Company: FRT-PC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000034903-25-000052
Chunk: 7

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 7
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5.0% Series C Cumulative Redeemable Preferred Shares, (stated at liquidation preference $25,000 per share), 6,000 shares issued and outstanding150,000 150,000 5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 392,878 shares issued and outstanding9,822 9,822 Common shares of beneficial interest, $.01 par, 200,000,000 shares authorized, respectively, 86,261,214 and 85,666,220 shares issued and outstanding, respectively869 862 Additional paid-in capital4,302,220 4,248,824 Accumulated dividends in excess of net income(1,216,794)(1,242,654)Accumulated other comprehensive income2,912 4,740 Total shareholders’ equity of the Trust3,249,029 3,171,594 Noncontrolling interests71,071 72,550 Total shareholders’ equity3,320,100 3,244,144 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$8,623,794 $8,524,757 The accompanying notes are an integral part of these consolidated statements.

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Table of Contents

 Federal Realty Investment Trust

Consolidated Statements of Comprehensive Income

(Unaudited)

Three Months Ended June 30,Six Months Ended June 30, 2025202420252024 (In thousands, except per share data)REVENUERental income$302,477 $287,095 $604,771 $571,081 Other property income8,769 8,680 15,354 15,739 Mortgage interest income277 277 552 555 Total revenue311,523 296,052 620,677 587,375 EXPENSESRental expenses61,609 58,891 129,413 120,550 Real estate taxes36,681 35,289 73,248 69,349 General and administrative11,925 12,092 22,800 24,098 Depreciation and amortization89,241 85,049 176,187 168,453 Total operating expenses199,456 191,321 401,648 382,450        Gain on sale of real estate76,501