For the year ending 2025-12-31, FRT-PC had -$17,737K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 423,648 | 304,334 | 247,217 | 395,661 |
| Depreciation and amortization | 367,842 | 342,598 | 321,763 | 302,409 |
| Impairment charge | - | - | - | 0 |
| Gain on deconsolidation of vie | - | 0 | 0 | 70,374 |
| Gain on sale of real estate and change in control of interest | - | - | 9,881 | 93,483 |
| Early extinguishment of debt | - | - | - | 0 |
| Gain on sale of real estate | 150,111 | 54,040 | - | - |
| Income from partnerships | 1,920 | 3,160 | 3,869 | 5,170 |
| New market tax credit transaction income | 14,176 | - | - | - |
| Straight-line rent | 27,976 | 26,833 | 11,576 | 18,326 |
| Share-based compensation expense | 14,608 | 16,357 | 14,308 | 13,704 |
| Impairment charge | 7,425 | - | - | - |
| Other, net | 3,114 | 2,158 | 4,959 | 4,812 |
| Decrease (increase) in accounts receivable, net | -2,417 | 796 | -3,468 | 12,071 |
| Increase in prepaid expenses and other assets | 4,766 | 5,030 | 6,881 | 1,219 |
| Increase in accounts payable and accrued expenses | 5,588 | 1,550 | 6,005 | 77 |
| Increase in security deposits and other liabilities | 2,913 | 1,741 | 235 | 10,373 |
| Net cash provided by operating activities | 622,378 | 574,563 | 555,830 | 516,769 |
| Acquisition of real estate | 735,274 | 273,927 | 60,628 | 438,494 |
| Capital expenditures - development and redevelopment | 179,086 | 139,534 | 214,062 | 309,046 |
| Capital expenditures - other | 112,252 | 107,226 | 97,058 | 107,655 |
| Costs associated with property sold under threat of condemnation | 134 | 0 | 1,378 | 18,031 |
| Proceeds from sale of real estate | 305,628 | 99,928 | 28,451 | 133,717 |
| Change in cash from deconsolidation of vie | - | 0 | 0 | 4,192 |
| Investment in partnerships | 698 | 0 | 0 | 23,155 |
| Distribution from partnerships in excess of earnings | 4,109 | 4,742 | 9,860 | 6,864 |
| Leasing costs | 25,361 | 30,809 | 23,510 | 22,541 |
| Issuance of mortgage and other notes receivable, net | - | 0 | 0 | 3,465 |
| Net cash used in investing activities | -743,068 | -446,826 | -358,325 | -785,998 |
| Net borrowings under revolving credit facility | 310,000 | 0 | 0 | -6,375 |
| Issuance of senior notes, net of costs | 0 | 471,507 | 345,698 | 0 |
| Repayment of senior notes | 0 | 600,000 | 275,000 | 0 |
| Issuance of notes payable, net of costs | - | - | - | 298,568 |
| Issuance and extension of mortgages and notes payable, net of costs | 157,661 | -902 | 199,237 | - |
| Repayment of mortgages, finance leases, and notes payable | 7,662 | 3,496 | 58,472 | 19,443 |
| Purchase of capped calls | 0 | 19,448 | - | - |
| Issuance of common shares, net of costs | 54,466 | 304,045 | 131,895 | 307,275 |
| Dividends paid to common and preferred shareholders | 388,058 | 371,586 | 359,194 | 347,284 |
| Shares withheld for employee taxes | 4,911 | 6,709 | 5,019 | 4,900 |
| Contributions from noncontrolling interests | 2,670 | 725 | 1,092 | 0 |
| Distributions to and acquisition/redemptions of noncontrolling interests | 21,213 | 26,434 | 14,086 | 37,427 |
| Net cash provided by (used in) financing activities | 102,953 | -252,298 | -33,849 | 190,414 |
| (decrease) increase in cash, cash equivalents, and restricted cash | -17,737 | -124,561 | 163,656 | -78,815 |
| Cash and cash equivalents at beginning of period | 135,443 | 260,004 | 96,348 | 175,163 |
| Cash and cash equivalents at end of period | 117,706 | 135,443 | 260,004 | 96,348 |
FEDERAL REALTY INVESTMENT TRUST (FRT-PC)
FEDERAL REALTY INVESTMENT TRUST (FRT-PC)