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Earnings Per Share ("EPS")
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
9. Earnings Per Share ("EPS")
The computation of basic and diluted EPS is presented below:
 
Three Months
Ended
September 30,
2013
 
Three Months
Ended
September 30,
2012
 
Nine Months
Ended
September 30, 2013
 
Nine Months
Ended
September 30, 2012
Numerator:
 
 
 
 
 
 
 
Income (Loss) from Continuing Operations
$
3,013

 
$
33

 
$
2,071

 
$
(17,634
)
Gain on Sale of Real Estate
291

 
3,777

 
553

 
3,777

Noncontrolling Interest Allocable to Continuing Operations
1

 
(9
)
 
444

 
1,505

Income (Loss) from Continuing Operations Attributable to First Industrial Realty Trust, Inc.
3,305

 
3,801

 
3,068

 
(12,352
)
Preferred Stock Dividends
(1,392
)
 
(4,725
)
 
(7,506
)
 
(14,285
)
Redemption of Preferred Stock
(2,121
)
 
—

 
(5,667
)
 
—

Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(208
)
 
$
(924
)
 
$
(10,105
)
 
$
(26,637
)
Income from Discontinued Operations
$
5,459

 
$
5,386

 
$
16,378

 
$
13,742

Noncontrolling Interest Allocable to Discontinued Operations
(220
)
 
(268
)
 
(688
)
 
(737
)
Income from Discontinued Operations Allocable to Participating Securities
(42
)
 
(33
)
 
(120
)
 
—

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.
$
5,197

 
$
5,085

 
$
15,570

 
$
13,005

Net Income (Loss) Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
5,031

 
$
4,194

 
$
5,585

 
$
(13,632
)
Net Income Allocable to Participating Securities
(42
)
 
(33
)
 
(120
)
 
—

Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
4,989

 
$
4,161

 
$
5,465

 
$
(13,632
)
Denominator:
 
 
 
 
 
 
 
Weighted Average Shares—Basic and Diluted
109,474

 
93,488

 
106,154

 
89,363

Basic and Diluted EPS:
 
 
 
 
 
 
 
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.00

 
$
(0.01
)
 
$
(0.10
)
 
$
(0.30
)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.05

 
$
0.05

 
$
0.15

 
$
0.15

Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.05

 
$
0.04

 
$
0.05

 
$
(0.15
)

Participating securities include 489,381 and 745,712 of unvested restricted stock awards outstanding at September 30, 2013 and 2012, respectively, which participate in non-forfeitable dividends of the Company. Under the two class method, participating security holders are allocated income, in proportion to total weighted average shares outstanding, based upon the greater of net income (after reduction for preferred dividends and redemption of preferred stock) or common dividends declared. Since participating security holders are not obligated to share in losses and no common dividends were declared during the nine months ended September 30, 2012, there was no allocation of income to participating security holders for the nine months ended September 30, 2012.
The number of weighted average shares—diluted is the same as the number of weighted average shares—basic for the three and nine months ended September 30, 2013 and 2012, as the effect of LTIP Unit Awards (which do not participate in non-forfeitable dividends of the Company) was excluded as its inclusion would have been antidilutive to the loss from continuing operations available to First Industrial Realty Trust, Inc.’s common stockholders. The following awards could be dilutive in future periods:
 
Number of
Awards
Outstanding At
September 30,
2013
 
Number of
Awards
Outstanding At
September 30,
2012
Non-Participating Securities:
 
 
 
Restricted Stock Unit Awards
273,400

 
713,550

LTIP Unit Awards
718,960

 
—