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Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Increase (Decrease) in Partners' Capital [Roll Forward]        
Net Income, excluding amounts attributable to redeemable noncontrolling Interests $ 57,575 $ 157,000 $ 175,091 $ 272,668
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277 2,534 1,016 8,131
Contributions from noncontrolling interests 165   1,092  
Deconsolidation of VIE   972   972
Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277 2,534 1,016 8,131
Federal Realty OP LP        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 2,980,431 2,876,427 3,034,015 2,663,148
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 57,575 157,000 175,091 272,668
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277 2,534 1,016 8,131
Distributions declared to common unit holders (88,958) (87,694) (265,022) (256,867)
Distributions declared to preferred unit holders (2,008) (2,008) (6,024) (6,026)
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (1,081) (1,441) (3,283) (4,066)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 9,703 32,892 15,895 292,344
Exercise of stock options   35   35
Common units issued under dividend reinvestment plan 475 573 1,380 1,584
Share-based compensation expense, net of forfeitures 3,738 3,579 11,868 11,258
Common units withheld for employee taxes (268) (248) (4,979) (4,886)
Conversion of preferred units       0
Contributions from noncontrolling interests 165   1,092  
Deconsolidation of VIE   972   972
Adjustment to redeemable noncontrolling interests   (741)   3,585
Ending balance 2,961,049 2,981,880 2,961,049 2,981,880
Federal Realty OP LP | Preferred Units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 154,788 154,788 154,788 154,963
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 2,008 2,008 6,024 6,026
Distributions declared to preferred unit holders (2,008) (2,008) (6,024) (6,026)
Conversion of preferred units       (175)
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 2,740,405 2,637,545 2,793,467 2,427,686
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 55,040 154,130 166,858 263,772
Distributions declared to common unit holders (88,958) (87,694) (265,022) (256,867)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 9,703 32,892 15,895 292,344
Exercise of stock options   35   35
Common units issued under dividend reinvestment plan 475 573 1,380 1,584
Share-based compensation expense, net of forfeitures 3,738 3,579 11,868 11,258
Common units withheld for employee taxes (268) (248) (4,979) (4,886)
Conversion of preferred units       175
Adjustment to redeemable noncontrolling interests   (741)   3,585
Ending balance 2,720,350 2,740,071 2,720,350 2,740,071
Federal Realty OP LP | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 5,496 3,550 5,757 (2,047)
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277 2,534 1,016 8,131
Ending balance 6,773 6,084 6,773 6,084
Federal Realty OP LP | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 2,900,689 2,795,883 2,954,012 2,580,602
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 57,048 156,138 172,882 269,798
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277 2,534 1,016 8,131
Distributions declared to common unit holders (88,958) (87,694) (265,022) (256,867)
Distributions declared to preferred unit holders (2,008) (2,008) (6,024) (6,026)
Common units issued as a result of common stock issued by Parent Company, net of issuance costs 9,703 32,892 15,895 292,344
Exercise of stock options   35   35
Common units issued under dividend reinvestment plan 475 573 1,380 1,584
Share-based compensation expense, net of forfeitures 3,738 3,579 11,868 11,258
Common units withheld for employee taxes (268) (248) (4,979) (4,886)
Adjustment to redeemable noncontrolling interests   (741)   3,585
Ending balance 2,881,911 2,900,943 2,881,911 2,900,943
Federal Realty OP LP | Noncontrolling Interests in Consolidated Partnerships        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Beginning balance 79,742 80,544 80,003 82,546
Net Income, excluding amounts attributable to redeemable noncontrolling Interests 527 862 2,209 2,870
Distributions declared to noncontrolling interests in consolidated partnerships, excluding amounts attributable to redeemable noncontrolling interests (1,081) (1,441) (3,283) (4,066)
Contributions from noncontrolling interests 165   1,092  
Deconsolidation of VIE   972   972
Ending balance 79,138 $ 80,937 79,138 80,937
Federal Realty OP LP | downREIT OP units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion of downREIT OP units 0   0 0
Federal Realty OP LP | downREIT OP units | Common Units        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion of downREIT OP units 215   883 1,385
Federal Realty OP LP | downREIT OP units | Total Partner Capital        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion of downREIT OP units 215   883 1,385
Federal Realty OP LP | downREIT OP units | Noncontrolling Interests in Consolidated Partnerships        
Increase (Decrease) in Partners' Capital [Roll Forward]        
Conversion of downREIT OP units $ (215)   $ (883) $ (1,385)