XML 81 R62.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share / Unit (EPS / EPU) - Computation of Basic and Diluted EPS / EPU (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Numerator:                      
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 50,827 $ 30,911 $ 45,209 $ 36,292 $ 97,987 $ 43,198 $ 37,562 $ 22,709 $ 163,239 $ 201,456 $ 121,232
Net Income Allocable to Participating Securities (164) (101) (151) (97) (331) (145) (129) (67) (513) (646) (411)
Net Income Available to Common Stockholders / Unitholders $ 50,663 $ 30,810 $ 45,058 $ 36,195 $ 97,656 $ 43,053 $ 37,433 $ 22,642 $ 162,726 $ 200,810 $ 120,821
Denominator:                      
Weighted Average Shares/Units - Basic 125,897 125,768 123,616 119,846 119,462 119,446 117,299 116,837 123,804 118,272 115,030
LTIP Unit Awards (As Defined in Note 11)                 387 515 340
Weighted Average Shares / Units - Diluted 126,249 126,130 124,085 120,211 120,076 119,990 117,779 117,261 124,191 118,787 115,370
Basic Earnings Per Share / Unit:                      
Net Income Available to Common Stockholders/Unitholders $ 0.40 $ 0.24 $ 0.36 $ 0.30 $ 0.82 $ 0.36 $ 0.32 $ 0.19 $ 1.31 $ 1.70 $ 1.05
Diluted Earnings Per Share / Unit:                      
Net Income Available to Common Stockholders/Unitholders $ 0.40 $ 0.24 $ 0.36 $ 0.30 $ 0.81 $ 0.36 $ 0.32 $ 0.19 $ 1.31 $ 1.69 $ 1.05
First Industrial, L.P.                      
Numerator:                      
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 51,913 $ 31,508 $ 46,382 $ 37,443 $ 101,254 $ 44,613 $ 38,827 $ 23,464 $ 167,246 $ 208,158 $ 125,547
Net Income Allocable to Participating Securities (164) (101) (151) (97) (331) (145) (129) (66) (513) (646) (410)
Net Income Available to Common Stockholders / Unitholders $ 51,749 $ 31,407 $ 46,231 $ 37,346 $ 100,923 $ 44,468 $ 38,698 $ 23,398 $ 166,733 $ 207,512 $ 125,137
Denominator:                      
Weighted Average Shares/Units - Basic 128,526 128,526 126,832 123,729 123,483 123,483 121,339 120,877 126,921 122,306 119,274
LTIP Unit Awards (As Defined in Note 11)                 387 515 340
Weighted Average Shares / Units - Diluted 128,878 128,888 127,301 124,094 124,097 124,027 121,819 121,301 127,308 122,821 119,614
Basic Earnings Per Share / Unit:                      
Net Income Available to Common Stockholders/Unitholders $ 0.40 $ 0.24 $ 0.36 $ 0.30 $ 0.82 $ 0.36 $ 0.32 $ 0.19 $ 1.31 $ 1.70 $ 1.05
Diluted Earnings Per Share / Unit:                      
Net Income Available to Common Stockholders/Unitholders $ 0.40 $ 0.24 $ 0.36 $ 0.30 $ 0.81 $ 0.36 $ 0.32 $ 0.19 $ 1.31 $ 1.69 $ 1.05