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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY/ PARTNER'S CAPITAL - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
(Distributions in Excess of Accumulated Earnings) Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
First Industrial, L.P.
First Industrial, L.P.
General Partner Units
First Industrial, L.P.
Limited Partner Units
First Industrial, L.P.
Accumulated Other Comprehensive (Loss) Income
First Industrial, L.P.
Noncontrolling Interests
Beginning Balance at Dec. 31, 2020 $ 1,947,320 $ 1,290 $ 2,224,691 $ (306,294) $ (16,953) $ 44,586          
Beginning Balance at Dec. 31, 2020             $ 1,956,690 $ 1,898,635 $ 70,435 $ (17,308) $ 4,928
Increase (Decrease) in Stockholders' Equity / Partners' Capital                      
Net Income 277,171     270,997   6,174 277,171 270,855 6,183   133
Other Comprehensive Income (Loss) 12,977       12,687 290 12,977     12,977  
Issuance of Common Stock / Contribution of General Partner Units, Net of Issuance Costs 145,468 25 145,443       145,468 145,468      
Stock Based Compensation Activity 9,051 1 1,825 (2,294)   9,519          
Stock Based Compensation Activity             9,051 (468) 9,519    
Common Stock Dividends and Unit Distributions (143,643)     (140,702)   (2,941)          
Unit Distributions             (143,643) (140,702) (2,941)    
Conversion of Limited Partner Units to Common Stock / General Partner Units 0 1 1,760     (1,761) 0 1,761 (1,761)    
Reallocation—Additional Paid-in Capital 0   2,307     (2,307)          
Contributions from Noncontrolling Interests 28         28 64       64
Distributions to Noncontrolling Interests             (171)       (171)
Reallocation—Other Comprehensive Income 0       28 (28)          
Ending Balance at Dec. 31, 2021 2,248,372 1,317 2,376,026 (178,293) (4,238) 53,560          
Ending Balance at Dec. 31, 2021             2,257,607 2,175,549 81,435 (4,331) 4,954
Increase (Decrease) in Stockholders' Equity / Partners' Capital                      
Net Income 381,612     359,134   22,478 381,612 359,045 8,474   14,093
Other Comprehensive Income (Loss) 38,517       37,629 888 38,517     38,517  
Issuance of Common Stock / Contribution of General Partner Units, Net of Issuance Costs 12,746 2 12,744       12,746 12,746      
Stock Based Compensation Activity 13,343 1 3,526 (1,483)   11,299          
Stock Based Compensation Activity             13,343 2,044 11,299    
Common Stock Dividends and Unit Distributions (159,976)     (156,227)   (3,749)          
Unit Distributions             (159,976) (156,227) (3,749)    
Conversion of Limited Partner Units to Common Stock / General Partner Units 0 1 2,443     (2,444) 0 2,444 (2,444)    
Reallocation—Additional Paid-in Capital 0   6,595     (6,595)          
Contributions from Noncontrolling Interests 103         103 242       242
Distributions to Noncontrolling Interests (4,418)         (4,418) (4,511)       (4,511)
Reallocation—Other Comprehensive Income 0       21 (21)          
Ending Balance at Dec. 31, 2022 2,530,299 1,321 2,401,334 23,131 33,412 71,101          
Ending Balance at Dec. 31, 2022             2,539,580 2,395,601 95,015 34,186 14,778
Increase (Decrease) in Stockholders' Equity / Partners' Capital                      
Net Income 285,837     274,816   11,021 285,837 274,628 7,073   4,136
Other Comprehensive Income (Loss) (11,344)       (11,059) (285) (11,344)     (11,344)  
Stock Based Compensation Activity 15,109 2 3,827 (712)   11,992          
Stock Based Compensation Activity             15,109 3,117 11,992    
Common Stock Dividends and Unit Distributions (173,255)     (169,528)   (3,727)          
Unit Distributions             (173,255) (169,528) (3,727)    
Conversion of Limited Partner Units to Common Stock / General Partner Units 0 0 1,332     (1,332) 0 1,332 (1,332)    
Retirement of Limited Partner Units (18)         (18) (18)   (18)    
Reallocation—Additional Paid-in Capital 0   5,180     (5,180)          
Contributions from Noncontrolling Interests             30       30
Distributions to Noncontrolling Interests (11,523)         (11,523) (11,551)       (11,551)
Reallocation—Other Comprehensive Income 0       (81) 81          
Ending Balance at Dec. 31, 2023 $ 2,635,105 $ 1,323 $ 2,411,673 $ 127,707 $ 22,272 $ 72,130          
Ending Balance at Dec. 31, 2023             $ 2,644,388 $ 2,505,150 $ 109,003 $ 22,842 $ 7,393