v3.26.1
Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Increase (Decrease) in Partners' Capital [Roll Forward]        
Net Income, excluding amounts attributable to redeemable noncontrolling Interests $ 86,498 $ 157,943 $ 246,394 $ 222,518
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 3,265 (684) 6,293 (1,828)
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 3,265 (684) 6,293 (1,828)
downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and Redemption of downREIT OP units   (7,253) (324) (7,253)
Federal Realty OP LP        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 3,381,517 3,264,266 3,318,986 3,244,144
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 86,498 157,943 246,394 222,518
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 3,265 (684) 6,293 (1,828)
Distributions declared to common unit holders (98,167) (94,933) (195,793) (189,808)
Distributions on preferred units (2,008) (2,008) (4,016) (4,016)
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (1,134) (1,355) (1,802) (2,224)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 60,388 (102) 60,388 54,392
Common units issued under dividend reinvestment plan 475 463 832 907
Share-based compensation expense, net of forfeitures 3,790 3,831 8,327 7,943
Common units withheld for employee taxes (52) (68) (4,978) (4,675)
Contributions from noncontrolling interests     265  
Ending balance 3,434,572 3,320,100 3,434,572 3,320,100
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, excluding amounts attributable to redeemable noncontrolling Interests 2,008 2,008 4,016 4,016
Distributions on preferred units (2,008) (2,008) (4,016) (4,016)
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 3,151,274 3,033,497 3,091,896 3,012,066
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 83,694 153,908 240,785 215,668
Distributions declared to common unit holders (98,167) (94,933) (195,793) (189,808)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 60,388 (102) 60,388 54,392
Common units issued under dividend reinvestment plan 475 463 832 907
Share-based compensation expense, net of forfeitures 3,790 3,831 8,327 7,943
Common units withheld for employee taxes (52) (68) (4,978) (4,675)
Ending balance 3,201,402 3,091,329 3,201,402 3,091,329
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 5,075 3,596 2,047 4,740
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 3,265 (684) 6,293 (1,828)
Ending balance 8,340 2,912 8,340 2,912
Federal Realty OP LP | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 3,311,137 3,191,881 3,248,731 3,171,594
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 85,702 155,916 244,801 219,684
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 3,265 (684) 6,293 (1,828)
Distributions declared to common unit holders (98,167) (94,933) (195,793) (189,808)
Distributions on preferred units (2,008) (2,008) (4,016) (4,016)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 60,388 (102) 60,388 54,392
Common units issued under dividend reinvestment plan 475 463 832 907
Share-based compensation expense, net of forfeitures 3,790 3,831 8,327 7,943
Common units withheld for employee taxes (52) (68) (4,978) (4,675)
Ending balance 3,364,530 3,249,029 3,364,530 3,249,029
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 70,380 72,385 70,255 72,550
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 796 2,027 1,593 2,834
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (1,134) (1,355) (1,802) (2,224)
Contributions from noncontrolling interests     265  
Ending balance $ 70,042 71,071 70,042 71,071
Federal Realty OP LP | downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units   (7,253) (324) (7,253)
Federal Realty OP LP | downREIT OP units | Common Units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units   (5,267) (55) (5,164)
Federal Realty OP LP | downREIT OP units | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units   (5,267) (55) (5,164)
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   $ (1,986) $ (269) $ (2,089)