Federal realty investment trust (FRT)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Operating (including $1,751,718 and $1,676,866 of consolidated variable interest entities, respectively)

7,774

7,535

7,302

7,293

7,293

7,307

7,256

7,181

7,051

6,950

6,758

6,371

6,294

6,125

6,017

5,951

5,901

5,630

5,423

5,336

5,208

5,128

5,052

5,004

4,815

4,618

4,574

4,550

4,497

4,473

4,276

4,264

4,251

4,232

3,812

3,795

3,814

3,695

3,688

3,660

3,619

Construction-in-progress (including $84,034 and $102,583 of consolidated variable interest entities, respectively)

671

760

691

575

540

495

481

535

633

684

769

719

687

599

586

506

452

433

492

507

466

480

484

472

572

531

452

401

327

288

264

211

200

193

207

180

167

163

158

144

132

Assets held for sale

5

1

49

5

10

16

21

27

36

0

0

0

33

33

-

-

-

0

-

-

61

-

-

-

-

-

0

-

-

17

-

-

-

-

4

16

6

36

-

-

6

Real estate, at cost, total

8,451

8,298

8,044

7,874

7,844

7,819

7,760

7,745

7,721

7,635

7,528

7,091

7,015

6,759

6,604

6,458

6,353

6,064

5,916

5,844

5,737

5,608

5,536

5,477

5,388

5,149

5,027

4,951

4,825

4,779

4,541

4,476

4,452

4,426

4,024

3,992

3,988

3,895

3,846

3,805

3,759

Less accumulated depreciation and amortization (including $306,861 and $296,165 of consolidated variable interest entities, respectively)

2,258

2,215

2,190

2,148

2,105

2,059

2,018

1,970

1,922

1,876

1,828

1,808

1,766

1,729

1,688

1,651

1,611

1,574

1,546

1,508

1,500

1,467

1,431

1,417

1,383

1,350

1,316

1,286

1,257

1,224

1,195

1,169

1,150

1,127

1,102

1,084

1,060

1,035

1,011

987

938

Net real estate

6,192

6,082

5,854

5,726

5,739

5,760

5,742

5,774

5,799

5,758

5,699

5,283

5,249

5,029

4,915

4,806

4,741

4,490

4,370

4,335

4,236

4,141

4,105

4,060

4,005

3,798

3,710

3,664

3,567

3,555

3,345

3,306

3,301

3,298

2,921

2,908

2,927

2,860

2,834

2,818

2,821

Cash and cash equivalents

994

127

162

105

43

64

41

56

64

15

22

96

20

23

101

18

19

21

12

22

171

47

23

41

75

88

127

108

31

36

147

82

69

67

22

19

10

15

9

23

135

Accounts and notes receivable, net

153

152

143

138

137

142

151

149

143

209

200

168

115

116

120

114

113

110

112

106

100

93

104

97

92

84

87

84

77

73

82

76

75

75

78

73

71

68

74

72

72

Mortgage notes receivable, net

30

30

30

30

30

30

30

30

30

30

30

30

29

29

29

41

41

41

41

50

50

50

51

54

55

55

55

55

55

55

55

55

56

55

56

56

44

44

43

42

48

Investment in partnerships

25

28

30

30

30

26

27

22

23

23

23

13

14

14

11

9

10

41

41

37

37

37

32

35

32

32

32

33

33

33

33

34

34

34

57

57

51

51

51

51

35

Operating lease right of use assets

94

93

94

94

95

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease right of use assets

52

52

52

53

53

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

216

227

239

203

221

265

292

268

232

237

243

210

226

208

219

197

198

191

188

165

166

160

148

128

130

145

132

125

131

132

127

114

120

121

109

98

105

110

105

86

99

Debt issuance costs, net of accumulated amortization of $11,092 and $11,441, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

15

16

15

13

13

13

14

12

13

10

10

11

10

11

11

9

5

6

6

7

7

10

TOTAL ASSETS

7,759

6,794

6,607

6,383

6,351

6,289

6,285

6,302

6,293

6,275

6,221

5,803

5,656

5,423

5,397

5,188

5,125

4,896

4,783

4,733

4,780

4,546

4,479

4,431

4,405

4,219

4,159

4,085

3,905

3,898

3,804

3,680

3,668

3,666

3,254

3,220

3,217

3,159

3,127

3,103

3,222

Liabilities
Mortgages payable, net (including $476,944 and $469,184 of consolidated variable interest entities, respectively)

552

545

466

450

452

474

476

477

479

491

493

414

468

471

473

476

513

481

426

576

579

563

630

634

658

588

721

724

747

760

730

733

744

747

484

487

526

529

532

534

539

Capital lease obligations

-

-

0

0

0

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

71

63

63

59

59

59

61

61

62

Notes payable, net

993

3

3

4

299

279

305

368

382

320

320

279

496

279

288

383

341

341

290

396

290

290

301

290

300

300

299

299

299

299

299

300

294

295

178

209

212

97

47

20

261

Senior notes and debentures, net

2,807

2,807

2,806

2,702

2,404

2,404

2,403

2,402

2,402

2,401

2,377

2,377

1,977

1,976

1,975

1,733

1,733

1,732

1,744

1,494

1,694

1,483

1,361

1,361

1,361

1,360

1,213

1,213

1,076

1,076

1,076

1,004

1,004

1,004

1,004

1,004

1,004

1,079

1,079

1,079

930

Accounts payable and accrued expenses

245

255

221

177

156

177

184

178

181

196

206

190

191

201

184

171

165

146

154

137

149

145

160

168

157

156

160

138

126

120

121

110

92

104

89

86

80

102

112

106

109

Dividends payable

81

81

81

78

78

78

77

75

75

75

73

71

71

71

71

67

67

66

66

60

60

60

60

53

53

52

51

48

47

47

47

44

44

44

44

42

42

41

41

40

40

Security deposits payable

21

21

20

20

19

17

17

17

17

16

16

16

16

16

16

15

15

15

15

14

14

14

13

13

13

12

12

12

13

12

13

12

12

12

12

11

11

11

11

12

11

Operating lease liabilities

74

73

74

74

75

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities

72

72

72

72

72

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities and deferred credits

150

157

165

157

157

182

173

181

169

169

175

143

144

115

119

118

122

121

115

118

108

105

107

109

105

100

103

97

94

103

50

54

55

68

54

55

57

55

53

52

57

Total liabilities

5,000

4,019

3,912

3,738

3,715

3,686

3,710

3,773

3,778

3,743

3,735

3,564

3,438

3,203

3,200

3,039

3,030

2,977

2,885

2,871

2,969

2,735

2,706

2,702

2,721

2,643

2,634

2,607

2,478

2,493

2,410

2,332

2,320

2,340

1,931

1,956

1,995

1,978

1,940

1,909

2,013

Commitments and contingencies (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

Redeemable noncontrolling interests

159

139

122

134

134

136

141

141

141

141

151

152

141

143

125

126

126

137

121

120

119

119

110

110

110

104

93

94

94

94

81

81

82

85

-

-

-

65

-

-

-

Shareholders’ equity
Common shares of beneficial interest, $.01 par, 100,000,000 shares authorized, 75,622,504 and 75,540,804 shares issued and outstanding, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

3,166

3,166

3,167

3,088

3,071

3,004

2,946

2,884

2,859

2,855

2,773

2,741

2,736

2,718

2,704

2,645

2,565

2,381

2,389

2,344

2,284

2,281

2,223

2,170

2,114

2,062

2,000

1,963

1,910

1,875

1,867

1,810

1,790

1,764

1,824

1,767

1,717

1,611

1,663

1,659

1,653

Accumulated dividends in excess of net income

818

791

857

841

843

818

795

780

769

749

724

759

764

749

737

725

714

724

727

714

697

683

659

647

637

623

600

610

600

586

577

568

556

555

542

545

538

527

519

507

486

Accumulated other comprehensive loss

-7

-0

-1

-1

-0

-0

0

0

0

0

-0

-1

-1

-2

-5

-7

-6

-4

-7

-4

-5

-3

-1

-4

-1

-1

-3

-2

-10

-12

-13

-10

-2

-3

-

-

-

0

-

-

-

Total shareholders’ equity of the Trust

2,502

2,535

2,469

2,407

2,388

2,345

2,311

2,264

2,251

2,266

2,208

1,992

1,981

1,976

1,972

1,923

1,854

1,663

1,665

1,635

1,591

1,604

1,573

1,529

1,485

1,448

1,407

1,360

1,310

1,286

1,287

1,242

1,241

1,216

1,292

1,232

1,190

1,094

1,155

1,163

1,177

Noncontrolling interests

97

100

103

103

113

121

121

122

121

124

124

94

95

99

98

99

113

118

111

105

100

88

88

88

88

23

23

23

23

23

24

24

24

24

30

31

31

21

31

31

31

Total shareholders’ equity

2,599

2,636

2,573

2,510

2,501

2,467

2,433

2,387

2,373

2,391

2,333

2,086

2,076

2,075

2,071

2,022

1,968

1,781

1,777

1,741

1,691

1,692

1,661

1,618

1,574

1,471

1,431

1,383

1,333

1,310

1,311

1,266

1,266

1,240

1,323

1,263

1,221

1,115

1,186

1,194

1,209

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

7,759

6,794

6,607

6,383

6,351

6,289

6,285

6,302

6,293

6,275

6,221

5,803

5,656

5,423

5,397

5,188

5,125

4,896

4,783

4,733

4,780

4,546

4,479

4,431

4,405

4,219

4,159

4,085

3,905

3,898

3,804

3,680

3,668

3,666

3,254

3,220

3,217

3,159

3,127

3,103

3,222

5.0% Series C Cumulative Redeemable Preferred [Member]
Preferred shares, authorized 15,000,000 shares, $.01 par:

150

150

150

150

150

150

150

150

150

150

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5.417% Series 1 Cumulative Convertible Preferred [Member]
Preferred shares, authorized 15,000,000 shares, $.01 par:

9

9

9

9

9

9

9

9

9

9

9

9

9

-

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9