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Quarterly Financial Information (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information (unaudited)
The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2019 and 2018.
 
Year Ended December 31, 2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
104,541

 
$
104,095

 
$
106,590

 
$
110,758

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
23,803

 
$
39,800

 
$
78,311

 
$
96,861

Net Income Allocable to Participating Securities
(60
)
 
(89
)
 
(170
)
 
(199
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
23,743

 
$
39,711

 
$
78,141

 
$
96,662

Basic EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.19

 
$
0.31

 
$
0.62

 
$
0.76

Diluted EPS:
 
 
 
 
 
 
 
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.19

 
$
0.31

 
$
0.62

 
$
0.76

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
126,194

 
126,206

 
126,480

 
126,682

Weighted Average Shares - Diluted
126,456

 
126,489

 
126,783

 
127,030

 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
99,771

 
$
98,845

 
$
100,256

 
$
105,082

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
36,292

 
$
45,209

 
$
30,911

 
$
50,827

Net Income Allocable to Participating Securities
(97
)
 
(151
)
 
(101
)
 
(164
)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
36,195

 
$
45,058

 
$
30,810

 
$
50,663

Basic EPS:

 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Diluted EPS:

 

 

 

Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Weighted Average Shares Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Shares - Basic
119,846

 
123,616

 
125,768

 
125,897

Weighted Average Shares - Diluted
120,211

 
124,085

 
126,130

 
126,249
First Industrial, L.P.  
Quarterly Financial Information (unaudited)
The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2019 and 2018.
 
Year Ended December 31, 2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
104,541

 
$
104,095

 
$
106,590

 
$
110,758

Net Income Available to Unitholders and Participating Securities
$
24,314

 
$
40,689

 
$
79,969

 
$
98,656

Net Income Allocable to Participating Securities
(76
)
 
(128
)
 
(249
)
 
(279
)
Net Income Available to Unitholders
$
24,238

 
$
40,561

 
$
79,720

 
$
98,377

Basic EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.19

 
$
0.31

 
$
0.62

 
$
0.76

Diluted EPU:
 
 
 
 
 
 
 
Net Income Available to Unitholders
$
0.19

 
$
0.31

 
$
0.62

 
$
0.76

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
128,818

 
128,831

 
128,837

 
128,837

Weighted Average Units - Diluted
129,178

 
129,221

 
129,256

 
129,308


 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
99,771

 
$
98,845

 
$
100,256

 
$
105,082

Net Income Available to Unitholders and Participating Securities
$
37,443

 
$
46,382

 
$
31,508

 
$
51,913

Net Income Allocable to Participating Securities
(97
)
 
(151
)
 
(101
)
 
(164
)
Net Income Available to Unitholders
$
37,346

 
$
46,231

 
$
31,407

 
$
51,749

Basic EPU:

 

 

 

Net Income Available to Unitholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Diluted EPU:

 

 

 

Net Income Available to Unitholders
$
0.30

 
$
0.36

 
$
0.24

 
$
0.40

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units - Basic
123,729

 
126,832

 
128,526

 
128,526

Weighted Average Units - Diluted
124,094

 
127,301

 
128,888

 
128,878