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Earnings Per Share / Unit (EPS / EPU) (Tables)
 9 Months Ended
Sep. 30, 2020
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, 2020Three Months Ended September 30, 2019Nine Months Ended September 30, 2020Nine Months Ended September 30, 2019
Numerator:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$35,959 $78,311 $112,262 $141,914 
Net Income Allocable to Participating Securities(59)(170)(177)(319)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$35,900 $78,141 $112,085 $141,595 
Denominator (In Thousands):
Weighted Average Shares - Basic127,903 126,480 127,306 126,295 
Effect of Dilutive Securities:
        Performance Units (See Note 9)198 303 189 283 
Weighted Average Shares - Diluted128,101 126,783 127,495 126,578 
Basic and Diluted EPS:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$0.28 $0.62 $0.88 $1.12 
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, 2020Three Months Ended September 30, 2019Nine Months Ended September 30, 2020Nine Months Ended September 30, 2019
Numerator:
Net Income Available to Unitholders and Participating Securities
$36,639 $79,969 $114,450 $144,972 
Net Income Allocable to Participating Securities(125)(249)(374)(453)
Net Income Available to Unitholders
$36,514 $79,720 $114,076 $144,519 
Denominator (In Thousands):
Weighted Average Units - Basic129,914 128,837 129,357 128,829 
Effect of Dilutive Securities:
Performance Units and certain Performance RLP Units (See Note 6)380 419 363 390 
Weighted Average Units - Diluted130,294 129,256 129,720 129,219 
Basic and Diluted EPU:
Net Income Available to Unitholders
$0.28 $0.62 $0.88 $1.12