Company: FR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000921825-25-000019
Chunk: 545

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 13
Chunk 545
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 "at-the-market" offerings (the "ATM"). Under the terms of the ATM, sales are to be made through transactions that are deemed to be "at-the-market" offerings, including sales made directly on the New York Stock Exchange, sales made through a market maker other than on an exchange or sales made through privately negotiated transactions. During the years ended December 31, 2024 and 2023, we did not issue shares of the Company's common stock under the ATM Program. During the year ended December 31, 2022, we issued 218,230 shares of the Company's common stock in "at-the-market" offerings pursuant to distribution agreements that were entered into on February 14, 2020 (the "Prior ATM") and which were terminated on February 24, 2023 in connection with the ATM Program. The issuance of common stock in "at-the-market" offerings pursuant to the Prior ATM during the year ended December 31, 2022 resulted in $12,823 of net proceeds and payment of compensation to certain sales agents of $130. Dividends/DistributionsThe following table summarizes dividends/distributions accrued during the past three years:  2024TotalDividend/Distribution2023TotalDividend/Distribution2022TotalDividend/DistributionCommon Stock/Operating Partnership Units$201,065 $173,255 $159,976 

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7. Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the Company and the Operating Partnership for the years ended December 31, 2024 and 2023:Derivative InstrumentsTotal for Operating PartnershipComprehensive Income (Loss) Attributable to Noncontrolling InterestTotal for CompanyBalance as of December 31, 2022$34,186 $34,186 $(774)$33,412 Other Comprehensive Income Before Reclassifications9,829 9,829 204 10,033 Amounts Reclassified from Accumulated Other Comprehensive Income(21,173)(21,173)— (21,173)Net Current Period Other Comprehensive Loss(11,344)(11,344)204 (11,140)Balance as of December 31, 2023$22,842 $22,842 $(570)$22,272 Other Comprehensive Income Before Reclassifications20,410 20,410 21 20,431 Amounts Reclassified from Accum