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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Rental revenue $ 70,547 $ 65,299
Other 1,309 1,393
Total revenue 71,856 66,692
Expenses    
Property operating expenses 13,742 10,545
Real estate taxes 7,984 7,623
Interest expense, net and amortization of deferred debt costs 16,747 12,448
Depreciation and amortization of deferred leasing costs 14,523 12,029
General and administrative 6,012 5,784
Total expenses 59,008 48,429
Net income 12,848 18,263
Noncontrolling interests    
Income attributable to noncontrolling interests (3,049) (4,633)
Net income attributable to Saul Centers, Inc. 9,799 13,630
Preferred stock dividends (2,798) (2,798)
Net income available to common stockholders $ 7,001 $ 10,832
Per share net income available to common stockholders    
Basic (in USD per share) $ 0.29 $ 0.45
Diluted (in USD per share) $ 0.29 $ 0.45