Company: FR
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0000921825-25-000074
Chunk: 38

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 38
---
605)Net Income56,879 52,876 109,763 123,374 Less: Net Income Attributable to the Noncontrolling Interests(24)(171)(3,362)(394)Net Income Available to 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 Unitholders$56,762 $52,597 $106,224 $122,742 Basic and Diluted Earnings Per Unit:Net Income Available to Unitholders$0.42 $0.39 $0.78 $0.91 Weighted Average Units Outstanding - Basic135,464 135,096 135,452 135,082 Weighted Average Units Outstanding - Diluted135,885 135,313 136,000 135,350 

The accompanying notes are an integral part of the consolidated financial statements.

10

FIRST INDUSTRIAL, L.P.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited; in thousands)

Three Months Ended June 30, 2025Three Months Ended June 30, 2024Six Months Ended June 30, 2025Six Months Ended June 30, 2024Net Income$56,879 $52,876 $109,763 $123,374 Mark-to-Market (Loss) Gain on Derivative Instruments(4,851)(841)(12,862)9,480 Amortization of Derivative Instruments109 103 211 205 Settlement of Derivative Instruments(250)— (250)— Comprehensive Income51,887 52,138 96,862 133,059 Comprehensive Income Attributable to Noncontrolling Interests(24)(171)(3,362)(394)Comprehensive Income Attributable to Unitholders$51,863 $51,967 $93,500 $132,665 

The accompanying notes are an integral part of the consolidated financial statements.

11

FIRST INDUSTRIAL, L.P.

CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL

(Unaudited; in thousands, except per Unit data)

Six Months Ended June 30, 2025:GeneralPartnerUnitsLimitedPartnerUnitsAccumulatedOther