First Industrial Realty Trust (FR) S-3ASR Automatic shelf registration

Exhibit 12.2

FIRST INDUSTRIAL, LP

Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

	2016		2015		2014		2013		2012
Income (Loss) from Continuing Operations Before Equity in Income of Joint Ventures, Noncontrolling Interest from Continuing Operations and Income Taxes from Continuing Operations	$	126,773	$	76,882	$	20,173	$	4,769	$	(17,179	)
Distributions from Joint Ventures		—		—		1,881		177		1,580
Interest Expense		59,430		67,424		72,178		73,558		83,506
Amortization of Capitalized Interest		847		763		722		580		529
Amortization of Deferred Financing Costs		3,219		3,159		3,098		3,225		3,460
Rentals Deemed Representative of an Interest Factor		460		427		433		480		522
Net Earnings		190,729		148,655		98,485		82,789		72,418
Interest Expense		59,430		67,424		72,178		73,558		83,506
Capitalized Interest		3,523		2,453		1,411		3,611		1,997
Amortization of Deferred Financing Costs		3,219		3,159		3,098		3,225		3,460
Rentals Deemed Representative of an Interest Factor		460		427		433		480		522
Fixed Charges	$	66,632	$	73,463	$	77,120	$	80,874	$	89,485
Ratio of Earnings to Fixed Charges		2.86		2.02		1.28		1.02		(a	)

(a) Due to First Industrial L.P.’s (“the Operating Partnership”) loss from continuing operations for the year ended December 31, 2012, the ratio coverage is less than 1:1. The Operating Partnership must generate additional earnings of $17,067 for the year ended December 31, 2012 to achieve a ratio coverage of 1:1.