Company: FR
Filing Date: 2025-10-17
Form Type: 10-Q
Source: 0000921825-25-000107
Chunk: 39

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-10-17
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 $173,686 $225,045 Net Income Allocable to Participating Securities(97)(201)(264)(439)Net Income Available to Unitholders$67,188 $101,864 $173,422 $224,606 Basic Earnings Per Unit:Net Income Available to Unitholders$0.50 $0.75 $1.28 $1.66 Diluted Earnings Per Unit:Net Income Available to Unitholders$0.49 $0.75 $1.28 $1.66 Weighted Average Units Outstanding - Basic135,479 135,099 135,461 135,088 Weighted Average Units Outstanding - Diluted135,920 135,474 135,973 135,391 

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

11

FIRST INDUSTRIAL, L.P.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited; in thousands)

Three Months Ended September 30, 2025Three Months Ended September 30, 2024Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024Net Income$67,364 $102,173 $177,127 $225,547 Mark-to-Market Loss on Derivative Instruments(2,281)(22,731)(15,143)(13,251)Amortization of Derivative Instruments115 103 326 308 Settlement of Derivative Instruments— — (250)— Comprehensive Income65,198 79,545 162,060 212,604 Comprehensive Income Attributable to Noncontrolling Interests(79)(108)(3,441)(502)Comprehensive Income Attributable to Unitholders$65,119 $79,437 $158,619 $212,102 

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

12

FIRST INDUSTRIAL, L.P.

CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL

(Unaudited; in thousands, except per Unit data)

Nine Months Ended September 30, 2025:GeneralPartnerUnitsLimitedPartnerUnitsAccumulatedOtherComprehensiveIncome (Loss)Noncontrolling InterestsTotalBalance as of December 31, 2024$2,598,962 $127,870