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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Real estate investments    
Land $ 454,041 $ 422,546
Buildings and equipment 1,266,394 1,214,697
Construction in progress 72,791 63,570
Real estate investments 1,793,226 1,700,813
Accumulated depreciation (477,565) (458,279)
Real estate investments, net 1,315,661 1,242,534
Cash and cash equivalents 12,395 8,322
Accounts receivable and accrued income, net 51,198 53,033
Deferred leasing costs, net 28,143 25,983
Prepaid expenses, net 1,724 5,057
Other assets 11,757 8,096
Total assets 1,420,878 1,343,025
Liabilities    
Notes payable 810,108 783,400
Revolving credit facility payable 83,478 48,217
Construction loan payable 70,077 68,672
Dividends and distributions payable 18,081 17,953
Accounts payable, accrued expenses and other liabilities 25,052 20,838
Deferred income 29,621 30,696
Total liabilities 1,036,417 969,776
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, 21,877,619 and 21,704,359 shares issued and outstanding, respectively 219 217
Additional paid-in capital 338,495 328,171
Accumulated deficit (191,837) (188,584)
Accumulated other comprehensive loss (1,052) (1,299)
Total Saul Centers, Inc. stockholders’ equity 325,825 318,505
Noncontrolling interest 58,636 54,744
Total stockholders’ equity 384,461 373,249
Total liabilities and stockholders’ equity $ 1,420,878 $ 1,343,025