XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Investment in Real Estate:    
Land $ 870,151 $ 794,821
Buildings and Improvements 2,554,194 2,523,015
Construction in Progress 68,302 67,078
Less: Accumulated Depreciation (794,672) (796,492)
Net Investment in Real Estate 2,697,975 2,588,422
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $20,110 and $1,471 18,646 2,354
Cash and Cash Equivalents 9,496 9,859
Restricted Cash 5,102 11,602
Tenant Accounts Receivable, Net 4,533 4,757
Deferred Rent Receivable, Net 69,623 67,382
Deferred Leasing Intangibles, Net 31,108 29,499
Prepaid Expenses and Other Assets, Net 91,343 79,388
Total Assets 2,927,826 2,793,263
Indebtedness:    
Mortgage Loans Payable, Net 452,551 495,956
Senior Unsecured Notes, Net 301,602 204,998
Unsecured Term Loans, Net 457,138 456,638
Unsecured Credit Facility 157,000 189,500
Accounts Payable, Accrued Expenses and Other Liabilities 82,184 84,412
Deferred Leasing Intangibles, Net 10,735 10,400
Rents Received in Advance and Security Deposits 45,495 43,300
Dividends and Distributions Payable 26,848 23,434
Total Liabilities 1,533,553 1,508,638
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, 225,000,000 and 150,000,000 shares authorized and 119,848,432 and 117,107,746 shares issued and outstanding) 1,199 1,172
Additional Paid-in-Capital 1,964,965 1,886,771
Distributions in Excess of Accumulated Earnings (614,493) (641,859)
Accumulated Other Comprehensive Loss (3,153) (4,643)
Total First Industrial Realty Trust, Inc.’s Stockholders’ Equity 1,348,518 1,241,441
Noncontrolling Interest 45,755 43,184
Total Equity 1,394,273 1,284,625
Total Liabilities and Equity/Partners' Capital 2,927,826 2,793,263
First Industrial, L.P.    
Investment in Real Estate:    
Land 870,151 794,821
Buildings and Improvements 2,554,194 2,523,015
Construction in Progress 68,302 67,078
Less: Accumulated Depreciation (794,672) (796,492)
Net Investment in Real Estate 2,697,975 2,588,422
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $20,110 and $1,471 18,646 2,354
Cash and Cash Equivalents 9,496 9,859
Restricted Cash 5,102 11,602
Tenant Accounts Receivable, Net 4,533 4,757
Deferred Rent Receivable, Net 69,623 67,382
Deferred Leasing Intangibles, Net 31,108 29,499
Prepaid Expenses and Other Assets, Net 101,526 89,826
Total Assets 2,938,009 2,803,701
Indebtedness:    
Mortgage Loans Payable, Net 452,551 495,956
Senior Unsecured Notes, Net 301,602 204,998
Unsecured Term Loans, Net 457,138 456,638
Unsecured Credit Facility 157,000 189,500
Accounts Payable, Accrued Expenses and Other Liabilities 82,184 84,412
Deferred Leasing Intangibles, Net 10,735 10,400
Rents Received in Advance and Security Deposits 45,495 43,300
Dividends and Distributions Payable 26,848 23,434
Total Liabilities 1,533,553 1,508,638
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (119,848,432 and 117,107,746 units outstanding) 1,326,815 1,219,755
Limited Partners Units (4,035,938 and 4,039,375 units outstanding) 80,104 79,156
Accumulated Other Comprehensive Loss (3,260) (4,804)
Total First Industrial L.P.'s Partners’ Capital 1,403,659 1,294,107
Noncontrolling Interest 797 956
Total Partners’ Capital 1,404,456 1,295,063
Total Liabilities and Equity/Partners' Capital $ 2,938,009 $ 2,803,701