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Earnings Per Share / Unit (EPS / EPU) (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, 2023 |  | Three Months Ended June 30, 2022 |  | Six Months Ended June 30, 2023 |  | Six Months Ended June 30, 2022
Numerator: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities | $ | 54,636 |  |  | $ | 116,991 |  |  | $ | 110,603 |  |  | $ | 153,249 |
Net Income Allocable to Participating Securities | (53) |  |  | (103) |  |  | (100) |  |  | (134) |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 54,583 |  |  | $ | 116,888 |  |  | $ | 110,503 |  |  | $ | 153,115 |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares - Basic | 132,249 |  |  | 132,051 |  |  | 132,230 |  |  | 131,932 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units (See Note 9) | 88 |  |  | 55 |  |  | 88 |  |  | 65 |
Weighted Average Shares - Diluted | 132,337 |  |  | 132,106 |  |  | 132,318 |  |  | 131,997 |
Basic EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 0.41 |  |  | $ | 0.89 |  |  | $ | 0.84 |  |  | $ | 1.16 |
Diluted EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 0.41 |  |  | $ | 0.88 |  |  | $ | 0.84 |  |  | $ | 1.16 |
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 June 30, 2023 |  | Three Months Ended June 30, 2022 |  | Six Months Ended June 30, 2023 |  | Six Months Ended June 30, 2022
Numerator: |  |  |  |  |  |  |
Net Income Available to Unitholders and Participating Securities | $ | 56,023 |  |  | $ | 119,419 |  |  | $ | 113,417 |  |  | $ | 156,524 |
Net Income Allocable to Participating Securities | (145) |  |  | (269) |  |  | (279) |  |  | (357) |
Net Income Available to Unitholders | $ | 55,878 |  |  | $ | 119,150 |  |  | $ | 113,138 |  |  | $ | 156,167 |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 134,702 |  |  | 134,278 |  |  | 134,694 |  |  | 134,176 |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units and certain Performance RLP Units (See Note 9) | 545 |  |  | 312 |  |  | 545 |  |  | 367 |
Weighted Average Units - Diluted | 135,247 |  |  | 134,590 |  |  | 135,239 |  |  | 134,543 |
Basic and Diluted EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.41 |  |  | $ | 0.89 |  |  | $ | 0.84 |  |  | $ | 1.16 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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