That seems according to old RSSI signal measurement standard. That doesn't apply to LTE phones with Android 4.x, OS. But it was correct for 3G android phones with OS up to 2.3.X.
Simply put, subtract about 15dbm to above numbers for RSRP signal reporting on LTE phones. -120dbm is about where LTE signal starts dropping, which is in line with my experience.
This post on rootzwiki explains that well though it's a bit length. But it's worth of reading to understand how signal is reported on phone.
[APP][2012-12-20] Advanced Signal Status v1.1.3 - Android Applications - RootzWiki