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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Rental Income $ 63,422 $ 61,680
Tenant Recoveries and Other Income 19,664 20,137
Total Revenues 83,086 81,817
Expenses:    
Property Expenses 27,815 29,449
General and Administrative 5,617 5,269
Restructuring Costs   1,160
Impairment of Real Estate (14) (2,779)
Depreciation and Other Amortization 32,940 27,556
Total Expenses 66,358 60,655
Other Income (Expense):    
Interest Income 927 980
Interest Expense (22,693) (26,739)
Amortization of Deferred Financing Costs (875) (1,085)
Mark-to-Market Gain on Interest Rate Protection Agreements 124 44
Gain (Loss) from Retirement of Debt 1 (1,026)
Total Other Income (Expense) (22,516) (27,826)
Loss from Continuing Operations Before Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax Benefit (5,788) (6,664)
Equity in Income of Joint Ventures 91 36
Gain on Change in Control of Interests 776  
Income Tax Benefit 91 78
Loss from Continuing Operations (4,830) (6,550)
Discontinued Operations:    
Loss Attributable to Discontinued Operations (314) (1,128)
Gain on Sale of Real Estate 6,199 3,804
Provision for Income Taxes Allocable to Discontinued Operations   (509)
Income from Discontinued Operations 5,885 2,167
Net Income (Loss) 1,055 (4,383)
Less: Net Loss Attributable to the Noncontrolling Interest 207 653
Net Income (Loss) Attributable to First Industrial Realty Trust, Inc 1,262 (3,730)
Less: Preferred Dividends (4,762) (4,927)
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities $ (3,500) $ (8,657)
Basic and Diluted Earnings Per Share:    
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.'s Common Stockholders $ (0.10) $ (0.15)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.'s Common Stockholders $ 0.06 $ 0.03
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities $ (0.04) $ (0.12)
Weighted Average Shares Outstanding 86,575 70,639