Business Segments (Tables)

12 Months Ended

Dec. 31, 2021

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, 2021	Centers		Properties			and Other		Totals
Real estate rental operations:
Revenue	$	169,681	$	69,544		$	—	$	239,225
Expenses	(35,784)		(25,844)			—		(61,628)
Income from real estate	133,897		43,700			—		177,597
Interest expense, net and amortization of deferred debt costs	—		—			(45,424)		(45,424)
General and administrative	—		—			(20,252)		(20,252)
Depreciation and amortization of deferred leasing costs	(28,843)		(21,429)			—		(50,272)
Net income (loss)	$	105,054	$	22,271		$	(65,676)	$	61,649
Capital investment	$	12,639	$	43,233		$	—	$	55,872
Total assets	$	946,993	$	777,709		$	22,059	$	1,746,761
As of or for the year ended December 31, 2020
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	24602000	$	(63,063)	$	64,196
Capital investment	$	33,968	$	101,695		$	—	$	135,663
Total assets	$	980,096	$	625,183		$	13,061	$	1,618,340