Business Segments (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

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, 2019	Centers			Properties			and Other			Totals
Real estate rental operations:
Revenue	$	167,888		$	63,637		$	—		$	231,525
Expenses	(36,119		)	(21,814		)	—			(57,933		)
Income from real estate	131,769			41,823			—			173,592
Interest expense, net and amortization of deferred debt costs	—			—			(41,834		)	(41,834		)
General and administrative	—			—			(20,793		)	(20,793		)
Depreciation and amortization of deferred leasing costs	(29,112		)	(17,221		)	—			(46,333		)
Change in fair value of derivatives	—			—			(436		)	(436		)
Net income (loss)	$	102,657		$	24,602		$	(63,063	)	$	64,196
Capital investment	$	33,968		$	101,695		$	—		$	135,663
Total assets	$	980,096		$	625,183		$	13,061		$	1,618,340
As of or for the year ended December 31, 2018
Real estate rental operations:
Revenue	$	164,344		$	62,875		$	—		$	227,219
Expenses	(34,643		)	(20,935		)	—			(55,578		)
Income from real estate	129,701			41,940			—			171,641
Interest expense, net and amortization of deferred debt costs	—			—			(44,768		)	(44,768		)
General and administrative	—			—			(18,459		)	(18,459		)
Depreciation and amortization of deferred leasing costs	(29,251		)	(16,610		)	—			(45,861		)
Change in fair value of derivatives	—			—			(3		)	(3		)
Gain on sale of property	509			—			—			509
Net income (loss)	$	100,959		$	25,330		$	(63,230	)	$	63,059
Capital investment	$	13,485		$	115,165		$	—		$	128,650
Total assets	$	971,321		$	537,500		$	18,668		$	1,527,489
As of or for the year ended December 31, 2017
Real estate rental operations:
Revenue	$	165,232		$	61,067		$	—		$	226,299
Expenses	(34,054		)	(20,632		)	—			(54,686		)
Income from real estate	131,178			40,435			—			171,613
Interest expense, net and amortization of deferred debt costs	—			—			(47,145		)	(47,145		)
General and administrative	—			—			(18,176		)	(18,176		)
Depreciation and amortization of deferred leasing costs	(29,977		)	(15,717		)	—			(45,694		)
Change in fair value of derivatives	—			—			70			70
Net income (loss)	$	101,201		$	24,718		$	(65,251	)	$	60,668
Capital investment	$	90,896		$	29,098		$	—		$	119,994
Total assets	$	974,061		$	438,283		$	10,108		$	1,422,452