2023 Q4 Form 10-Q Financial Statement
#000003490323000064 Filed on November 02, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $291.8M | $286.6M |
YoY Change | 4.2% | 4.81% |
Cost Of Revenue | $95.69M | $91.60M |
YoY Change | -0.28% | -0.01% |
Gross Profit | $196.1M | $195.0M |
YoY Change | 6.53% | 7.24% |
Gross Profit Margin | 67.21% | 68.04% |
Selling, General & Admin | $13.10M | $13.10M |
YoY Change | -3.61% | 0.0% |
% of Gross Profit | 6.68% | 6.72% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $82.46M | $81.70M |
YoY Change | 4.17% | 5.95% |
% of Gross Profit | 42.05% | 41.9% |
Operating Expenses | $95.52M | $186.5M |
YoY Change | 2.98% | 2.58% |
Operating Profit | $100.6M | $100.1M |
YoY Change | 10.14% | -47.8% |
Interest Expense | -$41.69M | $42.73M |
YoY Change | 11.45% | 21.87% |
% of Operating Profit | -41.44% | 42.69% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $67.09M | $59.40M |
YoY Change | -43.0% | -62.59% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $61.78M | $57.05M |
YoY Change | -45.47% | -63.46% |
Net Earnings / Revenue | 21.17% | 19.9% |
Basic Earnings Per Share | $0.67 | |
Diluted Earnings Per Share | $0.76 | $0.67 |
COMMON SHARES | ||
Basic Shares Outstanding | 81.62M shares | 81.52M shares |
Diluted Shares Outstanding | 81.27M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $250.8M | $98.20M |
YoY Change | 193.16% | -32.84% |
Cash & Equivalents | $250.8M | $98.21M |
Short-Term Investments | ||
Other Short-Term Assets | $254.2M | $255.2M |
YoY Change | -0.94% | 0.56% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $201.7M | $192.1M |
Other Receivables | $9.196M | $9.200M |
Total Short-Term Assets | $716.0M | $554.7M |
YoY Change | 30.34% | -7.03% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $7.677B | $7.699B |
YoY Change | 1.96% | 2.86% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $34.87M | $35.50M |
YoY Change | -75.99% | -71.1% |
Other Assets | $9.179M | $4.600M |
YoY Change | -14.93% | -62.97% |
Total Long-Term Assets | $7.721B | $7.739B |
YoY Change | 0.47% | 1.56% |
TOTAL ASSETS | ||
Total Short-Term Assets | $716.0M | $554.7M |
Total Long-Term Assets | $7.721B | $7.739B |
Total Assets | $8.437B | $8.294B |
YoY Change | 2.46% | 0.93% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $174.7M | $209.9M |
YoY Change | -8.21% | -14.54% |
Accrued Expenses | $75.87M | $76.40M |
YoY Change | -2.41% | -2.34% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $373.7M | $407.9M |
YoY Change | -3.4% | -7.72% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.612B | $4.518B |
YoY Change | 4.88% | 3.52% |
Other Long-Term Liabilities | $225.4M | $229.9M |
YoY Change | -5.16% | -5.31% |
Total Long-Term Liabilities | $4.837B | $4.748B |
YoY Change | 4.37% | 3.06% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $373.7M | $407.9M |
Total Long-Term Liabilities | $4.837B | $4.748B |
Total Liabilities | $5.211B | $5.156B |
YoY Change | 3.77% | 2.11% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $3.960B | $3.848B |
YoY Change | 3.6% | 1.39% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.964B | $2.882B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $8.437B | $8.294B |
YoY Change | 2.46% | 0.93% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $61.78M | $57.05M |
YoY Change | -45.47% | -63.46% |
Depreciation, Depletion And Amortization | $82.46M | $81.70M |
YoY Change | 4.17% | 5.95% |
Cash From Operating Activities | $112.6M | $150.9M |
YoY Change | 4.8% | 1.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $76.25M | $80.40M |
YoY Change | -46.05% | -119.17% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $6.623M | -$4.100M |
YoY Change | -74.0% | -108.33% |
Cash From Investing Activities | -$69.72M | -$84.40M |
YoY Change | -39.81% | -77.19% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 114.3M | -66.40M |
YoY Change | -311.9% | -135.81% |
NET CHANGE | ||
Cash From Operating Activities | 112.6M | 150.9M |
Cash From Investing Activities | -69.72M | -84.40M |
Cash From Financing Activities | 114.3M | -66.40M |
Net Change In Cash | 157.2M | 100.0K |
YoY Change | -352.31% | -100.28% |
FREE CASH FLOW | ||
Cash From Operating Activities | $112.6M | $150.9M |
Capital Expenditures | $76.25M | $80.40M |
Free Cash Flow | $36.38M | $70.50M |
YoY Change | -207.5% | -87.59% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
0 | usd |
CY2022Q3 | frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
70374000 | usd |
frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
0 | usd | |
frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
70374000 | usd | |
CY2023Q3 | frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
0 | usd |
CY2022Q3 | frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
29723000 | usd |
frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
1702000 | usd | |
frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
29723000 | usd | |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
100084000 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
191727000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
297693000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
371311000 | usd | |
CY2023Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
721000 | usd |
CY2022Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
234000 | usd |
us-gaap |
Interest Income Other
InterestIncomeOther
|
3775000 | usd | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
487000 | usd | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
42726000 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
35060000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
124835000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
98707000 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1313000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1873000 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3494000 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4878000 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
59392000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
158774000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
180127000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
277969000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2344000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2636000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7245000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8171000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57048000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
156138000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
172882000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
269798000 | usd | |
CY2023Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2008000 | usd |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81274000 | shares |
CY2022Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2008000 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
6024000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
6026000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
55040000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
154130000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
166858000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
263772000 | usd | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.90 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | ||
CY2022Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
87694000 | usd |
CY2022Q3 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
2008000 | usd |
CY2022Q3 | frt |
Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
|
1974000 | usd |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81210000 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.67 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.89 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.04 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.31 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81274000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81511000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81210000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80137000 | shares | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
60787000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
161569000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
181248000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
286902000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
58325000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
158672000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
173898000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
277929000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2980431000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
1817000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
57575000 | usd |
CY2023Q3 | frt |
Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest
|
118000 | usd |
CY2023Q3 | frt |
Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
|
1277000 | usd |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.09 | |
CY2023Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
88958000 | usd |
CY2023Q3 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
2008000 | usd |
CY2023Q3 | frt |
Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
|
3545000 | usd |
CY2023Q3 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1081000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9703000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
475000 | usd |
CY2023Q3 | frt |
Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
|
3738000 | usd |
CY2023Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
268000 | usd |
CY2023Q3 | frt |
Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
|
165000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3034015000 | usd |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
5036000 | usd | |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
175091000 | usd | |
frt |
Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest
|
105000 | usd | |
frt |
Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
|
1016000 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.25 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
265022000 | usd | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
6024000 | usd | |
frt |
Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
|
6972000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3283000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15895000 | usd | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1380000 | usd | |
frt |
Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
|
11868000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
4979000 | usd | |
frt |
Contributionsfromnoncontrollinginterests
Contributionsfromnoncontrollinginterests
|
1092000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2876427000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
1774000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
157000000 | usd |
CY2022Q3 | frt |
Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest
|
261000 | usd |
CY2022Q3 | frt |
Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
|
2534000 | usd |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.08 | |
CY2022Q3 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1441000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
32892000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
35000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
573000 | usd |
CY2022Q3 | frt |
Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
|
3579000 | usd |
CY2022Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
248000 | usd |
CY2022Q3 | frt |
Deconsolidation From Vie
DeconsolidationFromVIE
|
972000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
741000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2981880000 | 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
|
5301000 | usd | |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
272668000 | usd | |
frt |
Other Comprehensive Income Loss Attributable To Redeemable Noncontrolling Interest
OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest
|
802000 | usd | |
frt |
Other Comprehensive Income Loss Net Of Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest
|
8131000 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.22 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
256867000 | usd | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
6026000 | usd | |
frt |
Redeemable Noncontrolling Interest Decrease From Distributions To Redeemable Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders
|
6112000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4066000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
292344000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
35000 | usd | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1584000 | usd | |
frt |
Share Based Compensation Expense Net Value
ShareBasedCompensationExpenseNetValue
|
11258000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
4886000 | usd | |
frt |
Deconsolidation From Vie
DeconsolidationFromVIE
|
972000 | usd | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-3585000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2981880000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
180127000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
277969000 | usd | |
frt |
Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
|
239342000 | usd | |
frt |
Adjustment Depreciation And Amortization
AdjustmentDepreciationAndAmortization
|
223244000 | usd | |
frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
0 | usd | |
frt |
Deconsolidation Of Vie Gain Loss Amount
DeconsolidationOfVIEGainLossAmount
|
70374000 | usd | |
frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
1702000 | usd | |
frt |
Gain On Sale Of Real Estate
GainOnSaleOfRealEstate
|
29723000 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3494000 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4878000 | usd | |
us-gaap |
Straight Line Rent
StraightLineRent
|
8605000 | usd | |
us-gaap |
Straight Line Rent
StraightLineRent
|
14414000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10831000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10255000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3891000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3509000 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-10486000 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
5519000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1739000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1361000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
21282000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13948000 | usd | |
frt |
Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
|
578000 | usd | |
frt |
Increase Decrease In Security Deposits And Other Liabilities
IncreaseDecreaseInSecurityDepositsAndOtherLiabilities
|
10933000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
443215000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
409293000 | usd | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
59568000 | usd | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
429990000 | usd | |
frt |
Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
|
162662000 | usd | |
frt |
Capital Expenditures Development Redevelopment
CapitalExpendituresDevelopmentRedevelopment
|
213881000 | usd | |
frt |
Capital Expenditures Other
CapitalExpendituresOther
|
73229000 | usd | |
frt |
Capital Expenditures Other
CapitalExpendituresOther
|
70004000 | usd | |
frt |
Costsassociatedwithleasebuyoutforapropertysold
Costsassociatedwithleasebuyoutforapropertysold
|
1378000 | usd | |
frt |
Costsassociatedwithleasebuyoutforapropertysold
Costsassociatedwithleasebuyoutforapropertysold
|
2915000 | usd | |
us-gaap |
Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
|
12626000 | usd | |
us-gaap |
Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
|
66682000 | usd | |
us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
0 | usd | |
us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
4192000 | 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
|
9314000 | usd | |
us-gaap |
Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
|
5076000 | usd | |
us-gaap |
Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
|
13741000 | usd | |
us-gaap |
Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
|
17039000 | 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
|
3471000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-288638000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-670151000 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
50500000 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
267000000 | usd | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
345698000 | 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
|
2528000 | usd | |
frt |
Repayment Of Mortgages Finance Leases And Notes Payable
RepaymentOfMortgagesFinanceLeasesAndNotesPayable
|
18644000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16000000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
292671000 | usd | |
frt |
Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
|
268658000 | usd | |
frt |
Dividends Paid To Common And Preferred Shareholders
DividendsPaidToCommonAndPreferredShareholders
|
258009000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4979000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4886000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1092000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | usd | |
frt |
Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
|
10259000 | usd | |
frt |
Paymentsofdividendsandredemptionsminorityinterest
Paymentsofdividendsandredemptionsminorityinterest
|
33801000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-148134000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
244331000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6443000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-16527000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96348000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
175163000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
102791000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
158636000 | 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 September 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> | ||
CY2023Q3 | 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
|
141994000 | usd | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
112596000 | usd | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
17159000 | usd | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
13889000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
124835000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
98707000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
113414000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
94712000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
778000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
616000 | usd | |
frt |
Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
|
1275000 | usd | |
frt |
Dividends Reinvested In Noncash Financing Transaction
DividendsReinvestedInNoncashFinancingTransaction
|
1292000 | usd | |
frt |
Redemptionofdown Rei Toperatingpartnershipunitsforcommonshares
RedemptionofdownREIToperatingpartnershipunitsforcommonshares
|
883000 | 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 | |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
98210000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
85558000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
4581000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
10790000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
102791000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96348000 | usd |
CY2023Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
7200000 | usd |
CY2023Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
-500000 | usd |
us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
-1300000 | usd | |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
344000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1037000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1003000 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.250 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
3.240 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.220 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
3.210 | ||
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3579000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11868000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11258000 | usd | |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3235000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10831000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10255000 | usd | |
CY2022Q3 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
300000 | shares |
CY2023Q3 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
300000 | shares |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
59392000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
158774000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
180127000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
277969000 | usd | |
CY2023Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2008000 | usd |
CY2022Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2008000 | usd |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
6024000 | usd | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
6026000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2344000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2636000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7245000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8171000 | usd | |
CY2023Q3 | frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
323000 | usd |
CY2022Q3 | frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
535000 | usd |
frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
974000 | usd | |
frt |
Earnings Allocated To Unvested Shares
EarningsAllocatedToUnvestedShares
|
935000 | usd | |
CY2023Q3 | frt |
Net Income Available For Common Shareholders Basic
NetIncomeAvailableForCommonShareholdersBasic
|
54717000 | usd |
CY2022Q3 | frt |
Net Income Available For Common Shareholders Basic
NetIncomeAvailableForCommonShareholdersBasic
|
153595000 | usd |
frt |
Net Income Available For Common Shareholders Basic
NetIncomeAvailableForCommonShareholdersBasic
|
165884000 | usd | |
frt |
Net Income Available For Common Shareholders Basic
NetIncomeAvailableForCommonShareholdersBasic
|
262837000 | usd | |
CY2023Q3 | frt |
Income Attributable To Down Reit Operating Partnership Units
IncomeAttributableToDownREITOperatingPartnershipUnits
|
0 | usd |
CY2022Q3 | frt |
Income Attributable To Down Reit Operating Partnership Units
IncomeAttributableToDownREITOperatingPartnershipUnits
|
704000 | usd |
frt |
Income Attributable To Down Reit Operating Partnership Units
IncomeAttributableToDownREITOperatingPartnershipUnits
|
0 | usd | |
frt |
Income Attributable To Down Reit Operating Partnership Units
IncomeAttributableToDownREITOperatingPartnershipUnits
|
2111000 | usd | |
CY2023Q3 | frt |
Net Income Available For Common Shareholders Diluted
NetIncomeAvailableForCommonShareholdersDiluted
|
54717000 | usd |
CY2022Q3 | frt |
Net Income Available For Common Shareholders Diluted
NetIncomeAvailableForCommonShareholdersDiluted
|
154432000 | usd |
frt |
Net Income Available For Common Shareholders Diluted
NetIncomeAvailableForCommonShareholdersDiluted
|
165884000 | usd | |
frt |
Net Income Available For Common Shareholders Diluted
NetIncomeAvailableForCommonShareholdersDiluted
|
264948000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81274000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81210000 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2022Q3 | 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
|
1000 | shares | |
CY2023Q3 | frt |
Common Shares Attributable To Dilutive Effect Of Down Reit Operating Partnership Units
CommonSharesAttributableToDilutiveEffectOfDownREITOperatingPartnershipUnits
|
0 | shares |
CY2022Q3 | frt |
Common Shares Attributable To Dilutive Effect Of Down Reit Operating Partnership Units
CommonSharesAttributableToDilutiveEffectOfDownREITOperatingPartnershipUnits
|
652000 | shares |
frt |
Common Shares Attributable To Dilutive Effect Of Down Reit Operating Partnership Units
CommonSharesAttributableToDilutiveEffectOfDownREITOperatingPartnershipUnits
|
0 | shares | |
frt |
Common Shares Attributable To Dilutive Effect Of Down Reit Operating Partnership Units
CommonSharesAttributableToDilutiveEffectOfDownREITOperatingPartnershipUnits
|
656000 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81274000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81511000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81210000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80137000 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.90 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.31 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.67 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.89 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.04 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.31 |