Company: FRT-PC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000034903-25-000016
Chunk: 121

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 121
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217 $395,661 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization342,598 321,763 302,409 Gain on deconsolidation of VIE— — (70,374)Gain on sale of real estate(54,040)(9,881)(93,483)Income from partnerships(3,160)(3,869)(5,170)Straight-line rent(26,833)(11,576)(18,326)Share-based compensation expense16,357 14,308 13,704 Other, net(2,158)(4,959)(4,812)Changes in assets and liabilities, net of effects of acquisitions and dispositions:(Increase) decrease in accounts receivable, net(796)3,468 (12,071)Increase in prepaid expenses and other assets(5,030)(6,881)(1,219)Increase in accounts payable and accrued expenses1,550 6,005 77 Increase in security deposits and other liabilities1,741 235 10,373 Net cash provided by operating activities574,563 555,830 516,769 INVESTING ACTIVITIESAcquisition of real estate(273,927)(60,628)(438,494)Capital expenditures - development and redevelopment(139,534)(214,062)(309,046)Capital expenditures - other(107,226)(97,058)(107,655)Costs associated with property sold under threat of condemnation— (1,378)(18,031)Proceeds from sale of real estate99,928 28,451 133,717 Change in cash from deconsolidation of VIE— — (4,192)Investment in partnerships— — (23,155)Distribution from partnerships in excess of earnings4,742 9,860 6,864 Leasing costs(30,809)(23,510)(22,541)Issuance of mortgage and other notes receivable, net— — (3,465)Net cash used in investing activities(446,826)(358,325)(785,998)FINANCING ACTIVITIESCosts to amend revolving credit facility— — (6,375)Issuance of senior notes, net of costs471,507 345,698 — Repayment of senior notes(600,000)(275,000)—