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Interim Results (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Interim Results (Unaudited)

INTERIM RESULTS (Unaudited)

The following summary presents the results of operations of the Company for the quarterly periods of calendar years 2018 and 2017.



(In thousands, except per share amounts)	2018
	1st Quarter				2nd Quarter				3rd Quarter				4th Quarter
Total revenue	$	56,496			$	56,293			$	57,059			$	58,328
Operating income before loss on early extinguishment of debt, gain on casualty settlement, and noncontrolling interests	14,946				15,405				16,692				15,510
Gain on sales of properties	—				509				—				—
Net income attributable to Saul Centers, Inc.	12,587				12,543				13,155				12,269
Net income available to common stockholders	6,856				9,590				10,202				9,316
Net income available to common stockholders per diluted share	0.31				0.43				0.45				0.41



(In thousands, except per share amounts)	2017
	1st Quarter				2nd Quarter				3rd Quarter				4th Quarter
Total revenue	$	58,466			$	55,907			$	56,237			$	56,675
Operating income before loss on early extinguishment of debt, gain on casualty settlement, and noncontrolling interests	17,374				14,422				14,386				14,416
Gain on sales of properties	—				—				—				—
Net income attributable to Saul Centers, Inc.	13,704				11,510				11,483				11,560
Net income available to common stockholders	10,610				8,416				8,390				8,466
Net income available to common stockholders per diluted share	0.49				0.38				0.38				0.38