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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Lease Revenue $ 124,912 $ 115,667
Other Revenue 601 592
Total Revenues 125,513 116,259
Expenses:    
Property Expenses 35,415 33,242
General and Administrative 8,741 8,564
Depreciation and Other Amortization 33,910 31,975
Total Expenses 78,066 73,781
Other Income (Expense):    
Gain on Sale of Real Estate 0 34,645
Interest Expense (9,636) (12,673)
Amortization of Debt Issuance Costs (756) (949)
Total Other Income (Expense) (10,392) 21,023
Income from Operations Before Equity in Loss of Joint Ventures and Income Tax Benefit 37,055 63,501
Equity in Loss of Joint Ventures (22) (73)
Income Tax Benefit 90 155
Net Income 37,123 63,583
Less: Net Income Attributable to the Noncontrolling Interests (865) (1,385)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 36,258 $ 62,198
Basic and Diluted Earnings Per Share / Unit:    
Net Income Available to Common Stockholders / Unitholders - Basic $ 0.27 $ 0.48
Net Income Available to Common Stockholders / Unitholders - Diluted $ 0.27 $ 0.48
Weighted Average Shares/Units Outstanding - Basic 131,811 129,088
Weighted Average Shares/Units Outstanding - Diluted 131,885 129,172
First Industrial, L.P.    
Revenues:    
Lease Revenue $ 124,912 $ 115,667
Other Revenue 601 592
Total Revenues 125,513 116,259
Expenses:    
Property Expenses 35,415 33,242
General and Administrative 8,741 8,564
Depreciation and Other Amortization 33,910 31,975
Total Expenses 78,066 73,781
Other Income (Expense):    
Gain on Sale of Real Estate 0 34,645
Interest Expense (9,636) (12,673)
Amortization of Debt Issuance Costs (756) (949)
Total Other Income (Expense) (10,392) 21,023
Income from Operations Before Equity in Loss of Joint Ventures and Income Tax Benefit 37,055 63,501
Equity in Loss of Joint Ventures (22) (73)
Income Tax Benefit 90 155
Net Income 37,123 63,583
Less: Net Income Attributable to the Noncontrolling Interests (18) (18)
Net Income Available to Common Stockholders / Unitholders and Participating Securities $ 37,105 $ 63,565
Basic and Diluted Earnings Per Share / Unit:    
Net Income Available to Common Stockholders / Unitholders - Basic $ 0.28 $ 0.48
Net Income Available to Common Stockholders / Unitholders - Diluted $ 0.28 $ 0.48
Weighted Average Shares/Units Outstanding - Basic 134,073 131,172
Weighted Average Shares/Units Outstanding - Diluted 134,495 131,634