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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Rental Income $ 71,752 $ 68,210
Tenant Recoveries and Other Income 21,715 21,756
Total Revenues 93,467 89,966
Expenses:    
Property Expenses 28,367 29,791
General and Administrative 7,674 6,966
Acquisition Costs 64 0
Depreciation and Other Amortization 31,128 28,306
Total Expenses 67,233 65,063
Other Income (Expense):    
Gain on Sale of Real Estate 7,251 7,930
Interest Expense (16,259) (16,642)
Amortization of Deferred Financing Costs (873) (746)
Mark-to-Market Loss on Interest Rate Protection Agreements 0 (12,990)
Total Other Income (Expense) (9,881) (22,448)
Income from Continuing Operations Before Equity in Income of Joint Ventures and Income Tax Provision 16,353 2,455
Equity in Income of Joint Ventures 0 71
Income Tax Provision (58) (60)
Net Income 16,295 2,466
Less: Net Income Attributable to the Noncontrolling Interest (607) (93)
Net Income Available to Common Stockholders/Unitholders and Participating Securities $ 15,688 $ 2,373
Basic and Diluted Earnings Per Share/Unit:    
Net Income Available to Common Stockholders / Unitholders $ 0.14 $ 0.02
Dividends/Distributions Per Share/Unit $ 0.19 $ 0.1275
Weighted Average Shares/Units Outstanding - Basic 110,793 110,310
Weighted Average Shares/Units Outstanding - Diluted 110,985 110,675
First Industrial, L.P.    
Revenues:    
Rental Income $ 71,752 $ 68,210
Tenant Recoveries and Other Income 21,715 21,756
Total Revenues 93,467 89,966
Expenses:    
Property Expenses 28,367 29,791
General and Administrative 7,674 6,949
Acquisition Costs 64 0
Depreciation and Other Amortization 31,128 28,306
Total Expenses 67,233 65,046
Other Income (Expense):    
Gain on Sale of Real Estate 7,251 7,930
Interest Expense (16,259) (16,642)
Amortization of Deferred Financing Costs (873) (746)
Mark-to-Market Loss on Interest Rate Protection Agreements 0 (12,990)
Total Other Income (Expense) (9,881) (22,448)
Income from Continuing Operations Before Equity in Income of Joint Ventures and Income Tax Provision 16,353 2,472
Equity in Income of Joint Ventures 0 71
Income Tax Provision (58) (60)
Net Income 16,295 2,483
Less: Net Income Attributable to the Noncontrolling Interest (14) (26)
Net Income Available to Common Stockholders/Unitholders and Participating Securities $ 16,281 $ 2,457
Basic and Diluted Earnings Per Share/Unit:    
Net Income Available to Common Stockholders / Unitholders $ 0.14 $ 0.02
Dividends/Distributions Per Share/Unit $ 0.19 $ 0.1275
Weighted Average Shares/Units Outstanding - Basic 115,096 114,681
Weighted Average Shares/Units Outstanding - Diluted 115,288 115,046