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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Investment in Real Estate:    
Land $ 1,201,016 $ 1,087,907
Buildings and Improvements 2,972,759 2,922,152
Construction in Progress 135,147 77,574
Less: Accumulated Depreciation (861,534) (832,393)
Net Investment in Real Estate 3,447,388 3,255,240
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $3,010 and $7,054 3,759 15,663
Operating Lease Right-of-Use Assets 24,851 25,205
Cash and Cash Equivalents 55,574 162,090
Restricted Cash 27,040 37,568
Tenant Accounts Receivable 4,297 5,714
Investment in Joint Ventures 35,877 45,697
Deferred Rent Receivable 93,663 84,567
Deferred Leasing Intangibles, Net 23,467 25,211
Prepaid Expenses and Other Assets, Net 147,912 134,983
Total Assets 3,863,828 3,791,938
Indebtedness:    
Mortgage Loans Payable, Net 83,742 143,879
Senior Unsecured Notes, Net 992,661 992,300
Unsecured Term Loans, Net 459,169 458,462
Unsecured Credit Facility 60,000 0
Accounts Payable, Accrued Expenses and Other Liabilities 119,943 120,292
Operating Lease Liabilities 22,509 22,826
Deferred Leasing Intangibles, Net 10,123 11,064
Rents Received in Advance and Security Deposits 77,297 62,092
Dividends and Distributions Payable 36,336 33,703
Total Liabilities 1,861,780 1,844,618
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 shares authorized and 129,131,444 and 129,051,412 shares issued and outstanding) 1,291 1,290
Additional Paid-in Capital 2,224,561 2,224,691
Distributions in Excess of Accumulated Earnings (264,317) (306,294)
Accumulated Other Comprehensive Loss (10,026) (16,953)
Total First Industrial Realty Trust, Inc.'s Equity 1,951,509 1,902,734
Noncontrolling Interests 50,539 44,586
Total Equity 2,002,048 1,947,320
Total Liabilities and Equity/Partners' Capital 3,863,828 3,791,938
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,201,016 1,087,907
Buildings and Improvements 2,972,759 2,922,152
Construction in Progress 135,147 77,574
Less: Accumulated Depreciation (861,534) (832,393)
Net Investment in Real Estate 3,447,388 3,255,240
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $3,010 and $7,054 3,759 15,663
Operating Lease Right-of-Use Assets 24,851 25,205
Cash and Cash Equivalents 55,574 162,090
Restricted Cash 27,040 37,568
Tenant Accounts Receivable 4,297 5,714
Investment in Joint Ventures 35,877 45,697
Deferred Rent Receivable 93,663 84,567
Deferred Leasing Intangibles, Net 23,467 25,211
Prepaid Expenses and Other Assets, Net 157,264 144,353
Total Assets 3,873,180 3,801,308
Indebtedness:    
Mortgage Loans Payable, Net 83,742 143,879
Senior Unsecured Notes, Net 992,661 992,300
Unsecured Term Loans, Net 459,169 458,462
Unsecured Credit Facility 60,000 0
Accounts Payable, Accrued Expenses and Other Liabilities 119,943 120,292
Operating Lease Liabilities 22,509 22,826
Deferred Leasing Intangibles, Net 10,123 11,064
Rents Received in Advance and Security Deposits 77,297 62,092
Dividends and Distributions Payable 36,336 33,703
Total Liabilities 1,861,780 1,844,618
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (129,131,444 and 129,051,412 units outstanding) 1,940,266 1,898,635
Limited Partners Units (3,037,726 and 2,713,142 units outstanding) 76,446 70,435
Accumulated Other Comprehensive Loss (10,261) (17,308)
Total First Industrial L.P.'s Partners' Capital 2,006,451 1,951,762
Noncontrolling Interests 4,949 4,928
Total Partners' Capital 2,011,400 1,956,690
Total Liabilities and Equity/Partners' Capital $ 3,873,180 $ 3,801,308