Company: FR
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0000921825-25-000039
Chunk: 28

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 of Joint Venture(3,477)(1,402)Distributions from the Joint Venture— 753 Gain on Sale of Real Estate(6,844)(30,852)Straight-line Rental Income and Expense, Net(6,063)(4,165)Increase in Tenant Accounts Receivable, Prepaid Expenses and Other Assets, Net (8,993)(19,374)Increase (Decrease) in Accounts Payable, Accrued Expenses, Other Liabilities, Rents Received in Advance and Security Deposits 6,204 (703)Net Cash Provided by Operating Activities88,566 62,499 CASH FLOWS FROM INVESTING ACTIVITIES:Acquisitions of Real Estate(161,791)— Additions to Investment in Real Estate and Non-Acquisition Tenant Improvements and Lease Costs(60,190)(68,376)Net Proceeds from Sales of Investments in Real Estate11,464 47,787 Contributions to and Investments in Joint Venture(2,491)(2,614)Other Investing Activity(340)4,172 Net Cash Used in Investing Activities(213,348)(19,031)CASH FLOWS FROM FINANCING ACTIVITIES:Financing Issuance Costs(10,002)— Income Taxes Paid on Vested Equity Compensation(1,315)(2,028)Common Stock Dividends and Unit Distributions Paid(50,087)(43,220)Repayments on Mortgage Loan Payable(86)(82)Proceeds from Unsecured Credit Facility261,000 102,000 Repayments on Unsecured Credit Facility(89,000)(95,000)Distributions to Noncontrolling Interests— (98)Net Cash Provided by (Used in) Financing Activities110,510 (38,428)Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash(14,272)5,040 Cash, Cash Equivalents and Restricted Cash, Beginning of Year51,682 43,844 Cash, Cash Equivalents and Restricted Cash, End of Period$37,410 $48,884 

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FIRST INDUSTRIAL REALTY TRUST, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)(Unaudited; in thousands)Three Months Ended March 31, 2025Three Months Ended March 31, 2024SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH F