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Earnings Per Share And Unit (Schedule Of Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net income $ 59,392 $ 158,774 $ 180,127 $ 277,969
Less: Preferred share dividends (2,008) (2,008) (6,024) (6,026)
Less: Income from operations attributable to noncontrolling interests (2,344) (2,636) (7,245) (8,171)
Less: Earnings allocated to unvested shares (323) (535) (974) (935)
Net income available for common shareholders, basic 54,717 153,595 165,884 262,837
Add: Income attributable to downREIT operating partnership units 0 704 0 2,111
Net income available for common shareholders, diluted $ 54,717 $ 154,432 $ 165,884 $ 264,948
Weighted average common shares outstanding, basic 81,274 80,765 81,210 79,480
Open forward contracts for share issuances 0 0 0 1
DownREIT operating partnership units 0 652 0 656
Weighted average common shares outstanding, diluted 81,274 81,511 81,210 80,137
EARNINGS PER COMMON SHARE, BASIC:        
Net income available for common shareholders $ 0.67 $ 1.90 $ 2.04 $ 3.31
EARNINGS PER COMMON SHARE, DILUTED:        
Net income available for common shareholders $ 0.67 $ 1.89 $ 2.04 $ 3.31
5.417% Series 1 Cumulative Convertible Preferred Shares        
Add: Dividends on 5.417% Series 1 Cumulative Convertible Preferred Shares $ 0 $ 133 $ 0 $ 0
5.417% Series 1 Cumulative Convertible Preferred Shares 0 94 0 0
Federal Realty OP LP        
Net income $ 59,392 $ 158,774 $ 180,127 $ 277,969
Less: Preferred unit distributions (2,008) (2,008) (6,024) (6,026)
Less: Income from operations attributable to noncontrolling interests (2,344) (2,636) (7,245) (8,171)
Less: Earnings allocated to unvested units (323) (535) (974) (935)
Net income available for common unit holders, basic 54,717 153,595 165,884 262,837
Add: Income attributable to downREIT operating partnership units 0 704 0 2,111
Net income available for common unit holders, diluted $ 54,717 $ 154,432 $ 165,884 $ 264,948
Weighted average common units outstanding, basic 81,274 80,765 81,210 79,480
Common unit issuances relating to open common share forward contracts 0 0 0 1
DownREIT operating partnership units 0 652 0 656
Weighted average common units outstanding, diluted 81,274 81,511 81,210 80,137
EARNINGS PER COMMON UNIT, BASIC:        
Net income available for common unit holders $ 0.67 $ 1.90 $ 2.04 $ 3.31
EARNINGS PER COMMON UNIT, DILUTED:        
Net income available for common unit holders $ 0.67 $ 1.89 $ 2.04 $ 3.31
Federal Realty OP LP | Preferred Units        
Add: Dividends on 5.417% Series 1 Cumulative Convertible Preferred Units $ 0 $ 133 $ 0 $ 0
5.417% Series 1 Cumulative Convertible Preferred Units 0 94 0 0