$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2021 Q2 Form 10-Q Financial Statement

#000003490321000060 Filed on August 04, 2021

Income Statement

Concept	2021 Q2	2020 Q2
Revenue	$231.6M	$176.2M
YoY Change	31.44%	-23.53%
Cost Of Revenue	$72.24M	$67.00M
YoY Change	7.82%	0.6%
Gross Profit	$159.4M	$109.2M
YoY Change	45.96%	-33.37%
Gross Profit Margin	68.81%	61.97%
Selling, General & Admin	$12.85M	$9.800M
YoY Change	31.08%	-14.04%
% of Gross Profit	8.06%	8.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$67.65M	$62.80M
YoY Change	7.72%	6.26%
% of Gross Profit	42.44%	57.51%
Operating Expenses	$152.8M	$139.6M
YoY Change	9.42%	1.85%
Operating Profit	$78.86M	$48.30M
YoY Change	63.29%	-55.93%
Interest Expense	$31.18M	$34.07M
YoY Change	-8.5%	23.98%
% of Operating Profit	39.53%	70.55%
Other Income/Expense, Net
YoY Change
Pretax Income	$48.06M	$10.90M
YoY Change	340.91%	-86.82%
Income Tax
% Of Pretax Income
Net Earnings	$46.20M	$10.51M
YoY Change	339.74%	-87.01%
Net Earnings / Revenue	19.95%	5.96%
Basic Earnings Per Share	$0.57	$0.11
Diluted Earnings Per Share	$0.57	$0.11
COMMON SHARES
Basic Shares Outstanding	77.47M shares	75.39M shares
Diluted Shares Outstanding	77.51M shares	75.39M shares

Balance Sheet

Concept	2021 Q2	2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$304.3M	$980.0M
YoY Change	-68.95%	825.4%
Cash & Equivalents	$304.3M	$980.0M
Short-Term Investments
Other Short-Term Assets	$218.3M	$185.1M
YoY Change	17.95%	9.46%
Inventory
Prepaid Expenses
Receivables	$153.3M	$167.6M
Other Receivables	$9.534M	$30.40M
Total Short-Term Assets	$685.4M	$1.363B
YoY Change	-49.72%	206.8%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.969B	$6.382B
YoY Change	9.21%	8.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$11.56M	$22.90M
YoY Change	-49.52%	-25.65%
Other Assets	$12.67M	$22.30M
YoY Change	-43.19%	-44.67%
Total Long-Term Assets	$6.993B	$6.427B
YoY Change	8.82%	8.21%
TOTAL ASSETS
Total Short-Term Assets	$685.4M	$1.363B
Total Long-Term Assets	$6.993B	$6.427B
Total Assets	$7.679B	$7.790B
YoY Change	-1.43%	22.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$253.1M	$244.5M
YoY Change	3.51%	38.06%
Accrued Expenses	$74.13M	$73.50M
YoY Change	0.86%	-1.34%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$435.5M	$418.8M
YoY Change	3.98%	19.32%
LONG-TERM LIABILITIES
Long-Term Debt	$4.245B	$4.534B
YoY Change	-6.37%	40.38%
Other Long-Term Liabilities	$210.0M	$146.4M
YoY Change	43.41%	-7.05%
Total Long-Term Liabilities	$4.455B	$4.680B
YoY Change	-4.82%	38.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$435.5M	$418.8M
Total Long-Term Liabilities	$4.455B	$4.680B
Total Liabilities	$4.890B	$5.099B
YoY Change	-4.1%	36.4%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$3.396B	$3.171B
YoY Change	7.09%	2.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.490B	$2.434B
YoY Change
Total Liabilities & Shareholders Equity	$7.679B	$7.790B
YoY Change	-1.43%	22.03%

Cashflow Statement

Concept	2021 Q2	2020 Q2
OPERATING ACTIVITIES
Net Income	$46.20M	$10.51M
YoY Change	339.74%	-87.01%
Depreciation, Depletion And Amortization	$67.65M	$62.80M
YoY Change	7.72%	6.26%
Cash From Operating Activities	$132.1M	$62.70M
YoY Change	110.7%	-54.37%
INVESTING ACTIVITIES
Capital Expenditures	-$460.8M	-$123.5M
YoY Change	273.12%	33.08%
Acquisitions
YoY Change
Other Investing Activities	$25.63M	$18.20M
YoY Change	40.81%	-78.18%
Cash From Investing Activities	-$435.2M	-$105.4M
YoY Change	312.88%	1021.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-188.5M	24.50M
YoY Change	-869.37%	-135.0%
NET CHANGE
Cash From Operating Activities	132.1M	62.70M
Cash From Investing Activities	-435.2M	-105.4M
Cash From Financing Activities	-188.5M	24.50M
Net Change In Cash	-491.6M	-18.20M
YoY Change	2600.88%	-131.38%
FREE CASH FLOW
Cash From Operating Activities	$132.1M	$62.70M
Capital Expenditures	-$460.8M	-$123.5M
Free Cash Flow	$592.9M	$186.2M
YoY Change	218.43%	-19.11%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	212623000	USD
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	137720000	USD
	dei	Entity Central Index Key EntityCentralIndexKey	0000034903
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Amendment Flag AmendmentFlag	false
CY2021Q2	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	2184537000	USD
CY2020Q4	frt	Operating Real Estate From Consolidated Variable Interest Entities OperatingRealEstateFromConsolidatedVariableInterestEntities	1703202000	USD
CY2021Q2	frt	Constructioninprogresofconsolidatedvariableieestentity Constructioninprogresofconsolidatedvariableieestentity	24679000	USD
CY2020Q4	frt	Constructioninprogresofconsolidatedvariableieestentity Constructioninprogresofconsolidatedvariableieestentity	44896000	USD
CY2021Q2	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	359198000	USD
CY2020Q4	frt	Accumulated Depreciation And Amortization Consolidated Variable Interest Entities AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities	335735000	USD
CY2021Q2	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	396732000	USD
CY2020Q4	frt	Mortgage Payable From Consolidated Variable Interest Entities MortgagePayableFromConsolidatedVariableInterestEntities	413681000	USD
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2021Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	77760588	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	76727394	shares
CY2021Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	77760588	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	76727394	shares
CY2021Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1069000	USD
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1877000	USD
CY2020Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	142000	USD
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1157000	USD
CY2021Q2	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	-119000	USD
	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	231000	USD
CY2020Q2	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	0	USD
	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	0	USD
CY2021Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.06
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.12
CY2020Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.05
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.10
CY2021Q2	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	1039000	USD
	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	1735000	USD
CY2020Q2	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	93000	USD
	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	847000	USD
CY2021Q2	frt	Contributions From Redeemable Noncontrolling Interests ContributionsFromRedeemableNoncontrollingInterests	74530000	USD
	frt	Contributions From Redeemable Noncontrolling Interests ContributionsFromRedeemableNoncontrollingInterests	74530000	USD
CY2020Q2	frt	Contributions From Redeemable Noncontrolling Interests ContributionsFromRedeemableNoncontrollingInterests	0	USD
	frt	Contributions From Redeemable Noncontrolling Interests ContributionsFromRedeemableNoncontrollingInterests	19515000	USD
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2021-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-07533
	dei	Entity Registrant Name EntityRegistrantName	FEDERAL REALTY INVESTMENT TRUST
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	52-0782497
	dei	Entity Address Address Line1 EntityAddressAddressLine1	909 Rose Avenue, Suite 200
	dei	Entity Address City Or Town EntityAddressCityOrTown	North Bethesda
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MD
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	20852
	dei	City Area Code CityAreaCode	301
	dei	Local Phone Number LocalPhoneNumber	998-8100
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2021Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	77768140	shares
CY2021Q2	us-gaap	Rental Properties RentalProperties	8412137000	USD
CY2020Q4	us-gaap	Rental Properties RentalProperties	7771981000	USD
CY2021Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	858488000	USD
CY2020Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	810889000	USD
CY2021Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	9270625000	USD
CY2020Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	8582870000	USD
CY2021Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2444329000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2357692000	USD
CY2021Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6826296000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6225178000	USD
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	304268000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	798329000	USD
CY2021Q2	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	153293000	USD
CY2020Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	159780000	USD
CY2021Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	9534000	USD
CY2020Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	39892000	USD
CY2021Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	11560000	USD
CY2020Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	22128000	USD
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	92457000	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	92248000	USD
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	50474000	USD
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	51116000	USD
CY2021Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	230994000	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	218953000	USD
CY2021Q2	us-gaap	Assets Assets	7678876000	USD
CY2020Q4	us-gaap	Assets Assets	7607624000	USD
CY2021Q2	us-gaap	Secured Debt SecuredDebt	466026000	USD
CY2020Q4	us-gaap	Secured Debt SecuredDebt	484111000	USD
CY2021Q2	us-gaap	Notes Payable NotesPayable	301625000	USD
CY2020Q4	us-gaap	Notes Payable NotesPayable	402776000	USD
CY2021Q2	us-gaap	Unsecured Debt UnsecuredDebt	3405282000	USD
CY2020Q4	us-gaap	Unsecured Debt UnsecuredDebt	3404488000	USD
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	782000	USD
CY2021Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	253092000	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	228641000	USD
CY2021Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	84881000	USD
CY2020Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	83839000	USD
CY2021Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	23381000	USD
CY2020Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	20388000	USD
CY2021Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	74129000	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	72441000	USD
CY2021Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	72041000	USD
CY2020Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	72049000	USD
CY2021Q2	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	209957000	USD
CY2020Q4	us-gaap	Deferred Credits And Other Liabilities DeferredCreditsAndOtherLiabilities	152424000	USD
CY2021Q2	us-gaap	Liabilities Liabilities	4890414000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	4921157000	USD
CY2021Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	771000	USD
CY2021Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3395189000	USD
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CY2021Q2	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	1062641000	USD
CY2020Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	988272000	USD
CY2021Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3238000	USD
CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-5644000	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	2490089000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	2464157000	USD
CY2021Q2	us-gaap	Minority Interest MinorityInterest	85750000	USD
CY2020Q4	us-gaap	Minority Interest MinorityInterest	84590000	USD
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2575839000	USD
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	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	447930000	USD
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CY2020Q2	frt	Revenue Mortgage Interest RevenueMortgageInterest	748000	USD
	frt	Revenue Mortgage Interest RevenueMortgageInterest	1856000	USD
	frt	Revenue Mortgage Interest RevenueMortgageInterest	1507000	USD
CY2021Q2	us-gaap	Revenues Revenues	231625000	USD
CY2020Q2	us-gaap	Revenues Revenues	176227000	USD
	us-gaap	Revenues Revenues	449786000	USD
	us-gaap	Revenues Revenues	407784000	USD
CY2021Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	42918000	USD
CY2020Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	36417000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	92156000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	80729000	USD
CY2021Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	29323000	USD
CY2020Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	30599000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	58743000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	59663000	USD
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12846000	USD
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	23104000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20065000	USD
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	us-gaap	Depreciation And Amortization DepreciationAndAmortization	131549000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	124972000	USD
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	152762000	USD
CY2020Q2	us-gaap	Operating Expenses OperatingExpenses	139614000	USD
	us-gaap	Operating Expenses OperatingExpenses	305552000	USD
	us-gaap	Operating Expenses OperatingExpenses	285429000	USD
CY2021Q2	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	0	USD
CY2020Q2	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	11682000	USD
	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	17428000	USD
	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	11682000	USD
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	78863000	USD
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	48295000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	161662000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	134037000	USD
CY2021Q2	us-gaap	Interest Income Other InterestIncomeOther	250000	USD
CY2020Q2	us-gaap	Interest Income Other InterestIncomeOther	509000	USD
	us-gaap	Interest Income Other InterestIncomeOther	613000	USD
	us-gaap	Interest Income Other InterestIncomeOther	817000	USD
CY2021Q2	us-gaap	Interest Expense InterestExpense	31177000	USD
CY2020Q2	us-gaap	Interest Expense InterestExpense	34073000	USD
	us-gaap	Interest Expense InterestExpense	63262000	USD
	us-gaap	Interest Expense InterestExpense	62518000	USD
CY2021Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	123000	USD
CY2020Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-3872000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1215000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5036000	USD
CY2021Q2	us-gaap	Profit Loss ProfitLoss	48059000	USD
CY2020Q2	us-gaap	Profit Loss ProfitLoss	10859000	USD
	us-gaap	Profit Loss ProfitLoss	97798000	USD
	us-gaap	Profit Loss ProfitLoss	67300000	USD
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1855000	USD
CY2020Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	352000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3358000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2030000	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	46204000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	10507000	USD
	us-gaap	Net Income Loss NetIncomeLoss	94440000	USD
	us-gaap	Net Income Loss NetIncomeLoss	65270000	USD
CY2021Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2011000	USD
CY2020Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2011000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4021000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4021000	USD
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	44193000	USD
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8496000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	90419000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	61249000	USD
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.57
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.16
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77474000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	75394000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77160000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	75377000	shares
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.57
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.16
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	77505000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75394000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	77162000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75377000	shares
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	47002000	USD
CY2020Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	10366000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	100435000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	60355000	USD
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	45266000	USD
CY2020Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	10014000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	96846000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	58325000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2548747000	USD
	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	95921000	USD
	frt	Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest	2406000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	164788000	USD
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	4021000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1727000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	87133000	USD
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	1019000	USD
	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	7507000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2813000	USD
	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	99000	USD
	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	6554000	USD
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2575839000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2604960000	USD
CY2021Q2	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	46990000	USD
CY2021Q2	frt	Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest	-938000	USD
CY2021Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	82417000	USD
CY2021Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	2011000	USD
CY2021Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	943000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-81000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	474000	USD
CY2021Q2	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	3358000	USD
CY2021Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8000	USD
CY2021Q2	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	99000	USD
CY2021Q2	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	6554000	USD
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2575839000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2636132000	USD
	frt	Adoption Of New Accounting Standard AdoptionOfNewAccountingStandard	-510000	USD
	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	66143000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-6945000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	158810000	USD
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	4021000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1677000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2000	USD
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	955000	USD
	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	7029000	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3997000	USD
	frt	Conversion And Redemption Of Operating Partnership Units ConversionAndRedemptionOfOperatingPartnershipUnits	3320000	USD
	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	120000	USD
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2531101000	USD
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2599608000	USD
CY2020Q2	frt	Profit Loss Excluding Redeemable Noncontrolling Interests ProfitLossExcludingRedeemableNoncontrollingInterests	10717000	USD
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-493000	USD
CY2020Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	79407000	USD
CY2020Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	2011000	USD
CY2020Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	894000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	0	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	509000	USD
CY2020Q2	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	3087000	USD
CY2020Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	15000	USD
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2531101000	USD
	us-gaap	Profit Loss ProfitLoss	97798000	USD
	us-gaap	Profit Loss ProfitLoss	67300000	USD
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	131549000	USD
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	124972000	USD
	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	17428000	USD
	frt	Gain On Sale Of Real Estate And Change In Control Of Interest GainOnSaleOfRealEstateAndChangeInControlOfInterest	11682000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1215000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5036000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-8316000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-5240000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-4696000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	17128000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-11370000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-15887000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2142000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	5756000	USD
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	7551000	USD
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	-13999000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	247209000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	181382000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	332574000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	9409000	USD
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	182657000	USD
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	213181000	USD
	frt	Capital Expenditures Other CapitalExpendituresOther	34970000	USD
	frt	Capital Expenditures Other CapitalExpendituresOther	30388000	USD
	frt	Costsassociatedwithleasebuyoutforapropertysold Costsassociatedwithleasebuyoutforapropertysold	0	USD
	frt	Costsassociatedwithleasebuyoutforapropertysold Costsassociatedwithleasebuyoutforapropertysold	12924000	USD
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	19896000	USD
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	17015000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	2657000	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	917000	USD
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	1131000	USD
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	849000	USD
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	9265000	USD
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	7923000	USD
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-31122000	USD
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	320000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-509974000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-257198000	USD
	frt	Coststoamendlineofcreditfacility Coststoamendlineofcreditfacility	0	USD
	frt	Coststoamendlineofcreditfacility Coststoamendlineofcreditfacility	638000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	700085000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	398732000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	151310000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	3264000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	87286000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	97000	USD
	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	166847000	USD
	frt	Dividends Paid To Common And Preferred Shareholders DividendsPaidToCommonAndPreferredShareholders	161874000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2813000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3997000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	104000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	USD
	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	3615000	USD
	frt	Paymentsofdividendsandredemptionsminorityinterest Paymentsofdividendsandredemptionsminorityinterest	5702000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-237195000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	923439000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-499960000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	847623000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	816896000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	153614000	USD
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	316936000	USD
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1001237000	USD
	us-gaap	Nature Of Operations NatureOfOperations	BUSINESS AND ORGANIZATION<div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 communities where we believe retail demand exceeds supply, in strategically selected metropolitan markets in the Mid-Atlantic and Northeast regions of the United States, California, and South Florida. As of June 30, 2021, we owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as 105 predominantly retail real estate projects.</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 90% 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.</span></div>
CY2021Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	105	project
	frt	Minimum Percentage Of Taxable Income Distributed To Shareholders MinimumPercentageOfTaxableIncomeDistributedToShareholders	0.90
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2021Q2	frt	Collectibilityadjustment Collectibilityadjustment	6400000	USD
	frt	Collectibilityadjustment Collectibilityadjustment	21200000	USD
CY2021Q2	frt	Tenantswithrevenuerecognizedonacashbasismethod Tenantswithrevenuerecognizedonacashbasismethod	0.35
CY2021Q2	frt	Net Proceeds From Repayment Of Mortgage Notes Receivable NetProceedsFromRepaymentOfMortgageNotesReceivable	33800000	USD
CY2021Q2	frt	Decrease In Mortgage Notes Receivable Net Of Valuation Allowance DecreaseInMortgageNotesReceivableNetOfValuationAllowance	30300000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	76284000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	73942000	USD
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	13022000	USD
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	11424000	USD
	us-gaap	Interest Expense InterestExpense	63262000	USD
	us-gaap	Interest Expense InterestExpense	62518000	USD
	us-gaap	Interest Paid Net InterestPaidNet	60782000	USD
	us-gaap	Interest Paid Net InterestPaidNet	52715000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	320000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	428000	USD
	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	0	USD
	frt	Valueofdown Reit Operating Partnership Units Issued With Acq.Of Noncontrolling Interest ValueofdownREITOperatingPartnershipUnitsIssuedWithAcq.ofNoncontrollingInterest	18920000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	8903000	USD
	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	5121000	USD
	frt	Redemptionofoperatingpartnershipunitsforcommonshares Redemptionofoperatingpartnershipunitsforcommonshares	0	USD
	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	866000	USD
	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	860000	USD
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	304268000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	798329000	USD
CY2021Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12668000	USD
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	18567000	USD
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	316936000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	816896000	USD
CY2021Q2	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	0	USD
	us-gaap	Line Of Credit Facility Maximum Amount Outstanding During Period LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod	0	USD
CY2021Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1000000000.0	USD
CY2021Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-300000	USD
	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-500000	USD
CY2021Q2	us-gaap	Partners Capital Account Units PartnersCapitalAccountUnits	694133	shares
CY2021Q2	frt	Operating Partnership Units Fair Value OperatingPartnershipUnitsFairValue	81300000	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.120
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.120
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.100
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.100
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3358000	USD
CY2020Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3087000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7507000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7029000	USD
CY2021Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	360000	USD
CY2020Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	310000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	758000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	642000	USD
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2998000	USD
CY2020Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2777000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	6749000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	6387000	USD
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
CY2020Q2	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
CY2021Q2	us-gaap	Profit Loss ProfitLoss	48059000	USD
CY2020Q2	us-gaap	Profit Loss ProfitLoss	10859000	USD
	us-gaap	Profit Loss ProfitLoss	97798000	USD
	us-gaap	Profit Loss ProfitLoss	67300000	USD
CY2021Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2011000	USD
CY2020Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2011000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4021000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4021000	USD
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1855000	USD
CY2020Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	352000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3358000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2030000	USD
CY2021Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	298000	USD
CY2020Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	249000	USD
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	592000	USD
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	495000	USD
CY2021Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	43895000	USD
CY2020Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	8247000	USD
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	89827000	USD
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	60754000	USD
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77474000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	75394000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77160000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	75377000	shares
CY2021Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	31000	shares
CY2020Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	77505000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75394000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	77162000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75377000	shares
CY2021Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.57
CY2020Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.11
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.16
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.81
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.57
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.16
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81

Files In Submission

Name	View Source	Status
0000034903-21-000060-index-headers.html	Edgar Link	pending
0000034903-21-000060-index.html	Edgar Link	pending
0000034903-21-000060.txt	Edgar Link	pending
0000034903-21-000060-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
frt-06302021xex311.htm	Edgar Link	pending
frt-06302021xex312.htm	Edgar Link	pending
frt-06302021xex321.htm	Edgar Link	pending
frt-06302021xex322.htm	Edgar Link	pending
frt-20210630.htm	Edgar Link	pending
frt-20210630.xsd	Edgar Link	pending
frt-20210630_cal.xml	Edgar Link	unprocessable
frt-20210630_def.xml	Edgar Link	unprocessable
frt-20210630_htm.xml	Edgar Link	completed
frt-20210630_lab.xml	Edgar Link	unprocessable
frt-20210630_pre.xml	Edgar Link	unprocessable
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

2021 Q2 Form 10-Q Financial Statement

#000003490321000060 Filed on August 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2021 Q2 Form 10-Q Financial Statement

#000003490321000060 Filed on August 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt