FIRST INDUSTRIAL REALTY TRUST, INC. FR Income Statement

First industrial realty trust, inc. (FR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Lease Revenue
422,236	398,822	391,884	289,858	281,186	259,609	245,064	236,661	234,007	243,916	246,027
Other Revenue
3,748	5,132	4,518	88,162	84,637	87,100	73,390	67,856	68,661	75,917	83,588
Construction Revenues
-	-	-	-	-	-	-	-	-	869	54,957
Total Revenues
425,984	403,954	396,402	378,020	365,823	346,709	318,454	304,517	302,668	320,702	384,572
Expenses:
Property Expenses
116,585	116,854	113,494	112,324	114,628	114,499	103,714	96,517	101,281	106,632	-
General and Administrative
28,569	27,749	28,079	26,703	25,362	23,418	22,821	25,063	20,638	26,589	37,835
Restructuring Costs
-	-	-	-	-	-	-	-	1,553	1,858	7,806
Depreciation and Other Amortization
121,229	116,459	116,364	117,282	113,814	111,897	106,951	110,861	115,244	126,265	131,871
Impairment of Real Estate
0	2,756	0	0	626	0	0	-192	-8,875	128,526	5,617
Acquisition Costs
-	-	-	491	1,403	960	331	40	-	-	-
Total Expenses
266,383	263,818	257,937	256,800	255,833	250,774	233,817	232,289	229,841	390,377	111,280
Construction Expenses
-	-	-	-	-	-	-	-	-	507	52,720
Other Income (Expense):
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
124,942	81,600	131,269	68,202	48,906	-83	1,100	3,777	1,370	859	374
Income (Loss) Before (Loss) Gain on Sale of Real Estate
-	-	-	-	-	-	-	-6,296	-10,108	-222,136	3,955
Total Expenses
-	-	-	-	-	-	-	-	-	-	347,129
Interest Income
-	-	-	-	-	-	2,354	2,874	3,922	4,364	3,084
Interest Expense
50,273	50,775	57,199	59,430	67,424	72,178	73,558	83,506	100,127	105,898	114,768
Amortization of Debt Issuance Costs
3,218	3,404	3,162	3,219	3,159	3,098	3,225	3,460	3,963	3,473	3,030
Settlement Gain on Derivative Instruments
0	0	1,896	0	-11,546	0	52	-328	-1,718	-1,107	3,667
Loss from Retirement of Debt
0	-39	-1,775	0	0	-655	-6,637	-9,684	-5,459	-4,304	34,562
Foreign Currency Exchange Loss
-	-	-	-	-	-	-	-	-332	-190	-
Total Other Income (Expense)
71,451	27,382	71,029	5,553	-33,223	-76,014	-79,914	-94,104	-107,677	-110,608	-76,485
Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Benefit (Provision)
231,052	167,518	209,494	126,773	76,767	19,921	4,723	-21,876	-34,850	-180,283	-39,042
Income (Loss) from Equity Method Investments
16,235	-276	0	0	55	3,499	136	1,559	980	675	-6,470
Gain on Change in Control of Interests
-	-	-	-	-	-	-	776	689	-	-
Gain on Sale of Joint Venture Interests
-	-	-	-	-	-	-	-	-	11,226	-
Income Tax Benefit (Provision)
3,406	-92	1,193	1,089	117	238	-3	5,522	450	2,963	-25,185
Income from Continuing Operations
-	-	-	-	-	23,182	4,862	-25,063	-33,631	-171,345	-20,327
Discontinued Operations:
Income Attributable to Discontinued Operations
-	-	-	-	-	1,835	2,222	6,102	4,350	-61,883	1,922
Gain on Sale of Real Estate
-	-	-	-	-	25,988	34,344	12,665	20,419	11,092	24,206
Provision for Income Taxes Allocable to Discontinued Operations
-	-	-	-	-	-	-	-	1,246	-	1,846
Income from Discontinued Operations
-	-	-	-	-	27,823	36,566	18,767	23,523	-50,791	24,282
Provision for Income Taxes Allocable to Gain on Sale of Real Estate
-	-	-	-	-	-	-	0	452	342	143
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
243,881	167,334	208,301	125,684	76,705	51,005	41,428	-2,519	-9,190	-221,619	4,186
Less: Net Income Attributable to the Noncontrolling Interest
5,106	4,095	6,845	4,452	2,903	1,895	1,121	-1,201	-1,745	-18,798	-1,547
Net Income Available to Common Stockholders / Unitholders and Participating Securities
238,775	163,239	201,456	121,232	73,802	49,110	40,307	-1,318	-7,445	-202,821	5,733
Less: Preferred Dividends/Unit Distributions
-	-	-	-	-	1,019	8,733	18,947	19,565	19,677	19,516
Less: Redemption of Preferred Stock/Units
-	-	-	-	-	1,462	5,667	1,804	0	-	-
Net Income Available to Common Stockholders/Unitholders and Participating Securities
-	-	-	-	-	46,629	25,907	-22,069	-27,010	-222,498	-13,783
Basic Earnings Per Share / Unit:
Income from Continuing Operations Available to Common Stockholders/Unitholders
-	-	-	-	-	0.18	-0.09	-	-	-	-
Income from Discontinued Operations Attributable to Common Stockholders/Unitholders
-	-	-	-	-	0.24	0.33	-	-	-	-
Net Income Available to Common Stockholders/Unitholders
1.89	1.31	1.70	1.05	0.67	0.42	0.24	-	-	-	-
Diluted Earnings Per Share / Unit:
Income from Continuing Operations Available to Common Stockholders/Unitholders
-	-	-	-	-	0.18	-0.09	-	-	-	-
Income from Discontinued Operations Attributable to Common Stockholders/Unitholders
-	-	-	-	-	0.24	0.33	-	-	-	-
Net Income Available to Common Stockholders/Unitholders
1.88	1.31	1.69	1.05	0.66	0.42	0.24	-	-	-	-
Basic and Diluted Earnings Per Share / Unit:
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.s Common Stockholders
-	-	-	-	-	-	-	-0.44	-0.61	-2.79	-0.73
Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.s Common Stockholders
-	-	-	-	-	-	-	0.20	0.27	-0.74	0.45
Net Income Available to Common Stockholders / Unitholders
-	-	-	-	-	-	-	-0.24	-0.34	-3.53	-0.28
Dividends/Distributions Per Share/Unit
-	-	-	0.76	0.51	0.41	0.34	0.00	0.00	0.00	0.00
Weighted Average Shares/Units Outstanding - Basic
126,392	123,804	118,272	115,030	110,352	109,922	106,995	91,468	-	-	48,695
Weighted Average Shares/Units Outstanding - Diluted
126,691	124,191	118,787	115,370	110,781	110,325	106,995	91,468	-	-	-
Weighted Average Shares Outstanding
-	-	-	-	-	-	-	-	80,616	62,953	-
First Industrial, L.P.
Lease Revenue
422,236	398,822	391,884	289,858	-	-	-	-	-	-	-
Other Revenue
3,748	5,132	4,518	-	-	-	-	-	-	-	-
Tenant Recoveries and Other Income
-	-	-	88,162	-	-	-	-	-	-	-
Total Revenues
425,984	403,954	396,402	378,020	-	-	-	-	-	-	-
Property Expenses
116,585	116,854	113,494	112,324	-	-	-	-	-	-	-
General and Administrative
28,569	27,749	28,079	26,703	-	-	-	-	-	-	-
Depreciation and Other Amortization
121,229	116,459	116,364	117,282	-	-	-	-	-	-	-
Impairment of Real Estate
0	2,756	0	0	-	-	-	-	-	-	-
Acquisition Costs
-	-	-	491	-	-	-	-	-	-	-
Total Expenses
266,383	263,818	257,937	256,800	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
124,942	81,600	131,269	68,202	-	-	-	-	-	-	-
Interest Expense
50,273	50,775	57,199	59,430	-	-	-	-	-	-	-
Amortization of Debt Issuance Costs
3,218	3,404	3,162	3,219	-	-	-	-	-	-	-
Settlement Gain on Derivative Instruments
0	0	1,896	0	-	-	-	-	-	-	-
Loss from Retirement of Debt
0	-39	-1,775	0	-	-	-	-	-	-	-
Total Other Income (Expense)
71,451	27,382	71,029	5,553	-	-	-	-	-	-	-
Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Benefit (Provision)
231,052	167,518	209,494	126,773	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
16,235	-276	0	0	-	-	-	-	-	-	-
Income Tax Benefit (Provision)
3,406	-92	1,193	1,089	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
243,881	167,334	208,301	125,684	-	-	-	-	-	-	-
Less: Net Income Attributable to the Noncontrolling Interest
253	88	143	137	-	-	-	-	-	-	-
Net Income Available to Common Stockholders / Unitholders and Participating Securities
243,628	167,246	208,158	125,547	-	-	-	-	-	-	-
Net Income Available to Common Stockholders/Unitholders
1.88	1.31	1.69	1.05	-	-	-	-	-	-	-
Dividends/Distributions Per Share/Unit
-	-	-	0.76	-	-	-	-	-	-	-
Net Income Available to Common Stockholders / Unitholders
1.89	1.31	1.70	1.05	-	-	-	-	-	-	-
Weighted Average Shares/Units Outstanding - Basic
128,831	126,921	122,306	119,274	-	-	-	-	-	-	-
Weighted Average Shares/Units Outstanding - Diluted
129,241	127,308	122,821	119,614	-	-	-	-	-	-	-