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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investment in Real Estate:    
Land $ 1,734,634 $ 1,646,179
Buildings and Improvements 3,673,618 3,442,957
Construction in Progress 248,085 253,903
Less: Accumulated Depreciation (1,002,239) (921,480)
Net Investment in Real Estate 4,654,098 4,421,559
Operating Lease Right-of-Use Assets 24,244 24,580
Cash and Cash Equivalents 54,252 133,244
Restricted Cash 0 11,874
Tenant Accounts Receivable 6,491 7,135
Investment in Joint Venture 41,940 8,822
Deferred Rent Receivable 138,831 122,918
Prepaid Expenses and Other Assets, Net 231,808 224,190
Total Assets 5,151,664 4,954,322
Indebtedness:    
Mortgage Loan Payable 10,059 10,299
Senior Unsecured Notes, Net 994,282 993,742
Unsecured Term Loans, Net 920,460 919,260
Unsecured Credit Facility 275,000 143,000
Accounts Payable, Accrued Expenses and Other Liabilities 177,289 194,031
Operating Lease Liabilities 22,019 22,266
Rents Received in Advance and Security Deposits 101,523 100,166
Dividends and Distributions Payable 44,329 41,259
Total Liabilities 2,544,961 2,424,023
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 132,274,973 and 132,141,503 shares issued and outstanding) 1,323 1,321
Additional Paid-in Capital 2,407,348 2,401,334
Retained Earnings 80,856 23,131
Accumulated Other Comprehensive Income 45,674 33,412
Total First Industrial Realty Trust, Inc.'s Equity 2,535,201 2,459,198
Noncontrolling Interests 71,502 71,101
Total Equity 2,606,703 2,530,299
Total Liabilities and Equity/Partners' Capital 5,151,664 4,954,322
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,734,634 1,646,179
Buildings and Improvements 3,673,618 3,442,957
Construction in Progress 248,085 253,903
Less: Accumulated Depreciation (1,002,239) (921,480)
Net Investment in Real Estate 4,654,098 4,421,559
Operating Lease Right-of-Use Assets 24,244 24,580
Cash and Cash Equivalents 54,252 133,244
Restricted Cash 0 11,874
Tenant Accounts Receivable 6,491 7,135
Investment in Joint Venture 41,940 8,822
Deferred Rent Receivable 138,831 122,918
Prepaid Expenses and Other Assets, Net 241,105 233,471
Total Assets 5,160,961 4,963,603
Indebtedness:    
Mortgage Loan Payable 10,059 10,299
Senior Unsecured Notes, Net 994,282 993,742
Unsecured Term Loans, Net 920,460 919,260
Unsecured Credit Facility 275,000 143,000
Accounts Payable, Accrued Expenses and Other Liabilities 177,289 194,031
Operating Lease Liabilities 22,019 22,266
Rents Received in Advance and Security Deposits 101,523 100,166
Dividends and Distributions Payable 44,329 41,259
Total Liabilities 2,544,961 2,424,023
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (132,274,973 and 132,141,503 units outstanding) 2,456,472 2,395,601
Limited Partners Units (3,392,561 and 3,055,766 units outstanding) 105,597 95,015
Accumulated Other Comprehensive Income 46,846 34,186
Total First Industrial L.P.'s Partners' Capital 2,608,915 2,524,802
Noncontrolling Interests 7,085 14,778
Total Partners' Capital 2,616,000 2,539,580
Total Liabilities and Equity/Partners' Capital $ 5,160,961 $ 4,963,603