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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Business Segments
SAUL CENTERS, INC.
Notes to Consolidated Financial Statements
(In thousands)
Shopping
 
Mixed-Use
 
Corporate
 
Consolidated
As of or for the year ended December 31, 2013
Centers
 
Properties
 
and Other
 
Totals
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
145,219

 
$
52,609

 
$
69

 
$
197,897

Expenses
(30,729
)
 
(17,213
)
 
—

 
(47,942
)
Income from real estate
114,490

 
35,396

 
69

 
149,955

Interest expense and amortization of deferred debt costs
—

 
—

 
(46,589
)
 
(46,589
)
General and administrative
—

 
—

 
(14,951
)
 
(14,951
)
Subtotal
114,490

 
35,396

 
(61,471
)
 
88,415

Depreciation and amortization of deferred leasing costs
(27,340
)
 
(21,790
)
 
—

 
(49,130
)
Acquisition related costs
(106
)
 
—

 
—

 
(106
)
Predevelopment expenses
—

 
(3,910
)
 
—

 
(3,910
)
Change in fair value of derivatives
—

 
—

 
(7
)
 
(7
)
Loss on early extinguishment of debt
—

 
—

 
(497
)
 
(497
)
Gain on casualty settlement
77

 
—

 
—

 
77

Net income (loss)
$
87,121

 
$
9,696

 
$
(61,975
)
 
$
34,842

Capital investment
$
18,232

 
$
8,207

 
$
—

 
$
26,439

Total assets
$
888,109

 
$
293,512

 
$
17,054

 
$
1,198,675

 
 
 
 
 
 
 
 
As of or for the year ended December 31, 2012
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
137,647

 
$
52,309

 
$
136

 
$
190,092

Expenses
(30,139
)
 
(17,131
)
 
—

 
(47,270
)
Income from real estate
107,508

 
35,178

 
136

 
142,822

Interest expense and amortization of deferred debt costs
—

 
—

 
(49,544
)
 
(49,544
)
General and administrative
—

 
—

 
(14,274
)
 
(14,274
)
Subtotal
107,508

 
35,178

 
(63,682
)
 
79,004

Depreciation and amortization of deferred leasing costs
(25,667
)
 
(14,445
)
 
—

 
(40,112
)
Acquisition related costs
(1,129
)
 
—

 
—

 
(1,129
)
Predevelopment expenses
—

 
(2,667
)
 
—

 
(2,667
)
Change in fair value of derivatives
—

 
—

 
36

 
36

Gain on sales of properties
4,510

 
—

 
—

 
4,510

Loss from operations of property sold
(81
)
 
—

 
—

 
(81
)
Gain on casualty settlement
219

 
—

 
—

 
219

Net income (loss)
$
85,360

 
$
18,066

 
$
(63,646
)
 
$
39,780

Capital investment
$
46,353

 
$
8,290

 
$
—

 
$
54,643

Total assets
$
894,027

 
$
301,355

 
$
11,927

 
$
1,207,309

As of or for the year ended December 31, 2011
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
127,767

 
$
46,035

 
$
76

 
$
173,878

Expenses
(30,372
)
 
(14,658
)
 
—

 
(45,030
)
Income from real estate
97,395

 
31,377

 
76

 
128,848

Interest expense and amortization of deferred debt costs
—

 
—

 
(45,324
)
 
(45,324
)
General and administrative
—

 
—

 
(14,256
)
 
(14,256
)
Subtotal
97,395

 
31,377

 
(59,504
)
 
69,268

Depreciation and amortization of deferred leasing costs
(23,077
)
 
(12,221
)
 
—

 
(35,298
)
Acquisition related costs
(2,534
)
 
—

 
—

 
(2,534
)
Change in fair value of derivatives
—

 
—

 
(1,332
)
 
(1,332
)
Gain on casualty settlement
245

 
—

 
—

 
245

Loss from operations of property sold
(55
)
 
—

 
—

 
(55
)
Net income (loss)
$
71,974

 
$
19,156

 
$
(60,836
)
 
$
30,294

Capital investment
$
177,958

 
$
24,546

 
$
—

 
$
202,504

Total assets
$
871,409

 
$
308,053

 
$
13,107

 
$
1,192,569