XML 60 R42.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The Company's provision for income taxes for the years ended December 31, 2021, 2020 and 2019 is summarized as follows:
| 2021 |  | 2020 |  | 2019
Current: |  |  |  |  |
Federal | $ | (26) |  |  | $ | (173) |  |  | $ | (70) |
State and local | (1,267) |  |  | (1,411) |  |  | (1,309) |
| $ | (1,293) |  |  | $ | (1,584) |  |  | $ | (1,379) |
Statutory Accounting Practices Disclosure | The income tax provision differs from the amount computed by applying the statutory federal income tax rate to pre-tax operating income as follows:
| 2021 |  | 2020 |  | 2019
Federal provision at statutory tax rate (21%) | $ | (35) |  |  | $ | (195) |  |  | $ | (73) |
State and local taxes, net of federal benefit | — |  |  | (77) |  |  | (10) |
Other | (1,258) |  |  | (1,312) |  |  | (1,296) |
| $ | (1,293) |  |  | $ | (1,584) |  |  | $ | (1,379) |
Summary of Average Taxable Nature of Dividends | A summary of the average taxable nature of the Company's common dividends for each of the years in the 3-year period ended December 31, 2021, is as follows:
| 2021 |  | 2020 |  | 2019
Total dividends per share | $ | 0.430 |  |  | $ | 0.420 |  |  | $ | 0.485 |
Ordinary income | 65.89 | % |  | 95.1 | % |  | 61.07 | %
Qualifying dividend | 0.10 | % |  | 0.6 | % |  | 0.22 | %
Capital gain | — |  |  | — |  |  | — |
Return of capital | 34.01 | % |  | 4.3 | % |  | 38.71 | %
| 100.00 | % |  | 100.00 | % |  | 100.00 | %
A summary of the average taxable nature of the Company's dividend on shares of its Series C Preferred for each of the years in the 3-year period ended December 31, 2021, is as follows:
| 2021 |  | 2020 |  | 2019
Total dividends per share | $ | 3.25 |  |  | $ | 3.25 |  |  | $ | 3.25 |
Ordinary income | 99.84 | % |  | 99.38 | % |  | 99.64 | %
Qualifying dividend | 0.16 | % |  | 0.62 | % |  | 0.36 | %
Capital gain | — |  |  | — |  |  | — |
Return of capital | — |  |  | — |  |  | — |
| 100.00 | % |  | 100.00 | % |  | 100.00 | %

X
- Definition Summary of Average Taxable Nature of Dividends [Table Text Block] + References No definition available. + Details
Name: | lxp_SummaryOfAverageTaxableNatureOfDividendsTableTextBlock
Namespace Prefix: | lxp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration