v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Investment in Real Estate:    
Land $ 1,930,876 $ 1,872,086
Buildings and Improvements 4,475,587 4,274,540
Construction in Progress 230,368 221,052
Less: Accumulated Depreciation (1,276,834) (1,191,767)
Net Investment in Real Estate 5,359,997 5,175,911
Operating Lease Right-of-Use Assets 18,973 19,589
Cash and Cash Equivalents 42,430 78,032
Tenant Accounts Receivable 7,899 11,857
Investment in Joint Venture 4,106 5,661
Deferred Rent Receivable 193,038 181,088
Prepaid Expenses and Other Assets, Net 245,861 215,943
Total Assets 5,872,304 5,688,081
Indebtedness:    
Mortgage Loan Payable 9,023 9,295
Senior Unsecured Notes, Net 1,440,216 1,438,607
Unsecured Term Loans, Net 993,996 922,494
Unsecured Credit Facility 198,000 183,000
Accounts Payable, Accrued Expenses and Other Liabilities 158,590 178,884
Operating Lease Liabilities 19,038 19,450
Rents Received in Advance and Security Deposits 113,104 114,765
Dividends and Distributions Payable 70,119 62,656
Total Liabilities 3,002,086 2,929,151
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 132,577,762 and 132,470,326 shares issued and outstanding) 1,326 1,325
Additional Paid-in Capital 2,447,864 2,436,238
Retained Earnings 309,591 230,668
Accumulated Other Comprehensive Income 17,378 3,159
Total First Industrial Realty Trust, Inc.'s Equity 2,776,159 2,671,390
Noncontrolling Interests 94,059 87,540
Total Equity 2,870,218 2,758,930
Total Liabilities and Equity/Partners' Capital 5,872,304 5,688,081
First Industrial, L.P.    
Investment in Real Estate:    
Land 1,930,876 1,872,086
Buildings and Improvements 4,475,587 4,274,540
Construction in Progress 230,368 221,052
Less: Accumulated Depreciation (1,276,834) (1,191,767)
Net Investment in Real Estate 5,359,997 5,175,911
Operating Lease Right-of-Use Assets 18,973 19,589
Cash and Cash Equivalents 42,430 78,032
Tenant Accounts Receivable 7,899 11,857
Investment in Joint Venture 4,106 5,661
Deferred Rent Receivable 193,038 181,088
Prepaid Expenses and Other Assets, Net 255,009 225,099
Total Assets 5,881,452 5,697,237
Indebtedness:    
Mortgage Loan Payable 9,023 9,295
Senior Unsecured Notes, Net 1,440,216 1,438,607
Unsecured Term Loans, Net 993,996 922,494
Unsecured Credit Facility 198,000 183,000
Accounts Payable, Accrued Expenses and Other Liabilities 158,590 178,884
Operating Lease Liabilities 19,038 19,450
Rents Received in Advance and Security Deposits 113,104 114,765
Dividends and Distributions Payable 70,119 62,656
Total Liabilities 3,002,086 2,929,151
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial, L.P.'s Partners' Capital:    
General Partner Units (132,577,762 and 132,470,326 units outstanding) 2,696,760 2,614,216
Limited Partner Units (4,453,179 and 4,031,088 units outstanding) 162,898 143,488
Accumulated Other Comprehensive Income 17,963 3,256
Total First Industrial, L.P.'s Partners' Capital 2,877,621 2,760,960
Noncontrolling Interests 1,745 7,126
Total Partners' Capital 2,879,366 2,768,086
Total Liabilities and Equity/Partners' Capital $ 5,881,452 $ 5,697,237