Business Segments (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Business Segments

SAUL CENTERS, INC. Notes to Consolidated Financial Statements
(In thousands)	Shopping		Mixed-Use		Corporate		Consolidated
As of or for the year ended December 31, 2020	Centers		Properties		and Other		Totals
Real estate rental operations:
Revenue	$	161,854	$	63,353	$	—	$	225,207
Expenses	(35,198)		(23,219)		—		(58,417)
Income from real estate	126,656		40,134		—		166,790
Interest expense, net and amortization of deferred debt costs	—		—		(46,519)		(46,519)
General and administrative	—		—		(19,107)		(19,107)
Depreciation and amortization of deferred leasing costs	(30,891)		(20,235)		—		(51,126)
Gain on sale of property	278		—		—		278
Net income (loss)	$	96,043	$	19,899	$	(65,626)	$	50,316
Capital investment	$	15,203	$	40,965	$	—	$	56,168
Total assets	$	975,195	$	643,503	$	26,874	$	1,645,572
As of or for the year ended December 31, 2019
Real estate rental operations:
Revenue	$	167,888	$	63,637	$	—	$	231,525
Expenses	(36,119)		(21,814)		—		(57,933)
Income from real estate	131,769		41,823		—		173,592
Interest expense, net and amortization of deferred debt costs	—		—		(41,834)		(41,834)
General and administrative	—		—		(20,793)		(20,793)
Depreciation and amortization of deferred leasing costs	(29,112)		(17,221)		—		(46,333)
Change in fair value of derivatives	—		—		(436)		(436)
Net income (loss)	$	102,657	$	24,602	$	(63,063)	$	64,196
Capital investment	$	33,968	$	101,695	$	—	$	135,663
Total assets	$	980,096	$	625,183	$	13,061	$	1,618,340
As of or for the year ended December 31, 2018
Real estate rental operations:
Revenue	$	164,344	$	62,875	$	—	$	227,219
Expenses	(34,643)		(20,935)		—		(55,578)
Income from real estate	129,701		41,940		—		171,641
Interest expense, net and amortization of deferred debt costs	—		—		(44,768)		(44,768)
General and administrative	—		—		(18,459)		(18,459)
Depreciation and amortization of deferred leasing costs	(29,251)		(16,610)		—		(45,861)
Change in fair value of derivatives	—		—		(3)		(3)
Gain on sale of property	509		—		—		509
Net income (loss)	$	100,959	$	25,330	$	(63,230)	$	63,059
Capital investment	$	13,485	$	115,165	$	—	$	128,650
Total assets	$	971,321	$	537,500	$	18,668	$	1,527,489