Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue
Base rent	$ 44,476	$ 42,607
Expense recoveries	8,594	9,558
Percentage rent	382	363
Other	5,014	4,398
Total revenue	58,466	56,926
Operating expenses
Property operating expenses	6,652	7,995
Provision for credit losses	343	432
Real estate taxes	6,590	5,934
Interest expense and amortization of deferred debt costs	11,864	11,089
Depreciation and amortization of deferred leasing costs	11,342	11,035
General and administrative	4,301	4,060
Total operating expenses	41,092	40,545
Operating income	17,374	16,381
Change in fair value of derivatives	0	(7)
Net income (loss)	17,374	16,374
Noncontrolling interests
Income attributable to noncontrolling interests	(3,670)	(3,426)
Net income attributable to Saul Centers, Inc.	13,704	12,948
Preferred stock dividends	(3,094)	(3,094)
Net income attributable to common stockholders	$ 10,610	$ 9,854
Per share net income attributable to common stockholders
Basic and diluted (in usd per share)	$ 0.49	$ 0.46
Dividends declared per common share outstanding (in usd per share)	$ 0.51	$ 0.47