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Earnings Per Share / Unit (EPS / EPU) (Tables)
 9 Months Ended
Sep. 30, 2019
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, 2019
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2019
 
Nine Months Ended September 30, 2018
Numerator:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
78,311

 
$
30,911

 
$
141,914

 
$
112,412

Net Income Allocable to Participating Securities
(170
)
 
(101
)
 
(319
)
 
(349
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
78,141

 
$
30,810

 
$
141,595

 
$
112,063

Denominator (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
126,480

 
125,768

 
126,295

 
123,098

Effect of Dilutive Securities:
 
 
 
 
 
 
 
        Performance units (See Note 9)
303

 
362

 
283

 
399

Weighted Average Shares - Diluted
126,783

 
126,130

 
126,578

 
123,497

Basic and Diluted EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.62

 
$
0.24

 
$
1.12

 
$
0.91
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, 2019
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2019
 
Nine Months Ended September 30, 2018
Numerator:
 
 
 
 
 
 
 
Net Income Available to Unitholders and Participating Securities
$
79,969

 
$
31,508

 
$
144,972

 
$
115,333

Net Income Allocable to Participating Securities
(249
)
 
(101
)
 
(453
)
 
(349
)
Net Income Available to Unitholders
$
79,720

 
$
31,407

 
$
144,519

 
$
114,984

Denominator (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
128,837

 
128,526

 
128,829

 
126,380

Effect of Dilutive Securities:
 
 
 
 
 
 
 
Performance units and certain Performance LTIP Units (See Note 9)
419

 
362

 
390

 
399

Weighted Average Units - Diluted
129,256

 
128,888

 
129,219

 
126,779

Basic and Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.62

 
$
0.24

 
$
1.12

 
$
0.91