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v3.25.3

Consolidated Statements of Capital - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | $ 62,513 | $ 61,719 | $ 285,031 | $ 230,953
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | (680) | (4,870) | (2,508) | (1,880)
Purchase of noncontrolling interest | (81) |  | (7,334) | (12,358)
Contributions from noncontrolling interests |  |  |  | 725
Purchase of capped calls |  |  |  | (19,448)
Accumulated Other Comprehensive Income (Loss) |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | (680) | (4,870) | (2,508) | (1,880)
downREIT OP units |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Purchase of noncontrolling interest |  | (675) |  | (960)
Federal Realty OP LP |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 3,320,100 | 3,070,813 | 3,244,144 | 3,042,159
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | 62,513 | 61,719 | 285,031 | 230,953
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | (680) | (4,870) | (2,508) | (1,880)
Distributions declared to common unit holders | (97,474) | (93,442) | (287,282) | (275,006)
Distributions on preferred units | (2,008) | (2,008) | (6,024) | (6,024)
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests | (1,110) | (1,293) | (3,334) | (3,183)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | (86) |  |  |
Common units issued as a result of common stock issued by Parent Company, net of issuance costs |  | 151,389 | 54,306 | 222,319
Common units issued under dividend reinvestment plan | 461 | 476 | 1,368 | 1,323
Share-based compensation expense, net of forfeitures | 3,691 | 3,777 | 11,634 | 11,952
Common units withheld for employee taxes | (181) | (286) | (4,856) | (4,972)
Purchase of noncontrolling interest |  |  |  | (12,358)
Contributions from noncontrolling interests |  |  |  | 725
Purchase of capped calls |  |  |  | (19,448)
Ending balance | 3,285,145 | 3,185,600 | 3,285,145 | 3,185,600
Federal Realty OP LP | Preferred Units |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 154,788 | 154,788 | 154,788 | 154,788
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | 2,008 | 2,008 | 6,024 | 6,024
Distributions on preferred units | (2,008) | (2,008) | (6,024) | (6,024)
Ending balance | 154,788 | 154,788 | 154,788 | 154,788
Federal Realty OP LP | Common Units |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 3,091,329 | 2,833,788 | 3,012,066 | 2,804,669
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | 59,641 | 58,945 | 275,309 | 223,647
Distributions declared to common unit holders | (97,474) | (93,442) | (287,282) | (275,006)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | (86) |  |  |
Common units issued as a result of common stock issued by Parent Company, net of issuance costs |  | 151,389 | 54,306 | 222,319
Common units issued under dividend reinvestment plan | 461 | 476 | 1,368 | 1,323
Share-based compensation expense, net of forfeitures | 3,691 | 3,777 | 11,634 | 11,952
Common units withheld for employee taxes | (181) | (286) | (4,856) | (4,972)
Purchase of noncontrolling interest |  |  |  | (10,264)
Purchase of capped calls |  |  |  | (19,448)
Ending balance | 3,057,538 | 2,954,507 | 3,057,538 | 2,954,507
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss) |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 2,912 | 7,042 | 4,740 | 4,052
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | (680) | (4,870) | (2,508) | (1,880)
Ending balance | 2,232 | 2,172 | 2,232 | 2,172
Federal Realty OP LP | Total Partner Capital |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 3,249,029 | 2,995,618 | 3,171,594 | 2,963,509
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | 61,649 | 60,953 | 281,333 | 229,671
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | (680) | (4,870) | (2,508) | (1,880)
Distributions declared to common unit holders | (97,474) | (93,442) | (287,282) | (275,006)
Distributions on preferred units | (2,008) | (2,008) | (6,024) | (6,024)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | (86) |  |  |
Common units issued as a result of common stock issued by Parent Company, net of issuance costs |  | 151,389 | 54,306 | 222,319
Common units issued under dividend reinvestment plan | 461 | 476 | 1,368 | 1,323
Share-based compensation expense, net of forfeitures | 3,691 | 3,777 | 11,634 | 11,952
Common units withheld for employee taxes | (181) | (286) | (4,856) | (4,972)
Purchase of noncontrolling interest |  |  |  | (10,264)
Purchase of capped calls |  |  |  | (19,448)
Ending balance | 3,214,558 | 3,111,467 | 3,214,558 | 3,111,467
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Beginning balance | 71,071 | 75,195 | 72,550 | 78,650
Net Income (loss), excluding amounts attributable to redeemable noncontrolling Interests | 864 | 766 | 3,698 | 1,282
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests | (1,110) | (1,293) | (3,334) | (3,183)
Purchase of noncontrolling interest |  |  |  | (2,094)
Contributions from noncontrolling interests |  |  |  | 725
Ending balance | 70,587 | 74,133 | 70,587 | 74,133
Federal Realty OP LP | downREIT OP units |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Conversion and redemption of downREIT OP units | (81) | (675) | (7,334) | (960)
Federal Realty OP LP | downREIT OP units | Common Units |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Conversion and redemption of downREIT OP units | 157 | (140) | (5,007) | 287
Federal Realty OP LP | downREIT OP units | Total Partner Capital |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Conversion and redemption of downREIT OP units | 157 | (140) | (5,007) | 287
Federal Realty OP LP | downREIT OP units | Noncontrolling Interests in Consolidated Partnerships |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |
Conversion and redemption of downREIT OP units | $ (238) | $ (535) | $ (2,327) | $ (1,247)

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