Company: FRT-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000034903-25-000063
Chunk: 7

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-10-31
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, 86,265,563 and 85,666,220 shares issued and outstanding, respectively869 862 Additional paid-in capital4,306,262 4,248,824 Accumulated dividends in excess of net income(1,254,627)(1,242,654)Accumulated other comprehensive income2,232 4,740 Total shareholders’ equity of the Trust3,214,558 3,171,594 Noncontrolling interests70,587 72,550 Total shareholders’ equity3,285,145 3,244,144 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$8,862,225 $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 September 30,Nine Months Ended September 30, 2025202420252024 (In thousands, except per share data)REVENUERental income$313,183 $295,119 $917,954 $866,199 Other property income8,789 8,233 24,143 23,973 Mortgage interest income281 281 833 836 Total revenue322,253 303,633 942,930 891,008 EXPENSESRental expenses67,481 63,898 196,894 184,448 Real estate taxes38,178 36,053 111,426 105,402 General and administrative11,649 10,822 34,449 34,920 Depreciation and amortization94,277 87,028 270,464 255,481 Total operating expenses211,585 197,801 613,233 580,251        Gain on sale of real estate— — 77