Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Real estate investments
Land	$ 450,256	$ 450,256
Buildings and equipment	1,263,865	1,261,830
Construction in progress	139,285	91,114
Real estate investments	1,853,406	1,803,200
Accumulated depreciation	(507,084)	(488,166)
Real estate investments, net	1,346,322	1,315,034
Cash and cash equivalents	6,425	10,908
Accounts receivable and accrued income, net	50,634	54,057
Deferred leasing costs, net	27,139	27,255
Prepaid expenses, net	1,669	5,248
Other assets	14,293	9,950
Total assets	1,446,482	1,422,452
Liabilities
Notes payable	869,272	897,888
Revolving credit facility payable	23,065	60,734
Term loan facility payable	74,543	0
Dividends and distributions payable	18,599	18,520
Accounts payable, accrued expenses and other liabilities	29,078	23,123
Deferred income	25,594	29,084
Total liabilities	1,040,151	1,029,349
Equity
Common stock, $0.01 par value, 40,000,000 shares authorized, 22,288,815 and 22,123,128 shares issued and outstanding, respectively	223	221
Additional paid-in capital	361,413	352,590
Distributions in excess of accumulated earnings	(204,404)	(197,710)
Accumulated other comprehensive loss	(285)	(696)
Total Saul Centers, Inc. equity	336,947	334,405
Noncontrolling interest	69,384	58,698
Total equity	406,331	393,103
Total liabilities and equity	1,446,482	1,422,452
Series C Cumulative Redeemable Preferred Stock
Equity
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 42,000 and 72,000 shares issued and outstanding, Series D Cumulative Redeemable, 30,000 and 0 shares issued and outstanding respectively	105,000	$ 180,000
Series D Cumulative Redeemable Preferred Stock
Equity
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 42,000 and 72,000 shares issued and outstanding, Series D Cumulative Redeemable, 30,000 and 0 shares issued and outstanding respectively	$ 75,000