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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Real estate investments    
Land $ 427,112 $ 424,837
Buildings and equipment 1,206,307 1,114,357
Construction in progress 7,327 83,516
Real estate investments 1,640,746 1,622,710
Accumulated depreciation (440,499) (425,370)
Real estate investments, net 1,200,247 1,197,340
Cash and cash equivalents 10,981 10,003
Accounts receivable and accrued income, net 48,508 51,076
Deferred leasing costs, net 26,371 26,919
Prepaid expenses, net 1,892 4,663
Other assets 7,456 5,407
Total assets 1,295,455 1,295,408
Liabilities    
Notes payable 784,402 796,169
Revolving credit facility payable 10,956 26,695
Construction loan payable 61,460 43,641
Dividends and distributions payable 16,684 15,380
Accounts payable, accrued expenses and other liabilities 25,865 27,687
Deferred income 29,658 32,109
Total liabilities 929,025 941,681
Stockholders’ equity    
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 72,000 shares issued and outstanding 180,000 180,000
Common stock, $0.01 par value, 40,000,000 shares authorized, 21,542,582 and 21,266,239 shares issued and outstanding, respectively 215 213
Additional paid-in capital 318,778 305,008
Accumulated deficit (182,856) (180,091)
Accumulated other comprehensive loss (2,406) (1,802)
Total Saul Centers, Inc. stockholders’ equity 313,731 303,328
Noncontrolling interest 52,699 50,399
Total stockholders’ equity 366,430 353,727
Total liabilities and stockholders’ equity $ 1,295,455 $ 1,295,408