Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Operating (including $2,002,163 and $1,997,583 of consolidated variable interest entities, respectively)	$ 9,532,332	$ 9,441,945
Construction-in-progress (including $12,174 and $8,477 of consolidated variable interest entities, respectively)	664,184	662,554
Real estate, at cost, total	10,196,516	10,104,499
Less accumulated depreciation and amortization (including $376,441 and $362,921 of consolidated variable interest entities, respectively)	(2,771,150)	(2,715,817)
Net real estate	7,425,366	7,388,682
Cash and cash equivalents	99,449	85,558
Accounts and notes receivable, net	200,512	197,648
Mortgage notes receivable, net	9,443	9,456
Investment in partnerships	143,464	145,205
Operating lease right of use assets, net	88,831	94,569
Finance lease right of use assets, net	45,179	45,467
Prepaid expenses and other assets	257,050	267,406
TOTAL ASSETS	8,269,294	8,233,991
Liabilities
Mortgages payable, net (including $191,193 and $191,827 of consolidated variable interest entities, respectively)	319,910	320,615
Notes payable, net	661,391	601,077
Senior notes and debentures, net	3,408,104	3,407,701
Accounts payable and accrued expenses	196,092	190,340
Dividends payable	90,436	90,263
Security deposits payable	28,351	28,508
Operating lease liabilities	77,442	77,743
Finance lease liabilities	67,658	67,660
Other liabilities and deferred credits	237,316	237,699
Total liabilities	5,086,700	5,021,606
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests	178,353	178,370
Shareholders’ equity
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 81,511,204 and 81,342,959 shares issued and outstanding, respectively	820	818
Additional paid-in capital	3,828,930	3,821,801
Accumulated dividends in excess of net income	(1,068,892)	(1,034,186)
Accumulated other comprehensive income	4,546	5,757
Total shareholders’ equity of the Trust	2,925,226	2,954,012
Noncontrolling interests	79,015	80,003
Total shareholders’ equity	3,004,241	3,034,015
Partner capital
Accumulated other comprehensive income	4,546	5,757
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	8,269,294	8,233,991
Federal Realty OP LP
ASSETS
Operating (including $2,002,163 and $1,997,583 of consolidated variable interest entities, respectively)	9,532,332	9,441,945
Construction-in-progress (including $12,174 and $8,477 of consolidated variable interest entities, respectively)	664,184	662,554
Real estate, at cost, total	10,196,516	10,104,499
Less accumulated depreciation and amortization (including $376,441 and $362,921 of consolidated variable interest entities, respectively)	(2,771,150)	(2,715,817)
Net real estate	7,425,366	7,388,682
Cash and cash equivalents	99,449	85,558
Accounts and notes receivable, net	200,512	197,648
Mortgage notes receivable, net	9,443	9,456
Investment in partnerships	143,464	145,205
Operating lease right of use assets, net	88,831	94,569
Finance lease right of use assets, net	45,179	45,467
Prepaid expenses and other assets	257,050	267,406
TOTAL ASSETS	8,269,294	8,233,991
Liabilities
Mortgages payable, net (including $191,193 and $191,827 of consolidated variable interest entities, respectively)	319,910	320,615
Notes payable, net	661,391	601,077
Senior notes and debentures, net	3,408,104	3,407,701
Accounts payable and accrued expenses	196,092	190,340
Dividends payable	90,436	90,263
Security deposits payable	28,351	28,508
Operating lease liabilities	77,442	77,743
Finance lease liabilities	67,658	67,660
Other liabilities and deferred credits	237,316	237,699
Total liabilities	5,086,700	5,021,606
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests	178,353	178,370
Shareholders’ equity
Accumulated other comprehensive income	4,546	5,757
Partner capital
Preferred units, 398,878 units issued and outstanding	154,788	154,788
Common units, 81,511,204 and 81,342,959 units issued and outstanding, respectively	2,765,892	2,793,467
Accumulated other comprehensive income	4,546	5,757
Total partner capital	2,925,226	2,954,012
Noncontrolling interests in consolidated partnerships	79,015	80,003
Total capital	3,004,241	3,034,015
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	8,269,294	8,233,991
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), 392,878 shares issued and outstanding
Shareholders’ equity
Preferred shares, authorized 15,000,000 shares, $.01 par:	$ 9,822	$ 9,822