UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) December 1, 2004
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Lexington Corporate Properties Trust
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(Exact Name of Registrant as Specified in Its Charter)
Maryland
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(State or Other Jurisdiction of Incorporation)
1-12386 13-3717318
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(Commission File Number) (IRS Employer Identification No.)
One Penn Plaza, Suite 4015
New York, New York 10119-4015
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(Address of Principal Executive Offices) (Zip Code)
(212) 692-7200
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
Lexington Corporate Properties Trust (the "Company") is electing to re-issue in
an updated format the presentation of its historical financial statements in
accordance with the provisions of Statement of Financial Accounting Standards
No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets ("SFAS
144").
During the nine months ended September 30, 2004, the Company sold certain
properties and in accordance with SFAS 144 has reported revenue, expenses and
gains on sales from these properties as discontinued operations for the periods
presented in its quarterly report on Form 10-Q filed on November 9, 2004 for the
three months and nine months ended September 30, 2004.
This Current Report on Form 8-K updates Items 6, 7, 8 and 15(a)3 of the
Company's Form 10-K for the year ended December 31, 2003 (the "Form 10-K"), to
reflect those properties sold during 2004 or held for sale as of September 30,
2004 as discontinued operations and includes disclosures of material subsequent
events occurring through November 29, 2004. The Company has also reclassified
its Consolidated Statements of Income to conform to rule 5-03 of Regulation S-X.
All other items of the Form 10-K remain unchanged.
Item 9.01. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits
23.1 Consent of Independent Registered Public Accounting
Firm
99.1 Selected Re-Issued Items on Form 10-K
(a) Item 6 Selected Financial Data
(b) Item 7 Management's Discussion and
Analysis of Financial
Condition and Results of
Operations
(c) Item 8 Financial Statements and
Supplementary Data
(d) Item 15(a) 3 Exhibit 12 - Ratio of
Earnings to Combined Fixed
Charges and Preferred
Dividends
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Lexington Corporate Properties Trust
Date: December 1, 2004 By: /s/ Patrick Carroll
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Patrick Carroll
Chief Financial Officer
Exhibit Index
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Exhibit Number Description
23.1 Consent of Independent Registered Public Accounting
Firm
99.1 Selected Re-Issued Items on Form 10-K
(a) Item 6 Selected Financial Data
(b) Item 7 Management's Discussion and
Analysis of Financial
Condition and Results of
Operations
(c) Item 8 Financial Statements and
Supplementary Data
(d) Item 15(a) 3 Exhibit 12 - Ratio of
Earnings to Combined Fixed
Charges and Preferred
Dividends