FIRST INDUSTRIAL REALTY TRUST INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 14, 2025
FR$54.93+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 16. Form 10-K Summary
Not applicable.
INDEX TO FINANCIAL STATEMENTS AND FINANCIAL STATEMENT SCHEDULE
| Page | |
|---|---|
| First Industrial Realty Trust, Inc. and First Industrial, L.P. | |
| Reports of Independent Registered Public Accounting Firm (PCAOB ID 238) | 51 |
| CONSOLIDATED FINANCIAL STATEMENTS | |
| First Industrial Realty Trust, Inc. | |
| Consolidated Balance Sheets as of December 31, 2024 and 2023 | 55 |
| Consolidated Statements of Operations for the Years Ended December 31, 2024, 2023 and 2022 | 56 |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2024, 2023 and 2022 | 57 |
| Consolidated Statements of Changes in Equity for the Years Ended December 31, 2024, 2023 and 2022 | 58 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 2022 | 59 |
| First Industrial, L.P. | |
| Consolidated Balance Sheets as of December 31, 2024 and 2023 | 61 |
| Consolidated Statements of Operations for the Years Ended December 31, 2024, 2023 and 2022 | 62 |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2024, 2023 and 2022 | 63 |
| Consolidated Statements of Changes in Partners' Capital for the Years Ended December 31, 2024, 2023 and 2022 | 64 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 2022 | 65 |
| First Industrial Realty Trust, Inc. and First Industrial, L.P. | |
| Notes to the Consolidated Financial Statements | 67 |
| 1. Organization | 67 |
| 2. Summary of Significant Accounting Policies | 68 |
| 3. Investment in Real Estate | 75 |
| 4. Indebtedness | 76 |
| 5. Variable Interest Entities | 79 |
| 6. Equity of the Company and Partners' Capital of the Operating Partnership | 81 |
| 7. Accumulated Other Comprehensive Income (Loss) | 84 |
| 8. Earnings Per Share and Earnings Per Unit ("EPS"/"EPU") | 85 |
| 9. Income Taxes | 86 |
| 10. Leases | 87 |
| 11. Long-Term Compensation | 88 |
| 12. Derivative Instruments | 90 |
| 13. Related Party Transactions | 91 |
| 14. Commitments and Contingencies | 91 |
| 15. Subsequent Events | 91 |
| DRI FR Glendale, LLC Consolidated Financial Statements | 92 |
| FINANCIAL STATEMENT SCHEDULE | |
| First Industrial Realty Trust, Inc. and First Industrial, L.P. | |
| Schedule III: Real Estate and Accumulated Depreciation at December 31, 2024 | 104 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.