XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Investment in Real Estate:    
Land $ 796,600 $ 745,912
Buildings and Improvements 2,499,284 2,511,737
Construction in Progress 68,155 36,319
Less: Accumulated Depreciation (795,323) (791,330)
Net Investment in Real Estate 2,568,716 2,502,638
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $0 and $1,171 0 2,510
Cash and Cash Equivalents 8,074 3,987
Restricted Cash 13,350 23,005
Tenant Accounts Receivable, Net 3,989 5,612
Deferred Rent Receivable, Net 66,252 62,335
Deferred Leasing Intangibles, Net 30,250 33,326
Prepaid Expenses and Other Assets, Net 76,932 76,395
Total Assets 2,767,563 2,709,808
Indebtedness:    
Mortgage Loans Payable, Net 500,176 561,241
Senior Unsecured Notes, Net 204,945 364,457
Unsecured Term Loans, Net 456,471 455,970
Unsecured Credit Facility 163,500 52,500
Accounts Payable, Accrued Expenses and Other Liabilities 102,731 93,699
Deferred Leasing Intangibles, Net 10,748 11,841
Rents Received in Advance and Security Deposits 42,794 40,153
Dividends and Distributions Payable 23,357 14,812
Total Liabilities 1,504,722 1,594,673
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
Common Stock ($0.01 par value, 150,000,000 shares authorized and 116,918,088 and 111,027,225 shares issued and outstanding) 1,170 1,111
Additional Paid-in-Capital 1,883,315 1,756,415
Distributions in Excess of Accumulated Earnings (643,327) (674,759)
Accumulated Other Comprehensive Loss (22,772) (9,667)
Total First Industrial Realty Trust, Inc.’s Stockholders’ Equity 1,218,386 1,073,100
Noncontrolling Interest 44,455 42,035
Total Equity 1,262,841 1,115,135
Total Liabilities and Equity/Partners' Capital 2,767,563 2,709,808
First Industrial, L.P.    
Investment in Real Estate:    
Land 796,600 745,912
Buildings and Improvements 2,499,284 2,511,737
Construction in Progress 68,155 36,319
Less: Accumulated Depreciation (795,323) (791,330)
Net Investment in Real Estate 2,568,716 2,502,638
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $0 and $1,171 0 2,510
Cash and Cash Equivalents 8,074 3,987
Restricted Cash 13,350 23,005
Tenant Accounts Receivable, Net 3,989 5,612
Deferred Rent Receivable, Net 66,252 62,335
Deferred Leasing Intangibles, Net 30,250 33,326
Prepaid Expenses and Other Assets, Net 87,497 87,110
Total Assets 2,778,128 2,720,523
Indebtedness:    
Mortgage Loans Payable, Net 500,176 561,241
Senior Unsecured Notes, Net 204,945 364,457
Unsecured Term Loans, Net 456,471 455,970
Unsecured Credit Facility 163,500 52,500
Accounts Payable, Accrued Expenses and Other Liabilities 102,731 93,699
Deferred Leasing Intangibles, Net 10,748 11,841
Rents Received in Advance and Security Deposits 42,794 40,153
Dividends and Distributions Payable 23,357 14,812
Total Liabilities 1,504,722 1,594,673
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (116,918,088 and 111,027,225 units outstanding) 1,214,796 1,054,028
Limited Partners Units (4,229,033 and 4,305,707 units outstanding) 81,149 80,769
Accumulated Other Comprehensive Loss (23,597) (10,043)
Total First Industrial L.P.'s Partners’ Capital 1,272,348 1,124,754
Noncontrolling Interest 1,058 1,096
Total Partners’ Capital 1,273,406 1,125,850
Total Liabilities and Equity/Partners' Capital $ 2,778,128 $ 2,720,523