$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000003490317000025 Filed on August 02, 2017

Income Statement

Concept	2017 Q2	2016 Q2
Revenue	$208.0M	$198.0M
YoY Change	5.09%	9.1%
Cost Of Revenue	$63.70M	$60.40M
YoY Change	5.46%	13.32%
Gross Profit	$144.4M	$137.6M
YoY Change	4.94%	7.33%
Gross Profit Margin	69.41%	69.5%
Selling, General & Admin	$8.600M	$9.000M
YoY Change	-4.44%	-3.23%
% of Gross Profit	5.96%	6.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$52.60M	$48.40M
YoY Change	8.68%	13.35%
% of Gross Profit	36.43%	35.17%
Operating Expenses	$125.0M	$117.8M
YoY Change	6.04%	11.96%
Operating Profit	$83.09M	$80.14M
YoY Change	3.69%	5.16%
Interest Expense	$23.91M	$23.10M
YoY Change	3.49%	-1.47%
% of Operating Profit	28.77%	28.83%
Other Income/Expense, Net
YoY Change
Pretax Income	$59.10M	$57.10M
YoY Change	3.5%	66.96%
Income Tax
% Of Pretax Income
Net Earnings	$76.29M	$55.94M
YoY Change	36.38%	28.21%
Net Earnings / Revenue	36.67%	28.26%
Basic Earnings Per Share	$1.05	$0.79
Diluted Earnings Per Share	$1.05	$0.78
COMMON SHARES
Basic Shares Outstanding	72.00M shares	70.80M shares
Diluted Shares Outstanding	72.12M shares	70.97M shares

Balance Sheet

Concept	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$96.30M	$18.60M
YoY Change	417.74%	-16.22%
Cash & Equivalents	$96.33M	$18.62M
Short-Term Investments
Other Short-Term Assets	$210.7M	$197.2M
YoY Change	6.85%	19.01%
Inventory
Prepaid Expenses
Receivables	$169.0M	$114.4M
Other Receivables	$30.40M	$41.60M
Total Short-Term Assets	$506.4M	$371.8M
YoY Change	36.2%	7.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.283B	$4.807B
YoY Change	9.91%	10.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$14.00M	$9.800M
YoY Change	42.86%	-74.01%
Other Assets	$0.00
YoY Change
Total Long-Term Assets	$5.297B	$4.817B
YoY Change	9.97%	9.74%
TOTAL ASSETS
Total Short-Term Assets	$506.4M	$371.8M
Total Long-Term Assets	$5.297B	$4.817B
Total Assets	$5.804B	$5.188B
YoY Change	11.85%	9.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$190.5M	$172.0M
YoY Change	10.76%	24.73%
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	$278.8M	$255.8M
YoY Change	8.99%	19.64%
LONG-TERM LIABILITIES
Long-Term Debt	$3.143B	$2.665B
YoY Change	17.94%	4.94%
Other Long-Term Liabilities	$143.0M	$118.6M
YoY Change	20.57%	0.0%
Total Long-Term Liabilities	$3.286B	$2.784B
YoY Change	18.05%	4.72%
TOTAL LIABILITIES
Total Short-Term Liabilities	$278.8M	$255.8M
Total Long-Term Liabilities	$3.286B	$2.784B
Total Liabilities	$3.565B	$3.039B
YoY Change	17.29%	5.83%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$2.743B	$2.647B
YoY Change	3.62%	12.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.992B	$1.924B
YoY Change
Total Liabilities & Shareholders Equity	$5.804B	$5.188B
YoY Change	11.85%	9.6%

Cashflow Statement

Concept	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$76.29M	$55.94M
YoY Change	36.38%	28.21%
Depreciation, Depletion And Amortization	$52.60M	$48.40M
YoY Change	8.68%	13.35%
Cash From Operating Activities	$114.8M	$98.70M
YoY Change	16.31%	7.75%
INVESTING ACTIVITIES
Capital Expenditures	-$151.2M	-$97.80M
YoY Change	54.6%	-39.93%
Acquisitions
YoY Change
Other Investing Activities	$43.80M	-$1.400M
YoY Change	-3228.57%	-103.38%
Cash From Investing Activities	-$107.4M	-$99.20M
YoY Change	8.27%	-18.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	67.10M	-600.0K
YoY Change	-11283.33%	-99.5%
NET CHANGE
Cash From Operating Activities	114.8M	98.70M
Cash From Investing Activities	-107.4M	-99.20M
Cash From Financing Activities	67.10M	-600.0K
Net Change In Cash	74.50M	-1.100M
YoY Change	-6872.73%	-99.26%
FREE CASH FLOW
Cash From Operating Activities	$114.8M	$98.70M
Capital Expenditures	-$151.2M	-$97.80M
Free Cash Flow	$266.0M	$196.5M
YoY Change	35.37%	-22.76%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000034903
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	72255197	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	FEDERAL REALTY INVESTMENT TRUST
CY2016Q4	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	209239000	USD
CY2017Q2	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	226193000	USD
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	96234000	USD
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	104045000	USD
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	142091000	USD
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	229198000	USD
	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	4547000	USD
	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	0	USD
	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	131076000	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.88
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.83
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1704000	USD
	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	140447000	USD
	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	1047000	USD
	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	1036000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	USD
CY2016Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	156000	USD
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	364000	USD
CY2017Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	251000	USD
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	468000	USD
CY2016Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestate Gainlossonchangeincontrolofinterestsandsaleofrealestate	1787000	USD
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestate Gainlossonchangeincontrolofinterestsandsaleofrealestate	27513000	USD
CY2017Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestate Gainlossonchangeincontrolofinterestsandsaleofrealestate	18996000	USD
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestate Gainlossonchangeincontrolofinterestsandsaleofrealestate	19174000	USD
CY2016Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenet Gainlossonchangeincontrolofinterestsandsaleofrealestatenet	701000	USD
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenet Gainlossonchangeincontrolofinterestsandsaleofrealestatenet	26427000	USD
CY2017Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenet Gainlossonchangeincontrolofinterestsandsaleofrealestatenet	18814000	USD
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenet Gainlossonchangeincontrolofinterestsandsaleofrealestatenet	18884000	USD
CY2016Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare	0.01
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare	0.38
CY2017Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare	0.26
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperbasicshare	0.26
CY2016Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare	0.01
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare	0.38
CY2017Q2	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare	0.26
	frt	Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare Gainlossonchangeincontrolofinterestsandsaleofrealestatenetperdilutedshare	0.26
CY2016Q2	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	54949000	USD
	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	105834000	USD
CY2017Q2	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	57091000	USD
	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	112858000	USD
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	-3604000	USD
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	4773000	USD
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-5000	USD
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	514000	USD
CY2017Q2	frt	Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees	0.018
	frt	Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees	0.018
	frt	Minimum Percentage Of Taxable Income Distributed To Shareholders MinimumPercentageOfTaxableIncomeDistributedToShareholders	0.9
CY2016Q4	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	439120000	USD
CY2017Q2	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	383304000	USD
CY2016Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	55650000	USD
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	132261000	USD
CY2017Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	75905000	USD
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	131742000	USD
CY2016Q2	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	1871000	USD
	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	3979000	USD
CY2017Q2	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	1660000	USD
	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	3432000	USD
CY2017Q2	frt	Operating Partnership Units Fair Value OperatingPartnershipUnitsFairValue	99600000	USD
CY2016Q4	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	1226918000	USD
CY2017Q2	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	1265976000	USD
CY2016Q2	frt	Other Rental Income OtherRentalIncome	4243000	USD
	frt	Other Rental Income OtherRentalIncome	8645000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	698000	USD
CY2017Q2	frt	Other Rental Income OtherRentalIncome	4255000	USD
	frt	Other Rental Income OtherRentalIncome	8715000	USD
	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	19250000	USD
	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	10312000	USD
	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	134499000	USD
	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	18164000	USD
	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	2569000	USD
	frt	Refinanceofmortgageloan Refinanceofmortgageloan	0	USD
	frt	Refinanceofmortgageloan Refinanceofmortgageloan	125000000	USD
CY2016Q2	frt	Revenue Mortgage Interest RevenueMortgageInterest	1558000	USD
	frt	Revenue Mortgage Interest RevenueMortgageInterest	2282000	USD
CY2017Q2	frt	Revenue Mortgage Interest RevenueMortgageInterest	735000	USD
	frt	Revenue Mortgage Interest RevenueMortgageInterest	1487000	USD
	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	6457000	USD
	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	0	USD
	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	5918000	USD
CY2016Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	116749000	USD
CY2017Q2	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	168996000	USD
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	201756000	USD
CY2017Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	190459000	USD
CY2016Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	749734000	USD
CY2017Q2	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	759058000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2577000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1100000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2718325000	USD
CY2017Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2741803000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4077000	USD
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2523000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6052000	USD
CY2017Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2908000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6457000	USD
CY2016Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2017Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2016Q4	us-gaap	Assets Assets	5423279000	USD
CY2017Q2	us-gaap	Assets Assets	5803503000	USD
CY2016Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71590000	USD
CY2017Q2	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71573000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21046000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18622000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23368000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	96326000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2424000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	72958000	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.880
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.960
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.880
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.960
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2017Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	71995897	shares
CY2017Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	72251477	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	71995897	shares
CY2017Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	72251477	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	722000	USD
CY2017Q2	us-gaap	Common Stock Value CommonStockValue	725000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	55533000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	129713000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	76684000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	133958000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	58490000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	134778000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	78526000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	137680000	USD
CY2016Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	599260000	USD
CY2017Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	719713000	USD
CY2017Q1	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	100000	USD
	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	0	USD
CY2016Q4	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	115817000	USD
CY2017Q2	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	143002000	USD
CY2016Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	48435000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	96234000	USD
CY2017Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	52666000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	104045000	USD
CY2016Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	36978000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	79797000	USD
CY2017Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	37128000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	78237000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	141451000	USD
CY2016Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	71440000	USD
CY2017Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	71714000	USD
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	271000	USD
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.79
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.88
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.83
CY2016Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	325000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	627000	USD
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.78
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
CY2017Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	381000	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9036000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	17046000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8643000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	16910000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	55240000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	106469000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	57477000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	113597000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	57111000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	110448000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	59137000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	117029000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.78
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	1.50
CY2017Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.79
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	1.57
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.77
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	1.50
CY2017Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.79
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	1.57
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	41000	USD
CY2017Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-114000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-114000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	250000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	341000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-935000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-3467000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	432000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1568000	USD
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	7188000	USD
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	6273000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1075000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-13767000	USD
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	200000	shares
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	200000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	200000	shares
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	200000	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	177000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	181000	shares
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	123000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	133000	shares
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	7973000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	11639000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	54803000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	59304000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	23101000	USD
	us-gaap	Interest Expense InterestExpense	46830000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	23907000	USD
	us-gaap	Interest Expense InterestExpense	47665000	USD
CY2016Q2	us-gaap	Interest Income Other InterestIncomeOther	77000	USD
	us-gaap	Interest Income Other InterestIncomeOther	180000	USD
CY2017Q2	us-gaap	Interest Income Other InterestIncomeOther	68000	USD
	us-gaap	Interest Income Other InterestIncomeOther	174000	USD
	us-gaap	Interest Paid Net InterestPaidNet	45577000	USD
	us-gaap	Interest Paid Net InterestPaidNet	47995000	USD
CY2017Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-500000	USD
	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-1100000	USD
CY2017Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	-1000000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	14864000	USD
CY2017Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	13973000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	3203750000	USD
CY2017Q2	us-gaap	Liabilities Liabilities	3564781000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5423279000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5803503000	USD
CY2017Q2	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2017Q2	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	252100000	USD
	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	173200000	USD
CY2017Q2	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	344000000	USD
	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	344000000	USD
CY2017Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	800000000	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	99102000	USD
CY2017Q2	us-gaap	Minority Interest MinorityInterest	94310000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3310000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	-5455000	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	29904000	USD
CY2017Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	30429000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	94871000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	221108000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-300902000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-389979000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	203607000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	241829000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	55941000	USD
	us-gaap	Net Income Loss NetIncomeLoss	132896000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	76291000	USD
	us-gaap	Net Income Loss NetIncomeLoss	132481000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2957000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5065000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1842000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	55806000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	132625000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	76156000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	132210000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3722000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	34385000	USD
CY2016Q4	us-gaap	Notes Payable NotesPayable	279151000	USD
CY2017Q2	us-gaap	Notes Payable NotesPayable	279316000	USD
CY2017Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	99	project
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	117846000	USD
	us-gaap	Operating Expenses OperatingExpenses	239268000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	124959000	USD
	us-gaap	Operating Expenses OperatingExpenses	250804000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	80135000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	157057000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	83090000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	164634000	USD
CY2016Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	192935000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	388243000	USD
CY2017Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	204246000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	408693000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1477000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-278000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2934000	USD
CY2016Q2	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	3488000	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	5800000	USD
CY2017Q2	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	3068000	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	5258000	USD
CY2017Q2	us-gaap	Partners Capital Account Units PartnersCapitalAccountUnits	787962	shares
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	23594000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	33622000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4371000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4077000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	2064000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	430000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	129770000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	168345000	USD
CY2016Q2	us-gaap	Percentage Rent PercentageRent	2482000	USD
	us-gaap	Percentage Rent PercentageRent	5551000	USD
CY2017Q2	us-gaap	Percentage Rent PercentageRent	2397000	USD
	us-gaap	Percentage Rent PercentageRent	5220000	USD
CY2016Q2	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2016	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2017Q2	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2016Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	271000	USD
CY2017Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	271000	USD
	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	0.677
	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	0.677
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.677
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.677
CY2016Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2017Q2	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2017Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2017Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	399896	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2017Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	399896	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	9997000	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	208555000	USD
CY2017Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	210678000	USD
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	3800000	USD
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	1672000	USD
	us-gaap	Proceeds From Divestiture Of Real Estate Partnership ProceedsFromDivestitureOfRealEstatePartnership	0	USD
	us-gaap	Proceeds From Divestiture Of Real Estate Partnership ProceedsFromDivestitureOfRealEstatePartnership	46731000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	245221000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	17390000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	399410000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	80000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	13068000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	41500000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	58898000	USD
	us-gaap	Profit Loss ProfitLoss	137961000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	78133000	USD
	us-gaap	Profit Loss ProfitLoss	136203000	USD
CY2016Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	33856000	USD
CY2017Q2	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1729234000	USD
CY2017Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1808326000	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	6759073000	USD
CY2017Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	7091427000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5029839000	USD
CY2017Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5283101000	USD
CY2016Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	23397000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	46191000	USD
CY2017Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	26522000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	51612000	USD
CY2016Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	143694000	USD
CY2017Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	152045000	USD
CY2016Q4	us-gaap	Rental Properties RentalProperties	6125957000	USD
CY2017Q2	us-gaap	Rental Properties RentalProperties	6371714000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	37233000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	53924000	USD
CY2016Q2	us-gaap	Revenues Revenues	197981000	USD
	us-gaap	Revenues Revenues	396325000	USD
CY2017Q2	us-gaap	Revenues Revenues	208049000	USD
	us-gaap	Revenues Revenues	415438000	USD
CY2016Q4	us-gaap	Secured Debt SecuredDebt	471117000	USD
CY2017Q2	us-gaap	Secured Debt SecuredDebt	414891000	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	16285000	USD
CY2017Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	16618000	USD
CY2016Q4	us-gaap	Senior Notes SeniorNotes	1976594000	USD
CY2017Q2	us-gaap	Senior Notes SeniorNotes	2377208000	USD
CY2016Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2198000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5425000	USD
CY2017Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2527000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5759000	USD
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	1253000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	13342000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3831000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1976733000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	1992367000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2075835000	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2086677000	USD
CY2016Q2	us-gaap	Straight Line Rent StraightLineRent	2700000	USD
	us-gaap	Straight Line Rent StraightLineRent	4700000	USD
CY2017Q2	us-gaap	Straight Line Rent StraightLineRent	3800000	USD
	us-gaap	Straight Line Rent StraightLineRent	7400000	USD
CY2016Q2	us-gaap	Tenant Reimbursements TenantReimbursements	36637000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	78439000	USD
CY2017Q2	us-gaap	Tenant Reimbursements TenantReimbursements	39877000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	81395000	USD
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70974000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70451000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72124000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72061000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70797000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70270000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72001000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	71928000	shares
	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="16" rowspan="1"></td></tr><tr><td style="width:49%;" 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><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><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><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;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;">Six 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;">June 30,</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="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;">June 30,</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;">2017</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;">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;">2017</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;">2016</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="15" 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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2.7</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">4.7</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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(1.7</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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(3.6</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2.1</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><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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">4.3</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></table></div></div></div>
	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;">June 30, 2017</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;">99</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>
	us-gaap	Revenue Recognition Percentage Of Completion Method RevenueRecognitionPercentageOfCompletionMethod	<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;">Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are currently under construction on </font><font style="font-family:inherit;font-size:10pt;">221</font><font style="font-family:inherit;font-size:10pt;"> condominium units at our Assembly Row and Pike & Rose properties. Gains or losses on the sale of these condominium units are recognized in accordance with the provisions of ASC Topic 360-20, “Property, Plant and Equipment – Real Estate Sales.” We account for contracted condominium sales under the percentage-of-completion method, based on an evaluation of the criteria specified in ASC Topic 360-20 including: the legal commitment of the purchaser in the real estate contract, whether the construction of the project is beyond a preliminary phase, whether sufficient units have been contracted to ensure the project will not revert to a rental project, the ability to reasonably estimate the aggregate project sale proceeds and aggregate project costs, and the determination that the buyer has made an adequate initial and continuing cash investment under the contract. When the percentage-of-completion criteria have not been met, no profit is recognized. The application of this criteria can be complex and requires us to make assumptions.</font></div></div>
	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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FEDERAL REALTY INVESTMENT TRUST Stock $frt

2017 Q2 Form 10-Q Financial Statement

#000003490317000025 Filed on August 02, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2017 Q2 Form 10-Q Financial Statement

#000003490317000025 Filed on August 02, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt