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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Information (Unaudited) [Abstract]  
Net loss available to common stockholders and basic and diluted EPS
                                 
    Year Ended December 31, 2011  
    First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 

Total Revenues

  $ 80,186     $ 79,386     $ 78,586     $ 79,677  

Equity in Income of Joint Ventures

    36       99       772       73  

Noncontrolling Interest Allocable to Continuing Operations

    877       526       952       798  

Loss from Continuing Operations, Net of Income Tax and Noncontrolling Interest

    (6,611     (3,260     (10,450     (8,727

Income from Discontinued Operations, Net of Income Tax

    3,105       3,692       5,947       9,349  

Noncontrolling Interest Allocable to Discontinued Operations

    (224     (236     (349     (543

Gain on Sale of Real Estate, Net of Income Tax

    —         —         918       —    

Noncontrolling Interest Allocable to Gain on Sale of Real Estate

    —         —         (56     —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Net (Loss) Income Attributable to First Industrial Realty Trust, Inc.

    (3,730     196       (3,990     79  

Preferred Stock Dividends

    (4,927     (4,947     (4,928     (4,763
   

 

 

   

 

 

   

 

 

   

 

 

 

Net Loss Available to Common Stockholders

  $ (8,657   $ (4,751   $ (8,918   $ (4,684
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic and Diluted Earnings Per Share:

                               

Loss From Continuing Operations Available

  $ (0.16   $ (0.10   $ (0.17   $ (0.16
   

 

 

   

 

 

   

 

 

   

 

 

 

Income from Discontinued Operations

  $ 0.04     $ 0.04     $ 0.07     $ 0.10  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net Loss Available to Common Stockholders

  $ (0.12   $ (0.06   $ (0.10   $ (0.05
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted Average Shares Outstanding

    70,639       79,727       85,930       85,941  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

 

                                 
    Year Ended December 31, 2010  
    First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 

Total Revenues

  $ 82,709     $ 80,756     $ 78,186     $ 80,127  

Equity in (Loss) Income of Joint Ventures

    (459     582       (398     950  

Noncontrolling Interest Allocable to Continuing Operations

    2,309       1,870       7,419       2,065  

Loss from Continuing Operations, Net of Income Tax and Noncontrolling Interest

    (21,776     (17,308     (81,979     (20,973

Income (Loss) from Discontinued Operations, Net of Income Tax

    4,544       4,069       (72,873     (2,177

Noncontrolling Interest Allocable to Discontinued Operations

    (356     (309     5,664       176  

Gain (Loss) on Sale of Real Estate, Net of Income Tax

    731       —         (214     —    

Noncontrolling Interest Allocable to Gain (Loss) on Sale of Real Estate

    (57     —         17       —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Net Loss Attributable to First Industrial Realty Trust, Inc.

    (16,914     (13,548     (149,385     (22,974

Preferred Stock Dividends

    (4,960     (4,979     (4,884     (4,854
   

 

 

   

 

 

   

 

 

   

 

 

 

Net Loss Available to Common Stockholders

  $ (21,874   $ (18,527   $ (154,269   $ (27,828
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic and Diluted Earnings Per Share:

                               

Loss From Continuing Operations Available

  $ (0.42   $ (0.35   $ (1.38   $ (0.40
   

 

 

   

 

 

   

 

 

   

 

 

 

Income (Loss) from Discontinued Operations

  $ 0.07     $ 0.06     $ (1.07   $ (0.03
   

 

 

   

 

 

   

 

 

   

 

 

 

Net Loss Available to Common Stockholders

  $ (0.35   $ (0.29   $ (2.44   $ (0.43
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted Average Shares Outstanding

    61,797       62,838       63,100       64,049