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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Real estate investments    
Land $ 450,256 $ 450,256
Buildings and equipment 1,262,320 1,261,830
Construction in progress 108,735 91,114
Real estate investments 1,821,311 1,803,200
Accumulated depreciation (498,002) (488,166)
Real estate investments, net 1,323,309 1,315,034
Cash and cash equivalents 8,979 10,908
Accounts receivable and accrued income, net 50,821 54,057
Deferred leasing costs, net 26,838 27,255
Prepaid expenses, net 4,085 5,248
Other assets 15,115 9,950
Total assets 1,429,147 1,422,452
Liabilities    
Notes payable 876,544 897,888
Revolving credit facility payable 12,930 60,734
Term loan facility payable 74,518 0
Dividends and distributions payable 18,158 18,520
Accounts payable, accrued expenses and other liabilities 26,035 23,123
Deferred income 27,605 29,084
Total liabilities 1,035,790 1,029,349
Equity    
Common stock, $0.01 par value, 40,000,000 shares authorized, 22,200,966 and 22,123,128 shares issued and outstanding, respectively 222 221
Additional paid-in capital 356,715 352,590
Accumulated deficit (202,405) (197,710)
Accumulated other comprehensive loss (407) (696)
Total Saul Centers, Inc. equity 334,125 334,405
Noncontrolling interest 59,232 58,698
Total equity 393,357 393,103
Total liabilities and equity 1,429,147 1,422,452
Series C Cumulative Preferred Stock    
Equity    
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 72,000 shares issued and outstanding 105,000 $ 180,000
Series D Cumulative Redeemable Preferred Stock    
Equity    
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 72,000 shares issued and outstanding $ 75,000