CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues:
Lease Revenue	$ 177,468	$ 162,075	$ 352,844	$ 321,810
Joint Venture Fees	306	604	732	1,273
Other Revenue	2,389	1,457	3,661	3,325
Total Revenues	180,163	164,136	357,237	326,408
Expenses:
Property Expenses	45,454	43,051	93,765	90,065
General and Administrative	8,434	9,621	24,331	21,402
Joint Venture Development Services Expense	117	371	334	797
Depreciation and Other Amortization	47,207	43,048	90,961	84,867
Total Expenses	101,212	96,091	209,391	197,131
Other Income (Expense):
Gain on Sale of Real Estate	1,121	6,135	7,965	36,987
Interest Expense	(21,722)	(21,126)	(41,191)	(42,023)
Amortization of Debt Issuance Costs	(1,328)	(912)	(2,291)	(1,824)
Total Other Income (Expense)	(21,929)	(15,903)	(35,517)	(6,860)
Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Provision	57,022	52,142	112,329	122,417
Equity in (Loss) Income of Joint Venture	(64)	1,160	3,413	2,562
Income Tax Provision	(79)	(426)	(5,979)	(1,605)
Net Income	56,879	52,876	109,763	123,374
Less: Net Income Attributable to the Noncontrolling Interests	(1,694)	(1,558)	(6,475)	(3,604)
Net Income Available to Common Stockholders / Unitholders and Participating Securities	55,185	51,318	103,288	119,770
Net Income Allocable to Participating Securities	(39)	(41)	(75)	(86)
Net Income Available to Common Stockholders / Unitholders	$ 55,146	$ 51,277	$ 103,213	$ 119,684
Basic and Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders / Unitholders - Basic	$ 0.42	$ 0.39	$ 0.78	$ 0.90
Net Income Available to Common Stockholders / Unitholders - Diluted	$ 0.42	$ 0.39	$ 0.78	$ 0.90
Weighted Average Shares/Units Outstanding - Basic	132,431	132,368	132,423	132,364
Weighted Average Shares/Units Outstanding - Diluted	132,479	132,399	132,486	132,402
First Industrial, L.P.
Revenues:
Lease Revenue	$ 177,468	$ 162,075	$ 352,844	$ 321,810
Joint Venture Fees	306	604	732	1,273
Other Revenue	2,389	1,457	3,661	3,325
Total Revenues	180,163	164,136	357,237	326,408
Expenses:
Property Expenses	45,454	43,051	93,765	90,065
General and Administrative	8,434	9,621	24,331	21,402
Joint Venture Development Services Expense	117	371	334	797
Depreciation and Other Amortization	47,207	43,048	90,961	84,867
Total Expenses	101,212	96,091	209,391	197,131
Other Income (Expense):
Gain on Sale of Real Estate	1,121	6,135	7,965	36,987
Interest Expense	(21,722)	(21,126)	(41,191)	(42,023)
Amortization of Debt Issuance Costs	(1,328)	(912)	(2,291)	(1,824)
Total Other Income (Expense)	(21,929)	(15,903)	(35,517)	(6,860)
Income from Operations Before Equity in (Loss) Income of Joint Venture and Income Tax Provision	57,022	52,142	112,329	122,417
Equity in (Loss) Income of Joint Venture	(64)	1,160	3,413	2,562
Income Tax Provision	(79)	(426)	(5,979)	(1,605)
Net Income	56,879	52,876	109,763	123,374
Less: Net Income Attributable to the Noncontrolling Interests	(24)	(171)	(3,362)	(394)
Net Income Available to Common Stockholders / Unitholders and Participating Securities	56,855	52,705	106,401	122,980
Net Income Allocable to Participating Securities	(93)	(108)	(177)	(238)
Net Income Available to Common Stockholders / Unitholders	$ 56,762	$ 52,597	$ 106,224	$ 122,742
Basic and Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders / Unitholders - Basic	$ 0.42	$ 0.39	$ 0.78	$ 0.91
Net Income Available to Common Stockholders / Unitholders - Diluted	$ 0.42	$ 0.39	$ 0.78	$ 0.91
Weighted Average Shares/Units Outstanding - Basic	135,464	135,096	135,452	135,082
Weighted Average Shares/Units Outstanding - Diluted	135,885	135,313	136,000	135,350

FIRST INDUSTRIAL REALTY TRUST INC 10-Q