Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenue
Base rent	$ 45,385	$ 43,151	$ 135,436	$ 128,338
Expense recoveries	9,447	8,561	26,378	26,011
Percentage rent	67	57	968	1,016
Other	1,338	1,464	7,828	7,504
Total revenue	56,237	53,233	170,610	162,869
Operating expenses
Property operating expenses	7,418	6,685	20,543	20,740
Provision for credit losses	52	391	602	1,207
Real estate taxes	6,834	6,195	20,124	18,266
Interest expense and amortization of deferred debt costs	11,821	11,524	35,585	34,268
Depreciation and amortization of deferred leasing costs	11,363	11,626	34,396	33,478
General and administrative	4,363	4,033	13,178	12,500
Acquisition related costs	0	57	0	57
Total operating expenses	41,851	40,511	124,428	120,516
Operating income	14,386	12,722	46,182	42,353
Change in fair value of derivatives	(1)	1	(2)	(9)
Net income (loss)	14,385	12,723	46,180	42,344
Noncontrolling interests
Income attributable to noncontrolling interests	(2,902)	(2,484)	(9,483)	(8,530)
Net income attributable to Saul Centers, Inc.	11,483	10,239	36,697	33,814
Preferred stock dividends	(3,093)	(3,093)	(9,281)	(9,281)
Net income attributable to common stockholders	$ 8,390	$ 7,146	$ 27,416	$ 24,533
Per share net income attributable to common stockholders
Basic and diluted (in usd per share)	$ 0.38	$ 0.33	$ 1.25	$ 1.14
Dividends declared per common share outstanding (in usd per share)	$ 0.51	$ 0.47	$ 1.53	$ 1.41