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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Rental revenue $ 52,002 $ 55,953 $ 107,418 $ 112,756
Other 1,218 2,188 2,745 5,135
Total revenue 53,220 58,141 110,163 117,891
Expenses        
Property operating expenses 6,410 7,115 13,446 15,116
Real estate taxes 7,351 6,819 14,504 13,967
Interest expense, net and amortization of deferred debt costs 12,019 10,793 21,613 21,860
Depreciation and amortization of deferred leasing costs 12,600 11,524 23,881 23,167
General and administrative 4,632 5,140 9,682 9,954
Total expenses 43,012 41,391 83,126 84,064
Net Income 10,208 16,750 27,037 33,827
Noncontrolling interests        
Income attributable to noncontrolling interests (1,880) (3,518) (5,445) (7,148)
Net income attributable to Saul Centers, Inc. 8,328 13,232 21,592 26,679
Preferred stock dividends (2,798) (2,953) (5,596) (5,906)
Net income available to common stockholders $ 5,530 $ 10,279 $ 15,996 $ 20,773
Per share net income available to common stockholders        
Basic and diluted (in usd per share) $ 0.24 $ 0.45 $ 0.69 $ 0.91