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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental Income $ 252,822 $ 244,798 $ 234,007
Tenant Recoveries and Other Income 75,404 69,527 68,661
Total Revenues 328,226 314,325 302,668
Expenses:      
Property Expenses 107,390 99,907 101,281
General and Administrative 23,152 25,103 20,638
Restructuring Costs 0 0 1,553
Impairment of Real Estate 1,047 (192) (8,875)
Depreciation and Other Amortization 111,031 114,675 115,244
Total Expenses 242,620 239,493 229,841
Other Income (Expense):      
Interest Income 2,354 2,874 3,922
Interest Expense (73,558) (83,506) (100,127)
Amortization of Deferred Financing Costs (3,225) (3,460) (3,963)
Mark-to-Market Gain (Loss) on Interest Rate Protection Agreements 52 (328) (1,718)
Loss from Retirement of Debt (6,637) (9,684) (5,459)
Foreign Currency Exchange Loss 0 0 (332)
Total Other Income (Expense) (81,014) (94,104) (107,677)
Income (Loss) from Continuing Operations Before Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax Benefit (Provision) 4,592 (19,272) (34,850)
Equity in Income of Joint Ventures 136 1,559 980
Gain on Change in Control of Interests 0 776 689
Income Tax Benefit (Provision) 213 (5,522) (450)
Income (Loss) from Continuing Operations 4,941 (22,459) (33,631)
Discontinued Operations:      
Income Attributable to Discontinued Operations 1,253 3,498 4,350
Gain on Sale of Real Estate 34,344 12,665 20,419
Provision for Income Taxes Allocable to Discontinued Operations 0 0 (1,246)
Income from Discontinued Operations 35,597 16,163 23,523
Income (Loss) Before Gain on Sale of Real Estate 40,538 (6,296) (10,108)
Gain on Sale of Real Estate 1,100 3,777 1,370
Provision for Income Taxes Allocable to Gain on Sale of Real Estate (210) 0 (452)
Net Income (Loss) 41,428 (2,519) (9,190)
Less: Net (Income) Loss Attributable to the Noncontrolling Interest (1,121) 1,201 1,745
Net Income (Loss) Attributable to First Industrial Realty Trust, Inc. 40,307 (1,318) (7,445)
Less: Preferred Dividends (8,733) (18,947) (19,565)
Less: Redemption of Preferred Stock (5,667) (1,804) 0
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities $ 25,907 $ (22,069) $ (27,010)
Basic and Diluted Earnings Per Share:      
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders $ (0.08) $ (0.41) $ (0.61)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders $ 0.32 $ 0.17 $ 0.27
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders $ 0.24 $ (0.24) $ (0.34)
Distributions Per Share $ 0.34 $ 0 $ 0
Weighted Average Shares Outstanding 106,995 91,468 80,616