XML 41 R21.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Leases | 12 Months Ended
--- | ---
Dec. 31, 2016
Operating Leased Assets [Line Items] |
Leases | Leases Lessor: Minimum future rental receipts under the non-cancelable portion of tenant leases, assuming no new or re-negotiated leases, for the next five years and thereafter are as follows:
Year ending December 31, |  | Total
2017 |  | $ | 328,054 |
2018 |  | 314,764 |
2019 |  | 283,225 |
2020 |  | 248,427 |
2021 |  | 229,201 |
Thereafter |  | 1,846,042 |
|  | $ | 3,249,713 |
The above minimum lease payments do not include reimbursements to be received from tenants for certain operating expenses and real estate taxes and do not include early termination payments provided for in certain leases. Certain leases allow for the tenant to terminate the lease if the property is deemed obsolete, as defined, and upon payment of a termination fee to the landlord, as stipulated in the lease. In addition, certain leases provide the tenant with the right to purchase the leased property at fair market value or a stipulated price. Lessee: The Company holds, through property owner subsidiaries, leasehold interests in various properties. Generally, the ground rents on these properties are either paid directly by the tenants to the fee holder or reimbursed to the Company as additional rent. Certain properties are economically owned through the holding of industrial revenue bonds and as such neither ground lease payments nor bond debt service payments are made or received, respectively. For certain of these properties, the Company has an option to purchase the fee interest. Minimum future rental payments under non-cancelable leasehold interests, excluding leases held through industrial revenue bonds and lease payments in the future that are based upon fair market value, for the next five years and thereafter are as follows:
Year ending December 31, |  | Total
2017 |  | $ | 5,186 |
2018 |  | 5,062 |
2019 |  | 4,557 |
2020 |  | 4,549 |
2021 |  | 4,201 |
Thereafter |  | 30,308 |
|  | $ | 53,863 |
Rent expense for the leasehold interests, including discontinued operations, was $987, $868 and $919 in 2016, 2015 and 2014, respectively. The Company leases its corporate headquarters. The lease expires March 2026. The Company is responsible for its proportionate share of operating expenses and real estate taxes above a base year. In addition, the Company leases office space for its regional offices. The minimum lease payments for the Company's offices are $1,294 for 2017, $1,294 for 2018, $1,295 for 2019, $1,296 for 2020 and $1,325 for 2021 and $5,575 thereafter. Rent expense for 2016, 2015 and 2014 was $1,242, $1,435 and $1,356, respectively.
LCIF [Member] |
Operating Leased Assets [Line Items] |
Leases | Leases Lessor: Minimum future rental receipts under the non-cancelable portion of tenant leases, assuming no new or re-negotiated leases, for the next five years and thereafter are as follows:
Year ending December 31, |  | Total
2017 |  | $ | 65,008 |
2018 |  | 59,103 |
2019 |  | 50,008 |
2020 |  | 44,802 |
2021 |  | 41,117 |
Thereafter |  | 405,828 |
|  | $ | 665,866 |
The above minimum lease payments do not include reimbursements to be received from tenants for certain operating expenses and real estate taxes and do not include early termination payments provided for in certain leases. Certain leases allow for the tenant to terminate the lease if the property is deemed obsolete, as defined, and upon payment of a termination fee to the landlord, as stipulated in the lease. In addition, certain leases provide the tenant with the right to purchase the leased property at fair market value or a stipulated price. Lessee: The Partnership holds, through property owner subsidiaries, leasehold interests in various properties. Generally, the ground rents on these properties are either paid directly by the tenants to the fee holder or reimbursed to the Partnership as additional rent. For certain of these properties, the Partnership has an option to purchase the fee interest. Minimum future rental payments under non-cancelable leasehold interests, excluding leases held through industrial revenue bonds and lease payments in the future that are based upon fair market value, for the next five years and thereafter are as follows:
Year ending December 31, |  | Total
2017 |  | $ | 260 |
2018 |  | 260 |
2019 |  | 260 |
2020 |  | 260 |
2021 |  | 260 |
Thereafter |  | 2,510 |
|  | $ | 3,810 |
Rent expense for the leasehold interests, including discontinued operations, was $286, $307 and $289 in 2016, 2015, and 2014, respectively.

X
- Definition Leases of Lessor and Lessee Disclosure [Text Block] + References No definition available. + Details
Name: | lxp_LeasesOfLessorAndLesseeDisclosureTextBlock
Namespace Prefix: | lxp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_OperatingLeasedAssetsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=lxp_LCIFMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |