$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

$frt Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000003490323000054 Filed on August 02, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$286.6M	$280.7M
YoY Change	4.81%	6.28%
Cost Of Revenue	$91.60M	$87.99M
YoY Change	-0.01%	6.74%
Gross Profit	$195.0M	$192.7M
YoY Change	7.24%	6.07%
Gross Profit Margin	68.04%	68.65%
Selling, General & Admin	$13.10M	$11.91M
YoY Change	0.0%	-12.43%
% of Gross Profit	6.72%	6.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$81.70M	$78.97M
YoY Change	5.95%	6.06%
% of Gross Profit	41.9%	40.99%
Operating Expenses	$186.5M	$178.9M
YoY Change	2.58%	4.91%
Operating Profit	$100.1M	$101.8M
YoY Change	-47.8%	8.76%
Interest Expense	$42.73M	$42.88M
YoY Change	21.87%	33.7%
% of Operating Profit	42.69%	42.13%
Other Income/Expense, Net
YoY Change
Pretax Income	$59.40M	$63.00M
YoY Change	-62.59%	-2.27%
Income Tax
% Of Pretax Income
Net Earnings	$57.05M	$60.50M
YoY Change	-63.46%	-1.91%
Net Earnings / Revenue	19.9%	21.55%
Basic Earnings Per Share	$0.67	$0.72
Diluted Earnings Per Share	$0.67	$0.72
COMMON SHARES
Basic Shares Outstanding	81.52M shares	81.52M shares
Diluted Shares Outstanding	81.27M shares	81.21M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$98.20M	$98.06M
YoY Change	-32.84%	-44.46%
Cash & Equivalents	$98.21M	$98.06M
Short-Term Investments
Other Short-Term Assets	$255.2M	$242.3M
YoY Change	0.56%	16.16%
Inventory
Prepaid Expenses
Receivables	$192.1M	$195.7M
Other Receivables	$9.200M	$9.222M
Total Short-Term Assets	$554.7M	$545.3M
YoY Change	-7.03%	-6.31%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.699B	$7.694B
YoY Change	2.86%	6.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$35.50M	$34.94M
YoY Change	-71.1%	158.54%
Other Assets	$4.600M	$4.692M
YoY Change	-62.97%	-73.93%
Total Long-Term Assets	$7.739B	$7.734B
YoY Change	1.56%	6.99%
TOTAL ASSETS
Total Short-Term Assets	$554.7M	$545.3M
Total Long-Term Assets	$7.739B	$7.734B
Total Assets	$8.294B	$8.279B
YoY Change	0.93%	6.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$209.9M	$187.0M
YoY Change	-14.54%	-17.49%
Accrued Expenses	$76.40M	$76.93M
YoY Change	-2.34%	7.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$407.9M	$383.7M
YoY Change	-7.72%	-7.12%
LONG-TERM LIABILITIES
Long-Term Debt	$4.518B	$4.499B
YoY Change	3.52%	9.68%
Other Long-Term Liabilities	$229.9M	$237.3M
YoY Change	-5.31%	13.43%
Total Long-Term Liabilities	$4.748B	$4.737B
YoY Change	3.06%	9.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$407.9M	$383.7M
Total Long-Term Liabilities	$4.748B	$4.737B
Total Liabilities	$5.156B	$5.120B
YoY Change	2.11%	8.37%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$3.848B	$3.834B
YoY Change	1.39%	1.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.882B	$2.901B
YoY Change
Total Liabilities & Shareholders Equity	$8.294B	$8.279B
YoY Change	0.93%	6.0%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$57.05M	$60.50M
YoY Change	-63.46%	-1.91%
Depreciation, Depletion And Amortization	$81.70M	$78.97M
YoY Change	5.95%	6.06%
Cash From Operating Activities	$150.9M	$149.3M
YoY Change	1.43%	-5.2%
INVESTING ACTIVITIES
Capital Expenditures	$80.40M	$103.3M
YoY Change	-119.17%	-149.29%
Acquisitions
YoY Change
Other Investing Activities	-$4.100M	-$98.00K
YoY Change	-108.33%	-95.76%
Cash From Investing Activities	-$84.40M	-$103.4M
YoY Change	-77.19%	-51.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-66.40M	-50.40M
YoY Change	-135.81%	-171.21%
NET CHANGE
Cash From Operating Activities	150.9M	149.3M
Cash From Investing Activities	-84.40M	-103.4M
Cash From Financing Activities	-66.40M	-50.40M
Net Change In Cash	100.0K	-4.522M
YoY Change	-100.28%	-127.63%
FREE CASH FLOW
Cash From Operating Activities	$150.9M	$149.3M
Capital Expenditures	$80.40M	$103.3M
Free Cash Flow	$70.50M	$45.98M
YoY Change	-87.59%	-87.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	927000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2980431000	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	3219000	usd
	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	117516000	usd
	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	-13000	usd
	frt	Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest	-261000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.16
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	176064000	usd
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	4016000	usd
	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	3427000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2202000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	6192000	usd
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	905000	usd
	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	8130000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4711000	usd
	frt	Contributionsfromnoncontrollinginterests Contributionsfromnoncontrollinginterests	927000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2980431000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	1792000	usd
CY2022Q2	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	62675000	usd
CY2022Q2	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	197000	usd
CY2022Q2	frt	Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest	2025000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.07
CY2022Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	84977000	usd
CY2022Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	2008000	usd
CY2022Q2	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	2394000	usd
CY2022Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	866000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	176703000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	509000	usd
CY2022Q2	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	3500000	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	37000	usd
CY2022Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	-4326000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2876427000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2663148000	usd
	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	3527000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2714577000	usd
	us-gaap	Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest	115668000	usd
	frt	Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest	541000	usd
	frt	Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest	5597000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.14
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	169173000	usd
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	4018000	usd
	frt	Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders	4138000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2625000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	259452000	usd
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	1011000	usd
	frt	Share Based Compensation Expense Net Value ShareBasedCompensationExpenseNetValue	7679000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4638000	usd
	us-gaap	Stockholders Equity Other StockholdersEquityOther	-4326000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2876427000	usd
	us-gaap	Profit Loss ProfitLoss	120735000	usd
	us-gaap	Profit Loss ProfitLoss	119195000	usd
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	157611000	usd
	frt	Adjustment Depreciation And Amortization AdjustmentDepreciationAndAmortization	146135000	usd
	frt	Gain On Sale Of Real Estate GainOnSaleOfRealEstate	1702000	usd
	frt	Gain On Sale Of Real Estate GainOnSaleOfRealEstate	0	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2181000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	3005000	usd
	us-gaap	Straight Line Rent StraightLineRent	5021000	usd
	us-gaap	Straight Line Rent StraightLineRent	9832000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	7445000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	7020000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2611000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2449000	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-3018000	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	10252000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-13505000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-18115000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1431000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-5578000	usd
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	2908000	usd
	frt	Increase Decrease In Security Deposits And Other Liabilities IncreaseDecreaseInSecurityDepositsAndOtherLiabilities	1172000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	292276000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	260521000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	59568000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	100022000	usd
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	104666000	usd
	frt	Capital Expenditures Development Redevelopment CapitalExpendituresDevelopmentRedevelopment	150524000	usd
	frt	Capital Expenditures Other CapitalExpendituresOther	50913000	usd
	frt	Capital Expenditures Other CapitalExpendituresOther	44024000	usd
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	0	usd
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	417000	usd
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	7569000	usd
	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	3665000	usd
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	9247000	usd
	us-gaap	Increase Decrease In Lease Acquisition Costs IncreaseDecreaseInLeaseAcquisitionCosts	9629000	usd
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	0	usd
	frt	Issuance And Repayments Of Mortgage And Other Notes Receivable Net IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet	-18000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-204199000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-300059000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	31500000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	345685000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	275000000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	0	usd
	frt	Repayment Of Mortgages Finance Leases And Notes Payable RepaymentOfMortgagesFinanceLeasesAndNotesPayable	1636000	usd
	frt	Repayment Of Mortgages Finance Leases And Notes Payable RepaymentOfMortgagesFinanceLeasesAndNotesPayable	17798000	usd
	us-gaap	Nature Of Operations NatureOfOperations	BUSINESS AND ORGANIZATION<div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Federal Realty Investment Trust (the "Parent Company" and the “Trust”) is an equity real estate investment trust (“REIT”). Federal Realty OP LP (the "Operating Partnership") is the entity through which the Parent Company conducts substantially all of its operations and owns all of its assets. The Parent Company owns 100% of the limited liability company interests of, is sole member of and exercises exclusive control over Federal Realty GP LLC ("the General Partner"), which in turn, is the sole general partner of the Operating Partnership. The Parent Company specializes in the ownership, management, and redevelopment of retail and mixed-use properties through the Operating Partnership, and has no other substantial assets or liabilities other than through its investment in the Operating Partnership. Our properties are located primarily in communities where we believe retail demand exceeds supply, in strategically selected metropolitan markets in the Mid-Atlantic and Northeast regions of the United States, California, and South Florida. As of June 30, 2023, we owned or had a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as 102 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 the Trust to qualify as a REIT for federal income tax purposes. A REIT that distributes at least 90% of its taxable income to its shareholders each year and meets certain other conditions is not taxed on that portion of its taxable income which is distributed to its shareholders. Therefore, federal income taxes on our taxable income have been and are generally expected to be immaterial. We are obligated to pay state taxes, generally consisting of franchise or gross receipts taxes in certain states. Such state taxes also have not been material.</span></div>
CY2023Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	102	project
	frt	Minimum Percentage Of Taxable Income Distributed To Shareholders MinimumPercentageOfTaxableIncomeDistributedToShareholders	0.90
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, referred to as “GAAP,” requires management to make estimates and assumptions that in certain circumstances affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and revenues and expenses. These estimates are prepared using management’s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from these estimates.</span></div>
	us-gaap	Interest Costs Incurred InterestCostsIncurred	72824000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	9177000	usd
	us-gaap	Interest Expense InterestExpense	63647000	usd
	us-gaap	Interest Paid Net InterestPaidNet	61973000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	607000	usd
	frt	Dividends Reinvested In Noncash Financing Transaction DividendsReinvestedInNoncashFinancingTransaction	866000	usd
	frt	Redemptionofdown Rei Toperatingpartnershipunitsforcommonshares RedemptionofdownREIToperatingpartnershipunitsforcommonshares	1385000	usd
	frt	Redemption Of Series1 Preferred Shares For Common Shares RedemptionOfSeries1PreferredSharesForCommonShares	0	usd
	frt	Redemption Of Series1 Preferred Shares For Common Shares RedemptionOfSeries1PreferredSharesForCommonShares	175000	usd
	us-gaap	Profit Loss ProfitLoss	119195000	usd
CY2022Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	300000	shares
CY2023Q2	us-gaap	Profit Loss ProfitLoss	63004000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	64467000	usd
	us-gaap	Profit Loss ProfitLoss	120735000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	98064000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	85558000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4692000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10790000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	102756000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	96348000	usd
CY2023Q2	us-gaap	Derivative Assets DerivativeAssets	6000000	usd
CY2023Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-400000	usd
	us-gaap	Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet	-800000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.160
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.160
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.140
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	2.140
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3696000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3500000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8130000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7679000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	348000	usd
CY2022Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	300000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	685000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	659000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	3348000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	3200000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	7445000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	7020000	usd
CY2023Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2008000	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2008000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4016000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4018000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2505000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2791000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	4901000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5535000	usd
CY2023Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	324000	usd
CY2022Q2	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	300000	usd
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	651000	usd
	frt	Earnings Allocated To Unvested Shares EarningsAllocatedToUnvestedShares	607000	usd
CY2023Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	58167000	usd
CY2022Q2	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	59368000	usd
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	111167000	usd
	frt	Net Income Available For Common Shareholders Basic And Diluted NetIncomeAvailableForCommonShareholdersBasicAndDiluted	109035000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	81214000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	79202000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	81178000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78826000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	29000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81214000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79202000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	81178000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	78855000	shares
CY2023Q2	frt	Earnings Per Common Share Basic And Diluted EarningsPerCommonShareBasicAndDiluted	0.72
CY2022Q2	frt	Earnings Per Common Share Basic And Diluted EarningsPerCommonShareBasicAndDiluted	0.75
	frt	Earnings Per Common Share Basic And Diluted EarningsPerCommonShareBasicAndDiluted	1.37
	frt	Earnings Per Common Share Basic And Diluted EarningsPerCommonShareBasicAndDiluted	1.38
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3034015000	usd

Files In Submission

Name	View Source	Status
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0000034903-23-000054-index.html	Edgar Link	pending
0000034903-23-000054.txt	Edgar Link	pending
0000034903-23-000054-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
frt-06302023xex31.htm	Edgar Link	pending
frt-06302023xex311.htm	Edgar Link	pending
frt-06302023xex312.htm	Edgar Link	pending
frt-06302023xex313.htm	Edgar Link	pending
frt-06302023xex314.htm	Edgar Link	pending
frt-06302023xex321.htm	Edgar Link	pending
frt-06302023xex322.htm	Edgar Link	pending
frt-06302023xex323.htm	Edgar Link	pending
frt-06302023xex324.htm	Edgar Link	pending
frt-20230630.htm	Edgar Link	pending
frt-20230630.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
frt-20230630_cal.xml	Edgar Link	unprocessable
frt-20230630_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
frt-20230630_def.xml	Edgar Link	unprocessable
frt-20230630_lab.xml	Edgar Link	unprocessable
frt-20230630_pre.xml	Edgar Link	unprocessable

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$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt

2023 Q3 Form 10-Q Financial Statement

#000003490323000054 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT FEDERAL REALTY INVESTMENT TRUST Stock $frt

2023 Q3 Form 10-Q Financial Statement

#000003490323000054 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FRT
FEDERAL REALTY INVESTMENT TRUST Stock $frt