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v3.26.1

Consolidated Statements of Capital - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | $ 159,896 | $ 64,575
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | 3,028 | (1,144)
Conversion and Redemption of downREIT OP units | (324) |
Contributions from noncontrolling interests | 265 |
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 | 3,028 | (1,144)
downREIT OP units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Conversion and Redemption of downREIT OP units |  | 0
Federal Realty OP LP |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 3,318,986 | 3,244,144
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | 159,896 | 64,575
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | 3,028 | (1,144)
Distributions declared to common unit holders | (97,626) | (94,875)
Distributions on preferred units | (2,008) | (2,008)
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests | (668) | (869)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | 357 | 54,494
Common units issued under dividend reinvestment plan |  | 444
Share-based compensation expense, net of forfeitures | 4,537 | 4,112
Common units withheld for employee taxes | (4,926) | (4,607)
Contributions from noncontrolling interests | 265 |
Ending balance | 3,381,517 | 3,264,266
Federal Realty OP LP | Preferred Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 154,788 | 154,788
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | 2,008 | 2,008
Distributions on preferred units | (2,008) | (2,008)
Ending balance | 154,788 | 154,788
Federal Realty OP LP | Common Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 3,091,896 | 3,012,066
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | 157,091 | 61,760
Distributions declared to common unit holders | (97,626) | (94,875)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | 357 | 54,494
Common units issued under dividend reinvestment plan |  | 444
Share-based compensation expense, net of forfeitures | 4,537 | 4,112
Common units withheld for employee taxes | (4,926) | (4,607)
Ending balance | 3,151,274 | 3,033,497
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss) |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 2,047 | 4,740
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | 3,028 | (1,144)
Ending balance | 5,075 | 3,596
Federal Realty OP LP | Total Partner Capital |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 3,248,731 | 3,171,594
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | 159,099 | 63,768
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests | 3,028 | (1,144)
Distributions declared to common unit holders | (97,626) | (94,875)
Distributions on preferred units | (2,008) | (2,008)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs | 357 | 54,494
Common units issued under dividend reinvestment plan |  | 444
Share-based compensation expense, net of forfeitures | 4,537 | 4,112
Common units withheld for employee taxes | (4,926) | (4,607)
Ending balance | 3,311,137 | 3,191,881
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 70,255 | 72,550
Net Income, excluding amounts attributable to redeemable noncontrolling Interests | 797 | 807
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests | (668) | (869)
Contributions from noncontrolling interests | 265 |
Ending balance | 70,380 | 72,385
Federal Realty OP LP | downREIT OP units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Conversion and redemption of downREIT OP units | (324) | 0
Federal Realty OP LP | downREIT OP units | Common Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Conversion and redemption of downREIT OP units | (55) | 103
Federal Realty OP LP | downREIT OP units | Total Partner Capital |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Conversion and redemption of downREIT OP units | (55) | 103
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 | $ (269) | $ (103)

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