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Earnings Per Share ("EPS")
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
9. Earnings Per Share (“EPS”)
The computation of basic and diluted EPS is presented below:
 
Three Months
Ended
March 31,
2013
 
Three Months
Ended
March 31,
2012
Numerator:
 
 
 
Income (Loss) from Continuing Operations
$
1,242

 
$
(5,015
)
Gain on Sale of Real Estate
262

 
—

Noncontrolling Interest Allocable to Continuing Operations
103

 
551

Income from Continuing Operations Allocable to Participating Securities
(36
)
 
—

Income (Loss) from Continuing Operations Attributable to First Industrial Realty Trust, Inc.
1,571

 
(4,464
)
Preferred Stock Dividends
(3,837
)
 
(4,762
)
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(2,266
)
 
$
(9,226
)
(Loss) Income from Discontinued Operations
$
(2,627
)
 
$
6,070

Noncontrolling Interest Allocable to Discontinued Operations
117

 
(344
)
(Loss) Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.
$
(2,510
)
 
$
5,726

Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities
$
(4,740
)
 
$
(3,500
)
Net Income Allocable to Participating Securities
(36
)
 
—

Net Loss Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(4,776
)
 
$
(3,500
)
Denominator:
 
 
 
Weighted Average Shares—Basic and Diluted
100,774

 
86,575

Basic and Diluted EPS:
 
 
 
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.02
)
 
$
(0.11
)
(Loss) Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.03
)
 
$
0.07

Net Loss Available to First Industrial Realty Trust, Inc.’s Common Stockholders
$
(0.05
)
 
$
(0.04
)

Participating securities include 490,591 and 756,815 of unvested restricted stock awards outstanding at March 31, 2013 and 2012, respectively, which participate in non-forfeitable dividends of the Company. For the three months ended March 31, 2013, participating security holders were allocated income in proportion to the common dividends declared during the quarter. However, since participating security holders are not obligated to share in losses, none of the remaining net loss attributable to First Industrial Realty Trust, Inc. was allocated to participating securities for the three months ended March 31, 2013 and 2012.

The number of weighted average shares—diluted is the same as the number of weighted average shares—basic for the three months ended March 31, 2013 and 2012, as the effect of stock options and restricted stock unit awards (that do not participate in non-forfeitable dividends of the Company) was excluded as its inclusion would have been antidilutive to the loss from continuing operations available to First Industrial Realty Trust, Inc.’s common stockholders. The following awards were anti-dilutive and could be dilutive in future periods:
 
Number of
Awards
Outstanding At
March 31,
2013
 
Number of
Awards
Outstanding At
March 31,
2012
Non-Participating Securities:
 
 
 
Restricted Stock Unit Awards
383,500

 
731,900

Options
—

 
10,000