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Earnings Per Share / Unit (EPS / EPU) (Tables) | 3 Months Ended
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Mar. 31, 2023
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 March 31, 2023 |  | Three Months Ended March 31, 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | $ | 55,967 |  |  | $ | 36,258 |  |  |  |  |
Net Income Allocable to Participating Securities | (47) |  |  | (31) |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 55,920 |  |  | $ | 36,227 |  |  |  |  |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares - Basic | 132,211 |  |  | 131,811 |  |  |  |  |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units (See Note 9) | 88 |  |  | 74 |  |  |  |  |
Weighted Average Shares - Diluted | 132,299 |  |  | 131,885 |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 0.42 |  |  | $ | 0.27 |  |  |  |  |
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 March 31, 2023 |  | Three Months Ended March 31, 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net Income Available to Unitholders and Participating Securities | $ | 57,394 |  |  | $ | 37,105 |  |  |  |  |
Net Income Allocable to Participating Securities | (134) |  |  | (88) |  |  |  |  |
Net Income Available to Unitholders | $ | 57,260 |  |  | $ | 37,017 |  |  |  |  |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 134,686 |  |  | 134,073 |  |  |  |  |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units and certain Performance RLP Units (See Note 9) | 545 |  |  | 422 |  |  |  |  |
Weighted Average Units - Diluted | 135,231 |  |  | 134,495 |  |  |  |  |
Basic EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.43 |  |  | $ | 0.28 |  |  |  |  |
Diluted EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.42 |  |  | $ | 0.28 |  |  |  |  |

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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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