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Earnings Per Share / Unit (EPS / EPU) (Tables) | 3 Months Ended
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Mar. 31, 2024
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, 2024 |  | Three Months Ended March 31, 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 68,407 |  |  | $ | 55,920 |  |  |  |  |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Shares - Basic | 132,360 |  |  | 132,211 |  |  |  |  |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units (See Note 9) | 46 |  |  | 88 |  |  |  |  |
Weighted Average Shares - Diluted | 132,406 |  |  | 132,299 |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders | $ | 0.52 |  |  | $ | 0.42 |  |  |  |  |
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, 2024 |  | Three Months Ended March 31, 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 70,145 |  |  | $ | 57,260 |  |  |  |  |
Denominator (In Thousands): |  |  |  |  |  |  |
Weighted Average Units - Basic | 135,068 |  |  | 134,686 |  |  |  |  |
Effect of Dilutive Securities: |  |  |  |  |  |  |
Performance Units and certain Performance RLP Units (See Note 9) | 319 |  |  | 545 |  |  |  |  |
Weighted Average Units - Diluted | 135,387 |  |  | 135,231 |  |  |  |  |
Basic EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.52 |  |  | $ | 0.43 |  |  |  |  |
Diluted EPU: |  |  |  |  |  |  |
Net Income Available to Unitholders | $ | 0.52 |  |  | $ | 0.42 |  |  |  |  |

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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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