Company: FR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000921825-25-000019
Chunk: 389

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 12
Chunk 389
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 Diluted Earnings Per Share:Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders$2.17 $2.07 $2.72 Weighted Average Shares Outstanding - Basic132,369 132,264 132,024 Weighted Average Shares Outstanding - Diluted132,416 132,341 132,103 

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

56

FIRST INDUSTRIAL REALTY TRUST, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Year Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022 (In thousands)Net Income$295,988 $285,837 $381,612 Mark-to-Market (Loss) Gain on Derivative Instruments(2,767)(11,754)38,107 Amortization of Derivative Instruments410 410 410 Comprehensive Income293,631 274,493 420,129 Comprehensive Income Attributable to Noncontrolling Interests(8,371)(10,736)(23,366)Comprehensive Income Attributable to First Industrial Realty Trust, Inc.$285,260 $263,757 $396,763 

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

57

FIRST INDUSTRIAL REALTY TRUST, INC.

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

CommonStockAdditionalPaid-inCapital(Distributionsin Excess ofAccumulatedEarnings) Retained EarningsAccumulatedOtherComprehensive(Loss) IncomeNoncontrollingInterestsTotal Balance as of December 31, 2021$1,317 $2,376,026 $(178,293)$(4,238)$53,560 $2,248,372 Net Income— — 359,134 — 22,478 381,612 Other Comprehensive Income— — — 37,629 888 38,517 Issuance of Common Stock, Net of Issuance Costs2 12,744 — — — 12,746 Stock Based Compensation Activity1 3,526 (1,483)— 11,299 13,343 Common Stock Dividends and Unit Distributions($1.18 Per Share/Unit