000 us-gaap_PrincipalAmountOutstandingOnLoansSecuritized / us-gaap_LongtermDebtTypeAxis = lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember | $ 129,120,000 us-gaap_PrincipalAmountOutstandingOnLoansSecuritized / us-gaap_LongtermDebtTypeAxis = lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember |  |  |
Basis spread on variable rate |  |  |  |  | 1.70%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_LongtermDebtTypeAxis = lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember

X
- Definition Debt Conversion, Converted Instrument, Cash Payment During Conversion + References No definition available. + Details
Name: | lxp_DebtConversionConvertedInstrumentCashPaymentDuringConversion
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Debt Conversion, Converted Instrument, Debt Satisfaction Expense + References No definition available. + Details
Name: | lxp_DebtConversionConvertedInstrumentDebtSatisfactionExpense
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percent Of Notes Required To Be Repurchased At The Option Of The Holders On Set Dates + References No definition available. + Details
Name: | lxp_PercentOfNotesRequiredToBeRepurchasedAtOptionOfHoldersOnSetDates
Namespace Prefix: | lxp_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow from the repurchase of debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. + References No definition available. + Details
Name: | lxp_RepurchaseOfExchangeableNotes
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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 The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_DebtConversionConvertedInstrumentAmount1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The price per share of the conversion feature embedded in the debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6928298&loc=SL6031898-161870 + Details
Name: | us-gaap_DebtInstrumentConvertibleConversionPrice1
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Ratio applied to the conversion of debt instrument into equity with equity shares divided by debt principal amount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 5: 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)(5)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Conversion Rate -URI http://asc.fasb.org/extlink&oid=6509012 + Details
Name: | us-gaap_DebtInstrumentConvertibleConversionRatio1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

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=34725769&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 The difference between the reacquisition price and the net carrying amount of the extinguished debt recognized currently as a component of income in the period of extinguishment, net of tax. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6850294&loc=d3e12317-112629 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6401765&loc=d3e13305-112630 + Details
Name: | us-gaap_ExtinguishmentOfDebtGainLossNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This is the principal amount outstanding for securitized loans only (across all types of loans). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=13989330&loc=d3e107314-111719 + Details
Name: | us-gaap_PrincipalAmountOutstandingOnLoansSecuritized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of shares issued during the period as a result of the conversion of convertible securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-30) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=lxp_FivePointFourFivePercentExchangeableGuaranteedNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=lxp_FourPointTwoFivePercentSeniorNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=lxp_SixPercentConvertibleGuaranteedNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=lxp_SixPointEightZeroFourPercentTrustPreferredSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |