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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Real estate investments    
Land $ 421,499 $ 420,622
Buildings and equipment 1,116,381 1,109,276
Construction in progress 53,485 30,261
Real estate investments 1,591,365 1,560,159
Accumulated depreciation (414,694) (396,617)
Real estate investments, net 1,176,671 1,163,542
Cash and cash equivalents 11,714 12,128
Accounts receivable and accrued income, net 47,084 46,784
Deferred leasing costs, net 27,049 26,928
Prepaid expenses, net 1,663 4,093
Deferred debt costs, net 9,455 9,874
Other assets 4,407 3,638
Total assets 1,278,043 1,266,987
Liabilities    
Notes payable 813,861 808,997
Revolving credit facility payable 22,000 43,000
Construction loan payable 17,531 5,391
Dividends and distributions payable 15,290 14,352
Accounts payable, accrued expenses and other liabilities 31,724 23,537
Deferred income 31,816 32,453
Total liabilities 932,222 927,730
Preferred stock, 1,000,000 shares authorized:    
Common stock, $0.01 par value, 40,000,000 shares authorized, 21,118,594 and 20,947,141 shares issued and outstanding, respectively 211 209
Additional paid-in capital 297,009 287,995
Accumulated deficit (177,517) (173,774)
Accumulated other comprehensive loss (1,856) (1,894)
Total Saul Centers, Inc. stockholders’ equity 297,847 292,536
Noncontrolling interest 47,974 46,721
Total stockholders’ equity 345,821 339,257
Total liabilities and stockholders’ equity 1,278,043 1,266,987
Series C Preferred Stock    
Preferred stock, 1,000,000 shares authorized:    
Series C Cumulative Redeemable, 72,000 shares issued and outstanding $ 180,000 $ 180,000