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Business Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Business Segments

SAUL CENTERS, INC. Notes to Consolidated Financial Statements
(In thousands)			Shopping						Mixed-Use						Corporate						Consolidated
As of or for the year ended December 31, 2022			Centers						Properties						and Other						Totals
Real estate rental operations:
Revenue			$	172,055					$	73,805					$	—					$	245,860
Expenses			(36,895)						(27,627)						—						(64,522)
Income from real estate			135,160						46,178						—						181,338
Interest expense, net and amortization of deferred debt costs			—						—						(43,937)						(43,937)
General and administrative			—						—						(22,392)						(22,392)
Depreciation and amortization of deferred leasing costs			(28,359)						(20,610)						—						(48,969)
Loss on early extinguishment of debt			—						—						(648)						(648)
Net income (loss)			$	106,801					$	25,568					$	(66,977)					$	65,392
Capital investment			$	8,412					$	108,476					$	—					$	116,888
Total assets			$	928,071					$	885,500					$	19,731					$	1,833,302
As of or for the year ended December 31, 2021
Real estate rental operations:
Revenue			$	169,681					$	69,544					$	—					$	239,225
Expenses			(35,784)						(25,844)						—						(61,628)
Income from real estate			133,897						43,700						—						177,597
Interest expense, net and amortization of deferred debt costs			—						—						(45,424)						(45,424)
General and administrative			—						—						(20,252)						(20,252)
Depreciation and amortization of deferred leasing costs			(28,843)						(21,429)						—						(50,272)
Net income (loss)			$	105,054					$	22,271					$	(65,676)					$	61,649
Capital investment			$	12,673					$	43,245					$	—					$	55,918
Total assets			$	946,993					$	777,709					$	22,059					$	1,746,761
As of or for the year ended December 31, 2020
Real estate rental operations:
Revenue			$	161,854					$	63,353					$	—					$	225,207
Expenses			(35,198)						(23,219)						—						(58,417)
Income from real estate			126,656						40,134						—						166,790
Interest expense, net and amortization of deferred debt costs			—						—						(46,519)						(46,519)
General and administrative			—						—						(19,107)						(19,107)
Depreciation and amortization of deferred leasing costs			(30,891)						(20,235)						—						(51,126)
Gain on sale of property			278						—						—						278
Net income (loss)			$	96,043					$	19,899					$	(65,626)					$	50,316
Capital investment			$	15,207					$	40,947					$	—					$	56,154
Total assets			$	975,195					$	643,503					$	26,874					$	1,645,572

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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