Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Operating (including $2,210,901 and $2,207,648 of consolidated variable interest entities, respectively)	$ 8,843,063	$ 8,814,791
Construction-in-progress (including $21,677 and $18,752 of consolidated variable interest entities, respectively)	662,985	607,271
Real estate, at cost, total	9,506,048	9,422,062
Less accumulated depreciation and amortization (including $403,533 and $389,950 of consolidated variable interest entities, respectively)	(2,587,121)	(2,531,095)
Net real estate	6,918,927	6,890,967
Cash and cash equivalents	157,944	162,132
Accounts and notes receivable, net	183,479	169,007
Mortgage notes receivable, net	9,519	9,543
Investment in partnerships	13,183	13,027
Operating lease right of use assets	90,231	90,743
Finance lease right of use assets	49,511	49,832
Prepaid expenses and other assets	245,581	237,069
TOTAL ASSETS	7,668,375	7,622,320
Liabilities
Mortgages payable, net (including $334,640 and $335,301 of consolidated variable interest entities, respectively)	339,236	339,993
Notes payable, net	301,540	301,466
Senior notes and debentures, net	3,406,491	3,406,088
Accounts payable and accrued expenses	233,773	235,168
Dividends payable	86,617	86,538
Security deposits payable	26,073	25,331
Operating lease liabilities	72,317	72,661
Finance lease liabilities	72,028	72,032
Other liabilities and deferred credits	201,680	206,187
Total liabilities	4,739,755	4,745,464
Commitments and contingencies (Note 5)
Redeemable noncontrolling interests	214,043	213,708
Shareholders’ equity
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 79,417,472 and 78,603,305 shares issued and outstanding, respectively	799	790
Additional paid-in capital	3,572,591	3,488,794
Accumulated dividends in excess of net income	(1,101,154)	(1,066,932)
Accumulated other comprehensive income (loss)	1,525	(2,047)
Total shareholders’ equity of the Trust	2,633,758	2,580,602
Noncontrolling interests	80,819	82,546
Total shareholders’ equity	2,714,577	2,663,148
Partner capital
Accumulated other comprehensive income (loss)	1,525	(2,047)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	7,668,375	7,622,320
Federal Realty OP LP
ASSETS
Operating (including $2,210,901 and $2,207,648 of consolidated variable interest entities, respectively)	8,843,063	8,814,791
Construction-in-progress (including $21,677 and $18,752 of consolidated variable interest entities, respectively)	662,985	607,271
Real estate, at cost, total	9,506,048	9,422,062
Less accumulated depreciation and amortization (including $403,533 and $389,950 of consolidated variable interest entities, respectively)	(2,587,121)	(2,531,095)
Net real estate	6,918,927	6,890,967
Cash and cash equivalents	157,944	162,132
Accounts and notes receivable, net	183,479	169,007
Mortgage notes receivable, net	9,519	9,543
Investment in partnerships	13,183	13,027
Operating lease right of use assets	90,231	90,743
Finance lease right of use assets	49,511	49,832
Prepaid expenses and other assets	245,581	237,069
TOTAL ASSETS	7,668,375	7,622,320
Liabilities
Mortgages payable, net (including $334,640 and $335,301 of consolidated variable interest entities, respectively)	339,236	339,993
Notes payable, net	301,540	301,466
Senior notes and debentures, net	3,406,491	3,406,088
Accounts payable and accrued expenses	233,773	235,168
Dividends payable	86,617	86,538
Security deposits payable	26,073	25,331
Operating lease liabilities	72,317	72,661
Finance lease liabilities	72,028	72,032
Other liabilities and deferred credits	201,680	206,187
Total liabilities	4,739,755	4,745,464
Commitments and contingencies (Note 5)
Redeemable noncontrolling interests	214,043	213,708
Shareholders’ equity
Accumulated other comprehensive income (loss)	1,525	(2,047)
Partner capital
Preferred units, 405,896 units issued and outstanding	154,963	154,963
Common units, 79,417,472 and 78,603,305 units issued and outstanding at March 31, 2022 and December 31, 2021, respectively	2,477,270	2,427,686
Accumulated other comprehensive income (loss)	1,525	(2,047)
Total partner capital	2,633,758	2,580,602
Noncontrolling interests in consolidated partnerships	80,819	82,546
Total capital	2,714,577	2,663,148
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	7,668,375	7,622,320
5.0% Series C Cumulative Redeemable Preferred Shares, (stated at liquidation preference $25,000 per share), 6,000 shares issued and outstanding
Shareholders’ equity
Preferred shares, authorized 15,000,000 shares, $.01 par:	150,000	150,000
5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 399,896 shares issued and outstanding
Shareholders’ equity
Preferred shares, authorized 15,000,000 shares, $.01 par:	$ 9,997	$ 9,997