Company: FRT-PC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000034903-25-000016
Chunk: 159

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 159
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 2,810 Net income available for common shareholders, diluted$285,893 $227,667 $378,939 DENOMINATORWeighted average common shares outstanding—basic83,559 81,313 79,854 Effect of dilutive securities:Unvested performance shares7 — — DownREIT operating partnership units— — 654 Weighted average common shares outstanding—diluted83,566 81,313 80,508 EARNINGS PER COMMON SHARE, BASICNet income available for common shareholders$3.42 $2.80 $4.71 EARNINGS PER COMMON SHARE, DILUTEDNet income available for common shareholders$3.42 $2.80 $4.71 

F-37

Federal Realty OP LP Trust Earnings per UnitYear Ended December 31, 202420232022 (In thousands, except per unit data)NUMERATORNet income$304,334 $247,217 $395,661 Less: Preferred unit distributions(8,032)(8,032)(8,034)Less: Income from operations attributable to noncontrolling interests(9,126)(10,232)(10,170)Less: Earnings allocated to unvested units(1,283)(1,286)(1,328)Net income available for common unit holders, basic285,893 227,667 376,129 Add: Income attributable to downREIT operating partnership units— — 2,810 Net income available for common unit holders, diluted$285,893 $227,667 $378,939 DENOMINATORWeighted average common units outstanding—basic83,559 81,313 79,854 Effect of dilutive securities:Unvested performance units7 — — DownREIT operating partnership units— — 654 Weighted average common units outstanding—diluted83,566 81,313 80,508 EARNINGS PER COMMON UNIT, BASICNet income available for common unit holders$3.42 $2.80 $4.71 EARNINGS PER COMMON UNIT, DILUTEDNet income available for common unit holders$3.42 $2.80 $4.71 

NOTE 15—SUBSEQUENT EVENT

On January 7, 2025, we sold a portion of our White Marsh