2021 Q4 Form 10-K Financial Statement

#000003490322000023 Filed on February 10, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $254.2M $951.2M $219.5M
YoY Change 15.79% 13.85% -8.22%
Cost Of Revenue $86.87M $316.6M $77.40M
YoY Change 12.24% 9.1% 0.91%
Gross Profit $167.3M $634.6M $142.1M
YoY Change 17.72% 16.38% -12.55%
Gross Profit Margin 65.82% 66.71% 64.74%
Selling, General & Admin $14.50M $57.34M $12.30M
YoY Change 17.88% 19.17% 14.95%
% of Gross Profit 8.67% 9.04% 8.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $77.82M $280.0M $64.40M
YoY Change 20.83% 9.79% 4.72%
% of Gross Profit 46.52% 44.12% 45.32%
Operating Expenses $92.32M $646.4M $76.80M
YoY Change 20.2% 10.15% 6.52%
Operating Profit $74.97M $394.7M $65.30M
YoY Change 14.81% 36.34% -62.94%
Interest Expense -$30.75M $127.7M -$38.40M
YoY Change -19.93% -6.3% 40.66%
% of Operating Profit -41.01% 32.35% -58.81%
Other Income/Expense, Net
YoY Change
Pretax Income $116.7M $269.1M $102.2M
YoY Change 14.23% 98.0% -31.41%
Income Tax
% Of Pretax Income
Net Earnings $114.9M $261.5M $94.70M
YoY Change 21.37% 98.55% -35.73%
Net Earnings / Revenue 45.22% 27.49% 43.14%
Basic Earnings Per Share $3.26
Diluted Earnings Per Share $1.482M $3.26 $1.248M
COMMON SHARES
Basic Shares Outstanding 77.79M shares 77.34M shares 75.65M shares
Diluted Shares Outstanding 77.37M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $162.1M $162.1M $798.3M
YoY Change -79.69% -79.69% 526.61%
Cash & Equivalents $162.1M $162.1M $798.3M
Short-Term Investments
Other Short-Term Assets $224.0M $210.7M $200.4M
YoY Change 11.8% 11.78% -0.25%
Inventory
Prepaid Expenses
Receivables $169.0M $169.0M $159.8M
Other Receivables $9.543M $9.543M $39.90M
Total Short-Term Assets $564.7M $551.4M $1.198B
YoY Change -52.88% -53.53% 134.38%
LONG-TERM ASSETS
Property, Plant & Equipment $7.032B $7.032B $6.369B
YoY Change 10.41% 10.41% 2.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.03M $13.03M $22.10M
YoY Change -41.05% -41.05% -22.73%
Other Assets $13.03M $13.03M $18.60M
YoY Change -29.94% -29.94% -33.33%
Total Long-Term Assets $7.058B $7.071B $6.409B
YoY Change 10.12% 10.12% 2.0%
TOTAL ASSETS
Total Short-Term Assets $564.7M $551.4M $1.198B
Total Long-Term Assets $7.058B $7.071B $6.409B
Total Assets $7.622B $7.622B $7.608B
YoY Change 0.19% 0.19% 11.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $235.2M $235.2M $228.6M
YoY Change 2.87% 2.87% -10.53%
Accrued Expenses $72.66M $72.66M $72.40M
YoY Change 0.36% 0.36% -1.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $419.7M $419.7M $405.2M
YoY Change 3.58% 3.58% -6.31%
LONG-TERM LIABILITIES
Long-Term Debt $4.120B $4.120B $4.363B
YoY Change -5.59% -5.59% 27.26%
Other Long-Term Liabilities $206.2M $206.2M $152.4M
YoY Change 35.29% 35.29% -3.48%
Total Long-Term Liabilities $4.326B $4.326B $4.516B
YoY Change -4.21% -4.21% 25.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $419.7M $419.7M $405.2M
Total Long-Term Liabilities $4.326B $4.326B $4.516B
Total Liabilities $4.745B $5.042B $4.921B
YoY Change -3.57% -1.98% 22.44%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $3.490B $3.298B
YoY Change 5.81% 4.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.581B $2.581B $2.464B
YoY Change
Total Liabilities & Shareholders Equity $7.622B $7.622B $7.608B
YoY Change 0.19% 0.19% 11.96%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $114.9M $261.5M $94.70M
YoY Change 21.37% 98.55% -35.73%
Depreciation, Depletion And Amortization $77.82M $280.0M $64.40M
YoY Change 20.83% 9.79% 4.72%
Cash From Operating Activities $105.3M $471.4M $101.5M
YoY Change 3.76% 27.42% -13.69%
INVESTING ACTIVITIES
Capital Expenditures -$109.0M -$807.0M -$152.7M
YoY Change -28.63% 57.77% -47.2%
Acquisitions
YoY Change
Other Investing Activities $110.7M $146.9M $157.9M
YoY Change -29.88% 2.63% -21.01%
Cash From Investing Activities $1.724M -$660.1M $5.200M
YoY Change -66.85% 79.19% -105.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $173.0M
YoY Change 74.42%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -119.8M -$453.0M -178.3M
YoY Change -32.82% -168.45% 118.5%
NET CHANGE
Cash From Operating Activities 105.3M $471.4M 101.5M
Cash From Investing Activities 1.724M -$660.1M 5.200M
Cash From Financing Activities -119.8M -$453.0M -178.3M
Net Change In Cash -12.74M -$641.7M -71.60M
YoY Change -82.2% -196.75% 34.59%
FREE CASH FLOW
Cash From Operating Activities $105.3M $471.4M $101.5M
Capital Expenditures -$109.0M -$807.0M -$152.7M
Free Cash Flow $214.3M $1.278B $254.2M
YoY Change -15.69% 45.03% -37.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 frt Operating Partnership Units Fair Value
OperatingPartnershipUnitsFairValue
90900000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.14
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.22
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0000034903
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
78616815 shares
CY2021Q2 dei Entity Public Float
EntityPublicFloat
9100000000 USD
CY2021Q4 frt Operating Real Estate From Consolidated Variable Interest Entities
OperatingRealEstateFromConsolidatedVariableInterestEntities
2207648000 USD
CY2020Q4 frt Operating Real Estate From Consolidated Variable Interest Entities
OperatingRealEstateFromConsolidatedVariableInterestEntities
1703202000 USD
CY2021Q4 frt Constructioninprogresofconsolidatedvariableieestentity
Constructioninprogresofconsolidatedvariableieestentity
18752000 USD
CY2020Q4 frt Constructioninprogresofconsolidatedvariableieestentity
Constructioninprogresofconsolidatedvariableieestentity
44896000 USD
CY2021Q4 frt Accumulated Depreciation And Amortization Consolidated Variable Interest Entities
AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities
389950000 USD
CY2020Q4 frt Accumulated Depreciation And Amortization Consolidated Variable Interest Entities
AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities
335735000 USD
CY2021Q4 frt Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
335301000 USD
CY2020Q4 frt Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
413681000 USD
CY2020 frt Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterests
-471000 USD
CY2021 frt Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterests
320000 USD
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2021Q4 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
CY2021Q4 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
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
78603305 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
76727394 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
78603305 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76727394 shares
CY2019 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
3430000 USD
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2228000 USD
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
4296000 USD
CY2019 frt Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterests
0 USD
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.26
CY2019 frt Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
4094000 USD
CY2020 frt Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
1197000 USD
CY2021 frt Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
5268000 USD
CY2019 frt Contributions From Redeemable Noncontrolling Interests
ContributionsFromRedeemableNoncontrollingInterests
9961000 USD
CY2020 frt Contributions From Redeemable Noncontrolling Interests
ContributionsFromRedeemableNoncontrollingInterests
19335000 USD
CY2021 frt Contributions From Redeemable Noncontrolling Interests
ContributionsFromRedeemableNoncontrollingInterests
74530000 USD
CY2021 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.050
CY2020 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.050
CY2019 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.050
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
1-07533
CY2021 dei Entity Registrant Name
EntityRegistrantName
FEDERAL REALTY INVESTMENT TRUST
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
87-3916363
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
909 Rose Avenue, Suite 200
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
North Bethesda
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
MD
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20852
CY2021 dei City Area Code
CityAreaCode
301)
CY2021 dei Local Phone Number
LocalPhoneNumber
998-8100
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
false
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Public Float
EntityPublicFloat
9100000000 USD
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
78616815 shares
CY2021 dei Auditor Firm
AuditorFirmId
248
CY2021 dei Auditor Firm
AuditorFirmId
248
CY2021 dei Auditor Name
AuditorName
GRANT THORNTON LLP
CY2021 dei Auditor Location
AuditorLocation
New York, New York
CY2021 dei Auditor Name
AuditorName
GRANT THORNTON LLP
CY2021 dei Auditor Location
AuditorLocation
New York, New York
CY2021Q4 us-gaap Rental Properties
RentalProperties
8814791000 USD
CY2020Q4 us-gaap Rental Properties
RentalProperties
7771981000 USD
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
607271000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
810889000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9422062000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
8582870000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2531095000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2357692000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6890967000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6225178000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
162132000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
798329000 USD
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
169007000 USD
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
159780000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
9543000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
39892000 USD
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
13027000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
22128000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
90743000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
92248000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
49832000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
51116000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
237069000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
218953000 USD
CY2021Q4 us-gaap Assets
Assets
7622320000 USD
CY2020Q4 us-gaap Assets
Assets
7607624000 USD
CY2021Q4 us-gaap Secured Debt
SecuredDebt
339993000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
484111000 USD
CY2021Q4 us-gaap Notes Payable
NotesPayable
301466000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
402776000 USD
CY2021Q4 us-gaap Unsecured Debt
UnsecuredDebt
3406088000 USD
CY2020Q4 us-gaap Unsecured Debt
UnsecuredDebt
3404488000 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
235168000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
228641000 USD
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
86538000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
83839000 USD
CY2021Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
25331000 USD
CY2020Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
20388000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
72661000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
72441000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
72032000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
72049000 USD
CY2021Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
206187000 USD
CY2020Q4 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
152424000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
4745464000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
4921157000 USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
213708000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
137720000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
790000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
771000 USD
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3488794000 USD
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3297305000 USD
CY2021Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
1066932000 USD
CY2020Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
988272000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2047000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5644000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2580602000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2464157000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
82546000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
84590000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2663148000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2548747000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7622320000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7607624000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
948842000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
832171000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
932738000 USD
CY2021 frt Revenue Mortgage Interest
RevenueMortgageInterest
2382000 USD
CY2020 frt Revenue Mortgage Interest
RevenueMortgageInterest
3323000 USD
CY2019 frt Revenue Mortgage Interest
RevenueMortgageInterest
3050000 USD
CY2021 us-gaap Revenues
Revenues
951224000 USD
CY2020 us-gaap Revenues
Revenues
835494000 USD
CY2019 us-gaap Revenues
Revenues
935788000 USD
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
198121000 USD
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
170920000 USD
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
187831000 USD
CY2021 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
118496000 USD
CY2020 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
119242000 USD
CY2019 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
110927000 USD
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49856000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41680000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
42754000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
279976000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
255027000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
239758000 USD
CY2021 us-gaap Operating Expenses
OperatingExpenses
646449000 USD
CY2020 us-gaap Operating Expenses
OperatingExpenses
586869000 USD
CY2019 us-gaap Operating Expenses
OperatingExpenses
581270000 USD
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
57218000 USD
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
89950000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
98117000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
116393000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
394725000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
289524000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
470911000 USD
CY2021 us-gaap Interest Income Other
InterestIncomeOther
809000 USD
CY2020 us-gaap Interest Income Other
InterestIncomeOther
1894000 USD
CY2019 us-gaap Interest Income Other
InterestIncomeOther
1266000 USD
CY2021 us-gaap Interest Expense
InterestExpense
127698000 USD
CY2020 us-gaap Interest Expense
InterestExpense
136289000 USD
CY2019 us-gaap Interest Expense
InterestExpense
109623000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11179000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8062000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
253456000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
123664000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1245000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2012000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
269081000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
135888000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
360542000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7583000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4182000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6676000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
261498000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
131706000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
353866000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
345824000 USD
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.26
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.62
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77336000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75515000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74766000 shares
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.26
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.61
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77368000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75515000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74766000 shares
CY2021 us-gaap Profit Loss
ProfitLoss
269081000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
135888000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
360542000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3917000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5302000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-397000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
272998000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
130586000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
360145000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7903000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3711000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6676000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
265095000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
126875000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
353469000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2467330000 USD
CY2019 frt Adoption Of New Accounting Standard
AdoptionOfNewAccountingStandard
-7098000 USD
CY2019 frt Profit Loss Excluding Redeemable Noncontrolling Interests
ProfitLossExcludingRedeemableNoncontrollingInterests
357112000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-397000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
310973000 USD
CY2019 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
8042000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9961000 USD
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
142716000 USD
CY2019 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2095000 USD
CY2019 frt Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
13330000 USD
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4626000 USD
CY2019 frt Conversion And Redemption Of Operating Partnership Units
ConversionAndRedemptionOfOperatingPartnershipUnits
72000 USD
CY2019 frt Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
243000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
5525000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2636132000 USD
CY2020 frt Adoption Of New Accounting Standard
AdoptionOfNewAccountingStandard
-510000 USD
CY2020 frt Profit Loss Excluding Redeemable Noncontrolling Interests
ProfitLossExcludingRedeemableNoncontrollingInterests
133660000 USD
CY2020 frt Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
-4831000 USD
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
320302000 USD
CY2020 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
8042000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8874000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
98117000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
116393000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
98839000 USD
CY2020 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2072000 USD
CY2020 frt Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
13243000 USD
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4052000 USD
CY2020 frt Conversion And Redemption Of Operating Partnership Units
ConversionAndRedemptionOfOperatingPartnershipUnits
3320000 USD
CY2020 frt Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
120000 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
7321000 USD
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
-21933000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2548747000 USD
CY2021 frt Profit Loss Excluding Redeemable Noncontrolling Interests
ProfitLossExcludingRedeemableNoncontrollingInterests
264785000 USD
CY2021 frt Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
3597000 USD
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
332116000 USD
CY2021 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
8042000 USD
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4341000 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
172753000 USD
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1955000 USD
CY2021 frt Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
14434000 USD
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2998000 USD
CY2021 frt Conversion And Redemption Of Operating Partnership Units
ConversionAndRedemptionOfOperatingPartnershipUnits
99000 USD
CY2021 frt Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
6583000 USD
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
2110000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2663148000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
269081000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
135888000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
360542000 USD
CY2021 frt Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
279976000 USD
CY2020 frt Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
255027000 USD
CY2019 frt Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
239758000 USD
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
57218000 USD
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
89950000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11179000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1245000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8062000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2012000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-389000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6142000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-169000 USD
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1214000 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
6032000 USD
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
16128000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5607000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3260000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10253000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6782000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5621000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2327000 USD
CY2021 frt Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
10712000 USD
CY2020 frt Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
-1799000 USD
CY2019 frt Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
-115000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
471352000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
369929000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
461919000 USD
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
366466000 USD
CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
9589000 USD
CY2019 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
204516000 USD
CY2021 frt Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
368786000 USD
CY2020 frt Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
433872000 USD
CY2019 frt Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
327074000 USD
CY2021 frt Capital Expenditures Other
CapitalExpendituresOther
71728000 USD
CY2020 frt Capital Expenditures Other
CapitalExpendituresOther
68064000 USD
CY2019 frt Capital Expenditures Other
CapitalExpendituresOther
82836000 USD
CY2021 frt Costs Associated With Lease Buyout For A Property Sold
CostsAssociatedWithLeaseBuyoutForAPropertySold
0 USD
CY2020 frt Costs Associated With Lease Buyout For A Property Sold
CostsAssociatedWithLeaseBuyoutForAPropertySold
12924000 USD
CY2019 frt Costs Associated With Lease Buyout For A Property Sold
CostsAssociatedWithLeaseBuyoutForAPropertySold
0 USD
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
137868000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
183461000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
321997000 USD
CY2021 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3115000 USD
CY2020 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3348000 USD
CY2019 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
1052000 USD
CY2021 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
2970000 USD
CY2020 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
1301000 USD
CY2019 us-gaap Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
2765000 USD
CY2021 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
21990000 USD
CY2020 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
15080000 USD
CY2019 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
25459000 USD
CY2021 frt Issuance Repayments Of Mortgage And Other Notes Receivable Net
IssuanceRepaymentsOfMortgageAndOtherNotesReceivableNet
-31129000 USD
CY2020 frt Issuance Repayments Of Mortgage And Other Notes Receivable Net
IssuanceRepaymentsOfMortgageAndOtherNotesReceivableNet
10268000 USD
CY2019 frt Issuance Repayments Of Mortgage And Other Notes Receivable Net
IssuanceRepaymentsOfMortgageAndOtherNotesReceivableNet
357000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-660118000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-368383000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316532000 USD
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-638000 USD
CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-4012000 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1094283000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
399913000 USD
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
510360000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
398722000 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2021 frt Repayment Of Mortgages Finance Leases And Notes Payable
RepaymentOfMortgagesFinanceLeasesAndNotesPayable
277643000 USD
CY2020 frt Repayment Of Mortgages Finance Leases And Notes Payable
RepaymentOfMortgagesFinanceLeasesAndNotesPayable
70237000 USD
CY2019 frt Repayment Of Mortgages Finance Leases And Notes Payable
RepaymentOfMortgagesFinanceLeasesAndNotesPayable
301029000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
172981000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
99177000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
143027000 USD
CY2021 frt Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
335656000 USD
CY2020 frt Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
324596000 USD
CY2019 frt Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
313649000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2998000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4052000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4626000 USD
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
133000 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
404000 USD
CY2021 frt Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
9784000 USD
CY2020 frt Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
20563000 USD
CY2019 frt Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
20133000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-452967000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
661736000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-100105000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-641733000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
663282000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
45282000 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
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108332000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
175163000 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
CY2021 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 December 31, 2021, we owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as 104 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.</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%">See Note 15 for a discussion of the UPREIT reorganization we completed in January of 2022.</span></div><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%">Impacts of COVID-19 Pandemic</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%">In March 2020, the World Health Organization declared the outbreak of the novel coronavirus disease ("COVID-19") as a pandemic. While we continue to expect the impact to our properties will be temporary in nature, the extent of the future effects of COVID-19 on our business, results of operations, cash flows, and growth prospects is highly uncertain and will ultimately depend on future developments, none of which can be predicted with any certainty.</span></div>
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
104 project
CY2021 frt Minimum Percentage Of Taxable Income Distributed To Shareholders
MinimumPercentageOfTaxableIncomeDistributedToShareholders
0.90
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:14pt"><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>
CY2021Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
46000000 USD
CY2021Q4 frt Deferred Rent Receivables Collected
DeferredRentReceivablesCollected
27000000 USD
CY2021Q4 frt Rent Abatementin Period
RentAbatementinPeriod
26000000 USD
CY2020Q4 frt Rent Abatementin Period
RentAbatementinPeriod
48000000 USD
CY2021 frt Collectibility Adjustment
CollectibilityAdjustment
24000000 USD
CY2020 frt Collectibility Adjustment
CollectibilityAdjustment
106600000 USD
CY2021 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
700000 USD
CY2020 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
12700000 USD
CY2021Q4 frt Tenants With Revenue Recognized On A Cash Basis Method
TenantsWithRevenueRecognizedOnACashBasisMethod
0.34
CY2020Q4 frt Tenants With Revenue Recognized On A Cash Basis Method
TenantsWithRevenueRecognizedOnACashBasisMethod
0.35
CY2021Q4 frt Straight Line Rent Receivable
StraightLineRentReceivable
110700000 USD
CY2020Q4 frt Straight Line Rent Receivable
StraightLineRentReceivable
103300000 USD
CY2021 frt Depreciation Expense Real Estate
DepreciationExpenseRealEstate
245100000 USD
CY2020 frt Depreciation Expense Real Estate
DepreciationExpenseRealEstate
227900000 USD
CY2019 frt Depreciation Expense Real Estate
DepreciationExpenseRealEstate
215400000 USD
CY2021 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Long-Lived Assets and Impairment </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%">There are estimates and assumptions made by management in preparing the consolidated financial statements for which the actual results will be determined over long periods of time. This includes the recoverability of long-lived assets, including our properties that have been acquired or redeveloped and our investment in certain joint ventures. Management’s evaluation of impairment includes review for possible indicators of impairment as well as, in certain circumstances, undiscounted and discounted cash flow analysis. Since most of our investments in real estate are wholly-owned or controlled assets which are held for use, a property with impairment indicators is first tested for impairment by comparing the undiscounted cash flows, including residual value, to the current net book value of the property. If the undiscounted cash flows are less than the net book value, the property is written down to expected fair value. </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 calculation of both discounted and undiscounted cash flows requires management to make estimates of future cash flows including revenues, operating expenses, required maintenance and development expenditures, market conditions, demand for space by tenants and rental rates over long periods. Because our properties typically have a long life, the assumptions used to estimate the future recoverability of book value requires significant management judgment. Actual results could be significantly different from the estimates. These estimates have a direct impact on net income, because recording an impairment charge results in a negative adjustment to net income.</span></div>
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
167300000 USD
CY2021Q2 frt Net Proceeds From Repayment Of Mortgage Notes Receivable
NetProceedsFromRepaymentOfMortgageNotesReceivable
33800000 USD
CY2021Q2 frt Decrease In Mortgage Notes Receivable Net Valuation Allowance
DecreaseInMortgageNotesReceivableNetValuationAllowance
30300000 USD
CY2021 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
3
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
9500000 USD
CY2021 frt Weighted Average Interest Rateon Financing Receivable
WeightedAverageInterestRateonFinancingReceivable
0.109
CY2021Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
9500000 USD
CY2020Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
39900000 USD
CY2021Q4 frt Numberof Consolidated Variable Interest Entities
NumberofConsolidatedVariableInterestEntities
21
CY2021Q4 frt Variable Interest Entity Net Real Estate Assets
VariableInterestEntityNetRealEstateAssets
1800000000 USD
CY2020Q4 frt Variable Interest Entity Net Real Estate Assets
VariableInterestEntityNetRealEstateAssets
1400000000 USD
CY2021Q4 frt Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
335300000 USD
CY2020Q4 frt Mortgage Payable From Consolidated Variable Interest Entities
MortgagePayableFromConsolidatedVariableInterestEntities
413700000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
137720000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
139758000 USD
CY2021 frt Contributions From Redeemable Noncontrolling Interests
ContributionsFromRedeemableNoncontrollingInterests
74530000 USD
CY2020 frt Contributions From Redeemable Noncontrolling Interests
ContributionsFromRedeemableNoncontrollingInterests
19335000 USD
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
4296000 USD
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2228000 USD
CY2021 frt Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterests
320000 USD
CY2020 frt Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterests
-471000 USD
CY2021 frt Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
5268000 USD
CY2020 frt Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
1197000 USD
CY2021 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
2110000 USD
CY2020 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-21933000 USD
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
213708000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
137720000 USD
CY2021 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Leases</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%">We adopted ASC 842 effective January 1, 2019 under the modified retrospective approach and elected the optional transition method to apply the provisions of ASC 842 as of the adoption date, rather than the earliest period presented. We elected to apply certain adoption related practical expedients for all leases that commenced prior to the election date. These practical expedients included not reassessing whether any expired or existing contracts were or contained leases; not reassessing the lease classification for any expired or existing leases; and not reassessing initial direct costs for any existing leases. We also elected the practical expedient for lessors to combine our lease and non-lease components (primarily impacts common area maintenance recoveries). </span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lessor </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%">We recorded a charge to the opening accumulated dividends in excess of net income of $7.1 million in 2019 as a result of the adoption of ASC 842. This charge was attributable to the write off certain direct leasing costs recorded under the previous lease accounting rules for leases which had not commenced as well as the write off of unreserved receivables (including straight-line receivables) for leases where we had determined the collection of substantially all the lease payments required for the term is not probable.</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lessee </span></div>We have ground leases at 12 properties which are accounted for as operating leases. The operating lease right of use ("ROU") assets and related liabilities are shown separately on the face of our consolidated balance sheet and reflect the present value of the minimum lease payments. A key input in the calculation is the discount rate. As the rate implied in the lease agreements is not readily determinable, we utilize our incremental borrowing rate that correspond to the remaining term of the lease, our credit spread, and and adjustment to reflect the collateralized payment terms present in the lease. Our operating lease agreements may include options to extend the lease term or terminate it early. We include options to extend or terminate leases in the ROU operating lease asset and liability when it is reasonably certain we will exercise these options. Operating lease expense is recognized on a straight-line basis over the non-cancellable lease term and is included in rental expenses in our consolidated statements of operations. We elected to apply the short-term lease exemption within ASC 842, and as such we have not recorded an ROU asset or lease liability for leases with terms of less than 12 months.
CY2021Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
12 properties
CY2021 frt Minimum Percentage Of Taxable Income Distributed To Shareholders
MinimumPercentageOfTaxableIncomeDistributedToShareholders
0.90
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2021 frt Numberof Properties Exceeding Segment Reporting Threshold
NumberofPropertiesExceedingSegmentReportingThreshold
0 property
CY2021 us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
10% of our revenues or property operating income
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
150324000 USD
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
159718000 USD
CY2019 us-gaap Interest Costs Incurred
InterestCostsIncurred
130110000 USD
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
22626000 USD
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
23429000 USD
CY2019 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
20487000 USD
CY2021 us-gaap Interest Expense
InterestExpense
127698000 USD
CY2020 us-gaap Interest Expense
InterestExpense
136289000 USD
CY2019 us-gaap Interest Expense
InterestExpense
109623000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
123585000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
130248000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
106180000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
386000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
580000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
483000 USD
CY2021 frt Valueofdown Reit Operating Partnership Units Issuedin Connectionwith Business Acquisition
ValueofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition
0 USD
CY2020 frt Valueofdown Reit Operating Partnership Units Issuedin Connectionwith Business Acquisition
ValueofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition
18920000 USD
CY2019 frt Valueofdown Reit Operating Partnership Units Issuedin Connectionwith Business Acquisition
ValueofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition
0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
8903000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3658 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
95.77
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y1M6D
CY2019 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
98041000 USD
CY2021 frt Redemptionofoperatingpartnershipunitsforcommonshares
Redemptionofoperatingpartnershipunitsforcommonshares
7545000 USD
CY2020 frt Redemptionofoperatingpartnershipunitsforcommonshares
Redemptionofoperatingpartnershipunitsforcommonshares
0 USD
CY2019 frt Redemptionofoperatingpartnershipunitsforcommonshares
Redemptionofoperatingpartnershipunitsforcommonshares
14105000 USD
CY2021 frt Settlementofpartnerloanviadilution
Settlementofpartnerloanviadilution
0 USD
CY2020 frt Settlementofpartnerloanviadilution
Settlementofpartnerloanviadilution
0 USD
CY2019 frt Settlementofpartnerloanviadilution
Settlementofpartnerloanviadilution
5379000 USD
CY2021 frt Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
1727000 USD
CY2020 frt Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
1734000 USD
CY2019 frt Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
1784000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
162132000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
798329000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13031000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
38636000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
78164000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18567000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
175163000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
816896000 USD
CY2020Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
163322 shares
CY2020Q4 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
57000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
81555000 USD
CY2020 frt Amortization Of Above And Below Market Leases Lessee
AmortizationOfAboveAndBelowMarketLeasesLessee
303000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
35851000 USD
CY2021Q4 frt Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
240406000 USD
CY2021Q4 frt Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
80981000 USD
CY2020Q4 frt Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
183666000 USD
CY2020Q4 frt Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
70402000 USD
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
11897000 USD
CY2020 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
8406000 USD
CY2019 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
9623000 USD
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
8747000 USD
CY2020 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
4346000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
6384000 USD
CY2021 frt Amortizationof Below Market Lease Lessee
AmortizationofBelowMarketLeaseLessee
828000 USD
CY2020 frt Amortizationof Below Market Lease Lessee
AmortizationofBelowMarketLeaseLessee
828000 USD
CY2019 frt Amortizationof Below Market Lease Lessee
AmortizationofBelowMarketLeaseLessee
828000 USD
CY2021 frt Amortization Of Above And Below Market Leases Lessee
AmortizationOfAboveAndBelowMarketLeasesLessee
290000 USD
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
666831 shares
CY2019 frt Amortization Of Above And Below Market Leases Lessee
AmortizationOfAboveAndBelowMarketLeasesLessee
303000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
13541000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
12962000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
12450000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
8984000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
8622000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
102866000 USD
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
159425000 USD
CY2021Q4 us-gaap Secured Debt
SecuredDebt
339993000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
484111000 USD
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1169000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
494000 USD
CY2021Q4 us-gaap Notes Payable
NotesPayable
301466000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
402776000 USD
CY2021Q4 us-gaap Senior Notes
SeniorNotes
3406088000 USD
CY2020Q4 us-gaap Senior Notes
SeniorNotes
3404488000 USD
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
4047547000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
4291375000 USD
CY2021 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
150000000 USD
CY2020 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
990000000 USD
CY2019 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
116500000 USD
CY2021 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
19600000 USD
CY2020 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
138500000 USD
CY2019 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
26800000 USD
CY2021 frt Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees
LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees
0.009
CY2020 frt Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees
LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees
0.015
CY2019 frt Lineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebt Fees
LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees
0.032
CY2021Q4 frt Lineofcreditfacilityannualfacilityfee
Lineofcreditfacilityannualfacilityfee
1000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4095000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
279307000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
904347000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
48416000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
455911000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2371338000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
4063414000 USD
CY2021Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
3200000 USD
CY2021 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-900000 USD
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5200000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4600000 USD
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1500000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
800000 USD
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4800000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5191000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5278000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5455000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5326000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4831000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
177395000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
203476000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
130815000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
72661000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
5810000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
60013000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1013000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1013000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1013000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
79824000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
148686000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
76654000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
72032000 USD
CY2021 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
19758 shares
CY2020 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
24491 shares
CY2019 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
15909 shares
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.260
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.250
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.220
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.210
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.140
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.110
CY2021 frt Common Stock Ordinary Dividends Per Share Cash Paid
CommonStockOrdinaryDividendsPerShareCashPaid
3.358
CY2020 frt Common Stock Ordinary Dividends Per Share Cash Paid
CommonStockOrdinaryDividendsPerShareCashPaid
3.452
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5824000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
5687000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
5946000 USD
CY2019 frt Common Stock Ordinary Dividends Per Share Cash Paid
CommonStockOrdinaryDividendsPerShareCashPaid
4.110
CY2021 frt Common Shares Capital Gain
CommonSharesCapitalGain
0.680
CY2020 frt Common Shares Capital Gain
CommonSharesCapitalGain
0
CY2019 frt Common Shares Capital Gain
CommonSharesCapitalGain
0
CY2021 frt Common Shares Return Of Capital
CommonSharesReturnOfCapital
0.212
CY2020 frt Common Shares Return Of Capital
CommonSharesReturnOfCapital
0.758
CY2019 frt Common Shares Return Of Capital
CommonSharesReturnOfCapital
0
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.250
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.210
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.110
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.07
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
104 project
CY2021Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 state
CY2021Q4 frt Percent Of Annualized Base Rent Maximum
PercentOfAnnualizedBaseRentMaximum
0.027
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
634134000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
596004000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
531652000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
447549000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
376692000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1675278000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
4261309000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1284000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1284000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1284000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5828000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5826000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
6063000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
246000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
353000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
487000 USD
CY2021 us-gaap Lease Cost
LeaseCost
13045000 USD
CY2020 us-gaap Lease Cost
LeaseCost
13409000 USD
CY2019 us-gaap Lease Cost
LeaseCost
13658000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5723000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5736000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5759000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
5288000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
5498000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
5561000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
51000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
46000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
47000 USD
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P16Y3M18D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P17Y3M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P52Y9M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P53Y4M24D
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.080
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.080
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10341000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
855000 USD
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
78028000 USD
CY2020 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
66845000 USD
CY2019 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
73179000 USD
CY2021 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
27808000 USD
CY2020 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
25065000 USD
CY2019 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
27729000 USD
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
24919000 USD
CY2020 us-gaap Management Fee Expense
ManagementFeeExpense
23752000 USD
CY2019 us-gaap Management Fee Expense
ManagementFeeExpense
24930000 USD
CY2021 frt Property Payroll Expense
PropertyPayrollExpense
18341000 USD
CY2020 frt Property Payroll Expense
PropertyPayrollExpense
16691000 USD
CY2019 frt Property Payroll Expense
PropertyPayrollExpense
16485000 USD
CY2021 us-gaap Real Estate Insurance
RealEstateInsurance
14406000 USD
CY2020 us-gaap Real Estate Insurance
RealEstateInsurance
12439000 USD
CY2019 us-gaap Real Estate Insurance
RealEstateInsurance
9036000 USD
CY2021 us-gaap Marketing Expense
MarketingExpense
7481000 USD
CY2020 us-gaap Marketing Expense
MarketingExpense
6432000 USD
CY2019 us-gaap Marketing Expense
MarketingExpense
7427000 USD
CY2021 frt Ground Rent Expense
GroundRentExpense
4571000 USD
CY2020 frt Ground Rent Expense
GroundRentExpense
4595000 USD
CY2019 frt Ground Rent Expense
GroundRentExpense
4803000 USD
CY2021 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
22567000 USD
CY2020 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
15101000 USD
CY2019 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
24242000 USD
CY2021 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
198121000 USD
CY2020 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
170920000 USD
CY2019 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
187831000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14434000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13243000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13330000 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1425000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1319000 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1054000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
13009000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
11924000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
12276000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.293
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.041
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y6M
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.009
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.40
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
682 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
152.34
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3658 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
95.77
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
682 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
152.34
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
148000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
20000000 USD
CY2021 frt Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition Years
ShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognitionYears
P4Y7M6D
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2021 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
300000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
200000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
200000 shares
CY2021 us-gaap Profit Loss
ProfitLoss
269081000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
135888000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
360542000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8042000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7583000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4182000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6676000 USD
CY2021 frt Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
1211000 USD
CY2020 frt Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
992000 USD
CY2019 frt Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
1007000 USD
CY2021 frt Net Income Available For Common Shareholders Basic And Diluted
NetIncomeAvailableForCommonShareholdersBasicAndDiluted
252245000 USD
CY2020 frt Net Income Available For Common Shareholders Basic And Diluted
NetIncomeAvailableForCommonShareholdersBasicAndDiluted
122672000 USD
CY2019 frt Net Income Available For Common Shareholders Basic And Diluted
NetIncomeAvailableForCommonShareholdersBasicAndDiluted
344817000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
77336000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75515000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74766000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
32000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77368000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75515000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74766000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.26
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.62
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.26
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.62
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.61
CY2021Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
339993000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1585097000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2725032000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
5111933000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1578280000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
7843782000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9422062000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2531095000 USD
CY2021Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
0 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
7819472000 USD
CY2019 frt Reductionof Real Estate
ReductionofRealEstate
71859000 USD
CY2019 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
309921000 USD
CY2019 us-gaap Real Estate Improvements
RealEstateImprovements
441703000 USD
CY2019 frt Real Estate Dispositions And Retirements
RealEstateDispositionsAndRetirements
201105000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8298132000 USD
CY2020 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
39440000 USD
CY2020 us-gaap Real Estate Improvements
RealEstateImprovements
473679000 USD
CY2020 frt Impairment Of Property
ImpairmentOfProperty
68484000 USD
CY2020 frt Real Estate Dispositions And Retirements
RealEstateDispositionsAndRetirements
159897000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8582870000 USD
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
519350000 USD
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
424521000 USD
CY2021 frt Real Estate Dispositions And Retirements
RealEstateDispositionsAndRetirements
104679000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9422062000 USD
CY2021Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
8400000000 USD
CY2021Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
10200000 USD
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
30429000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2059143000 USD
CY2019 frt Reductionof Accumulated Depreciationand Amortizationof Real Estate
ReductionofAccumulatedDepreciationandAmortizationofRealEstate
18173000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
215382000 USD
CY2019 frt Real Estate Accumulated Depreciation Dispositions And Retirements
RealEstateAccumulatedDepreciationDispositionsAndRetirements
40939000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2215413000 USD
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
229199000 USD
CY2020 frt Real Estate Accumulated Depreciation Impairment Of Property
RealEstateAccumulatedDepreciationImpairmentOfProperty
11631000 USD
CY2020 frt Real Estate Accumulated Depreciation Dispositions And Retirements
RealEstateAccumulatedDepreciationDispositionsAndRetirements
75289000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2357692000 USD
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
246338000 USD
CY2021 frt Real Estate Accumulated Depreciation Dispositions And Retirements
RealEstateAccumulatedDepreciationDispositionsAndRetirements
72935000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2531095000 USD
CY2021Q4 srt Mortgage Loans On Real Estate Prior Liens1
MortgageLoansOnRealEstatePriorLiens1
63740000 USD
CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
10175000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
9543000 USD
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
30429000 USD
CY2020 frt January12020 Adoption Of New Accounting Standard
January12020AdoptionOfNewAccountingStandard
790000 USD
CY2020 frt Acquisitions Of Loans Net Of Valuation Adjustements
AcquisitionsOfLoansNetOfValuationAdjustements
9560000 USD
CY2020 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
693000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
39892000 USD
CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
600000 USD
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
30339000 USD
CY2021 frt Valuation Adjustments
ValuationAdjustments
610000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
9543000 USD

Files In Submission

Name View Source Status
0000034903-22-000023-index-headers.html Edgar Link pending
0000034903-22-000023-index.html Edgar Link pending
0000034903-22-000023.txt Edgar Link pending
0000034903-22-000023-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
frt-12312021xex211.htm Edgar Link pending
frt-12312021xex231.htm Edgar Link pending
frt-12312021xex31.htm Edgar Link pending
frt-12312021xex311.htm Edgar Link pending
frt-12312021xex312.htm Edgar Link pending
frt-12312021xex313.htm Edgar Link pending
frt-12312021xex314.htm Edgar Link pending
frt-12312021xex321.htm Edgar Link pending
frt-12312021xex322.htm Edgar Link pending
frt-12312021xex323.htm Edgar Link pending
frt-12312021xex324.htm Edgar Link pending
frt-20211231.htm Edgar Link pending
frt-20211231.xsd Edgar Link pending
frt-20211231_cal.xml Edgar Link unprocessable
frt-20211231_def.xml Edgar Link unprocessable
frt-20211231_g1.jpg Edgar Link pending
frt-20211231_htm.xml Edgar Link completed
frt-20211231_lab.xml Edgar Link unprocessable
frt-20211231_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
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending