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Quarterly Financial Information (unaudited) | 12 Months Ended
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Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (unaudited) | 16. Quarterly Financial Information (unaudited) The following tables summarize our quarterly financial information. The first, second and third fiscal quarters of 2014 and all fiscal quarters in 2013 have been revised in accordance with guidance on accounting for discontinued operations. Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders and Participating Securities and basic and diluted EPS from Net Income (Loss) Available to First Industrial Realty Trust, Inc.’s Common Stockholders have not been affected.
| Year Ended December 31, 2014
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 83,861 |  |  | $ | 84,044 |  |  | $ | 86,361 |  |  | $ | 90,333 |
Equity in Income (Loss) of Joint Ventures | 2,966 |  |  | 556 |  |  | (14 | ) |  | (9 | )
Noncontrolling Interest Allocable to Continuing Operations | (58 | ) |  | (124 | ) |  | (325 | ) |  | (309 | )
Income from Continuing Operations, Net of Noncontrolling Interest | 3,868 |  |  | 3,028 |  |  | 7,938 |  |  | 7,615 |
Income from Discontinued Operations | 1,141 |  |  | 1,052 |  |  | 13,932 |  |  | 11,698 |
Noncontrolling Interest Allocable to Discontinued Operations | (46 | ) |  | (41 | ) |  | (543 | ) |  | (452 | )
Loss on Sale of Real Estate | — |  |  | — |  |  | — |  |  | (83 | )
Noncontrolling Interest Allocable to Loss on Sale of Real Estate | — |  |  | — |  |  | — |  |  | 3 |
Net Income Attributable to First Industrial Realty Trust, Inc. | 4,963 |  |  | 4,039 |  |  | 21,327 |  |  | 18,781 |
Preferred Dividends | (1,019 | ) |  | — |  |  | — |  |  | — |
Redemption of Preferred Stock | (1,462 | ) |  | — |  |  | — |  |  | — |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | 2,482 |  |  | 4,039 |  |  | 21,327 |  |  | 18,781 |
Income from Continuing Operations Allocable to Participating Securities | (18 | ) |  | (32 | ) |  | (33 | ) |  | (32 | )
Income from Discontinued Operations Allocable to Participating Securities | (14 | ) |  | (11 | ) |  | (57 | ) |  | (47 | )
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 2,450 |  |  | $ | 3,996 |  |  | $ | 21,237 |  |  | $ | 18,702 |
Basic and Diluted Earnings Per Share: |  |  |  |  |  |  |
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.01 |  |  | $ | 0.03 |  |  | $ | 0.07 |  |  | $ | 0.07 |
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.12 |  |  | $ | 0.10 |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.02 |  |  | $ | 0.04 |  |  | $ | 0.19 |  |  | $ | 0.17 |
Weighted Average Shares Basic/Diluted (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares – Basic | 109,676 |  |  | 109,815 |  |  | 110,072 |  |  | 110,118 |
LTIP Unit Awards | 539 |  |  | 589 |  |  | 199 |  |  | 287 |
Weighted Average Shares —Diluted | 110,215 |  |  | 110,404 |  |  | 110,271 |  |  | 110,405 |
| Year Ended December 31, 2013
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 78,187 |  |  | $ | 79,576 |  |  | $ | 79,071 |  |  | $ | 81,620 |
Equity in Income of Joint Ventures | 20 |  |  | 27 |  |  | 72 |  |  | 17 |
Noncontrolling Interest Allocable to Continuing Operations | 159 |  |  | 308 |  |  | 13 |  |  | (47 | )
Income (Loss) from Continuing Operations, Net of Noncontrolling Interest | 372 |  |  | (1,341 | ) |  | 3,182 |  |  | 2,192 |
(Loss) Income from Discontinued Operations | (1,598 | ) |  | 13,011 |  |  | 5,303 |  |  | 19,850 |
Noncontrolling Interest Allocable to Discontinued Operations | 73 |  |  | (553 | ) |  | (220 | ) |  | (817 | )
Gain on Sale of Real Estate, Net of Income Tax | 262 |  |  | — |  |  | 291 |  |  | 337 |
Noncontrolling Interest Allocable to Gain on Sale of Real Estate | (12 | ) |  | — |  |  | (12 | ) |  | (13 | )
Net (Loss) Income Attributable to First Industrial Realty Trust, Inc. | (903 | ) |  | 11,117 |  |  | 8,544 |  |  | 21,549 |
Preferred Dividends | (3,837 | ) |  | (2,277 | ) |  | (1,392 | ) |  | (1,227 | )
Redemption of Preferred Stock | — |  |  | (3,546 | ) |  | (2,121 | ) |  | — |
Net (Loss) Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | (4,740 | ) |  | 5,294 |  |  | 5,031 |  |  | 20,322 |
Income from Continuing Operations Allocable to Participating Securities | (36 | ) |  | — |  |  | — |  |  | (6 | )
Income from Discontinued Operations Allocable to Participating Securities | — |  |  | (42 | ) |  | (42 | ) |  | (84 | )
Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | (4,776 | ) |  | $ | 5,252 |  |  | $ | 4,989 |  |  | $ | 20,232 |
Basic and Diluted Earnings Per Share: |  |  |  |  |  |  |
(Loss) Income from Continuing Operations Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | (0.03 | ) |  | $ | (0.06 | ) |  | $ | 0.00 |  |  | $ | 0.01 |
(Loss) Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | (0.02 | ) |  | $ | 0.11 |  |  | $ | 0.05 |  |  | $ | 0.17 |
Net (Loss) Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | (0.05 | ) |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.18 |
Weighted Average Shares Basic/Diluted (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares – Basic | 100,774 |  |  | 108,117 |  |  | 109,474 |  |  | 109,490 |
LTIP Unit Awards | — |  |  | — |  |  | — |  |  | 485 |
Weighted Average Shares – Diluted | 100,774 |  |  | 108,117 |  |  | 109,474 |  |  | 109,975 |

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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