v3.26.3
Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Increase (Decrease) in Partners' Capital [Roll Forward]        
Net Income, excluding amounts attributable to redeemable noncontrolling Interests $ 66,993 $ 62,513 $ 313,387 $ 285,031
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 5,014 (680) 11,307 (2,508)
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest (1,800)   (1,800)  
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 5,014 (680) 11,307 (2,508)
downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest   (81) (324) (7,334)
Federal Realty OP LP        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 3,434,572 3,320,100 3,318,986 3,244,144
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 66,993 62,513 313,387 285,031
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 5,014 (680) 11,307 (2,508)
Distributions declared to common unit holders (100,164) (97,474) (295,957) (287,282)
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 (665) (1,110) (2,467) (3,334)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs (67) (86)    
Common units issued as a result of common stock issued by Parent Company, net of issuance costs     60,321 54,306
Common units issued under dividend reinvestment plan 397 461 1,229 1,368
Share-based compensation expense, net of forfeitures 4,037 3,691 12,364 11,634
Common units repurchased (65,000)   (65,000)  
Common units withheld for employee taxes (332) (181) (5,310) (4,856)
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest (1,800)   (1,800)  
Contributions from noncontrolling interests     265  
Purchase of capped calls (21,712)   (21,712)  
Ending balance 3,319,265 3,285,145 3,319,265 3,285,145
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 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 3,201,402 3,091,329 3,091,896 3,012,066
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 64,161 59,641 304,946 275,309
Distributions declared to common unit holders (100,164) (97,474) (295,957) (287,282)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs (67) (86)    
Common units issued as a result of common stock issued by Parent Company, net of issuance costs     60,321 54,306
Common units issued under dividend reinvestment plan 397 461 1,229 1,368
Share-based compensation expense, net of forfeitures 4,037 3,691 12,364 11,634
Common units repurchased (65,000)   (65,000)  
Common units withheld for employee taxes (332) (181) (5,310) (4,856)
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest 451   451  
Purchase of capped calls (21,712)   (21,712)  
Ending balance 3,083,173 3,057,538 3,083,173 3,057,538
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 8,340 2,912 2,047 4,740
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 5,014 (680) 11,307 (2,508)
Ending balance 13,354 2,232 13,354 2,232
Federal Realty OP LP | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 3,364,530 3,249,029 3,248,731 3,171,594
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 66,169 61,649 310,970 281,333
Other comprehensive (loss) income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 5,014 (680) 11,307 (2,508)
Distributions declared to common unit holders (100,164) (97,474) (295,957) (287,282)
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 (67) (86)    
Common units issued as a result of common stock issued by Parent Company, net of issuance costs     60,321 54,306
Common units issued under dividend reinvestment plan 397 461 1,229 1,368
Share-based compensation expense, net of forfeitures 4,037 3,691 12,364 11,634
Common units repurchased (65,000)   (65,000)  
Common units withheld for employee taxes (332) (181) (5,310) (4,856)
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest 451   451  
Purchase of capped calls (21,712)   (21,712)  
Ending balance 3,251,315 3,214,558 3,251,315 3,214,558
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 70,042 71,071 70,255 72,550
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 824 864 2,417 3,698
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (665) (1,110) (2,467) (3,334)
Conversion of and Redemption of downREIT OP units and purchase of noncontrolling interest (2,251)   (2,251)  
Contributions from noncontrolling interests     265  
Ending balance $ 67,950 70,587 67,950 70,587
Federal Realty OP LP | downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units   (81) (324) (7,334)
Federal Realty OP LP | downREIT OP units | Common Units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units   157 (55) (5,007)
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 (55) (5,007)
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) $ (269) $ (2,327)