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Consolidated Statement of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Limited Partner
Series D Cumulative Redeemable Preferred Stock
Series E Cumulative Redeemable Preferred Stock
Total Saul Centers, Inc.
Total Saul Centers, Inc.
Series D Cumulative Redeemable Preferred Stock
Total Saul Centers, Inc.
Series E Cumulative Redeemable Preferred Stock
Preferred Stock
Common Stock
Additional Paid-in Capital
Partnership Units in Escrow
Distributions in Excess of Accumulated Earnings
Distributions in Excess of Accumulated Earnings
Series D Cumulative Redeemable Preferred Stock
Distributions in Excess of Accumulated Earnings
Series E Cumulative Redeemable Preferred Stock
Accumulated Other Comprehensive Income
Noncontrolling Interests
Noncontrolling Interests
Limited Partner
Beginning Balance at Dec. 31, 2021 $ 530,487       $ 405,049     $ 185,000 $ 238 $ 436,609 $ 39,650 $ (256,448)     $ 0 $ 125,438  
Issuance of shares of common stock:                                  
Issuance of shares pursuant to dividend reinvestment plan 2,949 $ 653     2,949       1 2,948             $ 653
Issuance of shares due to exercise of employee stock options and issuance of directors’ deferred shares 594       594         594              
Net income 17,491       13,365             13,365       4,126  
Distributions payable preferred stock:                                  
Preferred stock distributions     $ (1,148) $ (1,650)   $ (1,148) $ (1,650)           $ (1,148) $ (1,650)      
Distributions payable, common stock and partnership units (18,917)       (13,625)             (13,625)       (5,292)  
Ending Balance at Mar. 31, 2022 530,459       405,534     185,000 239 440,151 39,650 (259,506)     0 124,925  
Beginning Balance at Dec. 31, 2022 521,802       400,484     185,000 240 446,301 39,650 (273,559)     2,852 121,318  
Issuance of shares of common stock:                                  
Issuance of shares pursuant to dividend reinvestment plan 543       543       0 543              
Issuance of shares due to exercise of employee stock options and issuance of directors’ deferred shares 290       290         290              
Net income 17,663       13,502             13,502       4,161  
Distributions payable preferred stock:                                  
Preferred stock distributions     $ (1,148) $ (1,650)   $ (1,148) $ (1,650)           $ (1,148) $ (1,650)      
Distributions payable, common stock and partnership units (19,651)       (14,165)             (14,165)       (5,486)  
Ending Balance at Mar. 31, 2023 $ 515,835       $ 396,406     $ 185,000 $ 240 $ 447,134 $ 39,650 $ (277,020)     $ 1,402 $ 119,429