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Equity | 6 Months Ended
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Jun. 30, 2019
Equity [Abstract] |
Equity | Equity Shareholders' Equity. During the six months ended June 30, 2019, the Company updated its At-The-Market offering program under which the Company may currently issue up to $100,000 in common shares over the term of the program. The Company did not issue common shares under its At-The-Market offering program during the six months ended June 30, 2019 and 2018. In addition, during the six months ended June 30, 2019 and 2018, the Company issued 41,186 and 46,561, respectively, fully vested common shares to non-management members of the Company's Board of Trustees with a fair value of $345 and $431, respectively. In July 2015, the Company's Board of Trustees authorized the repurchase of up to 10,000,000 common shares and, in 2018, increased this authorization by 10,000,000 common shares. This share repurchase program has no expiration date. During the six months ended June 30, 2019 and 2018, the Company repurchased and retired 441,581 and 925,775 common shares, respectively, at an average price of $8.13 and $7.93, respectively, per common share under the share repurchase program. The Company records a liability for repurchases that have not yet been settled as of period end. There were no unsettled repurchases as of June 30, 2019. A summary of the changes in accumulated other comprehensive income related to the Company's cash flow hedges is as follows:
|  | Six Months Ended June 30,
|  | 2019 |  | 2018
Balance at beginning of period |  | $ | 76 |  |  | $ | 1,065 |
Other comprehensive income before reclassifications |  | 1 |  |  | 606 |
Amounts of income reclassified from accumulated other comprehensive income to interest expense |  | (77 | ) |  | (573 | )
Balance at end of period |  | $ | — |  |  | $ | 1,098 |
Noncontrolling Interests. In conjunction with several of the Company's acquisitions in prior years, sellers were issued OP units as a form of consideration. All OP units, other than OP units owned by the Company, are redeemable for common shares at certain times, at the option of the holders, and are generally not otherwise mandatorily redeemable by the Company. The OP units are classified as a component of permanent equity as the Company has determined that the OP units are not redeemable securities as defined by GAAP. Each OP unit is currently redeemable at the holder's option for approximately 1.13 common shares, subject to future adjustments. As of June 30, 2019, there were approximately 3,138,000 OP units outstanding other than OP units owned by the Company. All OP units receive distributions in accordance with the LCIF partnership agreement. To the extent that the Company's dividend per common share is less than the stated distribution per OP unit per the LCIF partnership agreement, the distributions per OP unit are reduced by the percentage reduction in the Company's dividend per common share. No OP units have a liquidation preference. The following discloses the effects of changes in the Company's ownership interests in its noncontrolling interests:
| Net Income (Loss) Attributable to Shareholders and Transfers from Noncontrolling Interests
| Six Months Ended June 30,
| 2019 |  | 2018
Net income (loss) attributable to Lexington Realty Trust shareholders | $ | 51,360 |  |  | $ | (16,009 | )
Transfers from noncontrolling interests: |  |  |
Increase in additional paid-in-capital for redemption of noncontrolling OP units | 161 |  |  | 63 |
Change from net income (loss) attributable to shareholders and transfers from noncontrolling interests | $ | 51,521 |  |  | $ | (15,946 | )

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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