FIRST INDUSTRIAL REALTY TRUST INC
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
FR$54.93+2.2%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets
| December 31, 2023* | December 31, 2022 | |
|---|---|---|
| (In thousands) | ||
| ASSETS | ||
| Assets: | ||
| Investment in Real Estate: | ||
| Land | $24,161 | $14,812 |
| Construction in Progress | 154,932 | 32,314 |
| Total Investment in Real Estate | 179,093 | 47,126 |
| Real Estate Held for Sale | — | 14,426 |
| Cash and Cash Equivalents | 30,876 | 9,178 |
| Leasing Commissions | 3,342 | — |
| Prepaid Expenses and Other Assets | 1,365 | 903 |
| Total Assets | $214,676 | $71,633 |
| LIABILITIES AND MEMBERS' CAPITAL | ||
| Liabilities: | ||
| Construction Loan, Net | $94,981 | $7,849 |
| Due to Related Party | 138 | 34 |
| Liabilities Related to Sold Properties | 15,513 | 19,715 |
| Deferred Gain on Sale | 1,551 | 1,972 |
| Earnest Money Received on Property Held for Sale | — | 7,000 |
| Accounts Payable, Accrued Expenses and Other Liabilities | 28,755 | 19,791 |
| Rents Received in Advance | 1,702 | — |
| Total Liabilities | 142,640 | 56,361 |
| Members' Capital | 72,036 | 15,272 |
| Total Liabilities and Members' Capital | $214,676 | $71,633 |
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