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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Rental revenue $ 58,818 $ 52,002 $ 116,575 $ 107,418
Other 1,186 1,218 2,154 2,745
Total revenue 60,004 53,220 118,729 110,163
Expenses        
Property operating expenses 7,524 6,410 16,210 13,446
Real estate taxes 7,138 7,351 14,967 14,504
Interest expense, net and amortization of deferred debt costs 11,657 12,019 23,646 21,613
Depreciation and amortization of lease costs 12,637 12,600 25,385 23,881
General and administrative 4,929 4,632 9,607 9,682
Total expenses 43,885 43,012 89,815 83,126
Net Income 16,119 10,208 28,914 27,037
Noncontrolling interests        
Income attributable to noncontrolling interests (3,373) (1,880) (5,906) (5,445)
Net income attributable to Saul Centers, Inc. 12,746 8,328 23,008 21,592
Preferred stock dividends (2,799) (2,798) (5,597) (5,596)
Net income available to common stockholders 9,947 5,530 17,411 15,996
Net income available to common stockholders $ 9,947 $ 5,530 $ 17,411 $ 15,996
Per share net income available to common stockholders        
Basic (in usd per share) $ 0.42 $ 0.24 $ 0.74 $ 0.69
Diluted (in usd per share) $ 0.42 $ 0.24 $ 0.74 $ 0.69