CONSOLIDATED STATEMENT OF CHANGES IN EQUITY/ PARTNERS' CAPITAL - USD ($)
$ in Thousands |
Total |
Common Stock |
Additional Paid-in Capital |
Retained Earnings |
Accumulated Other Comprehensive Income (Loss) |
Noncontrolling Interests |
First Industrial, L.P. |
First Industrial, L.P.
General Partner Units
|
First Industrial, L.P.
Limited Partner Units
|
First Industrial, L.P.
Accumulated Other Comprehensive Income (Loss)
|
First Industrial, L.P.
Noncontrolling Interests
|
| Beginning Balance at Dec. 31, 2024 |
$ 2,746,028
|
$ 1,323
|
$ 2,425,253
|
$ 219,095
|
$ 19,936
|
$ 80,421
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
|
|
|
|
|
|
$ 2,755,257
|
$ 2,598,962
|
$ 127,870
|
$ 20,485
|
$ 7,940
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
52,884
|
|
|
48,103
|
|
4,781
|
52,884
|
48,071
|
1,475
|
|
3,338
|
| Other Comprehensive Income (Loss) |
(7,909)
|
|
|
|
(7,674)
|
(235)
|
(7,909)
|
|
|
(7,909)
|
|
| Stock Based Compensation Activity |
13,073
|
1
|
320
|
271
|
|
12,481
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
13,073
|
592
|
12,481
|
|
|
| Common Stock Dividends and Unit Distributions |
(60,854)
|
|
|
(59,035)
|
|
(1,819)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(60,854)
|
(59,035)
|
(1,819)
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
|
27
|
|
|
(27)
|
0
|
27
|
(27)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
3,520
|
|
|
(3,520)
|
|
|
|
|
|
| Reallocation - Other Comprehensive Income |
0
|
|
|
|
(63)
|
63
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
6
|
|
|
|
6
|
| Distributions to Noncontrolling Interests |
|
|
|
|
|
|
(25)
|
|
|
|
(25)
|
| Ending Balance at Mar. 31, 2025 |
2,743,222
|
1,324
|
2,429,120
|
208,434
|
12,199
|
92,145
|
|
|
|
|
|
| Ending Balance at Mar. 31, 2025 |
|
|
|
|
|
|
2,752,432
|
2,588,617
|
139,980
|
12,576
|
11,259
|
| Beginning Balance at Dec. 31, 2024 |
2,746,028
|
1,323
|
2,425,253
|
219,095
|
19,936
|
80,421
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
|
|
|
|
|
|
2,755,257
|
2,598,962
|
127,870
|
20,485
|
7,940
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
177,127
|
|
|
|
|
|
177,127
|
|
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
0
|
268
|
|
|
(268)
|
0
|
268
|
(268)
|
|
|
| Ending Balance at Sep. 30, 2025 |
2,740,788
|
1,324
|
2,433,808
|
210,966
|
5,255
|
89,435
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2025 |
|
|
|
|
|
|
2,749,962
|
2,592,840
|
143,081
|
5,418
|
8,623
|
| Beginning Balance at Mar. 31, 2025 |
2,743,222
|
1,324
|
2,429,120
|
208,434
|
12,199
|
92,145
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2025 |
|
|
|
|
|
|
2,752,432
|
2,588,617
|
139,980
|
12,576
|
11,259
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
56,879
|
|
|
55,185
|
|
1,694
|
56,879
|
55,153
|
1,702
|
|
24
|
| Other Comprehensive Income (Loss) |
(4,992)
|
|
|
|
(4,842)
|
(150)
|
(4,992)
|
|
|
(4,992)
|
|
| Stock Based Compensation Activity |
2,292
|
|
1,027
|
|
|
1,265
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
2,292
|
1,027
|
1,265
|
|
|
| Common Stock Dividends and Unit Distributions |
(60,305)
|
|
|
(58,959)
|
|
(1,346)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(60,305)
|
(58,959)
|
(1,346)
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
|
74
|
|
|
(74)
|
0
|
74
|
(74)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
1,461
|
|
|
(1,461)
|
|
|
|
|
|
| Reallocation - Other Comprehensive Income |
0
|
|
|
|
(1)
|
1
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
8
|
|
|
|
8
|
| Distributions to Noncontrolling Interests |
(2,703)
|
|
|
|
|
(2,703)
|
(2,733)
|
|
|
|
(2,733)
|
| Ending Balance at Jun. 30, 2025 |
2,734,393
|
1,324
|
2,431,682
|
204,660
|
7,356
|
89,371
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2025 |
|
|
|
|
|
|
2,743,581
|
2,585,912
|
141,527
|
7,584
|
8,558
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
67,364
|
|
|
65,306
|
|
2,058
|
67,364
|
65,273
|
2,012
|
|
79
|
| Other Comprehensive Income (Loss) |
(2,166)
|
|
|
|
(2,101)
|
(65)
|
(2,166)
|
|
|
(2,166)
|
|
| Stock Based Compensation Activity |
1,762
|
|
488
|
|
|
1,274
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
1,762
|
488
|
1,274
|
|
|
| Common Stock Dividends and Unit Distributions |
(60,565)
|
|
|
(59,000)
|
|
(1,565)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(60,565)
|
(59,000)
|
(1,565)
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
|
167
|
|
|
(167)
|
0
|
167
|
(167)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
1,471
|
|
|
(1,471)
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
7
|
|
|
|
7
|
| Distributions to Noncontrolling Interests |
|
|
|
|
|
|
(21)
|
|
|
|
(21)
|
| Ending Balance at Sep. 30, 2025 |
2,740,788
|
1,324
|
2,433,808
|
210,966
|
5,255
|
89,435
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2025 |
|
|
|
|
|
|
2,749,962
|
2,592,840
|
143,081
|
5,418
|
8,623
|
| Beginning Balance at Dec. 31, 2025 |
2,758,930
|
1,325
|
2,436,238
|
230,668
|
3,159
|
87,540
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2025 |
|
|
|
|
|
|
2,768,086
|
2,614,216
|
143,488
|
3,256
|
7,126
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
147,918
|
|
|
143,101
|
|
4,817
|
147,918
|
143,071
|
4,803
|
|
44
|
| Other Comprehensive Income (Loss) |
4,032
|
|
|
|
3,901
|
131
|
4,032
|
|
|
4,032
|
|
| Stock Based Compensation Activity |
14,057
|
1
|
813
|
(667)
|
|
13,910
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
14,057
|
147
|
13,910
|
|
|
| Common Stock Dividends and Unit Distributions |
(68,339)
|
|
|
(66,371)
|
|
(1,968)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(68,339)
|
(66,371)
|
(1,968)
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
0
|
864
|
|
|
(864)
|
0
|
864
|
(864)
|
|
|
| Retirement of Limited Partner Units |
(19)
|
|
|
|
|
(19)
|
(19)
|
|
(19)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
4,778
|
|
|
(4,778)
|
|
|
|
|
|
| Reallocation - Other Comprehensive Income |
0
|
|
|
|
(10)
|
10
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
2
|
|
|
|
2
|
| Distributions to Noncontrolling Interests |
(5,280)
|
|
|
|
|
(5,280)
|
(5,303)
|
|
|
|
(5,303)
|
| Ending Balance at Mar. 31, 2026 |
2,851,299
|
1,326
|
2,442,693
|
306,731
|
7,050
|
93,499
|
|
|
|
|
|
| Ending Balance at Mar. 31, 2026 |
|
|
|
|
|
|
2,860,434
|
2,691,927
|
159,350
|
7,288
|
1,869
|
| Beginning Balance at Dec. 31, 2025 |
2,758,930
|
1,325
|
2,436,238
|
230,668
|
3,159
|
87,540
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2025 |
|
|
|
|
|
|
2,768,086
|
2,614,216
|
143,488
|
3,256
|
7,126
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
288,135
|
|
|
|
|
|
288,135
|
|
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
0
|
966
|
|
|
(966)
|
0
|
966
|
(966)
|
|
|
| Ending Balance at Sep. 30, 2026 |
2,870,218
|
1,326
|
2,447,864
|
309,591
|
17,378
|
94,059
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2026 |
|
|
|
|
|
|
2,879,366
|
2,696,760
|
162,898
|
17,963
|
1,745
|
| Beginning Balance at Mar. 31, 2026 |
2,851,299
|
1,326
|
2,442,693
|
306,731
|
7,050
|
93,499
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2026 |
|
|
|
|
|
|
2,860,434
|
2,691,927
|
159,350
|
7,288
|
1,869
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
79,694
|
|
|
77,096
|
|
2,598
|
79,694
|
77,065
|
2,589
|
|
40
|
| Other Comprehensive Income (Loss) |
4,419
|
|
|
|
4,275
|
144
|
4,419
|
|
|
4,419
|
|
| Stock Based Compensation Activity |
2,611
|
0
|
1,017
|
0
|
|
1,594
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
2,611
|
1,017
|
1,594
|
|
|
| Common Stock Dividends and Unit Distributions |
(68,177)
|
|
|
(66,349)
|
|
(1,828)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(68,177)
|
(66,349)
|
(1,828)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
1,656
|
|
|
(1,656)
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
3
|
|
|
|
3
|
| Distributions to Noncontrolling Interests |
(216)
|
|
|
|
|
(216)
|
(232)
|
|
|
|
(232)
|
| Ending Balance at Jun. 30, 2026 |
2,869,630
|
1,326
|
2,445,366
|
317,478
|
11,325
|
94,135
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2026 |
|
|
|
|
|
|
2,878,752
|
2,703,660
|
161,705
|
11,707
|
1,680
|
| Increase (Decrease) in Equity / Partners' Capital [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
60,523
|
|
|
58,550
|
|
1,973
|
60,523
|
58,517
|
1,967
|
|
39
|
| Other Comprehensive Income (Loss) |
6,256
|
|
|
|
6,053
|
203
|
6,256
|
|
|
6,256
|
|
| Stock Based Compensation Activity |
2,544
|
|
918
|
0
|
|
1,626
|
|
|
|
|
|
| Stock Based Compensation Activity |
|
|
|
|
|
|
2,544
|
918
|
1,626
|
|
|
| Common Stock Dividends and Unit Distributions |
(68,735)
|
|
|
(66,437)
|
|
(2,298)
|
|
|
|
|
|
| Unit Distributions |
|
|
|
|
|
|
(68,735)
|
(66,437)
|
(2,298)
|
|
|
| Conversion of Limited Partner Units to Common Stock / General Partner Units |
0
|
|
102
|
|
|
(102)
|
0
|
102
|
(102)
|
|
|
| Reallocation - Additional Paid-in Capital |
0
|
|
1,478
|
|
|
(1,478)
|
|
|
|
|
|
| Contributions from Noncontrolling Interests |
|
|
|
|
|
|
49
|
|
|
|
49
|
| Distributions to Noncontrolling Interests |
|
|
|
|
|
|
(23)
|
|
|
|
(23)
|
| Ending Balance at Sep. 30, 2026 |
$ 2,870,218
|
$ 1,326
|
$ 2,447,864
|
$ 309,591
|
$ 17,378
|
$ 94,059
|
|
|
|
|
|
| Ending Balance at Sep. 30, 2026 |
|
|
|
|
|
|
$ 2,879,366
|
$ 2,696,760
|
$ 162,898
|
$ 17,963
|
$ 1,745
|