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Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited)
The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2016 and 2015.
 
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
93,467

 
$
93,015

 
$
93,562

 
$
97,976

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
15,688

 
$
50,229

 
$
31,519

 
$
23,796

Net Income Allocable to Participating Securities
(63
)
 
(180
)
 
(110
)
 
(82
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
15,625

 
$
50,049

 
$
31,409

 
$
23,714

Basic EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.14

 
$
0.43

 
$
0.27

 
$
0.20

Diluted EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
0.14

 
$
0.43

 
$
0.27

 
$
0.20

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
110,793

 
116,191

 
116,467

 
116,636

Weighted Average Shares - Diluted
110,985

 
116,558

 
116,864

 
117,042

 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
89,966

 
$
90,489

 
$
92,159

 
$
93,209

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

 
$
14,012

 
$
13,917

 
$
43,500

Net Income Allocable to Participating Securities
(41
)
 
(50
)
 
(50
)
 
(153
)
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
2,332

 
$
13,962

 
$
13,867

 
$
43,347

Basic EPS:

 

 

 

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

 
$
0.13

 
$
0.13

 
$
0.39

Diluted EPS:

 

 

 

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

 
$
0.13

 
$
0.13

 
$
0.39

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

 
110,348

 
110,356

 
110,392

Weighted Average Shares - Diluted
110,675

 
110,683

 
110,848

 
110,916


The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2016 and 2015.
 
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
93,467

 
$
93,015

 
$
93,562

 
$
97,976

Net Income Available to Unitholders and Participating Securities
$
16,281

 
$
52,048

 
$
32,630

 
$
24,588

Net Income Allocable to Participating Securities
(63
)
 
(180
)
 
(110
)
 
(83
)
Net Income Available to Unitholders
$
16,218

 
$
51,868

 
$
32,520

 
$
24,505

Basic EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.14

 
$
0.43

 
$
0.27

 
$
0.20

Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.14

 
$
0.43

 
$
0.27

 
$
0.20

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
115,096

 
120,486

 
120,740

 
120,740

Weighted Average Units - Diluted
115,288

 
120,853

 
121,137

 
121,146


 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
89,966

 
$
90,489

 
$
92,159

 
$
93,209

Net Income Available to Unitholders and Participating Securities
$
2,457

 
$
14,644

 
$
14,438

 
$
45,143

Net Income Allocable to Participating Securities
(41
)
 
(50
)
 
(50
)
 
(153
)
Net Income Available to Unitholders
$
2,416

 
$
14,594

 
$
14,388

 
$
44,990

Basic EPU:

 

 

 

Net Income Available to Unitholders
$
0.02

 
$
0.13

 
$
0.13

 
$
0.39

Diluted EPU:

 

 

 

Net Income Available to Unitholders
$
0.02

 
$
0.13

 
$
0.12

 
$
0.39

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
114,681

 
114,712

 
114,720

 
114,722

Weighted Average Units - Diluted
115,046

 
115,047

 
115,212

 
115,246