Company: FRT-PC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000034903-25-000052
Chunk: 16

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 16
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 176,187 168,453 Total operating expenses199,456 191,321 401,648 382,450        Gain on sale of real estate 76,501 52,280 77,672 52,280 New market tax credit transaction income14,176 — 14,176 — OPERATING INCOME202,744 157,011 310,877 257,205 OTHER INCOME/(EXPENSE)Other interest income905 1,051 1,648 2,534 Interest expense(44,598)(44,312)(87,073)(88,005)Income from partnerships905 905 1,082 937 NET INCOME159,956 114,655 226,534 172,671 Net income attributable to noncontrolling interests(4,040)(2,673)(6,850)(3,953)NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP155,916 111,982 219,684 168,718 Distributions on preferred units(2,008)(2,008)(4,016)(4,016)NET INCOME AVAILABLE FOR COMMON UNIT HOLDERS$153,908 $109,974 $215,668 $164,702 EARNINGS PER COMMON UNIT, BASIC       Net income available for common unit holders$1.78 $1.32 $2.51 $1.98 Weighted average number of common units85,969 82,932 85,722 82,768 EARNINGS PER COMMON UNIT, DILUTED:       Net income available for common unit holders$1.78 $1.32 $2.51 $1.98 Weighted average number of common units86,611 83,563 86,300 82,768 COMPREHENSIVE INCOME$159,205 $114,796 $224,539 $175,740 COMPREHENSIVE INCOME ATTRIBUTABLE TO THE PARTNERSHIP$155,232 $112,125 $217,856 $171,708 

The accompanying notes are an integral part of these consolidated statements.

9

Table of Contents

Federal Realty OP LP

Consolidated Statements of Capital

For the Three and Six Months Ended June 30, 2025

(Unaudited)

 Preferred UnitsCommon Units