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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Rental Income $ 64,928 $ 63,001 $ 128,748 $ 124,882
Tenant Recoveries and Other Income 19,759 18,558 39,174 36,821
Total Revenues 84,687 81,559 167,922 161,703
Expenses:        
Property Expenses 27,774 25,573 55,527 51,633
General and Administrative 5,401 5,954 11,864 11,571
Impairment of Real Estate 1,429 0 1,429 (153)
Depreciation and Other Amortization 29,238 29,484 56,416 61,175
Total Expenses 63,842 61,011 125,236 124,226
Other Income (Expense):        
Interest Income 600 678 1,163 1,605
Interest Expense (18,431) (21,172) (37,394) (43,865)
Amortization of Deferred Financing Costs (833) (850) (1,687) (1,725)
Mark-to-Market Gain (Loss) on Interest Rate Protection Agreements 56 (429) 52 (305)
Loss from Retirement of Debt (4,436) (6,223) (5,586) (6,222)
Total Other Income (Expense) (23,044) (27,996) (43,452) (50,512)
Loss from Continuing Operations Before Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax (Provision) Benefit (2,199) (7,448) (766) (13,035)
Equity in Income of Joint Ventures 27 37 47 128
Gain on Change in Control of Interests 0 0 0 776
Income Tax (Provision) Benefit (3) (5,354) 59 (5,263)
Loss from Continuing Operations (2,175) (12,765) (660) (17,394)
Discontinued Operations:        
Income Attributable to Discontinued Operations 56 1,013 230 498
Gain on Sale of Real Estate 13,481 1,386 10,407 7,585
Income from Discontinued Operations 13,537 2,399 10,637 8,083
Income (Loss) Before Gain on Sale of Real Estate 11,362 (10,366) 9,977 (9,311)
Gain on Sale of Real Estate 0 0 262 0
Net Income (Loss) 11,362 (10,366) 10,239 (9,311)
Less: Net (Income) Loss Attributable to the Noncontrolling Interest (245) 838 (25) 1,045
Net Income (Loss) Attributable to First Industrial Realty Trust, Inc. 11,117 (9,528) 10,214 (8,266)
Less: Preferred Dividends (2,277) (4,798) (6,114) (9,560)
Less: Redemption of Preferred Stock (3,546) 0 (3,546) 0
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities $ 5,294 $ (14,326) $ 554 $ (17,826)
Basic and Diluted Earnings Per Share:        
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders $ (0.07) $ (0.19) $ (0.09) $ (0.29)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders $ 0.12 $ 0.03 $ 0.10 $ 0.09
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders $ 0.05 $ (0.16) $ 0.01 $ (0.20)
Distributions Per Share $ 0.085 $ 0 $ 0.17 $ 0
Weighted Average Shares Outstanding 108,117 87,981 104,466 87,278