CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenues | ||||
| Rental revenue | $ 75,378 | $ 69,426 | $ 152,200 | $ 139,973 |
| Other | 1,413 | 1,408 | 2,850 | 2,717 |
| Total revenue | 76,791 | 70,834 | 155,050 | 142,690 |
| Expenses | ||||
| Property operating expenses | 13,552 | 11,424 | 29,291 | 25,166 |
| Real estate taxes | 8,811 | 8,016 | 17,275 | 16,000 |
| Interest expense, net and amortization of deferred debt costs | 20,034 | 16,820 | 39,684 | 33,567 |
| Depreciation and amortization of deferred leasing costs | 16,038 | 14,098 | 31,954 | 28,621 |
| General and administrative | 6,810 | 6,415 | 13,257 | 12,427 |
| Total expenses | 65,245 | 56,773 | 131,461 | 115,781 |
| Gain on disposition of property | 0 | 120 | 0 | 120 |
| Net income | 11,546 | 14,181 | 23,589 | 27,029 |
| Noncontrolling interests | ||||
| Income attributable to noncontrolling interests | (2,793) | (3,461) | (5,718) | (6,510) |
| Net income attributable to Saul Centers, Inc. | 8,753 | 10,720 | 17,871 | 20,519 |
| Preferred stock dividends | (2,799) | (2,799) | (5,597) | (5,597) |
| Net income available to common stockholders | $ 5,954 | $ 7,921 | $ 12,274 | $ 14,922 |
| Per share net income available to common stockholders | ||||
| Basic (in USD per share) | $ 0.24 | $ 0.33 | $ 0.50 | $ 0.62 |
| Diluted (in USD per share) | $ 0.24 | $ 0.33 | $ 0.50 | $ 0.62 |
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- Definition Noncash Interest Expense Accretion And Amortization Of Deferred Finance Fees No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense incurred and directly related to generating revenue by lessor from operating lease of rented property and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before tax, of income (loss) attributable to noncontrolling interest. Includes, but is not limited to, income (loss) from continuing operations, discontinued operations and equity method investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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