0000921825-23-000011 | 10-K | XBRL Viewer | First Industrial Realty Trust INC

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2022	Feb. 15, 2023	Jun. 30, 2022
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	1-13102
Entity Registrant Name	FIRST INDUSTRIAL REALTY TRUST, INC.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	36-3935116
Entity Address, Address Line One	One North Wacker Drive, Suite 4200
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60606
City Area Code	312
Local Phone Number	344-4300
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	FR
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0000921825
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 6,244.2
Entity Common Stock, Shares Outstanding		132,211,367
Documents Incorporated by Reference	Part III incorporates certain information by reference to First Industrial Realty Trust, Inc.'s definitive proxy statement expected to be filed with the Securities and Exchange Commission no later than 120 days after the end of First Industrial Realty Trust, Inc.'s fiscal year.
First Industrial, L.P.
Entity Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2022
Entity File Number	333-21873
Entity Registrant Name	FIRST INDUSTRIAL, L.P.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-3924586
Trading Symbol	FRFI
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001033128
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2022
Auditor [Line Items]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	238
Auditor Location	Chicago, Illinois

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investment in Real Estate:
Land	$ 1,646,179	$ 1,387,198
Buildings and Improvements	3,442,957	3,020,221
Construction in Progress	253,903	239,025
Less: Accumulated Depreciation	(921,480)	(868,296)
Net Investment in Real Estate	4,421,559	3,778,148
Operating Lease Right-of-Use Assets	24,580	24,927
Cash and Cash Equivalents	133,244	58,591
Restricted Cash	11,874	189
Tenant Accounts Receivable	7,135	5,104
Investment in Joint Ventures	8,822	36,049
Deferred Rent Receivable	122,918	98,727
Deferred Leasing Intangibles, Net	24,090	21,316
Prepaid Expenses and Other Assets, Net	200,100	156,047
Total Assets	4,954,322	4,179,098
Indebtedness:
Mortgage Loans Payable, Net	10,299	79,674
Senior Unsecured Notes, Net	993,742	993,021
Unsecured Term Loans, Net	919,260	458,325
Unsecured Credit Facility	143,000	79,000
Accounts Payable, Accrued Expenses and Other Liabilities	178,879	153,096
Operating Lease Liabilities	22,266	22,592
Deferred Leasing Intangibles, Net	15,152	9,252
Rents Received in Advance and Security Deposits	100,166	98,588
Dividends and Distributions Payable	41,259	37,178
Total Liabilities	2,424,023	1,930,726
Commitments and Contingencies (see Note 14)
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial L.P.'s Partners' Capital:
Common Stock ($0.01 par value, 225,000,000 shares authorized and 132,141,503 and 131,747,725 shares issued and outstanding)	1,321	1,317
Additional Paid-in Capital	2,401,334	2,376,026
Retained Earnings (Accumulated Deficit)	23,131
Retained Earnings (Distributions in Excess of Accumulated Earnings)		(178,293)
Accumulated Other Comprehensive Income (Loss)	33,412	(4,238)
Total First Industrial Realty Trust, Inc.'s Equity	2,459,198	2,194,812
Noncontrolling Interests	71,101	53,560
Total Equity	2,530,299	2,248,372
Total Liabilities and Equity/Partners' Capital	4,954,322	4,179,098
First Industrial, L.P.
Investment in Real Estate:
Land	1,646,179	1,387,198
Buildings and Improvements	3,442,957	3,020,221
Construction in Progress	253,903	239,025
Less: Accumulated Depreciation	(921,480)	(868,296)
Net Investment in Real Estate	4,421,559	3,778,148
Operating Lease Right-of-Use Assets	24,580	24,927
Cash and Cash Equivalents	133,244	58,591
Restricted Cash	11,874	189
Tenant Accounts Receivable	7,135	5,104
Investment in Joint Ventures	8,822	36,049
Deferred Rent Receivable	122,918	98,727
Deferred Leasing Intangibles, Net	24,090	21,316
Prepaid Expenses and Other Assets, Net	209,381	165,282
Total Assets	4,963,603	4,188,333
Indebtedness:
Mortgage Loans Payable, Net	10,299	79,674
Senior Unsecured Notes, Net	993,742	993,021
Unsecured Term Loans, Net	919,260	458,325
Unsecured Credit Facility	143,000	79,000
Accounts Payable, Accrued Expenses and Other Liabilities	178,879	153,096
Operating Lease Liabilities	22,266	22,592
Deferred Leasing Intangibles, Net	15,152	9,252
Rents Received in Advance and Security Deposits	100,166	98,588
Dividends and Distributions Payable	41,259	37,178
Total Liabilities	2,424,023	1,930,726
Commitments and Contingencies (see Note 14)
First Industrial Realty Trust Inc.’s Stockholders’ Equity/First Industrial L.P.'s Partners' Capital:
General Partner Units (132,141,503 and 131,747,725 units outstanding)	2,395,601	2,175,549
Limited Partners Units (3,055,766 and 2,935,203 units outstanding)	95,015	81,435
Accumulated Other Comprehensive Income (Loss)	34,186	(4,331)
Total First Industrial L.P.'s Partners' Capital	2,524,802	2,252,653
Noncontrolling Interests	14,778	4,954
Total Partners' Capital	2,539,580	2,257,607
Total Liabilities and Equity/Partners' Capital	$ 4,963,603	$ 4,188,333

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	225,000,000	225,000,000
Common Stock, shares issued	132,141,503	131,747,725
Common Stock, shares outstanding	132,141,503	131,747,725
Net Investment in Real Estate	$ 4,421,559	$ 3,778,148
Mortgage Loans Payable, Net	$ 10,299	$ 79,674
First Industrial, L.P.
General Partner Units, units outstanding	132,141,503	131,747,725
Limited Partner Units, units outstanding	3,055,766	2,935,203
Net Investment in Real Estate	$ 4,421,559	$ 3,778,148
Mortgage Loans Payable, Net	10,299	79,674
Other Real Estate Partnerships
Net Investment in Real Estate	$ 313,245	$ 277,984

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues
Lease Revenue	$ 532,237	$ 473,236	$ 437,543
Joint Venture Fees	1,322	321	590
Other Revenue	6,370	2,733	9,895
Total Revenues	539,929	476,290	448,028
Expenses:
Property Expenses	143,663	131,300	119,195
General and Administrative	33,972	34,610	32,848
Joint Venture Development Services Expense	909	0	0
Depreciation and Other Amortization	147,420	130,953	129,638
Total Expenses	325,964	296,863	281,681
Other Income (Expense):
Gain on Sale of Real Estate	128,268	150,310	86,751
Interest Expense	(49,013)	(44,103)	(51,293)
Amortization of Debt Issuance Costs	(3,187)	(3,423)	(3,428)
Total Other Income (Expense)	76,068	102,784	32,030
Income from Operations Before Equity in Income (Loss) of Joint Ventures and Income Tax Provision	290,033	282,211	198,377
Equity in Income (Loss) of Joint Ventures	114,942	(161)	4,200
Income Tax Provision	(23,363)	(4,879)	(2,408)
Net Income	381,612	277,171	200,169
Less: Net Income Attributable to the Noncontrolling Interests	(22,478)	(6,174)	(4,180)
Net Income Available to Common Stockholders / Unitholders and Participating Securities	$ 359,134	$ 270,997	$ 195,989
Basic Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53
Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53
Weighted Average Shares/Units Outstanding - Basic	132,024	129,688	127,711
Weighted Average Shares / Units Outstanding - Diluted	132,103	129,775	127,904
First Industrial, L.P.
Revenues
Lease Revenue	$ 532,237	$ 473,236	$ 437,543
Joint Venture Fees	1,322	321	590
Other Revenue	6,370	2,733	9,895
Total Revenues	539,929	476,290	448,028
Expenses:
Property Expenses	143,663	131,300	119,195
General and Administrative	33,972	34,610	32,848
Joint Venture Development Services Expense	909	0	0
Depreciation and Other Amortization	147,420	130,953	129,638
Total Expenses	325,964	296,863	281,681
Other Income (Expense):
Gain on Sale of Real Estate	128,268	150,310	86,751
Interest Expense	(49,013)	(44,103)	(51,293)
Amortization of Debt Issuance Costs	(3,187)	(3,423)	(3,428)
Total Other Income (Expense)	76,068	102,784	32,030
Income from Operations Before Equity in Income (Loss) of Joint Ventures and Income Tax Provision	290,033	282,211	198,377
Equity in Income (Loss) of Joint Ventures	114,942	(161)	4,200
Income Tax Provision	(23,363)	(4,879)	(2,408)
Net Income	381,612	277,171	200,169
Less: Net Income Attributable to the Noncontrolling Interests	(14,093)	(133)	(235)
Net Income Available to Common Stockholders / Unitholders and Participating Securities	$ 367,519	$ 277,038	$ 199,934
Basic Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.73	$ 2.10	$ 1.54
Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53
Weighted Average Shares/Units Outstanding - Basic	134,229	131,740	129,752
Weighted Average Shares / Units Outstanding - Diluted	134,681	132,237	130,127

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net Income	$ 381,612	$ 277,171	$ 200,169
Acceleration of Derivative Instruments	0	0	201
Mark-to-Market Gain (Loss) on Derivative Instruments	38,107	12,567	(10,906)
Amortization of Derivative Instruments	(410)	(410)	(410)
Comprehensive Income	420,129	290,148	189,874
Comprehensive Income Attributable to Noncontrolling Interests	(23,366)	(6,464)	(3,964)
Comprehensive Income Attributable to Common Stockholders/Unitholders	396,763	283,684	185,910
First Industrial, L.P.
Net Income	381,612	277,171	200,169
Acceleration of Derivative Instruments	0	0	201
Mark-to-Market Gain (Loss) on Derivative Instruments	38,107	12,567	(10,906)
Amortization of Derivative Instruments	(410)	(410)	(410)
Comprehensive Income	420,129	290,148	189,874
Comprehensive Income Attributable to Noncontrolling Interests	(14,093)	(133)	(235)
Comprehensive Income Attributable to Common Stockholders/Unitholders	$ 406,036	$ 290,015	$ 189,639

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY/ PARTNER'S CAPITAL - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	(Distributions in Excess of Accumulated Earnings) Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Noncontrolling Interests	First Industrial, L.P.	First Industrial, L.P. General Partner Units	First Industrial, L.P. Limited Partner Units	First Industrial, L.P. Accumulated Other Comprehensive (Loss) Income	First Industrial, L.P. Noncontrolling Interests
Beginning Balance at Dec. 31, 2019	$ 1,798,263	$ 1,270	$ 2,140,847	$ (370,835)	$ (6,883)	$ 33,864
Beginning Balance at Dec. 31, 2019							$ 1,808,284	$ 1,750,656	$ 63,618	$ (7,013)	$ 1,023
Increase (Decrease) in Stockholders' Equity / Partners' Capital
Net Income	200,169			195,989		4,180	200,169	195,745	4,189		235
Other Comprehensive Income (Loss)	(10,295)				(10,079)	(216)	(10,295)			(10,295)
Issuance of Common Stock / Contribution of General Partner Units, Net of Issuance Costs	78,349	18	78,331				78,349	78,349
Stock Based Compensation Activity	7,456	0	3,243	(2,975)		7,188
Stock Based Compensation Activity							7,456	268	7,188
Common Stock Dividends and Unit Distributions	(130,943)			(128,473)		(2,470)
Unit Distributions							(130,943)	(128,473)	(2,470)
Conversion of Limited Partner Units to Common Stock / General Partner Units	0	2	2,088			(2,090)	0	2,090	(2,090)
Reallocation—Additional Paid-in Capital	0		182			(182)
Contributions from Noncontrolling Interests	4,321					4,321	4,401				4,401
Distributions to Noncontrolling Interests							(731)				(731)
Reallocation—Other Comprehensive Income	0				9	(9)
Ending Balance at Dec. 31, 2020	1,947,320	1,290	2,224,691	(306,294)	(16,953)	44,586
Ending Balance at Dec. 31, 2020							1,956,690	1,898,635	70,435	(17,308)	4,928
Increase (Decrease) in Stockholders' Equity / Partners' Capital
Net Income	277,171			270,997		6,174	277,171	270,855	6,183		133
Other Comprehensive Income (Loss)	12,977				12,687	290	12,977			12,977
Issuance of Common Stock / Contribution of General Partner Units, Net of Issuance Costs	145,468	25	145,443				145,468	145,468
Stock Based Compensation Activity	9,051	1	1,825	(2,294)		9,519
Stock Based Compensation Activity							9,051	(468)	9,519
Common Stock Dividends and Unit Distributions	(143,643)			(140,702)		(2,941)
Unit Distributions							(143,643)	(140,702)	(2,941)
Conversion of Limited Partner Units to Common Stock / General Partner Units	0	1	1,760			(1,761)	0	1,761	(1,761)
Reallocation—Additional Paid-in Capital	0		2,307			(2,307)
Contributions from Noncontrolling Interests	28					28	64				64
Distributions to Noncontrolling Interests							(171)				(171)
Reallocation—Other Comprehensive Income	0				28	(28)
Ending Balance at Dec. 31, 2021	2,248,372	1,317	2,376,026	(178,293)	(4,238)	53,560
Ending Balance at Dec. 31, 2021							2,257,607	2,175,549	81,435	(4,331)	4,954
Increase (Decrease) in Stockholders' Equity / Partners' Capital
Net Income	381,612			359,134		22,478	381,612	359,045	8,474		14,093
Other Comprehensive Income (Loss)	38,517				37,629	888	38,517			38,517
Issuance of Common Stock / Contribution of General Partner Units, Net of Issuance Costs	12,746	2	12,744				12,746	12,746
Stock Based Compensation Activity	13,343	1	3,526	(1,483)		11,299
Stock Based Compensation Activity							13,343	2,044	11,299
Common Stock Dividends and Unit Distributions	(159,976)			(156,227)		(3,749)
Unit Distributions							(159,976)	(156,227)	(3,749)
Conversion of Limited Partner Units to Common Stock / General Partner Units	0	1	2,443			(2,444)	0	2,444	(2,444)
Reallocation—Additional Paid-in Capital	0		6,595			(6,595)
Contributions from Noncontrolling Interests	103					103	242				242
Distributions to Noncontrolling Interests	(4,418)					(4,418)	(4,511)				(4,511)
Reallocation—Other Comprehensive Income	0				21	(21)
Ending Balance at Dec. 31, 2022	$ 2,530,299	$ 1,321	$ 2,401,334	$ 23,131	$ 33,412	$ 71,101
Ending Balance at Dec. 31, 2022							$ 2,539,580	$ 2,395,601	$ 95,015	$ 34,186	$ 14,778

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY / PARTNERS' CAPITAL (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Dividends/Distributions Per Share/Unit	$ 1.18	$ 1.08	$ 1.00
First Industrial, L.P.
Dividends/Distributions Per Share/Unit	$ 1.18	$ 1.08	$ 1.00

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income

$ 381,612

$ 277,171

$ 200,169

Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:

Depreciation

119,477

107,876

102,533

Amortization of Debt Issuance Costs

3,187

3,423

3,428

Other Amortization, Including Equity Based Compensation

32,845

31,181

35,231

Equity in (Income) Loss of Joint Ventures

(114,942)

161

(4,200)

Distributions from Joint Ventures

118,034

4,279

Gain on Sale of Real Estate

^[1]

(128,268)

(150,310)

(86,751)

Gain on Involuntary Conversion

(1,495)

(6,476)

Straight-line Rental Income and Expense, Net

(25,962)

(16,081)

(8,973)

(Increase) Decrease in Tenant Accounts Receivable, Prepaid Expenses and Other Assets, Net

(4,852)

(472)

3,861

Increase (Decrease) in Accounts Payable, Accrued Expenses, Other Liabilities, Rents Received in Advance and Security Deposits

31,307

13,946

(2,671)

Net Cash Provided by Operating Activities

410,943

266,895

240,430

CASH FLOWS FROM INVESTING ACTIVITIES:

Acquisitions of Real Estate

(305,326)

(352,922)

(220,223)

Additions to Investment in Real Estate and Non-Acquisition Tenant Improvements and Lease Costs

(522,368)

(314,084)

(198,496)

Net Proceeds from Sales of Investments in Real Estate, Including Sales-Type Lease Receivable

175,409

234,726

203,864

Increase in Escrow Deposits

450

4,461

14,950

Proceeds from Involuntary Conversion

1,495

6,476

Contributions to and Investments in Joint Ventures

(5,616)

(1,550)

(42,744)

Distributions from Joint Ventures

29,356

21,407

19,938

Other Investing Activity

(1,608)

(5,603)

Net Cash Used in Investing Activities

(629,108)

(416,823)

(251,738)

CASH FLOWS FROM FINANCING ACTIVITIES:

Financing and Equity Issuance Costs

(5,265)

(6,452)

(3,363)

Proceeds from the Issuance of Common Stock/Contribution of General Partner Units

12,823

145,760

78,718

Tax Paid on Vested Equity Compensation

(2,942)

(5,126)

(5,944)

Common Stock Dividends and Unit Distributions Paid

(155,333)

(139,710)

(127,338)

Contributions from Noncontrolling Interests

103

4,321

Distributions to Noncontrolling Interests

(4,418)

Repayments on Mortgage Loans Payable

(69,465)

(64,450)

(30,146)

Proceeds from Senior Unsecured Notes

300,000

Proceeds from Unsecured Term Loans

465,000

Proceeds from Unsecured Credit Facility

720,000

289,000

247,000

Repayments on Unsecured Credit Facility

(656,000)

(210,000)

(405,000)

Net Cash Provided by Financing Activities

304,503

9,050

58,248

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash

86,338

(140,878)

46,940

Cash, Cash Equivalents and Restricted Cash, Beginning of Year

58,780

199,658

152,718

Cash, Cash Equivalents and Restricted Cash, End of Year

145,118

58,780

199,658

SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS:

Interest Paid, Net of Interest Expense Capitalized

46,445

44,184

48,849

Interest Expense Capitalized in Connection with Development Activity and Joint Venture Investment

16,298

12,140

6,847

Income Taxes Paid

3,760

3,366

1,573

Cash Paid for Operating Lease Liabilities

3,444

3,261

2,821

Supplemental Schedule of Non-Cash Operating Activities:

Operating Lease Liabilities Arising from Obtaining Right-of-Use Assets

949

819

1,341

Supplemental Schedule of Non-Cash Investing and Financing Activities:

Dividends and Distributions Payable

41,259

37,178

33,703

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

Lease Reclassification from Operating Lease to Sales-Type Lease:

Assumption of Other Assets in Connection with the Acquisition of Real Estate

3,611

Assumption of Liabilities in Connection with the Acquisition of Real Estate

2,115

1,990

18,579

Accounts Payable Related to Construction in Progress and Additions to Investment in Real Estate

86,456

82,526

34,008

Tenant Improvements Funded by Tenant

610

28,559

Write-off of Fully Depreciated Assets

(35,716)

(36,799)

(45,302)

Noncontrolling Interests

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income

22,478

6,174

4,180

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

(2,444)

(1,761)

(2,090)

Common Stock

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

Additional Paid-in Capital

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

2,443

1,760

2,088

First Industrial, L.P.

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income

381,612

277,171

200,169

Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:

Depreciation

119,477

107,876

102,533

Amortization of Debt Issuance Costs

3,187

3,423

3,428

Other Amortization, Including Equity Based Compensation

32,845

31,181

35,231

Equity in (Income) Loss of Joint Ventures

(114,942)

161

(4,200)

Distributions from Joint Ventures

118,034

4,279

Gain on Sale of Real Estate

(128,268)

(150,310)

(86,751)

Gain on Involuntary Conversion

(1,495)

(6,476)

Straight-line Rental Income and Expense, Net

(25,962)

(16,081)

(8,973)

(Increase) Decrease in Tenant Accounts Receivable, Prepaid Expenses and Other Assets, Net

(4,898)

(337)

4,512

Increase (Decrease) in Accounts Payable, Accrued Expenses, Other Liabilities, Rents Received in Advance and Security Deposits

31,307

13,946

(2,671)

Net Cash Provided by Operating Activities

410,897

267,030

241,081

CASH FLOWS FROM INVESTING ACTIVITIES:

Acquisitions of Real Estate

(305,326)

(352,922)

(220,223)

Additions to Investment in Real Estate and Non-Acquisition Tenant Improvements and Lease Costs

(522,368)

(314,084)

(198,496)

Net Proceeds from Sales of Investments in Real Estate, Including Sales-Type Lease Receivable

175,409

234,726

203,864

Increase in Escrow Deposits

450

4,461

14,950

Proceeds from Involuntary Conversion

1,495

6,476

Contributions to and Investments in Joint Ventures

(5,616)

(1,550)

(42,744)

Distributions from Joint Ventures

29,356

21,407

19,938

Other Investing Activity

(1,608)

(5,603)

Net Cash Used in Investing Activities

(629,108)

(416,823)

(251,738)

CASH FLOWS FROM FINANCING ACTIVITIES:

Financing and Equity Issuance Costs

(5,265)

(6,452)

(3,363)

Proceeds from the Issuance of Common Stock/Contribution of General Partner Units

12,823

145,760

78,718

Tax Paid on Vested Equity Compensation

(2,942)

(5,126)

(5,944)

Common Stock Dividends and Unit Distributions Paid

(155,333)

(139,710)

(127,338)

Contributions from Noncontrolling Interests

242

4,401

Distributions to Noncontrolling Interests

(4,511)

(171)

(731)

Repayments on Mortgage Loans Payable

(69,465)

(64,450)

(30,146)

Proceeds from Senior Unsecured Notes

300,000

Proceeds from Unsecured Term Loans

465,000

Proceeds from Unsecured Credit Facility

720,000

289,000

247,000

Repayments on Unsecured Credit Facility

(656,000)

(210,000)

(405,000)

Net Cash Provided by Financing Activities

304,549

8,915

57,597

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash

86,338

(140,878)

46,940

Cash, Cash Equivalents and Restricted Cash, Beginning of Year

58,780

199,658

152,718

Cash, Cash Equivalents and Restricted Cash, End of Year

145,118

58,780

199,658

SUPPLEMENTAL INFORMATION TO STATEMENTS OF CASH FLOWS:

Interest Paid, Net of Interest Expense Capitalized

46,445

44,184

48,849

Interest Expense Capitalized in Connection with Development Activity and Joint Venture Investment

16,298

12,140

6,847

Income Taxes Paid

3,760

3,366

1,573

Cash Paid for Operating Lease Liabilities

3,444

3,261

2,821

Supplemental Schedule of Non-Cash Operating Activities:

Operating Lease Liabilities Arising from Obtaining Right-of-Use Assets

949

819

1,341

Supplemental Schedule of Non-Cash Investing and Financing Activities:

Dividends and Distributions Payable

41,259

37,178

33,703

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

Lease Reclassification from Operating Lease to Sales-Type Lease:

Assumption of Other Assets in Connection with the Acquisition of Real Estate

3,611

Assumption of Liabilities in Connection with the Acquisition of Real Estate

2,115

1,990

18,579

Accounts Payable Related to Construction in Progress and Additions to Investment in Real Estate

86,456

82,526

34,008

Tenant Improvements Funded by Tenant

610

28,559

Write-off of Fully Depreciated Assets

(35,716)

(36,799)

(45,302)

First Industrial, L.P. | Limited Partner Units

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income

8,474

6,183

4,189

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

(2,444)

(1,761)

(2,090)

First Industrial, L.P. | General Partner Units

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income

359,045

270,855

195,745

Exchange of Limited Partner Units for Common Stock/General Partner Units

Conversion of Limited Partner Units to Common Stock / General Partner Units

$ 2,444

$ 1,761

$ 2,090

[1]	(B) Gross proceeds and gain on sale of real estate include the sale of one land parcel for each of the years ended December 31, 2022 and 2021.

Organization	12 Months Ended
Organization	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization First Industrial Realty Trust, Inc. (the "Company") is a self-administered and fully integrated real estate company which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Company is a Maryland corporation organized on August 10, 1993 and a real estate investment trust ("REIT") as defined in the Internal Revenue Code of 1986 (the "Code"). Unless stated otherwise or the context otherwise requires, the terms "we," "our" and "us" refer to the Company and its subsidiaries, including its operating partnership, First Industrial, L.P. (the "Operating Partnership"), and its consolidated subsidiaries. We began operations on July 1, 1994. The Company's operations are conducted primarily through the Operating Partnership, of which the Company is the sole general partner (the "General Partner"), with an approximate 97.7% and 97.8% ownership interest ("General Partner Units") at December 31, 2022 and 2021, respectively. The Operating Partnership also conducts operations through several other limited partnerships (the "Other Real Estate Partnerships"), numerous limited liability companies ("LLCs") and certain taxable REIT subsidiaries ("TRSs"), the operating data of which, together with that of the Operating Partnership, is consolidated with that of the Company as presented herein. The Operating Partnership holds at least a 99% limited partnership interest in each of the Other Real Estate Partnerships. The general partners of the Other Real Estate Partnerships are separate corporations, wholly-owned by the Company, each with at least a .01% general partnership interest in the Other Real Estate Partnerships. The Company does not have any significant assets or liabilities other than its investment in the Operating Partnership and its 100% ownership interest in the general partners of the Other Real Estate Partnerships. The Company's noncontrolling interest in the Operating Partnership of approximately 2.3% and 2.2% at December 31, 2022 and 2021, respectively, represents the aggregate partnership interest held by the limited partners thereof ("Limited Partner Units" and together with the General Partner Units, the "Units"). The limited partners of the Operating Partnership are persons or entities who contributed their direct or indirect interests in properties to the Operating Partnership in exchange for common Limited Partner Units of the Operating Partnership and/or recipients of RLP Units of the Operating Partnership (see Note 6) pursuant to the Company's stock incentive plan. We also own an equity interest in, and provide various services to a joint venture (the "Joint Venture"), through a wholly-owned TRS of the Operating Partnership. The Joint Venture, like previous joint venture arrangements, is accounted for under the equity method of accounting and the operating data associated with the Joint Venture is not consolidated with that of the Company or the Operating Partnership as presented herein. See Note 5 for more information. Profits, losses and distributions of the Operating Partnership, the LLCs, the Other Real Estate Partnerships, the TRSs and the Joint Ventures are allocated to the general partner and the limited partners, the members or the shareholders, as applicable, of such entities in accordance with the provisions contained within their respective organizational documents. As of December 31, 2022, we owned 426 industrial properties located in 18 states, containing an aggregate of approximately 65.3 million square feet of gross leasable area ("GLA"). Of the 426 properties owned on a consolidated basis, none of them are directly owned by the Company. Any references to the number of industrial properties and square footage in the financial statement footnotes are unaudited.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements at December 31, 2022 and 2021 and for each of the years ended December 31, 2022, 2021 and 2020 include the accounts and operating results of the Company and the Operating Partnership. All intercompany transactions have been eliminated in consolidation.

Use of Estimates

In order to conform with generally accepted accounting principles ("GAAP"), in preparation of our consolidated financial statements we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of December 31, 2022 and 2021, and the reported amounts of revenues and expenses for each of the years ended December 31, 2022, 2021 and 2020. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include all cash and liquid investments with an initial maturity of three months or less. The carrying amount approximates fair value due to the short term maturity of these investments. We maintain cash and cash equivalents in banking institutions that may exceed amounts insured by the Federal Deposit Insurance Corporation. We have not realized any losses of such cash investments or accounts and mitigate risk by using nationally recognized banking institutions.

Restricted Cash

Restricted cash includes cash held in escrow in connection with gross proceeds from the sales of certain industrial properties. These sales proceeds will be disbursed as we exchange into properties under Section 1031 of the Code or will be returned to us after the mandatory time period has expired. The carrying amount approximates fair value due to the short term maturity of these investments. For purposes of our consolidated statements of cash flows, changes in restricted cash are aggregated with cash and cash equivalents.

Investment in Real Estate and Depreciation

Investment in real estate is carried at cost, less accumulated depreciation and amortization. We review our properties on a quarterly basis for impairment and provide a provision if impairments exist. To determine if an impairment may exist, we review our properties and identify those that have had either an event of change or event of circumstances warranting further assessment of recoverability (such as a decrease in occupancy, a decline in general market conditions or a change in the expected hold period of an asset or asset group). The judgments regarding the existence of indicators of impairment are based on the operating performance, market conditions, as well as our ability to hold and our intent with regard to each property. If further assessment of recoverability is needed, we estimate the future net cash flows expected to result from the use of the property and its eventual disposition. Estimated future net cash flows are based on estimates of future operating performance and market conditions. If the sum of the expected future net cash flows (undiscounted and without interest charges) is less than the carrying amount of the property or group of properties, we will recognize an impairment loss equal to the amount in which carrying value exceeds the estimated fair value of the property or group of properties. The assessment of fair value requires the use of estimates and assumptions relating to the timing and amounts of cash flow projections, discount rates and terminal capitalization rates.

We generally classify certain properties and related assets and liabilities as held for sale when the sale of an asset has been duly approved by management, a legally enforceable contract has been executed and the buyer's due diligence period, if any, has expired. At such time, the respective assets and liabilities are presented separately on the consolidated balance sheets. Upon held for sale classification, we cease depreciation and value the properties at the lower of depreciated cost or fair value, less costs to dispose.

Interest costs, real estate taxes, compensation costs of development personnel and other directly related costs incurred during construction periods are capitalized to development projects from the point we begin undergoing activity necessary to get the development ready for its intended use. Interest is capitalized using the weighted average borrowing rate during the construction period. Upon substantial completion, we reclassify construction in progress to building and tenant improvements and commence depreciation.

Depreciation expense is computed using the straight-line method based on the following useful lives:


			Years
Buildings and Improvements			3 to 50
Land Improvements			1 to 25
Furniture, Fixtures and Equipment			3 to 5
Tenant Improvements			Lease Term

Construction expenditures for tenant improvements, leasehold improvements and leasing commissions (inclusive of incentive compensation costs of personnel directly attributable to executed leases) are capitalized and amortized over the terms of each specific lease. Repairs and maintenance are charged to expense when incurred. Expenditures for improvements are capitalized.

Upon acquisition of a property, we allocate the purchase price of the property based upon the fair value of the assets acquired and liabilities assumed, which generally consists of land, buildings, tenant improvements, construction in progress, leasing commissions and lease intangibles including in-place lease assets and above market and below market lease assets and liabilities. We allocate the purchase price to the fair value of the tangible assets of an acquired property by valuing the property as if it were vacant. The determination of fair value includes the use of significant assumptions such as land comparables, discount rates, terminal capitalization rates and market rent assumptions. Acquired above and below market lease intangibles are valued based on the present value of the difference between prevailing market rental rates and the in-place rental rates measured over a period equal to the remaining term of the lease for above market leases or the remaining term of the lease plus the term of any below market fixed rate renewal options for below market leases. The value of above and below market lease intangibles, which are included as assets or liabilities in the line item Deferred Leasing Intangibles, Net are amortized as an increase or decrease to rental revenue over the remaining initial lease term, plus the term of any below market fixed rate renewal options of the respective leases.

The purchase price is further allocated to in-place lease values based on an estimate of the lease revenue received during a reasonable lease-up period as if the property was vacant on the date of acquisition. The value of in-place lease intangibles, which are included in the line item Deferred Leasing Intangibles, Net are amortized over the remaining initial lease term (including expected renewal periods) as adjustments to depreciation and other amortization expense. If a tenant fully terminates its lease early, the unamortized portion of the tenant improvements, leasing commissions, above and below market intangibles and the in-place lease value is immediately accelerated and fully amortized on the date of the termination.

As defined by GAAP, a business is an integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other economic benefits directly to investors or other owners, members or participants. Our typical acquisitions consist of properties whereby substantially all the fair value or gross assets acquired is concentrated in a single asset (land, building, construction in progress and in-place leases) and, therefore, will be accounted for as asset acquisitions, which permits the capitalization of transaction costs to the basis of the acquired property.

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:


	December 31, 2022		December 31, 2021
In-Place Leases	$	19,373	$	15,428
Above Market Leases	1,319		1,621
Below Market Ground Lease Obligation	1,462		1,507
Tenant Relationships	1,936		2,760
Total Included in Total Assets, Net of $28,590 and $24,933 of Accumulated Amortization	$	24,090	$	21,316
Below Market Leases	$	15,152	$	9,252
Total Included in Total Liabilities, Net of $18,004 and $15,040 of Accumulated Amortization	$	15,152	$	9,252

Amortization expense related to in-place leases and tenant relationships was $6,098, $4,498 and $8,201 for the years ended December 31, 2022, 2021 and 2020, respectively. For the years ended December 31, 2022, 2021 and 2020, lease revenue increased by $2,679, $1,442 and $1,962, respectively, related to net amortization of above and below market leases. We will recognize net amortization expense related to deferred leasing intangibles over the next five years for properties owned as of December 31, 2022 as follows:


	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2023	$	6,127	$	3,746
2024	$	4,449	$	3,074
2025	$	3,265	$	2,283
2026	$	2,316	$	1,613
2027	$	1,540	$	1,196

Debt Issuance Costs

Debt issuance costs include fees and costs incurred to obtain long-term financing. These fees and costs are being amortized over the terms of the respective loans. Unamortized debt issuance costs are written-off when debt is retired before the maturity date. Debt issuance costs are presented as a direct deduction from the carrying amount of the respective debt liability, consistent with debt discounts, except for the debt issuance costs related to the unsecured credit facility which are included in the line item Prepaid Expenses and Other Assets, Net on the consolidated balance sheets.

Investment in Joint Ventures

Investment in joint ventures represents a noncontrolling equity interest in joint venture arrangements. We have determined to account for our investment in the joint ventures under the equity method of accounting, as we do not have a majority voting interest, operational control or financial control. Control is determined using accounting standards related to the consolidation of joint ventures and variable interest entities ("VIEs"). Under the equity method of accounting, our share of earnings or losses of the joint ventures is reflected in income as earned and contributions or distributions increase or decrease our investment in joint ventures as paid or received, respectively. Differences between our carrying value of our investment in the joint ventures and our underlying equity in such joint ventures are amortized and included as an adjustment to our equity in income (loss) or recognized, either in whole or in part, during the period that real estate assets are sold from the Joint Venture.

We account for our interests in the Joint Ventures using the hypothetical liquidation at book value model. Under this method, we record our Equity in Income (Loss) of Joint Ventures based on our proportionate share of the Joint Venture's earnings based on our ownership interest, after giving effect to incentive fees which we are entitled to receive.

On a periodic basis, management assesses whether there are any indicators that the value of our investments in joint venture arrangements may be impaired. An investment is impaired only if our estimate of the fair value of the investment is less than the carrying value of the investment, and such decline in value is deemed to be other than temporary. To the extent an impairment has occurred, the loss shall be measured as the excess of the carrying value of the investment over the value of the investment.

Noncontrolling Interests

Limited Partner Units are reported within Partners' Capital in the Operating Partnership's balance sheet as of December 31, 2022 and 2021 because they are not redeemable for cash or other assets (a) at a fixed or determinable date, (b) at the option of the Unitholder or (c) upon the occurrence of an event that is not solely within the control of the Operating Partnership. Redemption can be effectuated, as determined by the General Partner, either by exchanging the Units for shares of common stock of the Company on a one-for-one basis, subject to adjustment, or by paying cash equal to the fair market value of such shares.

The Operating Partnership is the only significant asset of the Company and economic, fiduciary and contractual means align the interests of the Company and the Operating Partnership. The Company's Board of Directors and officers of the Company direct the Company to act when acting in its capacity as sole general partner of the Operating Partnership. Because of this, the Operating Partnership is deemed to have effective control of the form of redemption consideration. As of December 31, 2022, all criteria were met for the Operating Partnership to control the actions or events necessary to issue the maximum number of the Company's common shares required to be delivered upon redemption of all remaining Limited Partner Units.

Through a wholly-owned TRS of the Operating Partnership, we own a 43% interest in the Joint Venture that is accounted for under the equity method of accounting. Our ownership interest in the Joint Venture is held through a partnership with a third party ("Joint Venture Partnership"). We concluded that we hold the power to direct the activities that most significantly impact the economic performance of the Joint Venture Partnership. As a result, we consolidate the Joint Venture Partnership, which holds an aggregate 49% interest in the Joint Venture and reflect the third party's interest in the joint venture as Noncontrolling Interests within the financial statements of the Company and Operating Partnership. See Note 5.

Stock Based Compensation

We measure compensation cost for all stock-based awards at fair value on the date of grant and recognize compensation expense over the period during which an employee is required to provide service in exchange for the award, generally the vesting period.

Revenue Recognition

We lease our properties to tenants under agreements that are classified as leases. We recognize, as rental income, the total minimum lease payments under the leases on a straight-line basis over the lease term. Generally, under the terms of our leases, the majority of property operating expenses, including real estate taxes, insurance, and other property operating expenses are recovered from our tenants and recognized as tenant recovery revenue in the same period we incur the related expenses. As the timing and straight-line pattern of transfer to the lessee for rental revenue and the associated rental recoveries are the same and our leases qualify as operating leases, we account for the present rental revenue and tenant recovery revenue as a single component under Lease Revenue.

We assess the collectibility of lease receivables (including future minimum rental payments) both at commencement and throughout the lease term. If we conclude that collection of lease payments is not probable at lease commencement, we will recognize lease payments only as they are received. If our assessment of collectibility changes during the lease term, any difference between the revenue that would have been received under the straight-line method and the lease payments that have been collected will be recognized as a current period adjustment to Lease Revenue and revenue will subsequently be accounted for on a cash basis until such time that collection of future rent is deemed probable.

If a lease provides for tenant improvements, we determine whether we or the tenant is the owner of the tenant improvements. When we are the owner of the tenant improvements, any tenant improvements funded by the tenant are treated as lease payments which are deferred and amortized as revenue over the lease term. When the tenant is the owner of the tenant improvements, we record any tenant improvement allowance funded as a lease inducement and amortize it as a reduction of revenue over the lease term.

We recognize fees received from tenants to fully terminate their lease prior to the contractual end date on a straight-line basis from the notification date through the revised lease end date.

Property Expenses

Property expenses include real estate taxes, utilities, repairs and maintenance, property insurance as well as the cost of our property management personnel and other costs of managing our properties. Several of our leases require tenants to pay real estate taxes directly to taxing authorities. We exclude from property expenses certain lessor costs, such as real estate taxes, that the we contractually require the tenant to pay directly to a third party on our behalf. The amounts paid directly to third parties by tenants for lessor costs are also excluded from lease revenues.

Lessee Accounting

We are a lessee on a limited number of ground and office leases and these operating lease agreements are included within Operating Lease Right-of-Use Assets ("ROU") and Operating Lease Liabilities on the consolidated balance sheets. We elected the practical expedient to combine our lease and related nonlease components for our lessee building leases. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. Our variable lease payments consist of nonlease services related to the lease. Variable lease payments are excluded from the ROU assets and lease liabilities and are recognized in the period in which the obligation for those payments is incurred. As most of our leases do not provide an implicit rate, we use information available at lease commencement to estimate an appropriate incremental borrowing rate on a fully-collateralized basis to determine the present value of lease payments. ROU assets also include any future minimum lease payments made and exclude lease incentives. Many of our lessee agreements include options to extend the lease, which we do not include in our minimum lease terms unless they are reasonably certain to be exercised. Rental expense for lease payments related to operating leases is recognized on a straight-line basis over the lease term.

Gain on Sale of Real Estate

Asset sales are generally recognized when control of the asset being sold is transferred to the buyer. As the assets are sold, their costs and related accumulated depreciation, if any, are derecognized with resulting gains or losses reflected in net income. Estimated future costs to be incurred by us after completion of each sale are accrued and included in the determination of the gain on sales.

When leases contain purchase options, we assess the probability that the tenant will execute the purchase option both at lease commencement or at the time the tenant communicates their intent to execute the purchase option. If we determine the execution of the purchase option is likely, we will account for the lease as a sales-type lease and derecognize the associated real estate assets on our balance sheet and record a gain or loss on sale.

Income Taxes

The Company has elected to be taxed as a REIT under the Code. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement to distribute at least 90% of its adjusted taxable income to its stockholders. Management intends to continue to adhere to these requirements and to maintain the Company's REIT status. As a REIT, the Company is entitled to a tax deduction for some or all of the dividends it pays to shareholders. Accordingly, the Company generally will not be subject to federal income taxes as long as it currently distributes to shareholders an amount equal to or in excess of the Company's taxable income. If the Company fails to qualify as a REIT in any taxable year, it will be subject to federal income taxes and may not be able to qualify as a REIT for four subsequent taxable years.

REIT qualification reduces, but does not eliminate, the amount of state and local taxes we pay. In addition, certain activities that we undertake may be conducted by entities which have elected to be treated as a TRS. TRSs are subject to federal, state and local income taxes. A benefit or provision has been made for federal, state and local income taxes in the accompanying consolidated financial statements.

In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss.

Earnings Per Share and Earnings Per Unit ("EPS" and "EPU")

We use the two-class method of computing earnings per common share or Unit, which is an earnings allocation formula that determines earnings per share for common stock and any participating securities according to dividends declared (whether paid or unpaid) and participation rights in undistributed earnings. Basic net income per common share or Unit is computed by dividing net income available to common stockholders or Unitholders by the weighted average number of common shares or Units outstanding for the period. Diluted net income per common share or Unit is computed by dividing net income available to common stockholders or Unitholders by the sum of the weighted average number of common shares or Units outstanding and any dilutive non-participating securities for the period.

Derivative Financial Instruments

During the normal course of business, we have used derivative instruments for the purpose of managing interest rate risk on anticipated offerings of long term debt. Receipts or payments that result from the settlement of derivative instruments used to fix the interest rate on anticipated offerings of senior unsecured notes are amortized over the life of the derivative or the life of the debt and is included in interest expense. Receipts or payments resulting from derivative instruments used to convert floating rate debt to fixed rate debt are recognized as a component of interest expense.

To qualify for hedge accounting, derivative instruments used for risk management purposes must effectively reduce the risk exposure that they are designed to hedge. In addition, at inception of a qualifying cash flow hedging relationship, the underlying transaction or transactions, must be, and are expected to remain, probable of occurring in accordance with our related assertions. We recognize all derivative instruments in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities at fair value. Changes in fair value of derivative instruments that are not designated in hedging relationships or that do not meet the criteria of hedge accounting are recognized in earnings. For derivative instruments designated in qualifying cash flow hedging relationships, changes in fair value related to the effective portion of the derivative instruments are recognized in the line item Accumulated Other Comprehensive Income (Loss), whereas changes in fair value of the ineffective portion are recognized in earnings. If it is determined that a derivative instrument ceases to be highly effective as a hedge, or that it is probable the underlying forecasted transaction will not occur, we discontinue its cash flow hedge accounting prospectively and record the appropriate adjustment to earnings based on the current fair value of the derivative instrument. The credit risks associated with derivative instruments are controlled through the evaluation and monitoring of the creditworthiness of the counterparty. In the event that the counterparty fails to meet the terms of the derivative instruments, our exposure is limited to the fair value of agreements, not the notional amounts.

Fair Value

GAAP establishes a framework for measuring fair value and requires disclosures about fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants. The guidance establishes a hierarchy for inputs used in measuring fair value based on observable and unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our assumptions of pricing the asset or liability based on the best information available in the circumstances. We estimate fair value using available market information and valuation methodologies we believe to be appropriate for these purposes. The fair value hierarchy consists of the following three broad levels:

•Level 1 - quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date;

•Level 2 - inputs other than quoted prices within Level 1 that are either directly or indirectly observable for the asset or liability; and

•Level 3 - unobservable inputs in which little or no market data exists for the asset or liability.

Our assets and liabilities that are measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that we would realize on disposition.

Segment Reporting

Management views the Company, inclusive of the Operating Partnership, as a single segment based on its method of internal reporting.

Recent Accounting Pronouncements Adopted

In March 2020, FASB issued Accounting Standards Update ("ASU") No. 2020-04 Reference Rate Reform (Topic 848). ASU 2020-04 contains practical expedients for reference rate reform-related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected through December 31, 2024 as reference rate reform activities occur. We elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. We continue to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur.

Reclassifications

Joint Venture Fees for the years ended December 31, 2021 and 2020 have been reclassified from the Other Revenue line item in the consolidated statements of operations to conform to the 2022 presentation.

Investment in Real Estate

12 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

Investment in Real Estate

Acquisitions

The following table summarizes our acquisition of industrial properties and land parcels for the years ended December 31, 2022, 2021 and 2020. We accounted for the properties and land parcels as asset acquisitions and therefore capitalized transaction costs to the basis of the acquired assets. The revenue and net income associated with the acquisition of the industrial properties, since their respective acquisition dates, are not significant for years ended December 31, 2022, 2021 or 2020.


	Year Ended December 31,
	2022		2021		2020
Number of Industrial Properties Acquired	11		4		8
GLA (in millions)	0.5		0.2		1.5
Purchase Price of Industrial Properties Acquired	$	137,126	$	38,727	$	154,410
Purchase Price of Income Producing Land Parcels Acquired (A)	56,525		—		—
Purchase Price of Land Parcels Acquired (B)	105,486		302,223		69,617
Total Purchase Price (C)	$	299,137	$	340,950	$	224,027

(A) For the year ended December 31, 2022, includes $11,676, $1,577, $3,850 and ($4,950) allocated to building improvements/construction in progress, other assets, in-place leases and below market leases, respectively.

(B) For the year ended December 31, 2021, includes $3,857, $1,434 and $183 allocated to building improvements/construction in progress, other assets and in-place leases, respectively.

The following table summarizes the fair value of amounts recognized for each major class of asset and liability for the industrial properties and land parcels acquired during the years ended December 31, 2022 and 2021:


	Year Ended December 31,
	2022		2021
Land	$	252,158	$	309,475
Building and Improvements/Construction in Progress	43,685		28,839
Other Assets	2,975		1,663
In-Place Leases	9,246		973

Above Market Leases	23		—

Below Market Leases	(8,950)		—
Total Purchase Price	$	299,137	$	340,950

Sales

The following table summarizes our property and land dispositions for the years ended December 31, 2022, 2021 and 2020:


	Year Ended December 31,
	2022		2021		2020
Number of Industrial Properties Sold (A)	9		29		29
GLA (in millions)(B)	2.2		2.9		1.9
Gross Proceeds from the Sale of Real Estate (B)	$	178,340	$	243,407	$	153,351
Gain on Sale of Real Estate (B)	$	128,268	$	150,310	$	86,751

(A) Included as one industrial property for each of the years ended December 31, 2021 and 2020 was the sale of multiple industrial condominium units.

(B) Gross proceeds and gain on sale of real estate include the sale of one land parcel for each of the years ended December 31, 2022 and 2021.

Indebtedness

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Indebtedness

The following table discloses certain information regarding our indebtedness:


	Outstanding Balance at				Interest Rate at December 31, 2022	Effective Interest Rate at Issuance	Maturity Date
	December 31, 2022		December 31, 2021
Mortgage Loans Payable, Gross	$	10,299	$	79,764	4.17%	4.17%	8/1/2028
Unamortized Debt Issuance Costs	—		(90)

Mortgage Loans Payable, Net	$	10,299	$	79,674
Senior Unsecured Notes, Gross
2027 Notes	6,070		6,070		7.15%	7.11%	5/15/2027
2028 Notes	31,901		31,901		7.60%	8.13%	7/15/2028
2032 Notes	10,600		10,600		7.75%	7.87%	4/15/2032
2027 Private Placement Notes	125,000		125,000		4.30%	4.30%	4/20/2027
2028 Private Placement Notes	150,000		150,000		3.86%	3.86%	2/15/2028
2029 Private Placement Notes	75,000		75,000		4.40%	4.40%	4/20/2029
2029 II Private Placement Notes	150,000		150,000		3.97%	4.23%	7/23/2029
2030 Private Placement Notes	150,000		150,000		3.96%	3.96%	2/15/2030
2030 II Private Placement Notes	100,000		100,000		2.74%	2.74%	9/17/2030
2032 Private Placement Notes	200,000		200,000		2.84%	2.84%	9/17/2032
Subtotal	$	998,571	$	998,571
Unamortized Debt Issuance Costs	(4,777)		(5,491)
Unamortized Discounts	(52)		(59)
Senior Unsecured Notes, Net	$	993,742	$	993,021
Unsecured Term Loans, Gross
2015 Unsecured Term Loan	—		260,000		N/A	N/A	N/A
2021 Unsecured Term Loan (A)	200,000		200,000		1.84%	N/A	7/7/2026
2022 Unsecured Term Loan (A)	425,000		—		3.64%	N/A	10/18/2027
2022 Unsecured Term Loan II (A)(B)	300,000		—		4.88%	N/A	8/12/2025
Subtotal	$	925,000	$	460,000
Unamortized Debt Issuance Costs	(5,740)		(1,675)
Unsecured Term Loans, Net	$	919,260	$	458,325
Unsecured Credit Facility (C)	$	143,000	$	79,000	5.16%	N/A	7/7/2025

(A) The interest rate at December 31, 2022 includes the impact of derivative instruments in which we entered to effectively convert the variable rate to a fixed rate. See Note 12.

(B) At our option, we may extend the maturity pursuant to two, one-year extension options, subject to certain conditions.

(C) At our option, we may extend the maturity pursuant to two, six-month extension options, subject to certain conditions. Amounts exclude unamortized debt issuance costs of $3,285 and $4,577 as of December 31, 2022 and 2021, respectively, which are included in the line item Prepaid Expenses and Other Assets, Net.

Mortgage Loans Payable, Net

During the years ended December 31, 2022 and 2021, we paid off mortgage loans in the amount of $67,973 and $60,471, respectively.

As of December 31, 2022, mortgage loans payable are collateralized by industrial properties with a net carrying value of $31,772. We believe the Operating Partnership and the Company were in compliance with all covenants relating to mortgage loans as of December 31, 2022.

Senior Unsecured Notes, Net

During the year ended December 31, 2020, the Operating Partnership issued $100,000 of 2.74% Series F Guaranteed Senior Notes Due September 17, 2030 (the "2030 II Private Placement Notes") and $200,000 of 2.84% Series G Guaranteed Senior Notes due September 17, 2032 (the "2032 Private Placement Notes") in a private placement pursuant to a Note and Guaranty Agreement dated July 7, 2020.

The 2030 II Private Placement Notes and the 2032 Private Placement Notes (together with senior notes issued in a private placement in prior years, the "Private Placement Notes") are unsecured obligations of the Operating Partnership that are fully and unconditionally guaranteed by the Company and require semi-annual interest payments.

Unsecured Term Loans, Net

On August 12, 2022, we entered into a three-year, $300,000 unsecured term loan (the "2022 Unsecured Term Loan II") of which the entire principal was borrowed on November 1, 2022. The 2022 Unsecured Term Loan II matures in August 2025, unless we extend the term, at our election, pursuant to two, one-year extension options, subject to certain conditions. At December 31, 2022, the 2022 Unsecured Term Loan II requires interest-only payments and bears interest at a variable rate based on daily SOFR, plus a 0.10% SOFR adjustment, plus 85 basis points. The interest rate is subject to adjustment based on changes to our leverage ratio and credit ratings and our achievement of a sustainability-linked pricing metric. Additionally, during the year ended December 31, 2022, we entered into interest rate swaps with an aggregate notional value of $300,000 that lock the SOFR rate at 3.93% commencing December 1, 2022. The all-in interest rate at December 31, 2022 is 4.88%. $150,000 of the notional amount of the interest rate swaps matures in December 2025 and $150,000 of the notional amount of the remaining interest rate swaps matures in August 2027. See Note 12 for additional information.

On April 18, 2022, we entered into a five-year, $425,000 unsecured term loan (the "2022 Unsecured Term Loan"). The 2022 Unsecured Term Loan matures in October 2027. At December 31, 2022, the 2022 Unsecured Term Loan requires interest-only payments and bears interest at a variable rate based on the one-month SOFR, plus a 0.10% SOFR adjustment, plus 85 basis points. The interest rate is subject to adjustment based on changes to our leverage ratio and credit ratings and our achievement of a sustainability-linked pricing metric. Additionally, during the year ended December 31, 2022, we entered into interest rate swaps with an aggregate notional value of $425,000 that lock the SOFR rate at 2.69% commencing October 3, 2022. The all-in interest rate at December 31, 2022 is 3.64%. The interest rate swaps mature September 30, 2027. See Note 12 for additional information.

Our $200,000 unsecured term loan (the "2021 Unsecured Term Loan", and together with the 2022 Unsecured Term Loan II and the 2022 Unsecured Term Loan, the "Unsecured Term Loans") matures on July 7, 2026. At December 31, 2022, the 2021 Unsecured Term Loan requires interest-only payments and bears interest at a variable rate based on LIBOR plus 85 basis points. The interest rate is subject to adjustment based on our leverage and investment grade rating. Additionally, we have interest rate swaps with an aggregate notional value of $200,000 that lock the LIBOR rate at 0.99% and mature in February 2026. The all-in interest rate at December 31, 2022 is 1.84%. See Note 12 for additional information. We may request the borrowing capacity under the 2021 Unsecured Term Loan to be increased to $460,000, subject to certain restrictions.

Unsecured Credit Facility

Our $750,000 revolving credit agreement (the "Unsecured Credit Facility") matures on July 7, 2025, unless extended at our option pursuant to two six-month extension options, subject to certain conditions. At December 31, 2022, the Unsecured Credit Facility requires interest-only payments and bears interest at a variable rate based on LIBOR plus 77.5 basis points and a facility fee of 15 basis points. The interest rate and facility fee are each subject to adjustment based on our leverage and investment grade rating. We may request that the borrowing capacity under the Unsecured Credit Facility be increased to $1,000,000, subject to certain restrictions.

Indebtedness

The following is a schedule of the stated maturities and scheduled principal payments of our indebtedness, exclusive of discounts and debt issuance costs, for the next five years as of December 31, and thereafter:


	Amount
2023	$	320
2024	335
2025	443,349
2026	200,364
2027	556,449
Thereafter	876,053
Total	$	2,076,870

The Unsecured Credit Facility, our Unsecured Term Loans, the Private Placement Notes and the indentures governing our senior unsecured notes contain certain financial covenants, including limitations on incurrence of debt and debt service coverage. Under the Unsecured Credit Facility and the Unsecured Term Loans, an event of default can occur if the lenders, in their good faith judgment, determine that a material adverse change has occurred which could prevent timely repayment or materially impair our ability to perform our obligations under the loan agreements. We believe the Operating Partnership and the Company were in compliance with all covenants relating to the Unsecured Credit Facility, the Unsecured Term Loans, the Private Placement Notes and indentures governing our senior unsecured notes as of December 31, 2022. However, these financial covenants are complex and there can be no assurance that these provisions would not be interpreted by our lenders and noteholders in a manner that could impose and cause us to incur material costs.

Fair Value

At December 31, 2022 and 2021, the fair value of our indebtedness was as follows:


	December 31, 2022				December 31, 2021
	Carrying Amount (A)		Fair Value		Carrying Amount (A)		Fair Value
Mortgage Loans Payable, Net	$	10,299	$	9,765	$	79,764	$	81,700
Senior Unsecured Notes, Net	998,519		883,444		998,512		1,070,067
Unsecured Term Loans	925,000		909,187		460,000		460,486
Unsecured Credit Facility	143,000		143,000		79,000		79,000
Total	$	2,076,818	$	1,945,396	$	1,617,276	$	1,691,253

(A) The carrying amounts include unamortized discounts and exclude unamortized debt issuance costs.

The fair values of our mortgage loans payable were determined by discounting the future cash flows using the current rates at which similar loans would be made based upon similar remaining maturities. The current market rates we utilized were internally estimated. The fair value of the senior unsecured notes were determined by using rates, as advised by our bankers, that are based upon recent trades within the same series of the senior unsecured notes, recent trades for senior unsecured notes with comparable maturities, recent trades for fixed rate unsecured notes from companies with profiles similar to ours, as well as overall economic conditions. The fair value of the Unsecured Credit Facility and the Unsecured Term Loans was determined by discounting the future cash flows using rates, as advised by our bankers, at which similar loans would be made to borrowers with similar credit ratings and for the same remaining term, assuming no repayment until maturity. We have concluded that our determination of fair value for each of our mortgage loans payable, senior unsecured notes, the Unsecured Term Loans and the Unsecured Credit Facility was primarily based upon Level 3 inputs.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI https://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
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-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 1I
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
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-Section 50
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-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Variable Interest Entities

12 Months Ended

Dec. 31, 2022

Variable Interest Entities [Abstract]

Variable Interest Entities

The Other Real Estate Partnerships are variable interest entities ("VIEs") of the Operating Partnership and the Operating Partnership is the primary beneficiary, thus causing the Other Real Estate Partnerships to be consolidated by the Operating Partnership. In addition, the Operating Partnership is a VIE of the Company and the Company is the primary beneficiary.

The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets, net of intercompany amounts:


	December 31, 2022		December 31, 2021
ASSETS
Assets:
Net Investment in Real Estate	$	313,245	$	277,984


Operating Lease Right-of-Use Assets	13,000		13,087
Cash and Cash Equivalents	2,915		9,126


Deferred Rent Receivable	13,261		10,984

Prepaid Expenses and Other Assets, Net	12,919		9,480

Total Assets	$	355,340	$	320,661
LIABILITIES AND PARTNERS' CAPITAL
Liabilities:

Accounts Payable, Accrued Expenses and Other Liabilities	$	18,148	$	9,496
Operating Lease Liabilities	10,249		10,277
Rents Received in Advance and Security Deposits	7,917		7,470

Partners' Capital	319,026		293,418
Total Liabilities and Partners' Capital	$	355,340	$	320,661

Joint Ventures

Through a wholly-owned TRS of the Operating Partnership, we own a 43% interest in the Joint Venture. Since we own our interest in the Joint Venture through a partnership with a third party and we hold the power to direct the activities that most significantly impact the economic performance of the partnership, we consolidate the partnership and reflect our partner's 6% interest in the Joint Venture within the financial statements. Additionally, we owned a 49% interest in a joint venture that sold its remaining acres of land and ceased operations during the year ended December 31, 2021 (the "Former Joint Venture" together with the Joint Venture, the "Joint Ventures"). The Joint Ventures were formed for the purpose of developing, leasing, operating and selling land located in the Phoenix, Arizona metropolitan area.

Under the operating agreements for the Joint Ventures, we act as the managing member and are entitled to receive fees for providing management, leasing, development, construction supervision, disposition and asset management services. In addition, the Joint Venture's operating agreement provides us the ability to earn incentive fees based on the ultimate financial performance of the Joint Venture.

During the years ended December 31, 2022 and 2021, we earned fees of $1,717 and $407, respectively, from the Joint Ventures related to asset management and development services we provided to the Joint Ventures, of which we deferred recognition of $395 and $86, respectively, due to our economic interest in the Joint Ventures. During the year ended December 31, 2022, we incurred fees of $909 related to third-party development management services associated with the Joint Venture. At December 31, 2022 and 2021, we had a receivable from the Joint Ventures of $34 and $56, respectively.

Net income of the Joint Ventures for the years ended December 31, 2022 and 2021 was $171,511 and $14,905, respectively. Included in net income during the year ended December 31, 2022 is gain on sale of real estate of $171,671 related to the sale of 391 acres of land for which our economic share of the gain on sale was $84,119. Included in net income during the year ended December 31, 2021 is gain on sale of real estate of $15,160 related to the sale of 138 net acres of land from the Former Joint Venture for which our economic share of the gain on sale was $7,142. However, since the Company was the purchaser of the 138 net acres, we netted our portion of gain on sale against the basis of the land acquired.

For the year ended December 31, 2022, we earned incentive fees of $31,308 from the Joint Venture, which are reflected in the Equity In Income of Joint Ventures line item in the consolidated statement of operations. For the year ended December 31, 2021, we earned incentive fees of $3,024 from the Former Joint Venture, which were netted against the basis of the real estate acquired from the Former Joint Venture.

The Joint Venture has three buildings under development comprising an aggregate 1.8 million square feet (the "Project") at December 31, 2022. During the year ended December 31, 2022, in connection with the Project, the Joint Venture entered into a construction loan with a capacity of $149,514 with a third party lender (the "Joint Venture Loan"). As of December 31, 2022, the balance of the Joint Venture Loan is $9,037, exclusive of $1,188 of debt issuance costs. With respect to the Joint Venture Loan, we provided a completion guarantee to the lender and our third-party joint venture partner that requires the Company to timely complete construction of the Project. Total estimated investment for the Project is approximately $210,300 and the Joint Venture is using a third-party contractor to develop the buildings pursuant to a guaranteed maximum price contract. We also provided a guarantee to the lender related to typical non-recourse exceptions and an environmental indemnity. It is not possible to estimate the amount of additional costs, if any, that we may incur in connection with our completion guarantees to the third party lender and/or our joint venture partner as well as the non-recourse exception and environmental indemnity guarantees; however, we do not expect that we will be required to make any significant payments in satisfaction of these guarantees.

As part of our assessment of the appropriate accounting treatment for the Joint Ventures, we reviewed the operating agreements of each Joint Venture in order to determine our rights and the rights of our joint venture partners, including whether those rights are protective or participating. Each operating agreement contains certain protective rights, such as the requirement of both members' approval to sell, finance or refinance the property and to pay capital expenditures and operating expenditures outside of the approved budget. Also, we and our Joint Venture partners jointly (i) approve the annual budget, (ii) approve certain expenditures, (iii) review and approve the Joint Venture's tax return before filing and (iv) approve each lease at a developed property. We consider the latter rights substantive participation rights that result in shared, joint power over the activities that most significantly impact the performance of each Joint Venture. As such, we concluded to account for our investments in each Joint Venture under the equity method of accounting.

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Stockholders' Equity of the Company and Partners' Capital of the Operating Partnership

Equity of the Company and Partners' Capital of the Operating Partnership

Noncontrolling Interest of the Company

The equity positions of various individuals and entities that contributed their properties to the Operating Partnership in exchange for Limited Partner Units, as well as the equity positions of the holders of Limited Partner Units issued in connection with the grant of restricted limited partner Units ("RLP Units") pursuant to the Company's stock incentive plan, are collectively referred to as the “Noncontrolling Interests.” An RLP Unit is a class of limited partnership interest of the Operating Partnership that is structured as a “profits interest” for U.S. federal income tax purposes and is an award that is granted under our Stock Incentive Plan (see Note 11). Generally, RLP Units entitle the holder to receive distributions from the Operating Partnership that are equivalent to the dividends and distributions that would be made with respect to the number of shares of Common Stock underlying such RLP Units, though receipt of such distributions may be delayed or made contingent on vesting. Once an RLP Unit has vested and received allocations of book income sufficient to increase the book capital account balance associated with such RLP Unit (which will initially be zero) equal to, on a per-unit basis, the book capital account balance associated with a “common” Limited Partner Unit of the Operating Partnership, it automatically becomes a common Limited Partner Unit that is convertible by the holder into one share of Common Stock or a cash equivalent, at the Company’s option. Net income is allocated to the Noncontrolling Interests based on the weighted average ownership percentage during the period.

Noncontrolling Interest - Joint Venture

Our ownership interest in the Joint Venture is held through a partnership with a third party. We concluded that we hold the power to direct the activities that most significantly impact the economic performance of the partnership. As a result, we consolidate the partnership and reflect the third party's interest in the partnership that invests in the Joint Venture as a Noncontrolling Interest. For the year ended December 31, 2022, our partner's share of the partnership's income was $14,003 and was reflected in the Equity in Income (Loss) of Joint Ventures and the Net Income Attributable to the Noncontrolling Interests line items in the Consolidated Statements of Operations. The Noncontrolling Interests line item in the Consolidated Balance Sheets includes $14,018 that is our third party partner's interest at December 31, 2022.

Operating Partnership Units

The Operating Partnership has issued General Partner Units and Limited Partner Units. The General Partner Units resulted from capital contributions from the Company. The Limited Partner Units are issued in conjunction with the acquisition of certain properties as well as through the issuance of RLP Units. Subject to certain lock-up periods, holders of Limited Partner Units can redeem their Units by providing written notification to the General Partner. Unless the General Partner provides notice of a redemption restriction to the holder, redemption must be made within seven business days after receipt of the holder's notice. The redemption can be effectuated, as determined by the General Partner, either by exchanging the Limited Partner Units for shares of common stock of the Company on a one-for-one basis, subject to adjustment, or by paying cash equal to the fair market value of such shares. Prior requests for redemption have generally been fulfilled with shares of common stock of the Company, and the Operating Partnership intends to continue this practice. If each Limited Partner Unit of the Operating Partnership were redeemed as of December 31, 2022, the Operating Partnership could satisfy its redemption obligations by making an aggregate cash payment of approximately $147,471 or by issuing 3,055,766 shares of the Company's common stock.

Preferred Stock or General Partner Preferred Units

The Company has 10,000,000 shares of preferred stock authorized. As of December 31, 2022 and 2021, there were no preferred shares or general partner preferred Units outstanding.

Shares of Common Stock or Unit Contributions

The following table is a roll-forward of the Company's shares of common stock outstanding and the Operating Partnership's Units outstanding, including equity compensation awards which are discussed Note 11, for the three years ended December 31, 2022:


	Shares of Common Stock Outstanding	General Partner and Limited Partner Units Outstanding
Balance at December 31, 2019	126,994,478	129,417,222
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	1,842,281	1,842,281
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	464,975
Vesting of Service Awards and Performance Units (as defined in Note 11)	107,752	107,752
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(65,709)	(67,676)
Conversion of Limited Partner Units (A)	172,610	—
Balance at December 31, 2020	129,051,412	131,764,554
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	2,513,758	2,513,758
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	337,685
Vesting of Service Awards and Performance Units (as defined in Note 11)	133,803	133,803
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(55,201)	(66,872)
Conversion of Limited Partner Units (A)	103,953	—
Balance at December 31, 2021	131,747,725	134,682,928
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	218,230	218,230
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	280,081
Vesting of Service Awards and Performance Units (as defined Note 11)	49,964	49,964
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(13,437)	(33,934)
Conversion of Limited Partner Units (A)	139,021	—

Balance at December 31, 2022	132,141,503	135,197,269

(A) For the years ended December 31, 2022, 2021 and 2020, 139,021, 103,953 and 172,610 Limited Partner Units, respectively, were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $2,444, $1,761 and $2,090, respectively, of noncontrolling interest to the Company's equity.

ATM Program

On February 14, 2020, we entered into distribution agreements with certain sales agents to sell up to 14,000,000 shares of the Company's common stock, for up to $500,000 aggregate gross sales proceeds, from time to time in "at-the-market" offerings (the "2020 ATM Program"). Under the terms of the 2020 ATM Program, sales are to be made through transactions that are deemed to be "at-the-market" offerings, including sales made directly on the New York Stock Exchange or sales made through a market maker other than on an exchange or sales made through privately negotiated transactions. During the years ended December 31, 2022, 2021 and 2020, we issued 218,230, 2,513,758 and 1,842,281 shares of the Company's common stock under the ATM, respectively, which resulted in $12,823, $145,760 and $78,718 of net proceeds, respectively, and payment of compensation to certain sales agents of $130, $1,472 and $795, respectively.

Dividends/Distributions

The following table summarizes dividends/distributions accrued during the past three years:


	2022 Total Dividend/ Distribution		2021 Total Dividend/ Distribution		2020 Total Dividend/ Distribution
Common Stock/Operating Partnership Units	$	159,976	$	143,643	$	130,943

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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+ Details

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the Company and the Operating Partnership for the years ended December 31, 2022 and 2021:


	Derivative Instruments		Total for Operating Partnership		Comprehensive Income (Loss) Attributable to Noncontrolling Interest		Total for Company
Balance as of December 31, 2020	$	(17,308)	$	(17,308)	$	355	$	(16,953)
Other Comprehensive Income Before Reclassifications	6,146		6,146		(262)		5,884
Amounts Reclassified from Accumulated Other Comprehensive Loss	6,831		6,831		—		6,831
Net Current Period Other Comprehensive Income	12,977		12,977		(262)		12,715
Balance as of December 31, 2021	$	(4,331)	$	(4,331)	$	93	$	(4,238)
Other Comprehensive Income Before Reclassifications	39,021		39,021		(867)		38,154
Amounts Reclassified from Accumulated Other Comprehensive Income	(504)		(504)		—		(504)
Net Current Period Other Comprehensive Income	38,517		38,517		(867)		37,650
Balance as of December 31, 2022	$	34,186	$	34,186	$	(774)	$	33,412

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss) for both the Company and the Operating Partnership for the years ended December 31, 2022, 2021 and 2020:


	Amount Reclassified from Accumulated Other Comprehensive (Income) Loss
Accumulated Other Comprehensive (Income) Loss Components	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020		Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments	410		410		410		Interest Expense
Net Settlement (Receipts) Payments to our Counterparties	(914)		6,421		6,516		Interest Expense
Acceleration of 2020 Swap (as defined in Note 12)	—		—		201		General & Administrative
	$	(504)	$	6,831	$	7,127	Total

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $410 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement amounts on the 2021 Swaps, the 2022 Swaps and the 2022 Swaps II (as defined in Note 12) will also be reclassified to net income.

Earnings Per Share / Unit (EPS / EPU)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share / Unit (EPS / EPU)

Earnings Per Share and Earnings Per Unit ("EPS"/"EPU")

The computation of basic and diluted EPS of the Company is presented below:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Numerator:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities	$	359,134	$	270,997	$	195,989
Net Income Allocable to Participating Securities	(348)		(299)		(314)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders	$	358,786	$	270,698	$	195,675
Denominator (In Thousands):
Weighted Average Shares - Basic	132,024		129,688		127,711
Effect of Dilutive Securities:
Performance Units (See Note 11)	79		87		193
Weighted Average Shares - Diluted	132,103		129,775		127,904
Basic and Diluted EPS:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders	$	2.72	$	2.09	$	1.53

The computation of basic and diluted EPU of the Operating Partnership is presented below:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Numerator:
Net Income Available to Unitholders and Participating Securities	$	367,519	$	277,038	$	199,934
Net Income Allocable to Participating Securities	(877)		(770)		(662)
Net Income Available to Unitholders	$	366,642	$	276,268	$	199,272
Denominator (In Thousands):
Weighted Average Units - Basic	134,229		131,740		129,752
Effect of Dilutive Securities that Result in the Issuance of General Partner Units:
Performance Units and certain Performance RLP Units (See Note 11)	452		497		375
Weighted Average Units - Diluted	134,681		132,237		130,127
Basic EPU:
Net Income Available to Unitholders	$	2.73	$	2.10	$	1.54
Diluted EPU:
Net Income Available to Unitholders	$	2.72	$	2.09	$	1.53

At December 31, 2022, 2021 and 2020, participating securities for the Company include 143,080, 147,937 and 211,920, respectively, of Service Awards (see Note 11), which participate in non-forfeitable distributions. At December 31, 2022, 2021, and 2020, participating securities for the Operating Partnership include 336,030, 378,548 and 444,407, respectively, of Service Awards and certain Performance Awards (see Note 11), which participate in non-forfeitable distributions. Under the two class method, participating security holders are allocated income, in proportion to total weighted average shares or Units outstanding, based upon the greater of net income or common stock dividends or Unit distributions declared.

Income Taxes

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

Our Consolidated Financial Statements include the operations of our TRSs, which are not entitled to the dividends paid deduction and are subject to federal, state and local income taxes on its taxable income. During the years ended December 31, 2022, 2021 and 2020, the Company qualified as a REIT and incurred no federal income tax expense; accordingly, the only federal income taxes included in the accompanying Consolidated Financial Statements relate to activities of our TRSs. The components of the income tax provision for the years ended December 31, 2022, 2021 and 2020 is comprised of the following:


	Year Ended December 31,
	2022		2021		2020
Current:
Federal	$	(226)	$	(2,458)	$	(3,659)
State	(356)		(1,936)		(1,718)

Deferred:

Federal	(19,154)		(454)		2,969
State	(3,627)		(31)		—

Total Income Tax Provision	$	(23,363)	$	(4,879)	$	(2,408)

Deferred income taxes represent the tax effect of the temporary differences between the book and tax basis of assets and liabilities. Deferred income tax assets and liabilities include the following as of December 31, 2022 and 2021:


	Year Ended December 31,
	2022		2021
Basis Difference - Real Estate	$	1,603	$	332
Section 163(j) Interest Limitation	551		316
Other - Temporary Differences	263		243
Total Deferred Income Tax Assets, Net of Allowance	$	2,417	$	891

Deferred Income - Investment in Joint Venture	$	(24,340)	$	—
Other - Temporary Differences	(299)		(332)
Total Deferred Income Tax Liabilities	$	(24,639)	$	(332)
Total Net Deferred Income Tax (Liabilities) Assets	$	(22,222)	$	559

We evaluate tax positions taken in the financial statements on a quarterly basis under the interpretation for accounting for uncertainty in income taxes. As a result of this evaluation, we may recognize a tax benefit from an uncertain tax position only if it is "more-likely-than-not" that the tax position will be sustained on examination by taxing authorities. As of December 31, 2022, we do not have any unrecognized tax benefits.

We file income tax returns in the U.S. and various states. The statute of limitations for income tax returns is generally three years. As such, our tax returns that are subject to examination would be primarily from 2019 and thereafter. There were no material interest or penalties recorded for the years ended December 31, 2022, 2021 and 2020.

Federal Income Tax Treatment of Common Dividends

For the years ended December 31, 2022, 2021 and 2020, the dividends paid to the Company's common shareholders per common share for income tax purposes were characterized as follows:


	2022		As a Percentage of Distributions		2021		As a Percentage of Distributions		2020		As a Percentage of Distributions
Ordinary Income (A)	$	1.0720	90.85	%	$	0.9928	91.93	%	$	0.5800	58.00	%
Unrecaptured Section 1250 Capital Gain	0.0060		0.51	%	0.0060		0.55	%	0.2576		25.76	%
Other Capital Gain (B)	0.0168		1.42	%	0.0128		1.19	%	0.1624		16.24	%
Qualified Dividend	0.0852		7.22	%	0.0684		6.33	%	—		0.00	%

	$	1.1800	100.00	%	$	1.0800	100.00	%	$	1.0000	100.00	%

(A) For the years ended December 31, 2022, 2021 and 2020, the Code Section 199A dividend is equal to the total ordinary income dividend.

(B) For the year ended December 31, 2022, Section 1061 of the Code related to Capital Gains for One Year Amounts was 52.0% and for Three Year Amounts was 12.6%.

The income tax characterization of dividends to common shareholders is based on the calculation of Taxable Earnings and Profits, as defined in the Code. Taxable Earnings and Profits differ from regular taxable income due primarily to differences in the estimated useful lives and methods used to compute depreciation and in the recognition of gains and losses on the sale of real estate assets.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

Lessee Disclosures

We are a lessee on a limited number of ground and office leases (the "Operating Leases"). Our office leases have remaining lease terms of less than one year to six years and our ground leases have remaining terms of 32 years to 49 years. For the year ended December 31, 2022, we recognized $3,458 of operating lease expense, inclusive of short-term and variable lease costs which are not significant.

The following is a schedule of the maturities of operating lease liabilities for the next five years as of December 31, 2022, and thereafter:


2023	$	2,771
2024	2,643
2025	2,423
2026	1,952
2027	1,549
Thereafter	55,975
Total Lease Payments	67,313
Less Imputed Interest (A)	(45,047)
Total	$	22,266

(A) Calculated using the discount rate for each lease.

As of December 31, 2022, our weighted average remaining lease term for the Operating Leases is 38.5 years and the weighted average discount rate is 7.2%.

A number of the Operating Leases include options to extend the lease term. For purposes of determining our lease term, we excluded periods covered by an option since it was not reasonably certain at lease commencement that we would exercise the options.

Lessor Disclosures

Our properties and certain land parcels are leased to tenants and classified as operating leases. Future minimum rental receipts, excluding variable payments and tenant reimbursements of expenses, under non-cancelable operating leases that commenced prior to December 31, 2022 are approximately as follows:


2023	$	406,903
2024	374,301
2025	337,512
2026	289,469
2027	231,940
Thereafter	551,171
Total	$	2,191,296

Several of our operating leases include options to extend the lease term and/or to purchase the building. For purposes of determining the lease term and lease classification, we exclude these extension periods and purchase options unless it is reasonably certain at lease commencement that the option will be exercised.

Long-Term Compensation

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Long-Term Compensation

Equity Based Compensation

The Company maintains a stock incentive plan which is administered by the Compensation Committee of the Board of Directors in which officers, certain employees and the Company's independent directors are eligible to participate (the "Stock Incentive Plan"). Among other forms of allowed awards, awards made under the Stock Incentive Plan during the three years ended December 31, 2022 have been in the form of restricted stock awards, restricted stock unit awards, performance share awards and RLP Units (as defined in Note 6). Special provisions apply to awards granted under the Stock Incentive Plan in the event of a change in control in the Company. As of December 31, 2022, awards covering 2.5 million shares of common stock were available to be granted under the Stock Incentive Plan. Under the Stock Incentive Plan, each RLP Unit counts as one share of common stock for purposes of calculating the limit on shares that may be issued.

Awards with Performance Measures

During the years ended December 31, 2022, 2021 and 2020, the Company granted 35,867, 58,568, and 59,263 performance units ("Performance Units"), respectively, to certain employees. In addition, the Company granted 208,454, 263,621 and 322,477 RLP Units, respectively, for the years ended December 31, 2022, 2021 and 2020, with the same performance-based criteria as the Performance Units ("Performance RLP Units" and, together with the Performance Units, collectively the "Performance Awards") to certain employees. A portion of each Performance Award vests based upon the total shareholder return ("TSR") of the Company's common stock compared to the TSR of the FTSE Nareit All Equity Index and the remainder vests based upon the TSR of the Company’s common stock compared to a specified group of peer industrial real estate companies. The performance period for awards issued in 2022 is three years and compensation expense is charged to earnings over the applicable vesting period for the Performance Awards. At the end of the measurement period, vested Performance Units convert into shares of common stock. The participant is also entitled to dividend equivalents for shares or RLP Units issued pursuant to vested Performance Awards. The Operating Partnership issues General Partner Units to the Company in the same amounts for vested Performance Units.

The Performance Awards issued for the years ended December 31, 2022, 2021 and 2020, had fair value of $7,266, $7,162, and $7,883, respectively. The fair values were determined by a lattice-binomial option-pricing model based on Monte Carlo simulations using the following assumptions:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Expected dividend yield	1.75	%	2.49	%	2.22	%
Expected volatility - range used	19.89% - 28.74%		29.00% - 37.18%		16.25% - 17.56%
Expected volatility - weighted average	24.91	%	32.44	%	16.97	%
Risk-free interest rate	0.22% - 1.21%		0.02% - 0.19%		1.63% - 1.68%

Performance Award transactions for the year ended December 31, 2022 are summarized as follows:


	Performance Units	Weighted Average Grant Date Fair Value		Performance RLP Units	Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021	142,498	$	19.47	724,425	$	19.45
Issued	35,867	$	29.74	208,454	$	29.74
Forfeited	(2,117)	$	21.42	(12,803)	$	20.65
Vested	(31,167)	$	12.45	(180,646)	$	13.54
Outstanding at December 31, 2022	145,081	$	23.49	739,430	$	23.78

Service Based Awards

During the years ended December 31, 2022, 2021 and 2020, the Company awarded 78,482, 67,127, and 80,387 of restricted stock units ("Service Units"), respectively, to certain employees and outside directors. In addition, for the years ended December 31, 2022, 2021 and 2020, the Company awarded 57,907, 51,525 and 119,596 RLP Units, respectively, ("Service RLP Units" and, together with the Service Units, collectively the "Service Awards") to certain employees and outside directors. The fair value is based on the Company's stock price on the date such awards were approved by the Compensation Committee of the Board of Directors. The Service Awards granted to employees were based upon the prior achievement of certain corporate performance goals and generally vest ratably over a period of three years based on continued employment. Service Awards granted to outside directors vest after one year. The Operating Partnership issued restricted Unit awards to the Company in the same amount for the restricted stock units. Compensation expense is charged to earnings over the vesting periods for the Service Awards.

The Service Awards issued for the years ended December 31, 2022, 2021 and 2020 had fair value of $8,032, $5,195 and $8,641, respectively. Service Award transactions for the year ended December 31, 2022 are summarized as follows:


	Service Units	Weighted Average Grant Date Fair Value		Service RLP Units	Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021	147,937	$	41.95	158,169	$	41.60
Issued	78,482	$	57.60	57,907	$	60.64
Forfeited	(1,752)	$	48.94	—	$	—
Vested	(81,587)	$	40.27	(97,069)	$	40.38
Outstanding at December 31, 2022	143,080	$	51.41	119,007	$	51.85

Compensation Expense Related to Long-Term Compensation

For the years ended December 31, 2022, 2021 and 2020, we recognized $15,722, $13,719 and $12,931, respectively, in compensation expense related to Performance Awards and Service Awards. Performance Award and Service Award compensation expense capitalized in connection with development activities was $3,605, $2,405 and $2,030 for the years ended December 31, 2022, 2021 and 2020, respectively. At December 31, 2022, we had $10,566 in unrecognized compensation related to unvested Performance Awards and Service Awards. The weighted average period that the unrecognized compensation is expected to be recognized is 0.91 years.

Retirement Eligibility

Award agreements issued underlying Performance Awards and Service Awards contain a retirement benefit for employees with at least 10 years of continuous service and that are at least 60 years old. For employees that meet the age and service eligibility requirements, their awards are non-forfeitable. As such, we recognize expense for 100% of the awards granted to retirement-eligible employees at the grant date as if fully vested. For employees who meet the age and service eligibility requirements during the normal vesting periods, the grants are amortized over the shorter service period.

401(k) Plan

Under the Company's 401(k) Plan, all eligible employees may participate by making voluntary contributions, and we may make, but are not required to make, matching contributions. For the years ended December 31, 2022, 2021 and 2020, total expense related to matching contributions was $1,314, $1,186 and $977, respectively.

Derivatives

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

Derivative Instruments

Our objectives in using derivatives are to add stability to interest expense and to manage our cash flow volatility and exposure to interest rate movements. To accomplish these objectives, we primarily use derivative instruments as part of our interest rate risk management strategy. Derivative instruments designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

We entered into interest rate swaps to manage our exposure to changes in the one-month LIBOR rate related to our Unsecured Term Loans. We have three interest rate swaps with an aggregate notional value of $200,000 that fix the one-month LIBOR rate at 0.99% and mature on February 2, 2026 (the "2021 Swaps"). We also had six interest rate swaps, with an aggregate notional value of $260,000, that fixed the one-month LIBOR rate at a weighted average rate of 1.79% and matured on September 12, 2022 (the "2015 Swaps").

During the year ended December 31, 2022, we entered into eight interest rate swaps (the "2022 Swaps") with an aggregate notional value of $425,000 to manage our exposure to changes in the one-month SOFR rate related to our 2022 Unsecured Term Loan. The 2022 Swaps commenced October 3, 2022 and fix the one-month SOFR rate at 2.69% and mature on September 30, 2027. We have designated the 2022 Swaps as cash flow hedges.

Additionally, during the year ended December 31, 2022, we entered into seven interest rate swaps (the "2022 Swaps II") with an aggregate notional value of $300,000 to manage our exposure to changes in the adjusted daily simple SOFR rate related to our 2022 Unsecured Term Loan II. The 2022 Swaps II commenced December 1, 2022 and fix the daily simple SOFR rate at 3.93%. $150,000 of the 2022 Swaps II's notional value matures on December 1, 2025 and the remaining $150,000 of the 2022 Swaps II's notional value matures on August 1, 2027. We have designated the 2022 Swaps II as cash flow hedges.

During the year ended December 31, 2020, we entered into an interest rate swap to manage our exposure to changes in the one-month LIBOR rate related to our Unsecured Credit Facility (the "2020 Swap"). The 2020 Swap commenced April 1, 2020, matured on April 1, 2021, had a notional value of $150,000 and fixed the one-month LIBOR rate at 0.42%. We initially designated the 2020 Swap as a cash flow hedge. During the year ended December 31, 2020, however, we accelerated the reclassification of the fair value of the 2020 Swap from other comprehensive income to earnings since the hedged forecasted transaction was no longer expected to be probable to occur.

Our agreements with our derivative counterparties contain certain cross-default provisions that may be triggered in the event that our other indebtedness is in default, subject to certain thresholds. As of December 31, 2022, we had not posted any collateral related to these agreements and were not in breach of any of the provisions of these agreements. If we had breached these agreements, we could have been required to settle our obligations under the agreements at their termination value.

The following table sets forth our financial assets and liabilities related to the 2015 Swaps, the 2021 Swaps, the 2022 Swaps and the 2022 Swaps II, which are included in the line items Prepaid Expenses and Other Assets, Net or Accounts Payable, Accrued Expenses and Other Liabilities and are accounted for at fair value on a recurring basis as of December 31, 2022 and 2021:


			Fair Value Measurements at Reporting Date Using:
Description	Fair Value at December 31, 2022		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Derivatives designated as a hedging instrument:
Assets:
2021 Swaps	$	17,976	—	$	17,976	—
2022 Swaps	$	19,057	—	$	19,057	—
Liabilities:
2022 II Swaps	$	(253)	—	$	(253)	—





	Fair Value at December 31, 2021
Derivatives designated as a hedging instrument:
Assets:
2021 Swaps	$	1,341	—	$	1,341	—
Liabilities:
2015 Swaps	$	(2,668)	—	$	(2,668)	—

There was no ineffectiveness recorded on the 2015 Swaps, the 2021 Swaps, the 2022 Swaps or the 2022 II Swaps during the year ended December 31, 2022. See Note 7 for more information regarding our derivatives.

The estimated fair value of the 2015 Swaps, the 2021 Swaps, the 2022 Swaps and the 2022 II Swaps was determined using the market standard methodology of netting the discounted fixed cash payments and the discounted expected variable cash receipts. The variable cash receipts are based on an expectation of interest rates (forward curves) derived from observable market interest rate curves. In addition, credit valuation adjustments are incorporated in the fair value to account for potential non-performance risk, including our own non-performance risk and the respective counterparty's non-performance risk. We determined that the significant inputs used to value the 2015 Swaps, the 2021 Swaps, the 2022 Swaps and the 2022 II Swaps fell within Level 2 of the fair value hierarchy.

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsAt December 31, 2022 and 2021, the Operating Partnership had receivable balances of $9,285 and $9,239, respectively, from a direct wholly-owned subsidiary of the Company.

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, we are involved in legal actions arising from the ownership of our industrial properties. In our opinion, the liabilities, if any, that may ultimately result from such legal actions are not expected to have a materially adverse effect on our consolidated financial position, operations or liquidity. At December 31, 2022, we had outstanding letters of credit and performance bonds in the aggregate amount of $22,612. In conjunction with the development of industrial properties, we have entered into agreements with general contractors for the construction of industrial properties. At December 31, 2022, we had 14 industrial properties totaling approximately 3.6 million square feet of GLA under construction. The estimated total investment associated with these properties, as of December 31, 2022, is approximately $556,200 (unaudited). Of this amount, approximately $263,100 (unaudited) remains to be funded. There can be no assurance that the actual completion cost associated with these properties will not exceed the estimated total investment.

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsFrom January 1, 2023 to February 15, 2023, we acquired one industrial building for a purchase price of $6,000, excluding transaction costs.

Schedule III: Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III: Real Estate and Accumulated Depreciation


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
				Initial Cost				Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision		Gross Amount Carried At Close of Period 12/31/22								Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances		Land		Buildings and Improvements				Land		Buildings and Improvements		Total		(b) Accumulated Depreciation 12/31/2022
Properties		(In thousands)
Atlanta
1650 Highway 155	McDonough, GA	$	—	$	779	$	4,544	$	(724)	$	345	$	4,254	$	4,599	$	3,021	1994
4051 Southmeadow Parkway	Atlanta, GA	—		726		4,130		1,593		726		5,723		6,449		3,740		1994
4071 Southmeadow Parkway	Atlanta, GA	—		750		4,460		2,182		828		6,564		7,392		4,224		1994
4081 Southmeadow Parkway	Atlanta, GA	—		1,012		5,918		2,397		1,157		8,170		9,327		5,221		1994
5570 Tulane Drive	Atlanta, GA	—		527		2,984		1,229		546		4,194		4,740		2,502		1996
955 Cobb Place	Kennesaw, GA	—		780		4,420		1,068		804		5,464		6,268		3,269		1997
1005 Sigman Road	Conyers, GA	—		566		3,134		911		574		4,037		4,611		2,163		1999
2050 East Park Drive	Conyers, GA	—		452		2,504		711		459		3,208		3,667		1,720		1999
3060 South Park Boulevard	Ellenwood, GA	—		1,600		12,464		3,478		1,604		15,938		17,542		8,196		2003
175 Greenwood Industrial Parkway	McDonough, GA	—		1,550		—		8,134		1,550		8,134		9,684		3,533		2004
5095 Phillip Lee Drive	Atlanta, GA	—		735		3,627		(198)		740		3,424		4,164		3,162		2005
6514 Warren Drive	Norcross, GA	—		510		1,250		191		513		1,438		1,951		839		2005
6544 Warren Drive	Norcross, GA	—		711		2,310		411		715		2,717		3,432		1,697		2005
5356 E. Ponce De Leon Avenue	Stone Mountain, GA	—		604		3,888		1,093		610		4,975		5,585		3,624		2005
5390 E. Ponce De Leon Avenue	Stone Mountain, GA	—		397		1,791		543		402		2,329		2,731		1,560		2005
1755 Enterprise Drive	Buford, GA	—		712		2,118		26		716		2,140		2,856		1,189		2006
4555 Atwater Court	Buford, GA	—		881		3,550		449		885		3,995		4,880		2,176		2006
80 Liberty Industrial Parkway	McDonough, GA	—		756		3,695		(1,212)		467		2,772		3,239		1,391		2007
596 Bonnie Valentine Way	Pendergrass, GA	—		2,580		21,730		2,514		2,594		24,230		26,824		8,528		2007
5055 Oakley Industrial Boulevard	Fairburn, GA	—		8,514		—		166		8,680		—		8,680		—		2008
11415 Old Roswell Road	Alpharetta, GA	—		2,403		1,912		464		2,428		2,351		4,779		1,269		2008
1281 Highway 155 S.	McDonough, GA	—		2,501		—		17,232		2,502		17,231		19,733		3,393		2016
4955 Oakley Industrial Boulevard	Fairburn, GA	—		3,650		—		34,386		3,661		34,375		38,036		3,040		2019
Baltimore/Washington D.C.
16522 Hunters Green Parkway	Hagerstown, MD	—		1,390		13,104		6,966		1,863		19,597		21,460		7,799		2003
22520 Randolph Drive	Dulles, VA	—		3,200		8,187		216		3,208		8,395		11,603		3,335		2004
22630 Dulles Summit Court	Dulles, VA	—		2,200		9,346		(871)		2,206		8,469		10,675		3,498		2004
11204 McCormick Road	Hunt Valley, MD	—		1,017		3,132		216		1,038		3,327		4,365		2,218		2005
11110 Pepper Road	Hunt Valley, MD	—		918		2,529		666		938		3,175		4,113		2,072		2005
10709 Gilroy Road	Hunt Valley, MD	—		913		2,705		175		913		2,880		3,793		2,305		2005
10707 Gilroy Road	Hunt Valley, MD	—		1,111		3,819		886		1,136		4,680		5,816		3,369		2005
38 Loveton Circle	Sparks, MD	—		1,648		2,151		(192)		1,690		1,917		3,607		1,385		2005


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
1225 Bengies Road	Baltimore, MD	—	2,640	270	12,539	2,823	12,626	15,449	4,854	2008
100 Tyson Drive	Winchester, VA	—	2,320	—	11,126	2,401	11,045	13,446	4,305	2007
400 Old Post Road	Aberdeen, MD	—	3,411	17,144	420	3,411	17,564	20,975	5,023	2015
500 Old Post Road	Aberdeen, MD	—	8,289	30,533	5,143	8,289	35,676	43,965	9,118	2015
5300 & 5315 Nottingham Drive	White Marsh, MD	—	12,075	41,008	19,591	12,081	60,593	72,674	6,752	2020
5301 Nottingham Drive	White Marsh, MD	—	4,952	12,511	2,849	4,978	15,334	20,312	1,596	2020
Central/Eastern Pennsylvania
401 Russell Drive	Middletown, PA	—	262	857	2,064	287	2,896	3,183	2,473	1994
2700 Commerce Drive	Middletown, PA	—	196	997	878	206	1,865	2,071	1,735	1994
2701 Commerce Drive	Middletown, PA	—	141	859	1,399	164	2,235	2,399	1,897	1994
2780 Commerce Drive	Middletown, PA	—	113	743	1,295	209	1,942	2,151	1,774	1994
350 Old Silver Spring Road	Mechanicsburg, PA	—	510	2,890	6,393	541	9,252	9,793	5,142	1997
14 McFadden Road	Palmer, PA	—	600	1,349	(305)	625	1,019	1,644	497	2004
431 Railroad Avenue	Shiremanstown, PA	—	1,293	7,164	2,914	1,341	10,030	11,371	6,951	2005
6951 Allentown Boulevard	Harrisburg, PA	—	585	3,176	202	601	3,362	3,963	1,841	2005
2801 Red Lion Road	Philadelphia, PA	—	950	5,916	192	964	6,094	7,058	4,139	2005
1351 Eisenhower Boulevard, Bldg. 1	Harrisburg, PA	—	382	2,343	(297)	387	2,041	2,428	1,029	2006
1351 Eisenhower Boulevard, Bldg. 2	Harrisburg, PA	—	436	1,587	(322)	443	1,258	1,701	637	2006
200 Cascade Drive, Bldg. 1	Allentown, PA	—	2,133	17,562	3,808	2,769	20,734	23,503	10,504	2007
200 Cascade Drive, Bldg. 2	Allentown, PA	—	310	2,268	160	316	2,422	2,738	1,075	2007
1490 Dennison Circle	Carlisle, PA	—	1,500	—	12,961	2,341	12,120	14,461	4,596	2008
298 First Avenue	Gouldsboro, PA	—	7,022	—	59,058	7,019	59,061	66,080	20,827	2008
225 Cross Farm Lane	York, PA	—	4,718	—	25,361	4,715	25,364	30,079	9,146	2008
2455 Boulevard of Generals	Norristown, PA	—	1,200	4,800	344	1,226	5,118	6,344	3,011	2008
105 Steamboat Boulevard	Manchester, PA	—	4,085	14,464	(1,524)	4,070	12,955	17,025	4,248	2012
20 Leo Lane	York County, PA	—	6,884	—	27,488	6,889	27,483	34,372	6,163	2013
3895 Eastgate Boulevard, Bldg A	Easton, PA	—	4,855	—	17,605	4,388	18,072	22,460	3,190	2015
3895 Eastgate Boulevard, Bldg B	Easton, PA	—	3,459	—	12,843	3,128	13,174	16,302	2,348	2015
112 Bordnersville Road	Jonestown, PA	—	13,702	—	41,431	13,724	41,409	55,133	6,726	2018
122 Bordnersville Road	Jonestown, PA	—	3,165	—	14,631	3,171	14,625	17,796	1,623	2018
2021 Woodhaven Road	Philadelphia, PA	—	2,059	—	9,936	2,087	9,908	11,995	640	2020
1960 Weaversville Road	Allentown, PA	—	2,196	—	11,513	2,196	11,513	13,709	—	2022
2771 N. Market Street	Elizabethtown, PA	—	50,789	—	64,592	50,789	64,592	115,381	654	2022


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
Chicago
720-730 Landwehr Drive	Northbrook, IL	—	521	2,982	1,376	521	4,358	4,879	2,563	1994
1385 101st Street	Lemont, IL	—	967	5,554	1,942	968	7,495	8,463	4,678	1994
2300 Windsor Court	Addison, IL	—	688	3,943	872	696	4,807	5,503	3,194	1994
305-311 Era Drive	Northbrook, IL	—	200	1,154	1,158	205	2,307	2,512	1,252	1994
800 Business Drive	Mount Prospect, IL	—	631	3,493	328	666	3,786	4,452	2,112	2000
580 Slawin Court	Mount Prospect, IL	—	233	1,292	(80)	162	1,283	1,445	692	2000
1005 101st Street	Lemont, IL	—	1,200	6,643	1,679	1,220	8,302	9,522	4,322	2001
175 Wall Street	Glendale Heights, IL	—	427	2,363	767	433	3,124	3,557	1,530	2002
251 Airport Road	North Aurora, IL	—	983	—	6,780	983	6,780	7,763	3,357	2002
400 Crossroads Parkway	Bolingbrook, IL	—	1,178	9,453	3,136	1,181	12,586	13,767	5,865	2005
7801 W. Industrial Drive	Forest Park, IL	—	1,215	3,020	1,459	1,220	4,474	5,694	3,002	2005
725 Kimberly Drive	Carol Stream, IL	—	793	1,395	5	801	1,392	2,193	878	2005
2900 W. 166th Street	Markham, IL	—	1,132	4,293	(1,288)	1,134	3,003	4,137	1,146	2007
555 W. Algonquin Road	Arlington Heights, IL	—	574	741	2,326	579	3,062	3,641	1,481	2007
1501 Oakton Street	Elk Grove Village, IL	—	3,369	6,121	96	3,482	6,104	9,586	2,982	2008
16500 W. 103rd Street	Woodridge, IL	—	744	2,458	529	762	2,969	3,731	1,776	2008
8505 50th Street	Kenosha, WI	—	3,212	—	37,245	4,296	36,161	40,457	14,885	2008
4100 Rock Creek Boulevard	Joliet, IL	—	4,476	16,061	1,311	4,476	17,372	21,848	6,521	2013
10100 58th Place	Kenosha, WI	—	4,201	17,604	(2,005)	4,201	15,599	19,800	4,270	2013
401 Airport Road	North Aurora, IL	—	534	1,957	(147)	534	1,810	2,344	472	2014
3737 84th Avenue	Somers, WI	—	1,943	—	24,116	1,943	24,116	26,059	4,261	2016
81 Paragon Drive	Romeoville, IL	—	1,787	7,252	1,101	1,788	8,352	10,140	2,014	2016
10680 88th Avenue	Pleasant Prairie, WI	—	1,376	4,757	—	1,376	4,757	6,133	1,038	2017
8725 31st Street	Somers, WI	—	2,133	—	26,102	2,134	26,101	28,235	4,069	2017
3500 Channahon Road	Joliet, IL	—	2,595	—	18,560	2,598	18,557	21,155	3,027	2017
1998 Melissa Lane	Aurora, IL	—	2,401	9,970	748	2,400	10,719	13,119	1,501	2019
8630 31st Street	Somers, WI	—	1,784	—	32,642	1,784	32,642	34,426	—	2022
Cincinnati
4700-4750 Creek Road	Blue Ash, OH	—	1,080	6,118	1,523	1,109	7,612	8,721	4,690	1996
4436 Muhlhauser Road	Hamilton, OH	—	630	—	5,769	630	5,769	6,399	3,014	2002
4438 Muhlhauser Road	Hamilton, OH	—	779	—	6,557	779	6,557	7,336	3,203	2002
9345 Princeton-Glendale Road	Westchester, OH	—	818	1,648	480	840	2,106	2,946	1,474	2006
9525 Glades Drive	Westchester, OH	—	347	1,323	285	355	1,600	1,955	993	2007


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
9774-9792 Windisch Road	Westchester, OH	—	392	1,744	215	394	1,957	2,351	793	2007
9808-9830 Windisch Road	Westchester, OH	—	395	2,541	(43)	397	2,496	2,893	923	2007
9842-9862 Windisch Road	Westchester, OH	—	506	3,148	(323)	508	2,823	3,331	1,004	2007
9872-9898 Windisch Road	Westchester, OH	—	546	3,039	153	548	3,190	3,738	1,141	2007
9902-9922 Windisch Road	Westchester, OH	—	623	4,003	(657)	627	3,342	3,969	1,333	2007
Dallas/Ft. Worth
2406-2416 Walnut Ridge	Dallas, TX	—	178	1,006	1,177	172	2,189	2,361	949	1997
2401-2419 Walnut Ridge	Dallas, TX	—	148	839	600	142	1,445	1,587	668	1997
900-906 Great Southwest Parkway	Arlington, TX	—	237	1,342	882	270	2,191	2,461	1,140	1997
3000 West Commerce Street	Dallas, TX	—	456	2,584	910	469	3,481	3,950	2,052	1997
816 111th Street	Arlington, TX	—	251	1,421	235	258	1,649	1,907	978	1997
1602-1654 Terre Colony Court	Dallas, TX	—	458	2,596	927	468	3,513	3,981	1,800	2000
2220 Merritt Drive	Garland, TX	—	352	1,993	302	316	2,331	2,647	1,139	2000
2485-2505 Merritt Drive	Garland, TX	—	431	2,440	495	443	2,923	3,366	1,498	2000
2110 Hutton Drive	Carrolton, TX	—	374	2,117	(188)	255	2,048	2,303	1,044	2001
2025 McKenzie Drive	Carrolton, TX	—	437	2,478	526	442	2,999	3,441	1,533	2001
2019 McKenzie Drive	Carrolton, TX	—	502	2,843	843	507	3,681	4,188	1,779	2001
2029-2035 McKenzie Drive	Carrolton, TX	—	306	1,870	997	306	2,867	3,173	1,263	2001
2015 McKenzie Drive	Carrolton, TX	—	510	2,891	671	516	3,556	4,072	1,744	2001
2009 McKenzie Drive	Carrolton, TX	—	476	2,699	537	481	3,231	3,712	1,651	2001
900-1100 Avenue S	Grand Prairie, TX	—	623	3,528	1,111	629	4,633	5,262	2,228	2002
Plano Crossing Business Park	Plano, TX	—	1,961	11,112	913	1,981	12,005	13,986	5,937	2002
825-827 Avenue H	Arlington, TX	—	600	3,006	1,092	604	4,094	4,698	2,331	2004
1013-31 Avenue M	Grand Prairie, TX	—	300	1,504	317	302	1,819	2,121	1,105	2004
1172-84 113th Street	Grand Prairie, TX	—	700	3,509	(84)	704	3,421	4,125	1,900	2004
1200-16 Avenue H	Arlington, TX	—	600	2,846	808	604	3,650	4,254	1,885	2004
1322-66 W. North Carrier Parkway	Grand Prairie, TX	—	1,000	5,012	1,328	1,006	6,334	7,340	3,621	2004
2401-2407 Centennial Drive	Arlington, TX	—	600	2,534	710	604	3,240	3,844	2,013	2004
3111 West Commerce Street	Dallas, TX	—	1,000	3,364	1,088	1,011	4,441	5,452	2,710	2004
13800 Senlac Drive	Farmers Branch, TX	—	823	4,042	(149)	825	3,891	4,716	2,056	2005
801-831 S. Great Southwest Parkway	Grand Prairie, TX	—	2,581	16,556	2,368	2,586	18,919	21,505	14,413	2005
801 Heinz Way	Grand Prairie, TX	—	599	3,327	446	601	3,771	4,372	2,628	2005
901-937 Heinz Way	Grand Prairie, TX	—	493	2,758	51	481	2,821	3,302	2,142	2005
3301 Century Circle	Irving, TX	—	760	3,856	(123)	771	3,722	4,493	1,748	2007


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
3901 W. Miller Road	Garland, TX	—	1,912	—	14,414	1,947	14,379	16,326	5,064	2008
1251 North Cockrell Hill Road	Dallas, TX	—	2,064	—	14,689	1,073	15,680	16,753	3,490	2015
1171 North Cockrell Hill Road	Dallas, TX	—	1,215	—	10,982	632	11,565	12,197	2,570	2015
3996 Scientific Drive	Arlington, TX	—	1,301	—	7,094	1,349	7,046	8,395	1,289	2015
750 Gateway Boulevard	Coppell, TX	—	1,452	4,679	80	1,452	4,759	6,211	1,247	2015
2250 East Bardin Road	Arlington, TX	—	1,603	—	10,164	1,603	10,164	11,767	1,656	2016
2001 Midway Road	Lewisville, TX	—	3,963	—	13,106	3,963	13,106	17,069	1,336	2019
2025 Midway Road	Lewisville, TX	—	2,243	—	8,413	2,243	8,413	10,656	1,539	2019
5300 Mountain Creek	Dallas, TX	—	4,675	—	48,002	4,779	47,898	52,677	4,588	2019
3700 Sandshell Drive	Fort Worth, TX	—	1,892	—	9,867	1,901	9,858	11,759	1,442	2019
1901 Midway Road	Lewisville, TX	—	7,519	—	24,451	7,514	24,456	31,970	2,239	2020
2051 Midway Road	Lewisville, TX	—	1,353	—	14,118	1,421	14,050	15,471	497	2022
2075 Midway Road	Lewisville, TX	—	2,785	—	17,129	2,841	17,073	19,914	467	2022
Denver
4785 Elati Street	Denver, CO	—	173	981	417	175	1,396	1,571	753	1997
4770 Fox Street	Denver, CO	—	132	750	325	134	1,073	1,207	614	1997
3851-3871 Revere Street	Denver, CO	—	361	2,047	345	368	2,385	2,753	1,449	1997
4570 Ivy Street	Denver, CO	—	219	1,239	244	221	1,481	1,702	883	1997
5855 Stapleton Drive North	Denver, CO	—	288	1,630	243	291	1,870	2,161	1,120	1997
5885 Stapleton Drive North	Denver, CO	—	376	2,129	356	381	2,480	2,861	1,497	1997
5977 North Broadway	Denver, CO	—	268	1,518	728	271	2,243	2,514	1,181	1997
5952-5978 North Broadway	Denver, CO	—	414	2,346	799	422	3,137	3,559	1,917	1997
4721 Ironton Street	Denver, CO	—	232	1,313	972	236	2,281	2,517	1,242	1997
7003 E. 47th Ave Drive	Denver, CO	—	441	2,689	4	441	2,693	3,134	1,700	1997
9500 West 49th Street - A	Wheatridge, CO	—	283	1,625	218	287	1,839	2,126	1,119	1997
9500 West 49th Street - B	Wheatridge, CO	—	225	1,272	236	227	1,506	1,733	925	1997
9500 West 49th Street - C	Wheatridge, CO	—	600	3,409	252	601	3,660	4,261	2,246	1997
9500 West 49th Street - D	Wheatridge, CO	—	246	1,537	146	247	1,682	1,929	988	1997
451-591 East 124th Avenue	Thornton, CO	—	383	2,145	807	383	2,952	3,335	1,547	1997
11701 East 53rd Avenue	Denver, CO	—	416	2,355	291	422	2,640	3,062	1,621	1997
5401 Oswego Street	Denver, CO	—	273	1,547	225	278	1,767	2,045	1,095	1997
445 Bryant Street	Denver, CO	—	1,829	10,219	3,132	1,829	13,351	15,180	7,539	1998
12055 E. 49th Avenue/4955 Peoria	Denver, CO	—	298	1,688	614	305	2,295	2,600	1,315	1998
4940-4950 Paris Street	Denver, CO	—	152	861	273	156	1,130	1,286	665	1998


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
7367 South Revere Parkway	Centennial, CO	—	926	5,124	1,647	934	6,763	7,697	3,819	1998
8020 Southpark Circle	Littleton, CO	—	739	—	3,227	781	3,185	3,966	1,625	2000
8810 W. 116th Circle	Broomfield, CO	—	312	—	1,640	370	1,582	1,952	810	2001
8820 W. 116th Circle	Broomfield, CO	—	338	1,918	313	372	2,197	2,569	1,114	2003
8835 W. 116th Circle	Broomfield, CO	—	1,151	6,523	1,706	1,304	8,076	9,380	3,831	2003
18150 E. 32nd Place	Aurora, CO	—	563	3,188	234	572	3,413	3,985	1,740	2004
3400 Fraser Street	Aurora, CO	—	616	3,593	402	620	3,991	4,611	1,860	2005
7005 E. 46th Avenue Drive	Denver, CO	—	512	2,025	211	517	2,231	2,748	1,265	2005
4001 Salazar Way	Frederick, CO	—	1,271	6,508	(519)	1,276	5,984	7,260	2,637	2006
5909-5915 N. Broadway	Denver, CO	—	495	1,268	632	500	1,895	2,395	1,207	2006
1815-1957 South 4650 West	Salt Lake City, UT	—	1,707	10,873	(424)	1,713	10,443	12,156	4,865	2006
21301 E. 33rd Drive	Aurora, CO	—	2,860	8,202	748	2,859	8,951	11,810	2,573	2017
21110 E. 31st Circle	Aurora, CO	—	1,564	7,047	6	1,564	7,053	8,617	759	2019
22300 E. 26th Avenue	Aurora, CO	—	4,881	—	39,415	4,890	39,406	44,296	5,754	2019
3350 Odessa Way	Aurora, CO	—	1,596	4,531	230	1,596	4,761	6,357	234	2021
22600 E. 26th Avenue	Aurora, CO	—	1,501	—	42,892	1,483	42,910	44,393	358	2022
8000 E. 96th Avenue	Henderson, CO	—	7,086	403	19,839	7,086	20,242	27,328	—	2022
Detroit
1624 Meijer Drive	Troy, MI	—	236	1,406	898	373	2,167	2,540	2,083	1994
1972 Meijer Drive	Troy, MI	—	315	1,301	787	372	2,031	2,403	1,929	1994
1826 Northwood Drive	Troy, MI	—	55	208	472	103	632	735	574	1994
1864 Northwood Drive	Troy, MI	—	57	190	489	107	629	736	586	1994
2791 Research Drive	Rochester Hills, MI	—	557	2,731	732	560	3,460	4,020	3,281	1994
2870 Technology Drive	Rochester Hills, MI	—	275	1,262	369	279	1,627	1,906	1,569	1994
2900 Technology Drive	Rochester Hills, MI	—	214	977	723	219	1,695	1,914	1,416	1994
2930 Technology Drive	Rochester Hills, MI	—	131	594	459	138	1,046	1,184	925	1994
2950 Technology Drive	Rochester Hills, MI	—	178	819	305	185	1,117	1,302	1,062	1994
23014 Commerce Drive	Farmington Hills, MI	—	39	203	189	56	375	431	359	1994
23093 Commerce Drive	Farmington Hills, MI	—	211	1,024	1,005	295	1,945	2,240	1,748	1994
32975 Capitol Avenue	Livonia, MI	—	135	748	(26)	77	780	857	449	1998
47711 Clipper Street	Plymouth Township, MI	—	539	2,983	499	575	3,446	4,021	2,091	1998
12874 Westmore Avenue	Livonia, MI	—	137	761	(252)	58	588	646	399	1998
980 Chicago Road	Troy, MI	—	206	1,141	352	220	1,479	1,699	877	1998
1935-55 Enterprise Drive	Rochester Hills, MI	—	1,285	7,144	1,085	1,371	8,143	9,514	4,893	1998
5500 Enterprise Court	Warren, MI	—	675	3,737	1,143	721	4,834	5,555	2,752	1998


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
4872 S. Lapeer Road	Lake Orion Twsp, MI	—	1,342	5,441	838	1,412	6,209	7,621	3,441	1999
28435 Automation Boulevard	Wixom, MI	—	621	—	3,938	628	3,931	4,559	1,593	2004
32200 N. Avis Drive	Madison Heights, MI	—	503	3,367	(921)	195	2,754	2,949	1,331	2005
100 Kay Industrial Drive	Orion Township, MI	—	677	2,018	272	685	2,282	2,967	1,695	2005
42555 Merrill Road	Sterling Heights, MI	—	1,080	2,300	3,636	1,090	5,926	7,016	3,551	2006
Houston
3351 Rauch Street	Houston, TX	—	272	1,541	610	278	2,145	2,423	1,216	1997
3801-3851 Yale Street	Houston, TX	—	413	2,343	1,400	425	3,731	4,156	2,069	1997
3337-3347 Rauch Street	Houston, TX	—	227	1,287	654	233	1,935	2,168	1,065	1997
8505 N. Loop East Freeway	Houston, TX	—	439	2,489	996	449	3,475	3,924	1,946	1997
4749-4799 Eastpark Drive	Houston, TX	—	594	3,368	1,541	611	4,892	5,503	2,708	1997
4851 Homestead Road	Houston, TX	—	491	2,782	2,362	504	5,131	5,635	2,719	1997
3365-3385 Rauch Street	Houston, TX	—	284	1,611	770	290	2,375	2,665	1,236	1997
5050 Campbell Road	Houston, TX	—	461	2,610	1,011	470	3,612	4,082	2,152	1997
4300 Pine Timbers Street	Houston, TX	—	489	2,769	1,478	499	4,237	4,736	2,216	1997
2500-2530 Fairway Park Drive	Houston, TX	—	766	4,342	2,591	792	6,907	7,699	3,499	1997
6550 Long Point Road	Houston, TX	—	362	2,050	944	370	2,986	3,356	1,767	1997
1815 Turning Basin Drive	Houston, TX	—	487	2,761	2,587	531	5,304	5,835	2,672	1997
1819 Turning Basin Drive	Houston, TX	—	231	1,308	1,687	251	2,975	3,226	1,309	1997
1805 Turning Basin Drive	Houston, TX	—	564	3,197	2,284	616	5,429	6,045	3,060	1997
11505 State Highway 225	LaPorte City, TX	—	940	4,675	(69)	940	4,606	5,546	2,132	2005
1500 E. Main Street	LaPorte City, TX	—	201	1,328	(91)	204	1,234	1,438	1,222	2005
7230-7238 Wynnwood Lane	Houston, TX	—	254	764	238	259	997	1,256	795	2007
7240-7248 Wynnwood Lane	Houston, TX	—	271	726	299	276	1,020	1,296	766	2007
7250-7260 Wynnwood Lane	Houston, TX	—	200	481	1,501	203	1,979	2,182	1,334	2007
6400 Long Point Road	Houston, TX	—	188	898	138	188	1,036	1,224	687	2007
4526 N. Sam Houston Parkway	Houston, TX	—	5,307	—	79	5,386	—	5,386	—	2008
7967 Blankenship Drive	Houston, TX	—	307	1,166	220	307	1,386	1,693	788	2010
4800 West Greens Road	Houston, TX	—	3,350	—	17,085	3,312	17,123	20,435	5,702	2014
611 East Sam Houston Parkway S.	Pasadena, TX	—	1,970	7,431	1,377	2,013	8,765	10,778	2,223	2015
619 East Sam Houston Parkway S.	Pasadena, TX	—	2,879	11,713	148	2,876	11,864	14,740	2,336	2015
6913 Guhn Road	Houston, TX	—	1,367	—	7,375	1,367	7,375	8,742	1,052	2018
607 East Sam Houston Parkway	Pasedena, TX	—	2,076	11,674	372	2,076	12,046	14,122	1,396	2018
615 East Sam Houston Parkway	Pasedena, TX	—	4,265	11,983	(129)	4,265	11,854	16,119	1,695	2018


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
2737 W. Grand Parkway N.	Katy, TX	—	2,885	—	10,932	2,885	10,932	13,817	833	2019
2747 W. Grand Parkway N.	Katy, TX	—	2,885	—	13,325	2,885	13,325	16,210	1,164	2019
Miami
4700 NW 15th Avenue	Fort Lauderdale, FL	—	908	1,883	303	912	2,182	3,094	1,186	2007
4710 NW 15th Avenue	Fort Lauderdale, FL	—	830	2,722	315	834	3,033	3,867	1,262	2007
4720 NW 15th Avenue	Fort Lauderdale, FL	—	937	2,455	552	942	3,002	3,944	1,378	2007
4740 NW 15th Avenue	Fort Lauderdale, FL	—	1,107	3,111	342	1,112	3,448	4,560	1,477	2007
4750 NW 15th Avenue	Fort Lauderdale, FL	—	947	3,079	924	951	3,999	4,950	1,543	2007
4800 NW 15th Avenue	Fort Lauderdale, FL	—	1,092	3,308	123	1,097	3,426	4,523	1,488	2007
6891 NW 74th Street	Medley, FL	—	857	3,428	4,146	864	7,567	8,431	3,485	2007
1351 NW 78th Avenue	Doral, FL	—	3,111	4,634	53	3,111	4,687	7,798	1,317	2016
2500 NW 19th Street	Pompano Beach, FL	—	6,213	11,117	1,982	6,213	13,099	19,312	2,906	2017
6301 Lyons Road	Coconut Creek, FL	—	5,703	—	10,070	5,714	10,059	15,773	791	2020
1501 NW 64th Street	Fort Lauderdale, FL	—	—	—	9,615	—	9,615	9,615	617	2021
6499 NW 12th Avenue	Fort Lauderdale, FL	—	—	—	14,568	—	14,568	14,568	947	2021
6320 NW 12th Avenue	Fort Lauderdale, FL	—	—	—	11,743	—	11,743	11,743	808	2021
8801 NW 87th Avenue	Medley, FL	—	15,052	—	24,154	14,982	24,224	39,206	864	2021
9001 NW 87th Avenue	Medley, FL	—	7,737	—	12,639	7,682	12,694	20,376	445	2021
8404 NW 90th Street	Medley, FL	—	11,606	—	18,010	11,588	18,028	29,616	570	2021
1200 NW 15th Street	Pompano Beach, FL	—	8,771	—	10,680	8,788	10,663	19,451	352	2021
5301 W. Copans Road Land	Margate, FL	—	8,679	—	13,392	8,697	13,374	22,071	52	2022
1801 North Andrews	Pompano Beach, FL	—	24,133	285	6	24,109	315	24,424	108	2022
11601 NW 107th Street	Miami, FL	—	9,112	10,131	—	9,112	10,131	19,243	170	2022
Minneapolis/St. Paul
12155 Nicollet Avenue	Burnsville, MN	—	286	—	1,951	288	1,949	2,237	1,256	1995
5775 12th Avenue	Shakopee, MN	—	590	—	5,781	590	5,781	6,371	2,610	1998
1157 Valley Park Drive	Shakopee, MN	—	760	—	7,787	888	7,659	8,547	3,999	1999
1087 Park Place	Shakopee, MN	—	1,195	4,891	643	1,198	5,531	6,729	2,326	2005
5391 12th Avenue SE	Shakopee, MN	—	1,392	8,149	1,517	1,395	9,663	11,058	3,791	2005
4701 Valley Industrial Boulevard S.	Shakopee, MN	—	1,296	7,157	452	1,299	7,606	8,905	4,375	2005
7035 Winnetka Avenue North	Brooklyn Park, MN	—	1,275	—	7,411	1,343	7,343	8,686	3,036	2007
139 Eva Street	St. Paul, MN	—	2,132	3,105	(286)	2,175	2,776	4,951	1,268	2008


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
21900 Dodd Boulevard	Lakeville, MN	—	2,289	7,952	2,843	2,289	10,795	13,084	2,134	2010
375 Rivertown Drive	Woodbury, MN	—	2,635	8,157	369	2,635	8,526	11,161	2,740	2014
935 Aldrin Drive	Eagan, MN	—	2,096	7,884	716	2,096	8,600	10,696	2,341	2014
7050 Winnetka Avenue North	Brooklyn Park, MN	—	1,623	—	7,619	1,634	7,608	9,242	1,635	2014
7051 West Broadway Avenue	Brooklyn Park, MN	—	1,275	—	5,829	1,279	5,825	7,104	1,174	2014
Nashville
1931 Air Lane Drive	Nashville, TN	—	489	2,785	747	493	3,528	4,021	2,026	1997
4640 Cummings Park	Nashville, TN	—	360	2,040	664	365	2,699	3,064	1,436	1999
1740 River Hills Drive	Nashville, TN	—	848	4,383	2,214	888	6,557	7,445	3,679	2005
211 Ellery Court	Nashville, TN	—	606	3,192	97	616	3,279	3,895	1,433	2007
130 Maddox Road	Mt. Juliet, TN	—	1,778	—	24,118	1,778	24,118	25,896	8,529	2008
1281 Couchville Pike	Mt. Juliet, TN	—	2,620	—	50,934	1,295	52,259	53,554	769	2022
400 Maddox Road	Mt. Juliet, TN	—	3,880	—	26,826	810	29,896	30,706	251	2022
New Jersey
14 World's Fair Drive	Franklin, NJ	—	483	2,735	903	503	3,618	4,121	2,203	1997
12 World's Fair Drive	Franklin, NJ	—	572	3,240	913	593	4,132	4,725	2,467	1997
22 World's Fair Drive	Franklin, NJ	—	364	2,064	596	375	2,649	3,024	1,603	1997
26 World's Fair Drive	Franklin, NJ	—	361	2,048	710	377	2,742	3,119	1,591	1997
24 World's Fair Drive	Franklin, NJ	—	347	1,968	498	362	2,451	2,813	1,457	1997
20 World's Fair Drive	Somerset, NJ	—	9	—	2,724	691	2,042	2,733	1,063	1999
45 Route 46	Pine Brook, NJ	—	969	5,491	1,119	978	6,601	7,579	3,586	2000
43 Route 46	Pine Brook, NJ	—	474	2,686	611	479	3,292	3,771	1,729	2000
39 Route 46	Pine Brook, NJ	—	260	1,471	537	262	2,006	2,268	938	2000
26 Chapin Road	Pine Brook, NJ	—	956	5,415	687	965	6,093	7,058	3,276	2000
30 Chapin Road	Pine Brook, NJ	—	960	5,440	575	970	6,005	6,975	3,249	2000
20 Hook Mountain Road	Pine Brook, NJ	—	1,507	8,542	2,197	1,534	10,712	12,246	5,615	2000
30 Hook Mountain Road	Pine Brook, NJ	—	389	2,206	539	396	2,738	3,134	1,438	2000
16 Chapin Road	Pine Brook, NJ	—	885	5,015	817	901	5,816	6,717	3,021	2000
20 Chapin Road	Pine Brook, NJ	—	1,134	6,426	784	1,154	7,190	8,344	3,837	2000
2500 Main Street	Sayreville, NJ	—	944	—	4,862	944	4,862	5,806	2,248	2002
2400 Main Street	Sayreville, NJ	—	996	—	5,790	996	5,790	6,786	2,572	2003
7851 Airport Highway	Pennsauken, NJ	—	160	508	328	162	834	996	548	2003
309-313 Pierce Street	Somerset, NJ	—	1,300	4,628	788	1,309	5,407	6,716	2,729	2004
400 Cedar Lane	Florence Township, NJ	—	9,730	—	26,223	9,730	26,223	35,953	4,644	2016


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
301 Bordentown-Hedding Road	Bordentown, NJ	—	3,983	15,881	32	3,984	15,912	19,896	3,080	2017
302 Bordentown-Hedding Road	Bordentown, NJ	—	2,738	8,190	384	2,738	8,574	11,312	1,559	2018
304 Bordentown-Hedding Road	Bordentown, NJ	—	3,684	—	7,954	3,688	7,950	11,638	642	2019
445 Rising Sun Road	Bordentown, NJ	—	8,578	760	20,755	8,578	21,515	30,093	136	2022
Northern California
8649 Kiefer Boulevard	Sacramento, CA	—	4,376	—	57	4,433	—	4,433	—	2008
18501 W. Stanford Road	Tracy, CA	—	12,966	—	194	13,160	—	13,160	—	2008
27403 Industrial Boulevard	Hayward, CA	—	3,440	1,848	577	3,440	2,425	5,865	538	2020
4160-4170 Business Center Drive	Fremont, CA	—	4,897	4,206	878	4,897	5,084	9,981	642	2020
4200 Business Center Drive	Fremont, CA	—	5,112	3,829	23	5,158	3,806	8,964	466	2020
22950 Clawiter Road	Hayward, CA	—	3,312	2,023	1,959	3,312	3,982	7,294	175	2020
42650 Osgood Road	Fremont, CA	—	4,183	3,930	104	4,183	4,034	8,217	181	2021
2085 Burroughs Avenue	San Leandro, CA	—	5,764	7,263	880	5,764	8,143	13,907	481	2021
24200 Clawiter Road	Hayward, CA	—	11,446	3,707	36	11,449	3,740	15,189	231	2022
14951 Catalina Street	San Leandro, CA	—	4,690	3,527	22	4,683	3,556	8,239	86	2022
Orlando
6301 Hazeltine National Drive	Orlando, FL	—	909	4,613	542	920	5,144	6,064	2,607	2005
6005 24th Street East	Bradenton, FL	—	6,377	—	57	6,434	—	6,434	—	2008
8751 Skinner Court	Orlando, FL	—	1,691	7,249	20	1,692	7,268	8,960	1,631	2016
4473 Shader Road	Orlando, FL	—	2,094	10,444	63	2,094	10,507	12,601	2,273	2016
550 Gills Drive	Orlando, FL	—	1,321	6,176	19	1,321	6,195	7,516	1,098	2017
450 Gills Drive	Orlando, FL	—	1,031	6,406	(23)	1,031	6,383	7,414	896	2017
4401 Shader Road	Orlando, FL	—	1,037	7,116	4	1,037	7,120	8,157	914	2018
770 Gills Drive	Orlando, FL	—	851	5,195	(36)	851	5,159	6,010	474	2019
2234 West Taft Vineland Road	Orlando, FL	—	1,748	9,635	380	1,750	10,013	11,763	563	2021
Phoenix
1045 South Edward Drive	Tempe, AZ	—	390	2,160	879	396	3,033	3,429	1,472	1999
50 South 56th Street	Chandler, AZ	—	1,206	3,218	642	1,252	3,814	5,066	1,694	2004
245 W. Lodge Drive	Tempe, AZ	—	898	3,066	(2,160)	362	1,442	1,804	672	2007
1590 E. Riverview Drive	Phoenix, AZ	—	1,293	5,950	123	1,292	6,074	7,366	2,084	2008
14131 N. Rio Vista Boulevard	Peoria, AZ	—	2,563	9,388	(344)	2,563	9,044	11,607	3,198	2008
8716 W. Ludlow Drive	Peoria, AZ	—	2,709	10,970	343	2,709	11,313	14,022	4,127	2008
3815 W. Washington Street	Phoenix, AZ	—	1,675	4,514	(244)	1,719	4,226	5,945	1,488	2008
9180 W. Buckeye Road	Tolleson, AZ	—	1,904	6,805	2,984	1,923	9,770	11,693	3,616	2008
8644 West Ludlow Drive	Peoria, AZ	—	1,726	7,216	—	1,726	7,216	8,942	2,101	2014


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
8606 West Ludlow Drive	Peoria, AZ	—	956	2,668	123	956	2,791	3,747	856	2014
8679 West Ludlow Drive	Peoria, AZ	—	672	2,791	—	672	2,791	3,463	830	2014
94th Avenue & Buckeye Road	Tolleson, AZ	—	4,315	—	16,254	4,315	16,254	20,569	3,001	2015
16560 W. Sells Drive	Goodyear, AZ	—	6,259	—	31,413	6,271	31,401	37,672	6,267	2018
16951 W. Camelback Road	Goodyear, AZ	—	1,805	—	5,374	1,805	5,374	7,179	434	2019
3600 North Cotton Lane	Goodyear, AZ	—	5,660	—	43,128	5,659	43,129	48,788	3,968	2020
3350 North Cotton Lane	Goodyear, AZ	—	6,373	31,198	2,816	6,373	34,014	40,387	2,862	2020
4580 N. Pebble Creek Parkway	Goodyear, AZ	—	8,714	—	59,670	8,777	59,607	68,384	2,119	2022
Seattle
1901 Raymond Avenue SW	Renton, WA	—	4,458	2,659	872	4,594	3,395	7,989	1,476	2008
19014 64th Avenue South	Kent, WA	—	1,990	3,979	1,050	2,042	4,977	7,019	2,744	2008
18640 68th Avenue South	Kent, WA	—	1,218	1,950	260	1,258	2,170	3,428	1,286	2008
621 37th Street NW	Auburn, WA	—	6,403	—	104	6,507	—	6,507	—	2008
6407 S. 210th Street	Kent, WA	—	1,737	3,508	(92)	1,737	3,416	5,153	534	2018
1402 Puyallup Street	Sumner, WA	—	3,766	4,457	443	3,766	4,900	8,666	566	2018
22718 58th Place	Kent, WA	—	1,446	2,388	159	1,447	2,546	3,993	454	2019
14302 24th Street East	Sumner, WA	—	2,643	—	9,989	2,643	9,989	12,632	1,528	2019
1508 Valentine Avenue	Pacific, WA	—	18,790	3,051	—	18,786	3,055	21,841	103	2022
10920 Steele Street	Lakewood, WA	—	6,706	16	17,080	6,706	17,096	23,802	135	2022
20320 80th Avenue South	Kent, WA	—	4,136	1,072	15	4,136	1,087	5,223	29	2022
Southern California
1944 Vista Bella Way	Rancho Dominguez, CA	—	1,746	3,148	865	1,822	3,937	5,759	2,406	2005
2000 Vista Bella Way	Rancho Dominguez, CA	—	817	1,673	450	853	2,087	2,940	1,289	2005
2835 East Ana Street	Rancho Dominguez, CA	—	1,682	2,750	791	1,772	3,451	5,223	1,975	2005
665 N. Baldwin Park Boulevard	City of Industry, CA	—	2,124	5,219	3,556	2,143	8,756	10,899	3,774	2006
27801 Avenue Scott	Santa Clarita, CA	—	2,890	7,020	1,147	2,902	8,155	11,057	3,981	2006
2610 & 2660 Columbia Street	Torrance, CA	—	3,008	5,826	2,082	3,031	7,885	10,916	3,765	2006
433 Alaska Avenue	Torrance, CA	—	681	168	995	684	1,160	1,844	296	2006
2325 Camino Vida Roble	Carlsbad, CA	—	1,441	1,239	574	1,446	1,808	3,254	890	2006
2335 Camino Vida Roble	Carlsbad, CA	—	817	762	136	821	894	1,715	497	2006
2345 Camino Vida Roble	Carlsbad, CA	—	562	456	42	565	495	1,060	295	2006
2355 Camino Vida Roble	Carlsbad, CA	—	481	365	216	483	579	1,062	283	2006
2365 Camino Vida Roble	Carlsbad, CA	—	1,098	630	147	1,102	773	1,875	389	2006
2375 Camino Vida Roble	Carlsbad, CA	—	1,210	874	176	1,214	1,046	2,260	641	2006


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
6451 El Camino Real	Carlsbad, CA	—	2,885	1,931	1,097	2,895	3,018	5,913	1,631	2006
13100 Gregg Street	Poway, CA	—	1,040	4,160	626	1,073	4,753	5,826	2,791	2007
21730-21748 Marilla Street	Chatsworth, CA	—	2,585	3,210	300	2,608	3,487	6,095	1,856	2007
8015 Paramount Boulevard	Pico Rivera, CA	—	3,616	3,902	(510)	3,657	3,351	7,008	1,935	2007
3365 E. Slauson Avenue	Vernon, CA	—	2,367	3,243	(559)	2,396	2,655	5,051	1,533	2007
3015 East Ana Street	Rancho Dominguez, CA	—	19,678	9,321	17,588	20,144	26,443	46,587	8,347	2007
1250 Rancho Conejo Boulevard	Thousand Oaks, CA	—	1,435	779	103	1,441	876	2,317	522	2007
1260 Rancho Conejo Boulevard	Thousand Oaks, CA	—	1,353	722	(599)	675	801	1,476	338	2007
1270 Rancho Conejo Boulevard	Thousand Oaks, CA	—	1,224	716	(2)	1,229	709	1,938	444	2007
100 West Sinclair Street	Perris, CA	—	4,894	3,481	(5,060)	1,819	1,496	3,315	807	2007
777 190th Street	Gardena, CA	—	13,533	—	4,327	13,534	4,326	17,860	1,529	2007
14050 Day Street	Moreno Valley, CA	—	2,538	2,538	258	2,565	2,769	5,334	1,422	2008
12925 Marlay Avenue	Fontana, CA	—	6,072	7,891	(44)	6,090	7,829	13,919	5,555	2008
18201-18291 Santa Fe Avenue	Rancho Dominguez, CA	—	6,720	—	8,812	6,897	8,635	15,532	3,252	2008
1011 Rancho Conejo Boulevard	Thousand Oaks, CA	—	7,717	2,518	(201)	7,752	2,282	10,034	1,558	2008
20700 Denker Avenue	Torrance, CA	—	5,767	2,538	1,049	5,964	3,389	9,353	2,029	2008
18408 Laurel Park Road	Rancho Dominguez, CA	—	2,850	2,850	907	2,874	3,733	6,607	2,044	2008
2175 Cactus Road East	San Diego, CA	—	5,958	—	8,720	6,025	8,653	14,678	2,690	2008
2175 Cactus Road West	San Diego, CA	—	10,373	—	153	10,526	—	10,526	—	2008
19021 S. Reyes Avenue	Rancho Dominguez, CA	—	8,183	7,501	589	8,545	7,728	16,273	2,558	2008
24870 Nandina Avenue	Moreno Valley, CA	—	13,543	—	21,280	6,482	28,340	34,822	7,992	2012
6185 Kimball Avenue	Chino, CA	—	6,385	—	11,083	6,382	11,087	17,469	2,659	2013
5553 Bandini Boulevard	Bell, CA	—	32,536	—	21,503	32,540	21,499	54,039	4,965	2013
16875 Heacock Street	Moreno Valley, CA	—	—	6,831	132	—	6,963	6,963	1,703	2014
4710 Guasti Road	Ontario, CA	—	2,846	6,564	(128)	2,846	6,436	9,282	1,667	2014
17100 Perris Boulevard	Moreno Valley, CA	—	6,388	—	25,801	6,395	25,794	32,189	6,740	2014
13414 S. Figueroa Street	Los Angeles, CA	—	1,701	—	6,618	1,887	6,432	8,319	1,375	2014
3841 Ocean Ranch Boulevard	Oceanside, CA	—	4,400	—	8,076	4,400	8,076	12,476	2,346	2015
3831 Ocean Ranch Boulevard	Oceanside, CA	—	2,693	—	4,589	2,694	4,588	7,282	1,295	2015
3821 Ocean Ranch Boulevard	Oceanside, CA	—	2,792	—	3,881	2,792	3,881	6,673	691	2015
145 West 134th Street	Los Angeles, CA	—	2,901	2,285	149	2,901	2,434	5,335	695	2015
6150 Sycamore Canyon Boulevard	Riverside, CA	—	3,182	10,643	(168)	3,182	10,475	13,657	2,416	2015
17825 Indian Street	Moreno Valley, CA	—	5,034	22,095	(377)	5,034	21,718	26,752	4,854	2015
24901 San Michele Road	Moreno Valley, CA	—	1,274	—	11,273	1,274	11,273	12,547	1,871	2016


FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P. SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2022
			Initial Cost		Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	Gross Amount Carried At Close of Period 12/31/22				Year Acquired/ Constructed
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	(b) Accumulated Depreciation 12/31/2022
		(In thousands)
1445 Engineer Street	Vista, CA	—	6,816	4,417	1,984	6,816	6,401	13,217	1,666	2016
19067 Reyes Avenue	Rancho Dominguez, CA	—	9,281	3,920	3,550	9,381	7,370	16,751	1,157	2016
10586 Tamarind Avenue	Fontana, CA	—	4,275	8,275	140	4,275	8,415	12,690	1,501	2017
2777 Loker Avenue West	Carlsbad, CA	—	7,599	13,267	594	7,599	13,861	21,460	2,688	2017
7105 Old 215 Frontage Road	Riverside, CA	—	4,900	—	12,731	4,900	12,731	17,631	2,373	2017
28545 Livingston Avenue	Valencia, CA	—	9,813	10,954	2,375	9,813	13,329	23,142	2,836	2018
3801 Ocean Ranch Boulevard	Oceanside, CA	2,771	2,907	6,151	216	2,909	6,365	9,274	972	2018
3809 Ocean Ranch Boulevard	Oceanside, CA	2,944	3,140	6,964	75	3,141	7,038	10,179	1,062	2018
3817 Ocean Ranch Boulevard	Oceanside, CA	4,584	5,438	10,278	159	5,442	10,433	15,875	1,599	2018
24385 Nandina Avenue	Moreno Valley, CA	—	17,023	—	63,296	17,066	63,253	80,319	8,192	2018
14999 Summit Drive	Eastvale, CA	—	1,508	—	2,947	1,508	2,947	4,455	347	2018
14969 Summit Drive	Eastvale, CA	—	3,847	—	11,097	3,847	11,097	14,944	2,811	2018
14939 Summit Drive	Eastvale, CA	—	3,107	—	8,280	3,107	8,280	11,387	982	2018
14909 Summit Drive	Eastvale, CA	—	7,099	—	19,020	7,099	19,020	26,119	2,953	2018
14940 Summit Drive	Eastvale, CA	—	5,423	—	13,837	5,423	13,837	19,260	1,938	2018
14910 Summit Drive	Eastvale, CA	—	1,873	—	5,331	1,873	5,331	7,204	931	2018
930 Columbia Avenue	Riverside, CA	—	1,813	3,840	327	1,813	4,167	5,980	416	2019
305 Sequoia Avenue	Ontario, CA	—	6,641	8,155	279	6,640	8,435	15,075	821	2019
3051 E. Maria Street	Rancho Dominguez, CA	—	1,392	1,532	46	1,392	1,578	2,970	209	2019
1709-1811 W. Mahalo Place	Compton, CA	—	2,132	1,961	(20)	2,130	1,943	4,073	279	2019
1964 Kellogg Avenue	Carlsbad, CA	—	3,836	3,524	396	3,836	3,920	7,756	440	2019
353 Perry Street	Perris, CA	—	1,780	—	18,828	1,788	18,820	20,608	1,531	2019
8572 Spectrum Lane	San Diego, CA	—	806	3,225	1,054	806	4,279	5,085	422	2019
801-817 E. Anaheim Street	Wilmington, CA	—	5,712	434	4	5,712	438	6,150	326	2019
10780 Redwood Avenue	Fontana, CA	—	13,410	—	23,310	13,402	23,318	36,720	1,667	2020
14518 Santa Ana Avenue	Fontana, CA	—	1,745	—	4,722	1,745	4,722	6,467	315	2020
11253 Redwood Avenue	Fontana, CA	—	3,333	—	8,498	3,333	8,498	11,831	514	2020
19302-19400 S. Laurel Park Road	Rancho Dominguez, CA	—	12,816	1,649	6,240	12,815	7,890	20,705	180	2020
24665 Nandina Avenue	Moreno Valley, CA	—	4,016	—	17,123	4,066	17,073	21,139	724	2021

L.P.

SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2022

NOTES:

(a)See description of encumbrances in Note 4 to the Consolidated Financial Statements. For purposes of this schedule the total principal balance of a mortgage loan payable that is collateralized by a pool of properties is allocated among the properties in the pool based on each property's carrying balance.

(b)Depreciation is computed based upon the following estimated lives:


Buildings and Improvements			3 to 50 years
Land Improvements			1 to 25 years
Tenant Improvements, Leasehold Improvements			Lease Term

At December 31, 2022, the aggregate cost of land and buildings and equipment, excluding construction in progress, for federal income tax purpose was approximately $4.8 billion.

The changes in investment in real estate for the three years ended December 31, are as follows:


	2022		2021		2020
	(In thousands)
Balance, Beginning of Year	$	4,646,444	$	4,109,896	$	3,830,209
Acquisition of Real Estate Assets	312,841		347,190		247,250
Construction Costs and Improvements	496,190		351,453		160,491
Disposition of Real Estate Assets	(90,762)		(139,207)		(109,070)

Write-off of Fully Depreciated and Other Assets	(21,674)		(22,888)		(18,984)
Balance, End of Year Including Real Estate Held for Sale	$	5,343,039	$	4,646,444	$	4,109,896
Real Estate Held for Sale (A)	—		—		(22,263)
Balance, End of Year Excluding Real Estate Held for Sale	$	5,343,039	$	4,646,444	$	4,087,633

The changes in accumulated depreciation for the three years ended December 31, are as follows:


	2022		2021		2020
	(In thousands)
Balance, Beginning of Year	$	868,296	$	839,349	$	804,780
Depreciation for Year	119,477		107,876		102,533
Disposition of Real Estate Assets	(45,246)		(58,055)		(49,390)
Write-off of Fully Depreciated and Other Assets	(21,047)		(20,874)		(18,574)
Balance, End of Year Including Real Estate Held for Sale	$	921,480	$	868,296	$	839,349
Real Estate Held for Sale (B)	—		—		(6,956)
Balance, End of Year Excluding Real Estate Held for Sale	$	921,480	$	868,296	$	832,393

_______________

(A) The Real Estate Held for Sale at December 31, 2020 excludes $454 of other assets.

(B) The Real Estate Held for Sale at December 31, 2020 excludes $98 of accumulated amortization related to the other assets.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Basis of Presentation

Use of Estimates

Cash and Cash Equivalents

Restricted Cash

Investment in Real Estate and Depreciation

Depreciation expense is computed using the straight-line method based on the following useful lives:


			Years
Buildings and Improvements			3 to 50
Land Improvements			1 to 25
Furniture, Fixtures and Equipment			3 to 5
Tenant Improvements			Lease Term

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:


	December 31, 2022		December 31, 2021
In-Place Leases	$	19,373	$	15,428
Above Market Leases	1,319		1,621
Below Market Ground Lease Obligation	1,462		1,507
Tenant Relationships	1,936		2,760
Total Included in Total Assets, Net of $28,590 and $24,933 of Accumulated Amortization	$	24,090	$	21,316
Below Market Leases	$	15,152	$	9,252
Total Included in Total Liabilities, Net of $18,004 and $15,040 of Accumulated Amortization	$	15,152	$	9,252


	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2023	$	6,127	$	3,746
2024	$	4,449	$	3,074
2025	$	3,265	$	2,283
2026	$	2,316	$	1,613
2027	$	1,540	$	1,196

Debt Issuance Costs

Investment in Joint Ventures

We classify distributions received from equity method investments using the cumulative earnings approach. In general, distributions received are considered returns on the investment and classified as cash inflows from operating activities. If, however, the investor’s cumulative distributions received, less distributions received in prior periods determined to be returns of investment, exceed cumulative equity in earnings recognized, the excess is considered a return of investment and is classified as cash inflows from investing activities.On a periodic basis, management assesses whether there are any indicators that the value of our investments in joint venture arrangements may be impaired. An investment is impaired only if our estimate of the fair value of the investment is less than the carrying value of the investment, and such decline in value is deemed to be other than temporary. To the extent an impairment has occurred, the loss shall be measured as the excess of the carrying value of the investment over the value of the investment.

Noncontrolling Interests

Stock Based Compensation

Revenue Recognition

We recognize fees received from tenants to fully terminate their lease prior to the contractual end date on a straight-line basis from the notification date through the revised lease end date.

Property Expenses

Property ExpensesProperty expenses include real estate taxes, utilities, repairs and maintenance, property insurance as well as the cost of our property management personnel and other costs of managing our properties. Several of our leases require tenants to pay real estate taxes directly to taxing authorities. We exclude from property expenses certain lessor costs, such as real estate taxes, that the we contractually require the tenant to pay directly to a third party on our behalf. The amounts paid directly to third parties by tenants for lessor costs are also excluded from lease revenues.

Lessee Accounting

Gain on Sale of Real Estate

Income Taxes

In accordance with partnership taxation, each of the partners of the Operating Partnership is responsible for reporting their share of taxable income or loss.

Earnings Per Share/Unit (EPS/EPU)

Earnings Per Share and Earnings Per Unit ("EPS" and "EPU")

Derivative Financial Instruments

Fair Value

•Level 1 - quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date;

•Level 2 - inputs other than quoted prices within Level 1 that are either directly or indirectly observable for the asset or liability; and

•Level 3 - unobservable inputs in which little or no market data exists for the asset or liability.

Segment Reporting

Management views the Company, inclusive of the Operating Partnership, as a single segment based on its method of internal reporting.

Recent Accounting Pronouncements Adopted

Recent Accounting Pronouncements AdoptedIn March 2020, FASB issued Accounting Standards Update ("ASU") No. 2020-04 Reference Rate Reform (Topic 848). ASU 2020-04 contains practical expedients for reference rate reform-related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected through December 31, 2024 as reference rate reform activities occur. We elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. We continue to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur.

Reclassifications

ReclassificationsJoint Venture Fees for the years ended December 31, 2021 and 2020 have been reclassified from the Other Revenue line item in the consolidated statements of operations to conform to the 2022 presentation.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Useful Lives of Depreciable Assets

Depreciation expense is computed using the straight-line method based on the following useful lives:


			Years
Buildings and Improvements			3 to 50
Land Improvements			1 to 25
Furniture, Fixtures and Equipment			3 to 5
Tenant Improvements			Lease Term

Summary of Deferred Leasing Intangibles

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:


	December 31, 2022		December 31, 2021
In-Place Leases	$	19,373	$	15,428
Above Market Leases	1,319		1,621
Below Market Ground Lease Obligation	1,462		1,507
Tenant Relationships	1,936		2,760
Total Included in Total Assets, Net of $28,590 and $24,933 of Accumulated Amortization	$	24,090	$	21,316
Below Market Leases	$	15,152	$	9,252
Total Included in Total Liabilities, Net of $18,004 and $15,040 of Accumulated Amortization	$	15,152	$	9,252

Future Amortization Expense Related to Deferred Leasing Intangibles

We will recognize net amortization expense related to deferred leasing intangibles over the next five years for properties owned as of December 31, 2022 as follows:


	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2023	$	6,127	$	3,746
2024	$	4,449	$	3,074
2025	$	3,265	$	2,283
2026	$	2,316	$	1,613
2027	$	1,540	$	1,196

Investment in Real Estate (Tables)

12 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

Summary of Industrial Property Acquisitions


	Year Ended December 31,
	2022		2021		2020
Number of Industrial Properties Acquired	11		4		8
GLA (in millions)	0.5		0.2		1.5
Purchase Price of Industrial Properties Acquired	$	137,126	$	38,727	$	154,410
Purchase Price of Income Producing Land Parcels Acquired (A)	56,525		—		—
Purchase Price of Land Parcels Acquired (B)	105,486		302,223		69,617
Total Purchase Price (C)	$	299,137	$	340,950	$	224,027

(B) For the year ended December 31, 2021, includes $3,857, $1,434 and $183 allocated to building improvements/construction in progress, other assets and in-place leases, respectively.

Summary of Acquisition Purchase Price Allocation


	Year Ended December 31,
	2022		2021
Land	$	252,158	$	309,475
Building and Improvements/Construction in Progress	43,685		28,839
Other Assets	2,975		1,663
In-Place Leases	9,246		973

Above Market Leases	23		—

Below Market Leases	(8,950)		—
Total Purchase Price	$	299,137	$	340,950

Summary of Industrial Property Dispositions

The following table summarizes our property and land dispositions for the years ended December 31, 2022, 2021 and 2020:


	Year Ended December 31,
	2022		2021		2020
Number of Industrial Properties Sold (A)	9		29		29
GLA (in millions)(B)	2.2		2.9		1.9
Gross Proceeds from the Sale of Real Estate (B)	$	178,340	$	243,407	$	153,351
Gain on Sale of Real Estate (B)	$	128,268	$	150,310	$	86,751

(A) Included as one industrial property for each of the years ended December 31, 2021 and 2020 was the sale of multiple industrial condominium units.

(B) Gross proceeds and gain on sale of real estate include the sale of one land parcel for each of the years ended December 31, 2022 and 2021.

Indebtedness (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Summary of Indebtedness

The following table discloses certain information regarding our indebtedness:


	Outstanding Balance at				Interest Rate at December 31, 2022	Effective Interest Rate at Issuance	Maturity Date
	December 31, 2022		December 31, 2021
Mortgage Loans Payable, Gross	$	10,299	$	79,764	4.17%	4.17%	8/1/2028
Unamortized Debt Issuance Costs	—		(90)

Mortgage Loans Payable, Net	$	10,299	$	79,674
Senior Unsecured Notes, Gross
2027 Notes	6,070		6,070		7.15%	7.11%	5/15/2027
2028 Notes	31,901		31,901		7.60%	8.13%	7/15/2028
2032 Notes	10,600		10,600		7.75%	7.87%	4/15/2032
2027 Private Placement Notes	125,000		125,000		4.30%	4.30%	4/20/2027
2028 Private Placement Notes	150,000		150,000		3.86%	3.86%	2/15/2028
2029 Private Placement Notes	75,000		75,000		4.40%	4.40%	4/20/2029
2029 II Private Placement Notes	150,000		150,000		3.97%	4.23%	7/23/2029
2030 Private Placement Notes	150,000		150,000		3.96%	3.96%	2/15/2030
2030 II Private Placement Notes	100,000		100,000		2.74%	2.74%	9/17/2030
2032 Private Placement Notes	200,000		200,000		2.84%	2.84%	9/17/2032
Subtotal	$	998,571	$	998,571
Unamortized Debt Issuance Costs	(4,777)		(5,491)
Unamortized Discounts	(52)		(59)
Senior Unsecured Notes, Net	$	993,742	$	993,021
Unsecured Term Loans, Gross
2015 Unsecured Term Loan	—		260,000		N/A	N/A	N/A
2021 Unsecured Term Loan (A)	200,000		200,000		1.84%	N/A	7/7/2026
2022 Unsecured Term Loan (A)	425,000		—		3.64%	N/A	10/18/2027
2022 Unsecured Term Loan II (A)(B)	300,000		—		4.88%	N/A	8/12/2025
Subtotal	$	925,000	$	460,000
Unamortized Debt Issuance Costs	(5,740)		(1,675)
Unsecured Term Loans, Net	$	919,260	$	458,325
Unsecured Credit Facility (C)	$	143,000	$	79,000	5.16%	N/A	7/7/2025

(A) The interest rate at December 31, 2022 includes the impact of derivative instruments in which we entered to effectively convert the variable rate to a fixed rate. See Note 12.

(B) At our option, we may extend the maturity pursuant to two, one-year extension options, subject to certain conditions.

Schedule of Maturities


	Amount
2023	$	320
2024	335
2025	443,349
2026	200,364
2027	556,449
Thereafter	876,053
Total	$	2,076,870

Summary of Indebtedness at Estimated Fair Value

At December 31, 2022 and 2021, the fair value of our indebtedness was as follows:


	December 31, 2022				December 31, 2021
	Carrying Amount (A)		Fair Value		Carrying Amount (A)		Fair Value
Mortgage Loans Payable, Net	$	10,299	$	9,765	$	79,764	$	81,700
Senior Unsecured Notes, Net	998,519		883,444		998,512		1,070,067
Unsecured Term Loans	925,000		909,187		460,000		460,486
Unsecured Credit Facility	143,000		143,000		79,000		79,000
Total	$	2,076,818	$	1,945,396	$	1,617,276	$	1,691,253

(A) The carrying amounts include unamortized discounts and exclude unamortized debt issuance costs.

Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2022

Variable Interest Entities [Abstract]

Other Real Estate Partnerships' Summarized Balance Sheet

The following table summarizes the assets and liabilities of the Other Real Estate Partnerships included in our consolidated balance sheets, net of intercompany amounts:


	December 31, 2022		December 31, 2021
ASSETS
Assets:
Net Investment in Real Estate	$	313,245	$	277,984


Operating Lease Right-of-Use Assets	13,000		13,087
Cash and Cash Equivalents	2,915		9,126


Deferred Rent Receivable	13,261		10,984

Prepaid Expenses and Other Assets, Net	12,919		9,480

Total Assets	$	355,340	$	320,661
LIABILITIES AND PARTNERS' CAPITAL
Liabilities:

Accounts Payable, Accrued Expenses and Other Liabilities	$	18,148	$	9,496
Operating Lease Liabilities	10,249		10,277
Rents Received in Advance and Security Deposits	7,917		7,470

Partners' Capital	319,026		293,418
Total Liabilities and Partners' Capital	$	355,340	$	320,661

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership (Tables)

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Common Stock and Units Roll-Forward


	Shares of Common Stock Outstanding	General Partner and Limited Partner Units Outstanding
Balance at December 31, 2019	126,994,478	129,417,222
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	1,842,281	1,842,281
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	464,975
Vesting of Service Awards and Performance Units (as defined in Note 11)	107,752	107,752
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(65,709)	(67,676)
Conversion of Limited Partner Units (A)	172,610	—
Balance at December 31, 2020	129,051,412	131,764,554
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	2,513,758	2,513,758
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	337,685
Vesting of Service Awards and Performance Units (as defined in Note 11)	133,803	133,803
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(55,201)	(66,872)
Conversion of Limited Partner Units (A)	103,953	—
Balance at December 31, 2021	131,747,725	134,682,928
Issuance of Common Stock/Contribution of General Partner Units under our 2020 ATM Program (as further described below)	218,230	218,230
Issuance of Service Awards and Performance Awards (as defined in Note 11)	—	280,081
Vesting of Service Awards and Performance Units (as defined Note 11)	49,964	49,964
Repurchase and Retirement of Service Awards and Performance Units (as defined in Note 11)	(13,437)	(33,934)
Conversion of Limited Partner Units (A)	139,021	—

Balance at December 31, 2022	132,141,503	135,197,269

Summary of Dividends/Distributions

The following table summarizes dividends/distributions accrued during the past three years:


	2022 Total Dividend/ Distribution		2021 Total Dividend/ Distribution		2020 Total Dividend/ Distribution
Common Stock/Operating Partnership Units	$	159,976	$	143,643	$	130,943

Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the Company and the Operating Partnership for the years ended December 31, 2022 and 2021:


	Derivative Instruments		Total for Operating Partnership		Comprehensive Income (Loss) Attributable to Noncontrolling Interest		Total for Company
Balance as of December 31, 2020	$	(17,308)	$	(17,308)	$	355	$	(16,953)
Other Comprehensive Income Before Reclassifications	6,146		6,146		(262)		5,884
Amounts Reclassified from Accumulated Other Comprehensive Loss	6,831		6,831		—		6,831
Net Current Period Other Comprehensive Income	12,977		12,977		(262)		12,715
Balance as of December 31, 2021	$	(4,331)	$	(4,331)	$	93	$	(4,238)
Other Comprehensive Income Before Reclassifications	39,021		39,021		(867)		38,154
Amounts Reclassified from Accumulated Other Comprehensive Income	(504)		(504)		—		(504)
Net Current Period Other Comprehensive Income	38,517		38,517		(867)		37,650
Balance as of December 31, 2022	$	34,186	$	34,186	$	(774)	$	33,412

Reclassification Out of Accumulated Other Comprehensive Income (Loss)


	Amount Reclassified from Accumulated Other Comprehensive (Income) Loss
Accumulated Other Comprehensive (Income) Loss Components	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020		Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments	410		410		410		Interest Expense
Net Settlement (Receipts) Payments to our Counterparties	(914)		6,421		6,516		Interest Expense
Acceleration of 2020 Swap (as defined in Note 12)	—		—		201		General & Administrative
	$	(504)	$	6,831	$	7,127	Total

Earnings Per Share / Unit (EPS / EPU) (Tables)

12 Months Ended

Dec. 31, 2022

Computation of Basic and Diluted Earnings Per Share / Unit

The computation of basic and diluted EPS of the Company is presented below:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Numerator:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders and Participating Securities	$	359,134	$	270,997	$	195,989
Net Income Allocable to Participating Securities	(348)		(299)		(314)
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders	$	358,786	$	270,698	$	195,675
Denominator (In Thousands):
Weighted Average Shares - Basic	132,024		129,688		127,711
Effect of Dilutive Securities:
Performance Units (See Note 11)	79		87		193
Weighted Average Shares - Diluted	132,103		129,775		127,904
Basic and Diluted EPS:
Net Income Available to First Industrial Realty Trust, Inc.'s Common Stockholders	$	2.72	$	2.09	$	1.53

First Industrial, L.P.

Computation of Basic and Diluted Earnings Per Share / Unit

The computation of basic and diluted EPU of the Operating Partnership is presented below:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Numerator:
Net Income Available to Unitholders and Participating Securities	$	367,519	$	277,038	$	199,934
Net Income Allocable to Participating Securities	(877)		(770)		(662)
Net Income Available to Unitholders	$	366,642	$	276,268	$	199,272
Denominator (In Thousands):
Weighted Average Units - Basic	134,229		131,740		129,752
Effect of Dilutive Securities that Result in the Issuance of General Partner Units:
Performance Units and certain Performance RLP Units (See Note 11)	452		497		375
Weighted Average Units - Diluted	134,681		132,237		130,127
Basic EPU:
Net Income Available to Unitholders	$	2.73	$	2.10	$	1.54
Diluted EPU:
Net Income Available to Unitholders	$	2.72	$	2.09	$	1.53

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Components of Income Tax (Provision) Benefit

The components of the income tax provision for the years ended December 31, 2022, 2021 and 2020 is comprised of the following:


	Year Ended December 31,
	2022		2021		2020
Current:
Federal	$	(226)	$	(2,458)	$	(3,659)
State	(356)		(1,936)		(1,718)

Deferred:

Federal	(19,154)		(454)		2,969
State	(3,627)		(31)		—

Total Income Tax Provision	$	(23,363)	$	(4,879)	$	(2,408)

Deferred Tax Assets (Liabilities)


	Year Ended December 31,
	2022		2021
Basis Difference - Real Estate	$	1,603	$	332
Section 163(j) Interest Limitation	551		316
Other - Temporary Differences	263		243
Total Deferred Income Tax Assets, Net of Allowance	$	2,417	$	891

Deferred Income - Investment in Joint Venture	$	(24,340)	$	—
Other - Temporary Differences	(299)		(332)
Total Deferred Income Tax Liabilities	$	(24,639)	$	(332)
Total Net Deferred Income Tax (Liabilities) Assets	$	(22,222)	$	559

Federal Income Tax Treatment of Common Dividends

For the years ended December 31, 2022, 2021 and 2020, the dividends paid to the Company's common shareholders per common share for income tax purposes were characterized as follows:


	2022		As a Percentage of Distributions		2021		As a Percentage of Distributions		2020		As a Percentage of Distributions
Ordinary Income (A)	$	1.0720	90.85	%	$	0.9928	91.93	%	$	0.5800	58.00	%
Unrecaptured Section 1250 Capital Gain	0.0060		0.51	%	0.0060		0.55	%	0.2576		25.76	%
Other Capital Gain (B)	0.0168		1.42	%	0.0128		1.19	%	0.1624		16.24	%
Qualified Dividend	0.0852		7.22	%	0.0684		6.33	%	—		0.00	%

	$	1.1800	100.00	%	$	1.0800	100.00	%	$	1.0000	100.00	%

(A) For the years ended December 31, 2022, 2021 and 2020, the Code Section 199A dividend is equal to the total ordinary income dividend.

(B) For the year ended December 31, 2022, Section 1061 of the Code related to Capital Gains for One Year Amounts was 52.0% and for Three Year Amounts was 12.6%.

Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

The following is a schedule of the maturities of operating lease liabilities for the next five years as of December 31, 2022, and thereafter:


2023	$	2,771
2024	2,643
2025	2,423
2026	1,952
2027	1,549
Thereafter	55,975
Total Lease Payments	67,313
Less Imputed Interest (A)	(45,047)
Total	$	22,266

(A) Calculated using the discount rate for each lease.

Lessor, Operating Lease, Payments to be Received, Maturity


2023	$	406,903
2024	374,301
2025	337,512
2026	289,469
2027	231,940
Thereafter	551,171
Total	$	2,191,296

Long-Term Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement, Noncash Expense [Abstract]

Performance Award Valuation Assumptions

The fair values were determined by a lattice-binomial option-pricing model based on Monte Carlo simulations using the following assumptions:


	Year Ended December 31, 2022		Year Ended December 31, 2021		Year Ended December 31, 2020
Expected dividend yield	1.75	%	2.49	%	2.22	%
Expected volatility - range used	19.89% - 28.74%		29.00% - 37.18%		16.25% - 17.56%
Expected volatility - weighted average	24.91	%	32.44	%	16.97	%
Risk-free interest rate	0.22% - 1.21%		0.02% - 0.19%		1.63% - 1.68%

Summary of Performance Award Transactions

Performance Award transactions for the year ended December 31, 2022 are summarized as follows:


	Performance Units	Weighted Average Grant Date Fair Value		Performance RLP Units	Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021	142,498	$	19.47	724,425	$	19.45
Issued	35,867	$	29.74	208,454	$	29.74
Forfeited	(2,117)	$	21.42	(12,803)	$	20.65
Vested	(31,167)	$	12.45	(180,646)	$	13.54
Outstanding at December 31, 2022	145,081	$	23.49	739,430	$	23.78

Summary of Service Award Transactions

Service Award transactions for the year ended December 31, 2022 are summarized as follows:


	Service Units	Weighted Average Grant Date Fair Value		Service RLP Units	Weighted Average Grant Date Fair Value
Outstanding at December 31, 2021	147,937	$	41.95	158,169	$	41.60
Issued	78,482	$	57.60	57,907	$	60.64
Forfeited	(1,752)	$	48.94	—	$	—
Vested	(81,587)	$	40.27	(97,069)	$	40.38
Outstanding at December 31, 2022	143,080	$	51.41	119,007	$	51.85

Derivatives (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Measurements on Recurring Basis


			Fair Value Measurements at Reporting Date Using:
Description	Fair Value at December 31, 2022		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Derivatives designated as a hedging instrument:
Assets:
2021 Swaps	$	17,976	—	$	17,976	—
2022 Swaps	$	19,057	—	$	19,057	—
Liabilities:
2022 II Swaps	$	(253)	—	$	(253)	—





	Fair Value at December 31, 2021
Derivatives designated as a hedging instrument:
Assets:
2021 Swaps	$	1,341	—	$	1,341	—
Liabilities:
2015 Swaps	$	(2,668)	—	$	(2,668)	—

Organization - Additional Information (Details) ft² in Millions	12 Months Ended
	Dec. 31, 2022 ft² Property State	Dec. 31, 2021
Organization [Line Items]
Number of industrial properties owned \| Property	426
Number of states in which industrial properties are located \| State	18
Gross leasable area (GLA) of industrial properties owned \| ft²	65.3
Ownership [Member]
Organization [Line Items]
Company's ownership interest	97.70%	97.80%
Limited partners' ownership interest in the Operating Partnership	2.30%	2.20%
Other Real Estate Partnerships \| Ownership [Member]
Organization [Line Items]
Company's ownership interest	100.00%
Operating Partnership's minimum ownership interest in the Other Real Estate Partnerships	99.00%
General partners' minimum ownership interest in the Other Real Estate Partnerships	0.01%
Joint Ventures
Organization [Line Items]
Number of industrial properties owned \| Property	3
Gross leasable area (GLA) of industrial properties owned \| ft²	1.8

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Maturity of liquid investments	three months or less
Minimum percentage of taxable income to be distributed	90.00%
Joint Venture I
Finite-Lived Intangible Assets [Line Items]
Equity Method Investment, Ownership Percentage	43.00%
Joint Ventures
Finite-Lived Intangible Assets [Line Items]
Equity Method Investment, Ownership Percentage	49.00%
In-Place Leases and Tenant Relationships
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 6,098	$ 4,498	$ 8,201
Above and Below Market Leases
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 2,679	$ 1,442	$ 1,962

Summary of Significant Accounting Policies - Useful Lives of Depreciable Assets (Details)	12 Months Ended
	Dec. 31, 2022
Buildings and Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Buildings and Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	50 years
Land Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	1 year
Land Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	25 years
Furniture, Fixtures and Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Furniture, Fixtures and Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years

Summary of Significant Accounting Policies - Summary of Deferred Leasing Intangibles (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total assets	$ 24,090	$ 21,316
Total deferred leasing intangibles, net, included in total liabilities	15,152	9,252
Total accumulated amortization of deferred leasing intangibles included in total assets	28,590	24,933
Total accumulated amortization of deferred leasing intangibles included in total liabilities	18,004	15,040
In-Place Leases
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total assets	19,373	15,428
Above Market Leases
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total assets	1,319	1,621
Below Market Ground Lease Obligation
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total assets	1,462	1,507
Tenant Relationships
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total assets	1,936	2,760
Below Market Leases
Finite-Lived Intangible Assets [Line Items]
Total deferred leasing intangibles, net, included in total liabilities	$ 15,152	$ 9,252

Summary of Significant Accounting Policies - Summary of Deferred Leasing Intangibles (Phantoms) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Total accumulated amortization of deferred leasing intangibles included in total assets	$ 28,590	$ 24,933
Total accumulated amortization of deferred leasing intangibles included in total liabilities	$ 18,004	$ 15,040

Summary of Significant Accounting Policies - Future Amortization Expense Related to Deferred Leasing Intangibles (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
In-Place Leases and Tenant Relationships
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 6,098	$ 4,498	$ 8,201
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
2023	6,127
2024	4,449
2025	3,265
2026	2,316
2027	1,540
Above and Below Market Leases
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	2,679	$ 1,442	$ 1,962
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
2023	3,746
2024	3,074
2025	2,283
2026	1,613
2027	$ 1,196

Investment in Real Estate - Additional Information (Details)
$ in Thousands, ft² in Millions

12 Months Ended

Dec. 31, 2022

USD ($)

ft²

Property

Dec. 31, 2021

USD ($)

ft²

Property

Dec. 31, 2020

USD ($)

ft²

Property

Real Estate Properties [Line Items]

Number of industrial properties | Property

426

Gross leasable area (GLA) of industrial properties | ft²

65.3

Proceeds from sale of real estate

^[1]

$ 178,340

$ 243,407

$ 153,351

Gain on sale of real estate

^[1]

$ 128,268

$ 150,310

$ 86,751

Acquisition Activity

Real Estate Properties [Line Items]

Number of industrial properties | Property

Gross leasable area (GLA) of industrial properties | ft²

0.5

0.2

1.5

Purchase Price of Industrial Properties Acquired

$ 137,126

$ 38,727

$ 154,410

Purchase Price of Income Producing Land

56,525

Purchase Price of Land Parcels Acquired

105,486

302,223

69,617

Total Purchase Price of Industrial Properties and Land Parcels Acquired

$ 299,137

$ 340,950

$ 224,027

Disposition Activity

Real Estate Properties [Line Items]

Number of industrial properties | Property

^[2]

Gross leasable area (GLA) of industrial properties | ft²

2.2

2.9

1.9

Number of Land Parcels | Property

Partial Disposition Activity

Real Estate Properties [Line Items]

Number of industrial properties | Property

[1]	(B) Gross proceeds and gain on sale of real estate include the sale of one land parcel for each of the years ended December 31, 2022 and 2021.
[2]	(A) Included as one industrial property for each of the years ended December 31, 2021 and 2020 was the sale of multiple industrial condominium units.

Investment in Real Estate Investment in Real Estate - Summary of Industrial Property Acquisitions (Details) $ in Thousands, ft² in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) ft² Property	Dec. 31, 2021 USD ($) ft² Property	Dec. 31, 2020 USD ($) ft² Property
Real Estate Properties [Line Items]
Number of industrial properties \| Property	426
Gross leasable area (GLA) of industrial properties \| ft²	65.3
Buildings and Improvements	$ 3,442,957	$ 3,020,221
Acquisition Activity
Real Estate Properties [Line Items]
Number of industrial properties \| Property	11	4	8
Gross leasable area (GLA) of industrial properties \| ft²	0.5	0.2	1.5
Purchase Price of Industrial Properties Acquired	$ 137,126	$ 38,727	$ 154,410
Purchase Price of Income Producing Land	56,525	0	0
Purchase Price of Land Parcels Acquired	105,486	302,223	69,617
Total Purchase Price of Industrial Properties and Land Parcels Acquired	299,137	340,950	$ 224,027
Buildings and Improvements	43,685	28,839
Other Assets	2,975	1,663
Income Producing Land Acquisition Activity
Real Estate Properties [Line Items]
Buildings and Improvements	11,676
Other Assets	1,577
Finite-lived Intangible Assets Acquired	3,850
Acquired Finite-lived Intangible Liabilities, Fair Value	$ 4,950
Land Acquisition Activity
Real Estate Properties [Line Items]
Buildings and Improvements		3,857
Other Assets		1,434
Finite-lived Intangible Assets Acquired		$ 183

Investment in Real Estate - Summary of Acquisition Purchase Price Allocation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Real Estate [Line Items]
Land	$ 1,646,179	$ 1,387,198
Buildings and Improvements	3,442,957	3,020,221
Acquisition Activity
Real Estate [Line Items]
Land	252,158	309,475
Buildings and Improvements	43,685	28,839
Other Assets	2,975	1,663
Total Purchase Price of Industrial Properties and Land Parcels Acquired	299,137	340,950	$ 224,027
Acquisition Activity \| In-Place Leases
Real Estate [Line Items]
Acquired finite lived intangible assets, fair value	(9,246)	(973)
Acquisition Activity \| Above Market Leases
Real Estate [Line Items]
Acquired finite lived intangible assets, fair value	(23)	0
Acquisition Activity \| Below Market Leases
Real Estate [Line Items]
Acquired Finite-lived Intangible Liabilities, Fair Value	$ (8,950)	$ 0

Investment in Real Estate Investment in Real Estate - Summary of Industrial Property Dispositions (Details)
$ in Thousands, ft² in Millions

12 Months Ended

Dec. 31, 2022

USD ($)

ft²

Property

Dec. 31, 2021

USD ($)

ft²

Property

Dec. 31, 2020

USD ($)

ft²

Property

Real Estate Properties [Line Items]

Number of industrial properties

426

Gross leasable area (GLA) of industrial properties | ft²

65.3

Proceeds from sale of real estate | $

^[1]

$ 178,340

$ 243,407

$ 153,351

Gain on sale of real estate | $

^[1]

$ 128,268

$ 150,310

$ 86,751

Disposition Activity

Real Estate Properties [Line Items]

Number of industrial properties

^[2]

Gross leasable area (GLA) of industrial properties | ft²

2.2

2.9

1.9

Number of Land Parcels

Partial Disposition Activity

Real Estate Properties [Line Items]

Number of industrial properties

[1]	(B) Gross proceeds and gain on sale of real estate include the sale of one land parcel for each of the years ended December 31, 2022 and 2021.
[2]	(A) Included as one industrial property for each of the years ended December 31, 2021 and 2020 was the sale of multiple industrial condominium units.

Indebtedness - Summary of Indebtedness (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 2,076,870
Unsecured Credit Facility	143,000	$ 79,000
2027 Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 6,070	6,070
Interest Rate	7.15%
Effective Interest Rate	7.11%
Maturity Date	May 15, 2027
2028 Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 31,901	31,901
Interest Rate	7.60%
Effective Interest Rate	8.13%
Maturity Date	Jul. 15, 2028
2032 Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 10,600	10,600
Interest Rate	7.75%
Effective Interest Rate	7.87%
Maturity Date	Apr. 15, 2032
2027 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 125,000	125,000
Interest Rate	4.30%
Effective Interest Rate	4.30%
Maturity Date	Apr. 20, 2027
2028 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 150,000	150,000
Interest Rate	3.86%
Effective Interest Rate	3.86%
Maturity Date	Feb. 15, 2028
2029 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 75,000	75,000
Interest Rate	4.40%
Effective Interest Rate	4.40%
Maturity Date	Apr. 20, 2029
2029 II Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 150,000	150,000
Interest Rate	3.97%
Effective Interest Rate	4.23%
Maturity Date	Jul. 23, 2029
2030 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 150,000	150,000
Interest Rate	3.96%
Effective Interest Rate	3.96%
Maturity Date	Feb. 15, 2030
2030 II Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 100,000	$ 100,000
Interest Rate	2.74%
Effective Interest Rate	2.74%	2.74%
Maturity Date	Sep. 17, 2030
2032 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 200,000	$ 200,000
Interest Rate	2.84%
Effective Interest Rate	2.84%	2.84%
Maturity Date	Sep. 17, 2032
2015 Unsecured Term Loan
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 0	$ 260,000
2021 Unsecured Term Loan (A)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 200,000	200,000
Interest Rate	1.84%
Maturity Date	Jul. 07, 2026
2022 Unsecured Term Loan (A)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 425,000	0
Interest Rate	3.64%
Maturity Date	Oct. 18, 2027
2022 Unsecured Term Loan II (A)(B)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 300,000	0
Interest Rate	4.88%
Maturity Date	Aug. 12, 2025
Mortgage Loans Payable
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 10,299	79,764
Unamortized Debt Issuance Costs	0	(90)
Long-term Debt	$ 10,299	79,674
Interest Rate	4.17%
Effective Interest Rate	4.17%
Maturity Date	Aug. 01, 2028
Senior Unsecured Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 998,571	998,571
Unamortized Debt Issuance Costs	(4,777)	(5,491)
Unamortized Discounts	(52)	(59)
Long-term Debt	993,742	993,021
Unsecured Term Loans
Debt Instrument [Line Items]
Long-term Debt, Gross	925,000	460,000
Unamortized Debt Issuance Costs	(5,740)	(1,675)
Long-term Debt	919,260	458,325
Unsecured Credit Facility
Debt Instrument [Line Items]
Unamortized Debt Issuance Costs	(3,285)	(4,577)
Unsecured Credit Facility	$ 143,000	$ 79,000
Interest Rate	5.16%
Maturity Date	Jul. 07, 2025

Indebtedness - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) extension	Dec. 31, 2021 USD ($)	Aug. 12, 2022 USD ($)	Apr. 18, 2022 USD ($)	Jul. 07, 2021 USD ($)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 2,076,870
2030 II Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 100,000	$ 100,000
Effective Interest Rate	2.74%	2.74%
Interest Rate	2.74%
2032 Private Placement Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 200,000	$ 200,000
Effective Interest Rate	2.84%	2.84%
Interest Rate	2.84%
2022 Unsecured Term Loan II (A)(B)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 300,000	$ 0
Unsecured term loan, face amount			$ 300,000
Interest Rate	4.88%
Debt Instrument, Interest Rate, Increase (Decrease)	0.10%
Debt Instrument, Basis Spread on Variable Rate	0.85%
Extension Period	1 year
Number of Extensions \| extension	2
2022 II Swaps
Debt Instrument [Line Items]
Derivative, Notional Amount	$ 300,000
Swaps, Average Fixed Interest Rate	3.93%
2022 II Swaps Due December 2025
Debt Instrument [Line Items]
Derivative, Notional Amount	$ 150,000
2022 II Swaps Due August 2027
Debt Instrument [Line Items]
Derivative, Notional Amount	150,000
2022 Unsecured Term Loan (A)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 425,000	0
Unsecured term loan, face amount				$ 425,000
Interest Rate	3.64%
Debt Instrument, Interest Rate, Increase (Decrease)	0.10%
Debt Instrument, Basis Spread on Variable Rate	0.85%
2022 Swaps
Debt Instrument [Line Items]
Derivative, Notional Amount	$ 425,000
Swaps, Average Fixed Interest Rate	2.69%
2021 Unsecured Term Loan (A)
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 200,000	200,000
Unsecured term loan, face amount					$ 200,000
Interest Rate	1.84%
Term Loan Borrowing Capacity	$ 460,000
Debt instrument, interest rate terms	LIBOR plus 85 basis points
2021 Swaps
Debt Instrument [Line Items]
Derivative, Notional Amount	$ 200,000
Swaps, Average Fixed Interest Rate	0.99%
Mortgage Loans Payable
Debt Instrument [Line Items]
Unamortized Debt Issuance Expense	$ 0	90
Extinguishment of debt, amount	67,973	60,471
Net carrying value of industrial properties collateralized by mortgage loans	31,772
Long-term Debt, Gross	$ 10,299	79,764
Effective Interest Rate	4.17%
Interest Rate	4.17%
Unsecured Credit Facility
Debt Instrument [Line Items]
Unamortized Debt Issuance Expense	$ 3,285	$ 4,577
Interest Rate	5.16%
Line of Credit Facility, current borrowing capacity					$ 750,000
Line of Credit Facility, interest rate description	LIBOR plus 77.5 basis points
Line of Credit Facility, Commitment Fee Percentage	0.15%
Line of Credit Facility, additional borrowings capacity	$ 1,000,000
Extension Period	6 months
Number of Extensions \| extension	2

Indebtedness - Schedule of Maturities (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Debt Disclosure [Abstract]
2023	$ 320
2024	335
2025	443,349
2026	200,364
2027	556,449
Thereafter	876,053
Total	$ 2,076,870

Indebtedness - Summary of Indebtedness at Estimated Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Mortgage Loans Payable, Net	$ 9,765	$ 81,700
Senior Unsecured Notes, Net	883,444	1,070,067
Unsecured Term Loans	909,187	460,486
Unsecured Credit Facility	143,000	79,000
Total	1,945,396	1,691,253
Carrying Amount (A)
Debt Instrument [Line Items]
Mortgage Loans Payable, Net	10,299	79,764
Senior Unsecured Notes, Net	998,519	998,512
Unsecured Term Loans	925,000	460,000
Unsecured Credit Facility	143,000	79,000
Total	$ 2,076,818	$ 1,617,276

Variable Interest Entities - Summarized Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Net Investment in Real Estate	$ 4,421,559	$ 3,778,148
Operating Lease Right-of-Use Assets	24,580	24,927
Cash and Cash Equivalents	133,244	58,591
Deferred Rent Receivable	122,918	98,727
Prepaid Expenses and Other Assets, Net	200,100	156,047
Total Assets	4,954,322	4,179,098
LIABILITIES AND PARTNERS' CAPITAL
Accounts Payable, Accrued Expenses and Other Liabilities	178,879	153,096
Operating Lease Liabilities	22,266	22,592
Rents Received in Advance and Security Deposits	100,166	98,588
Total Liabilities and Equity/Partners' Capital	4,954,322	4,179,098
Other Real Estate Partnerships
ASSETS
Net Investment in Real Estate	313,245	277,984
Operating Lease Right-of-Use Assets	13,000	13,087
Cash and Cash Equivalents	2,915	9,126
Deferred Rent Receivable	13,261	10,984
Prepaid Expenses and Other Assets, Net	12,919	9,480
Total Assets	355,340	320,661
LIABILITIES AND PARTNERS' CAPITAL
Accounts Payable, Accrued Expenses and Other Liabilities	18,148	9,496
Operating Lease Liabilities	10,249	10,277
Rents Received in Advance and Security Deposits	7,917	7,470
Partners' Capital	319,026	293,418
Total Liabilities and Equity/Partners' Capital	$ 355,340	$ 320,661

Variable Interest Entities Variable Interest Entities - Additional Information (Details) $ in Thousands, ft² in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) ft² Property	Dec. 31, 2021 USD ($) Property	Dec. 31, 2020 USD ($)
Variable Interest Entity [Line Items]
Joint Venture Development Services Expense	$ 909	$ 0	$ 0
Number of industrial properties owned \| Property	426
Gross leasable area (GLA) of industrial properties owned \| ft²	65.3
Net Investment in Real Estate	$ 4,421,559	3,778,148
Joint Venture I
Variable Interest Entity [Line Items]
Equity Method Investment, Ownership Percentage	43.00%
Joint Ventures
Variable Interest Entity [Line Items]
Equity Method Investment, Ownership Percentage	49.00%
Asset Management Fee	$ 1,717	407
Property Management Fee Deferred	395	86
Joint Venture Development Services Expense	909
Receivable balance due from joint venture	34	56
Net Income of the Joint Ventures	171,511	14,905
Equity Method Investment, Realized Gain (Loss) on Disposal	$ 171,671	$ 15,160
Number of Acres \| Property	391	138
Economic Share of Gain (Loss) on Joint Venture Sale	$ 84,119	$ 7,142
Incentive Fee	$ 31,308	$ 3,024
Number of industrial properties owned \| Property	3
Gross leasable area (GLA) of industrial properties owned \| ft²	1.8
Long-Term Construction Loan	$ 149,514
Loans Payable	9,037
Unamortized Debt Issuance Expense	1,188
Net Investment in Real Estate	$ 210,300
Former Joint Venture
Variable Interest Entity [Line Items]
Equity Method Investment, Ownership Percentage	49.00%

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Feb. 14, 2020
Class of Stock [Line Items]
Operating Partnership, aggregate cash payment	$ 147,471
Operating Partnership, shares	3,055,766
Preferred Stock, Shares Authorized	10,000,000
Conversion of Limited Partner Units to Common Stock / General Partner Units	$ 0	$ 0	$ 0
Net proceeds from the issuance of common stock	12,823	145,760	78,718
Equity in Income (Loss) of Joint Ventures	114,942	$ (161)	$ 4,200
Joint Ventures
Class of Stock [Line Items]
Equity in Income (Loss) of Joint Ventures	14,003
Noncontrolling Interest in Joint Ventures	$ 14,018
Common Stock
Class of Stock [Line Items]
Units converted to common stock	139,021	103,953	172,610
Conversion of Limited Partner Units to Common Stock / General Partner Units	$ 2,444	$ 1,761	$ 2,090
ATM [Member]
Class of Stock [Line Items]
Issuance of Common Stock/Contribution of General Partner Units	218,230	2,513,758	1,842,281
Net proceeds from the issuance of common stock	$ 12,823	$ 145,760	$ 78,718
Commission To Sales Agent	130	1,472	795
First Industrial, L.P.
Class of Stock [Line Items]
Conversion of Limited Partner Units to Common Stock / General Partner Units	0	0	0
Net proceeds from the issuance of common stock	12,823	145,760	78,718
Equity in Income (Loss) of Joint Ventures	114,942	(161)	4,200
ATM [Member]
Class of Stock [Line Items]
Shares of company stock issuable under an at-the-market offering				14,000,000
Aggregate Gross Sale Proceeds				$ 500,000
Noncontrolling Interest [Member]
Class of Stock [Line Items]
Conversion of Limited Partner Units to Common Stock / General Partner Units	$ (2,444)	$ (1,761)	$ (2,090)

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Common Stock and Units Roll-Forward (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Common Stock/Units, Outstanding, Beginning Balance	131,747,725
Common Stock/Units, Outstanding, Ending Balance	132,141,503	131,747,725
Common Stock / Operating Partnership Units
Class of Stock [Line Items]
Common Stock/Units, Outstanding, Beginning Balance	131,747,725	129,051,412	126,994,478
Issuance of Common Stock/Contribution of General Partner Units	218,230	2,513,758	1,842,281
Issuance of Restricted Stock/Awards	0	0	0
Vesting of Performance Units	49,964	133,803	107,752
Repurchase and Retirement of Restricted Stock/Awards	(13,437)	(55,201)	(65,709)
Conversion of Limited Partner Units	139,021	103,953	172,610
Common Stock/Units, Outstanding, Ending Balance	132,141,503	131,747,725	129,051,412
First Industrial, L.P. \| Common Stock / Operating Partnership Units
Class of Stock [Line Items]
Common Stock/Units, Outstanding, Beginning Balance	134,682,928	131,764,554	129,417,222
Issuance of Common Stock/Contribution of General Partner Units	218,230	2,513,758	1,842,281
Issuance of Restricted Stock/Awards	280,081	337,685	464,975
Vesting of Performance Units	49,964	133,803	107,752
Repurchase and Retirement of Restricted Stock/Awards	(33,934)	(66,872)	(67,676)
Conversion of Limited Partner Units	0	0	0
Common Stock/Units, Outstanding, Ending Balance	135,197,269	134,682,928	131,764,554

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership - Summary of Dividends/Distributions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Total Common Stock Dividends / Unit Distributions	$ 159,976	$ 143,643	$ 130,943
Common Stock / Operating Partnership Units
Class of Stock [Line Items]
Total Common Stock Dividends / Unit Distributions	$ 159,976	$ 143,643	$ 130,943

Accumulated Other Comprehensive Income (Changes in AOCI) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 2,248,372	$ 1,947,320
Ending Balance	2,530,299	2,248,372
Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(4,331)	(17,308)
Other Comprehensive Income (Loss), Before Reclassifications	39,021	6,146
Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss	(504)	6,831
Net Current Period Other Comprehensive Income (Loss)	38,517	12,977
Ending Balance	34,186	(4,331)
Comprehensive Income (Loss) Attributable to Noncontrolling Interest of the Company
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	93	355
Other Comprehensive Income (Loss), Before Reclassifications	(867)	(262)
Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss	0	0
Net Current Period Other Comprehensive Income (Loss)	(867)	(262)
Ending Balance	(774)	93
Accumulated Other Comprehensive Income (Loss) of the Company
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(4,238)	(16,953)
Other Comprehensive Income (Loss), Before Reclassifications	38,154	5,884
Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss	(504)	6,831
Net Current Period Other Comprehensive Income (Loss)	37,650	12,715
Ending Balance	33,412	(4,238)
First Industrial, L.P. \| Accumulated Other Comprehensive Income/Loss of the Operating Partnership
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(4,331)	(17,308)
Other Comprehensive Income (Loss), Before Reclassifications	39,021	6,146
Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss	(504)	6,831
Net Current Period Other Comprehensive Income (Loss)	38,517	12,977
Ending Balance	$ 34,186	$ (4,331)

Accumulated Other Comprehensive Income (Amounts Reclassified from AOCI) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Acceleration of 2020 Swap	$ 33,972	$ 34,610	$ 32,848
Total	76,068	102,784	32,030
Interest Rate Swap \| Reclassification out of Accumulated Other Comprehensive Loss \| Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest Expense - Amortization of IRPAs	410	410	410
Interest Expense - Settlement (Receipts) Payments	(914)	6,421	6,516
Acceleration of 2020 Swap	0	0	201
Total	$ (504)	$ 6,831	$ 7,127

Accumulated Other Comprehensive Income - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Accumulated Other Comprehensive Loss [Abstract]
Amortization to be reclassified from OCI into income	$ 410

Earnings Per Share / Unit (EPS / EPU) - Computation of Basic and Diluted EPS / EPU (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Net Income Available to Common Stockholders / Unitholders and Participating Securities	$ 359,134	$ 270,997	$ 195,989
Net Income Allocable to Participating Securities	(348)	(299)	(314)
Net Income Available to Common Stockholders / Unitholders	$ 358,786	$ 270,698	$ 195,675
Denominator:
Weighted Average Shares/Units - Basic	132,024	129,688	127,711
Performance Units/Performance Units and certain Performance RLP Units	79	87	193
Weighted Average Shares / Units - Diluted	132,103	129,775	127,904
Basic Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53
Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53
First Industrial, L.P.
Numerator:
Net Income Available to Common Stockholders / Unitholders and Participating Securities	$ 367,519	$ 277,038	$ 199,934
Net Income Allocable to Participating Securities	(877)	(770)	(662)
Net Income Available to Common Stockholders / Unitholders	$ 366,642	$ 276,268	$ 199,272
Denominator:
Weighted Average Shares/Units - Basic	134,229	131,740	129,752
Performance Units/Performance Units and certain Performance RLP Units	452	497	375
Weighted Average Shares / Units - Diluted	134,681	132,237	130,127
Basic Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.73	$ 2.10	$ 1.54
Diluted Earnings Per Share / Unit:
Net Income Available to Common Stockholders/Unitholders	$ 2.72	$ 2.09	$ 1.53

Earnings Per Share / Unit (EPS / EPU) - Additional Information (Details) - shares	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Service Awards/Service Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Service Awards / Performance Awards	143,080	147,937
Service Awards/Service Units \| Management
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Service Awards / Performance Awards	143,080	147,937	211,920
First Industrial, L.P.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Service Awards / Performance Awards	336,030	378,548	444,407

Income Taxes - Components of Income Tax Benefit (Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
Federal	$ (226)	$ (2,458)	$ (3,659)
State	(356)	(1,936)	(1,718)
Deferred:
Federal	(19,154)	(454)	2,969
State	(3,627)	(31)	0
Income Tax (Provision) Benefit	$ (23,363)	$ (4,879)	$ (2,408)

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Income Taxes - Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Property, Plant and Equipment	$ 1,603	$ 332
Deferred Tax Assets Interest Limitation	551	316
Deferred Tax Assets, Other	263	243
Deferred Tax Assets, Net of Valuation Allowance	2,417	891
Deferred Tax Liabilities, Tax Deferred Income	(24,340)	0
Deferred Tax Liabilities, Other	(299)	(332)
Deferred Tax Liabilities, Gross	(24,639)	(332)
Deferred Tax Liabilities, Net	$ (22,222)
Deferred Tax Assets, Net		$ 559

Income Taxes - Federal Income Tax Treatment of Common Dividends (Details) - Common Stock - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax [Line Items]
Ordinary Income (A)	$ 1.0720	$ 0.9928	$ 0.5800
Unrecaptured Section 1250 Capital Gain	0.0060	0.0060	0.2576
Other Capital Gain (B)	0.0168	0.0128	0.1624
Qualified Dividend	0.0852	0.0684	0
Distributions Per Common Share	$ 1.1800	$ 1.0800	$ 1.0000
Ordinary Income as a Percentage of Distributions	90.85%	91.93%	58.00%
Unrecaptured Section 1250 Gain as a Percentage of Distributions	0.51%	0.55%	25.76%
Capital Gain as a Percentage of Distributions	1.42%	1.19%	16.24%
Qualified Dividend as a Percentage Of Distributions	7.22%	6.33%	0.00%
Common Distributions Percentage	100.00%	100.00%	100.00%
Capital Gains as Percentage for One Year	52.00%
Capital Gains as Percentage for the Three Year	12.60%

Lessee Disclosures (Details) $ in Thousands	12 Months Ended
Lessee Disclosures (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Lessee, Lease, Description [Line Items]
Remaining Ground Lease Terms, Minimum	32 years
Remaining Ground Lease Terms, Maximum	49 years
Operating Lease Expense	$ 3,458
Operating Lease, Weighted Average Remaining Lease Term	38 years 6 months
Lessee, Weighted Average Discount Rate	7.20%
Minimum
Lessee, Lease, Description [Line Items]
Lessee, Remaining Lease Terms for Office Leases	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lessee, Remaining Lease Terms for Office Leases	6 years

Lessee Disclosures - Operating Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Lessee, Operating Lease, Liability, to be Paid [Abstract]
2023	$ 2,771
2024	2,643
2025	2,423
2026	1,952
2027	1,549
Thereafter	55,975
Total Lease Payments	67,313
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(45,047)
Operating Lease Liabilities	$ 22,266	$ 22,592

Lessor Disclosures - Future Minimum Rental Receipts (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Lessor, Operating Lease, Payments to be Received, Fiscal Year Maturity [Abstract]
2023	$ 406,903
2024	374,301
2025	337,512
2026	289,469
2027	231,940
Thereafter	551,171
Total	$ 2,191,296

Long-Term Compensation - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available under the Stock Incentive Plan	2,500,000
Amortization related to restricted stock/Unit awards and LTIP Unit Awards	$ 15,722	$ 13,719	$ 12,931
Share-based Payment Arrangement, Amount Capitalized	3,605	2,405	2,030
Unrecognized compensation related to unvested Performance Awards	$ 10,566
Weighted average period of unrecognized compensation expected to be recognized	10 months 28 days
Matching contributions in 401(k)/profit sharing plan	$ 1,314	$ 1,186	$ 977
Management \| Performance Awards/Performance Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Units/RLP Unit Awards issued	35,867	58,568	59,263
Fair Value of Performance Awards/Service Awards issued	$ 7,266	$ 7,162	$ 7,883
Management \| Performance RLP Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Units/RLP Unit Awards issued	208,454	263,621	322,477
Management \| Service Awards/Service Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Units/RLP Unit Awards issued	78,482	67,127	80,387
Fair Value of Performance Awards/Service Awards issued	$ 8,032	$ 5,195	$ 8,641
Vesting period of Awards issued	3 years
Management \| Service RLP Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Units/RLP Unit Awards issued	57,907	51,525	119,596
Director \| Service Awards/Service Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of Awards issued	1 year

Long-Term Compensation - Performance Award Valuation Assumptions (Details) - Performance RLP Units	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	1.75%	2.49%	2.22%
Expected volatility - weighted average	24.91%	32.44%	16.97%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility - range used	19.89%	29.00%	16.25%
Risk-free interest rate	0.22%	0.02%	1.63%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility - range used	28.74%	37.18%	17.56%
Risk-free interest rate	1.21%	0.19%	1.68%

Long-Term Compensation - Summary of Performance Award and Service Award Transactions (Details)	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Performance Awards/Performance Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, Beginning Balance, Awards \| shares	142,498
Issued, Awards \| shares	35,867
Forfeited, Awards \| shares	(2,117)
Vested, Awards \| shares	(31,167)
Outstanding, Ending Balance, Awards \| shares	145,081
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period \| $ / shares	$ 19.47
Issued, Weighted Average Grant Date Fair Value \| $ / shares	29.74
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	21.42
Vested, Weighted Average Grant Date Fair Value \| $ / shares	12.45
Outstanding, Weighted Average Grant Date Fair Value, End of Period \| $ / shares	$ 23.49
Performance RLP Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, Beginning Balance, Awards \| shares	724,425
Issued, Awards \| shares	208,454
Forfeited, Awards \| shares	(12,803)
Vested, Awards \| shares	(180,646)
Outstanding, Ending Balance, Awards \| shares	739,430
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period \| $ / shares	$ 19.45
Issued, Weighted Average Grant Date Fair Value \| $ / shares	29.74
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	20.65
Vested, Weighted Average Grant Date Fair Value \| $ / shares	13.54
Outstanding, Weighted Average Grant Date Fair Value, End of Period \| $ / shares	$ 23.78
Service Awards/Service Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, Beginning Balance, Awards \| shares	147,937
Issued, Awards \| shares	78,482
Forfeited, Awards \| shares	(1,752)
Vested, Awards \| shares	(81,587)
Outstanding, Ending Balance, Awards \| shares	143,080
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period \| $ / shares	$ 41.95
Issued, Weighted Average Grant Date Fair Value \| $ / shares	57.60
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	48.94
Vested, Weighted Average Grant Date Fair Value \| $ / shares	40.27
Outstanding, Weighted Average Grant Date Fair Value, End of Period \| $ / shares	$ 51.41
Service RLP Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, Beginning Balance, Awards \| shares	158,169
Issued, Awards \| shares	57,907
Forfeited, Awards \| shares	0
Vested, Awards \| shares	(97,069)
Outstanding, Ending Balance, Awards \| shares	119,007
Outstanding, Weighted Average Grant Date Fair Value, Beginning of Period \| $ / shares	$ 41.60
Issued, Weighted Average Grant Date Fair Value \| $ / shares	60.64
Forfeited, Weighted Average Grant Date Fair Value \| $ / shares	0
Vested, Weighted Average Grant Date Fair Value \| $ / shares	40.38
Outstanding, Weighted Average Grant Date Fair Value, End of Period \| $ / shares	$ 51.85

Derivatives - Additional Information (Details) $ in Thousands	8 Months Ended	12 Months Ended
	Sep. 12, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2020 USD ($)
2022 Swaps
Derivative [Line Items]
Derivative, Notional Amount		$ 425,000
Swaps, Average Fixed Interest Rate		2.69%
2022 II Swaps
Derivative [Line Items]
Derivative, Notional Amount		$ 300,000
Swaps, Average Fixed Interest Rate		3.93%
2022 II Swaps Due December 2025
Derivative [Line Items]
Derivative, Notional Amount		$ 150,000
2022 II Swaps Due August 2027
Derivative [Line Items]
Derivative, Notional Amount		$ 150,000
2021 Swaps
Derivative [Line Items]
Swaps, Number of Instruments Held		3
Derivative, Notional Amount		$ 200,000
Debt instrument, LIBOR Rate		one-month LIBOR
Swaps, Average Fixed Interest Rate		0.99%
2015 Swaps
Derivative [Line Items]
Swaps, Number of Instruments Held	6
Derivative, Notional Amount	$ 260,000
Debt instrument, LIBOR Rate	one-month LIBOR
Swaps, Average Fixed Interest Rate	1.79%
2022 Swaps
Derivative [Line Items]
Swaps, Number of Instruments Held		8
Derivative, Notional Amount		$ 425,000
Description of Variable Rate Basis		one-month SOFR
Swaps, Average Fixed Interest Rate		2.69%
2022 II Swaps
Derivative [Line Items]
Swaps, Number of Instruments Held		7
Derivative, Notional Amount		$ 300,000
Description of Variable Rate Basis		adjusted daily simple SOFR
Swaps, Average Fixed Interest Rate		3.93%
2022 II Swaps Due December 2025
Derivative [Line Items]
Derivative, Notional Amount		$ 150,000
2022 II Swaps Due August 2027
Derivative [Line Items]
Derivative, Notional Amount		$ 150,000
2020 Swap
Derivative [Line Items]
Derivative, Notional Amount			$ 150,000
Debt instrument, LIBOR Rate			one-month LIBOR
Swaps, Average Fixed Interest Rate			0.42%

Derivatives - Fair Value Measurements on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2021 Swaps
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	$ 17,976	$ 1,341
2021 Swaps \| Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	0	0
2021 Swaps \| Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	17,976	1,341
2021 Swaps \| Fair Value, Measurements, Recurring \| Unobservable Inputs (Level 3)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	0	0
2015 Swaps
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value		(2,668)
2015 Swaps \| Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value		0
2015 Swaps \| Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value		(2,668)
2015 Swaps \| Fair Value, Measurements, Recurring \| Unobservable Inputs (Level 3)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value		$ 0
2022 Swaps
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	19,057
2022 Swaps \| Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	0
2022 Swaps \| Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	19,057
2022 Swaps \| Fair Value, Measurements, Recurring \| Unobservable Inputs (Level 3)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Asset, Fair Value	0
2022 II Swaps
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value	(253)
2022 II Swaps \| Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value	0
2022 II Swaps \| Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value	(253)
2022 II Swaps \| Fair Value, Measurements, Recurring \| Unobservable Inputs (Level 3)
Fair Value On Recurring Basis [Line Items]
Hedging Instrument, Liability, Fair Value	$ 0

Related Party Transactions - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Receivable balance due from a direct wholly-owned subsidiary	$ 9,285	$ 9,239

Commitments and Contingencies - Additional Information (Details) $ in Thousands, ft² in Millions	Dec. 31, 2022 USD ($) ft² Property
Other Commitments [Line Items]
Outstanding amount of letters of credit and performance bonds in the aggregate	$ 22,612
Number of industrial properties \| Property	426
Gross leasable area (GLA) of industrial properties \| ft²	65.3
Development Activity
Other Commitments [Line Items]
Number of industrial properties \| Property	14
Gross leasable area (GLA) of industrial properties \| ft²	3.6
Estimated total investment	$ 556,200
Estimated total investment remaining to be funded	$ 263,100

Subsequent Events - Additional Information (Details) $ in Thousands	2 Months Ended	12 Months Ended
	Feb. 15, 2023 USD ($) Property	Dec. 31, 2022 USD ($) Property	Dec. 31, 2021 USD ($) Property	Dec. 31, 2020 USD ($) Property
Subsequent Event [Line Items]
Number of industrial properties		426
Acquisition Activity
Subsequent Event [Line Items]
Number of industrial properties		11	4	8
Total Purchase Price of Industrial Properties and Land Parcels Acquired \| $		$ 299,137	$ 340,950	$ 224,027
Subsequent Events \| Acquisition Activity
Subsequent Event [Line Items]
Number of industrial properties	1
Total Purchase Price of Industrial Properties and Land Parcels Acquired \| $	$ 6,000

Schedule III: Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,299
Land	1,654,627
Buildings and Improvements	1,417,535
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,270,877
Land	1,646,179
Buildings and Improvements	3,696,860
Total	5,343,039
(b) Accumulated Depreciation 12/31/2022	921,480	$ 868,296	$ 839,349	$ 804,780
1650 Highway 155 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	779
Buildings and Improvements	4,544
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(724)
Land	345
Buildings and Improvements	4,254
Total	4,599
(b) Accumulated Depreciation 12/31/2022	3,021
4051 Southmeadow Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	726
Buildings and Improvements	4,130
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,593
Land	726
Buildings and Improvements	5,723
Total	6,449
(b) Accumulated Depreciation 12/31/2022	3,740
4071 Southmeadow Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	750
Buildings and Improvements	4,460
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,182
Land	828
Buildings and Improvements	6,564
Total	7,392
(b) Accumulated Depreciation 12/31/2022	4,224
4081 Southmeadow Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,012
Buildings and Improvements	5,918
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,397
Land	1,157
Buildings and Improvements	8,170
Total	9,327
(b) Accumulated Depreciation 12/31/2022	5,221
5570 Tulane Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	527
Buildings and Improvements	2,984
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,229
Land	546
Buildings and Improvements	4,194
Total	4,740
(b) Accumulated Depreciation 12/31/2022	2,502
955 Cobb Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	780
Buildings and Improvements	4,420
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,068
Land	804
Buildings and Improvements	5,464
Total	6,268
(b) Accumulated Depreciation 12/31/2022	3,269
1005 Sigman Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	566
Buildings and Improvements	3,134
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	911
Land	574
Buildings and Improvements	4,037
Total	4,611
(b) Accumulated Depreciation 12/31/2022	2,163
2050 East Park Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	452
Buildings and Improvements	2,504
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	711
Land	459
Buildings and Improvements	3,208
Total	3,667
(b) Accumulated Depreciation 12/31/2022	1,720
3060 South Park Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,600
Buildings and Improvements	12,464
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,478
Land	1,604
Buildings and Improvements	15,938
Total	17,542
(b) Accumulated Depreciation 12/31/2022	8,196
175 Greenwood Industrial Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,550
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,134
Land	1,550
Buildings and Improvements	8,134
Total	9,684
(b) Accumulated Depreciation 12/31/2022	3,533
5095 Phillip Lee Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	735
Buildings and Improvements	3,627
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(198)
Land	740
Buildings and Improvements	3,424
Total	4,164
(b) Accumulated Depreciation 12/31/2022	3,162
6514 Warren Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	510
Buildings and Improvements	1,250
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	191
Land	513
Buildings and Improvements	1,438
Total	1,951
(b) Accumulated Depreciation 12/31/2022	839
6544 Warren Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	711
Buildings and Improvements	2,310
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	411
Land	715
Buildings and Improvements	2,717
Total	3,432
(b) Accumulated Depreciation 12/31/2022	1,697
5356 E. Ponce De Leon [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	604
Buildings and Improvements	3,888
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,093
Land	610
Buildings and Improvements	4,975
Total	5,585
(b) Accumulated Depreciation 12/31/2022	3,624
5390 E. Ponce De Leon [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	397
Buildings and Improvements	1,791
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	543
Land	402
Buildings and Improvements	2,329
Total	2,731
(b) Accumulated Depreciation 12/31/2022	1,560
1755 Enterprise Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	712
Buildings and Improvements	2,118
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	26
Land	716
Buildings and Improvements	2,140
Total	2,856
(b) Accumulated Depreciation 12/31/2022	1,189
4555 Atwater Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	881
Buildings and Improvements	3,550
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	449
Land	885
Buildings and Improvements	3,995
Total	4,880
(b) Accumulated Depreciation 12/31/2022	2,176
80 Liberty Industrial Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	756
Buildings and Improvements	3,695
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(1,212)
Land	467
Buildings and Improvements	2,772
Total	3,239
(b) Accumulated Depreciation 12/31/2022	1,391
596 Bonnie Valentine [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,580
Buildings and Improvements	21,730
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,514
Land	2,594
Buildings and Improvements	24,230
Total	26,824
(b) Accumulated Depreciation 12/31/2022	8,528
5055 Oakley Industrial Boulevard
Real Estate and Accumulated Depreciation [Line Items]
Land	8,514
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	166
Land	8,680
Buildings and Improvements	0
Total	8,680
(b) Accumulated Depreciation 12/31/2022	0
11415 Old Roswell Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,403
Buildings and Improvements	1,912
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	464
Land	2,428
Buildings and Improvements	2,351
Total	4,779
(b) Accumulated Depreciation 12/31/2022	1,269
1281 Highway 155 S. [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,501
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,232
Land	2,502
Buildings and Improvements	17,231
Total	19,733
(b) Accumulated Depreciation 12/31/2022	3,393
4955 Oakley Industrial Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,650
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	34,386
Land	3,661
Buildings and Improvements	34,375
Total	38,036
(b) Accumulated Depreciation 12/31/2022	3,040
16522 Hunters Green Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,390
Buildings and Improvements	13,104
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,966
Land	1,863
Buildings and Improvements	19,597
Total	21,460
(b) Accumulated Depreciation 12/31/2022	7,799
22520 Randolph Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,200
Buildings and Improvements	8,187
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	216
Land	3,208
Buildings and Improvements	8,395
Total	11,603
(b) Accumulated Depreciation 12/31/2022	3,335
22630 Dulles Summit Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,200
Buildings and Improvements	9,346
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(871)
Land	2,206
Buildings and Improvements	8,469
Total	10,675
(b) Accumulated Depreciation 12/31/2022	3,498
11204 McCormick Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,017
Buildings and Improvements	3,132
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	216
Land	1,038
Buildings and Improvements	3,327
Total	4,365
(b) Accumulated Depreciation 12/31/2022	2,218
11110 Pepper Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	918
Buildings and Improvements	2,529
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	666
Land	938
Buildings and Improvements	3,175
Total	4,113
(b) Accumulated Depreciation 12/31/2022	2,072
10709 Gilroy Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	913
Buildings and Improvements	2,705
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	175
Land	913
Buildings and Improvements	2,880
Total	3,793
(b) Accumulated Depreciation 12/31/2022	2,305
10707 Gilroy Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,111
Buildings and Improvements	3,819
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	886
Land	1,136
Buildings and Improvements	4,680
Total	5,816
(b) Accumulated Depreciation 12/31/2022	3,369
38 Loveton Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,648
Buildings and Improvements	2,151
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(192)
Land	1,690
Buildings and Improvements	1,917
Total	3,607
(b) Accumulated Depreciation 12/31/2022	1,385
1225 Bengies Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,640
Buildings and Improvements	270
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	12,539
Land	2,823
Buildings and Improvements	12,626
Total	15,449
(b) Accumulated Depreciation 12/31/2022	4,854
100 Tyson Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,320
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,126
Land	2,401
Buildings and Improvements	11,045
Total	13,446
(b) Accumulated Depreciation 12/31/2022	4,305
400 Old Post Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,411
Buildings and Improvements	17,144
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	420
Land	3,411
Buildings and Improvements	17,564
Total	20,975
(b) Accumulated Depreciation 12/31/2022	5,023
500 Old Post Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	8,289
Buildings and Improvements	30,533
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,143
Land	8,289
Buildings and Improvements	35,676
Total	43,965
(b) Accumulated Depreciation 12/31/2022	9,118
5300 and 5315 Nottingham Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	12,075
Buildings and Improvements	41,008
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	19,591
Land	12,081
Buildings and Improvements	60,593
Total	72,674
(b) Accumulated Depreciation 12/31/2022	6,752
5301 Nottingham Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,952
Buildings and Improvements	12,511
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,849
Land	4,978
Buildings and Improvements	15,334
Total	20,312
(b) Accumulated Depreciation 12/31/2022	1,596
401 Russell Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	262
Buildings and Improvements	857
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,064
Land	287
Buildings and Improvements	2,896
Total	3,183
(b) Accumulated Depreciation 12/31/2022	2,473
2700 Commerce Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	196
Buildings and Improvements	997
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	878
Land	206
Buildings and Improvements	1,865
Total	2,071
(b) Accumulated Depreciation 12/31/2022	1,735
2701 Commerce Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	141
Buildings and Improvements	859
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,399
Land	164
Buildings and Improvements	2,235
Total	2,399
(b) Accumulated Depreciation 12/31/2022	1,897
2780 Commerce Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	113
Buildings and Improvements	743
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,295
Land	209
Buildings and Improvements	1,942
Total	2,151
(b) Accumulated Depreciation 12/31/2022	1,774
350 Old Silver Spring Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	510
Buildings and Improvements	2,890
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,393
Land	541
Buildings and Improvements	9,252
Total	9,793
(b) Accumulated Depreciation 12/31/2022	5,142
14 McFadden Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	600
Buildings and Improvements	1,349
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(305)
Land	625
Buildings and Improvements	1,019
Total	1,644
(b) Accumulated Depreciation 12/31/2022	497
431 Railroad Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,293
Buildings and Improvements	7,164
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,914
Land	1,341
Buildings and Improvements	10,030
Total	11,371
(b) Accumulated Depreciation 12/31/2022	6,951
6951 Allentown Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	585
Buildings and Improvements	3,176
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	202
Land	601
Buildings and Improvements	3,362
Total	3,963
(b) Accumulated Depreciation 12/31/2022	1,841
2801 Red Lion Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	950
Buildings and Improvements	5,916
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	192
Land	964
Buildings and Improvements	6,094
Total	7,058
(b) Accumulated Depreciation 12/31/2022	4,139
1351 Eisenhower Blvd., Bldg 1 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	382
Buildings and Improvements	2,343
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(297)
Land	387
Buildings and Improvements	2,041
Total	2,428
(b) Accumulated Depreciation 12/31/2022	1,029
1351 Eisenhower Blvd., Bldg 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	436
Buildings and Improvements	1,587
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(322)
Land	443
Buildings and Improvements	1,258
Total	1,701
(b) Accumulated Depreciation 12/31/2022	637
200 Cascade Drive, Bldg. 1 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,133
Buildings and Improvements	17,562
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,808
Land	2,769
Buildings and Improvements	20,734
Total	23,503
(b) Accumulated Depreciation 12/31/2022	10,504
200 Cascade Drive, Bldg. 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	310
Buildings and Improvements	2,268
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	160
Land	316
Buildings and Improvements	2,422
Total	2,738
(b) Accumulated Depreciation 12/31/2022	1,075
1490 Dennison Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,500
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	12,961
Land	2,341
Buildings and Improvements	12,120
Total	14,461
(b) Accumulated Depreciation 12/31/2022	4,596
298 First Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	7,022
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	59,058
Land	7,019
Buildings and Improvements	59,061
Total	66,080
(b) Accumulated Depreciation 12/31/2022	20,827
225 Cross Farm Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,718
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	25,361
Land	4,715
Buildings and Improvements	25,364
Total	30,079
(b) Accumulated Depreciation 12/31/2022	9,146
2455 Boulevard of Generals [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,200
Buildings and Improvements	4,800
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	344
Land	1,226
Buildings and Improvements	5,118
Total	6,344
(b) Accumulated Depreciation 12/31/2022	3,011
105 Steamboat Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,085
Buildings and Improvements	14,464
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(1,524)
Land	4,070
Buildings and Improvements	12,955
Total	17,025
(b) Accumulated Depreciation 12/31/2022	4,248
20 Leo Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,884
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	27,488
Land	6,889
Buildings and Improvements	27,483
Total	34,372
(b) Accumulated Depreciation 12/31/2022	6,163
3895 Eastgate Blvd Bldg A [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,855
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,605
Land	4,388
Buildings and Improvements	18,072
Total	22,460
(b) Accumulated Depreciation 12/31/2022	3,190
3895 Eastgate Blvd Bldg B [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,459
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	12,843
Land	3,128
Buildings and Improvements	13,174
Total	16,302
(b) Accumulated Depreciation 12/31/2022	2,348
112 Bordnersville Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	13,702
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	41,431
Land	13,724
Buildings and Improvements	41,409
Total	55,133
(b) Accumulated Depreciation 12/31/2022	6,726
122 Bordnersville Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,165
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	14,631
Land	3,171
Buildings and Improvements	14,625
Total	17,796
(b) Accumulated Depreciation 12/31/2022	1,623
2021 Woodhaven Road
Real Estate and Accumulated Depreciation [Line Items]
Land	2,059
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,936
Land	2,087
Buildings and Improvements	9,908
Total	11,995
(b) Accumulated Depreciation 12/31/2022	640
1960 Weaversville Road
Real Estate and Accumulated Depreciation [Line Items]
Land	2,196
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,513
Land	2,196
Buildings and Improvements	11,513
Total	13,709
(b) Accumulated Depreciation 12/31/2022	0
2771 N. Market Street
Real Estate and Accumulated Depreciation [Line Items]
Land	50,789
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	64,592
Land	50,789
Buildings and Improvements	64,592
Total	115,381
(b) Accumulated Depreciation 12/31/2022	654
720-730 Landwehr Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	521
Buildings and Improvements	2,982
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,376
Land	521
Buildings and Improvements	4,358
Total	4,879
(b) Accumulated Depreciation 12/31/2022	2,563
1385 101st Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	967
Buildings and Improvements	5,554
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,942
Land	968
Buildings and Improvements	7,495
Total	8,463
(b) Accumulated Depreciation 12/31/2022	4,678
2300 Windsor Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	688
Buildings and Improvements	3,943
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	872
Land	696
Buildings and Improvements	4,807
Total	5,503
(b) Accumulated Depreciation 12/31/2022	3,194
305-311 Era Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	1,154
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,158
Land	205
Buildings and Improvements	2,307
Total	2,512
(b) Accumulated Depreciation 12/31/2022	1,252
800 Business Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	631
Buildings and Improvements	3,493
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	328
Land	666
Buildings and Improvements	3,786
Total	4,452
(b) Accumulated Depreciation 12/31/2022	2,112
580 Slawin Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	233
Buildings and Improvements	1,292
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(80)
Land	162
Buildings and Improvements	1,283
Total	1,445
(b) Accumulated Depreciation 12/31/2022	692
1005 101st Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,200
Buildings and Improvements	6,643
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,679
Land	1,220
Buildings and Improvements	8,302
Total	9,522
(b) Accumulated Depreciation 12/31/2022	4,322
175 Wall Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	427
Buildings and Improvements	2,363
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	767
Land	433
Buildings and Improvements	3,124
Total	3,557
(b) Accumulated Depreciation 12/31/2022	1,530
251 Airport Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	983
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,780
Land	983
Buildings and Improvements	6,780
Total	7,763
(b) Accumulated Depreciation 12/31/2022	3,357
400 Crossroads Pkwy [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,178
Buildings and Improvements	9,453
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,136
Land	1,181
Buildings and Improvements	12,586
Total	13,767
(b) Accumulated Depreciation 12/31/2022	5,865
7801 W. Industrial Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,215
Buildings and Improvements	3,020
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,459
Land	1,220
Buildings and Improvements	4,474
Total	5,694
(b) Accumulated Depreciation 12/31/2022	3,002
725 Kimberly Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	793
Buildings and Improvements	1,395
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5
Land	801
Buildings and Improvements	1,392
Total	2,193
(b) Accumulated Depreciation 12/31/2022	878
2900 W. 166th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,132
Buildings and Improvements	4,293
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(1,288)
Land	1,134
Buildings and Improvements	3,003
Total	4,137
(b) Accumulated Depreciation 12/31/2022	1,146
555 W. Algonquin Rd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	574
Buildings and Improvements	741
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,326
Land	579
Buildings and Improvements	3,062
Total	3,641
(b) Accumulated Depreciation 12/31/2022	1,481
1501 Oakton Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,369
Buildings and Improvements	6,121
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	96
Land	3,482
Buildings and Improvements	6,104
Total	9,586
(b) Accumulated Depreciation 12/31/2022	2,982
16500 W. 103rd Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	744
Buildings and Improvements	2,458
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	529
Land	762
Buildings and Improvements	2,969
Total	3,731
(b) Accumulated Depreciation 12/31/2022	1,776
8505 50th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,212
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	37,245
Land	4,296
Buildings and Improvements	36,161
Total	40,457
(b) Accumulated Depreciation 12/31/2022	14,885
4100 Rock Creek Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,476
Buildings and Improvements	16,061
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,311
Land	4,476
Buildings and Improvements	17,372
Total	21,848
(b) Accumulated Depreciation 12/31/2022	6,521
10100 58th Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,201
Buildings and Improvements	17,604
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(2,005)
Land	4,201
Buildings and Improvements	15,599
Total	19,800
(b) Accumulated Depreciation 12/31/2022	4,270
401 Airport Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	534
Buildings and Improvements	1,957
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(147)
Land	534
Buildings and Improvements	1,810
Total	2,344
(b) Accumulated Depreciation 12/31/2022	472
3737 84th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,943
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	24,116
Land	1,943
Buildings and Improvements	24,116
Total	26,059
(b) Accumulated Depreciation 12/31/2022	4,261
81 Paragon Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,787
Buildings and Improvements	7,252
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,101
Land	1,788
Buildings and Improvements	8,352
Total	10,140
(b) Accumulated Depreciation 12/31/2022	2,014
10680 88th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,376
Buildings and Improvements	4,757
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	1,376
Buildings and Improvements	4,757
Total	6,133
(b) Accumulated Depreciation 12/31/2022	1,038
8725 31st Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,133
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	26,102
Land	2,134
Buildings and Improvements	26,101
Total	28,235
(b) Accumulated Depreciation 12/31/2022	4,069
3500 Channahon Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,595
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	18,560
Land	2,598
Buildings and Improvements	18,557
Total	21,155
(b) Accumulated Depreciation 12/31/2022	3,027
1998 Melissa Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,401
Buildings and Improvements	9,970
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	748
Land	2,400
Buildings and Improvements	10,719
Total	13,119
(b) Accumulated Depreciation 12/31/2022	1,501
8630 31st Street
Real Estate and Accumulated Depreciation [Line Items]
Land	1,784
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	32,642
Land	1,784
Buildings and Improvements	32,642
Total	34,426
(b) Accumulated Depreciation 12/31/2022	0
4700-4750 Creek Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,080
Buildings and Improvements	6,118
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,523
Land	1,109
Buildings and Improvements	7,612
Total	8,721
(b) Accumulated Depreciation 12/31/2022	4,690
4436 Mulhauser Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	630
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,769
Land	630
Buildings and Improvements	5,769
Total	6,399
(b) Accumulated Depreciation 12/31/2022	3,014
4438 Mulhauser Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	779
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,557
Land	779
Buildings and Improvements	6,557
Total	7,336
(b) Accumulated Depreciation 12/31/2022	3,203
9345 Princeton-Glendale Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	818
Buildings and Improvements	1,648
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	480
Land	840
Buildings and Improvements	2,106
Total	2,946
(b) Accumulated Depreciation 12/31/2022	1,474
9525 Glades Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	1,323
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	285
Land	355
Buildings and Improvements	1,600
Total	1,955
(b) Accumulated Depreciation 12/31/2022	993
9774-9792 Windisch Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	392
Buildings and Improvements	1,744
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	215
Land	394
Buildings and Improvements	1,957
Total	2,351
(b) Accumulated Depreciation 12/31/2022	793
9808-9830 Windisch Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	395
Buildings and Improvements	2,541
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(43)
Land	397
Buildings and Improvements	2,496
Total	2,893
(b) Accumulated Depreciation 12/31/2022	923
9842-9862 Windisch Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	506
Buildings and Improvements	3,148
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(323)
Land	508
Buildings and Improvements	2,823
Total	3,331
(b) Accumulated Depreciation 12/31/2022	1,004
9872-9898 Windisch Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	546
Buildings and Improvements	3,039
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	153
Land	548
Buildings and Improvements	3,190
Total	3,738
(b) Accumulated Depreciation 12/31/2022	1,141
9902-9922 Windisch Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	623
Buildings and Improvements	4,003
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(657)
Land	627
Buildings and Improvements	3,342
Total	3,969
(b) Accumulated Depreciation 12/31/2022	1,333
2406-2416 Walnut Ridge [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	178
Buildings and Improvements	1,006
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,177
Land	172
Buildings and Improvements	2,189
Total	2,361
(b) Accumulated Depreciation 12/31/2022	949
2401-2419 Walnut Ridge [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	148
Buildings and Improvements	839
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	600
Land	142
Buildings and Improvements	1,445
Total	1,587
(b) Accumulated Depreciation 12/31/2022	668
900-906 Great Southwest Pkwy [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	237
Buildings and Improvements	1,342
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	882
Land	270
Buildings and Improvements	2,191
Total	2,461
(b) Accumulated Depreciation 12/31/2022	1,140
3000 West Commerce [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	456
Buildings and Improvements	2,584
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	910
Land	469
Buildings and Improvements	3,481
Total	3,950
(b) Accumulated Depreciation 12/31/2022	2,052
816 111th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	251
Buildings and Improvements	1,421
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	235
Land	258
Buildings and Improvements	1,649
Total	1,907
(b) Accumulated Depreciation 12/31/2022	978
1602-1654 Terre Colony [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	458
Buildings and Improvements	2,596
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	927
Land	468
Buildings and Improvements	3,513
Total	3,981
(b) Accumulated Depreciation 12/31/2022	1,800
2220 Merritt Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	352
Buildings and Improvements	1,993
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	302
Land	316
Buildings and Improvements	2,331
Total	2,647
(b) Accumulated Depreciation 12/31/2022	1,139
2485-2505 Merritt Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	431
Buildings and Improvements	2,440
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	495
Land	443
Buildings and Improvements	2,923
Total	3,366
(b) Accumulated Depreciation 12/31/2022	1,498
2110 Hutton Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	374
Buildings and Improvements	2,117
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(188)
Land	255
Buildings and Improvements	2,048
Total	2,303
(b) Accumulated Depreciation 12/31/2022	1,044
2025 McKenzie Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	437
Buildings and Improvements	2,478
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	526
Land	442
Buildings and Improvements	2,999
Total	3,441
(b) Accumulated Depreciation 12/31/2022	1,533
2019 McKenzie Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	502
Buildings and Improvements	2,843
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	843
Land	507
Buildings and Improvements	3,681
Total	4,188
(b) Accumulated Depreciation 12/31/2022	1,779
2029-2035 McKenzie Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	306
Buildings and Improvements	1,870
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	997
Land	306
Buildings and Improvements	2,867
Total	3,173
(b) Accumulated Depreciation 12/31/2022	1,263
2015 McKenzie Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	510
Buildings and Improvements	2,891
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	671
Land	516
Buildings and Improvements	3,556
Total	4,072
(b) Accumulated Depreciation 12/31/2022	1,744
2009 McKenzie Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	476
Buildings and Improvements	2,699
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	537
Land	481
Buildings and Improvements	3,231
Total	3,712
(b) Accumulated Depreciation 12/31/2022	1,651
900-1100 Avenue S [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	623
Buildings and Improvements	3,528
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,111
Land	629
Buildings and Improvements	4,633
Total	5,262
(b) Accumulated Depreciation 12/31/2022	2,228
Plano Crossing Bus. Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,961
Buildings and Improvements	11,112
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	913
Land	1,981
Buildings and Improvements	12,005
Total	13,986
(b) Accumulated Depreciation 12/31/2022	5,937
825-827 Avenue H [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	600
Buildings and Improvements	3,006
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,092
Land	604
Buildings and Improvements	4,094
Total	4,698
(b) Accumulated Depreciation 12/31/2022	2,331
1013-31 Avenue M [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	300
Buildings and Improvements	1,504
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	317
Land	302
Buildings and Improvements	1,819
Total	2,121
(b) Accumulated Depreciation 12/31/2022	1,105
1172-84 113th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	700
Buildings and Improvements	3,509
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(84)
Land	704
Buildings and Improvements	3,421
Total	4,125
(b) Accumulated Depreciation 12/31/2022	1,900
1200-16 Avenue H [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	600
Buildings and Improvements	2,846
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	808
Land	604
Buildings and Improvements	3,650
Total	4,254
(b) Accumulated Depreciation 12/31/2022	1,885
1322-66 W. North Carrier Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,000
Buildings and Improvements	5,012
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,328
Land	1,006
Buildings and Improvements	6,334
Total	7,340
(b) Accumulated Depreciation 12/31/2022	3,621
2401-2407 Centennial Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	600
Buildings and Improvements	2,534
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	710
Land	604
Buildings and Improvements	3,240
Total	3,844
(b) Accumulated Depreciation 12/31/2022	2,013
3111 West Commerce Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,000
Buildings and Improvements	3,364
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,088
Land	1,011
Buildings and Improvements	4,441
Total	5,452
(b) Accumulated Depreciation 12/31/2022	2,710
13800 Senlac Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	823
Buildings and Improvements	4,042
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(149)
Land	825
Buildings and Improvements	3,891
Total	4,716
(b) Accumulated Depreciation 12/31/2022	2,056
801-831 S Great Southwest Pkwy [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,581
Buildings and Improvements	16,556
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,368
Land	2,586
Buildings and Improvements	18,919
Total	21,505
(b) Accumulated Depreciation 12/31/2022	14,413
801 Heinz Way [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	599
Buildings and Improvements	3,327
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	446
Land	601
Buildings and Improvements	3,771
Total	4,372
(b) Accumulated Depreciation 12/31/2022	2,628
901-937 Heinz Way [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	493
Buildings and Improvements	2,758
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	51
Land	481
Buildings and Improvements	2,821
Total	3,302
(b) Accumulated Depreciation 12/31/2022	2,142
3301 Century Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	760
Buildings and Improvements	3,856
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(123)
Land	771
Buildings and Improvements	3,722
Total	4,493
(b) Accumulated Depreciation 12/31/2022	1,748
3901 W Miller Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,912
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	14,414
Land	1,947
Buildings and Improvements	14,379
Total	16,326
(b) Accumulated Depreciation 12/31/2022	5,064
1251 North Cockrell Hill Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,064
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	14,689
Land	1,073
Buildings and Improvements	15,680
Total	16,753
(b) Accumulated Depreciation 12/31/2022	3,490
1171 North Cockrell Hill Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,215
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,982
Land	632
Buildings and Improvements	11,565
Total	12,197
(b) Accumulated Depreciation 12/31/2022	2,570
3996 Scientific Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,301
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,094
Land	1,349
Buildings and Improvements	7,046
Total	8,395
(b) Accumulated Depreciation 12/31/2022	1,289
750 Gateway Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,452
Buildings and Improvements	4,679
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	80
Land	1,452
Buildings and Improvements	4,759
Total	6,211
(b) Accumulated Depreciation 12/31/2022	1,247
2250 East Bardin Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,603
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,164
Land	1,603
Buildings and Improvements	10,164
Total	11,767
(b) Accumulated Depreciation 12/31/2022	1,656
2001 Midway Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,963
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	13,106
Land	3,963
Buildings and Improvements	13,106
Total	17,069
(b) Accumulated Depreciation 12/31/2022	1,336
2025 Midway Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,243
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,413
Land	2,243
Buildings and Improvements	8,413
Total	10,656
(b) Accumulated Depreciation 12/31/2022	1,539
5300 Mountain Creek [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,675
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	48,002
Land	4,779
Buildings and Improvements	47,898
Total	52,677
(b) Accumulated Depreciation 12/31/2022	4,588
3700 Sandshell Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,892
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,867
Land	1,901
Buildings and Improvements	9,858
Total	11,759
(b) Accumulated Depreciation 12/31/2022	1,442
1901 Midway Road
Real Estate and Accumulated Depreciation [Line Items]
Land	7,519
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	24,451
Land	7,514
Buildings and Improvements	24,456
Total	31,970
(b) Accumulated Depreciation 12/31/2022	2,239
2051 Midway Road
Real Estate and Accumulated Depreciation [Line Items]
Land	1,353
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	14,118
Land	1,421
Buildings and Improvements	14,050
Total	15,471
(b) Accumulated Depreciation 12/31/2022	497
2075 Midway Road
Real Estate and Accumulated Depreciation [Line Items]
Land	2,785
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,129
Land	2,841
Buildings and Improvements	17,073
Total	19,914
(b) Accumulated Depreciation 12/31/2022	467
4785 Elati [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	173
Buildings and Improvements	981
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	417
Land	175
Buildings and Improvements	1,396
Total	1,571
(b) Accumulated Depreciation 12/31/2022	753
4770 Fox Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	132
Buildings and Improvements	750
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	325
Land	134
Buildings and Improvements	1,073
Total	1,207
(b) Accumulated Depreciation 12/31/2022	614
3851-3871 Revere [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	361
Buildings and Improvements	2,047
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	345
Land	368
Buildings and Improvements	2,385
Total	2,753
(b) Accumulated Depreciation 12/31/2022	1,449
4570 Ivy Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	219
Buildings and Improvements	1,239
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	244
Land	221
Buildings and Improvements	1,481
Total	1,702
(b) Accumulated Depreciation 12/31/2022	883
5855 Stapleton Drive North [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	288
Buildings and Improvements	1,630
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	243
Land	291
Buildings and Improvements	1,870
Total	2,161
(b) Accumulated Depreciation 12/31/2022	1,120
5885 Stapleton Drive North [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	376
Buildings and Improvements	2,129
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	356
Land	381
Buildings and Improvements	2,480
Total	2,861
(b) Accumulated Depreciation 12/31/2022	1,497
5977 North Broadway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	268
Buildings and Improvements	1,518
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	728
Land	271
Buildings and Improvements	2,243
Total	2,514
(b) Accumulated Depreciation 12/31/2022	1,181
5952-5978 North Broadway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	414
Buildings and Improvements	2,346
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	799
Land	422
Buildings and Improvements	3,137
Total	3,559
(b) Accumulated Depreciation 12/31/2022	1,917
4721 Ironton Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	232
Buildings and Improvements	1,313
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	972
Land	236
Buildings and Improvements	2,281
Total	2,517
(b) Accumulated Depreciation 12/31/2022	1,242
7003 E 47th Ave Drive [Member ]
Real Estate and Accumulated Depreciation [Line Items]
Land	441
Buildings and Improvements	2,689
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4
Land	441
Buildings and Improvements	2,693
Total	3,134
(b) Accumulated Depreciation 12/31/2022	1,700
9500 West 49th Street - A [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	283
Buildings and Improvements	1,625
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	218
Land	287
Buildings and Improvements	1,839
Total	2,126
(b) Accumulated Depreciation 12/31/2022	1,119
9500 West 49th Street - B [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	225
Buildings and Improvements	1,272
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	236
Land	227
Buildings and Improvements	1,506
Total	1,733
(b) Accumulated Depreciation 12/31/2022	925
9500 West 49th Street - C [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	600
Buildings and Improvements	3,409
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	252
Land	601
Buildings and Improvements	3,660
Total	4,261
(b) Accumulated Depreciation 12/31/2022	2,246
9500 West 49th Street - D [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	246
Buildings and Improvements	1,537
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	146
Land	247
Buildings and Improvements	1,682
Total	1,929
(b) Accumulated Depreciation 12/31/2022	988
451-591 East 124th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	383
Buildings and Improvements	2,145
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	807
Land	383
Buildings and Improvements	2,952
Total	3,335
(b) Accumulated Depreciation 12/31/2022	1,547
11701 East 53rd Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	416
Buildings and Improvements	2,355
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	291
Land	422
Buildings and Improvements	2,640
Total	3,062
(b) Accumulated Depreciation 12/31/2022	1,621
5401 Oswego [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	273
Buildings and Improvements	1,547
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	225
Land	278
Buildings and Improvements	1,767
Total	2,045
(b) Accumulated Depreciation 12/31/2022	1,095
445 Bryant Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,829
Buildings and Improvements	10,219
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,132
Land	1,829
Buildings and Improvements	13,351
Total	15,180
(b) Accumulated Depreciation 12/31/2022	7,539
12055 E 49th Ave/4955 Peoria [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	298
Buildings and Improvements	1,688
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	614
Land	305
Buildings and Improvements	2,295
Total	2,600
(b) Accumulated Depreciation 12/31/2022	1,315
4940 - 4950 Paris [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	152
Buildings and Improvements	861
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	273
Land	156
Buildings and Improvements	1,130
Total	1,286
(b) Accumulated Depreciation 12/31/2022	665
7367 South Revere Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	926
Buildings and Improvements	5,124
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,647
Land	934
Buildings and Improvements	6,763
Total	7,697
(b) Accumulated Depreciation 12/31/2022	3,819
8020 Southpark Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	739
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,227
Land	781
Buildings and Improvements	3,185
Total	3,966
(b) Accumulated Depreciation 12/31/2022	1,625
8810 W. 116th Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	312
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,640
Land	370
Buildings and Improvements	1,582
Total	1,952
(b) Accumulated Depreciation 12/31/2022	810
8820 W. 116th Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	338
Buildings and Improvements	1,918
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	313
Land	372
Buildings and Improvements	2,197
Total	2,569
(b) Accumulated Depreciation 12/31/2022	1,114
8835 W. 116th Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,151
Buildings and Improvements	6,523
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,706
Land	1,304
Buildings and Improvements	8,076
Total	9,380
(b) Accumulated Depreciation 12/31/2022	3,831
18150 E. 32nd Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	563
Buildings and Improvements	3,188
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	234
Land	572
Buildings and Improvements	3,413
Total	3,985
(b) Accumulated Depreciation 12/31/2022	1,740
3400 Fraser Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	616
Buildings and Improvements	3,593
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	402
Land	620
Buildings and Improvements	3,991
Total	4,611
(b) Accumulated Depreciation 12/31/2022	1,860
7005 E. 46th Avenue Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	512
Buildings and Improvements	2,025
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	211
Land	517
Buildings and Improvements	2,231
Total	2,748
(b) Accumulated Depreciation 12/31/2022	1,265
4001 Salazar Way [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,271
Buildings and Improvements	6,508
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(519)
Land	1,276
Buildings and Improvements	5,984
Total	7,260
(b) Accumulated Depreciation 12/31/2022	2,637
5909-5915 N. Broadway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	495
Buildings and Improvements	1,268
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	632
Land	500
Buildings and Improvements	1,895
Total	2,395
(b) Accumulated Depreciation 12/31/2022	1,207
1815-1957 South 4650 West [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,707
Buildings and Improvements	10,873
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(424)
Land	1,713
Buildings and Improvements	10,443
Total	12,156
(b) Accumulated Depreciation 12/31/2022	4,865
21301 E. 33rd Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,860
Buildings and Improvements	8,202
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	748
Land	2,859
Buildings and Improvements	8,951
Total	11,810
(b) Accumulated Depreciation 12/31/2022	2,573
21110 E 31st Circle [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,564
Buildings and Improvements	7,047
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6
Land	1,564
Buildings and Improvements	7,053
Total	8,617
(b) Accumulated Depreciation 12/31/2022	759
22300 E 26th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,881
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	39,415
Land	4,890
Buildings and Improvements	39,406
Total	44,296
(b) Accumulated Depreciation 12/31/2022	5,754
3350 Odessa Way
Real Estate and Accumulated Depreciation [Line Items]
Land	1,596
Buildings and Improvements	4,531
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	230
Land	1,596
Buildings and Improvements	4,761
Total	6,357
(b) Accumulated Depreciation 12/31/2022	234
22600 E. 26th Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	1,501
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	42,892
Land	1,483
Buildings and Improvements	42,910
Total	44,393
(b) Accumulated Depreciation 12/31/2022	358
8000 E. 96th Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	7,086
Buildings and Improvements	403
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	19,839
Land	7,086
Buildings and Improvements	20,242
Total	27,328
(b) Accumulated Depreciation 12/31/2022	0
1624 Meijer Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	236
Buildings and Improvements	1,406
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	898
Land	373
Buildings and Improvements	2,167
Total	2,540
(b) Accumulated Depreciation 12/31/2022	2,083
1972 Meijer Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	315
Buildings and Improvements	1,301
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	787
Land	372
Buildings and Improvements	2,031
Total	2,403
(b) Accumulated Depreciation 12/31/2022	1,929
1826 Northwood Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	55
Buildings and Improvements	208
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	472
Land	103
Buildings and Improvements	632
Total	735
(b) Accumulated Depreciation 12/31/2022	574
1864 Northwood Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	57
Buildings and Improvements	190
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	489
Land	107
Buildings and Improvements	629
Total	736
(b) Accumulated Depreciation 12/31/2022	586
2791 Research Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	557
Buildings and Improvements	2,731
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	732
Land	560
Buildings and Improvements	3,460
Total	4,020
(b) Accumulated Depreciation 12/31/2022	3,281
2870 Technology Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	275
Buildings and Improvements	1,262
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	369
Land	279
Buildings and Improvements	1,627
Total	1,906
(b) Accumulated Depreciation 12/31/2022	1,569
2900 Technology Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	214
Buildings and Improvements	977
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	723
Land	219
Buildings and Improvements	1,695
Total	1,914
(b) Accumulated Depreciation 12/31/2022	1,416
2930 Technology Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	131
Buildings and Improvements	594
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	459
Land	138
Buildings and Improvements	1,046
Total	1,184
(b) Accumulated Depreciation 12/31/2022	925
2950 Technology Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	178
Buildings and Improvements	819
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	305
Land	185
Buildings and Improvements	1,117
Total	1,302
(b) Accumulated Depreciation 12/31/2022	1,062
23014 Commerce Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	39
Buildings and Improvements	203
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	189
Land	56
Buildings and Improvements	375
Total	431
(b) Accumulated Depreciation 12/31/2022	359
23093 Commerce Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	211
Buildings and Improvements	1,024
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,005
Land	295
Buildings and Improvements	1,945
Total	2,240
(b) Accumulated Depreciation 12/31/2022	1,748
32975 Capitol Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	135
Buildings and Improvements	748
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(26)
Land	77
Buildings and Improvements	780
Total	857
(b) Accumulated Depreciation 12/31/2022	449
47711 Clipper Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	539
Buildings and Improvements	2,983
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	499
Land	575
Buildings and Improvements	3,446
Total	4,021
(b) Accumulated Depreciation 12/31/2022	2,091
12874 Westmore Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	137
Buildings and Improvements	761
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(252)
Land	58
Buildings and Improvements	588
Total	646
(b) Accumulated Depreciation 12/31/2022	399
980 Chicago [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	206
Buildings and Improvements	1,141
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	352
Land	220
Buildings and Improvements	1,479
Total	1,699
(b) Accumulated Depreciation 12/31/2022	877
1935-55 Enterprise Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,285
Buildings and Improvements	7,144
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,085
Land	1,371
Buildings and Improvements	8,143
Total	9,514
(b) Accumulated Depreciation 12/31/2022	4,893
5500 Enterprise Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	675
Buildings and Improvements	3,737
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,143
Land	721
Buildings and Improvements	4,834
Total	5,555
(b) Accumulated Depreciation 12/31/2022	2,752
4872 S. Lapeer Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,342
Buildings and Improvements	5,441
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	838
Land	1,412
Buildings and Improvements	6,209
Total	7,621
(b) Accumulated Depreciation 12/31/2022	3,441
28435 Automation Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	621
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,938
Land	628
Buildings and Improvements	3,931
Total	4,559
(b) Accumulated Depreciation 12/31/2022	1,593
32200 N Avis Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	503
Buildings and Improvements	3,367
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(921)
Land	195
Buildings and Improvements	2,754
Total	2,949
(b) Accumulated Depreciation 12/31/2022	1,331
100 Kay Industrial Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	677
Buildings and Improvements	2,018
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	272
Land	685
Buildings and Improvements	2,282
Total	2,967
(b) Accumulated Depreciation 12/31/2022	1,695
42555 Merrill Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,080
Buildings and Improvements	2,300
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,636
Land	1,090
Buildings and Improvements	5,926
Total	7,016
(b) Accumulated Depreciation 12/31/2022	3,551
3351 Rauch St [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	272
Buildings and Improvements	1,541
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	610
Land	278
Buildings and Improvements	2,145
Total	2,423
(b) Accumulated Depreciation 12/31/2022	1,216
3801-3851 Yale St [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	413
Buildings and Improvements	2,343
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,400
Land	425
Buildings and Improvements	3,731
Total	4,156
(b) Accumulated Depreciation 12/31/2022	2,069
3337-3347 Rauch Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	227
Buildings and Improvements	1,287
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	654
Land	233
Buildings and Improvements	1,935
Total	2,168
(b) Accumulated Depreciation 12/31/2022	1,065
8505 N Loop East [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	439
Buildings and Improvements	2,489
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	996
Land	449
Buildings and Improvements	3,475
Total	3,924
(b) Accumulated Depreciation 12/31/2022	1,946
4749-4799 Eastpark Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	594
Buildings and Improvements	3,368
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,541
Land	611
Buildings and Improvements	4,892
Total	5,503
(b) Accumulated Depreciation 12/31/2022	2,708
4851 Homestead Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	491
Buildings and Improvements	2,782
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,362
Land	504
Buildings and Improvements	5,131
Total	5,635
(b) Accumulated Depreciation 12/31/2022	2,719
3365-3385 Rauch Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	284
Buildings and Improvements	1,611
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	770
Land	290
Buildings and Improvements	2,375
Total	2,665
(b) Accumulated Depreciation 12/31/2022	1,236
5050 Campbell Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	461
Buildings and Improvements	2,610
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,011
Land	470
Buildings and Improvements	3,612
Total	4,082
(b) Accumulated Depreciation 12/31/2022	2,152
4300 Pine Timbers [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	489
Buildings and Improvements	2,769
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,478
Land	499
Buildings and Improvements	4,237
Total	4,736
(b) Accumulated Depreciation 12/31/2022	2,216
2500-2530 Fairway Park Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	766
Buildings and Improvements	4,342
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,591
Land	792
Buildings and Improvements	6,907
Total	7,699
(b) Accumulated Depreciation 12/31/2022	3,499
6550 Long Point Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	362
Buildings and Improvements	2,050
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	944
Land	370
Buildings and Improvements	2,986
Total	3,356
(b) Accumulated Depreciation 12/31/2022	1,767
1815 Turning Basin Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	487
Buildings and Improvements	2,761
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,587
Land	531
Buildings and Improvements	5,304
Total	5,835
(b) Accumulated Depreciation 12/31/2022	2,672
1819 Turning Basin Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	231
Buildings and Improvements	1,308
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,687
Land	251
Buildings and Improvements	2,975
Total	3,226
(b) Accumulated Depreciation 12/31/2022	1,309
1805 Turning Basin Dr [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	564
Buildings and Improvements	3,197
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,284
Land	616
Buildings and Improvements	5,429
Total	6,045
(b) Accumulated Depreciation 12/31/2022	3,060
11505 State Highway 225 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	940
Buildings and Improvements	4,675
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(69)
Land	940
Buildings and Improvements	4,606
Total	5,546
(b) Accumulated Depreciation 12/31/2022	2,132
1500 E. Main Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	201
Buildings and Improvements	1,328
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(91)
Land	204
Buildings and Improvements	1,234
Total	1,438
(b) Accumulated Depreciation 12/31/2022	1,222
7230-7238 Wynnwood [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	254
Buildings and Improvements	764
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	238
Land	259
Buildings and Improvements	997
Total	1,256
(b) Accumulated Depreciation 12/31/2022	795
7240-7248 Wynnwood [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	271
Buildings and Improvements	726
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	299
Land	276
Buildings and Improvements	1,020
Total	1,296
(b) Accumulated Depreciation 12/31/2022	766
7250-7260 Wynnwood [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	200
Buildings and Improvements	481
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,501
Land	203
Buildings and Improvements	1,979
Total	2,182
(b) Accumulated Depreciation 12/31/2022	1,334
6400 Long Point [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	188
Buildings and Improvements	898
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	138
Land	188
Buildings and Improvements	1,036
Total	1,224
(b) Accumulated Depreciation 12/31/2022	687
4526 N Sam Houston Parkway
Real Estate and Accumulated Depreciation [Line Items]
Land	5,307
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	79
Land	5,386
Buildings and Improvements	0
Total	5,386
(b) Accumulated Depreciation 12/31/2022	0
7967 Blankenship [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	307
Buildings and Improvements	1,166
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	220
Land	307
Buildings and Improvements	1,386
Total	1,693
(b) Accumulated Depreciation 12/31/2022	788
4800 West Greens Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,350
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,085
Land	3,312
Buildings and Improvements	17,123
Total	20,435
(b) Accumulated Depreciation 12/31/2022	5,702
611 East Sam Houston Parkway S [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,970
Buildings and Improvements	7,431
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,377
Land	2,013
Buildings and Improvements	8,765
Total	10,778
(b) Accumulated Depreciation 12/31/2022	2,223
619 East Sam Houston Parkway S [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,879
Buildings and Improvements	11,713
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	148
Land	2,876
Buildings and Improvements	11,864
Total	14,740
(b) Accumulated Depreciation 12/31/2022	2,336
6913 Guhn Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,367
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,375
Land	1,367
Buildings and Improvements	7,375
Total	8,742
(b) Accumulated Depreciation 12/31/2022	1,052
607 East Sam Houston Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,076
Buildings and Improvements	11,674
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	372
Land	2,076
Buildings and Improvements	12,046
Total	14,122
(b) Accumulated Depreciation 12/31/2022	1,396
615 East Sam Houston Parkway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,265
Buildings and Improvements	11,983
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(129)
Land	4,265
Buildings and Improvements	11,854
Total	16,119
(b) Accumulated Depreciation 12/31/2022	1,695
2737 W Grand Parkway N [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,885
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,932
Land	2,885
Buildings and Improvements	10,932
Total	13,817
(b) Accumulated Depreciation 12/31/2022	833
2747 W Grand Parkway N [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,885
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	13,325
Land	2,885
Buildings and Improvements	13,325
Total	16,210
(b) Accumulated Depreciation 12/31/2022	1,164
4700 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	908
Buildings and Improvements	1,883
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	303
Land	912
Buildings and Improvements	2,182
Total	3,094
(b) Accumulated Depreciation 12/31/2022	1,186
4710 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	830
Buildings and Improvements	2,722
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	315
Land	834
Buildings and Improvements	3,033
Total	3,867
(b) Accumulated Depreciation 12/31/2022	1,262
4720 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	937
Buildings and Improvements	2,455
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	552
Land	942
Buildings and Improvements	3,002
Total	3,944
(b) Accumulated Depreciation 12/31/2022	1,378
4740 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,107
Buildings and Improvements	3,111
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	342
Land	1,112
Buildings and Improvements	3,448
Total	4,560
(b) Accumulated Depreciation 12/31/2022	1,477
4750 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	947
Buildings and Improvements	3,079
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	924
Land	951
Buildings and Improvements	3,999
Total	4,950
(b) Accumulated Depreciation 12/31/2022	1,543
4800 NW 15th Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,092
Buildings and Improvements	3,308
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	123
Land	1,097
Buildings and Improvements	3,426
Total	4,523
(b) Accumulated Depreciation 12/31/2022	1,488
6891 NW 74th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	857
Buildings and Improvements	3,428
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4,146
Land	864
Buildings and Improvements	7,567
Total	8,431
(b) Accumulated Depreciation 12/31/2022	3,485
1351 NW 78th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,111
Buildings and Improvements	4,634
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	53
Land	3,111
Buildings and Improvements	4,687
Total	7,798
(b) Accumulated Depreciation 12/31/2022	1,317
2500 N.W. 19th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,213
Buildings and Improvements	11,117
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,982
Land	6,213
Buildings and Improvements	13,099
Total	19,312
(b) Accumulated Depreciation 12/31/2022	2,906
6301 Lyons Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,703
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,070
Land	5,714
Buildings and Improvements	10,059
Total	15,773
(b) Accumulated Depreciation 12/31/2022	791
1501 NW 64th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,615
Land	0
Buildings and Improvements	9,615
Total	9,615
(b) Accumulated Depreciation 12/31/2022	617
6499 NW 12th Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	14,568
Land	0
Buildings and Improvements	14,568
Total	14,568
(b) Accumulated Depreciation 12/31/2022	947
6320 NW 12th Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	0
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,743
Land	0
Buildings and Improvements	11,743
Total	11,743
(b) Accumulated Depreciation 12/31/2022	808
8801 NW 87th Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	15,052
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	24,154
Land	14,982
Buildings and Improvements	24,224
Total	39,206
(b) Accumulated Depreciation 12/31/2022	864
9001 NW 87th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	7,737
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	12,639
Land	7,682
Buildings and Improvements	12,694
Total	20,376
(b) Accumulated Depreciation 12/31/2022	445
8404 NW 90th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	11,606
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	18,010
Land	11,588
Buildings and Improvements	18,028
Total	29,616
(b) Accumulated Depreciation 12/31/2022	570
1200 NW 15th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	8,771
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,680
Land	8,788
Buildings and Improvements	10,663
Total	19,451
(b) Accumulated Depreciation 12/31/2022	352
5301 W. Copans Road Land
Real Estate and Accumulated Depreciation [Line Items]
Land	8,679
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	13,392
Land	8,697
Buildings and Improvements	13,374
Total	22,071
(b) Accumulated Depreciation 12/31/2022	52
1801 North Andrews
Real Estate and Accumulated Depreciation [Line Items]
Land	24,133
Buildings and Improvements	285
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6
Land	24,109
Buildings and Improvements	315
Total	24,424
(b) Accumulated Depreciation 12/31/2022	108
11601 NW 107th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	9,112
Buildings and Improvements	10,131
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	9,112
Buildings and Improvements	10,131
Total	19,243
(b) Accumulated Depreciation 12/31/2022	170
12155 Nicollet Ave. [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	286
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,951
Land	288
Buildings and Improvements	1,949
Total	2,237
(b) Accumulated Depreciation 12/31/2022	1,256
5775 12th Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	590
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,781
Land	590
Buildings and Improvements	5,781
Total	6,371
(b) Accumulated Depreciation 12/31/2022	2,610
1157 Valley Park Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	760
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,787
Land	888
Buildings and Improvements	7,659
Total	8,547
(b) Accumulated Depreciation 12/31/2022	3,999
1087 Park Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,195
Buildings and Improvements	4,891
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	643
Land	1,198
Buildings and Improvements	5,531
Total	6,729
(b) Accumulated Depreciation 12/31/2022	2,326
5391 12th Avenue SE [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,392
Buildings and Improvements	8,149
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,517
Land	1,395
Buildings and Improvements	9,663
Total	11,058
(b) Accumulated Depreciation 12/31/2022	3,791
4701 Valley Industrial Blvd S [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,296
Buildings and Improvements	7,157
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	452
Land	1,299
Buildings and Improvements	7,606
Total	8,905
(b) Accumulated Depreciation 12/31/2022	4,375
7035 Winnetka Avene North [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,275
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,411
Land	1,343
Buildings and Improvements	7,343
Total	8,686
(b) Accumulated Depreciation 12/31/2022	3,036
139 Eva Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,132
Buildings and Improvements	3,105
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(286)
Land	2,175
Buildings and Improvements	2,776
Total	4,951
(b) Accumulated Depreciation 12/31/2022	1,268
21900 Dodd Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,289
Buildings and Improvements	7,952
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,843
Land	2,289
Buildings and Improvements	10,795
Total	13,084
(b) Accumulated Depreciation 12/31/2022	2,134
375 Rivertown Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,635
Buildings and Improvements	8,157
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	369
Land	2,635
Buildings and Improvements	8,526
Total	11,161
(b) Accumulated Depreciation 12/31/2022	2,740
935 Aldrin Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,096
Buildings and Improvements	7,884
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	716
Land	2,096
Buildings and Improvements	8,600
Total	10,696
(b) Accumulated Depreciation 12/31/2022	2,341
7050 Winnetka Avenue North [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,623
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,619
Land	1,634
Buildings and Improvements	7,608
Total	9,242
(b) Accumulated Depreciation 12/31/2022	1,635
7051 West Broadway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,275
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,829
Land	1,279
Buildings and Improvements	5,825
Total	7,104
(b) Accumulated Depreciation 12/31/2022	1,174
1931 Air Lane Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	489
Buildings and Improvements	2,785
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	747
Land	493
Buildings and Improvements	3,528
Total	4,021
(b) Accumulated Depreciation 12/31/2022	2,026
4640 Cummings Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	360
Buildings and Improvements	2,040
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	664
Land	365
Buildings and Improvements	2,699
Total	3,064
(b) Accumulated Depreciation 12/31/2022	1,436
1740 River Hills Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	848
Buildings and Improvements	4,383
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,214
Land	888
Buildings and Improvements	6,557
Total	7,445
(b) Accumulated Depreciation 12/31/2022	3,679
211 Ellery Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	606
Buildings and Improvements	3,192
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	97
Land	616
Buildings and Improvements	3,279
Total	3,895
(b) Accumulated Depreciation 12/31/2022	1,433
130 Maddox Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,778
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	24,118
Land	1,778
Buildings and Improvements	24,118
Total	25,896
(b) Accumulated Depreciation 12/31/2022	8,529
1281 Couchville Pike
Real Estate and Accumulated Depreciation [Line Items]
Land	2,620
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	50,934
Land	1,295
Buildings and Improvements	52,259
Total	53,554
(b) Accumulated Depreciation 12/31/2022	769
400 Maddox Road
Real Estate and Accumulated Depreciation [Line Items]
Land	3,880
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	26,826
Land	810
Buildings and Improvements	29,896
Total	30,706
(b) Accumulated Depreciation 12/31/2022	251
14 World's Fair Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	483
Buildings and Improvements	2,735
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	903
Land	503
Buildings and Improvements	3,618
Total	4,121
(b) Accumulated Depreciation 12/31/2022	2,203
12 World's Fair Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	572
Buildings and Improvements	3,240
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	913
Land	593
Buildings and Improvements	4,132
Total	4,725
(b) Accumulated Depreciation 12/31/2022	2,467
22 World's Fair Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	364
Buildings and Improvements	2,064
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	596
Land	375
Buildings and Improvements	2,649
Total	3,024
(b) Accumulated Depreciation 12/31/2022	1,603
26 World's Fair Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	361
Buildings and Improvements	2,048
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	710
Land	377
Buildings and Improvements	2,742
Total	3,119
(b) Accumulated Depreciation 12/31/2022	1,591
24 World's Fair Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	347
Buildings and Improvements	1,968
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	498
Land	362
Buildings and Improvements	2,451
Total	2,813
(b) Accumulated Depreciation 12/31/2022	1,457
20 World's Fair Drive Lot 13 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	9
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,724
Land	691
Buildings and Improvements	2,042
Total	2,733
(b) Accumulated Depreciation 12/31/2022	1,063
45 Route 46 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	969
Buildings and Improvements	5,491
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,119
Land	978
Buildings and Improvements	6,601
Total	7,579
(b) Accumulated Depreciation 12/31/2022	3,586
43 Route 46 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	474
Buildings and Improvements	2,686
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	611
Land	479
Buildings and Improvements	3,292
Total	3,771
(b) Accumulated Depreciation 12/31/2022	1,729
39 Route 46 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	260
Buildings and Improvements	1,471
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	537
Land	262
Buildings and Improvements	2,006
Total	2,268
(b) Accumulated Depreciation 12/31/2022	938
26 Chapin Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	956
Buildings and Improvements	5,415
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	687
Land	965
Buildings and Improvements	6,093
Total	7,058
(b) Accumulated Depreciation 12/31/2022	3,276
30 Chapin Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	960
Buildings and Improvements	5,440
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	575
Land	970
Buildings and Improvements	6,005
Total	6,975
(b) Accumulated Depreciation 12/31/2022	3,249
20 Hook Mountain Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,507
Buildings and Improvements	8,542
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,197
Land	1,534
Buildings and Improvements	10,712
Total	12,246
(b) Accumulated Depreciation 12/31/2022	5,615
30 Hook Mountain Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	389
Buildings and Improvements	2,206
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	539
Land	396
Buildings and Improvements	2,738
Total	3,134
(b) Accumulated Depreciation 12/31/2022	1,438
16 Chapin Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	885
Buildings and Improvements	5,015
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	817
Land	901
Buildings and Improvements	5,816
Total	6,717
(b) Accumulated Depreciation 12/31/2022	3,021
20 Chapin Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,134
Buildings and Improvements	6,426
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	784
Land	1,154
Buildings and Improvements	7,190
Total	8,344
(b) Accumulated Depreciation 12/31/2022	3,837
2500 Main Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	944
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4,862
Land	944
Buildings and Improvements	4,862
Total	5,806
(b) Accumulated Depreciation 12/31/2022	2,248
2400 Main Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	996
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,790
Land	996
Buildings and Improvements	5,790
Total	6,786
(b) Accumulated Depreciation 12/31/2022	2,572
7851 Airport Highway [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	160
Buildings and Improvements	508
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	328
Land	162
Buildings and Improvements	834
Total	996
(b) Accumulated Depreciation 12/31/2022	548
309-313 Pierce Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,300
Buildings and Improvements	4,628
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	788
Land	1,309
Buildings and Improvements	5,407
Total	6,716
(b) Accumulated Depreciation 12/31/2022	2,729
400 Cedar Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	9,730
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	26,223
Land	9,730
Buildings and Improvements	26,223
Total	35,953
(b) Accumulated Depreciation 12/31/2022	4,644
301 Bordentown Hedding Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,983
Buildings and Improvements	15,881
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	32
Land	3,984
Buildings and Improvements	15,912
Total	19,896
(b) Accumulated Depreciation 12/31/2022	3,080
302 Bordentown Hedding Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,738
Buildings and Improvements	8,190
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	384
Land	2,738
Buildings and Improvements	8,574
Total	11,312
(b) Accumulated Depreciation 12/31/2022	1,559
304 Bordentown Hedding Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,684
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,954
Land	3,688
Buildings and Improvements	7,950
Total	11,638
(b) Accumulated Depreciation 12/31/2022	642
445 Rising Sun Road
Real Estate and Accumulated Depreciation [Line Items]
Land	8,578
Buildings and Improvements	760
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	20,755
Land	8,578
Buildings and Improvements	21,515
Total	30,093
(b) Accumulated Depreciation 12/31/2022	136
8649 Kiefer Boulevard
Real Estate and Accumulated Depreciation [Line Items]
Land	4,376
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	57
Land	4,433
Buildings and Improvements	0
Total	4,433
(b) Accumulated Depreciation 12/31/2022	0
18501 W Stanford Road
Real Estate and Accumulated Depreciation [Line Items]
Land	12,966
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	194
Land	13,160
Buildings and Improvements	0
Total	13,160
(b) Accumulated Depreciation 12/31/2022	0
27403 Industrial Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,440
Buildings and Improvements	1,848
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	577
Land	3,440
Buildings and Improvements	2,425
Total	5,865
(b) Accumulated Depreciation 12/31/2022	538
4160-4170 Business Center Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,897
Buildings and Improvements	4,206
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	878
Land	4,897
Buildings and Improvements	5,084
Total	9,981
(b) Accumulated Depreciation 12/31/2022	642
4200 Business Center Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,112
Buildings and Improvements	3,829
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	23
Land	5,158
Buildings and Improvements	3,806
Total	8,964
(b) Accumulated Depreciation 12/31/2022	466
22950 Clawiter Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,312
Buildings and Improvements	2,023
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,959
Land	3,312
Buildings and Improvements	3,982
Total	7,294
(b) Accumulated Depreciation 12/31/2022	175
42650 Osgood Road
Real Estate and Accumulated Depreciation [Line Items]
Land	4,183
Buildings and Improvements	3,930
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	104
Land	4,183
Buildings and Improvements	4,034
Total	8,217
(b) Accumulated Depreciation 12/31/2022	181
2085 Burroughs Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	5,764
Buildings and Improvements	7,263
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	880
Land	5,764
Buildings and Improvements	8,143
Total	13,907
(b) Accumulated Depreciation 12/31/2022	481
24200 Clawiter Road
Real Estate and Accumulated Depreciation [Line Items]
Land	11,446
Buildings and Improvements	3,707
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	36
Land	11,449
Buildings and Improvements	3,740
Total	15,189
(b) Accumulated Depreciation 12/31/2022	231
14951 Catalina Street
Real Estate and Accumulated Depreciation [Line Items]
Land	4,690
Buildings and Improvements	3,527
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	22
Land	4,683
Buildings and Improvements	3,556
Total	8,239
(b) Accumulated Depreciation 12/31/2022	86
6301 Hazeltine National Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	909
Buildings and Improvements	4,613
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	542
Land	920
Buildings and Improvements	5,144
Total	6,064
(b) Accumulated Depreciation 12/31/2022	2,607
6005 24th Street East
Real Estate and Accumulated Depreciation [Line Items]
Land	6,377
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	57
Land	6,434
Buildings and Improvements	0
Total	6,434
(b) Accumulated Depreciation 12/31/2022	0
8751 Skinner Court [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,691
Buildings and Improvements	7,249
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	20
Land	1,692
Buildings and Improvements	7,268
Total	8,960
(b) Accumulated Depreciation 12/31/2022	1,631
4473 Shader Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,094
Buildings and Improvements	10,444
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	63
Land	2,094
Buildings and Improvements	10,507
Total	12,601
(b) Accumulated Depreciation 12/31/2022	2,273
550 Gills Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,321
Buildings and Improvements	6,176
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	19
Land	1,321
Buildings and Improvements	6,195
Total	7,516
(b) Accumulated Depreciation 12/31/2022	1,098
450 Gills Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,031
Buildings and Improvements	6,406
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(23)
Land	1,031
Buildings and Improvements	6,383
Total	7,414
(b) Accumulated Depreciation 12/31/2022	896
4401 Shader Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,037
Buildings and Improvements	7,116
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4
Land	1,037
Buildings and Improvements	7,120
Total	8,157
(b) Accumulated Depreciation 12/31/2022	914
770 Gills Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	851
Buildings and Improvements	5,195
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(36)
Land	851
Buildings and Improvements	5,159
Total	6,010
(b) Accumulated Depreciation 12/31/2022	474
2234 West Taft Vineland Road
Real Estate and Accumulated Depreciation [Line Items]
Land	1,748
Buildings and Improvements	9,635
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	380
Land	1,750
Buildings and Improvements	10,013
Total	11,763
(b) Accumulated Depreciation 12/31/2022	563
1045 South Edward Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	390
Buildings and Improvements	2,160
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	879
Land	396
Buildings and Improvements	3,033
Total	3,429
(b) Accumulated Depreciation 12/31/2022	1,472
50 South 56th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,206
Buildings and Improvements	3,218
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	642
Land	1,252
Buildings and Improvements	3,814
Total	5,066
(b) Accumulated Depreciation 12/31/2022	1,694
245 W. Lodge [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	898
Buildings and Improvements	3,066
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(2,160)
Land	362
Buildings and Improvements	1,442
Total	1,804
(b) Accumulated Depreciation 12/31/2022	672
1590 E Riverview Dr. [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,293
Buildings and Improvements	5,950
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	123
Land	1,292
Buildings and Improvements	6,074
Total	7,366
(b) Accumulated Depreciation 12/31/2022	2,084
14131 N. Rio Vista Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,563
Buildings and Improvements	9,388
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(344)
Land	2,563
Buildings and Improvements	9,044
Total	11,607
(b) Accumulated Depreciation 12/31/2022	3,198
8716 W. Ludlow Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,709
Buildings and Improvements	10,970
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	343
Land	2,709
Buildings and Improvements	11,313
Total	14,022
(b) Accumulated Depreciation 12/31/2022	4,127
3815 W. Washington St. [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,675
Buildings and Improvements	4,514
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(244)
Land	1,719
Buildings and Improvements	4,226
Total	5,945
(b) Accumulated Depreciation 12/31/2022	1,488
9180 W. Buckeye Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,904
Buildings and Improvements	6,805
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,984
Land	1,923
Buildings and Improvements	9,770
Total	11,693
(b) Accumulated Depreciation 12/31/2022	3,616
8644 West Ludlow Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,726
Buildings and Improvements	7,216
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	1,726
Buildings and Improvements	7,216
Total	8,942
(b) Accumulated Depreciation 12/31/2022	2,101
8606 West Ludlow Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	956
Buildings and Improvements	2,668
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	123
Land	956
Buildings and Improvements	2,791
Total	3,747
(b) Accumulated Depreciation 12/31/2022	856
8679 West Ludlow Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	672
Buildings and Improvements	2,791
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	672
Buildings and Improvements	2,791
Total	3,463
(b) Accumulated Depreciation 12/31/2022	830
94th Avenue and Buckeye Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,315
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	16,254
Land	4,315
Buildings and Improvements	16,254
Total	20,569
(b) Accumulated Depreciation 12/31/2022	3,001
16560 West Sells Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,259
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	31,413
Land	6,271
Buildings and Improvements	31,401
Total	37,672
(b) Accumulated Depreciation 12/31/2022	6,267
16951 W Camelback Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,805
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,374
Land	1,805
Buildings and Improvements	5,374
Total	7,179
(b) Accumulated Depreciation 12/31/2022	434
3600 North Cotton Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,660
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	43,128
Land	5,659
Buildings and Improvements	43,129
Total	48,788
(b) Accumulated Depreciation 12/31/2022	3,968
3350 North Cotton Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,373
Buildings and Improvements	31,198
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,816
Land	6,373
Buildings and Improvements	34,014
Total	40,387
(b) Accumulated Depreciation 12/31/2022	2,862
4580 N. Pebble Creek Parkway
Real Estate and Accumulated Depreciation [Line Items]
Land	8,714
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	59,670
Land	8,777
Buildings and Improvements	59,607
Total	68,384
(b) Accumulated Depreciation 12/31/2022	2,119
1901 Raymond Ave SW [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,458
Buildings and Improvements	2,659
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	872
Land	4,594
Buildings and Improvements	3,395
Total	7,989
(b) Accumulated Depreciation 12/31/2022	1,476
19014 64th Avenue South [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,990
Buildings and Improvements	3,979
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,050
Land	2,042
Buildings and Improvements	4,977
Total	7,019
(b) Accumulated Depreciation 12/31/2022	2,744
18640 68th Avenue South [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,218
Buildings and Improvements	1,950
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	260
Land	1,258
Buildings and Improvements	2,170
Total	3,428
(b) Accumulated Depreciation 12/31/2022	1,286
621 37th Street NW
Real Estate and Accumulated Depreciation [Line Items]
Land	6,403
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	104
Land	6,507
Buildings and Improvements	0
Total	6,507
(b) Accumulated Depreciation 12/31/2022	0
6407 S 210th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,737
Buildings and Improvements	3,508
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(92)
Land	1,737
Buildings and Improvements	3,416
Total	5,153
(b) Accumulated Depreciation 12/31/2022	534
1402 Puyallup Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,766
Buildings and Improvements	4,457
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	443
Land	3,766
Buildings and Improvements	4,900
Total	8,666
(b) Accumulated Depreciation 12/31/2022	566
22718 58th Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,446
Buildings and Improvements	2,388
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	159
Land	1,447
Buildings and Improvements	2,546
Total	3,993
(b) Accumulated Depreciation 12/31/2022	454
14302 24th Street East Lot 1 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,643
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,989
Land	2,643
Buildings and Improvements	9,989
Total	12,632
(b) Accumulated Depreciation 12/31/2022	1,528
1508 Valentine Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	18,790
Buildings and Improvements	3,051
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	18,786
Buildings and Improvements	3,055
Total	21,841
(b) Accumulated Depreciation 12/31/2022	103
10920 Steele Street
Real Estate and Accumulated Depreciation [Line Items]
Land	6,706
Buildings and Improvements	16
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,080
Land	6,706
Buildings and Improvements	17,096
Total	23,802
(b) Accumulated Depreciation 12/31/2022	135
20320 80th Avenue South
Real Estate and Accumulated Depreciation [Line Items]
Land	4,136
Buildings and Improvements	1,072
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	15
Land	4,136
Buildings and Improvements	1,087
Total	5,223
(b) Accumulated Depreciation 12/31/2022	29
1944 Vista Bella Way [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,746
Buildings and Improvements	3,148
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	865
Land	1,822
Buildings and Improvements	3,937
Total	5,759
(b) Accumulated Depreciation 12/31/2022	2,406
2000 Vista Bella Way [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	817
Buildings and Improvements	1,673
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	450
Land	853
Buildings and Improvements	2,087
Total	2,940
(b) Accumulated Depreciation 12/31/2022	1,289
2835 East Ana Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,682
Buildings and Improvements	2,750
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	791
Land	1,772
Buildings and Improvements	3,451
Total	5,223
(b) Accumulated Depreciation 12/31/2022	1,975
665 N. Baldwin Park Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,124
Buildings and Improvements	5,219
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,556
Land	2,143
Buildings and Improvements	8,756
Total	10,899
(b) Accumulated Depreciation 12/31/2022	3,774
27801 Avenue Scott [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,890
Buildings and Improvements	7,020
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,147
Land	2,902
Buildings and Improvements	8,155
Total	11,057
(b) Accumulated Depreciation 12/31/2022	3,981
2610 & 2660 Columbia [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,008
Buildings and Improvements	5,826
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,082
Land	3,031
Buildings and Improvements	7,885
Total	10,916
(b) Accumulated Depreciation 12/31/2022	3,765
433 Alaska Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	681
Buildings and Improvements	168
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	995
Land	684
Buildings and Improvements	1,160
Total	1,844
(b) Accumulated Depreciation 12/31/2022	296
2325 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,441
Buildings and Improvements	1,239
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	574
Land	1,446
Buildings and Improvements	1,808
Total	3,254
(b) Accumulated Depreciation 12/31/2022	890
2335 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	817
Buildings and Improvements	762
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	136
Land	821
Buildings and Improvements	894
Total	1,715
(b) Accumulated Depreciation 12/31/2022	497
2345 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	562
Buildings and Improvements	456
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	42
Land	565
Buildings and Improvements	495
Total	1,060
(b) Accumulated Depreciation 12/31/2022	295
2355 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	481
Buildings and Improvements	365
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	216
Land	483
Buildings and Improvements	579
Total	1,062
(b) Accumulated Depreciation 12/31/2022	283
2365 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,098
Buildings and Improvements	630
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	147
Land	1,102
Buildings and Improvements	773
Total	1,875
(b) Accumulated Depreciation 12/31/2022	389
2375 Camino Vida Roble [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,210
Buildings and Improvements	874
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	176
Land	1,214
Buildings and Improvements	1,046
Total	2,260
(b) Accumulated Depreciation 12/31/2022	641
6451 El Camino Real [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,885
Buildings and Improvements	1,931
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,097
Land	2,895
Buildings and Improvements	3,018
Total	5,913
(b) Accumulated Depreciation 12/31/2022	1,631
13100 Gregg Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,040
Buildings and Improvements	4,160
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	626
Land	1,073
Buildings and Improvements	4,753
Total	5,826
(b) Accumulated Depreciation 12/31/2022	2,791
21730-21748 Marilla St. [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,585
Buildings and Improvements	3,210
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	300
Land	2,608
Buildings and Improvements	3,487
Total	6,095
(b) Accumulated Depreciation 12/31/2022	1,856
8015 Paramount [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,616
Buildings and Improvements	3,902
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(510)
Land	3,657
Buildings and Improvements	3,351
Total	7,008
(b) Accumulated Depreciation 12/31/2022	1,935
3365 E. Slauson [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,367
Buildings and Improvements	3,243
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(559)
Land	2,396
Buildings and Improvements	2,655
Total	5,051
(b) Accumulated Depreciation 12/31/2022	1,533
3015 East Ana [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	19,678
Buildings and Improvements	9,321
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,588
Land	20,144
Buildings and Improvements	26,443
Total	46,587
(b) Accumulated Depreciation 12/31/2022	8,347
1250 Rancho Conejo Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,435
Buildings and Improvements	779
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	103
Land	1,441
Buildings and Improvements	876
Total	2,317
(b) Accumulated Depreciation 12/31/2022	522
1260 Rancho Conejo Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,353
Buildings and Improvements	722
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(599)
Land	675
Buildings and Improvements	801
Total	1,476
(b) Accumulated Depreciation 12/31/2022	338
1270 Rancho Conejo Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,224
Buildings and Improvements	716
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(2)
Land	1,229
Buildings and Improvements	709
Total	1,938
(b) Accumulated Depreciation 12/31/2022	444
100 West Sinclair Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,894
Buildings and Improvements	3,481
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(5,060)
Land	1,819
Buildings and Improvements	1,496
Total	3,315
(b) Accumulated Depreciation 12/31/2022	807
777 190th Street
Real Estate and Accumulated Depreciation [Line Items]
Land	13,533
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4,327
Land	13,534
Buildings and Improvements	4,326
Total	17,860
(b) Accumulated Depreciation 12/31/2022	1,529
14050 Day Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,538
Buildings and Improvements	2,538
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	258
Land	2,565
Buildings and Improvements	2,769
Total	5,334
(b) Accumulated Depreciation 12/31/2022	1,422
12925 Marlay Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,072
Buildings and Improvements	7,891
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(44)
Land	6,090
Buildings and Improvements	7,829
Total	13,919
(b) Accumulated Depreciation 12/31/2022	5,555
18201-18291 Santa Fe [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,720
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,812
Land	6,897
Buildings and Improvements	8,635
Total	15,532
(b) Accumulated Depreciation 12/31/2022	3,252
1011 Rancho Conejo [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	7,717
Buildings and Improvements	2,518
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(201)
Land	7,752
Buildings and Improvements	2,282
Total	10,034
(b) Accumulated Depreciation 12/31/2022	1,558
20700 Denker Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,767
Buildings and Improvements	2,538
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,049
Land	5,964
Buildings and Improvements	3,389
Total	9,353
(b) Accumulated Depreciation 12/31/2022	2,029
18408 Laurel Park Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,850
Buildings and Improvements	2,850
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	907
Land	2,874
Buildings and Improvements	3,733
Total	6,607
(b) Accumulated Depreciation 12/31/2022	2,044
2175 Cactus Road East
Real Estate and Accumulated Depreciation [Line Items]
Land	5,958
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,720
Land	6,025
Buildings and Improvements	8,653
Total	14,678
(b) Accumulated Depreciation 12/31/2022	2,690
2175 Cactus Road West
Real Estate and Accumulated Depreciation [Line Items]
Land	10,373
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	153
Land	10,526
Buildings and Improvements	0
Total	10,526
(b) Accumulated Depreciation 12/31/2022	0
19021 S. Reyes Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	8,183
Buildings and Improvements	7,501
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	589
Land	8,545
Buildings and Improvements	7,728
Total	16,273
(b) Accumulated Depreciation 12/31/2022	2,558
24870 Nandina Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	13,543
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	21,280
Land	6,482
Buildings and Improvements	28,340
Total	34,822
(b) Accumulated Depreciation 12/31/2022	7,992
6185 Kimball Ave [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,385
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,083
Land	6,382
Buildings and Improvements	11,087
Total	17,469
(b) Accumulated Depreciation 12/31/2022	2,659
5553 Bandini Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	32,536
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	21,503
Land	32,540
Buildings and Improvements	21,499
Total	54,039
(b) Accumulated Depreciation 12/31/2022	4,965
16875 Heacock Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	0
Buildings and Improvements	6,831
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	132
Land	0
Buildings and Improvements	6,963
Total	6,963
(b) Accumulated Depreciation 12/31/2022	1,703
4710 Guasti Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,846
Buildings and Improvements	6,564
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(128)
Land	2,846
Buildings and Improvements	6,436
Total	9,282
(b) Accumulated Depreciation 12/31/2022	1,667
17100 Perris Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,388
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	25,801
Land	6,395
Buildings and Improvements	25,794
Total	32,189
(b) Accumulated Depreciation 12/31/2022	6,740
13414 South Figueroa [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,701
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,618
Land	1,887
Buildings and Improvements	6,432
Total	8,319
(b) Accumulated Depreciation 12/31/2022	1,375
3841 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,400
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,076
Land	4,400
Buildings and Improvements	8,076
Total	12,476
(b) Accumulated Depreciation 12/31/2022	2,346
3831 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,693
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4,589
Land	2,694
Buildings and Improvements	4,588
Total	7,282
(b) Accumulated Depreciation 12/31/2022	1,295
3821 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,792
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,881
Land	2,792
Buildings and Improvements	3,881
Total	6,673
(b) Accumulated Depreciation 12/31/2022	691
145 West 134th Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,901
Buildings and Improvements	2,285
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	149
Land	2,901
Buildings and Improvements	2,434
Total	5,335
(b) Accumulated Depreciation 12/31/2022	695
6150 Sycamore Canyon Blvd [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,182
Buildings and Improvements	10,643
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(168)
Land	3,182
Buildings and Improvements	10,475
Total	13,657
(b) Accumulated Depreciation 12/31/2022	2,416
17825 Indian Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,034
Buildings and Improvements	22,095
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(377)
Land	5,034
Buildings and Improvements	21,718
Total	26,752
(b) Accumulated Depreciation 12/31/2022	4,854
24901 San Michele Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,274
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,273
Land	1,274
Buildings and Improvements	11,273
Total	12,547
(b) Accumulated Depreciation 12/31/2022	1,871
1445 Engineer Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,816
Buildings and Improvements	4,417
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,984
Land	6,816
Buildings and Improvements	6,401
Total	13,217
(b) Accumulated Depreciation 12/31/2022	1,666
19067 Reyes Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	9,281
Buildings and Improvements	3,920
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3,550
Land	9,381
Buildings and Improvements	7,370
Total	16,751
(b) Accumulated Depreciation 12/31/2022	1,157
10586 Tamarind Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,275
Buildings and Improvements	8,275
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	140
Land	4,275
Buildings and Improvements	8,415
Total	12,690
(b) Accumulated Depreciation 12/31/2022	1,501
2777 Loker Avenue West [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	7,599
Buildings and Improvements	13,267
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	594
Land	7,599
Buildings and Improvements	13,861
Total	21,460
(b) Accumulated Depreciation 12/31/2022	2,688
7105 Old 215 Frontage Road [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	4,900
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	12,731
Land	4,900
Buildings and Improvements	12,731
Total	17,631
(b) Accumulated Depreciation 12/31/2022	2,373
28545 Livingston Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	9,813
Buildings and Improvements	10,954
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,375
Land	9,813
Buildings and Improvements	13,329
Total	23,142
(b) Accumulated Depreciation 12/31/2022	2,836
3801 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,771
Land	2,907
Buildings and Improvements	6,151
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	216
Land	2,909
Buildings and Improvements	6,365
Total	9,274
(b) Accumulated Depreciation 12/31/2022	972
3809 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,944
Land	3,140
Buildings and Improvements	6,964
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	75
Land	3,141
Buildings and Improvements	7,038
Total	10,179
(b) Accumulated Depreciation 12/31/2022	1,062
3817 Ocean Ranch Boulevard [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,584
Land	5,438
Buildings and Improvements	10,278
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	159
Land	5,442
Buildings and Improvements	10,433
Total	15,875
(b) Accumulated Depreciation 12/31/2022	1,599
24385 Nandina Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	17,023
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	63,296
Land	17,066
Buildings and Improvements	63,253
Total	80,319
(b) Accumulated Depreciation 12/31/2022	8,192
14999 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,508
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	2,947
Land	1,508
Buildings and Improvements	2,947
Total	4,455
(b) Accumulated Depreciation 12/31/2022	347
14969 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,847
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	11,097
Land	3,847
Buildings and Improvements	11,097
Total	14,944
(b) Accumulated Depreciation 12/31/2022	2,811
14939 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,107
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,280
Land	3,107
Buildings and Improvements	8,280
Total	11,387
(b) Accumulated Depreciation 12/31/2022	982
14909 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	7,099
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	19,020
Land	7,099
Buildings and Improvements	19,020
Total	26,119
(b) Accumulated Depreciation 12/31/2022	2,953
14940 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	5,423
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	13,837
Land	5,423
Buildings and Improvements	13,837
Total	19,260
(b) Accumulated Depreciation 12/31/2022	1,938
14910 Summit Drive [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,873
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,331
Land	1,873
Buildings and Improvements	5,331
Total	7,204
(b) Accumulated Depreciation 12/31/2022	931
930 Columbia Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,813
Buildings and Improvements	3,840
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	327
Land	1,813
Buildings and Improvements	4,167
Total	5,980
(b) Accumulated Depreciation 12/31/2022	416
305 Sequoia Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	6,641
Buildings and Improvements	8,155
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	279
Land	6,640
Buildings and Improvements	8,435
Total	15,075
(b) Accumulated Depreciation 12/31/2022	821
3051 E. Maria Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,392
Buildings and Improvements	1,532
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	46
Land	1,392
Buildings and Improvements	1,578
Total	2,970
(b) Accumulated Depreciation 12/31/2022	209
1709-1811 W. Mahalo Place [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	2,132
Buildings and Improvements	1,961
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(20)
Land	2,130
Buildings and Improvements	1,943
Total	4,073
(b) Accumulated Depreciation 12/31/2022	279
1964 Kellogg Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,836
Buildings and Improvements	3,524
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	396
Land	3,836
Buildings and Improvements	3,920
Total	7,756
(b) Accumulated Depreciation 12/31/2022	440
353 Perry Street [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,780
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	18,828
Land	1,788
Buildings and Improvements	18,820
Total	20,608
(b) Accumulated Depreciation 12/31/2022	1,531
8572 Spectrum Lane [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	806
Buildings and Improvements	3,225
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	1,054
Land	806
Buildings and Improvements	4,279
Total	5,085
(b) Accumulated Depreciation 12/31/2022	422
801-817 E Anaheim Street
Real Estate and Accumulated Depreciation [Line Items]
Land	5,712
Buildings and Improvements	434
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4
Land	5,712
Buildings and Improvements	438
Total	6,150
(b) Accumulated Depreciation 12/31/2022	326
10780 Redwood Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	13,410
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	23,310
Land	13,402
Buildings and Improvements	23,318
Total	36,720
(b) Accumulated Depreciation 12/31/2022	1,667
14518 Santa Ana Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	1,745
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4,722
Land	1,745
Buildings and Improvements	4,722
Total	6,467
(b) Accumulated Depreciation 12/31/2022	315
11253 Redwood Avenue [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	3,333
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,498
Land	3,333
Buildings and Improvements	8,498
Total	11,831
(b) Accumulated Depreciation 12/31/2022	514
19302-19400 S Laurel Park [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	12,816
Buildings and Improvements	1,649
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	6,240
Land	12,815
Buildings and Improvements	7,890
Total	20,705
(b) Accumulated Depreciation 12/31/2022	180
24665 Nandina Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	4,016
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17,123
Land	4,066
Buildings and Improvements	17,073
Total	21,139
(b) Accumulated Depreciation 12/31/2022	724
3125 Wilson Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	4,328
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	24,222
Land	4,328
Buildings and Improvements	24,222
Total	28,550
(b) Accumulated Depreciation 12/31/2022	556
680 Columbia Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	936
Buildings and Improvements	5,117
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4
Land	936
Buildings and Improvements	5,121
Total	6,057
(b) Accumulated Depreciation 12/31/2022	162
1458 E. Mission Boulevard
Real Estate and Accumulated Depreciation [Line Items]
Land	1,268
Buildings and Improvements	4,813
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	3
Land	1,267
Buildings and Improvements	4,817
Total	6,084
(b) Accumulated Depreciation 12/31/2022	115
1393 E. San Bernardino
Real Estate and Accumulated Depreciation [Line Items]
Land	19,385
Buildings and Improvements	308
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	89
Land	19,363
Buildings and Improvements	419
Total	19,782
(b) Accumulated Depreciation 12/31/2022	53
2755 S. Willow Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	17,155
Buildings and Improvements	4,258
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	4
Land	17,155
Buildings and Improvements	4,262
Total	21,417
(b) Accumulated Depreciation 12/31/2022	280
8410 Arjons Drive
Real Estate and Accumulated Depreciation [Line Items]
Land	3,757
Buildings and Improvements	2,885
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	0
Land	3,757
Buildings and Improvements	2,885
Total	6,642
(b) Accumulated Depreciation 12/31/2022	56
7666 Formula Place
Real Estate and Accumulated Depreciation [Line Items]
Land	6,909
Buildings and Improvements	3,549
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	(13)
Land	6,899
Buildings and Improvements	3,546
Total	10,445
(b) Accumulated Depreciation 12/31/2022	59
2042 S. Grove Avenue
Real Estate and Accumulated Depreciation [Line Items]
Land	15,358
Buildings and Improvements	404
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	17
Land	15,358
Buildings and Improvements	421
Total	15,779
(b) Accumulated Depreciation 12/31/2022	15
200 West Sinclair Street
Real Estate and Accumulated Depreciation [Line Items]
Land	14,417
Buildings and Improvements	704
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10
Land	14,417
Buildings and Improvements	714
Total	15,131
(b) Accumulated Depreciation 12/31/2022	19
First Loop Logistics Park Building 1
Real Estate and Accumulated Depreciation [Line Items]
Land	1,863
Buildings and Improvements	16
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,545
Land	2,503
Buildings and Improvements	7,921
Total	10,424
(b) Accumulated Depreciation 12/31/2022	0
First Loop Logistics Park Building 2
Real Estate and Accumulated Depreciation [Line Items]
Land	1,895
Buildings and Improvements	18
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	8,474
Land	2,546
Buildings and Improvements	7,841
Total	10,387
(b) Accumulated Depreciation 12/31/2022	0
First Loop Logistics Park Building 3
Real Estate and Accumulated Depreciation [Line Items]
Land	1,968
Buildings and Improvements	19
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,093
Land	2,643
Buildings and Improvements	8,437
Total	11,080
(b) Accumulated Depreciation 12/31/2022	0
First Loop Logistics Park Building 4
Real Estate and Accumulated Depreciation [Line Items]
Land	2,685
Buildings and Improvements	25
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	10,856
Land	3,607
Buildings and Improvements	9,959
Total	13,566
(b) Accumulated Depreciation 12/31/2022	0
First Park Miami Building 1
Real Estate and Accumulated Depreciation [Line Items]
Land	12,669
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	23,518
Land	12,679
Buildings and Improvements	23,508
Total	36,187
(b) Accumulated Depreciation 12/31/2022	0
First Park Miami Building 10
Real Estate and Accumulated Depreciation [Line Items]
Land	11,458
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	18,458
Land	11,463
Buildings and Improvements	18,453
Total	29,916
(b) Accumulated Depreciation 12/31/2022	0
First Logistics Center @ 283 Building B
Real Estate and Accumulated Depreciation [Line Items]
Land	32,706
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	36,396
Land	32,706
Buildings and Improvements	36,396
Total	69,102
(b) Accumulated Depreciation 12/31/2022	0
First 92
Real Estate and Accumulated Depreciation [Line Items]
Land	7,194
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,785
Land	7,195
Buildings and Improvements	5,784
Total	12,979
(b) Accumulated Depreciation 12/31/2022	0
First Elm Logistics Center
Real Estate and Accumulated Depreciation [Line Items]
Land	5,407
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,761
Land	5,405
Buildings and Improvements	7,763
Total	13,168
(b) Accumulated Depreciation 12/31/2022	0
First Park Miami Building 13
Real Estate and Accumulated Depreciation [Line Items]
Land	3,262
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	5,912
Land	3,263
Buildings and Improvements	5,911
Total	9,174
(b) Accumulated Depreciation 12/31/2022	0
First Rider Logistics Center
Real Estate and Accumulated Depreciation [Line Items]
Land	7,439
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	21,380
Land	7,428
Buildings and Improvements	21,391
Total	28,819
(b) Accumulated Depreciation 12/31/2022	0
First Wilson Logistics Center II
Real Estate and Accumulated Depreciation [Line Items]
Land	3,594
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	9,800
Land	3,594
Buildings and Improvements	9,800
Total	13,394
(b) Accumulated Depreciation 12/31/2022	0
First Pioneer Logistics Center
Real Estate and Accumulated Depreciation [Line Items]
Land	26,470
Buildings and Improvements	542
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	26,152
Land	26,427
Buildings and Improvements	26,737
Total	53,164
(b) Accumulated Depreciation 12/31/2022	0
First Stockton Logistics Center
Real Estate and Accumulated Depreciation [Line Items]
Land	7,654
Buildings and Improvements	0
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	7,347
Land	5,852
Buildings and Improvements	9,149
Total	15,001
(b) Accumulated Depreciation 12/31/2022	0
Developments / Land Parcels [Member]
Real Estate and Accumulated Depreciation [Line Items]
Land	345,599
Buildings and Improvements	6,909
Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision	47,428
Land	344,752
Buildings and Improvements	55,184
Total	399,936
(b) Accumulated Depreciation 12/31/2022	$ 0

Schedule III: Real Estate and Accumulated Depreciation (Parenthetical) (Details)
$ in Thousands

12 Months Ended

Dec. 31, 2022

USD ($)

Property

Dec. 31, 2021

USD ($)

Dec. 31, 2020

USD ($)

Real Estate and Accumulated Depreciation [Line Items]

Number of industrial properties | Property

426

Tenant improvements, useful life

Lease Term

Balance, Beginning of Year

$ 4,646,444

$ 4,109,896

$ 3,830,209

Acquisition of Real Estate Assets

312,841

347,190

247,250

Construction Costs and Improvements

496,190

351,453

160,491

Disposition of Real Estate Assets

(90,762)

(139,207)

(109,070)

Write-off of Fully Depreciated and Other Assets

(21,674)

(22,888)

(18,984)

Balance, End of Year Including Real Estate Held for Sale

5,343,039

4,646,444

4,109,896

Real Estate Held for Sale

^[1]

22,263

Balance, End of Year Excluding Real Estate Held for Sale

5,343,039

4,646,444

4,087,633

Balance, Beginning of Year

868,296

839,349

804,780

Depreciation for Year

119,477

107,876

102,533

Disposition of Assets

(45,246)

(58,055)

(49,390)

Write-off of Fully Depreciated and Other Assets

(21,047)

(20,874)

(18,574)

Balance, End of Year Including Real Estate Held for Sale

921,480

868,296

839,349

Real Estate Held for Sale

^[2]

6,956

Balance, End of Year Excluding Real Estate Held for Sale

$ 921,480

$ 868,296

832,393

Real Estate Held for Sale - Other Assets

454

Real Estate Held for Sale - Other Assets Accumulated Depreciation

$ 98

Buildings and Improvements | Minimum

Real Estate and Accumulated Depreciation [Line Items]

Property, plant and equipment, useful life

3 years

Buildings and Improvements | Maximum

Real Estate and Accumulated Depreciation [Line Items]

Property, plant and equipment, useful life

50 years

Land Improvements | Minimum

Real Estate and Accumulated Depreciation [Line Items]

Property, plant and equipment, useful life

1 year

Land Improvements | Maximum

Real Estate and Accumulated Depreciation [Line Items]

Property, plant and equipment, useful life

25 years

[1]	The Real Estate Held for Sale at December 31, 2020 excludes $454 of other assets.
[2]	The Real Estate Held for Sale at December 31, 2020 excludes $98 of accumulated amortization related to the other assets.

Schedule III: Real Estate and Accumulated Depreciation - Additional Information (Details) $ in Billions	Dec. 31, 2022 USD ($)
Real Estate and Accumulated Depreciation [Abstract]
Aggregate cost of land and buildings and equipment for federal income tax purpose	$ 4.8