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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues [Abstract]      
Lease Revenue $ 437,543 $ 422,236 $ 398,822
Other Revenue 10,485 3,748 5,132
Total Revenues 448,028 425,984 403,954
Expenses:      
Property Expenses 119,195 116,585 116,854
General and Administrative 32,848 28,569 27,749
Depreciation and Other Amortization 129,638 121,229 116,459
Impairment of Real Estate 0 0 2,756
Total Expenses 281,681 266,383 263,818
Other Income (Expense):      
Gain on Sale of Real Estate 86,751 124,942 81,600
Interest Expense (51,293) (50,273) (50,775)
Amortization of Debt Issuance Costs (3,428) (3,218) (3,404)
Loss from Retirement of Debt 0 0 (39)
Total Other Income (Expense) 32,030 71,451 27,382
Income from Operations Before Equity in Income (Loss) of Joint Ventures and Income Tax (Provision) Benefit 198,377 231,052 167,518
Equity in Income (Loss) of Joint Ventures 4,200 16,235 (276)
Income Tax (Provision) Benefit (2,408) (3,406) 92
Net Income 200,169 243,881 167,334
Less: Net Income Attributable to the Noncontrolling Interests (4,180) (5,106) (4,095)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 195,989 $ 238,775 $ 163,239
Basic Earnings Per Share / Unit:      
Net Income Available to Common Stockholders/Unitholders $ 1.53 $ 1.89 $ 1.31
Diluted Earnings Per Share / Unit:      
Net Income Available to Common Stockholders/Unitholders $ 1.53 $ 1.88 $ 1.31
Weighted Average Shares/Units Outstanding - Basic 127,711 126,392 123,804
Weighted Average Shares / Units Outstanding - Diluted 127,904 126,691 124,191
First Industrial, L.P.      
Revenues [Abstract]      
Lease Revenue $ 437,543 $ 422,236 $ 398,822
Other Revenue 10,485 3,748 5,132
Total Revenues 448,028 425,984 403,954
Expenses:      
Property Expenses 119,195 116,585 116,854
General and Administrative 32,848 28,569 27,749
Depreciation and Other Amortization 129,638 121,229 116,459
Impairment of Real Estate 0 0 2,756
Total Expenses 281,681 266,383 263,818
Other Income (Expense):      
Gain on Sale of Real Estate 86,751 124,942 81,600
Interest Expense (51,293) (50,273) (50,775)
Amortization of Debt Issuance Costs (3,428) (3,218) (3,404)
Loss from Retirement of Debt 0 0 (39)
Total Other Income (Expense) 32,030 71,451 27,382
Income from Operations Before Equity in Income (Loss) of Joint Ventures and Income Tax (Provision) Benefit 198,377 231,052 167,518
Equity in Income (Loss) of Joint Ventures 4,200 16,235 (276)
Income Tax (Provision) Benefit (2,408) (3,406) 92
Net Income 200,169 243,881 167,334
Less: Net Income Attributable to the Noncontrolling Interests (235) (253) (88)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 199,934 $ 243,628 $ 167,246
Basic Earnings Per Share / Unit:      
Net Income Available to Common Stockholders/Unitholders $ 1.54 $ 1.89 $ 1.31
Diluted Earnings Per Share / Unit:      
Net Income Available to Common Stockholders/Unitholders $ 1.53 $ 1.88 $ 1.31
Weighted Average Shares/Units Outstanding - Basic 129,752 128,831 126,921
Weighted Average Shares / Units Outstanding - Diluted 130,127 129,241 127,308