Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues
Rental revenue	$ 69,426	$ 63,695	$ 139,973	$ 128,994
Other	1,408	3,248	2,717	4,641
Total revenue	70,834	66,943	142,690	133,635
Expenses
Property operating expenses	11,424	9,656	25,166	20,201
Real estate taxes	8,016	7,608	16,000	15,232
Interest expense, net and amortization of deferred debt costs	16,820	12,267	33,567	24,715
Depreciation and amortization of deferred leasing costs	14,098	12,001	28,621	24,030
General and administrative	6,415	6,102	12,427	11,885
Total expenses	56,773	47,634	115,781	96,063
Gain on disposition of property	120	181	120	181
Net income	14,181	19,490	27,029	37,753
Noncontrolling interests
Income attributable to noncontrolling interests	(3,461)	(5,042)	(6,510)	(9,675)
Net income attributable to Saul Centers, Inc.	10,720	14,448	20,519	28,078
Preferred stock dividends	(2,799)	(2,799)	(5,597)	(5,597)
Net income available to common stockholders	$ 7,921	$ 11,649	$ 14,922	$ 22,481
Per share net income available to common stockholders
Basic (in USD per share)	$ 0.33	$ 0.48	$ 0.62	$ 0.93
Diluted (in USD per share)	$ 0.33	$ 0.48	$ 0.62	$ 0.93