First industrial realty trust, inc. (FR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Lease Revenue

108,375

109,712

105,369

103,517

103,638

102,487

99,231

98,064

99,040

164,667

76,497

75,802

74,918

73,743

72,092

72,271

71,752

71,942

71,148

69,886

68,210

67,743

66,276

63,542

62,048

58,366

62,277

62,674

61,747

49,689

62,055

63,001

61,916

49,624

60,960

61,743

61,680

58,058

55,696

Other Revenue

1,968

1,046

1,221

578

903

2,595

1,025

781

731

-62,537

22,813

21,777

22,465

24,233

21,470

20,744

21,715

21,267

21,011

20,603

21,756

24,700

20,085

20,502

21,813

17,930

17,431

19,152

18,877

14,464

16,555

18,558

18,279

11,571

18,291

18,662

20,137

17,924

18,682

Construction Revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

271

-

Total Revenues

110,343

110,758

106,590

104,095

104,541

105,082

100,256

98,845

99,771

102,130

99,310

97,579

97,383

97,976

93,562

93,015

93,467

93,209

92,159

90,489

89,966

92,443

86,361

84,044

83,861

76,296

79,708

81,826

80,624

64,153

78,610

81,559

80,195

61,195

79,251

80,405

81,817

76,253

74,378

Expenses:
Property Expenses

29,081

30,642

28,396

27,379

30,168

30,424

28,466

28,553

29,411

29,659

28,452

26,897

28,486

29,543

27,539

26,875

28,367

28,966

28,044

27,827

29,791

30,000

27,262

26,921

30,316

25,135

25,312

26,609

26,658

20,331

24,423

25,573

26,190

-

-

-

-

-

-

General and Administrative

9,251

8,040

6,945

6,782

6,802

6,279

6,581

6,746

8,143

6,769

6,492

6,785

8,033

6,613

5,983

6,433

7,674

6,336

5,900

6,160

6,966

5,476

5,389

7,032

5,521

5,820

5,137

5,401

6,463

8,649

4,843

5,954

5,617

5,585

5,016

4,768

5,269

4,939

7,375

Restructuring Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

393

1,160

338

947

Depreciation and Other Amortization

30,931

31,251

30,149

29,774

30,055

30,863

28,645

28,636

28,315

29,134

29,696

29,040

28,494

28,614

28,815

28,725

31,128

28,875

28,589

28,044

28,306

28,461

27,904

27,661

27,871

25,404

27,092

28,151

26,304

20,816

28,552

29,484

32,009

27,022

32,384

28,282

27,556

31,538

29,225

Impairment of Real Estate

-

-

0

0

-

0

0

0

2,756

0

0

0

0

-

-

-

-

-

626

-

-

-

0

-

-

-

1,047

-

-

-28

0

0

-164

-1,894

1,133

-5,335

-2,779

77,906

-

Acquisition Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

153

119

155

64

1,039

45

319

0

849

0

76

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Expenses

69,263

69,933

65,490

63,935

67,025

67,566

63,692

63,935

68,625

65,562

64,640

62,722

65,013

64,923

62,456

62,188

67,233

65,216

63,204

62,350

65,063

64,786

60,555

61,690

63,743

55,643

58,588

60,161

59,425

49,808

57,818

61,011

63,652

146,835

26,682

26,875

29,449

24,743

23,719

Construction Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

247

-

Other Income (Expense):
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

13,993

71,564

52,489

1,097

-208

28,309

8,135

25,067

20,089

79,129

23,271

20,860

8,009

7,374

16,802

36,775

7,251

35,822

2,957

2,197

7,930

-83

0

0

0

547

291

0

262

0

3,777

0

0

-

1,370

-

-

-214

-

Income (Loss) Before (Loss) Gain on Sale of Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,472

11,362

-1,385

-2,404

5,419

-10,366

1,055

-

-5,455

-

-

-162,271

-15,109

Total Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,215

54,983

60,655

139,711

61,266

Interest Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

681

671

702

600

591

600

563

613

656

678

927

888

1,167

887

980

1,037

1,008

Interest Expense

12,804

12,708

12,466

12,332

12,767

12,957

12,424

12,603

12,791

13,539

14,376

14,915

14,369

14,175

14,407

14,589

16,259

17,745

16,674

16,363

16,642

16,886

17,322

18,924

19,046

18,167

17,997

18,431

18,963

19,514

20,127

21,172

22,693

23,196

24,446

25,746

26,739

25,542

25,637

Amortization of Debt Issuance Costs

788

788

805

794

831

854

850

845

855

826

778

780

778

782

782

782

873

868

781

764

746

738

753

803

804

757

781

833

854

867

868

850

875

726

1,075

1,077

1,085

798

793

Settlement Gain on Derivative Instruments

-

-

-

-

-

-

-

-

-

-

1,848

-

-

-

0

-

-

0

0

1,444

-12,990

0

0

0

0

0

0

56

-4

6

-29

-429

124

-158

-1,372

-232

44

-330

-1,324

Loss from Retirement of Debt

-

-

0

0

-

0

0

0

-39

-122

0

0

-1,653

0

0

0

0

-

-

-

-

-

-32

-623

-

-389

-662

-4,436

-1,150

-3,038

-424

-6,223

1

-855

-345

-3,233

-1,026

-19

-4,320

Foreign Currency Exchange Loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-332

-

-

-

-190

Total Other Income (Expense)

401

58,068

39,218

-12,029

-13,806

14,498

-5,139

11,619

6,404

64,690

9,965

5,165

-8,791

-7,583

1,613

21,404

-9,881

17,209

-14,498

-13,486

-22,448

-19,761

-17,426

-19,679

-19,148

-17,613

-18,849

-23,044

-20,408

-22,800

-20,792

-27,996

-22,516

-24,047

-26,403

-29,401

-27,826

-25,652

-31,256

Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Benefit (Provision)

41,481

98,893

80,318

28,131

23,710

52,014

31,425

46,529

37,550

101,258

44,635

40,022

23,579

25,470

32,719

52,231

16,353

45,202

14,457

14,653

2,455

7,896

8,380

2,675

970

3,040

2,271

-1,379

791

-8,455

0

-7,448

-5,973

-11,840

-12,367

-3,979

-6,664

-89,110

-18,144

Income (Loss) from Equity Method Investments

-29

-53

-72

15,516

844

-77

-197

-2

0

-

0

0

-

-

-

-

-

-6

-6

-4

71

-9

-14

556

2,966

17

72

27

20

1,403

28

37

91

73

772

99

36

-398

582

Gain on Change in Control of Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

776

-

-

689

-

-

-

Gain on Sale of Joint Venture Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,874

-

Income Tax Benefit (Provision)

-77

14

244

2,934

214

1

-302

123

86

-43

-21

1,169

88

857

51

123

58

-10

-14

81

60

46

103

79

10

-7

63

3

-62

264

-5

5,354

-91

402

-36

162

-78

-247

2,511

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,841

8,263

3,152

3,926

3,064

2,280

-1,355

873

-7,316

33

-12,765

-5,015

-12,169

-11,559

-3,353

-6,550

-79,387

-20,073

Discontinued Operations:
Income Attributable to Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

193

504

732

406

1,221

949

-764

816

4,252

966

1,013

-129

4,130

94

1,254

-1,128

-84,833

-

Gain on Sale of Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,505

13,428

320

735

18,694

5,243

13,481

-3,074

660

4,420

1,386

6,199

7,068

6,010

3,537

3,804

1,949

-

Income from Discontinued Operations (Including Gain on Sale of Real Estate of $3,537 and $3,610 for the Three Months Ended June 30, 2011 and June 30, 2010, respectively, and $7,341 and $7,619 for the Six Months Ended June 30, 2011 and June 30, 2010, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,964

Provision for Income Taxes Allocable to Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-802

7

1,532

509

-

0

Income from Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,698

13,932

1,052

1,141

19,915

6,192

12,717

-2,258

4,912

5,386

2,399

6,070

11,993

6,104

3,259

2,167

-82,884

-

Provision for Income Taxes Allocable to Gain on Sale of Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-452

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

41,529

98,826

80,002

40,713

24,340

51,936

31,530

46,404

37,464

101,301

44,656

38,853

23,491

24,613

32,668

52,108

16,295

45,206

14,465

14,568

2,466

19,539

22,195

4,204

5,067

22,426

8,763

11,362

-1,123

-2,404

9,196

-10,366

1,055

-176

-4,537

-94

-4,383

-162,485

-15,109

Less: Net Income Attributable to the Noncontrolling Interest

895

1,965

1,691

913

537

1,109

619

1,195

1,172

3,314

1,458

1,291

782

817

1,149

1,879

607

1,706

548

556

93

758

868

165

104

877

219

245

-220

-433

277

-838

-207

-255

-547

-290

-653

-13,100

-1,561

Net Income Available to Common Stockholders / Unitholders and Participating Securities

40,634

96,861

78,311

39,800

23,803

50,827

30,911

45,209

36,292

97,987

43,198

37,562

22,709

23,796

31,519

50,229

15,688

-

-

-

-

18,781

21,327

4,039

4,963

21,549

8,544

11,117

-903

-1,971

8,919

-9,528

1,262

79

-3,990

196

-3,730

-149,385

-13,548

Less: Preferred Dividends/Unit Distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,019

1,227

1,392

2,277

3,837

4,662

4,725

4,798

4,762

4,763

4,928

4,947

4,927

4,884

4,979

Less: Redemption of Preferred Stock/Units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,462

0

2,121

3,546

0

-

0

0

-

-

-

-

-

-

-

Net Income Available to Common Stockholders/Unitholders and Participating Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,917

14,012

2,373

18,781

21,327

4,039

2,482

20,322

5,031

5,294

-4,740

-8,437

4,194

-14,326

-3,500

-4,684

-8,918

-4,751

-8,657

-154,269

-18,527

Basic Earnings Per Share / Unit:
Income from Continuing Operations Available to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from Discontinued Operations Attributable to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Available to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

0.36

-

-

-

0.27

-

-

-

0.13

-

-

-

0.19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted Earnings Per Share / Unit:
Income from Continuing Operations Available to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from Discontinued Operations Attributable to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Available to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

0.36

-

-

-

0.27

-

-

-

0.13

-

-

-

0.19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and Diluted Earnings Per Share / Unit:
Income from Continuing Operations Available to First Industrial Realty Trust, Inc.s Common Stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.01

-

0.00

-0.06

-0.03

-0.13

-0.01

-0.19

-0.11

-0.19

-0.17

-0.10

-0.15

-1.23

-0.37

Income from Discontinued Operations Attributable to First Industrial Realty Trust, Inc.s Common Stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

-

0.05

0.11

-0.02

0.05

0.05

0.03

0.07

0.13

0.07

0.04

0.03

-1.21

0.07

Net Income Available to Common Stockholders / Unitholders

0.32

-

0.62

0.31

0.19

-

0.24

0.36

0.30

-

-

0.32

0.19

-

-

0.43

0.14

-

-

0.13

0.02

-

-

0.04

0.02

-

0.05

0.05

-0.05

-0.08

0.04

-0.16

-0.04

-0.06

-0.10

-0.06

-0.12

-2.44

-0.29

Dividends/Distributions Per Share/Unit

-

-

-

-

-

-

-

-

-

-

0.21

0.21

0.21

0.19

0.19

0.19

0.19

0.12

0.12

0.12

0.12

0.10

0.10

0.10

0.10

0.08

0.08

0.08

0.08

0.00

0.00

0.00

0.00

-

-

-

-

-

-

Weighted Average Shares/Units Outstanding - Basic

126,934

126,688

126,480

126,206

126,194

125,986

125,768

123,616

119,846

119,506

119,446

117,299

116,837

116,669

116,467

116,191

110,793

110,394

110,356

110,348

110,310

110,125

110,072

109,815

109,676

109,615

109,474

108,117

100,774

-

-

-

-

-

-

-

70,639

-

-

Weighted Average Shares/Units Outstanding - Diluted

127,111

127,036

126,783

126,489

126,456

126,338

126,130

124,085

120,211

120,118

119,990

117,779

117,261

117,073

116,864

116,558

110,985

110,918

110,848

110,683

110,675

110,410

110,271

110,404

110,215

109,615

109,474

108,117

100,774

-

-

-

-

-

-

-

-

-

-

Weighted Average Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93,488

87,981

86,575

-

85,930

79,727

-

63,100

62,838

First Industrial, L.P.
Lease Revenue

108,375

109,712

105,369

103,517

103,638

102,487

99,231

98,064

99,040

164,667

76,497

75,802

74,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenue

1,968

1,046

1,221

578

903

2,595

1,025

781

731

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tenant Recoveries and Other Income

-

-

-

-

-

-

-

-

-

-

22,813

21,777

22,465

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Revenues

110,343

110,758

106,590

104,095

104,541

105,082

100,256

98,845

99,771

102,130

99,310

97,579

97,383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property Expenses

29,081

30,642

28,396

27,379

30,168

30,424

28,466

28,553

29,411

29,659

28,452

26,897

28,486

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and Administrative

9,251

8,040

6,945

6,782

6,802

6,279

6,581

6,746

8,143

6,769

6,492

6,785

8,033

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Other Amortization

30,931

31,251

30,149

29,774

30,055

30,863

28,645

28,636

28,315

29,134

29,696

29,040

28,494

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Real Estate

-

-

0

0

-

0

0

0

2,756

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Expenses

69,263

69,933

65,490

63,935

67,025

67,566

63,692

63,935

68,625

65,562

64,640

62,722

65,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

13,993

71,564

52,489

1,097

-208

28,309

8,135

25,067

20,089

79,129

23,271

20,860

8,009

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

12,804

12,708

12,466

12,332

12,767

12,957

12,424

12,603

12,791

13,539

14,376

14,915

14,369

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Debt Issuance Costs

788

788

805

794

831

854

850

845

855

826

778

780

778

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement Gain on Derivative Instruments

-

-

-

-

-

-

-

-

-

-

1,848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from Retirement of Debt

-

-

0

0

-

0

0

0

-39

-122

0

0

-1,653

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Income (Expense)

401

58,068

39,218

-12,029

-13,806

14,498

-5,139

11,619

6,404

64,690

9,965

5,165

-8,791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Benefit (Provision)

41,481

98,893

80,318

28,131

23,710

52,014

31,425

46,529

37,550

101,258

44,635

40,022

23,579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-29

-53

-72

15,516

844

-77

-197

-2

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Tax Benefit (Provision)

-77

14

244

2,934

214

1

-302

123

86

-43

-21

1,169

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

41,529

98,826

80,002

40,713

24,340

51,936

31,530

46,404

37,464

101,301

44,656

38,853

23,491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net Income Attributable to the Noncontrolling Interest

50

170

33

24

26

23

22

22

21

47

43

26

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Available to Common Stockholders / Unitholders and Participating Securities

41,479

98,656

79,969

40,689

24,314

51,913

31,508

46,382

37,443

101,254

44,613

38,827

23,464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Available to Common Stockholders/Unitholders

-

-

-

-

-

-

-

-

-

-

0.36

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends/Distributions Per Share/Unit

-

-

-

-

-

-

-

-

-

-

0.21

0.21

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Available to Common Stockholders / Unitholders

0.32

0.77

0.62

0.31

0.19

0.41

0.24

0.36

0.30

0.83

0.36

0.32

0.19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Shares/Units Outstanding - Basic

129,070

128,838

128,837

128,831

128,818

128,597

128,526

126,832

123,729

123,525

123,483

121,339

120,877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Shares/Units Outstanding - Diluted

129,400

129,309

129,256

129,221

129,178

128,949

128,888

127,301

124,094

124,137

124,027

121,819

121,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-