XML 82 R67.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Business Segments (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 54,201 | $ 53,233 | $ 52,710 | $ 56,926 |  | $ 52,376 | $ 51,711 | $ 52,088 | $ 52,902 | $ 217,070 | $ 209,077 | $ 207,092
Expenses |  |  |  |  |  |  |  |  |  | (53,701) | (51,143) | (49,513)
Income from real estate |  |  |  |  |  |  |  |  |  | 163,369 | 157,934 | 157,579
Interest expense and amortization of deferred debt costs |  |  |  |  |  |  |  |  |  | (45,683) | (45,165) | (46,034)
General and administrative |  |  |  |  |  |  |  |  |  | (17,496) | (16,353) | (16,961)
Subtotal |  |  |  |  |  |  |  |  |  | 100,190 | 96,416 | 94,584
Depreciation and amortization of deferred leasing costs |  |  |  |  |  |  |  |  |  | (44,417) | (43,270) | (41,203)
Acquisition related costs |  |  |  |  |  |  |  |  |  | (60) | (84) | (949)
Predevelopment expenses |  |  |  |  |  |  |  |  |  | 0 | (132) | (503)
Change in fair value of derivatives |  |  |  |  |  |  |  |  |  | (6) | (10) | (10)
Gain on sale of property | 1,013 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $ 11 | $ 0 |  | 1,013 | 11 | 6,069
Net income (loss) |  |  |  |  |  |  |  |  |  | 56,720 | 52,931 | 57,988
Capital investment |  |  |  |  |  |  |  |  |  | 91,045 | 69,619 | 90,268
Total assets | 1,343,025 |  |  |  | 1,295,408 |  |  |  | 1,257,113 | 1,343,025 | 1,295,408 | 1,257,113
Operating Segments | Shopping Centers |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  |  |  |  |  |  |  |  |  | 160,179 | 156,110 | 154,385
Expenses |  |  |  |  |  |  |  |  |  | (34,931) | (33,877) | (33,781)
Income from real estate |  |  |  |  |  |  |  |  |  | 125,248 | 122,233 | 120,604
Interest expense and amortization of deferred debt costs |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
General and administrative |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Subtotal |  |  |  |  |  |  |  |  |  | 125,248 | 122,233 | 120,604
Depreciation and amortization of deferred leasing costs |  |  |  |  |  |  |  |  |  | (29,964) | (30,171) | (28,082)
Acquisition related costs |  |  |  |  |  |  |  |  |  | (60) | (84) | (949)
Predevelopment expenses |  |  |  |  |  |  |  |  |  |  | (57) | 0
Change in fair value of derivatives |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Gain on sale of property |  |  |  |  |  |  |  |  |  | 0 | 11 | 6,069
Net income (loss) |  |  |  |  |  |  |  |  |  | 95,224 | 91,932 | 97,642
Capital investment |  |  |  |  |  |  |  |  |  | 64,044 | 17,159 | 66,508
Total assets | 976,545 |  |  |  | 931,256 |  |  |  | 939,267 | 976,545 | 931,256 | 939,267
Operating Segments | Mixed-Use Properties |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  |  |  |  |  |  |  |  |  | 56,840 | 52,916 | 52,632
Expenses |  |  |  |  |  |  |  |  |  | (18,770) | (17,266) | (15,732)
Income from real estate |  |  |  |  |  |  |  |  |  | 38,070 | 35,650 | 36,900
Interest expense and amortization of deferred debt costs |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
General and administrative |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Subtotal |  |  |  |  |  |  |  |  |  | 38,070 | 35,650 | 36,900
Depreciation and amortization of deferred leasing costs |  |  |  |  |  |  |  |  |  | (14,453) | (13,099) | (13,121)
Acquisition related costs |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Predevelopment expenses |  |  |  |  |  |  |  |  |  |  | (75) | (503)
Change in fair value of derivatives |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Gain on sale of property |  |  |  |  |  |  |  |  |  | 1,013 | 0 | 0
Net income (loss) |  |  |  |  |  |  |  |  |  | 24,630 | 22,476 | 23,276
Capital investment |  |  |  |  |  |  |  |  |  | 27,001 | 52,460 | 23,760
Total assets | 358,419 |  |  |  | 354,254 |  |  |  | 305,579 | 358,419 | 354,254 | 305,579
Corporate |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  |  |  |  |  |  |  |  |  | 51 | 51 | 75
Expenses |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Income from real estate |  |  |  |  |  |  |  |  |  | 51 | 51 | 75
Interest expense and amortization of deferred debt costs |  |  |  |  |  |  |  |  |  | (45,683) | (45,165) | (46,034)
General and administrative |  |  |  |  |  |  |  |  |  | (17,496) | (16,353) | (16,961)
Subtotal |  |  |  |  |  |  |  |  |  | (63,128) | (61,467) | (62,920)
Depreciation and amortization of deferred leasing costs |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Acquisition related costs |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Predevelopment expenses |  |  |  |  |  |  |  |  |  |  | 0 | 0
Change in fair value of derivatives |  |  |  |  |  |  |  |  |  | (6) | (10) | (10)
Gain on sale of property |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Net income (loss) |  |  |  |  |  |  |  |  |  | (63,134) | (61,477) | (62,930)
Capital investment |  |  |  |  |  |  |  |  |  | 0 | 0 | 0
Total assets | $ 8,061 |  |  |  | $ 9,898 |  |  |  | $ 12,267 | $ 8,061 | $ 9,898 | $ 12,267

X
- Definition Noncash Interest Expense Accretion And Amortization Of Deferred Finance Fees + References No definition available. + Details
Name: | bfs_NoncashInterestExpenseAccretionAndAmortizationOfDeferredFinanceFees
Namespace Prefix: | bfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Other Operating Expenses + References No definition available. + Details
Name: | bfs_OtherOperatingExpenses
Namespace Prefix: | bfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Segment Reporting Information, Operating Income (Loss) before Depreciation and Amortization + References No definition available. + Details
Name: | bfs_SegmentReportingInformationOperatingIncomeLossBeforeDepreciationAndAmortization
Namespace Prefix: | bfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The capitalized costs incurred during the period (excluded from amortization) to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-10(c)(7)(ii)) -URI http://asc.fasb.org/extlink&oid=50486907&loc=d3e511914-122862 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-10(c)(3)(ii)(A)) -URI http://asc.fasb.org/extlink&oid=50486907&loc=d3e511914-122862 + Details
Name: | us-gaap_AcquisitionCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_Assets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents the total of the costs related to real estate revenues, including management, leasing, and development services. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_CostOfRealEstateRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Depreciation of property, plant and equipment directly related to services rendered by an entity during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(d)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_CostOfServicesDepreciationAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the amount of gain (loss) on sale of properties during the reporting period net of the applicable income taxes realized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 974 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-15.(a)(1)(ii)) -URI http://asc.fasb.org/extlink&oid=6875705&loc=d3e641549-123027 + Details
Name: | us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_GeneralAndAdministrativeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1,2) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_GrossProfit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=65897068&loc=SL4591552-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=68079674&loc=SL4569616-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=64809438&loc=SL4573702-111684 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=65897068&loc=SL4591551-111686 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=64809438&loc=SL4573702-111684 + Details
Name: | us-gaap_ProfitLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=bfs_ShoppingCentersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=bfs_MixedUsePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_CorporateNonSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |