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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue      
Base rent $ 159,898 $ 152,777 $ 138,486
Expense recoveries 30,949 30,391 28,368
Percentage rent 1,575 1,545 1,503
Other 5,475 5,379 5,521
Total revenue 197,897 190,092 173,878
Operating expenses      
Property operating expenses 24,559 23,794 24,715
Provision for credit losses 968 1,151 1,880
Real estate taxes 22,415 22,325 18,435
Interest expense and amortization of deferred debt costs 46,589 49,544 45,324
Depreciation and amortization of deferred leasing costs 49,130 40,112 35,298
General and administrative 14,951 14,274 14,256
Acquisition related costs 106 1,129 2,534
Predevelopment expenses 3,910 2,667 0
Total operating expenses 162,628 154,996 142,442
Operating income 35,269 35,096 31,436
Change in fair value of derivatives (7) 36 (1,332)
Loss on early extinguishment of debt (497) 0 0
Gain on casualty settlement 77 219 245
Income from continuing operations 34,842 35,351 30,349
Discontinued Operations      
Loss from operations of properties sold 0 (81) (55)
Gain on sales of properties 0 4,510 0
Income (loss) from discontinued operations 0 4,429 (55)
Net Income 34,842 39,780 30,294
Noncontrolling interest      
Income from continuing operations attributable to noncontrolling interests (3,970) (5,693) (3,561)
Income from discontinued operations attributable to noncontrolling interests 0 (713) 0
Income attributable to noncontrolling interests (3,970) (6,406) (3,561)
Net income attributable to Saul Centers, Inc. 30,872 33,374 26,733
Preferred stock redemption 5,228 0 0
Preferred dividends (13,983) (15,140) (15,140)
Net income available to common stockholders $ 11,661 $ 18,234 $ 11,593
Basic and diluted:      
Continuing operations (in usd per share) $ 0.57 $ 0.70 $ 0.61
Discontinued operations (in usd per share) $ 0.00 $ 0.23 $ 0.00
Total basic and diluted (in usd per share) $ 0.57 $ 0.93 $ 0.61