Company: FRT-PC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000034903-25-000016
Chunk: 173

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 173
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422,062 Additions during periodAcquisitions445,319 Improvements399,623 Deductions during periodDispositions and retirements of property(107,682)Deconsolidation of VIE(54,823)Balance, December 31, 202210,104,499 Additions during periodImprovements287,286 Reconsolidation of VIE135,017 Acquisitions74,723 Deduction during period—dispositions and retirements of property(55,338)Balance, December 31, 202310,546,187 Additions during periodAcquisitions266,877 Improvements249,043 Deduction during period—dispositions and retirements of property(158,394)Balance, December 31, 2024 (1)$10,903,713 _____________________(1)For Federal tax purposes, the aggregate cost basis is approximately $9.8 billion as of December 31, 2024.

F-45

FEDERAL REALTY INVESTMENT TRUST AND FEDERAL REALTY OP LPSCHEDULE IIISUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION - CONTINUEDThree Years Ended December 31, 2024Reconciliation of Accumulated Depreciation and Amortization(In thousands)Balance, December 31, 2021$2,531,095 Additions during period—depreciation and amortization expense266,877 Deductions during periodDispositions and retirements of property(59,066)Deconsolidation of VIE(23,089)Balance, December 31, 20222,715,817 Additions during periodDepreciation and amortization expense282,896 Reconsolidation of VIE2,869 Deductions during period -dispositions and retirements of property(38,063)Balance, December 31, 20232,963,519 Additions during period—depreciation and amortization expense302,635 Deductions during period -dispositions and retirements of property(113,355)Balance, December 31, 2024$3,152,799 

F-46

FEDERAL REALTY INVESTMENT TRUST AND FEDERAL REALTY OP LPSCHEDULE IVMORTGAGE LOANS ON REAL ESTATEYear Ended December 31, 2024(Dollars in thousands)Column AColumn