2018 Q2 Form 10-Q Financial Statement
#000003490318000024 Filed on August 01, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $224.9M | $208.0M |
YoY Change | 8.1% | 5.09% |
Cost Of Revenue | $68.20M | $63.70M |
YoY Change | 7.06% | 5.46% |
Gross Profit | $156.7M | $144.4M |
YoY Change | 8.52% | 4.94% |
Gross Profit Margin | 69.67% | 69.41% |
Selling, General & Admin | $8.400M | $8.600M |
YoY Change | -2.33% | -4.44% |
% of Gross Profit | 5.36% | 5.96% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $58.40M | $52.60M |
YoY Change | 11.03% | 8.68% |
% of Gross Profit | 37.27% | 36.43% |
Operating Expenses | $135.0M | $125.0M |
YoY Change | 8.04% | 6.04% |
Operating Profit | $93.87M | $83.09M |
YoY Change | 12.97% | 3.69% |
Interest Expense | $27.77M | $23.91M |
YoY Change | 16.14% | 3.49% |
% of Operating Profit | 29.58% | 28.77% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $65.50M | $59.10M |
YoY Change | 10.83% | 3.5% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $63.60M | $76.29M |
YoY Change | -16.64% | 36.38% |
Net Earnings / Revenue | 28.28% | 36.67% |
Basic Earnings Per Share | $0.84 | $1.05 |
Diluted Earnings Per Share | $0.84 | $1.05 |
COMMON SHARES | ||
Basic Shares Outstanding | 72.99M shares | 72.00M shares |
Diluted Shares Outstanding | 73.03M shares | 72.12M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $56.10M | $96.30M |
YoY Change | -41.74% | 417.74% |
Cash & Equivalents | $56.12M | $96.33M |
Short-Term Investments | ||
Other Short-Term Assets | $268.7M | $210.7M |
YoY Change | 27.53% | 6.85% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $149.9M | $169.0M |
Other Receivables | $30.40M | $30.40M |
Total Short-Term Assets | $505.1M | $506.4M |
YoY Change | -0.26% | 36.2% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.747B | $5.283B |
YoY Change | 8.78% | 9.91% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $22.60M | $14.00M |
YoY Change | 61.43% | 42.86% |
Other Assets | $27.80M | $0.00 |
YoY Change | ||
Total Long-Term Assets | $5.798B | $5.297B |
YoY Change | 9.45% | 9.97% |
TOTAL ASSETS | ||
Total Short-Term Assets | $505.1M | $506.4M |
Total Long-Term Assets | $5.798B | $5.297B |
Total Assets | $6.303B | $5.804B |
YoY Change | 8.6% | 11.85% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $178.7M | $190.5M |
YoY Change | -6.19% | 10.76% |
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 | $271.6M | $278.8M |
YoY Change | -2.58% | 8.99% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.321B | $3.143B |
YoY Change | 5.65% | 17.94% |
Other Long-Term Liabilities | $181.6M | $143.0M |
YoY Change | 26.99% | 20.57% |
Total Long-Term Liabilities | $3.502B | $3.286B |
YoY Change | 6.58% | 18.05% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $271.6M | $278.8M |
Total Long-Term Liabilities | $3.502B | $3.286B |
Total Liabilities | $3.774B | $3.565B |
YoY Change | 5.86% | 17.29% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $2.886B | $2.743B |
YoY Change | 5.21% | 3.62% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.265B | $1.992B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $6.303B | $5.804B |
YoY Change | 8.6% | 11.85% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $63.60M | $76.29M |
YoY Change | -16.64% | 36.38% |
Depreciation, Depletion And Amortization | $58.40M | $52.60M |
YoY Change | 11.03% | 8.68% |
Cash From Operating Activities | $138.9M | $114.8M |
YoY Change | 20.99% | 16.31% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$98.20M | -$151.2M |
YoY Change | -35.05% | 54.6% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $65.70M | $43.80M |
YoY Change | 50.0% | -3228.57% |
Cash From Investing Activities | -$32.50M | -$107.4M |
YoY Change | -69.74% | 8.27% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -71.20M | 67.10M |
YoY Change | -206.11% | -11283.33% |
NET CHANGE | ||
Cash From Operating Activities | 138.9M | 114.8M |
Cash From Investing Activities | -32.50M | -107.4M |
Cash From Financing Activities | -71.20M | 67.10M |
Net Change In Cash | 35.20M | 74.50M |
YoY Change | -52.75% | -6872.73% |
FREE CASH FLOW | ||
Cash From Operating Activities | $138.9M | $114.8M |
Capital Expenditures | -$98.20M | -$151.2M |
Free Cash Flow | $237.1M | $266.0M |
YoY Change | -10.86% | 35.37% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Straight Line Rent
StraightLineRent
|
7400000 | USD | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.96 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.00 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
FEDERAL REALTY INVESTMENT TRUST | ||
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
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000034903 | ||
CY2018Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
73491303 | shares |
CY2017Q4 | frt |
Accumulated Depreciation And Amortization Consolidated Variable Interest Entities
AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities
|
247410000 | USD |
CY2018Q2 | frt |
Accumulated Depreciation And Amortization Consolidated Variable Interest Entities
AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities
|
268723000 | USD |
frt |
Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
|
104045000 | USD | |
frt |
Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
|
116491000 | USD | |
frt |
Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
|
229198000 | USD | |
frt |
Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
|
150119000 | USD | |
frt |
Capitalizedinternalleasingandexternallegalleasingcosts
Capitalizedinternalleasingandexternallegalleasingcosts
|
3600000 | USD | |
CY2017Q4 | frt |
Constructioninprogresofconsolidatedvariableieestentity
Constructioninprogresofconsolidatedvariableieestentity
|
43393000 | USD |
CY2018Q2 | frt |
Constructioninprogresofconsolidatedvariableieestentity
Constructioninprogresofconsolidatedvariableieestentity
|
47251000 | USD |
frt |
Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
|
3009000 | USD | |
frt |
Conversion And Redemption Of Operating Partnership Units
ConversionAndRedemptionOfOperatingPartnershipUnits
|
4386000 | USD | |
frt |
Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
|
140447000 | USD | |
frt |
Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
|
149603000 | USD | |
frt |
Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
|
1036000 | USD | |
frt |
Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
|
955000 | USD | |
CY2017Q2 | frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
251000 | USD |
frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
468000 | USD | |
CY2018Q2 | frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
255000 | USD |
frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
508000 | USD | |
CY2017Q2 | frt |
Gainonsaleofrealestatenet
Gainonsaleofrealestatenet
|
18814000 | USD |
frt |
Gainonsaleofrealestatenet
Gainonsaleofrealestatenet
|
18884000 | USD | |
CY2018Q2 | frt |
Gainonsaleofrealestatenet
Gainonsaleofrealestatenet
|
3972000 | USD |
frt |
Gainonsaleofrealestatenet
Gainonsaleofrealestatenet
|
7288000 | 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 | |
CY2018Q2 | frt |
Income Loss From Continuing Operations Available For Common Shareholders
IncomeLossFromContinuingOperationsAvailableForCommonShareholders
|
57357000 | USD |
frt |
Income Loss From Continuing Operations Available For Common Shareholders
IncomeLossFromContinuingOperationsAvailableForCommonShareholders
|
113025000 | USD | |
frt |
Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
|
4773000 | USD | |
frt |
Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
|
4027000 | USD | |
frt |
Issuance And Repayments Of Mortgage And Other Notes Receivable Net
IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet
|
514000 | USD | |
frt |
Issuance And Repayments Of Mortgage And Other Notes Receivable Net
IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet
|
323000 | USD | |
CY2018Q2 | frt |
Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees
LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees
|
0.027 | |
frt |
Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees
LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees
|
0.025 | ||
frt |
Minimum Percentage Of Taxable Income Distributed To Shareholders
MinimumPercentageOfTaxableIncomeDistributedToShareholders
|
0.9 | ||
CY2017Q4 | frt |
Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
|
460372000 | USD |
CY2018Q2 | frt |
Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
|
447246000 | 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 | |
CY2018Q2 | frt |
Net Income Available For Common Shareholders Basic And Diluted
NetIncomeAvailableForCommonShareholdersBasicAndDiluted
|
61329000 | USD |
frt |
Net Income Available For Common Shareholders Basic And Diluted
NetIncomeAvailableForCommonShareholdersBasicAndDiluted
|
120313000 | USD | |
CY2017Q2 | frt |
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
|
1660000 | USD |
frt |
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
|
3432000 | USD | |
CY2018Q2 | frt |
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
|
1938000 | USD |
frt |
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
Netincomeattributabletononcontrollinginterestsnetofamountsfromgainonrealestate
|
3622000 | USD | |
CY2018Q2 | frt |
Operating Partnership Units Fair Value
OperatingPartnershipUnitsFairValue
|
95200000 | USD |
CY2017Q4 | frt |
Operating Real Estate From Consolidated Variable Interest Entities
OperatingRealEstateFromConsolidatedVariableInterestEntities
|
1639486000 | USD |
CY2018Q2 | frt |
Operating Real Estate From Consolidated Variable Interest Entities
OperatingRealEstateFromConsolidatedVariableInterestEntities
|
1660403000 | USD |
CY2017Q2 | frt |
Other Rental Income
OtherRentalIncome
|
4255000 | USD |
frt |
Other Rental Income
OtherRentalIncome
|
8715000 | USD | |
CY2018Q2 | frt |
Other Rental Income
OtherRentalIncome
|
4710000 | USD |
frt |
Other Rental Income
OtherRentalIncome
|
9148000 | USD | |
frt |
Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
|
10312000 | USD | |
frt |
Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
|
9086000 | USD | |
frt |
Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts
Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts
|
0 | USD | |
frt |
Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts
Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts
|
12353000 | USD | |
frt |
Proceedsfromthesaleofrealestateandrealestatepartnershipinterests
Proceedsfromthesaleofrealestateandrealestatepartnershipinterests
|
46731000 | USD | |
frt |
Proceedsfromthesaleofrealestateandrealestatepartnershipinterests
Proceedsfromthesaleofrealestateandrealestatepartnershipinterests
|
121391000 | USD | |
frt |
Profit Loss Excluding Redeemable Noncontrolling Interests
ProfitLossExcludingRedeemableNoncontrollingInterests
|
126466000 | USD | |
frt |
Redemptionofoperatingpartnershipunitsforcommonshares
Redemptionofoperatingpartnershipunitsforcommonshares
|
2569000 | USD | |
frt |
Redemptionofoperatingpartnershipunitsforcommonshares
Redemptionofoperatingpartnershipunitsforcommonshares
|
0 | USD | |
frt |
Refinanceofmortgageloan
Refinanceofmortgageloan
|
125000000 | USD | |
frt |
Refinanceofmortgageloan
Refinanceofmortgageloan
|
0 | USD | |
CY2017Q2 | frt |
Revenue Mortgage Interest
RevenueMortgageInterest
|
735000 | USD |
frt |
Revenue Mortgage Interest
RevenueMortgageInterest
|
1487000 | USD | |
CY2018Q2 | frt |
Revenue Mortgage Interest
RevenueMortgageInterest
|
734000 | USD |
frt |
Revenue Mortgage Interest
RevenueMortgageInterest
|
1491000 | USD | |
frt |
Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
|
7144000 | USD | |
frt |
Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest
ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest
|
5918000 | USD | |
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 |
CY2018Q2 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
149861000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
196332000 | USD |
CY2018Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
178665000 | USD |
CY2017Q4 | us-gaap |
Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
|
749367000 | USD |
CY2018Q2 | us-gaap |
Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
|
780973000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
22000 | USD |
CY2018Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
412000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2855321000 | USD |
CY2018Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2884771000 | USD |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
777000 | USD | |
CY2017Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2908000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6457000 | USD | |
CY2018Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3274000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7144000 | USD | |
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 | |
CY2018Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
682 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
682 | shares | |
CY2017Q4 | us-gaap |
Assets
Assets
|
6275755000 | USD |
CY2018Q2 | us-gaap |
Assets
Assets
|
6302703000 | USD |
CY2017Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
71556000 | USD |
CY2018Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
71538000 | USD |
CY2018Q2 | us-gaap |
Capital Leased Assets Number Of Units
CapitalLeasedAssetsNumberOfUnits
|
4 | lease |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15188000 | USD |
CY2018Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
56116000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34849000 | USD |
CY2017Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
107918000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25200000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
108962000 | USD |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
73069000 | USD | |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
83762000 | USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2018Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.96 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
2.00 | ||
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73090877 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73434943 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73090877 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73434943 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
733000 | USD |
CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
737000 | USD |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
76684000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
133958000 | USD | |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
63518000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
125232000 | 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 | |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
65456000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
128854000 | USD | |
CY2017Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
684873000 | USD |
CY2018Q2 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
535658000 | USD |
us-gaap |
Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
|
-6028000 | USD | |
CY2017Q4 | us-gaap |
Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
|
169388000 | USD |
CY2018Q2 | us-gaap |
Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
|
181601000 | USD |
CY2017Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
52666000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
104045000 | USD | |
CY2018Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
58381000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
116491000 | 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 | |
CY2018Q2 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
39905000 | USD |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
84678000 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
146399000 | USD | |
CY2017Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
75931000 | USD |
CY2018Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
75757000 | USD |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
4021000 | USD | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.83 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.65 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.83 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.84 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.84 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.65 | ||
CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
381000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
698000 | USD | |
us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
19174000 | USD | |
CY2018Q2 | us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
3972000 | USD |
us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
7288000 | USD | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8643000 | USD |
CY2018Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
488000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
926000 | USD | |
CY2017Q2 | us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
18996000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16910000 | USD | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8413000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16342000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
57477000 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
113597000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
59623000 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
117554000 | 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 | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
61561000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
121176000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-114000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-114000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-728000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1253000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
341000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
692000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-3467000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
3805000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1065000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1286000 | USD | |
us-gaap |
Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
|
6273000 | USD | |
us-gaap |
Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
|
12339000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9928000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-10077000 | USD | |
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 | |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
300000 | shares |
us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
300000 | 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 | |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
35000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
49000 | shares | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
11639000 | USD | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
10735000 | USD | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
59304000 | USD | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
64685000 | USD | |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
23907000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
47665000 | USD | |
CY2018Q2 | us-gaap |
Interest Expense
InterestExpense
|
27766000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
53950000 | USD | |
CY2017Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
68000 | USD |
us-gaap |
Interest Income Other
InterestIncomeOther
|
174000 | USD | |
CY2018Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
159000 | USD |
us-gaap |
Interest Income Other
InterestIncomeOther
|
338000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
47995000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
52997000 | USD | |
CY2018Q2 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
200000 | USD |
us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
100000 | USD | |
CY2018Q2 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
400000 | USD |
CY2017Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
23941000 | USD |
CY2018Q2 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
22613000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
3743084000 | USD |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
3773694000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6275755000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6302703000 | USD |
CY2018Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
89000000 | USD |
CY2018Q2 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
119800000 | USD |
us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
109900000 | USD | |
CY2018Q2 | us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
177000000 | USD |
us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
177000000 | USD | |
CY2018Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
800000000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
124808000 | USD |
CY2018Q2 | us-gaap |
Minority Interest
MinorityInterest
|
122648000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
2767000 | USD | |
CY2017Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
30429000 | USD |
CY2018Q2 | 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
|
221108000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-100654000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-386699000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-78695000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
238660000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
263111000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
76291000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
132481000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
63595000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
124842000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1842000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3722000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1938000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3622000 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
1998000 | 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 | |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
61584000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
120821000 | USD | |
CY2017Q4 | us-gaap |
Notes Payable
NotesPayable
|
320265000 | USD |
CY2018Q2 | us-gaap |
Notes Payable
NotesPayable
|
368389000 | USD |
CY2018Q2 | us-gaap |
Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
|
14 | property |
CY2018Q2 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
105 | project |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
124959000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
250804000 | USD | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
135006000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
274266000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
83090000 | USD |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
89896000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
176041000 | USD | |
CY2018Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
220476000 | USD |
CY2017Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
204246000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
164634000 | USD | |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
408693000 | USD | |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
441057000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
390000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1761000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2825000 | USD | |
CY2017Q2 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
3068000 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
5258000 | USD | |
CY2018Q2 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
3692000 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
7759000 | USD | |
CY2018Q2 | us-gaap |
Partners Capital Account Units
PartnersCapitalAccountUnits
|
752036 | shares |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
33622000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
35654000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4077000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
777000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
430000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
120000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
165065000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
1736000 | USD | |
CY2017Q2 | us-gaap |
Percentage Rent
PercentageRent
|
2397000 | USD |
us-gaap |
Percentage Rent
PercentageRent
|
5220000 | USD | |
CY2018Q2 | us-gaap |
Percentage Rent
PercentageRent
|
2707000 | USD |
us-gaap |
Percentage Rent
PercentageRent
|
5481000 | USD | |
CY2017Q2 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.05417 | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.05417 | ||
CY2018Q2 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.05417 | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.05417 | ||
CY2017Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
135000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
271000 | USD | |
CY2018Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2011000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
4021000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | shares |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
237803000 | USD |
CY2018Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
268747000 | USD |
us-gaap |
Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
|
1672000 | USD | |
us-gaap |
Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
|
205000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
17390000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
22492000 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
399410000 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
13068000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1728000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
48000000 | USD | |
CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
78133000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
136203000 | USD | |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
65533000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
128464000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
0 | USD |
CY2018Q2 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
27773000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1876544000 | USD |
CY2018Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1970173000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
7635061000 | USD |
CY2018Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
7745110000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
5758517000 | USD |
CY2018Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
5774937000 | USD |
CY2017Q2 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
26522000 | USD |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
51612000 | USD | |
CY2018Q2 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
28307000 | USD |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
56755000 | USD | |
CY2017Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
141157000 | USD |
CY2018Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
141417000 | USD |
CY2017Q4 | us-gaap |
Rental Properties
RentalProperties
|
6950188000 | USD |
CY2018Q2 | us-gaap |
Rental Properties
RentalProperties
|
7181679000 | USD |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
53924000 | USD | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
13408000 | USD | |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
10012000 | USD |
CY2018Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
52846000 | USD |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
208049000 | USD |
us-gaap |
Revenues
Revenues
|
415438000 | USD | |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
224902000 | USD |
us-gaap |
Revenues
Revenues
|
450307000 | USD | |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
491505000 | USD |
CY2018Q2 | us-gaap |
Secured Debt
SecuredDebt
|
477706000 | USD |
CY2017Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
16667000 | USD |
CY2018Q2 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
17187000 | USD |
CY2017Q4 | us-gaap |
Senior Notes
SeniorNotes
|
2401440000 | USD |
CY2018Q2 | us-gaap |
Senior Notes
SeniorNotes
|
2402851000 | USD |
CY2017Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2527000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5759000 | USD | |
CY2018Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2786000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6218000 | USD | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1086000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
18320000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4041000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2266706000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2264944000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2391514000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2387592000 | USD |
CY2017Q2 | us-gaap |
Straight Line Rent
StraightLineRent
|
3800000 | USD |
CY2018Q2 | us-gaap |
Straight Line Rent
StraightLineRent
|
1400000 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
3300000 | USD | |
CY2017Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
39877000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
81395000 | USD | |
CY2018Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
42531000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
87735000 | USD | |
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 | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73025000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72997000 | 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 | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72990000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72948000 | 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;">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><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;">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="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;">1.4</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">3.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of above market leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(1.3</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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">(3.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><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;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amortization of below market leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">2.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">4.8</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;">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></tr></table></div></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
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<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, 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;">105</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 |
Use Of Estimates
UseOfEstimates
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<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> |