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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Real estate investments    
Land $ 454,006 $ 422,546
Buildings and equipment 1,263,107 1,214,697
Construction in progress 66,008 63,570
Real estate investments 1,783,121 1,700,813
Accumulated depreciation (467,564) (458,279)
Real estate investments, net 1,315,557 1,242,534
Cash and cash equivalents 9,671 8,322
Accounts receivable and accrued income, net 52,021 53,033
Deferred leasing costs, net 27,761 25,983
Prepaid expenses, net 3,642 5,057
Other assets 11,130 8,096
Total assets 1,419,782 1,343,025
Liabilities    
Notes payable 816,738 783,400
Revolving credit facility payable 83,347 48,217
Construction loan payable 69,553 68,672
Dividends and distributions payable 18,005 17,953
Accounts payable, accrued expenses and other liabilities 20,779 20,838
Deferred income 32,049 30,696
Total liabilities 1,040,471 969,776
Stockholders’ equity    
Preferred stock, 1,000,000 shares authorized: Series C Cumulative Redeemable, 72,000 shares issued and outstanding 180,000 180,000
Common stock, $0.01 par value, 40,000,000 shares authorized, 21,767,261 and 21,704,359 shares issued and outstanding, respectively 218 217
Additional paid-in capital 332,158 328,171
Accumulated deficit (189,078) (188,584)
Accumulated other comprehensive loss (1,093) (1,299)
Total Saul Centers, Inc. stockholders’ equity 322,205 318,505
Noncontrolling interest 57,106 54,744
Total stockholders’ equity 379,311 373,249
Total liabilities and stockholders’ equity $ 1,419,782 $ 1,343,025