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Earnings Per Share (Schedule Of Earnings Per Share) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Earnings Per Share [Abstract]                      
Income from continuing operations                 $ 167,888us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $ 137,811us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $ 142,972us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Less: Preferred share dividends                 (541)us-gaap_PreferredStockDividendsIncomeStatementImpact (541)us-gaap_PreferredStockDividendsIncomeStatementImpact (541)us-gaap_PreferredStockDividendsIncomeStatementImpact
Less: Income from continuing operations attributable to noncontrolling interests                 (7,754)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (4,927)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity (4,307)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Less: Earnings allocated to unvested shares                 (1,003)frt_EarningsAllocatedToUnvestedShares (889)frt_EarningsAllocatedToUnvestedShares (845)frt_EarningsAllocatedToUnvestedShares
Income from continuing operations available for common shareholders                 158,590frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders 131,454frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders 137,279frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders
Results from discontinued operations attributable to the Trust                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 24,803us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 1,400us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Gain on sale of real estate                 4,401us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes 4,994us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes 11,860us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
Net income available for common shareholders, basic and diluted                 162,991frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted 161,251frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted 150,539frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted
Weighted average common shares outstanding—basic                 67,322us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 65,331us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 63,881us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Stock options                 170us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 152us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 175us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Weighted average common shares outstanding—diluted                 67,492us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 65,483us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 64,056us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Continuing operations                 $ 2.35us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 2.01us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 2.15us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations                 $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.38us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Gain on sale of real estate                 $ 0.07frt_GainOnSaleOfRealEstatePerBasicShare $ 0.08frt_GainOnSaleOfRealEstatePerBasicShare $ 0.19frt_GainOnSaleOfRealEstatePerBasicShare
EARNINGS PER COMMON SHARE, BASIC $ 0.51us-gaap_EarningsPerShareBasic $ 0.69us-gaap_EarningsPerShareBasic [1] $ 0.64us-gaap_EarningsPerShareBasic $ 0.58us-gaap_EarningsPerShareBasic $ 0.43us-gaap_EarningsPerShareBasic $ 0.94us-gaap_EarningsPerShareBasic [1] $ 0.57us-gaap_EarningsPerShareBasic $ 0.53us-gaap_EarningsPerShareBasic $ 2.42us-gaap_EarningsPerShareBasic $ 2.47us-gaap_EarningsPerShareBasic $ 2.36us-gaap_EarningsPerShareBasic
Continuing operations                 $ 2.34us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 2.00us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 2.14us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations                 $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.38us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Gain on sale of real estate                 $ 0.07frt_GainOnSaleOfRealEstatePerDilutedShare $ 0.08frt_GainOnSaleOfRealEstatePerDilutedShare $ 0.19frt_GainOnSaleOfRealEstatePerDilutedShare
EARNINGS PER COMMON SHARE, DILUTED $ 0.51us-gaap_EarningsPerShareDiluted $ 0.69us-gaap_EarningsPerShareDiluted [1] $ 0.64us-gaap_EarningsPerShareDiluted $ 0.57us-gaap_EarningsPerShareDiluted $ 0.42us-gaap_EarningsPerShareDiluted $ 0.94us-gaap_EarningsPerShareDiluted $ 0.57us-gaap_EarningsPerShareDiluted $ 0.53us-gaap_EarningsPerShareDiluted $ 2.41us-gaap_EarningsPerShareDiluted $ 2.46us-gaap_EarningsPerShareDiluted $ 2.35us-gaap_EarningsPerShareDiluted
Income from continuing operations attributable to the Trust                 $ 160,134us-gaap_IncomeLossFromContinuingOperations $ 132,884us-gaap_IncomeLossFromContinuingOperations $ 138,665us-gaap_IncomeLossFromContinuingOperations
[1] Third quarter 2014 includes a $4.4 million gain on sale reflecting our share of the Partnership's sale of Pleasant Shops as further discussed in Note 5. Third quarter 2013 includes a $23.9 million gain on sale of two retail buildings as further discussed in Note 3.