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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Rental revenue $ 65,299 $ 61,829
Other 1,393 1,220
Total revenue 66,692 63,049
Expenses    
Property operating expenses 10,545 8,785
Real estate taxes 7,623 7,495
Interest expense, net and amortization of deferred debt costs 12,448 11,821
Depreciation and amortization of deferred leasing costs 12,029 12,017
General and administrative 5,784 5,268
Total expenses 48,429 45,386
Net income 18,263 17,663
Noncontrolling interests    
Income attributable to noncontrolling interests (4,633) (4,161)
Net income attributable to Saul Centers, Inc. 13,630 13,502
Preferred stock dividends (2,798) (2,798)
Net income available to common stockholders $ 10,832 $ 10,704
Per share net income available to common stockholders    
Basic (in USD per share) $ 0.45 $ 0.45
Diluted (in USD per share) $ 0.45 $ 0.45