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Earnings Per Share / Unit (EPS / EPU)
9 Months Ended
Sep. 30, 2025
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, 2025Three Months Ended September 30, 2024Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Numerator:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$65,269 $99,287 $168,486 $218,971 
Denominator (In Thousands):
Weighted Average Shares - Basic132,450 132,370 132,432 132,366 
Effect of Dilutive Securities:
        Performance Units (See Note 9)54 51 60 43 
Weighted Average Shares - Diluted132,504 132,421 132,492 132,409 
Basic and Diluted EPS:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$0.49 $0.75 $1.27 $1.65 
The computation of basic and diluted EPU of the Operating Partnership is presented below:
Three Months Ended September 30, 2025Three Months Ended September 30, 2024Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Numerator:
Net Income Available to Unitholders
$67,188 $101,864 $173,422 $224,606 
Denominator (In Thousands):
Weighted Average Units - Basic135,479 135,099 135,461 135,088 
Effect of Dilutive Securities:
Performance Units and certain Performance RLP Units
(See Note 9)
441 375 512 303 
Weighted Average Units - Diluted135,920 135,474 135,973 135,391 
Basic EPU:
Net Income Available to Unitholders$0.50 $0.75 $1.28 $1.66 
Diluted EPU:
Net Income Available to Unitholders$0.49 $0.75 $1.28 $1.66 
At September 30, 2025 and 2024, participating securities for the Company included 69,105 and 93,952, respectively, of Service Awards (see Note 9), which participate in non-forfeitable distributions. At September 30, 2025 and 2024, participating securities for the Operating Partnership included 189,493 and 261,246, 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.