Consolidated Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
REVENUE
Rental income	$ 302,294	$ 283,986
Other property income	6,585	7,059
Mortgage interest income	275	278
Total revenue	309,154	291,323
EXPENSES
Rental expenses	67,804	61,659
Real estate taxes	36,567	34,060
General and administrative	10,875	12,006
Depreciation and amortization	86,946	83,404
Total operating expenses	202,192	191,129
Gain on sale of real estate	1,171	0
OPERATING INCOME	108,133	100,194
OTHER INCOME/(EXPENSE)
Other interest income	743	1,483
Interest expense	(42,475)	(43,693)
Income from partnerships	177	32
NET INCOME	66,578	58,016
Net income attributable to noncontrolling interests	(2,810)	(1,280)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP	63,768	56,736
Dividends on preferred shares	(2,008)	(2,008)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS	$ 61,760	$ 54,728
EARNINGS PER COMMON SHARE, BASIC AND DILUTED:
Net income available for common shareholders, Basic	$ 0.72	$ 0.66
Weighted average number of common shares, Basic	85,472	82,605
Net income available for common shareholders, Diluted	$ 0.72	$ 0.66
Weighted average number of common shares, Diluted	85,472	82,605
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME	$ 65,334	$ 60,944
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP	62,624	59,583
Federal Realty OP LP
REVENUE
Rental income	302,294	283,986
Other property income	6,585	7,059
Mortgage interest income	275	278
Total revenue	309,154	291,323
EXPENSES
Rental expenses	67,804	61,659
Real estate taxes	36,567	34,060
General and administrative	10,875	12,006
Depreciation and amortization	86,946	83,404
Total operating expenses	202,192	191,129
Gain on sale of real estate	1,171	0
OPERATING INCOME	108,133	100,194
OTHER INCOME/(EXPENSE)
Other interest income	743	1,483
Interest expense	(42,475)	(43,693)
Income from partnerships	177	32
NET INCOME	66,578	58,016
Net income attributable to noncontrolling interests	(2,810)	(1,280)
NET INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP	63,768	56,736
Distributions on preferred units	(2,008)	(2,008)
NET INCOME AVAILABLE FOR COMMON UNIT HOLDERS	$ 61,760	$ 54,728
EARNINGS PER COMMON UNIT, BASIC AND DILUTED:
Net income available for common unit holders, Basic	$ 0.72	$ 0.66
Weighted average number of common units, Basic	85,472	82,605
Net income available for common unit holders, Diluted	$ 0.72	$ 0.66
Weighted average number of common units, Diluted	85,472	82,605
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME	$ 65,334	$ 60,944
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST / PARTNERSHIP	$ 62,624	$ 59,583

FEDERAL REALTY INVESTMENT TRUST 10-Q