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Earnings Per Share / Unit (EPS / EPU) (Tables) | 9 Months Ended
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Sep. 30, 2019
Computation of Basic and Diluted Earnings Per Share / Unit | The computation of basic and diluted EPS of the Company is presented below:
| Three Months Ended September 30, 2019 |  | Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2019 |  | Nine Months Ended September 30, 2018
Numerator: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | $ | 78,311 |  |  | $ | 30,911 |  |  | $ | 141,914 |  |  | $ | 112,412 |
Net Income Allocable to Participating Securities | (170 | ) |  | (101 | ) |  | (319 | ) |  | (349 | )
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 78,141 |  |  | $ | 30,810 |  |  | $ | 141,595 |  |  | $ | 112,063 |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares - Basic | 126,480 |  |  | 125,768 |  |  | 126,295 |  |  | 123,098 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance units (See Note 9) | 303 |  |  | 362 |  |  | 283 |  |  | 399 |
Weighted Average Shares - Diluted | 126,783 |  |  | 126,130 |  |  | 126,578 |  |  | 123,497 |
Basic and Diluted EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 0.62 |  |  | $ | 0.24 |  |  | $ | 1.12 |  |  | $ | 0.91 |
First Industrial, L.P. |
Computation of Basic and Diluted Earnings Per Share / Unit | The computation of basic and diluted EPU of the Operating Partnership is presented below:
| Three Months Ended September 30, 2019 |  | Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2019 |  | Nine Months Ended September 30, 2018
Numerator: |  |  |  |  |  |  |
Net Income Available to Unitholders and Participating Securities | $ | 79,969 |  |  | $ | 31,508 |  |  | $ | 144,972 |  |  | $ | 115,333 |
Net Income Allocable to Participating Securities | (249 | ) |  | (101 | ) |  | (453 | ) |  | (349 | )
Net Income Available to Unitholders | $ | 79,720 |  |  | $ | 31,407 |  |  | $ | 144,519 |  |  | $ | 114,984 |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 128,837 |  |  | 128,526 |  |  | 128,829 |  |  | 126,380 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance units and certain Performance LTIP Units (See Note 9) | 419 |  |  | 362 |  |  | 390 |  |  | 399 |
Weighted Average Units - Diluted | 129,256 |  |  | 128,888 |  |  | 129,219 |  |  | 126,779 |
Basic and Diluted EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.62 |  |  | $ | 0.24 |  |  | $ | 1.12 |  |  | $ | 0.91 |

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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://fasb.org/us-gaap/role/ref/legacyRef -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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- Details
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