Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue
Rental revenue	$ 55,487	$ 55,733	$ 168,242	$ 165,693
Other	1,565	1,177	6,701	3,407
Total revenue	57,052	56,910	174,943	169,100
Expenses
Property operating expenses	7,525	6,910	22,641	20,766
Real estate taxes	7,114	6,937	21,081	20,559
Interest expense, net and amortization of deferred debt costs	10,325	10,974	32,185	33,568
Depreciation and amortization of deferred leasing costs	12,018	11,256	35,185	33,956
General and administrative	4,742	4,141	14,696	13,208
Total expenses	41,724	40,218	125,788	122,057
Change in fair value of derivatives	0	10	0	(2)
Gain on sale of property	0	0	0	509
Net Income	15,328	16,702	49,155	47,550
Noncontrolling interests
Income attributable to noncontrolling interests	(3,102)	(3,547)	(10,250)	(9,265)
Net income attributable to Saul Centers, Inc.	12,226	13,155	38,905	38,285
Extinguishment of issuance costs upon redemption of preferred shares	0	0	0	(2,328)
Preferred stock dividends	(3,210)	(2,953)	(9,116)	(9,309)
Net income available to common stockholders	$ 9,016	$ 10,202	$ 29,789	$ 26,648
Per share net income available to common stockholders
Basic and diluted (in usd per share)	$ 0.39	$ 0.45	$ 1.30	$ 1.19
Dividends declared per common share outstanding (in usd per share)	$ 0.53	$ 0.52	$ 1.59	$ 1.56