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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Investment in Real Estate:    
Land $ 1,735,920 $ 1,646,179
Buildings and Improvements 3,605,818 3,442,957
Construction in Progress 224,750 253,903
Less: Accumulated Depreciation (972,609) (921,480)
Net Investment in Real Estate 4,593,879 4,421,559
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $362 and $— 72 0
Operating Lease Right-of-Use Assets 24,460 24,580
Cash and Cash Equivalents 68,098 133,244
Restricted Cash 0 11,874
Tenant Accounts Receivable 6,643 7,135
Investment in Joint Venture 37,374 8,822
Deferred Rent Receivable 133,933 122,918
Prepaid Expenses and Other Assets, Net 224,920 224,190
Total Assets 5,089,379 4,954,322
Indebtedness:    
Mortgage Loan Payable 10,140 10,299
Senior Unsecured Notes, Net 994,103 993,742
Unsecured Term Loans, Net 920,061 919,260
Unsecured Credit Facility 258,000 143,000
Accounts Payable, Accrued Expenses and Other Liabilities 174,584 194,031
Operating Lease Liabilities 22,195 22,266
Rents Received in Advance and Security Deposits 104,158 100,166
Dividends and Distributions Payable 44,299 41,259
Total Liabilities 2,527,540 2,424,023
Commitments and Contingencies (see Note 12) 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
Common Stock ($0.01 par value, 225,000,000 shares authorized and 132,254,012 and 132,141,503 shares issued and outstanding) 1,323 1,321
Additional Paid-in Capital 2,403,397 2,401,334
Retained Earnings 48,217 23,131
Accumulated Other Comprehensive Income 38,219 33,412
Total First Industrial Realty Trust, Inc.'s Equity 2,491,156 2,459,198
Noncontrolling Interests 70,683 71,101
Total Equity 2,561,839 2,530,299
Total Liabilities and Equity/Partners' Capital 5,089,379 4,954,322
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,735,920 1,646,179
Buildings and Improvements 3,605,818 3,442,957
Construction in Progress 224,750 253,903
Less: Accumulated Depreciation (972,609) (921,480)
Net Investment in Real Estate 4,593,879 4,421,559
Real Estate and Other Assets Held for Sale, Net of Accumulated Depreciation and Amortization of $362 and $— 72 0
Operating Lease Right-of-Use Assets 24,460 24,580
Cash and Cash Equivalents 68,098 133,244
Restricted Cash 0 11,874
Tenant Accounts Receivable 6,643 7,135
Investment in Joint Venture 37,374 8,822
Deferred Rent Receivable 133,933 122,918
Prepaid Expenses and Other Assets, Net 234,198 233,471
Total Assets 5,098,657 4,963,603
Indebtedness:    
Mortgage Loan Payable 10,140 10,299
Senior Unsecured Notes, Net 994,103 993,742
Unsecured Term Loans, Net 920,061 919,260
Unsecured Credit Facility 258,000 143,000
Accounts Payable, Accrued Expenses and Other Liabilities 174,584 194,031
Operating Lease Liabilities 22,195 22,266
Rents Received in Advance and Security Deposits 104,158 100,166
Dividends and Distributions Payable 44,299 41,259
Total Liabilities 2,527,540 2,424,023
Commitments and Contingencies (see Note 12) 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (132,254,012 and 132,141,503 units outstanding) 2,422,186 2,395,601
Limited Partners Units (3,413,522 and 3,055,766 units outstanding) 102,779 95,015
Accumulated Other Comprehensive Income 39,207 34,186
Total First Industrial L.P.'s Partners' Capital 2,564,172 2,524,802
Noncontrolling Interests 6,945 14,778
Total Partners' Capital 2,571,117 2,539,580
Total Liabilities and Equity/Partners' Capital $ 5,098,657 $ 4,963,603