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Earnings Per Share / Unit (EPS / EPU) (Tables)
 9 Months Ended
Sep. 30, 2018
Computation of Basic and Diluted Earnings Per Share / Unit
The computation of basic and diluted EPS of the Company is presented below: 
 
Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2018
 
Nine Months Ended September 30, 2017
Numerator:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
30,911

 
$
43,198

 
$
112,412

 
$
103,469

Net Income Allocable to Participating Securities
(101
)
 
(145
)
 
(349
)
 
(327
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
30,810

 
$
43,053

 
$
112,063

 
$
103,142

Denominator (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
125,768

 
119,446

 
123,098

 
117,870

Effect of Dilutive Securities:
 
 
 
 
 
 
 
        LTIP Unit Awards (As Defined in Note 9)
362

 
544

 
399

 
482

Weighted Average Shares - Diluted
126,130

 
119,990

 
123,497

 
118,352

Basic EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.24

 
$
0.36

 
$
0.91

 
$
0.88

Diluted EPS:
 
 
 
 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.24

 
$
0.36

 
$
0.91

 
$
0.87
First Industrial, L.P.  
Computation of Basic and Diluted Earnings Per Share / Unit
The computation of basic and diluted EPU of the Operating Partnership is presented below:
 
Three Months Ended September 30, 2018
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2018
 
Nine Months Ended September 30, 2017
Numerator:
 
 
 
 
 
 
 
Net Income Available to Unitholders and Participating Securities
$
31,508

 
$
44,613

 
$
115,333

 
$
106,904

Net Income Allocable to Participating Securities
(101
)
 
(145
)
 
(349
)
 
(327
)
Net Income Available to Unitholders
$
31,407

 
$
44,468

 
$
114,984

 
$
106,577

Denominator (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
128,526

 
123,483

 
126,380

 
121,909

Effect of Dilutive Securities that Result in the Issuance of General Partner Units:
 
 
 
 
 
 
 
LTIP Unit Awards (As Defined in Note 9)
362

 
544

 
399

 
482

Weighted Average Units - Diluted
128,888

 
124,027

 
126,779

 
122,391

Basic EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.24

 
$
0.36

 
$
0.91

 
$
0.87

Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.24

 
$
0.36

 
$
0.91

 
$
0.87