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Earnings Per Share (EPS) (Tables) | 9 Months Ended
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Sep. 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 September 30, 2014 |  | Three Months Ended September 30, 2013 |  | Nine Months Ended September 30, 2014 |  | Nine Months Ended September 30, 2013
Numerator: |  |  |  |  |  |  |
Income from Continuing Operations | $ | 8,458 |  |  | $ | 2,280 |  |  | $ | 15,881 |  |  | $ | 1,073 |
Gain on Sale of Real Estate | — |  |  | 291 |  |  | — |  |  | 553 |
Noncontrolling Interest Allocable to Continuing Operations | (338 | ) |  | 31 |  |  | (528 | ) |  | 486 |
Income from Continuing Operations Allocable to Participating Securities | (34 | ) |  | — |  |  | (57 | ) |  | — |
Income from Continuing Operations Attributable to First Industrial Realty Trust, Inc. | 8,086 |  |  | 2,602 |  |  | 15,296 |  |  | 2,112 |
Preferred Dividends | — |  |  | (1,392 | ) |  | (1,019 | ) |  | (7,506 | )
Redemption of Preferred Stock | — |  |  | (2,121 | ) |  | (1,462 | ) |  | (5,667 | )
Income (Loss) from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 8,086 |  |  | $ | (911 | ) |  | $ | 12,815 |  |  | $ | (11,061 | )
Income from Discontinued Operations | $ | 13,737 |  |  | $ | 6,192 |  |  | $ | 15,585 |  |  | $ | 17,376 |
Noncontrolling Interest Allocable to Discontinued Operations | (530 | ) |  | (250 | ) |  | (609 | ) |  | (730 | )
Income from Discontinued Operations Allocable to Participating Securities | (56 | ) |  | (42 | ) |  | (66 | ) |  | (120 | )
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc. | $ | 13,151 |  |  | $ | 5,900 |  |  | $ | 14,910 |  |  | $ | 16,526 |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities | $ | 21,327 |  |  | $ | 5,031 |  |  | $ | 27,848 |  |  | $ | 5,585 |
Net Income Allocable to Participating Securities | (90 | ) |  | (42 | ) |  | (123 | ) |  | (120 | )
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 21,237 |  |  | $ | 4,989 |  |  | $ | 27,725 |  |  | $ | 5,465 |
Denominator: |  |  |  |  |  |  |
Weighted Average Shares—Basic | 110,072 |  |  | 109,474 |  |  | 109,856 |  |  | 106,154 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
LTIP Unit Awards | 199 |  |  | — |  |  | 442 |  |  | — |
Weighted Average Shares—Diluted | 110,271 |  |  | 109,474 |  |  | 110,298 |  |  | 106,154 |
Basic and Diluted EPS: |  |  |  |  |  |  |
Income (Loss) from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.07 |  |  | $ | 0.00 |  |  | $ | 0.12 |  |  | $ | (0.10 | )
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.12 |  |  | $ | 0.05 |  |  | $ | 0.13 |  |  | $ | 0.15 |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.19 |  |  | $ | 0.05 |  |  | $ | 0.25 |  |  | $ | 0.05 |

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- 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
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