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v3.19.1

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Revenue |  |
Rental Revenue | $ 56,803 | $ 54,990
Other | 2,947 | 1,118
Total revenue | 59,750 | 56,108
Expenses |  |
Property operating expenses | 8,001 | 7,123
Real estate taxes | 7,148 | 6,845
Interest expense, net and amortization of deferred debt costs | 11,067 | 11,424
Depreciation and amortization of deferred leasing costs | 11,643 | 11,349
General and administrative | 4,814 | 4,420
Total expenses | 42,673 | 41,161
Net Income | 17,077 | 14,947
Noncontrolling interests |  |
Income attributable to noncontrolling interests | (3,630) | (2,359)
Net income attributable to Saul Centers, Inc. | 13,447 | 12,588
Extinguishment of issuance costs upon redemption of preferred shares | 0 | (2,328)
Preferred stock dividends | (2,953) | (3,403)
Net income available to common stockholders | $ 10,494 | $ 6,857
Per share net income available to common stockholders |  |
Basic and diluted (in usd per share) | $ 0.46 | $ 0.31
Dividends declared per common share outstanding (in usd per share) | $ 0.53 | $ 0.52

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