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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Lease Revenue $ 103,638 $ 99,040
Other Revenue 903 731
Total Revenues 104,541 99,771
Expenses:    
Property Expenses 30,168 29,411
General and Administrative 6,802 8,143
Impairment of Real Estate 0 2,756
Depreciation and Other Amortization 30,055 28,315
Total Expenses 67,025 68,625
Other (Expense) Income:    
(Loss) Gain on Sale of Real Estate (208) 20,089
Interest Expense (12,767) (12,791)
Amortization of Debt Issuance Costs (831) (855)
Loss from Retirement of Debt 0 (39)
Total Other (Expense) Income (13,806) 6,404
Income from Operations Before Equity in Income of Joint Venture and Income Tax Provision 23,710 37,550
Equity in Income of Joint Venture 844 0
Income Tax Provision (214) (86)
Net Income 24,340 37,464
Less: Net Income Attributable to the Noncontrolling Interest (537) (1,172)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 23,803 $ 36,292
Basic and Diluted Earnings Per Share / Unit:    
Net Income Available to Common Stockholders / Unitholders $ 0.19 $ 0.30
Weighted Average Shares/Units Outstanding - Basic 126,194 119,846
Weighted Average Shares/Units Outstanding - Diluted 126,456 120,211
First Industrial, L.P.    
Revenues:    
Lease Revenue $ 103,638 $ 99,040
Other Revenue 903 731
Total Revenues 104,541 99,771
Expenses:    
Property Expenses 30,168 29,411
General and Administrative 6,802 8,143
Impairment of Real Estate 0 2,756
Depreciation and Other Amortization 30,055 28,315
Total Expenses 67,025 68,625
Other (Expense) Income:    
(Loss) Gain on Sale of Real Estate (208) 20,089
Interest Expense (12,767) (12,791)
Amortization of Debt Issuance Costs (831) (855)
Loss from Retirement of Debt 0 (39)
Total Other (Expense) Income (13,806) 6,404
Income from Operations Before Equity in Income of Joint Venture and Income Tax Provision 23,710 37,550
Equity in Income of Joint Venture 844 0
Income Tax Provision (214) (86)
Net Income 24,340 37,464
Less: Net Income Attributable to the Noncontrolling Interest (26) (21)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 24,314 $ 37,443
Basic and Diluted Earnings Per Share / Unit:    
Net Income Available to Common Stockholders / Unitholders $ 0.19 $ 0.30
Weighted Average Shares/Units Outstanding - Basic 128,818 123,729
Weighted Average Shares/Units Outstanding - Diluted 129,178 124,094