Company: FRT-PC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000034903-25-000016
Chunk: 120

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 120
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 287,176 — 295,208 2,104 297,312 Other comprehensive income - change in fair value of interest rate swaps, excluding $23 attributable to redeemable noncontrolling interest— — 688 688 — 688 Distributions declared to common unit holders— (369,232)— (369,232)— (369,232)Distributions declared to preferred unit holders(8,032)— — (8,032)— (8,032)Distribution equivalent rights— (124)— (124)— (124)Distributions declared to noncontrolling interests in consolidated partnerships, excluding $8,854 attributable to redeemable noncontrolling interests— — — — (4,239)(4,239)Common units issued as a result of common stock issued by Parent Company, net of issuance costs— 303,931 — 303,931 — 303,931 Common units issued under dividend reinvestment plan— 1,784 — 1,784 — 1,784 Share-based compensation expense, net of forfeitures— 17,379 — 17,379 — 17,379 Common units withheld for employee taxes— (6,709)— (6,709)— (6,709)Conversion and redemption of downREIT OP units— 1,636 — 1,636 (2,596)(960)Purchase of capped calls— (19,448)— (19,448)— (19,448)Purchase of noncontrolling interest— (10,264)— (10,264)(2,094)(12,358)Contributions from noncontrolling interests— — — — 725 725 Adjustment to redeemable noncontrolling interests— 1,268 — 1,268 — 1,268 BALANCE AT DECEMBER  31, 2024$154,788 $3,012,066 $4,740 $3,171,594 $72,550 $3,244,144 

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

F-14

Federal Realty OP LP

Consolidated Statements of Cash FlowsYear Ended December 31, 202420232022 (In thousands)OPERATING ACTIVITIESNet income$304,334 $247,