XML 60 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share (EPS) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2014
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The computation of basic and diluted EPS is presented below:
| Three Months Ended June 30, 2014 |  | Three Months Ended June 30, 2013 |  | Six Months Ended June 30, 2014 |  | Six Months Ended June 30, 2013
Numerator: |  |  |  |  |  |  |
Income (Loss) from Continuing Operations | $ | 3,606 |  |  | $ | (1,355 | ) |  | $ | 7,892 |  |  | $ | (527 | )
Gain on Sale of Real Estate | — |  |  | — |  |  | — |  |  | 262 |
Noncontrolling Interest Allocable to Continuing Operations | (142 | ) |  | 281 |  |  | (215 | ) |  | 425 |
Income from Continuing Operations Allocable to Participating Securities | (37 | ) |  | — |  |  | (60 | ) |  | — |
Income (Loss) from Continuing Operations Attributable to First Industrial Realty Trust, Inc. | 3,427 |  |  | (1,074 | ) |  | 7,617 |  |  | 160 |
Preferred Dividends | — |  |  | (2,277 | ) |  | (1,019 | ) |  | (6,114 | )
Redemption of Preferred Stock | — |  |  | (3,546 | ) |  | (1,462 | ) |  | (3,546 | )
Income (Loss) from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 3,427 |  |  | $ | (6,897 | ) |  | $ | 5,136 |  |  | $ | (9,500 | )
Income from Discontinued Operations | $ | 598 |  |  | $ | 12,717 |  |  | $ | 1,379 |  |  | $ | 10,504 |
Noncontrolling Interest Allocable to Discontinued Operations | (23 | ) |  | (526 | ) |  | (54 | ) |  | (450 | )
Income from Discontinued Operations Allocable to Participating Securities | (6 | ) |  | (42 | ) |  | (15 | ) |  | (78 | )
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc. | $ | 569 |  |  | $ | 12,149 |  |  | $ | 1,310 |  |  | $ | 9,976 |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities | $ | 4,039 |  |  | $ | 5,294 |  |  | $ | 6,521 |  |  | $ | 554 |
Net Income Allocable to Participating Securities | (43 | ) |  | (42 | ) |  | (75 | ) |  | (78 | )
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 3,996 |  |  | $ | 5,252 |  |  | $ | 6,446 |  |  | $ | 476 |
Denominator: |  |  |  |  |  |  |
Weighted Average Shares—Basic | 109,815 |  |  | 108,117 |  |  | 109,746 |  |  | 104,466 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
LTIP Unit Awards | 589 |  |  | — |  |  | 564 |  |  | — |
Weighted Average Shares—Diluted | 110,404 |  |  | 108,117 |  |  | 110,310 |  |  | 104,466 |
Basic and Diluted EPS: |  |  |  |  |  |  |
Income (Loss) from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.03 |  |  | $ | (0.06 | ) |  | $ | 0.05 |  |  | $ | (0.09 | )
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.01 |  |  | $ | 0.11 |  |  | $ | 0.01 |  |  | $ | 0.10 |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.04 |  |  | $ | 0.05 |  |  | $ | 0.06 |  |  | $ | 0.01 |

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 an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration