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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUE    
Rental income $ 332,658 $ 302,294
Other property income 7,890 6,585
Mortgage interest income 536 275
Total revenue 341,084 309,154
EXPENSES    
Rental expenses 74,697 67,804
Real estate taxes 38,971 36,567
General and administrative 11,925 10,875
Depreciation and amortization 99,217 86,946
Total operating expenses 224,810 202,192
Gain on sale of real estate 92,711 1,171
OPERATING INCOME 208,985 108,133
OTHER INCOME/(EXPENSE)    
Other interest income 1,040 743
Interest expense (49,116) (42,475)
Income from partnerships 161 177
NET INCOME 161,070 66,578
Net income attributable to noncontrolling interests (1,971) (2,810)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP 159,099 63,768
Dividends on preferred shares (2,008) (2,008)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS $ 157,091 $ 61,760
EARNINGS PER COMMON SHARE/UNIT, BASIC:    
Net income available for common shareholders, Basic $ 1.82 $ 0.72
Weighted average number of common shares, Basic 86,040 85,472
EARNINGS PER COMMON SHARE/UNIT, DILUTED:    
Net income available for common shareholders, Diluted $ 1.81 $ 0.72
Weighted average number of common shares, Diluted 86,662 85,472
COMPREHENSIVE INCOME    
COMPREHENSIVE INCOME $ 164,108 $ 65,334
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP 162,127 62,624
Federal Realty OP LP    
REVENUE    
Rental income 332,658 302,294
Other property income 7,890 6,585
Mortgage interest income 536 275
Total revenue 341,084 309,154
EXPENSES    
Rental expenses 74,697 67,804
Real estate taxes 38,971 36,567
General and administrative 11,925 10,875
Depreciation and amortization 99,217 86,946
Total operating expenses 224,810 202,192
Gain on sale of real estate 92,711 1,171
OPERATING INCOME 208,985 108,133
OTHER INCOME/(EXPENSE)    
Other interest income 1,040 743
Interest expense (49,116) (42,475)
Income from partnerships 161 177
NET INCOME 161,070 66,578
Net income attributable to noncontrolling interests (1,971) (2,810)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP 159,099 63,768
Distributions on preferred units (2,008) (2,008)
NET INCOME AVAILABLE FOR COMMON UNIT HOLDERS $ 157,091 $ 61,760
EARNINGS PER COMMON SHARE/UNIT, BASIC:    
Net income available for common unit holders, Basic $ 1.82 $ 0.72
Weighted average number of common units, Basic 86,040 85,472
EARNINGS PER COMMON SHARE/UNIT, DILUTED:    
Net income available for common unit holders, Diluted $ 1.81 $ 0.72
Weighted average common units outstanding, diluted 86,662 85,472
COMPREHENSIVE INCOME    
COMPREHENSIVE INCOME $ 164,108 $ 65,334
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP $ 162,127 $ 62,624