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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Rental Income $ 63,256 $ 60,960 $ 189,818 $ 183,174
Tenant Recoveries and Other Income 17,728 18,291 56,544 56,656
Total Revenues 80,984 79,251 246,362 239,830
Expenses:        
Property Expenses 25,964 26,682 80,173 82,340
General and Administrative 4,843 5,016 16,414 15,053
Restructuring Costs       1,553
Impairment of Real Estate   1,133 (165) (7,131)
Depreciation and Other Amortization 29,425 32,384 91,802 87,520
Total Expenses 60,232 65,215 188,224 179,335
Other Income (Expense):        
Interest Income 656 1,167 2,261 3,034
Interest Expense (20,127) (24,446) (63,992) (76,931)
Amortization of Deferred Financing Costs (868) (1,075) (2,593) (3,237)
Mark-to-Market Loss on Interest Rate Protection Agreements (29) (1,372) (334) (1,560)
Loss from Retirement of Debt (424) (345) (6,646) (4,604)
Foreign Currency Exchange Loss   (332)   (332)
Total Other Income (Expense) (20,792) (26,403) (71,304) (83,630)
Loss from Continuing Operations Before Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax Benefit (Provision) (40) (12,367) (13,166) (23,135)
Equity in Income of Joint Ventures 28 772 156 907
Gain on Change in Control of Interests     776 689
Income Tax Benefit (Provision) 5 36 (5,258) (41)
Loss from Continuing Operations (7) (11,559) (17,492) (21,580)
Discontinued Operations:        
Income Attributable to Discontinued Operations 1,006 94 1,595 345
Gain on Sale of Real Estate 4,420 6,010 12,005 13,351
Provision for Income Taxes Allocable to Discontinued Operations       (2,048)
Income from Discontinued Operations 5,426 6,104 13,600 11,648
Income (Loss) Before Gain on Sale of Real Estate 5,419 (5,455) (3,892) (9,932)
Gain on Sale of Real Estate 3,777 1,370 3,777 1,370
Provision for Income Taxes Allocable to Gain on Sale of Real Estate   (452)   (452)
Net Income (Loss) 9,196 (4,537) (115) (9,014)
Less: Net (Income) Loss Attributable to the Noncontrolling Interest (277) 547 768 1,490
Net Income (Loss) Attributable to First Industrial Realty Trust, Inc. 8,919 (3,990) 653 (7,524)
Less: Preferred Dividends (4,725) (4,928) (14,285) (14,802)
Net Income (Loss) Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities $ 4,194 $ (8,918) $ (13,632) $ (22,326)
Basic and Diluted Earnings Per Share:        
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.'s Common Stockholders $ (0.01) $ (0.17) $ (0.30) $ (0.42)
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.'s Common Stockholders $ 0.05 $ 0.07 $ 0.14 $ 0.14
Net Income (Loss) Available to First Industrial Realty Trust, Inc.'s Common Stockholders $ 0.04 $ (0.10) $ (0.15) $ (0.28)
Weighted Average Shares Outstanding 93,488 85,930 89,363 78,821