$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000003490316000058 Filed on May 04, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$198.3M	$184.8M
YoY Change	7.33%	8.17%
Cost Of Revenue	$65.60M	$61.80M
YoY Change	6.15%	10.75%
Gross Profit	$132.7M	$123.0M
YoY Change	7.89%	6.96%
Gross Profit Margin	66.9%	66.56%
Selling, General & Admin	$8.000M	$8.900M
YoY Change	-10.11%	15.58%
% of Gross Profit	6.03%	7.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$47.80M	$42.00M
YoY Change	13.81%	-4.33%
% of Gross Profit	36.02%	34.15%
Operating Expenses	$121.4M	$112.7M
YoY Change	7.77%	4.92%
Operating Profit	$76.92M	$72.12M
YoY Change	6.66%	13.68%
Interest Expense	$23.73M	$24.17M
YoY Change	-1.82%	4.46%
% of Operating Profit	30.85%	33.51%
Other Income/Expense, Net
YoY Change
Pretax Income	$53.30M	$48.20M
YoY Change	10.58%	19.01%
Income Tax
% Of Pretax Income
Net Earnings	$76.96M	$46.19M
YoY Change	66.62%	19.18%
Net Earnings / Revenue	38.8%	24.99%
Basic Earnings Per Share	$1.10	$0.67
Diluted Earnings Per Share	$1.10	$0.67
COMMON SHARES
Basic Shares Outstanding	69.77M shares	68.37M shares
Diluted Shares Outstanding	69.96M shares	68.56M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.70M	$171.4M
YoY Change	-88.51%	126.42%
Cash & Equivalents	$19.72M	$171.4M
Short-Term Investments
Other Short-Term Assets	$198.2M	$166.9M
YoY Change	18.75%	27.5%
Inventory
Prepaid Expenses
Receivables	$113.7M	$101.0M
Other Receivables	$41.70M	$50.90M
Total Short-Term Assets	$373.3M	$490.2M
YoY Change	-23.85%	38.2%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.742B	$4.174B
YoY Change	13.59%	4.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$10.50M	$37.50M
YoY Change	-72.0%	16.82%
Other Assets		$62.00M
YoY Change
Total Long-Term Assets	$4.752B	$4.291B
YoY Change	10.76%	5.91%
TOTAL ASSETS
Total Short-Term Assets	$373.3M	$490.2M
Total Long-Term Assets	$4.752B	$4.291B
Total Assets	$5.125B	$4.781B
YoY Change	7.21%	8.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$165.4M	$149.4M
YoY Change	10.71%	-5.08%
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	$248.8M	$224.5M
YoY Change	10.82%	0.31%
LONG-TERM LIABILITIES
Long-Term Debt	$2.659B	$2.637B
YoY Change	0.86%	10.23%
Other Long-Term Liabilities	$122.1M	$108.5M
YoY Change	12.53%	3.04%
Total Long-Term Liabilities	$2.781B	$2.745B
YoY Change	1.32%	9.93%
TOTAL LIABILITIES
Total Short-Term Liabilities	$248.8M	$224.5M
Total Long-Term Liabilities	$2.781B	$2.745B
Total Liabilities	$3.030B	$2.970B
YoY Change	2.04%	9.14%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$2.566B	$2.285B
YoY Change	12.3%	8.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.855B	$1.592B
YoY Change
Total Liabilities & Shareholders Equity	$5.125B	$4.781B
YoY Change	7.21%	8.51%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$76.96M	$46.19M
YoY Change	66.62%	19.18%
Depreciation, Depletion And Amortization	$47.80M	$42.00M
YoY Change	13.81%	-4.33%
Cash From Operating Activities	$104.9M	$81.99M
YoY Change	27.92%	3.57%
INVESTING ACTIVITIES
Capital Expenditures	-$197.7M	-$91.80M
YoY Change	115.36%	9.03%
Acquisitions
YoY Change
Other Investing Activities	-$4.000M	-$3.200M
YoY Change	25.0%	-15.79%
Cash From Investing Activities	-$201.7M	-$94.95M
YoY Change	112.43%	7.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$181.8M	$589.0K
YoY Change	30758.57%	-98.86%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$95.48M	$136.4M
YoY Change	-30.02%	-3236.67%
NET CHANGE
Cash From Operating Activities	$104.9M	$81.99M
Cash From Investing Activities	-$201.7M	-$94.95M
Cash From Financing Activities	$95.48M	$136.4M
Net Change In Cash	-$1.330M	$123.5M
YoY Change	-101.08%	-1033.52%
FREE CASH FLOW
Cash From Operating Activities	$104.9M	$81.99M
Capital Expenditures	-$197.7M	-$91.80M
Free Cash Flow	$302.6M	$173.8M
YoY Change	74.11%	6.38%

Facts In Submission

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CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000034903
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CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	FEDERAL REALTY INVESTMENT TRUST
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CY2015Q1	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	41984000	USD
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CY2015Q1	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	494000	USD
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CY2015Q1	frt	Other Rental Income OtherRentalIncome	2815000	USD
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CY2016Q1	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	251500000	USD
CY2016Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	600000000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	118182000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	113990000	USD
CY2016Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1358000	USD
CY2015Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	41618000	USD
CY2016Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	41618000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	136445000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	99849000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-94945000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-201687000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	81986000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	100508000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	46186000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	76955000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2017000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2108000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	717000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	46051000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	76820000	USD
CY2015Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	18666000	USD
CY2016Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	34385000	USD
CY2016Q1	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	56000	USD
CY2015Q4	us-gaap	Notes Payable NotesPayable	341961000	USD
CY2016Q1	us-gaap	Notes Payable NotesPayable	341620000	USD
CY2016Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	96	project
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	112670000	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	121422000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	72122000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	76922000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2775000	USD
CY2015Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1491000	USD
CY2016Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-698000	USD
CY2015Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	2465000	USD
CY2016Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	2312000	USD
CY2016Q1	us-gaap	Partners Capital Account Units PartnersCapitalAccountUnits	902368	shares
CY2015Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	10466000	USD
CY2016Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	12377000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	0	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	13023000	USD
CY2015Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	47000	USD
CY2016Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	697000	USD
CY2015Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	26414000	USD
CY2016Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	129776000	USD
CY2015Q1	us-gaap	Percentage Rent PercentageRent	2764000	USD
CY2016Q1	us-gaap	Percentage Rent PercentageRent	3069000	USD
CY2015	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2016Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2015Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
CY2015Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2016Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	181638000	USD
CY2016Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2016Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	191582000	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	198152000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	589000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	181757000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	208654000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-500000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	48203000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	79063000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1574041000	USD
CY2016Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1611379000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6064406000	USD
CY2016Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6353146000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4490365000	USD
CY2016Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4741767000	USD
CY2015Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	20394000	USD
CY2016Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	22794000	USD
CY2015Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	137316000	USD
CY2016Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	126232000	USD
CY2015Q4	us-gaap	Rental Properties RentalProperties	5630771000	USD
CY2016Q1	us-gaap	Rental Properties RentalProperties	5901076000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	11035000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1405000	USD
CY2015Q1	us-gaap	Revenues Revenues	184792000	USD
CY2016Q1	us-gaap	Revenues Revenues	198344000	USD
CY2015Q4	us-gaap	Secured Debt SecuredDebt	481084000	USD
CY2016Q1	us-gaap	Secured Debt SecuredDebt	513009000	USD
CY2015Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	15439000	USD
CY2016Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	15845000	USD
CY2015Q4	us-gaap	Senior Notes SeniorNotes	1732551000	USD
CY2016Q1	us-gaap	Senior Notes SeniorNotes	1733081000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3537000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3227000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	646000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1663749000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	1854951000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1781931000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1968941000	USD
CY2016Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	1976000	USD
CY2015Q1	us-gaap	Straight Line Rent StraightLineRent	1300000	USD
CY2016Q1	us-gaap	Straight Line Rent StraightLineRent	2000000	USD
CY2015Q1	us-gaap	Tenant Reimbursements TenantReimbursements	40887000	USD
CY2016Q1	us-gaap	Tenant Reimbursements TenantReimbursements	41802000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68563000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69957000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68368000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69771000	shares
CY2016Q1	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 style="width:75%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="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;">2016</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;">2015</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1.3</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></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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(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></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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1.6</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></tr></table></div></div></div>
CY2016Q1	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, California, and South Florida. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2016</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;">96</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>
CY2016Q1	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>

Files In Submission

Name	View Source	Status
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0000034903-16-000058-index.html	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
frt-03312016x10q.htm	Edgar Link	pending
frt-03312016xex311.htm	Edgar Link	pending
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frt-20160331_def.xml	Edgar Link	unprocessable
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frt-20160331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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FEDERAL REALTY INVESTMENT TRUST Stock $frt

2016 Q1 Form 10-Q Financial Statement

#000003490316000058 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2016 Q1 Form 10-Q Financial Statement

#000003490316000058 Filed on May 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt