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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Investment in Real Estate:    
Land $ 1,387,198 $ 1,087,907
Buildings and Improvements 3,020,221 2,922,152
Construction in Progress 239,025 77,574
Less: Accumulated Depreciation (868,296) (832,393)
Net Investment in Real Estate 3,778,148 3,255,240
Real Estate Held-for-Sale 0 15,663
Operating Lease Right-of-Use Assets 24,927 25,205
Cash and Cash Equivalents 58,591 162,090
Restricted Cash 189 37,568
Tenant Accounts Receivable 5,104 5,714
Investment in Joint Ventures 36,049 45,697
Deferred Rent Receivable 98,727 84,567
Deferred Leasing Intangibles, Net 21,316 25,211
Prepaid Expenses and Other Assets, Net 156,047 134,983
Total Assets 4,179,098 3,791,938
Indebtedness:    
Mortgage Loans Payable, Net 79,674 143,879
Senior Unsecured Notes, Net 993,021 992,300
Unsecured Term Loans, Net 458,325 458,462
Unsecured Credit Facility 79,000 0
Accounts Payable, Accrued Expenses and Other Liabilities 153,096 120,292
Operating Lease Liabilities 22,592 22,826
Deferred Leasing Intangibles, Net 9,252 11,064
Rents Received in Advance and Security Deposits 98,588 62,092
Dividends and Distributions Payable 37,178 33,703
Total Liabilities 1,930,726 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 131,747,725 and 129,051,412 shares issued and outstanding) 1,317 1,290
Additional Paid-in Capital 2,376,026 2,224,691
Distributions in Excess of Accumulated Earnings (178,293) (306,294)
Accumulated Other Comprehensive Loss (4,238) (16,953)
Total First Industrial Realty Trust, Inc.'s Equity 2,194,812 1,902,734
Noncontrolling Interests 53,560 44,586
Total Equity 2,248,372 1,947,320
Total Liabilities and Equity/Partners' Capital 4,179,098 3,791,938
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,387,198 1,087,907
Buildings and Improvements 3,020,221 2,922,152
Construction in Progress 239,025 77,574
Less: Accumulated Depreciation (868,296) (832,393)
Net Investment in Real Estate 3,778,148 3,255,240
Real Estate Held-for-Sale 0 15,663
Operating Lease Right-of-Use Assets 24,927 25,205
Cash and Cash Equivalents 58,591 162,090
Restricted Cash 189 37,568
Tenant Accounts Receivable 5,104 5,714
Investment in Joint Ventures 36,049 45,697
Deferred Rent Receivable 98,727 84,567
Deferred Leasing Intangibles, Net 21,316 25,211
Prepaid Expenses and Other Assets, Net 165,282 144,353
Total Assets 4,188,333 3,801,308
Indebtedness:    
Mortgage Loans Payable, Net 79,674 143,879
Senior Unsecured Notes, Net 993,021 992,300
Unsecured Term Loans, Net 458,325 458,462
Unsecured Credit Facility 79,000 0
Accounts Payable, Accrued Expenses and Other Liabilities 153,096 120,292
Operating Lease Liabilities 22,592 22,826
Deferred Leasing Intangibles, Net 9,252 11,064
Rents Received in Advance and Security Deposits 98,588 62,092
Dividends and Distributions Payable 37,178 33,703
Total Liabilities 1,930,726 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 (131,747,725 and 129,051,412 units outstanding) 2,175,549 1,898,635
Limited Partners Units (2,935,203 and 2,713,142 units outstanding) 81,435 70,435
Accumulated Other Comprehensive Loss (4,331) (17,308)
Total First Industrial L.P.'s Partners' Capital 2,252,653 1,951,762
Noncontrolling Interests 4,954 4,928
Total Partners' Capital 2,257,607 1,956,690
Total Liabilities and Equity/Partners' Capital $ 4,188,333 $ 3,801,308