Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Operating (including $1,822,143 and $2,021,622 of consolidated variable interest entities, respectively)	$ 10,355,292	$ 9,932,891
Construction-in-progress (including $8,352 and $8,677 of consolidated variable interest entities, respectively)	524,707	613,296
Real estate, at cost, total	10,879,999	10,546,187
Less accumulated depreciation and amortization (including $414,128 and $416,663 of consolidated variable interest entities, respectively)	(3,115,910)	(2,963,519)
Net real estate	7,764,089	7,582,668
Cash and cash equivalents	97,023	250,825
Accounts and notes receivable, net	206,513	201,733
Mortgage notes receivable, net	9,157	9,196
Investment in partnerships	33,008	34,870
Operating lease right of use assets, net	86,415	86,993
Finance lease right of use assets, net	6,685	6,850
Prepaid expenses and other assets	276,328	263,377
TOTAL ASSETS	8,479,218	8,436,512
Liabilities
Mortgages payable, net (including $187,311 and $189,286 of consolidated variable interest entities, respectively)	515,012	516,936
Notes payable, net	601,307	601,945
Senior notes and debentures, net	3,356,298	3,480,296
Accounts payable and accrued expenses	201,066	174,714
Dividends payable	95,849	92,634
Security deposits payable	30,284	30,482
Operating lease liabilities	75,409	75,870
Finance lease liabilities	12,754	12,670
Other liabilities and deferred credits	224,693	225,443
Total liabilities	5,112,672	5,210,990
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests	180,946	183,363
Shareholders’ equity
Common shares of beneficial interest, $.01 par, 200,000,000 shares authorized, respectively, 84,952,538 and 82,775,286 shares issued and outstanding, respectively	855	833
Additional paid-in capital	4,160,451	3,959,276
Accumulated dividends in excess of net income	(1,211,833)	(1,160,474)
Accumulated other comprehensive income	2,172	4,052
Total shareholders’ equity of the Trust	3,111,467	2,963,509
Noncontrolling interests	74,133	78,650
Total shareholders’ equity	3,185,600	3,042,159
Partner capital
Accumulated other comprehensive income	2,172	4,052
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	8,479,218	8,436,512
Federal Realty OP LP
ASSETS
Operating (including $1,822,143 and $2,021,622 of consolidated variable interest entities, respectively)	10,355,292	9,932,891
Construction-in-progress (including $8,352 and $8,677 of consolidated variable interest entities, respectively)	524,707	613,296
Real estate, at cost, total	10,879,999	10,546,187
Less accumulated depreciation and amortization (including $414,128 and $416,663 of consolidated variable interest entities, respectively)	(3,115,910)	(2,963,519)
Net real estate	7,764,089	7,582,668
Cash and cash equivalents	97,023	250,825
Accounts and notes receivable, net	206,513	201,733
Mortgage notes receivable, net	9,157	9,196
Investment in partnerships	33,008	34,870
Operating lease right of use assets, net	86,415	86,993
Finance lease right of use assets, net	6,685	6,850
Prepaid expenses and other assets	276,328	263,377
TOTAL ASSETS	8,479,218	8,436,512
Liabilities
Mortgages payable, net (including $187,311 and $189,286 of consolidated variable interest entities, respectively)	515,012	516,936
Notes payable, net	601,307	601,945
Senior notes and debentures, net	3,356,298	3,480,296
Accounts payable and accrued expenses	201,066	174,714
Dividends payable	95,849	92,634
Security deposits payable	30,284	30,482
Operating lease liabilities	75,409	75,870
Finance lease liabilities	12,754	12,670
Other liabilities and deferred credits	224,693	225,443
Total liabilities	5,112,672	5,210,990
Commitments and contingencies (Note 6)
Redeemable noncontrolling interests	180,946	183,363
Shareholders’ equity
Accumulated other comprehensive income	2,172	4,052
Partner capital
Preferred units, 398,878 units issued and outstanding	154,788	154,788
Common units, 84,952,538 and 82,775,286 units issued and outstanding, respectively	2,954,507	2,804,669
Accumulated other comprehensive income	2,172	4,052
Total partner capital	3,111,467	2,963,509
Noncontrolling interests in consolidated partnerships	74,133	78,650
Total capital	3,185,600	3,042,159
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY / CAPITAL	8,479,218	8,436,512
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