Stockholders' Equity

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity

5. Stockholders’ Equity

Shares of Common Stock and Noncontrolling Interest

During the six months ended June 30, 2015 and 2014, 10,395 and 137,463 limited partnership interests in the Operating Partnership ("Units"), respectively, were converted into an equivalent number of shares of common stock, resulting in a reclassification of $100 and $1,333, respectively, of noncontrolling interest to First Industrial Realty Trust Inc.’s stockholders’ equity.

The following table summarizes the changes in noncontrolling interest for the six months ended June 30, 2015 and 2014:

	June 30, 2015			June 30, 2014
Noncontrolling Interest, Beginning of Period	$	41,877		$	44,369
Net Income	649			269
Unit Distributions	(1,113		)	(915		)
Other Comprehensive Income (Loss) (Including a Reallocation of $2 and $7)	248			(127		)
Conversion of Units to Common Stock	(100		)	(1,333		)
Reallocation - Additional Paid-in-Capital	13			(91		)
Noncontrolling Interest, End of Period	$	41,574		$	42,172

Dividends/Distributions

During the six months ended June 30, 2015, we accrued $29,481 common stock dividends and operating partnership unit distributions.