Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
OPERATING ACTIVITIES
Net income	$ 291,033	$ 236,132
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	270,464	255,481
Gain on sale of real estate	(77,672)	(52,280)
Income from partnerships	(1,687)	(1,825)
New market tax credit transaction income	(14,176)	0
Straight-line rent	(21,529)	(16,356)
Share-based compensation expense	10,913	11,153
Other, net	(1,280)	(1,603)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable, net	7,246	11,044
Increase in prepaid expenses and other assets	(6,903)	(3,600)
Increase in accounts payable and accrued expenses	23,566	22,783
Decrease in security deposits and other liabilities	(2,444)	(5,961)
Net cash provided by operating activities	477,531	454,968
INVESTING ACTIVITIES
Acquisition of real estate	(400,381)	(273,927)
Capital expenditures - development and redevelopment	(115,472)	(104,350)
Capital expenditures - other	(81,733)	(78,055)
Proceeds from sale of real estate	141,151	96,324
Investment in partnerships	(227)	0
Distribution from partnerships in excess of earnings	2,533	3,603
Leasing costs	(19,380)	(19,047)
Net cash used in investing activities	(473,509)	(375,452)
FINANCING ACTIVITIES
Net borrowings under revolving credit facility	102,400	0
Issuance of senior notes, net of costs	0	471,507
Repayment of senior notes	0	(600,000)
Issuance of notes and mortgages payable, net of costs	145,044	(902)
Repayment of mortgages, finance leases and notes payable	(3,710)	(2,662)
Purchase of capped calls	0	(19,448)
Issuance of common shares, net of costs	54,481	222,383
Dividends paid to common and preferred shareholders	(288,990)	(276,548)
Shares withheld for employee taxes	(4,856)	(4,972)
Contributions from noncontrolling interests	1,413	725
Distributions to and acquisition/redemptions of noncontrolling interests	(17,563)	(23,997)
Net cash used in financing activities	(11,781)	(233,914)
Decrease in cash, cash equivalents and restricted cash	(7,759)	(154,398)
Cash, cash equivalents, and restricted cash at beginning of year	135,443	260,004
Cash, cash equivalents, and restricted cash at end of period	127,684	105,606
Federal Realty OP LP
OPERATING ACTIVITIES
Net income	291,033	236,132
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	270,464	255,481
Gain on sale of real estate	(77,672)	(52,280)
Income from partnerships	(1,687)	(1,825)
New market tax credit transaction income	(14,176)	0
Straight-line rent	(21,529)	(16,356)
Share-based compensation expense	10,913	11,153
Other, net	(1,280)	(1,603)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable, net	7,246	11,044
Increase in prepaid expenses and other assets	(6,903)	(3,600)
Increase in accounts payable and accrued expenses	23,566	22,783
Decrease in security deposits and other liabilities	(2,444)	(5,961)
Net cash provided by operating activities	477,531	454,968
INVESTING ACTIVITIES
Acquisition of real estate	(400,381)	(273,927)
Capital expenditures - development and redevelopment	(115,472)	(104,350)
Capital expenditures - other	(81,733)	(78,055)
Proceeds from sale of real estate	141,151	96,324
Investment in partnerships	(227)	0
Distribution from partnerships in excess of earnings	2,533	3,603
Leasing costs	(19,380)	(19,047)
Net cash used in investing activities	(473,509)	(375,452)
FINANCING ACTIVITIES
Net borrowings under revolving credit facility	102,400	0
Issuance of senior notes, net of costs	0	471,507
Repayment of senior notes	0	(600,000)
Issuance of notes and mortgages payable, net of costs	145,044	(902)
Repayment of mortgages, finance leases and notes payable	(3,710)	(2,662)
Purchase of capped calls	0	(19,448)
Issuance of common units, net of costs	54,481	222,383
Dividends paid to common and preferred unit holders	(288,990)	(276,548)
Shares withheld for employee taxes	(4,856)	(4,972)
Contributions from noncontrolling interests	1,413	725
Distributions to and acquisition/redemptions of noncontrolling interests	(17,563)	(23,997)
Net cash used in financing activities	(11,781)	(233,914)
Decrease in cash, cash equivalents and restricted cash	(7,759)	(154,398)
Cash, cash equivalents, and restricted cash at beginning of year	135,443	260,004
Cash, cash equivalents, and restricted cash at end of period	$ 127,684	$ 105,606