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Earnings Per Share / Unit (EPS / EPU)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share / Unit (EPS / EPU) Earnings Per Share and Earnings Per Unit ("EPS"/"EPU")
The computation of basic and diluted EPS of the Company is presented below: 
Three Months Ended September 30, 2024Three Months Ended September 30, 2023Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Numerator:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$99,287 $74,938 $218,971 $185,441 
Denominator (In Thousands):
Weighted Average Shares - Basic132,370 132,264 132,366 132,241 
Effect of Dilutive Securities:
        Performance Units (See Note 9)51 75 43 84 
Weighted Average Shares - Diluted132,421 132,339 132,409 132,325 
Basic and Diluted EPS:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$0.75 $0.57 $1.65 $1.40 
The computation of basic and diluted EPU of the Operating Partnership is presented below:
Three Months Ended September 30, 2024Three Months Ended September 30, 2023Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Numerator:
Net Income Available to Unitholders
$101,864 $76,718 $224,606 $189,856 
Denominator (In Thousands):
Weighted Average Units - Basic135,099 134,704 135,088 134,697 
Effect of Dilutive Securities:
Performance Units and certain Performance RLP Units
(See Note 9)
375 462 303 517 
Weighted Average Units - Diluted135,474 135,166 135,391 135,214 
Basic EPU:
Net Income Available to Unitholders$0.75 $0.57 $1.66 $1.41 
Diluted EPU:
Net Income Available to Unitholders
$0.75 $0.57 $1.66 $1.40 
At September 30, 2024 and 2023, participating securities for the Company included 93,952 and 129,019, respectively, of Service Awards (see Note 9), which participate in non-forfeitable distributions. At September 30, 2024 and 2023, participating securities for the Operating Partnership included 261,246 and 351,796, respectively, of Service Awards and certain Performance Awards (see Note 9), which participate in non-forfeitable distributions. Under the two-class method, participating security holders are allocated income, in proportion to total weighted average shares or Units outstanding, based upon the greater of net income or common stock dividends or Unit distributions declared.