Company: FR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000921825-25-000019
Chunk: 13

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 13
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 Comprehensive Income for the Years Ended December 31, 2024, 2023 and 202257Consolidated Statements of Changes in Equity for the Years Ended December 31, 2024, 2023 and 202258Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 202259First Industrial, L.P.Consolidated Balance Sheets as of December 31, 2024 and 202361Consolidated Statements of Operations for the Years Ended December 31, 2024, 2023 and 202262Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2024, 2023 and 202263Consolidated Statements of Changes in Partners' Capital for the Years Ended December 31, 2024, 2023 and 202264Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 202265First Industrial Realty Trust, Inc. and First Industrial, L.P.Notes to the Consolidated Financial Statements671. Organization672. Summary of Significant Accounting Policies683. Investment in Real Estate754. Indebtedness765. Variable Interest Entities796. Equity of the Company and Partners' Capital of the Operating Partnership817. Accumulated Other Comprehensive Income (Loss)848. Earnings Per Share and Earnings Per Unit ("EPS"/"EPU")859. Income Taxes8610. Leases8711. Long-Term Compensation8812. Derivative Instruments9013. Related Party Transactions9114. Commitments and Contingencies9115. Subsequent Events91DRI FR Glendale, LLC Consolidated Financial Statements92FINANCIAL STATEMENT SCHEDULEFirst Industrial Realty Trust, Inc. and First Industrial, L.P.Schedule III: Real Estate and Accumulated Depreciation at December 31, 2024104

50

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of First Industrial Realty Trust, Inc. 

Opinions on the Financial Statements and Internal Control over Financial Reporting

We have audited the accompanying consolidated balance sheets of First Industrial Realty Trust, Inc. and its subsidiaries (the "Company") as of December 31, 2024 and 2023, and the related consolidated statements of operations, of comprehensive income, of changes in equity and of cash flows for each of the three years in the period ended December 31, 2024, including the