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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 34,488 $ 28,914
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of lease costs 24,704 25,385
Amortization of deferred debt costs 941 811
Compensation costs of stock and option grants 908 903
Credit losses on operating lease receivables, net 48 951
Decrease in accounts receivable and accrued income 3,068 4,223
Additions to deferred leasing costs (903) (1,001)
Decrease in other assets 1,013 1,200
Increase in accounts payable, accrued expenses and other liabilities 4,654 3,779
Increase (decrease) in deferred income (2,437) 1,488
Net cash provided by operating activities 66,484 66,653
Cash flows from investing activities:    
Acquisition of real estate investments [1],[2],[3] 0 (9,011)
Additions to real estate investments (7,014) (10,847)
Additions to development and redevelopment projects (44,900) (7,658)
Net cash used in investing activities (51,914) (27,516)
Cash flows from financing activities:    
Repayments on notes payable (53,531) (26,097)
Repayments on revolving credit facility (8,000) (15,500)
Proceeds from construction loan 0 2,430
Additions to deferred debt costs (3,388) (2)
Proceeds from the issuance of:    
Common stock 6,981 5,820
Partnership units [1],[2],[3] 1,322 1,160
Distributions to:    
Common stockholders (27,208) (24,926)
Noncontrolling interests (10,576) (8,425)
Net cash used in financing activities (17,997) (51,136)
Net decrease in cash and cash equivalents (3,427) (11,999)
Cash and cash equivalents, beginning of period 14,594 26,856
Cash and cash equivalents, end of period 11,167 14,857
Supplemental disclosure of cash flow information:    
Cash paid for interest 19,689 23,214
Accrued capital expenditures included in accounts payable, accrued expenses, and other liabilities 16,220 5,972
Revolving Credit Facility    
Cash flows from financing activities:    
Proceeds from revolving credit facility 82,000 20,000
Series D Cumulative Redeemable Preferred Stock    
Distributions to:    
Preferred stockholders (2,297) (2,296)
Series E Cumulative Redeemable Preferred Stock    
Distributions to:    
Preferred stockholders $ (3,300) $ (3,300)
[1] The 2021 acquisition of real estate and proceeds from the issuance of partnership units each excludes $21,500 in connection with the contribution of the Twinbrook Quarter leasehold interest in exchange for limited partnership units.
[2] The 2021 acquisition of real estate and proceeds from the issuance of partnership units each excludes $4,320 in connection with the issuance of additional limited partnership units to B. F. Saul Real Estate Investment Trust as additional consideration pursuant to the terms of the 2016 contribution agreement, as amended, related to Ashbrook Marketplace.The Notes to Financial Statements are an integral part of these statements.
[3] The 2021 acquisition of real estate and proceeds from the issuance of partnership units each excludes $79,300 in connection with the contribution of Twinbrook Quarter by the B. F. Saul Real Estate Investment Trust in exchange for limited partnership units held in escrow. Half of the units held in escrow were released on October 18, 2021. The remaining units held in escrow are scheduled to be released on October 18, 2023.