XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Real estate investments    
Land $ 424,837 $ 420,622
Buildings and equipment 1,114,357 1,109,276
Construction in progress 83,516 30,261
Total 1,622,710 1,560,159
Accumulated depreciation (425,370) (396,617)
Real estate investments, net 1,197,340 1,163,542
Cash and cash equivalents 10,003 12,128
Accounts receivable and accrued income, net 51,076 46,784
Deferred leasing costs, net 26,919 26,928
Prepaid expenses, net 4,663 4,093
Deferred debt costs, net 8,737 9,874
Other assets 5,407 3,638
Total assets 1,304,145 1,266,987
Liabilities    
Mortgage notes payable 802,034 808,997
Revolving credit facility payable 28,000 43,000
Construction loan payable 45,208 5,391
Dividends and distributions payable 15,380 14,352
Accounts payable, accrued expenses and other liabilities 27,687 23,537
Deferred income 32,109 32,453
Total liabilities 950,418 927,730
Preferred stock, 1,000,000 shares authorized:    
Cumulative Redeemable Preferred stock 180,000 180,000
Common stock, $0.01 par value, 30,000,000 shares authorized, 21,266,239 and 20,947,141 shares issued and outstanding, respectively 213 209
Additional paid-in capital 305,008 287,995
Accumulated deficit (180,091) (173,774)
Accumulated other comprehensive loss (1,802) (1,894)
Total Saul Centers, Inc. stockholders' equity 303,328 292,536
Noncontrolling interests 50,399 46,721
Total stockholders' equity 353,727 339,257
Total liabilities and stockholders' equity $ 1,304,145 $ 1,266,987