$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000003490318000016 Filed on May 02, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$225.4M	$207.4M
YoY Change	8.69%	4.56%
Cost Of Revenue	$73.20M	$66.20M
YoY Change	10.57%	0.91%
Gross Profit	$152.2M	$141.2M
YoY Change	7.79%	6.41%
Gross Profit Margin	67.52%	68.08%
Selling, General & Admin	$7.900M	$8.300M
YoY Change	-4.82%	3.75%
% of Gross Profit	5.19%	5.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$58.10M	$51.40M
YoY Change	13.04%	7.53%
% of Gross Profit	38.17%	36.4%
Operating Expenses	$139.3M	$125.8M
YoY Change	10.66%	3.64%
Operating Profit	$89.46M	$81.54M
YoY Change	9.71%	6.01%
Interest Expense	$26.18M	$23.76M
YoY Change	10.21%	0.12%
% of Operating Profit	29.27%	29.14%
Other Income/Expense, Net
YoY Change
Pretax Income	$62.90M	$57.90M
YoY Change	8.64%	8.63%
Income Tax
% Of Pretax Income
Net Earnings	$61.25M	$56.19M
YoY Change	9.0%	-26.98%
Net Earnings / Revenue	27.17%	27.09%
Basic Earnings Per Share	$0.81	$0.78
Diluted Earnings Per Share	$0.81	$0.78
COMMON SHARES
Basic Shares Outstanding	72.91M shares	71.86M shares
Diluted Shares Outstanding	72.97M shares	72.01M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$64.40M	$20.10M
YoY Change	220.4%	2.03%
Cash & Equivalents	$64.41M	$20.11M
Short-Term Investments
Other Short-Term Assets	$232.3M	$226.8M
YoY Change	2.43%	14.43%
Inventory
Prepaid Expenses
Receivables	$143.1M	$115.8M
Other Receivables	$30.50M	$29.90M
Total Short-Term Assets	$470.3M	$392.6M
YoY Change	19.79%	5.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.763B	$5.215B
YoY Change	10.5%	9.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$23.50M	$14.50M
YoY Change	62.07%	38.1%
Other Assets	$36.90M	$33.90M
YoY Change	8.85%
Total Long-Term Assets	$5.823B	$5.264B
YoY Change	10.63%	10.76%
TOTAL ASSETS
Total Short-Term Assets	$470.3M	$392.6M
Total Long-Term Assets	$5.823B	$5.264B
Total Assets	$6.294B	$5.656B
YoY Change	11.27%	10.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$181.4M	$191.9M
YoY Change	-5.47%	16.02%
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	$274.1M	$280.0M
YoY Change	-2.11%	12.54%
LONG-TERM LIABILITIES
Long-Term Debt	$3.335B	$3.013B
YoY Change	10.69%	13.32%
Other Long-Term Liabilities	$169.5M	$145.0M
YoY Change	16.9%	18.76%
Total Long-Term Liabilities	$3.505B	$3.158B
YoY Change	10.97%	13.55%
TOTAL LIABILITIES
Total Short-Term Liabilities	$274.1M	$280.0M
Total Long-Term Liabilities	$3.505B	$3.158B
Total Liabilities	$3.779B	$3.438B
YoY Change	9.91%	13.47%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$2.860B	$2.738B
YoY Change	4.49%	6.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.252B	$1.982B
YoY Change
Total Liabilities & Shareholders Equity	$6.294B	$5.656B
YoY Change	11.27%	10.36%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$61.25M	$56.19M
YoY Change	9.0%	-26.98%
Depreciation, Depletion And Amortization	$58.10M	$51.40M
YoY Change	13.04%	7.53%
Cash From Operating Activities	$124.2M	$123.9M
YoY Change	0.2%	18.17%
INVESTING ACTIVITIES
Capital Expenditures	-$89.30M	-$276.7M
YoY Change	-67.73%	39.96%
Acquisitions
YoY Change
Other Investing Activities	$43.10M	-$2.600M
YoY Change	-1757.69%	-35.0%
Cash From Investing Activities	-$46.18M	-$279.3M
YoY Change	-83.47%	38.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$1.336M	$17.36M
YoY Change	-92.3%	-90.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$29.50M	$154.0M
YoY Change	-119.16%	61.25%
NET CHANGE
Cash From Operating Activities	$124.2M	$123.9M
Cash From Investing Activities	-$46.18M	-$279.3M
Cash From Financing Activities	-$29.50M	$154.0M
Net Change In Cash	$48.50M	-$1.389M
YoY Change	-3591.72%	4.44%
FREE CASH FLOW
Cash From Operating Activities	$124.2M	$123.9M
Capital Expenditures	-$89.30M	-$276.7M
Free Cash Flow	$213.5M	$400.6M
YoY Change	-46.71%	32.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000034903
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	73221384	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	FEDERAL REALTY INVESTMENT TRUST
CY2017Q4	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	247410000	USD
CY2018Q1	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	257604000	USD
CY2017Q1	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	51379000	USD
CY2018Q1	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	58110000	USD
CY2017Q1	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	119084000	USD
CY2018Q1	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	69119000	USD
CY2017Q4	frt	Constructioninprogresofconsolidatedvariableieestentity Constructioninprogresofconsolidatedvariableieestentity	43393000	USD
CY2018Q1	frt	Constructioninprogresofconsolidatedvariableieestentity Constructioninprogresofconsolidatedvariableieestentity	39171000	USD
CY2018Q1	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	3178000	USD
CY2017Q1	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	70117000	USD
CY2018Q1	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	74925000	USD
CY2017Q1	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	541000	USD
CY2018Q1	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	477000	USD
CY2017Q1	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	235000	USD
CY2018Q1	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	253000	USD
CY2017Q1	frt	Gainonsaleofrealestatenet Gainonsaleofrealestatenet	70000	USD
CY2018Q1	frt	Gainonsaleofrealestatenet Gainonsaleofrealestatenet	3316000	USD
CY2017Q1	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	55750000	USD
CY2018Q1	frt	Income Loss From Continuing Operations Available For Common Shareholders IncomeLossFromContinuingOperationsAvailableForCommonShareholders	55668000	USD
CY2017Q1	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	4273000	USD
CY2018Q1	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	3163000	USD
CY2017Q1	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-5000	USD
CY2018Q1	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	180000	USD
CY2018Q1	frt	Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees	0.024
CY2018Q1	frt	Minimum Percentage Of Taxable Income Distributed To Shareholders MinimumPercentageOfTaxableIncomeDistributedToShareholders	0.9
CY2017Q4	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	460372000	USD
CY2018Q1	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	448641000	USD
CY2017Q1	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	55820000	USD
CY2018Q1	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	58984000	USD
CY2017Q1	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	1772000	USD
CY2018Q1	frt	Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate	1684000	USD
CY2018Q1	frt	Operating Partnership Units Fair Value OperatingPartnershipUnitsFairValue	88500000	USD
CY2017Q4	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	1639486000	USD
CY2018Q1	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	1659951000	USD
CY2017Q1	frt	Other Rental Income OtherRentalIncome	4460000	USD
CY2018Q1	frt	Other Rental Income OtherRentalIncome	4438000	USD
CY2017Q1	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	4795000	USD
CY2018Q1	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	5251000	USD
CY2017Q1	frt	Proceedsfromthesaleofrealestateandrealestatepartnershipinterests Proceedsfromthesaleofrealestateandrealestatepartnershipinterests	622000	USD
CY2018Q1	frt	Proceedsfromthesaleofrealestateandrealestatepartnershipinterests Proceedsfromthesaleofrealestateandrealestatepartnershipinterests	51459000	USD
CY2018Q1	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	61916000	USD
CY2017Q1	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	951000	USD
CY2018Q1	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	0	USD
CY2017Q1	frt	Revenue Mortgage Interest RevenueMortgageInterest	752000	USD
CY2018Q1	frt	Revenue Mortgage Interest RevenueMortgageInterest	757000	USD
CY2018Q1	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	3870000	USD
CY2017Q1	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	5918000	USD
CY2018Q1	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	0	USD
CY2017Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	209877000	USD
CY2018Q1	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	143148000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	196332000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	181361000	USD
CY2017Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	749367000	USD
CY2018Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	769311000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	22000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	489000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2855321000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2859717000	USD
CY2018Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	753000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3549000	USD
CY2018Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3870000	USD
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2018Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	682	shares
CY2017Q4	us-gaap	Assets Assets	6275755000	USD
CY2018Q1	us-gaap	Assets Assets	6293625000	USD
CY2017Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71556000	USD
CY2018Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	71547000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15188000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	64407000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	34849000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	33460000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25200000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	73700000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1389000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	48500000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.980
CY2018Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.00
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.980
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.00
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	73090877	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	73216520	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	73090877	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	73216520	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	733000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	735000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	57274000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	61714000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	59154000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	63398000	USD
CY2017Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	684873000	USD
CY2018Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	633090000	USD
CY2018Q1	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	-6028000	USD
CY2017Q4	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	169388000	USD
CY2018Q1	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	169460000	USD
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	51379000	USD
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58110000	USD
CY2017Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	41109000	USD
CY2018Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	44773000	USD
CY2018Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	73153000	USD
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	75931000	USD
CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	75667000	USD
CY2018Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	2010000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.78
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.78
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
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CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2017Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	317000	USD
CY2018Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	438000	USD
CY2017Q1	us-gaap	Gain Loss On Sale Of Properties Net Of Applicable Income Taxes GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes	178000	USD
CY2018Q1	us-gaap	Gain Loss On Sale Of Properties Net Of Applicable Income Taxes GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes	3316000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8267000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7929000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	56120000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	57931000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	57892000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	59615000	USD
CY2017Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2018Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-525000	USD
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	197000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	57000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-4390000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-2322000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	4136000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5380000	USD
CY2017Q1	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	3113000	USD
CY2018Q1	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	8057000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-3602000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4088000	USD
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	200000	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	143000	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	63000	shares
CY2017Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	5451000	USD
CY2018Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	6092000	USD
CY2017Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	29209000	USD
CY2018Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	32276000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	23758000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	26184000	USD
CY2017Q1	us-gaap	Interest Income Other InterestIncomeOther	106000	USD
CY2018Q1	us-gaap	Interest Income Other InterestIncomeOther	179000	USD
CY2017Q1	us-gaap	Interest Paid Net InterestPaidNet	25089000	USD
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	31832000	USD
CY2018Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	100000	USD
CY2018Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	500000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	23941000	USD
CY2018Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	23513000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3743084000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	3778974000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6275755000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6293625000	USD
CY2018Q1	us-gaap	Line Of Credit LineOfCredit	103000000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	99800000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	133000000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	800000000	USD
CY2017Q4	us-gaap	Minority Interest MinorityInterest	124808000	USD
CY2018Q1	us-gaap	Minority Interest MinorityInterest	121483000	USD
CY2018Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1348000	USD
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	30429000	USD
CY2018Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	30429000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	153954000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-29502000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-279276000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-46178000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	123933000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	124180000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	56190000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	61247000	USD
CY2017Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1880000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1684000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1015000	USD
CY2017Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	56055000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	59237000	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	320265000	USD
CY2018Q1	us-gaap	Notes Payable NotesPayable	382396000	USD
CY2018Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	104	project
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	125845000	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	139260000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	81544000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	86145000	USD
CY2017Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	204447000	USD
CY2018Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	220581000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	467000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1739000	USD
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1737000	USD
CY2017Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	2190000	USD
CY2018Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	4067000	USD
CY2018Q1	us-gaap	Partners Capital Account Units PartnersCapitalAccountUnits	762487	shares
CY2017Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	16366000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	20194000	USD
CY2017Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4061000	USD
CY2018Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	753000	USD
CY2017Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	118000	USD
CY2018Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	180000	USD
CY2017Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	141222000	USD
CY2018Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	USD
CY2017Q1	us-gaap	Percentage Rent PercentageRent	2823000	USD
CY2018Q1	us-gaap	Percentage Rent PercentageRent	2774000	USD
CY2017Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2018Q1	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.05417
CY2017Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	135000	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2010000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	237803000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	232281000	USD
CY2017Q1	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	0	USD
CY2018Q1	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	93000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	17359000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1336000	USD
CY2017Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	135000	USD
CY2018Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	69000	USD
CY2017Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	217000000	USD
CY2018Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	62000000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	58070000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	62931000	USD
CY2017Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	USD
CY2018Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	36905000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1876544000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1922110000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	7635061000	USD
CY2018Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	7721957000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5758517000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5799847000	USD
CY2017Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	25090000	USD
CY2018Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	28448000	USD
CY2017Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	141157000	USD
CY2018Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	141541000	USD
CY2017Q4	us-gaap	Rental Properties RentalProperties	6950188000	USD
CY2018Q1	us-gaap	Rental Properties RentalProperties	7051962000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1567000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	11978000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10012000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	9293000	USD
CY2017Q1	us-gaap	Revenues Revenues	207389000	USD
CY2018Q1	us-gaap	Revenues Revenues	225405000	USD
CY2017Q4	us-gaap	Secured Debt SecuredDebt	491505000	USD
CY2018Q1	us-gaap	Secured Debt SecuredDebt	479333000	USD
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	16667000	USD
CY2018Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	17072000	USD
CY2017Q4	us-gaap	Senior Notes SeniorNotes	2401440000	USD
CY2018Q1	us-gaap	Senior Notes SeniorNotes	2402138000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3232000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3432000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	547000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1262000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2266706000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	2251627000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2391514000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2373110000	USD
CY2017Q1	us-gaap	Straight Line Rent StraightLineRent	3600000	USD
CY2018Q1	us-gaap	Straight Line Rent StraightLineRent	1900000	USD
CY2017Q1	us-gaap	Tenant Reimbursements TenantReimbursements	41518000	USD
CY2018Q1	us-gaap	Tenant Reimbursements TenantReimbursements	45204000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72005000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	72968000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	71862000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72905000	shares
CY2018Q1	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;">2018</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></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(In millions)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Straight-line rents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">3.6</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><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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(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></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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2018Q1	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;">March 31, 2018</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;">104</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>
CY2018Q1	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

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FEDERAL REALTY INVESTMENT TRUST Stock $frt

2018 Q1 Form 10-Q Financial Statement

#000003490318000016 Filed on May 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2018 Q1 Form 10-Q Financial Statement

#000003490318000016 Filed on May 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt