XML 42 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2018
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, 2018 and 2017.
 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
99,771

 
$
98,845

 
$
100,256

 
$
105,082

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
36,292

 
$
45,209

 
$
30,911

 
$
50,827

Net Income Allocable to Participating Securities
(97
)
 
(151
)
 
(101
)
 
(164
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
36,195

 
$
45,058

 
$
30,810

 
$
50,663

Basic EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Diluted EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
119,846

 
123,616

 
125,768

 
125,897

Weighted Average Shares - Diluted
120,211

 
124,085

 
126,130

 
126,249

 
Year Ended December 31, 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
97,383

 
$
97,579

 
$
99,310

 
$
102,130

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
22,709

 
$
37,562

 
$
43,198

 
$
97,987

Net Income Allocable to Participating Securities
(67
)
 
(129
)
 
(145
)
 
(331
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
22,642

 
$
37,433

 
$
43,053

 
$
97,656

Basic EPS:

 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.19

 
$
0.32

 
$
0.36

 
$
0.82

Diluted EPS:

 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.19

 
$
0.32

 
$
0.36

 
$
0.81

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
116,837

 
117,299

 
119,446

 
119,462

Weighted Average Shares - Diluted
117,261

 
117,779

 
119,990

 
120,076


The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2018 and 2017.
 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
99,771

 
$
98,845

 
$
100,256

 
$
105,082

Net Income Available to Unitholders and Participating Securities
$
37,443

 
$
46,382

 
$
31,508

 
$
51,913

Net Income Allocable to Participating Securities
(97
)
 
(151
)
 
(101
)
 
(164
)
Net Income Available to Unitholders
$
37,346

 
$
46,231

 
$
31,407

 
$
51,749

Basic EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
123,729

 
126,832

 
128,526

 
128,526

Weighted Average Units - Diluted
124,094

 
127,301

 
128,888

 
128,878


 
Year Ended December 31, 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
97,383

 
$
97,579

 
$
99,310

 
$
102,130

Net Income Available to Unitholders and Participating Securities
$
23,464

 
$
38,827

 
$
44,613

 
$
101,254

Net Income Allocable to Participating Securities
(66
)
 
(129
)
 
(145
)
 
(331
)
Net Income Available to Unitholders
$
23,398

 
$
38,698

 
$
44,468

 
$
100,923

Basic EPU:

 

 

 

Net Income Available to Unitholders
$
0.19

 
$
0.32

 
$
0.36

 
$
0.82

Diluted EPU:

 

 

 

Net Income Available to Unitholders
$
0.19

 
$
0.32

 
$
0.36

 
$
0.81

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
120,877

 
121,339

 
123,483

 
123,483

Weighted Average Units - Diluted
121,301

 
121,819

 
124,027

 
124,097