XML 38 R51.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Investments in Real Estate - Schedule of Acquired Properties (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018
Real Estate [Line Items] |  |
Initial Cost Basis | $ 703,843 | $ 315,590
Land and Land Estate | 54,478 | 30,630
Building and Improvements | 590,973 | 269,019
Lease in-place Value | 61,847 | 26,598
Below Market Lease | $ (3,455) | $ (10,657)
In-place lease values |  |
Real Estate [Line Items] |  |
Weighted-average life of intangible assets (years) | 8 years 4 months 24 days | 8 years 4 months 24 days
Leases, Acquired-in-Place, Market Adjustment [Member] |  |
Real Estate [Line Items] |  |
Weighted-average life of intangible assets (years) | 8 years | 9 years 4 months 24 days
Office Property | Olive Branch, Mississippi | Olive Branch, Mississippi, Industrial Property Expiring 2029 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | $ 44,090
Land and Land Estate |  | 1,958
Building and Improvements |  | 38,687
Lease in-place Value |  | 3,445
Below Market Lease |  | 0
Office Property | Spartanburg, South Carolina |  |
Real Estate [Line Items] |  |
Land and Land Estate |  | 1,447
Building and Improvements |  | 23,744
Lease in-place Value |  | 2,441
Below Market Lease |  | 0
Office Property | Spartanburg, South Carolina | Spartanburg, SC Property Expiring July 2024 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 27,632
Industrial Property | Olive Branch, Mississippi | Olive Branch, Mississippi, Industrial Property Expiring 2021 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 48,575
Land and Land Estate |  | 2,500
Building and Improvements |  | 42,538
Lease in-place Value |  | 5,151
Below Market Lease |  | (1,614)
Industrial Property | Edwardsville, Illinois | Edwardsville, IL Industrial Property Expiring 2030 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 44,178
Land and Land Estate |  | 3,649
Building and Improvements |  | 41,292
Lease in-place Value |  | 3,467
Below Market Lease |  | (4,230)
Industrial Property | Pasadena, Texas | Pasadena, TX Industrial Property Expiring 2023 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 23,868
Land and Land Estate |  | 4,057
Building and Improvements |  | 17,810
Lease in-place Value |  | 2,001
Below Market Lease |  | 0
Industrial Property | Carrollton, Texas | Carrollton, Texas |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 19,564
Land and Land Estate |  | 3,228
Building and Improvements |  | 15,766
Lease in-place Value |  | 1,247
Below Market Lease |  | (677)
Industrial Property | Goodyear, Arizona | Goodyear, Arizona Industrial Property Expiring 2026 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 41,372
Land and Land Estate |  | 5,247
Building and Improvements |  | 36,115
Lease in-place Value |  | 2,014
Below Market Lease |  | (2,004)
Industrial Property | Chester, Virginia |  |
Real Estate [Line Items] |  |
Land and Land Estate |  | 8,544
Industrial Property | Chester, Virginia | Chester, VA Industrial Property Expiring 2030 |  |
Real Estate [Line Items] |  |
Initial Cost Basis |  | 66,311
Building and Improvements |  | 53,067
Lease in-place Value |  | 6,832
Below Market Lease |  | $ (2,132)
Indianapolis, Indiana | Industrial Property | Indianapolis, IN, Industrial Property Expiring 2025 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | $ 20,809 |
Land and Land Estate | 1,954 |
Building and Improvements | 16,820 |
Lease in-place Value | 2,035 |
Atlanta, Georgia | Industrial Property | Atlanta, GA Property Expiring 2023 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 37,182 |
Land and Land Estate | 3,253 |
Building and Improvements | 30,951 |
Lease in-place Value | 2,978 |
Atlanta, Georgia | Industrial Property | Atlanta, GA Industrial Property Expiring 2020 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 45,441 |
Land and Land Estate | 3,251 |
Building and Improvements | 40,023 |
Lease in-place Value | 2,167 |
Atlanta, Georgia | Industrial Property | Atlanta, GA Industrial Property Expiring 2024 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 27,353 |
Land and Land Estate | 2,536 |
Building and Improvements | 22,825 |
Lease in-place Value | 1,992 |
Cincinnati, Ohio | Industrial Property | Cincinnati, Ohio, Industrial Property Expiring 2023 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 13,762 |
Land and Land Estate | 544 |
Building and Improvements | 12,376 |
Lease in-place Value | 842 |
Cincinnati, Ohio | Industrial Property | Cincinnati, Ohio, Industrial Property Expiring 2030 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 100,288 |
Land and Land Estate | 3,950 |
Building and Improvements | 88,427 |
Lease in-place Value | 7,911 |
Cincinnati, Ohio | Industrial Property | Cincinnati, Ohio, Industrial Property Expiring 2027 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 65,763 |
Land and Land Estate | 3,123 |
Building and Improvements | 60,703 |
Lease in-place Value | 5,392 |
Below Market Lease | (3,455) |
Dallas, Texas | Industrial Property | Dallas, TX Property Expiring 2023 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 28,201 |
Land and Land Estate | 2,420 |
Building and Improvements | 23,330 |
Lease in-place Value | 2,451 |
Greenville/Spartanburg, South Carolina | Industrial Property | Greenville/Spartanburg, SC Property Expiring 2024 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 33,253 |
Land and Land Estate | 1,615 |
Building and Improvements | 27,829 |
Lease in-place Value | 3,809 |
Greenville/Spartanburg, South Carolina | Industrial Property | Greenville/Spartanburg, SC Property Expiring July 2024 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 16,817 |
Land and Land Estate | 1,406 |
Building and Improvements | 14,272 |
Lease in-place Value | 1,139 |
Greenville/Spartanburg, South Carolina | Industrial Property | Greenville/Spartanburg, SC Industrial Property Expiring 2025 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 15,583 |
Land and Land Estate | 1,257 |
Building and Improvements | 13,252 |
Lease in-place Value | 1,074 |
Greenville/Spartanburg, South Carolina | Industrial Property | Greenville/Spartanburg, SC Industrial Property Expiring 2034 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 94,233 |
Land and Land Estate | 6,959 |
Building and Improvements | 78,364 |
Lease in-place Value | 8,910 |
Memphis, Tennessee | Industrial Property | Memphis, Tennessee, Industrial Property Expiring 2024 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 49,395 |
Land and Land Estate | 2,646 |
Building and Improvements | 40,452 |
Lease in-place Value | 6,297 |
Memphis, Tennessee | Industrial Property | Memphis, Tennessee, Industrial Property Expiring 2023 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 18,316 |
Land and Land Estate | 851 |
Building and Improvements | 15,465 |
Lease in-place Value | 2,000 |
Phoenix, Arizona | Industrial Property | Phoenix, AZ Industrial Property Expiring 2026 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 21,020 |
Land and Land Estate | 3,311 |
Building and Improvements | 16,013 |
Lease in-place Value | 1,696 |
Phoenix, Arizona | Industrial Property | Phoenix, AZ Industrial Property Expiring 2030 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 67,079 |
Land and Land Estate | 11,970 |
Building and Improvements | 48,924 |
Lease in-place Value | 6,185 |
Chicago, Illinois | Industrial Property | Chicago, IL Industrial Property Expiring 2029 |  |
Real Estate [Line Items] |  |
Initial Cost Basis | 49,348 |
Land and Land Estate | 3,432 |
Building and Improvements | 40,947 |
Lease in-place Value | $ 4,969 |

X
- Definition Investment Building and Building Improvements Acquired During Period + References No definition available. + Details
Name: | lxp_InvestmentBuildingAndBuildingImprovementsAcquiredDuringPeriod
Namespace Prefix: | lxp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount before amortization of leases acquired as part of a real property acquisition at below market lease rate with a finite life. + References No definition available. + Details
Name: | us-gaap_BelowMarketLeaseGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6613-128477 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=116859721&loc=d3e6578-128477 + Details
Name: | us-gaap_BusinessCombinationConsiderationTransferred1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the amount of value allocated by a lessor (acquirer) to lease agreements which exist at acquisition of a leased property. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 4 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=118951113&loc=d3e6812-107765 + Details
Name: | us-gaap_Land
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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_RealEstateLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_LeasesAcquiredInPlaceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_OliveBranchMississippiMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_OliveBranchMississippiIndustrialPropertyExpiring2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_SpartanburgSouthCarolinaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_SpartanburgSCPropertyExpiringJuly2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_IndustrialPropertyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_OliveBranchMississippiIndustrialPropertyExpiring2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_EdwardsvilleIllinoisMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_EdwardsvilleILIndustrialPropertyExpiring2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_PasadenaTexasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_PasadenaTXIndustrialPropertyExpiring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_CarrolltonTexaspropertyExpiring2033Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_CarrolltonTexaspropertyExpiring2033Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_GoodyearArizonaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_GoodyearArizonaIndustrialPropertyExpiring2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | invest_InvestmentGeographicRegionAxis=lxp_ChesterVirginiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_ChesterVAIndustrialPropertyExpiring2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_IndianapolisIndianaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_IndianapolisIndiaPropertyExpiring2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_AtlantaGeorgiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_AtlantaGAPropertyExpiring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_AtlantaGAIndustrialPropertyExpiring2020Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_AtlantaGAIndustrialPropertyExpiring2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_CincinnatiOhioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_CincinnatiOhioIndustrialPropertyExpiring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_CincinnatiOhioIndustrialPropertyExpiring2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_CincinnatiOhioIndustrialPropertyExpiring2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_DallasTexasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_DallasTXPropertyExpiring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_GreenvilleSpartanburgSouthCarolinaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_GreenvilleSpartanburgSCPropertyExpiringJanuary2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_GreenvilleSpartanburgSCPropertyExpiringJuly2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_GreenvilleSpartanburgSCIndustrialPropertyExpiring2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_GreenvilleSpartanburgSCIndustrialPropertyExpiring2034Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_MemphisTennesseeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_MemphisTennesseeIndustrialPropertyExpiring2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_MemphisTennesseeIndustrialPropertyExpiring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_PhoenixArizonaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_PhoenixAZIndustrialPropertyExpiring2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_PhoenixAZIndustrialPropertyExpiring2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=lxp_ChicagoIllinoisMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=lxp_ChicagoILIndustrialPropertyExpiring2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |