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Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Partners' Capital [Roll Forward]        
Net Income, excluding amounts attributable to redeemable noncontrolling Interests $ 112,788 $ 61,453 $ 169,234 $ 117,516
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143 950 2,990 (261)
Contributions from noncontrolling interests   927 725 927
Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143 950 2,990 (261)
Federal Realty OP LP        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 2,995,992 3,004,241 3,042,159 3,034,015
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 112,788 61,453 169,234 117,516
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143 950 2,990 (261)
Distributions declared to common unit holders (91,085) (88,031) (181,564) (176,064)
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 (1,092) (1,154) (1,890) (2,202)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 64,553 (59) 70,930 6,192
Common units issued under dividend reinvestment plan 492 482 847 905
Share-based compensation expense, net of forfeitures 3,745 3,696 8,175 8,130
Common units withheld for employee taxes (72) (66) (4,686) (4,711)
Purchase of noncontrolling interest (12,358)   (12,358)  
Contributions from noncontrolling interests   927 725 927
Purchase of capped calls     (19,448)  
Ending balance 3,070,813 2,980,431 3,070,813 2,980,431
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 2,756,384 2,765,892 2,804,669 2,793,467
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 109,974 58,491 164,702 111,818
Distributions declared to common unit holders (91,085) (88,031) (181,564) (176,064)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 64,553 (59) 70,930 6,192
Common units issued under dividend reinvestment plan 492 482 847 905
Share-based compensation expense, net of forfeitures 3,745 3,696 8,175 8,130
Common units withheld for employee taxes (72) (66) (4,686) (4,711)
Purchase of noncontrolling interest (10,264)   (10,264)  
Purchase of capped calls     (19,448)  
Ending balance 2,833,788 2,740,405 2,833,788 2,740,405
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 6,899 4,546 4,052 5,757
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143 950 2,990 (261)
Ending balance 7,042 5,496 7,042 5,496
Federal Realty OP LP | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 2,918,071 2,925,226 2,963,509 2,954,012
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 111,982 60,499 168,718 115,834
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143 950 2,990 (261)
Distributions declared to common unit holders (91,085) (88,031) (181,564) (176,064)
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 64,553 (59) 70,930 6,192
Common units issued under dividend reinvestment plan 492 482 847 905
Share-based compensation expense, net of forfeitures 3,745 3,696 8,175 8,130
Common units withheld for employee taxes (72) (66) (4,686) (4,711)
Purchase of noncontrolling interest (10,264)   (10,264)  
Purchase of capped calls     (19,448)  
Ending balance 2,995,618 2,900,689 2,995,618 2,900,689
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 77,921 79,015 78,650 80,003
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 806 954 516 1,682
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (1,092) (1,154) (1,890) (2,202)
Purchase of noncontrolling interest (2,094)   (2,094)  
Contributions from noncontrolling interests   927 725 927
Ending balance 75,195 $ 79,742 75,195 79,742
Federal Realty OP LP | downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units (285)   (285) 0
Federal Realty OP LP | downREIT OP units | Common Units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units 61   427 668
Federal Realty OP LP | downREIT OP units | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion and redemption of downREIT OP units 61   427 668
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 $ (346)   $ (712) $ (668)