XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statement of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Limited Partner
Series D Cumulative Redeemable, 30,000 shares issued and outstanding
Series E Cumulative Redeemable, 44,000 shares issued and outstanding
Total Saul Centers, Inc.
Total Saul Centers, Inc.
Series D Cumulative Redeemable, 30,000 shares issued and outstanding
Total Saul Centers, Inc.
Series E Cumulative Redeemable, 44,000 shares issued and outstanding
Preferred stock
Common stock
Additional paid-in capital
Retained Earnings
Retained Earnings
Series D Cumulative Redeemable, 30,000 shares issued and outstanding
Retained Earnings
Series E Cumulative Redeemable, 44,000 shares issued and outstanding
Accumulated other comprehensive income
Noncontrolling interests
Noncontrolling interests
Limited Partner
Beginning balance (in shares) at Dec. 31, 2023               74,000,000                
Beginning balance (in shares) at Dec. 31, 2023                 24,082,887,000              
Beginning Balance at Dec. 31, 2023 $ 504,429       $ 348,389     $ 185,000 $ 241 $ 449,959 $ (288,825)     $ 2,014 $ 156,040  
Issuance of shares of common stock:                                
Pursuant to dividend reinvestment plan (in shares) 16,007,000                              
Pursuant to dividend reinvestment plan $ 603 $ 11,741     603         603           $ 11,741
Due to directors' deferred compensation plan (in shares)                 183,000              
Due to directors' deferred compensation plan 7       7         7            
Share-based compensation expense 212       212         212            
Net income 18,263       13,630           13,630       4,633  
Change in unrealized gain on cash flow hedge 1,804       1,264                 1,264 540  
Distributions payable preferred stock:                                
Preferred stock distributions     $ (1,148) $ (1,650)   $ (1,148) $ (1,650)         $ (1,148) $ (1,650)      
Distributions payable, common stock and partnership units (20,330)       (14,220)           (14,220)       (6,110)  
Ending Balance at Mar. 31, 2024 $ 513,931       347,087     $ 185,000 $ 241 450,781 (292,213)     3,278 166,844  
Ending balance (in shares) at Mar. 31, 2024                 24,099,077,000              
Ending balance (in shares) at Mar. 31, 2024               74,000,000                
Beginning balance (in shares) at Dec. 31, 2024     30,000 44,000       74,000,000                
Beginning balance (in shares) at Dec. 31, 2024 24,302,576               24,302,576              
Beginning Balance at Dec. 31, 2024 $ 501,124       335,754     $ 185,000 $ 243 454,086 (306,541)     2,966 165,370  
Issuance of shares of common stock:                                
Pursuant to dividend reinvestment plan (in shares)                 16,904              
Pursuant to dividend reinvestment plan 598 $ 1,629     598         598           $ 1,629
Due to directors' deferred compensation plan (in shares)                 934              
Due to directors' deferred compensation plan 36       36         36            
Due to restricted share awards (forfeitures) (in shares)                 (2,000)              
Share-based compensation expense 392       392         392            
Net income 12,848       9,799           9,799       3,049  
Change in unrealized gain on cash flow hedge (1,543)       (1,075)                 (1,075) (468)  
Distributions payable preferred stock:                                
Preferred stock distributions     $ (1,148) $ (1,650)   $ (1,148) $ (1,650)         $ (1,148) $ (1,650)      
Distributions payable, common stock and partnership units (20,550)       (14,339)           (14,339)       (6,211)  
Ending Balance at Mar. 31, 2025 $ 491,736       $ 328,367     $ 185,000 $ 243 $ 455,112 $ (313,879)     $ 1,891 $ 163,369  
Ending balance (in shares) at Mar. 31, 2025 24,318,414               24,318,414              
Ending balance (in shares) at Mar. 31, 2025     30,000 44,000       74,000,000