XML 24 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share ("EPS") (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2013
Earnings Per Share [Abstract] |
Computation of Basic and Diluted EPS | The computation of basic and diluted EPS is presented below:
| Three Months Ended September 30, 2013 |  | Three Months Ended September 30, 2012 |  | Nine Months Ended September 30, 2013 |  | Nine Months Ended September 30, 2012
Numerator: |  |  |  |  |  |  |
Income (Loss) from Continuing Operations | $ | 3,013 |  |  | $ | 33 |  |  | $ | 2,071 |  |  | $ | (17,634 | )
Gain on Sale of Real Estate | 291 |  |  | 3,777 |  |  | 553 |  |  | 3,777 |
Noncontrolling Interest Allocable to Continuing Operations | 1 |  |  | (9 | ) |  | 444 |  |  | 1,505 |
Income (Loss) from Continuing Operations Attributable to First Industrial Realty Trust, Inc. | 3,305 |  |  | 3,801 |  |  | 3,068 |  |  | (12,352 | )
Preferred Stock Dividends | (1,392 | ) |  | (4,725 | ) |  | (7,506 | ) |  | (14,285 | )
Redemption of Preferred Stock | (2,121 | ) |  | — |  |  | (5,667 | ) |  | — |
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | (208 | ) |  | $ | (924 | ) |  | $ | (10,105 | ) |  | $ | (26,637 | )
Income from Discontinued Operations | $ | 5,459 |  |  | $ | 5,386 |  |  | $ | 16,378 |  |  | $ | 13,742 |
Noncontrolling Interest Allocable to Discontinued Operations | (220 | ) |  | (268 | ) |  | (688 | ) |  | (737 | )
Income from Discontinued Operations Allocable to Participating Securities | (42 | ) |  | (33 | ) |  | (120 | ) |  | — |
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc. | $ | 5,197 |  |  | $ | 5,085 |  |  | $ | 15,570 |  |  | $ | 13,005 |
Net Income (Loss) Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | $ | 5,031 |  |  | $ | 4,194 |  |  | $ | 5,585 |  |  | $ | (13,632 | )
Net Income Allocable to Participating Securities | (42 | ) |  | (33 | ) |  | (120 | ) |  | — |
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 4,989 |  |  | $ | 4,161 |  |  | $ | 5,465 |  |  | $ | (13,632 | )
Denominator: |  |  |  |  |  |  |
Weighted Average Shares—Basic and Diluted | 109,474 |  |  | 93,488 |  |  | 106,154 |  |  | 89,363 |
Basic and Diluted EPS: |  |  |  |  |  |  |
Loss from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.00 |  |  | $ | (0.01 | ) |  | $ | (0.10 | ) |  | $ | (0.30 | )
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.15 |  |  | $ | 0.15 |
Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.05 |  |  | $ | 0.04 |  |  | $ | 0.05 |  |  | $ | (0.15 | )
Non-Participating Securities | The following awards could be dilutive in future periods:
| Number of Awards Outstanding At September 30, 2013 |  | Number of Awards Outstanding At September 30, 2012
Non-Participating Securities: |  |  |
Restricted Stock Unit Awards | 273,400 |  |  | 713,550 |
LTIP Unit Awards | 718,960 |  |  | — |

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfCalculationOfNumeratorAndDenominatorInEarningsPerShareTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration