$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2015 Q1 Form 10-Q Financial Statement

#000003490315000020 Filed on May 07, 2015

Income Statement

Concept	2015 Q1	2014 Q1
Revenue	$184.8M	$170.8M
YoY Change	8.17%	8.7%
Cost Of Revenue	$61.80M	$55.80M
YoY Change	10.75%	18.47%
Gross Profit	$123.0M	$115.0M
YoY Change	6.96%	4.45%
Gross Profit Margin	66.56%	67.32%
Selling, General & Admin	$8.900M	$7.700M
YoY Change	15.58%	8.45%
% of Gross Profit	7.24%	6.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$42.00M	$43.90M
YoY Change	-4.33%	8.13%
% of Gross Profit	34.15%	38.17%
Operating Expenses	$112.7M	$107.4M
YoY Change	4.92%	13.46%
Operating Profit	$72.12M	$63.44M
YoY Change	13.68%	1.51%
Interest Expense	$24.17M	$23.14M
YoY Change	4.46%	-15.57%
% of Operating Profit	33.51%	36.47%
Other Income/Expense, Net
YoY Change
Pretax Income	$48.20M	$40.50M
YoY Change	19.01%	14.41%
Income Tax		$0.00
% Of Pretax Income		0.0%
Net Earnings	$46.19M	$38.75M
YoY Change	19.18%	12.04%
Net Earnings / Revenue	24.99%	22.69%
Basic Earnings Per Share	$0.67	$0.58
Diluted Earnings Per Share	$0.67	$0.57
COMMON SHARES
Basic Shares Outstanding	68.37M shares	66.62M shares
Diluted Shares Outstanding	68.56M shares	66.77M shares

Balance Sheet

Concept	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$171.4M	$75.70M
YoY Change	126.42%	141.85%
Cash & Equivalents	$171.4M	$75.70M
Short-Term Investments
Other Short-Term Assets	$166.9M	$130.9M
YoY Change	27.5%	-0.23%
Inventory
Prepaid Expenses
Receivables	$101.0M	$92.80M
Other Receivables	$50.90M	$55.30M
Total Short-Term Assets	$490.2M	$354.7M
YoY Change	38.2%	20.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.174B	$4.005B
YoY Change	4.23%	12.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$37.50M	$32.10M
YoY Change	16.82%	-3.02%
Other Assets	$62.00M
YoY Change
Total Long-Term Assets	$4.291B	$4.051B
YoY Change	5.91%	12.19%
TOTAL ASSETS
Total Short-Term Assets	$490.2M	$354.7M
Total Long-Term Assets	$4.291B	$4.051B
Total Assets	$4.781B	$4.406B
YoY Change	8.51%	12.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$149.4M	$157.4M
YoY Change	-5.08%	24.23%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$224.5M	$223.8M
YoY Change	0.31%	19.23%
LONG-TERM LIABILITIES
Long-Term Debt	$2.637B	$2.392B
YoY Change	10.23%	8.93%
Other Long-Term Liabilities	$108.5M	$105.3M
YoY Change	3.04%	11.43%
Total Long-Term Liabilities	$2.745B	$2.497B
YoY Change	9.93%	9.03%
TOTAL LIABILITIES
Total Short-Term Liabilities	$224.5M	$223.8M
Total Long-Term Liabilities	$2.745B	$2.497B
Total Liabilities	$2.970B	$2.721B
YoY Change	9.14%	9.8%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$2.285B	$2.115B
YoY Change	8.03%	10.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.592B	$1.486B
YoY Change
Total Liabilities & Shareholders Equity	$4.781B	$4.406B
YoY Change	8.51%	12.79%

Cashflow Statement

Concept	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	$46.19M	$38.75M
YoY Change	19.18%	12.04%
Depreciation, Depletion And Amortization	$42.00M	$43.90M
YoY Change	-4.33%	8.13%
Cash From Operating Activities	$81.99M	$79.16M
YoY Change	3.57%	16.94%
INVESTING ACTIVITIES
Capital Expenditures	-$91.80M	-$84.20M
YoY Change	9.03%	96.73%
Acquisitions
YoY Change
Other Investing Activities	-$3.200M	-$3.800M
YoY Change	-15.79%	35.71%
Cash From Investing Activities	-$94.95M	-$88.04M
YoY Change	7.84%	92.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$589.0K	$51.62M
YoY Change	-98.86%	58.61%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$136.4M	-$4.350M
YoY Change	-3236.67%	-84.31%
NET CHANGE
Cash From Operating Activities	$81.99M	$79.16M
Cash From Investing Activities	-$94.95M	-$88.04M
Cash From Financing Activities	$136.4M	-$4.350M
Net Change In Cash	$123.5M	-$13.23M
YoY Change	-1033.52%	131.5%
FREE CASH FLOW
Cash From Operating Activities	$81.99M	$79.16M
Capital Expenditures	-$91.80M	-$84.20M
Free Cash Flow	$173.8M	$163.4M
YoY Change	6.38%	47.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	68682443	shares
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	FEDERAL REALTY INVESTMENT TRUST
CY2014Q4	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	26618000	USD
CY2015Q1	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	27873000	USD
CY2014Q1	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	43850000	USD
CY2015Q1	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	41984000	USD
CY2014Q1	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	74097000	USD
CY2015Q1	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	54898000	USD
CY2015Q1	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	151000	USD
CY2014Q1	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	51714000	USD
CY2015Q1	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	59330000	USD
CY2014Q1	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	450000	USD
CY2015Q1	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	494000	USD
CY2014Q1	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	238000	USD
CY2015Q1	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	210000	USD
CY2014Q1	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	-2336000	USD
CY2015Q1	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	-3239000	USD
CY2014Q1	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-51000	USD
CY2015Q1	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-213000	USD
CY2015Q1	frt	Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees	0.0106
CY2015Q1	frt	Minimum Percentage Of Taxable Income Distributed To Shareholders MinimumPercentageOfTaxableIncomeDistributedToShareholders	0.9
CY2014Q4	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	187632000	USD
CY2015Q1	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	179789000	USD
CY2014Q1	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	38380000	USD
CY2015Q1	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	45841000	USD
CY2015Q1	frt	Operating Partnership Units Fair Value OperatingPartnershipUnitsFairValue	137600000	USD
CY2014Q4	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	282303000	USD
CY2015Q1	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	266198000	USD
CY2014Q1	frt	Other Rental Income OtherRentalIncome	2724000	USD
CY2015Q1	frt	Other Rental Income OtherRentalIncome	2815000	USD
CY2014Q1	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	1409000	USD
CY2015Q1	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	2433000	USD
CY2015Q1	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	47418000	USD
CY2014Q1	frt	Rental Income RentalIncome	166193000	USD
CY2015Q1	frt	Rental Income RentalIncome	181166000	USD
CY2014Q1	frt	Revenue Mortgage Interest RevenueMortgageInterest	1235000	USD
CY2015Q1	frt	Revenue Mortgage Interest RevenueMortgageInterest	1161000	USD
CY2015Q1	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	3754000	USD
CY2015Q1	frt	Shareswithheldforemployeetaxesnetvalue Shareswithheldforemployeetaxesnetvalue	5082000	USD
CY2014Q1	frt	Valueofdown Reit Operating Partnership Units Issuedin Connectionwith Business Acqu ValueofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcqu	65348000	USD
CY2015Q1	frt	Valueofdown Reit Operating Partnership Units Issuedin Connectionwith Business Acqu ValueofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcqu	7742000	USD
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CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3515000	USD
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CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2281223000	USD
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CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
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CY2014Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71647000	USD
CY2015Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71640000	USD
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CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-13228000	USD
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CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
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CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4546870000	USD
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CY2015Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	600000000	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	88155000	USD
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CY2015Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1095000	USD
CY2014Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	50988000	USD
CY2015Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	50911000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4350000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	136445000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-88040000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-94945000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	79162000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	81986000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	38753000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	46186000	USD
CY2014Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1792000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2017000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	785000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	38618000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	46051000	USD
CY2014Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	68282000	USD
CY2015Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	18666000	USD
CY2015Q1	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	16288000	USD
CY2014Q4	us-gaap	Notes Payable NotesPayable	290519000	USD
CY2015Q1	us-gaap	Notes Payable NotesPayable	290577000	USD
CY2015Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	90	project
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	107384000	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	112670000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	63444000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	72122000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2461000	USD
CY2014Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1532000	USD
CY2015Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1491000	USD
CY2014Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	3400000	USD
CY2015Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	2465000	USD
CY2015Q1	us-gaap	Partners Capital Account Units PartnersCapitalAccountUnits	934405	shares
CY2014Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	9834000	USD
CY2015Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	10466000	USD
CY2014Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	0	USD
CY2015Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	47000	USD
CY2014Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	308000	USD
CY2015Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	26414000	USD
CY2014Q1	us-gaap	Percentage Rent PercentageRent	2123000	USD
CY2015Q1	us-gaap	Percentage Rent PercentageRent	2764000	USD
CY2014	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2015Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2014Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
CY2015Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
CY2014Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2015Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2015Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2015Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2015Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2015Q1	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	160167000	USD
CY2015Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	166922000	USD
CY2014Q1	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	92000	USD
CY2015Q1	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	0	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	51615000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	589000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	208654000	USD
CY2014Q1	us-gaap	Profit Loss ProfitLoss	40545000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	48203000	USD
CY2014Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	USD
CY2015Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	61987000	USD
CY2014Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1467050000	USD
CY2015Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1500976000	USD
CY2014Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5608998000	USD
CY2015Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5737360000	USD
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4141948000	USD
CY2015Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4236384000	USD
CY2014Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	18700000	USD
CY2015Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	20394000	USD
CY2014Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	119053000	USD
CY2015Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	119145000	USD
CY2014Q4	us-gaap	Rental Properties RentalProperties	5128757000	USD
CY2015Q1	us-gaap	Rental Properties RentalProperties	5208904000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	2842000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	11035000	USD
CY2014Q1	us-gaap	Revenues Revenues	170828000	USD
CY2015Q1	us-gaap	Revenues Revenues	184792000	USD
CY2014Q4	us-gaap	Secured Debt SecuredDebt	563698000	USD
CY2015Q1	us-gaap	Secured Debt SecuredDebt	579752000	USD
CY2014Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	14115000	USD
CY2015Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	14371000	USD
CY2014Q4	us-gaap	Senior Notes SeniorNotes	1483813000	USD
CY2015Q1	us-gaap	Senior Notes SeniorNotes	1694764000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3273000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3537000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	561000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	518000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	1604401000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	1591569000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1692556000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1691926000	USD
CY2015Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	497000	USD
CY2014Q1	us-gaap	Straight Line Rent StraightLineRent	1100000	USD
CY2015Q1	us-gaap	Straight Line Rent StraightLineRent	1300000	USD
CY2014Q1	us-gaap	Tenant Reimbursements TenantReimbursements	37459000	USD
CY2015Q1	us-gaap	Tenant Reimbursements TenantReimbursements	40887000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66773000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68563000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	66615000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68368000	shares
CY2015Q1	frt	Schedule Of Minimum Rents Components Table Textblock ScheduleOfMinimumRentsComponentsTableTextblock	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Minimum rents include the following:</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="75%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In millions)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Straight-line rents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of above market leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of below market leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2015Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BUSINESS AND ORGANIZATION</font></div><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal Realty Investment Trust (the “Trust”) is an equity real estate investment trust (“REIT”) specializing in the ownership, management, and redevelopment of retail and mixed-use properties. Our properties are located primarily in densely populated and affluent communities in strategically selected metropolitan markets in the Mid-Atlantic and Northeast regions of the United States, and California. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, we owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as </font><font style="font-family:inherit;font-size:10pt;">90</font><font style="font-family:inherit;font-size:10pt;"> predominantly retail real estate projects.</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We operate in a manner intended to enable us to qualify as a REIT for federal income tax purposes. A REIT that distributes at least </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">90%</font><font style="font-family:inherit;font-size:10pt;"> of its taxable income to its shareholders each year and meets certain other conditions is not taxed on that portion of its taxable income which is distributed to its shareholders. Therefore, federal income taxes on our taxable income have been and are generally expected to be immaterial. We are obligated to pay state taxes, generally consisting of franchise or gross receipts taxes in certain states. Such state taxes also have not been material.</font></div></div>
CY2015Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, referred to as “GAAP,” requires management to make estimates and assumptions that in certain circumstances affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and revenues and expenses. These estimates are prepared using management’s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from these estimates.</font></div></div>

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2015 Q1 Form 10-Q Financial Statement

#000003490315000020 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2015 Q1 Form 10-Q Financial Statement

#000003490315000020 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt