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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Rental Income $ 64,129 $ 61,743 $ 127,133 $ 123,012
Tenant Recoveries and Other Income 19,691 18,662 39,180 38,641
Total Revenues 83,820 80,405 166,313 161,653
Expenses:        
Property Expenses 27,116 26,875 54,710 56,154
General and Administrative 5,954 4,768 11,571 10,037
Restructuring Costs   393   1,553
Impairment of Real Estate   (5,335) (165) (7,880)
Depreciation and Other Amortization 30,248 28,282 63,009 55,569
Total Expenses 63,318 54,983 129,125 115,433
Other Income (Expense):        
Interest Income 678 887 1,605 1,867
Interest Expense (21,172) (25,746) (43,865) (52,485)
Amortization of Deferred Financing Costs (850) (1,077) (1,725) (2,162)
Mark-to-Market Loss on Interest Rate Protection Agreements (429) (232) (305) (188)
Loss from Retirement of Debt (6,223) (3,233) (6,222) (4,259)
Total Other Income (Expense) (27,996) (29,401) (50,512) (57,227)
Loss from Continuing Operations Before Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax Provision (7,494) (3,979) (13,324) (11,007)
Equity in Income of Joint Ventures 37 99 128 135
Gain on Change in Control of Interests   689 776 689
Income Tax Provision (5,354) (162) (5,263) (86)
Loss from Continuing Operations (12,811) (3,353) (17,683) (10,269)
Discontinued Operations:        
Income Attributable to Discontinued Operations 1,059 1,254 787 490
Gain on Sale of Real Estate 1,386 3,537 7,585 7,341
Provision for Income Taxes Allocable to Discontinued Operations   (1,532)   (2,039)
Income from Discontinued Operations 2,445 3,259 8,372 5,792
Net Loss (10,366) (94) (9,311) (4,477)
Less: Net Loss Attributable to the Noncontrolling Interest 838 290 1,045 943
Net (Loss) Income Attributable to First Industrial Realty Trust, Inc (9,528) 196 (8,266) (3,534)
Less: Preferred Dividends (4,798) (4,947) (9,560) (9,874)
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities $ (14,326) $ (4,751) $ (17,826) $ (13,408)
Basic and Diluted Earnings Per Share:        
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.'s Common Stockholders $ (0.19) $ (0.10) $ (0.29) $ (0.25)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.'s Common Stockholders $ 0.03 $ 0.04 $ 0.09 $ 0.07
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities $ (0.16) $ (0.06) $ (0.20) $ (0.18)
Weighted Average Shares Outstanding 87,981 79,727 87,278 75,208