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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
16. Quarterly Financial Information (unaudited)
The following tables summarize our quarterly financial information. The first, second and third fiscal quarters of 2014 and all fiscal quarters in 2013 have been revised in accordance with guidance on accounting for discontinued operations. Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities and basic and diluted EPS from Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders have not been affected. 
 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
83,861

 
$
84,044

 
$
86,361

 
$
90,333

Equity in Income (Loss) of Joint Ventures
2,966

 
556

 
(14
)
 
(9
)
Noncontrolling Interest Allocable to Continuing Operations
(58
)
 
(124
)
 
(325
)
 
(309
)
Income from Continuing Operations, Net of Noncontrolling Interest
3,868

 
3,028

 
7,938

 
7,615

Income from Discontinued Operations
1,141

 
1,052

 
13,932

 
11,698

Noncontrolling Interest Allocable to Discontinued Operations
(46
)
 
(41
)
 
(543
)
 
(452
)
Loss on Sale of Real Estate

 

 

 
(83
)
Noncontrolling Interest Allocable to Loss on Sale of Real Estate

 

 

 
3

Net Income Attributable to First Industrial Realty Trust, Inc.
4,963

 
4,039

 
21,327

 
18,781

Preferred Dividends
(1,019
)
 

 

 

Redemption of Preferred Stock
(1,462
)
 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
2,482

 
4,039

 
21,327

 
18,781

Income from Continuing Operations Allocable to Participating Securities
(18
)
 
(32
)
 
(33
)
 
(32
)
Income from Discontinued Operations Allocable to Participating Securities
(14
)
 
(11
)
 
(57
)
 
(47
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,450

 
$
3,996

 
$
21,237

 
$
18,702

Basic and Diluted Earnings Per Share:
 
 
 
 
 
 
 
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.03

 
$
0.07

 
$
0.07

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.01

 
$
0.01

 
$
0.12

 
$
0.10

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares – Basic
109,676

 
109,815

 
110,072

 
110,118

LTIP Unit Awards
539

 
589

 
199

 
287

Weighted Average Shares —Diluted
110,215

 
110,404

 
110,271

 
110,405

 
Year Ended December 31, 2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
78,187

 
$
79,576

 
$
79,071

 
$
81,620

Equity in Income of Joint Ventures
20

 
27

 
72

 
17

Noncontrolling Interest Allocable to Continuing Operations
159

 
308

 
13

 
(47
)
Income (Loss) from Continuing Operations, Net of Noncontrolling Interest
372

 
(1,341
)
 
3,182

 
2,192

(Loss) Income from Discontinued Operations
(1,598
)
 
13,011

 
5,303

 
19,850

Noncontrolling Interest Allocable to Discontinued Operations
73

 
(553
)
 
(220
)
 
(817
)
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
)
 

 

 
(6
)
Income from Discontinued Operations Allocable to Participating Securities

 
(42
)
 
(42
)
 
(84
)
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/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares – Basic
100,774

 
108,117

 
109,474

 
109,490

LTIP Unit Awards

 

 

 
485

Weighted Average Shares – Diluted
100,774

 
108,117

 
109,474

 
109,975