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Earnings Per Share (EPS) (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted EPS is presented below: 
 
Three Months Ended June 30, 2015
 
Three Months Ended June 30, 2014
 
Six Months Ended June 30, 2015
 
Six Months Ended June 30, 2014
Numerator:
 
 
 
 
 
 
 
Income from Continuing Operations
$
14,568

 
$
3,152

 
$
17,034

 
$
7,078

Noncontrolling Interest Allocable to Continuing Operations
(556
)
 
(124
)
 
(649
)
 
(182
)
Income from Continuing Operations Allocable to Participating Securities
(50
)
 
(32
)
 
(91
)
 
(50
)
Income from Continuing Operations Attributable to First Industrial Realty Trust, Inc.
13,962

 
2,996

 
16,294

 
6,846

Preferred Dividends

 

 

 
(1,019
)
Redemption of Preferred Stock

 

 

 
(1,462
)
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
13,962

 
$
2,996

 
$
16,294

 
$
4,365

Income from Discontinued Operations
$

 
$
1,052

 
$

 
$
2,193

Noncontrolling Interest Allocable to Discontinued Operations

 
(41
)
 

 
(87
)
Income from Discontinued Operations Allocable to Participating Securities

 
(11
)
 

 
(25
)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.
$

 
$
1,000

 
$

 
$
2,081

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities
$
14,012

 
$
4,039

 
$
16,385

 
$
6,521

Net Income Allocable to Participating Securities
(50
)
 
(43
)
 
(91
)
 
(75
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
13,962

 
$
3,996

 
$
16,294

 
$
6,446

Denominator (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
110,348

 
109,815

 
110,329

 
109,746

Effect of Dilutive Securities:
 
 
 
 
 
 
 
        LTIP performance units
335

 
589

 
350

 
564

Weighted Average Shares - Diluted
110,683

 
110,404

 
110,679

 
110,310

Basic and Diluted EPS:
 
 
 
 
 
 
 
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.13

 
$
0.03

 
$
0.15

 
$
0.04

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$

 
$
0.01

 
$

 
$
0.02

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.13

 
$
0.04

 
$
0.15

 
$
0.06