CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 9,305	$ 10,265
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Depreciation	41,694	41,334
Amortization of Deferred Financing Costs	1,519	1,590
Other Amortization	16,179	14,155
Impairment of Real Estate	0	1,605
Provision for Bad Debt	632	484
Equity in Income of Joint Ventures	(3,522)	(47)
Distributions from Joint Ventures	1,881	0
Gain on Sale of Real Estate	(714)	(10,669)
Loss from Retirement of Debt	493	5,372
Mark-to-Market Gain on Interest Rate Protection Agreements	0	(52)
Equity in Income of Other Real Estate Partnerships	(5,610)	(4,571)
Distributions from Investment in Other Real Estate Partnerships	5,610	4,571
Increase in Tenant Accounts Receivable, Prepaid Expenses and Other Assets, Net	(6,379)	(249)
Increase in Deferred Rent Receivable	(147)	(2,283)
Decrease in Accounts Payable, Accrued Expenses, Other Liabilities, Rents Received in Advance and Security Deposits	(11,711)	(16,545)
Payments of Premiums, Discounts and Prepayment Penalties Associated with Retirement of Debt	(10,552)	(3,990)
Cash Book Overdraft	367	0
Net Cash Provided by Operating Activities	39,045	40,970
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions of Real Estate	(31,125)	(47,293)
Additions to Investment in Real Estate and Non-Acquisition Tenant Improvements and Lease Costs	(41,770)	(43,767)
Net Proceeds from Sales of Investments in Real Estate	1,501	50,375
Investments in and Advances to Other Real Estate Partnerships	(11,963)	(24,646)
Distributions from Other Real Estate Partnerships in Excess of Equity in Income	13,978	12,864
Contributions to and Investments in Joint Ventures	(13)	(18)
Distributions from Joint Ventures	2,469	0
Repayments of Notes Receivable	26,946	295
Increase in Escrows	(514)	(409)
Net Cash Used in Investing Activities	(40,491)	(52,599)
CASH FLOWS FROM FINANCING ACTIVITIES:
Debt and Equity Issuance and Redemption Costs	(2,060)	(311)
Unit Contributions	0	174,081
Repurchase and Retirement of Restricted Units	(2,060)	(2,732)
Common Unit Distributions Paid	(21,582)	(9,540)
Preferred Unit Distributions Paid	(1,471)	(6,114)
Redemption of Preferred Units	(75,000)	(100,000)
Payments on Interest Rate Swap Agreement	0	(598)
Repayments on Mortgage Loans Payable	(41,145)	(24,429)
Repayments of Senior Unsecured Notes	(71,578)	(28,965)
Proceeds from Unsecured Term Loan	200,000	0
Proceeds from Unsecured Credit Facility	262,000	194,000
Repayments on Unsecured Credit Facility	(248,000)	(184,000)
Net Cash (Used in) Provided by Financing Activities	(896)	11,392
Net Effect of Exchange Rate Changes on Cash and Cash Equivalents	(27)	(43)
Net Decrease in Cash and Cash Equivalents	(2,342)	(237)
Cash and Cash Equivalents, Beginning of Year	6,518	4,357
Cash and Cash Equivalents, End of Year	$ 4,149	$ 4,077

FIRST INDUSTRIAL LP 10-Q