Company: FR
Filing Date: 2025-10-17
Form Type: 10-Q
Source: 0000921825-25-000107
Chunk: 56

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-10-17
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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,838 at September 30, 2025 and December 31, 2024, respectively. ATM ProgramOn February 24, 2023, we entered into three-year distribution agreements with certain sales agents to sell, from time to time, up to 16,000,000 shares of the Company's common stock, for up to $800,000 aggregate gross sales proceeds, through "at-the-market" offerings (the "ATM Program"). On May 8, 2025, in connection with our filing of a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission and subsequent issuance of the 2031 Notes, we suspended our use of the ATM Program.On August 21, 2025, we resumed the ATM Program by, among other things, entering into new distribution agreements with certain sales agents to sell, from time to time, up to 16,000,000 shares of the Company's common stock, for up to $800,000 aggregate gross sales proceeds, through "at-the-market" offerings under the ATM Program. Each new distribution agreement has a term expiring on May 7, 2028. Under the terms of the ATM Program, 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 nine months ended September 30, 2025, we did not issue any shares of the Company's common stock under the ATM Program.

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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 nine months ended September 30, 2025:Derivative InstrumentsAccumulated Other Comprehensive Income of the Operating PartnershipComprehensive (Loss) Income Attributable to Noncontrolling Interest of the CompanyAccumulated Other Comprehensive Income of the CompanyBalance as of December 31, 2024$20,485 $20,485 $(549)$19,936 Other Comprehensive Loss Before Reclassifications(3,949)(3,949)386 (3,563)Amounts Reclassified from Accumulated Other Comprehensive Income(11,118)(11,118)— (11,118)Net Current Period Other Comprehensive Loss(15,067)(15,067)386 (14,681)Balance as of