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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Rental Income$ 59,053$ 58,058$ 177,574$ 176,516
Tenant Recoveries and Other Income17,74017,92455,02258,659
Construction Revenues 271 541
Total Revenues76,79376,253232,596235,716
Expenses:    
Property Expenses25,44324,74379,03979,062
General and Administrative5,0164,93915,05321,231
Restructuring Costs 3381,5531,549
Impairment of Real Estate(789)77,906(9,413)87,061
Depreciation and Other Amortization32,98131,53888,89893,112
Construction Expenses 247 456
Total Expenses62,651139,711175,130282,471
Other Income (Expense):    
Interest Income1,1671,0373,0343,120
Interest Expense(24,446)(25,542)(76,931)(78,739)
Amortization of Deferred Financing Costs(1,075)(798)(3,237)(2,412)
Mark-to-Market Loss on Interest Rate Protection Agreements(1,372)(330)(1,560)(1,788)
Loss on Retirement of Debt(345)(19)(4,604)(3,984)
Foreign Currency Exchange Loss(332) (332)(190)
Total Other Income (Expense)(26,403)(25,652)(83,630)(83,993)
Loss from Continuing Operations Before Equity in Income (Loss) of Joint Ventures, Gain on Sale of Venture Interests, Gain on Change in Control of Interests and Income Tax Benefit (Provision)(12,261)(89,110)(26,164)(130,748)
Equity in Income (Loss) of Joint Ventures772(398)907(275)
Gain on Sale of Joint Venture Interests 9,87409,874
Gain on Change in Control of Interests  689 
Income Tax Benefit (Provision)327247(458)(2,109)
Loss from Continuing Operations(11,162)(79,387)(25,026)(123,258)
Discontinued Operations:    
(Loss) Income from Discontinued Operations(12)(84,833)3,374(82,912)
Gain on Sale of Real Estate6,0101,94913,3519,568
Provision for Income Taxes Allocable to Discontinued Operations  (1,959) 
Total Discontinued Operations5,998(82,884)14,766(73,344)
Loss Before Gain (Loss) on Sale of Real Estate(5,164)(162,271)(10,260)(196,602)
Gain (Loss) on Sale of Real Estate1,370(214)1,370858
Provision for Income Taxes Allocable to Gain on Sale of Real Estate(743) (124)(660)
Net Loss(4,537)(162,485)(9,014)(196,404)
Less: Net Loss Attributable to the Noncontrolling Interest54713,1001,49016,557
Net Loss Attributable to First Industrial Realty Trust, Inc.(3,990)(149,385)(7,524)(179,847)
Less: Preferred Stock Dividends(4,928)(4,884)(14,802)(14,823)
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities$ (8,918)$ (154,269)$ (22,326)$ (194,670)
Basic and Diluted Earnings Per Share:    
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.'s Common Stockholders$ (0.17)$ (1.23)$ (0.46)$ (2.03)
Income (Loss) From Discontinued Operations Attributable to First Industrial Realty Trust, Inc.'s Common Stockholders$ 0.07$ (1.21)$ 0.18$ (1.08)
Net Loss Available to First Industrial Realty Trust, Inc.'s Common Stockholders$ (0.10)$ (2.44)$ (0.28)$ (3.11)
Weighted Average Shares Outstanding85,93063,10078,82162,583