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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Investment in Real Estate:    
Land $ 586,358 $ 554,829
Buildings and Improvements 2,142,334 2,061,266
Construction in Progress 5,422 2,672
Less: Accumulated Depreciation (565,023) (509,634)
Net Investment in Real Estate 2,169,091 2,109,133
Real Estate Held for Sale, Net of Accumulated Depreciation and Amortization of $122,497 and $165,211 at June 30, 2011 and December 31, 2010, respectively 312,211 392,291
Cash and Cash Equivalents 34,548 25,963
Restricted Cash 16 117
Tenant Accounts Receivable, Net 4,202 3,064
Investments in Joint Ventures 2,101 2,451
Deferred Rent Receivable, Net 43,132 37,878
Deferred Financing Costs, Net 13,824 15,351
Deferred Leasing Intangibles, Net 41,822 39,718
Prepaid Expenses and Other Assets, Net 114,794 124,088
Total Assets 2,735,741 2,750,054
Indebtness:    
Mortgage and Other Loans Payable, Net 625,532 486,055
Senior Unsecured Notes, Net 823,659 879,529
Unsecured Credit Facility 100,000 376,184
Mortgage Loan Payable on Real Estate Held for Sale, Net, Inclusive of $__ and $6 of Accrued Interest at June 30, 2011 and December, 31, 2010, respectively 0 1,014
Accounts Payable, Accrued Expenses and Other Liabilities, Net 58,553 67,326
Deferred Leasing Intangibles, Net 17,299 18,519
Rents Received in Advance and Security Deposits 25,636 27,367
Leasing Intangibles Held for Sale, Net of Accumulated Amortization of $957 and $2,668 at June 30, 2011 and December 31, 2010, respectively 1,130 1,916
Total Liabilities 1,651,809 1,857,910
Commitments and Contingencies    
First Industrial Realty Trust, Inc.'s Stockholders' Equity:    
Preferred Stock ($0.01 par value, 10,000,000 shares authorized, 500, 250, 600, and 200 shares of Series F, G, J, and K Cumulative Preferred Stock, respectively, issued and outstanding at June 30, 2011 and December 31, 2010, having a liquidation preference of $100,000 per share ($50,000), $100,000 per share ($25,000), $250,000 per share ($150,000), and $250,000 per share ($50,000), respectively) 0 0
Common Stock ($0.01 par value, 150,000,000 shares authorized, 90,940,850 and 73,165,410 shares issued and 86,616,736 and 68,841,296 shares outstanding at June 30, 2011 and December 31, 2010, respectively) 909 732
Additional Paid-in-Capital 1,809,123 1,608,014
Distributions in Excess of Accumulated Earnings (620,252) (606,511)
Accumulated Other Comprehensive Loss (12,735) (15,339)
Treasury Shares at Cost (4,324,114 shares at June 30, 2011 and December 31, 2010) (140,018) (140,018)
Total First Industrial Realty Trust, Inc.'s Stockholders' Equity 1,037,027 846,878
Noncontrolling Interest 46,905 45,266
Total Equity 1,083,932 892,144
Total Liabilities and Equity $ 2,735,741 $ 2,750,054