Schedule III - Summary of Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2014

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Summary of Real Estate and Accumulated Depreciation

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2014 (Dollars in thousands)
COLUMN A		COLUMN B		COLUMN C				COLUMN D		COLUMN E						COLUMN F		COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance		Initial cost to company				Cost Capitalized Subsequent to Acquisition		Gross amount at which carried at close of period						Accumulated Depreciation and Amortization		Date of Construction	Date Acquired	Life on  which depreciation in latest income statements is computed
				Land		Building and Improvements				Land		Building and Improvements		Total
150 POST STREET (California)	CA	$	—	$	11,685	$	9,181	$	16,350	$	11,685	$	25,531	$	37,216	$	16,363	1908/1965	10/23/1997	35 years
29TH PLACE (Virginia)	VA	4,917		10,211		18,863		11,222		10,225		30,071		40,296		7,323		1975 - 2001	5/30/2007	35 years
ANDORRA (Pennsylvania)	PA	—		2,432		12,346		10,875		2,432		23,221		25,653		17,090		1953	1/12/1988	35 years
ASSEMBLY ROW/ASSEMBLY SQUARE MARKETPLACE (Massachusetts)	MA	—		93,252		34,196		305,854		93,252		340,050		433,302		21,953		2005, 2012-2014	2005-2013	35 years
THE AVENUE AT WHITE MARSH (Maryland)	MD	52,705		20,682		72,432		4,514		20,685		76,943		97,628		22,282		1997	3/8/2007	35 years
BALA CYNWYD (Pennsylvania)	PA	—		3,565		14,466		22,187		3,566		36,652		40,218		16,281		1955	9/22/1993	35 years
BARRACKS ROAD (Virginia)	VA	35,985		4,363		16,459		39,643		4,363		56,102		60,465		37,539		1958	12/31/1985	35 years
BETHESDA ROW (Maryland)	MD	—		46,579		35,406		141,226		44,880		178,331		223,211		56,776		1945-2008	12/31/93, 6/2/97, 1/20/06, 9/25/08, 9/30/08, & 12/27/10	35 - 50 years
BRICK PLAZA (New Jersey)	NJ	26,415		—		24,715		35,770		3,944		56,541		60,485		42,119		1958	12/28/1989	35 years
BRISTOL PLAZA (Connecticut)	CT	—		3,856		15,959		9,602		3,856		25,561		29,417		14,521		1959	9/22/1995	35 years
BROOK 35 (New Jersey)	NJ	11,500		7,128		38,355		573		7,128		38,928		46,056		1,312		1986/2004	1/1/2014	35 years
CHELSEA COMMONS (Massachusetts)	MA	6,790		9,417		19,466		13,825		9,396		33,312		42,708		5,484		1962/1969/2008	8/25/06, 1/30/07, & 7/16/08	35 years
COLORADO BLVD (California)	CA	—		5,262		4,071		8,787		5,262		12,858		18,120		9,336		1905-1988	12/31/96 & 8/14/98	35 years
CONGRESSIONAL PLAZA (Maryland)	MD	—		2,793		7,424		69,801		1,020		78,998		80,018		47,425		1965/2003	4/1/1965	35 years
COURTHOUSE CENTER (Maryland)	MD	—		1,750		1,869		1,142		1,750		3,011		4,761		1,589		1975	12/17/1997	35 years
COURTYARD SHOPS (Florida)	FL	—		16,862		21,851		2,025		16,894		23,844		40,738		5,731		1990/1998	9/4/2008	35 years
CROSSROADS (Illinois)	IL	—		4,635		11,611		14,897		4,635		26,508		31,143		14,056		1959	7/19/1993	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2014 (Dollars in thousands)
COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on  which depreciation in latest income statements is computed
			Land	Building and Improvements		Land	Building and Improvements	Total
CROW CANYON COMMONS (California)	CA	—	27,245	54,575	4,915	27,245	59,490	86,735	15,878	Late 1970's/ 1998/2006	12/29/05 & 2/28/07	35 years
DARIEN (Connecticut)	CT	—	29,809	18,302	21	29,809	18,323	48,132	1,134	1920-2009	4/3/2013	35 years
DEDHAM PLAZA (Massachusetts)	MA	—	12,287	12,918	9,834	12,287	22,752	35,039	12,909	1959	12/31/1993	35 years
DEL MAR VILLAGE (Florida)	FL	—	15,624	41,712	2,494	15,587	44,243	59,830	15,971	1982/1994/2007	5/30/08, 7/11/08, & 10/14/14	35 years
EAST BAY BRIDGE (California)	CA	—	29,079	138,035	1,395	29,079	139,430	168,509	9,604	1994-2001, 2011/2012	12/21/2012	35 years
EASTGATE (North Carolina)	NC	—	1,608	5,775	20,329	1,608	26,104	27,712	17,343	1963	12/18/1986	35 years
ELLISBURG (New Jersey)	NJ	—	4,028	11,309	18,818	4,013	30,142	34,155	17,344	1959	10/16/1992	35 years
ESCONDIDO PROMENADE (California)	CA	—	19,117	15,829	12,118	19,117	27,947	47,064	12,034	1987	12/31/96 & 11/10/10	35 years
FALLS PLAZA (Virginia)	VA	—	1,798	1,270	9,787	1,819	11,036	12,855	7,607	1960/1962	9/30/67 & 10/05/72	25 years
FEDERAL PLAZA (Maryland)	MD	—	10,216	17,895	37,699	10,216	55,594	65,810	37,299	1970	6/29/1989	35 years
FINLEY SQUARE (Illinois)	IL	—	9,252	9,544	13,829	9,252	23,373	32,625	16,607	1974	4/27/1995	35 years
FLOURTOWN (Pennsylvania)	PA	—	1,345	3,943	9,010	1,345	12,953	14,298	4,490	1957	4/25/1980	35 years
FRESH MEADOWS (New York)	NY	—	24,625	25,255	30,115	24,633	55,362	79,995	30,687	1946-1949	12/5/1997	35 years
FRIENDSHIP CENTER (District of Columbia)	DC	—	12,696	20,803	3,999	12,696	24,802	37,498	8,889	1998	9/21/2001	35 years
GAITHERSBURG SQUARE (Maryland)	MD	—	7,701	5,271	12,810	5,973	19,809	25,782	15,980	1966	4/22/1993	35 years
GARDEN MARKET (Illinois)	IL	—	2,677	4,829	5,181	2,677	10,010	12,687	6,111	1958	7/28/1994	35 years
GOVERNOR PLAZA (Maryland)	MD	—	2,068	4,905	19,744	2,068	24,649	26,717	17,018	1963	10/1/1985	35 years
GRAHAM PARK PLAZA (Virginia)	VA	—	1,237	15,096	17,536	1,169	32,700	33,869	24,764	1971	7/21/1983	35 years
GRATIOT PLAZA (Michigan)	MI	—	525	1,601	17,092	525	18,693	19,218	15,431	1964	3/29/1973	25.75 years
GREENWICH AVENUE (Connecticut)	CT	—	7,484	5,444	1,041	7,484	6,485	13,969	3,590	1968	4/12/1995	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2014 (Dollars in thousands)
COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on  which depreciation in latest income statements is computed
			Land	Building and Improvements		Land	Building and Improvements	Total
HAUPPAUGE (New York)	NY	13,566	8,791	15,262	4,060	8,426	19,687	28,113	9,591	1963	8/6/1998	35 years
HERMOSA AVENUE (California)	CA	—	1,116	280	4,485	1,368	4,513	5,881	2,365	1922	9/17/1997	35 years
HOLLYWOOD BLVD. (California)	CA	—	8,300	16,920	21,729	8,300	38,649	46,949	10,619	1929/1991	3/22/99 & 6/18/99	35 years
HOUSTON STREET (Texas)	TX	—	14,680	1,976	45,419	14,778	47,297	62,075	27,915	var	1998	35 years
HUNTINGTON (New York)	NY	—	11,713	16,008	16,042	11,713	32,050	43,763	12,121	1962	12/12/88 & 10/26/07	35 years
HUNTINGTON SQUARE (New York)	NY	—	—	10,075	2,307	—	12,382	12,382	1,717	1980/2004-2007	8/16/2010	35 years
IDYLWOOD PLAZA (Virginia)	VA	—	4,308	10,026	2,390	4,308	12,416	16,724	7,553	1991	4/15/1994	35 years
KINGS COURT (California)	CA	—	—	10,714	894	—	11,608	11,608	7,429	1960	8/24/1998	26 years
LANCASTER (Pennsylvania)	PA	4,907	—	2,103	11,441	75	13,469	13,544	7,341	1958	4/24/1980	22 years
LANGHORNE SQUARE (Pennsylvania)	PA	—	720	2,974	18,082	720	21,056	21,776	12,997	1966	1/31/1985	35 years
LAUREL (Maryland)	MD	—	7,458	22,525	22,974	7,464	45,493	52,957	32,934	1956	8/15/1986	35 years
LAWRENCE PARK (Pennsylvania)	PA	25,507	5,723	7,160	19,078	5,734	26,227	31,961	23,109	1972	7/23/1980	22 years
LEESBURG PLAZA (Virginia)	VA	—	8,184	10,722	16,729	8,184	27,451	35,635	12,093	1967	9/15/1998	35 years
LINDEN SQUARE (Massachusetts)	MA	—	79,382	19,247	48,105	79,269	67,465	146,734	15,329	1960-2008	8/24/2006	35 years
MELVILLE MALL (New York)	NY	—	35,622	32,882	1,401	35,622	34,283	69,905	7,968	1974	10/16/2006	35 years
MERCER MALL (New Jersey)	NJ	55,741	28,684	48,028	39,012	28,684	87,040	115,724	30,786	1975	10/14/2003	25 - 35 years
MONTROSE CROSSING (Maryland)	MD	75,867	48,624	91,819	12,663	48,624	104,482	153,106	12,524	1960s, 1970s, 1996 & 2011	12/27/11, 12/19/13	35 years
MOUNT VERNON/SOUTH VALLEY/7770 RICHMOND HWY. (Virginia)	VA	—	10,068	33,501	38,701	10,230	72,040	82,270	25,865	1966/1972/1987/2001	3/31/03, 3/21/03, & 1/27/06	35 years
TOWN CENTER OF NEW BRITAIN (Pennsylvania)	PA	—	1,282	12,285	1,064	1,341	13,290	14,631	3,752	1969	6/29/2006	35 years
NORTH DARTMOUTH (Massachusetts)	MA	—	9,366	—	2	9,366	2	9,368	2	2004	8/24/2006

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2014 (Dollars in thousands)
COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on  which depreciation in latest income statements is computed
			Land	Building and Improvements		Land	Building and Improvements	Total
NORTHEAST (Pennsylvania)	PA	—	1,152	10,596	13,116	1,153	23,711	24,864	18,127	1959	8/30/1983	35 years
NORTH LAKE COMMONS (Illinois)	IL	—	2,782	8,604	5,184	2,628	13,942	16,570	7,064	1989	4/27/1994	35 years
OLD KEENE MILL (Virginia)	VA	—	638	998	4,744	638	5,742	6,380	4,870	1968	6/15/1976	33.33 years
OLD TOWN CENTER (California)	CA	—	3,420	2,765	31,637	3,420	34,402	37,822	19,398	1962, 1997-1998	10/22/1997	35 years
PAN AM SHOPPING CENTER (Virginia)	VA	—	8,694	12,929	7,178	8,695	20,106	28,801	13,321	1979	2/5/1993	35 years
PENTAGON ROW (Virginia)	VA	—	—	2,955	95,525	—	98,480	98,480	39,074	1999 - 2002	1998 & 11/22/10	35 years
PERRING PLAZA (Maryland)	MD	—	2,800	6,461	20,575	2,800	27,036	29,836	20,605	1963	10/1/1985	35 years
PIKE & ROSE (Maryland)	MD	—	31,471	10,335	240,995	26,201	256,600	282,801	1,326	1963 & 2012-2014	5/18/82, 10/26/07, & 7/31/12	50 years
PIKE 7 (Virginia)	VA	—	9,709	22,799	3,720	9,653	26,575	36,228	14,025	1968	3/31/1997	35 years
PLAZA EL SEGUNDO (California)	CA	180,269	62,127	153,556	36,876	62,127	190,432	252,559	18,186	2006 & 2007	12/30/11, 6/14/13, 7/26/13 & 12/27/13	35 years
QUEEN ANNE PLAZA (Massachusetts)	MA	—	3,319	8,457	6,274	3,319	14,731	18,050	8,433	1967	12/23/1994	35 years
QUINCE ORCHARD (Maryland)	MD	—	3,197	7,949	21,878	2,928	30,096	33,024	14,462	1975	4/22/1993	35 years
ROCKVILLE TOWN SQUARE (Maryland)	MD	4,508	—	8,092	41,858	—	49,950	49,950	11,727	2005 - 2007	2006 - 2007	50 years
ROLLINGWOOD APTS. (Maryland)	MD	22,130	552	2,246	7,046	572	9,272	9,844	8,189	1960	1/15/1971	25 years
SAM'S PARK & SHOP (District of Columbia)	DC	—	4,840	6,319	1,338	4,840	7,657	12,497	4,364	1930	12/1/1995	35 years
SANTANA ROW (California)	CA	—	66,682	7,502	619,379	57,574	635,989	693,563	135,085	1999-2006, 2009, 2011, 2014	3/5/97, 7/13/12, 9/6/12, 4/30/13 & 9/23/13	40 - 50 years
SAUGUS PLAZA (Massachusetts)	MA	—	4,383	8,291	2,227	4,383	10,518	14,901	5,436	1976	10/1/1996	35 years
SHIRLINGTON (Virginia)	VA	6,491	9,761	14,808	35,364	4,234	55,699	59,933	20,957	1940, 2006-2009	12/21/1995	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2014 (Dollars in thousands)
COLUMN A		COLUMN B		COLUMN C				COLUMN D		COLUMN E						COLUMN F		COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance		Initial cost to company				Cost Capitalized Subsequent to Acquisition		Gross amount at which carried at close of period						Accumulated Depreciation and Amortization		Date of Construction	Date Acquired	Life on  which depreciation in latest income statements is computed
				Land		Building and Improvements				Land		Building and Improvements		Total
THE GROVE AT SHREWSBURY (New Jersey)	NJ	59,633		18,016		103,115		406		18,016		103,521		121,537		3,507		1988/1993/2007	1/1/2014 & 10/6/14	35 years
THE SHOPPES AT NOTTINGHAM SQUARE (Maryland)	MD	—		4,441		12,849		148		4,441		12,997		17,438		3,515		2005 - 2006	3/8/2007	35 years
THIRD STREET PROMENADE (California)	CA	—		22,645		12,709		42,994		25,125		53,223		78,348		28,315		1888-2000	1996-2000	35 years
TOWER (Virginia)	VA	—		7,170		10,518		3,715		7,280		14,123		21,403		7,396		1953-1960	8/24/1998	35 years
TOWER SHOPS (Florida)	FL	—		29,940		43,390		10,594		29,962		53,962		83,924		8,425		1989	1/19/11 & 6/13/14	35 years
TROY (New Jersey)	NJ	—		3,126		5,193		21,653		4,028		25,944		29,972		18,843		1966	7/23/1980	22 years
TYSON'S STATION (Virginia)	VA	—		388		453		3,679		475		4,045		4,520		3,277		1954	1/17/1978	17 years
WESTGATE CENTER (California)	CA	—		6,319		107,284		28,278		6,319		135,562		141,881		31,731		1960-1966	3/31/2004	35 years
WHITE MARSH PLAZA (Maryland)	MD	—		3,478		21,413		248		3,478		21,661		25,139		6,307		1987	3/8/2007	35 years
WHITE MARSH OTHER (Maryland)	MD	—		34,281		1,843		402		34,311		2,215		36,526		591		1985	3/8/2007	35 years
WILDWOOD (Maryland)	MD	22,420		9,111		1,061		8,354		9,111		9,415		18,526		7,946		1958	5/5/1969	33.33 years
WILLOW GROVE (Pennsylvania)	PA	—		1,499		6,643		21,819		1,499		28,462		29,961		23,185		1953	11/20/1984	35 years
WILLOW LAWN (Virginia)	VA	—		3,192		7,723		73,143		7,790		76,268		84,058		48,754		1957	12/5/1983	35 years
WYNNEWOOD (Pennsylvania)	PA	25,994		8,055		13,759		18,808		8,055		32,567		40,622		18,729		1948	10/29/1996	35 years
TOTALS		$	635,345	$	1,116,102	$	1,781,103	$	2,711,793	$	1,102,836	$	4,506,162	$	5,608,998	$	1,467,050

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION - CONTINUED Three Years Ended December 31, 2014 Reconciliation of Total Cost (in thousands)
Balance, December 31, 2011	$	4,426,444
Additions during period
Acquisitions	193,131
Improvements	187,990
Deduction during period—disposition and retirements of property	(27,891		)
Balance, December 31, 2012	4,779,674
Additions during period
Acquisitions	76,359
Improvements	329,522
Deduction during period—disposition and retirements of property	(36,092		)
Balance, December 31, 2013	5,149,463
Additions during period
Acquisitions	174,328
Improvements	329,674
Deduction during period—disposition and retirements of property and transfer to joint venture	(44,467		)
Balance, December 31, 2014	$	5,608,998

_____________________

(1) For Federal tax purposes, the aggregate cost basis is approximately $5.1 billion as of December 31, 2014.

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION - CONTINUED Three Years Ended December 31, 2014 Reconciliation of Accumulated Depreciation and Amortization (in thousands)
Balance, December 31, 2011	$	1,127,588
Additions during period—depreciation and amortization expense	128,654
Deductions during period—disposition and retirements of property	(31,947		)
Balance, December 31, 2012	1,224,295
Additions during period—depreciation and amortization expense	147,730
Deductions during period—disposition and retirements of property	(21,554		)
Balance, December 31, 2013	1,350,471
Additions during period—depreciation and amortization expense	155,662
Deductions during period—disposition and retirements of property	(39,083		)
Balance, December 31, 2014	$	1,467,050