XML 15 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investment in Real Estate:    
Land $ 806,722 $ 794,821
Buildings and Improvements 2,526,629 2,523,015
Construction in Progress 62,651 67,078
Less: Accumulated Depreciation (806,925) (796,492)
Net Investment in Real Estate 2,589,077 2,588,422
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $1,719 and $1,471 4,471 2,354
Cash and Cash Equivalents 18,998 9,859
Restricted Cash 7,503 11,602
Tenant Accounts Receivable, Net 4,355 4,757
Deferred Rent Receivable, Net 68,768 67,382
Deferred Leasing Intangibles, Net 27,909 29,499
Prepaid Expenses and Other Assets, Net 83,977 79,388
Total Assets 2,805,058 2,793,263
Indebtedness:    
Mortgage Loans Payable, Net 457,442 495,956
Senior Unsecured Notes, Net 205,051 204,998
Unsecured Term Loans, Net 456,804 456,638
Unsecured Credit Facility 252,000 189,500
Accounts Payable, Accrued Expenses and Other Liabilities 66,440 84,412
Deferred Leasing Intangibles, Net 10,057 10,400
Rents Received in Advance and Security Deposits 45,757 43,300
Dividends and Distributions Payable 25,977 23,434
Total Liabilities 1,519,528 1,508,638
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
Common Stock ($0.01 par value, 150,000,000 shares authorized and 117,272,946 and 117,107,746 shares issued and outstanding) 1,174 1,172
Additional Paid-in-Capital 1,888,231 1,886,771
Distributions in Excess of Accumulated Earnings (644,586) (641,859)
Accumulated Other Comprehensive Loss (2,445) (4,643)
Total First Industrial Realty Trust, Inc.’s Stockholders’ Equity 1,242,374 1,241,441
Noncontrolling Interest 43,156 43,184
Total Equity 1,285,530 1,284,625
Total Liabilities and Equity/Partners' Capital 2,805,058 2,793,263
First Industrial, L.P.    
Investment in Real Estate:    
Land 806,722 794,821
Buildings and Improvements 2,526,629 2,523,015
Construction in Progress 62,651 67,078
Less: Accumulated Depreciation (806,925) (796,492)
Net Investment in Real Estate 2,589,077 2,588,422
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $1,719 and $1,471 4,471 2,354
Cash and Cash Equivalents 18,998 9,859
Restricted Cash 7,503 11,602
Tenant Accounts Receivable, Net 4,355 4,757
Deferred Rent Receivable, Net 68,768 67,382
Deferred Leasing Intangibles, Net 27,909 29,499
Prepaid Expenses and Other Assets, Net 94,405 89,826
Total Assets 2,815,486 2,803,701
Indebtedness:    
Mortgage Loans Payable, Net 457,442 495,956
Senior Unsecured Notes, Net 205,051 204,998
Unsecured Term Loans, Net 456,804 456,638
Unsecured Credit Facility 252,000 189,500
Accounts Payable, Accrued Expenses and Other Liabilities 66,440 84,412
Deferred Leasing Intangibles, Net 10,057 10,400
Rents Received in Advance and Security Deposits 45,757 43,300
Dividends and Distributions Payable 25,977 23,434
Total Liabilities 1,519,528 1,508,638
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (117,272,946 and 117,107,746 units outstanding) 1,218,425 1,219,755
Limited Partners Units (4,039,375 and 4,039,375 units outstanding) 79,090 79,156
Accumulated Other Comprehensive Loss (2,530) (4,804)
Total First Industrial L.P.'s Partners’ Capital 1,294,985 1,294,107
Noncontrolling Interest 973 956
Total Partners’ Capital 1,295,958 1,295,063
Total Liabilities and Equity/Partners' Capital $ 2,815,486 $ 2,803,701