Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue
Base rent	$ 40,563	$ 39,740
Expense recoveries	8,789	7,614
Percentage rent	452	600
Other	3,143	1,232
Total revenue	52,947	49,186
Operating expenses
Property operating expenses	7,585	5,949
Provision for credit losses	203	264
Real estate taxes	5,453	5,763
Interest expense and amortization of deferred debt costs	11,467	11,717
Depreciation and amortization of deferred leasing costs	10,180	16,352
General and administrative	4,680	3,404
Acquisition related costs	163	0
Predevelopment expenses	503	2,349
Total operating expenses	40,234	45,798
Operating income	12,713	3,388
Change in fair value of derivatives	(2)	10
Net Income	12,711	3,398
Noncontrolling interest
(Income) loss attributable to noncontrolling interests	(2,424)	1,586
Net income attributable to Saul Centers, Inc.	10,287	4,984
Preferred stock redemption	0	(5,228)
Preferred stock dividends	(3,206)	(4,364)
Net income (loss) attributable to common stockholders	$ 7,081	$ (4,608)
Per share net income (loss) attributable to common stockholders
Basic and diluted (in usd per share)	$ 0.34	$ (0.23)
Dividends declared per common share outstanding (in usd per share)	$ 0.40	$ 0.36