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Quarterly Financial Information (unaudited) | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (unaudited) | Quarterly Financial Information (unaudited) The following tables summarize the Company's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
| Year Ended December 31, 2015
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 89,942 |  |  | $ | 90,456 |  |  | $ | 92,157 |  |  | $ | 93,207 |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | $ | 2,373 |  |  | $ | 14,012 |  |  | $ | 13,917 |  |  | $ | 43,500 |
Net Income Allocable to Participating Securities | (41 | ) |  | (50 | ) |  | (50 | ) |  | (153 | )
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 2,332 |  |  | $ | 13,962 |  |  | $ | 13,867 |  |  | $ | 43,347 |
Basic EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.02 |  |  | $ | 0.13 |  |  | $ | 0.13 |  |  | $ | 0.39 |
Diluted EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.’s Common Stockholders | $ | 0.02 |  |  | $ | 0.13 |  |  | $ | 0.13 |  |  | $ | 0.39 |
Weighted Average Shares Basic/Diluted (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares - Basic | 110,310 |  |  | 110,348 |  |  | 110,356 |  |  | 110,392 |
Weighted Average Shares - Diluted | 110,675 |  |  | 110,683 |  |  | 110,848 |  |  | 110,916 |
| Year Ended December 31, 2014
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 83,861 |  |  | $ | 84,044 |  |  | $ | 86,361 |  |  | $ | 90,333 |
Income from Continuing Operations, Net of Noncontrolling Interest | $ | 3,868 |  |  | $ | 3,028 |  |  | $ | 7,938 |  |  | $ | 7,535 |
Income from Discontinued Operations, Net of Noncontrolling Interest | 1,095 |  |  | 1,011 |  |  | 13,389 |  |  | 11,246 |
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 EPS: |  |  |  |  |  |  |
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 |
Diluted EPS: |  |  |  |  |  |  |
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 |
Weighted Average Shares - Diluted | 110,215 |  |  | 110,404 |  |  | 110,271 |  |  | 110,405 |
The following tables summarize the Operating Partnership's unaudited quarterly financial information for each of the years ended December 31, 2015 and 2014.
| Year Ended December 31, 2015
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 89,942 |  |  | $ | 90,456 |  |  | $ | 92,157 |  |  | $ | 93,207 |
Net Income Available to Unitholders and Participating Securities | $ | 2,457 |  |  | $ | 14,644 |  |  | $ | 14,438 |  |  | $ | 45,143 |
Net Income Allocable to Participating Securities | (41 | ) |  | (50 | ) |  | (50 | ) |  | (153 | )
Net Income Available to Unitholders | $ | 2,416 |  |  | $ | 14,594 |  |  | $ | 14,388 |  |  | $ | 44,990 |
Basic EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.02 |  |  | $ | 0.13 |  |  | $ | 0.13 |  |  | $ | 0.39 |
Diluted EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.02 |  |  | $ | 0.13 |  |  | $ | 0.12 |  |  | $ | 0.39 |
Weighted Average Units Basic/Diluted (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 114,681 |  |  | 114,712 |  |  | 114,720 |  |  | 114,722 |
Weighted Average Units - Diluted | 115,046 |  |  | 115,047 |  |  | 115,212 |  |  | 115,246 |
| Year Ended December 31, 2014
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Total Revenues | $ | 83,861 |  |  | $ | 84,044 |  |  | $ | 86,361 |  |  | $ | 90,333 |
Income from Continuing Operations, Net of Noncontrolling Interest | $ | 3,938 |  |  | $ | 3,176 |  |  | $ | 8,294 |  |  | $ | 7,964 |
Income from Discontinued Operations, Net of Noncontrolling Interest | 1,140 |  |  | 1,051 |  |  | 13,924 |  |  | 11,698 |
Net Income Attributable to Unitholders | 5,078 |  |  | 4,227 |  |  | 22,218 |  |  | 19,662 |
Preferred Unit Distributions | (1,019 | ) |  | — |  |  | — |  |  | — |
Redemption of Preferred Units | (1,462 | ) |  | — |  |  | — |  |  | — |
Net Income Available to Unitholders and Participating Securities | 2,597 |  |  | 4,227 |  |  | 22,218 |  |  | 19,662 |
Income from Continuing Operations Allocable to Participating Securities | (17 | ) |  | (32 | ) |  | (33 | ) |  | (32 | )
Income from Discontinued Operations Allocable to Participating Securities | (14 | ) |  | (11 | ) |  | (57 | ) |  | (47 | )
Net Income Available to Unitholders | $ | 2,566 |  |  | $ | 4,184 |  |  | $ | 22,128 |  |  | $ | 19,583 |
Basic EPU: |  |  |  |  |  |  |
Income from Continuing Operations Available to Unitholders | $ | 0.01 |  |  | $ | 0.03 |  |  | $ | 0.07 |  |  | $ | 0.07 |
Income from Discontinued Operations Attributable to Unitholders | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.12 |  |  | $ | 0.10 |
Net Income Available to Unitholders | $ | 0.02 |  |  | $ | 0.04 |  |  | $ | 0.19 |  |  | $ | 0.17 |
Diluted EPU: |  |  |  |  |  |  |
Income from Continuing Operations Available to Unitholders | $ | 0.01 |  |  | $ | 0.03 |  |  | $ | 0.07 |  |  | $ | 0.07 |
Income from Discontinued Operations Attributable to Unitholders | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.12 |  |  | $ | 0.10 |
Net Income Available to Unitholders | $ | 0.02 |  |  | $ | 0.04 |  |  | $ | 0.19 |  |  | $ | 0.17 |
Weighted Average Units Basic/Diluted (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 114,245 |  |  | 114,278 |  |  | 114,512 |  |  | 114,512 |
Weighted Average Units - Diluted | 114,784 |  |  | 114,867 |  |  | 114,711 |  |  | 114,799 |

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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=51655806&loc=d3e765-108305 Reference 2: 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=51825399&loc=d3e1280-108306 Reference 3: 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=51655806&loc=d3e725-108305 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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