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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental Income $ 74,918 $ 71,752
Tenant Recoveries and Other Income 22,465 21,715
Total Revenues 97,383 93,467
Expenses:    
Property Expenses 28,486 28,367
General and Administrative 8,033 7,674
Acquisition Costs 0 64
Depreciation and Other Amortization 28,494 31,128
Total Expenses 65,013 67,233
Other Income (Expense):    
Gain on Sale of Real Estate 8,009 7,251
Interest Expense (14,369) (16,259)
Amortization of Deferred Financing Costs (778) (873)
Loss from Retirement of Debt (1,653) 0
Total Other Income (Expense) (8,791) (9,881)
Income from Operations Before Income Tax Provision 23,579 16,353
Income Tax Provision (88) (58)
Net Income 23,491 16,295
Less: Net Income Attributable to the Noncontrolling Interest (782) (607)
Net Income Available to Common Stockholders/Unitholders and Participating Securities $ 22,709 $ 15,688
Basic and Diluted EPS / EPU    
Net Income Available to Common Stockholders/Unitholders $ 0.19 $ 0.14
Dividends/Distributions Per Share/Unit $ 0.21 $ 0.19
Weighted Average Shares/Units Outstanding - Basic 116,837 110,793
Weighted Average Shares/Units Outstanding - Diluted 117,261 110,985
First Industrial, L.P.    
Revenues:    
Rental Income $ 74,918 $ 71,752
Tenant Recoveries and Other Income 22,465 21,715
Total Revenues 97,383 93,467
Expenses:    
Property Expenses 28,486 28,367
General and Administrative 8,033 7,674
Acquisition Costs 0 64
Depreciation and Other Amortization 28,494 31,128
Total Expenses 65,013 67,233
Other Income (Expense):    
Gain on Sale of Real Estate 8,009 7,251
Interest Expense (14,369) (16,259)
Amortization of Deferred Financing Costs (778) (873)
Loss from Retirement of Debt (1,653) 0
Total Other Income (Expense) (8,791) (9,881)
Income from Operations Before Income Tax Provision 23,579 16,353
Income Tax Provision (88) (58)
Net Income 23,491 16,295
Less: Net Income Attributable to the Noncontrolling Interest (27) (14)
Net Income Available to Common Stockholders/Unitholders and Participating Securities $ 23,464 $ 16,281
Basic and Diluted EPS / EPU    
Net Income Available to Common Stockholders/Unitholders $ 0.19 $ 0.14
Dividends/Distributions Per Share/Unit $ 0.21 $ 0.1900
Weighted Average Shares/Units Outstanding - Basic 120,877 115,096
Weighted Average Shares/Units Outstanding - Diluted 121,301 115,288