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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited)
The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
89,942

 
$
90,456

 
$
92,157

 
$
93,207

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
2,373

 
$
14,012

 
$
13,917

 
$
43,500

Net Income Allocable to Participating Securities
(41
)
 
(50
)
 
(50
)
 
(153
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,332

 
$
13,962

 
$
13,867

 
$
43,347

Basic EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.13

 
$
0.13

 
$
0.39

Diluted EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.13

 
$
0.13

 
$
0.39

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
110,310

 
110,348

 
110,356

 
110,392

Weighted Average Shares - Diluted
110,675

 
110,683

 
110,848

 
110,916

 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
83,861

 
$
84,044

 
$
86,361

 
$
90,333

Income from Continuing Operations, Net of Noncontrolling Interest
$
3,868

 
$
3,028

 
$
7,938

 
$
7,535

Income from Discontinued Operations, Net of Noncontrolling Interest
1,095

 
1,011

 
13,389

 
11,246

Net Income Attributable to First Industrial Realty Trust, Inc.
4,963

 
4,039

 
21,327

 
18,781

Preferred Dividends
(1,019
)
 

 

 

Redemption of Preferred Stock
(1,462
)
 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
2,482

 
4,039

 
21,327

 
18,781

Income from Continuing Operations Allocable to Participating Securities
(18
)
 
(32
)
 
(33
)
 
(32
)
Income from Discontinued Operations Allocable to Participating Securities
(14
)
 
(11
)
 
(57
)
 
(47
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,450

 
$
3,996

 
$
21,237

 
$
18,702

Basic EPS:
 
 
 
 
 
 
 
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.03

 
$
0.07

 
$
0.07

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.01

 
$
0.12

 
$
0.10

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Diluted EPS:
 
 
 
 
 
 
 
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.03

 
$
0.07

 
$
0.07

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.01

 
$
0.12

 
$
0.10

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
109,676

 
109,815

 
110,072

 
110,118

Weighted Average Shares - Diluted
110,215

 
110,404

 
110,271

 
110,405


The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
89,942

 
$
90,456

 
$
92,157

 
$
93,207

Net Income Available to Unitholders and Participating Securities
$
2,457

 
$
14,644

 
$
14,438

 
$
45,143

Net Income Allocable to Participating Securities
(41
)
 
(50
)
 
(50
)
 
(153
)
Net Income Available to Unitholders
$
2,416

 
$
14,594

 
$
14,388

 
$
44,990

Basic EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.02

 
$
0.13

 
$
0.13

 
$
0.39

Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.02

 
$
0.13

 
$
0.12

 
$
0.39

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
114,681

 
114,712

 
114,720

 
114,722

Weighted Average Units - Diluted
115,046

 
115,047

 
115,212

 
115,246


 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
83,861

 
$
84,044

 
$
86,361

 
$
90,333

Income from Continuing Operations, Net of Noncontrolling Interest
$
3,938

 
$
3,176

 
$
8,294

 
$
7,964

Income from Discontinued Operations, Net of Noncontrolling Interest
1,140

 
1,051

 
13,924

 
11,698

Net Income Attributable to Unitholders
5,078

 
4,227

 
22,218

 
19,662

Preferred Unit Distributions
(1,019
)
 

 

 

Redemption of Preferred Units
(1,462
)
 

 

 

Net Income Available to Unitholders and Participating Securities
2,597

 
4,227

 
22,218

 
19,662

Income from Continuing Operations Allocable to Participating Securities
(17
)
 
(32
)
 
(33
)
 
(32
)
Income from Discontinued Operations Allocable to Participating Securities
(14
)
 
(11
)
 
(57
)
 
(47
)
Net Income Available to Unitholders
$
2,566

 
$
4,184

 
$
22,128

 
$
19,583

Basic EPU:
 
 
 
 
 
 
 
Income from Continuing Operations Available to Unitholders
$
0.01

 
$
0.03

 
$
0.07

 
$
0.07

Income from Discontinued Operations Attributable to Unitholders
$
0.01

 
$
0.01

 
$
0.12

 
$
0.10

Net Income Available to Unitholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Diluted EPU:
 
 
 
 
 
 
 
Income from Continuing Operations Available to Unitholders
$
0.01

 
$
0.03

 
$
0.07

 
$
0.07

Income from Discontinued Operations Attributable to Unitholders
$
0.01

 
$
0.01

 
$
0.12

 
$
0.10

Net Income Available to Unitholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
114,245

 
114,278

 
114,512

 
114,512

Weighted Average Units - Diluted
114,784

 
114,867

 
114,711

 
114,799