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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Investment in Real Estate:    
Land $ 1,457,998 $ 1,387,198
Buildings and Improvements 3,103,966 3,020,221
Construction in Progress 295,681 239,025
Less: Accumulated Depreciation (892,818) (868,296)
Net Investment in Real Estate 3,964,827 3,778,148
Operating Lease Right-of-Use Assets 24,618 24,927
Cash and Cash Equivalents 44,456 58,591
Restricted Cash 189 189
Tenant Accounts Receivable 6,319 5,104
Investment in Joint Ventures 37,374 36,049
Deferred Rent Receivable 102,981 98,727
Deferred Leasing Intangibles, Net 22,089 21,316
Prepaid Expenses and Other Assets, Net 176,020 156,047
Total Assets 4,378,873 4,179,098
Indebtedness:    
Mortgage Loans Payable, Net 78,924 79,674
Senior Unsecured Notes, Net 993,202 993,021
Unsecured Term Loans, Net 458,546 458,325
Unsecured Credit Facility 235,000 79,000
Accounts Payable, Accrued Expenses and Other Liabilities 170,018 153,096
Operating Lease Liabilities 22,290 22,592
Deferred Leasing Intangibles, Net 9,495 9,252
Rents Received in Advance and Security Deposits 98,725 98,588
Dividends and Distributions Payable 40,298 37,178
Total Liabilities 2,106,498 1,930,726
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
Common Stock ($0.01 par value, 225,000,000 shares authorized and 132,001,402 and 131,747,725 shares issued and outstanding) 1,320 1,317
Additional Paid-in Capital 2,388,620 2,376,026
Distributions in Excess of Accumulated Earnings (182,527) (178,293)
Accumulated Other Comprehensive Income (Loss) 6,703 (4,238)
Total First Industrial Realty Trust, Inc.'s Equity 2,214,116 2,194,812
Noncontrolling Interests 58,259 53,560
Total Equity 2,272,375 2,248,372
Total Liabilities and Equity/Partners' Capital 4,378,873 4,179,098
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,457,998 1,387,198
Buildings and Improvements 3,103,966 3,020,221
Construction in Progress 295,681 239,025
Less: Accumulated Depreciation (892,818) (868,296)
Net Investment in Real Estate 3,964,827 3,778,148
Operating Lease Right-of-Use Assets 24,618 24,927
Cash and Cash Equivalents 44,456 58,591
Restricted Cash 189 189
Tenant Accounts Receivable 6,319 5,104
Investment in Joint Ventures 37,374 36,049
Deferred Rent Receivable 102,981 98,727
Deferred Leasing Intangibles, Net 22,089 21,316
Prepaid Expenses and Other Assets, Net 185,224 165,282
Total Assets 4,388,077 4,188,333
Indebtedness:    
Mortgage Loans Payable, Net 78,924 79,674
Senior Unsecured Notes, Net 993,202 993,021
Unsecured Term Loans, Net 458,546 458,325
Unsecured Credit Facility 235,000 79,000
Accounts Payable, Accrued Expenses and Other Liabilities 170,018 153,096
Operating Lease Liabilities 22,290 22,592
Deferred Leasing Intangibles, Net 9,495 9,252
Rents Received in Advance and Security Deposits 98,725 98,588
Dividends and Distributions Payable 40,298 37,178
Total Liabilities 2,106,498 1,930,726
Commitments and Contingencies 0 0
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (132,001,402 and 131,747,725 units outstanding) 2,183,879 2,175,549
Limited Partners Units (3,187,671 and 2,935,203 units outstanding) 85,790 81,435
Accumulated Other Comprehensive Income (Loss) 6,866 (4,331)
Total First Industrial L.P.'s Partners' Capital 2,276,535 2,252,653
Noncontrolling Interests 5,044 4,954
Total Partners' Capital 2,281,579 2,257,607
Total Liabilities and Equity/Partners' Capital $ 4,388,077 $ 4,188,333