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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Real estate investments    
Land $ 384,520 $ 424,837
Buildings and equipment 1,210,467 1,114,357
Construction in progress 60,773 83,516
Real estate investments 1,655,760 1,622,710
Accumulated depreciation (449,116) (425,370)
Real estate investments, net 1,206,644 1,197,340
Cash and cash equivalents 9,836 10,003
Accounts receivable and accrued income, net 52,880 51,076
Deferred leasing costs, net 26,287 26,919
Prepaid expenses, net 8,585 4,663
Other assets 6,772 5,407
Total assets 1,311,004 1,295,408
Liabilities    
Notes payable 778,382 796,169
Revolving credit facility payable 22,086 26,695
Construction loan payable 66,839 43,641
Dividends and distributions payable 16,739 15,380
Accounts payable, accrued expenses and other liabilities 25,022 27,687
Deferred income 31,925 32,109
Total liabilities 940,993 941,681
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, 21,632,871 and 21,266,239 shares issued and outstanding, respectively 216 213
Additional paid-in capital 324,185 305,008
Accumulated deficit (185,886) (180,091)
Accumulated other comprehensive loss (2,086) (1,802)
Total Saul Centers, Inc. stockholders’ equity 316,429 303,328
Noncontrolling interest 53,582 50,399
Total stockholders’ equity 370,011 353,727
Total liabilities and stockholders’ equity $ 1,311,004 $ 1,295,408