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Earnings Per Share (EPS) (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted EPS is presented below: 
 
Three Months Ended March 31, 2015
 
Three Months Ended March 31, 2014
Numerator:
 
 
 
Income from Continuing Operations
$
2,466

 
$
3,926

Noncontrolling Interest Allocable to Continuing Operations
(93
)
 
(58
)
Income from Continuing Operations Allocable to Participating Securities
(41
)
 
(18
)
Income from Continuing Operations Attributable to First Industrial Realty Trust, Inc.
2,332

 
3,850

Preferred Dividends

 
(1,019
)
Redemption of Preferred Stock

 
(1,462
)
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,332

 
$
1,369

Income from Discontinued Operations
$

 
$
1,141

Noncontrolling Interest Allocable to Discontinued Operations

 
(46
)
Income from Discontinued Operations Allocable to Participating Securities

 
(14
)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.
$

 
$
1,081

Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities
$
2,373

 
$
2,482

Net Income Allocable to Participating Securities
(41
)
 
(32
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,332

 
$
2,450

Denominator (In Thousands):
 
 
 
Weighted Average Shares - Basic
110,310

 
109,676

Effect of Dilutive Securities:
 
 
 
        LTIP Unit Awards (as defined in Note 9)
365

 
539

Weighted Average Shares - Diluted
110,675

 
110,215

Basic and Diluted EPS:
 
 
 
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.02

 
$
0.01

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

 
$
0.01

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

 
$
0.02