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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
18. Quarterly Financial Information (unaudited)
The following tables summarize our quarterly financial information. The first, second and third fiscal quarters of 2013 and all fiscal quarters in 2012 have been revised in accordance with guidance on accounting for discontinued operations. Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities and basic and diluted EPS from Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders have not been affected.
 
 
Year Ended December 31, 2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
80,698

 
$
82,098

 
$
81,294

 
$
84,136

Equity in Income of Joint Ventures
20

 
27

 
72

 
17

Noncontrolling Interest Allocable to Continuing Operations
128

 
293

 
39

 
(67
)
Income (Loss) from Continuing Operations, Net of Noncontrolling Interest
1,027

 
(984
)
 
2,592

 
2,699

(Loss) Income from Discontinued Operations
(2,284
)
 
12,639

 
5,919

 
19,323

Noncontrolling Interest Allocable to Discontinued Operations
104

 
(538
)
 
(246
)
 
(797
)
Gain on Sale of Real Estate, Net of Income Tax
262

 

 
291

 
337

Noncontrolling Interest Allocable to Gain on Sale of Real Estate
(12
)
 

 
(12
)
 
(13
)
Net (Loss) Income Attributable to First Industrial Realty Trust, Inc.
(903
)
 
11,117

 
8,544

 
21,549

Preferred Dividends
(3,837
)
 
(2,277
)
 
(1,392
)
 
(1,227
)
Redemption of Preferred Stock

 
(3,546
)
 
(2,121
)
 

Net (Loss) Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
(4,740
)
 
5,294

 
5,031

 
20,322

Income from Continuing Operations Allocable to Participating Securities
(36
)
 

 

 
(8
)
Income from Discontinued Operations Allocable to Participating Securities

 
(42
)
 
(42
)
 
(82
)
Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(4,776
)
 
$
5,252

 
$
4,989

 
$
20,232

Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.03
)
 
$
(0.06
)
 
$
0.00

 
$
0.01

(Loss) Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.02
)
 
$
0.11

 
$
0.05

 
$
0.17

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

 
$
0.05

 
$
0.18

 
 
 
 
 
 
 
 
Weighted Average Shares – Basic
100,774

 
108,117

 
109,474

 
109,490

LTIP Unit Awards

 

 

 
485

Weighted Average Units —Diluted
100,774

 
108,117

 
109,474

 
109,975

 
Year Ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
77,523

 
$
78,946

 
$
76,636

 
$
81,220

Equity in Income of Joint Ventures
91

 
37

 
28

 
1,403

Noncontrolling Interest Allocable to Continuing Operations
538

 
1,005

 
204

 
487

Loss from Continuing Operations, Net of Noncontrolling Interest
(4,396
)
 
(12,502
)
 
(246
)
 
(3,081
)
Income from Discontinued Operations
5,989

 
3,141

 
5,869

 
1,164

Noncontrolling Interest Allocable to Discontinued Operations
(331
)
 
(167
)
 
(285
)
 
(54
)
Gain on Sale of Real Estate

 

 
3,777

 

Noncontrolling Interest Allocable to Gain on Sale of Real Estate

 

 
(196
)
 

Net Income (Loss) Attributable to First Industrial Realty Trust, Inc.
1,262

 
(9,528
)
 
8,919

 
(1,971
)
Preferred Dividends
(4,762
)
 
(4,798
)
 
(4,725
)
 
(4,662
)
Redemption of Preferred Stock

 

 

 
(1,804
)
Net (Loss) Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
(3,500
)
 
(14,326
)
 
4,194

 
(8,437
)
Income from Discontinued Operations Allocable to Participating Securities

 

 
(33
)
 

Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(3,500
)
 
$
(14,326
)
 
$
4,161

 
$
(8,437
)
Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.11
)
 
$
(0.19
)
 
$
(0.02
)
 
$
(0.10
)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.07

 
$
0.03

 
$
0.06

 
$
0.01

Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.04
)
 
$
(0.16
)
 
$
0.04

 
$
(0.09
)
 
 
 
 
 
 
 
 
Weighted Average Shares – Basic and Diluted
86,575

 
87,981

 
93,488

 
97,738