SAUL CENTERS INC. BFS Income Statement

Saul centers inc. (BFS)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
Rental revenue
221,964	223,352	224,284	224,530	223,547	221,734	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
6,754	8,173	8,779	8,391	7,314	5,485	0	0	0	-	-	9,430	9,606	8,990	9,233	9,376	9,214	6,255	6,060	5,675	7,165	8,869	8,540	8,901	7,386	5,475	5,520	5,234	5,214	5,379	5,788	5,776	5,683	5,521	4,994	4,737	0	0	0
Operating Leases, Income Statement, Minimum Lease Revenue
-	-	-	-	-	-	-	-	-	-	179,479	177,245	174,250	172,381	170,855	170,135	169,431	168,303	167,332	166,353	165,515	164,599	163,548	162,206	160,721	159,898	158,318	156,542	155,032	152,777	151,068	147,124	143,274	138,486	132,523	129,938	0	0	0
Expense recoveries
-	-	-	-	-	-	-	-	-	-	-	33,781	33,336	34,300	34,212	33,832	33,737	32,911	32,494	32,047	32,075	32,132	32,372	32,486	32,124	30,949	30,610	30,326	30,304	30,391	29,863	29,293	28,643	28,368	28,149	28,078	0	0	0
Percentage rent
-	-	-	-	-	-	-	-	-	-	1,331	1,321	1,398	1,379	1,471	1,571	1,533	1,608	1,553	1,583	1,478	1,492	1,514	1,542	1,427	1,575	1,589	1,624	1,739	1,545	1,575	1,534	1,534	1,503	1,275	1,397	0	0	0
Revenues
228,718	231,525	233,063	232,921	230,861	227,219	224,807	224,125	223,941	226,299	224,741	221,746	218,559	217,019	215,771	214,914	213,915	209,077	207,439	205,658	206,233	207,092	205,974	205,135	201,658	197,897	196,037	193,726	192,289	190,092	188,294	183,727	179,134	173,878	166,941	164,150	0	0	0
Expenses
Property operating expenses
28,981	29,946	30,078	29,463	29,080	28,202	0	0	0	-	-	26,597	26,184	27,527	27,185	26,808	26,944	26,565	26,560	26,568	26,510	26,479	26,502	26,292	26,195	24,559	24,358	24,129	24,006	23,794	23,958	23,910	23,819	24,715	23,488	22,529	0	0	0
Real estate taxes
27,992	27,987	27,897	27,720	27,679	27,376	0	0	0	-	-	25,899	25,336	24,680	24,219	23,957	23,696	23,663	23,433	23,094	22,802	22,354	22,240	22,256	22,105	22,415	22,234	22,159	22,252	22,325	21,451	20,659	19,789	18,435	18,248	17,954	0	0	0
Predevelopment expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	503	771	831	2,064	3,910	5,512	0	0	-	0	-	-	-	-	-	-	-	-
Operating income
-	-	-	-	-	-	-	-	-	-	59,542	57,878	56,706	55,713	56,436	56,952	56,624	52,930	51,161	50,402	51,903	51,929	51,826	51,306	44,594	35,269	31,065	27,270	29,159	35,096	33,357	33,849	32,442	31,436	35,579	37,669	0	0	0
Other revenue
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash Interest Expense Accretion And Amortization Of Deferred Finance Fees
40,361	41,834	43,387	44,036	44,411	44,768	45,126	45,973	46,705	47,145	47,000	46,703	46,458	45,683	45,445	45,150	44,848	45,165	45,485	45,840	45,973	46,034	45,962	46,116	46,339	46,589	47,098	47,682	48,527	49,544	50,220	49,148	47,764	45,324	41,495	39,132	0	0	0
Depreciation, Depletion and Amortization
45,971	46,333	47,090	46,328	46,155	45,861	45,254	45,361	45,701	45,694	45,335	45,598	44,724	44,417	44,366	43,871	43,865	43,270	42,840	41,965	41,463	41,203	40,559	40,795	42,958	49,130	49,684	49,429	46,706	40,112	39,734	38,009	36,732	35,298	32,339	31,116	0	0	0
General and Administrative Expense
21,029	20,793	19,947	19,346	18,853	18,459	18,206	18,428	18,295	18,176	18,174	17,844	17,737	17,496	17,141	16,910	16,642	16,353	16,133	16,168	16,052	16,961	16,661	16,325	16,227	14,951	14,801	14,572	14,431	14,274	14,157	14,178	14,337	14,256	13,819	14,215	0	0	0
Total expenses
164,334	166,893	168,399	166,893	166,178	164,666	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition Costs, Period Cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	84	289	591	807	949	745	485	269	106	99	0	0	-	0	-	-	2,534	2,683	0	0	0	-
Change in fair value of derivatives
-	-	0	0	-	-	0	0	-	70	1	3	1	-6	-7	-14	-11	-10	-16	-9	-14	-10	-120	-75	-19	-7	145	116	49	36	40	-194	-1,422	-1,332	0	0	0	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0
Gains on sale of property
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-
Gain on casualty settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	0	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,351	0	0	0	-	-	-	-	0	0
Loss from operations of properties sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gain on sales of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,429	0	0	0	-	-	-	-	0	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
63,948	64,196	64,663	66,037	65,189	63,059	62,039	59,722	58,241	60,668	60,556	58,894	57,720	56,720	56,429	56,938	56,624	52,931	51,156	50,404	57,958	57,988	57,852	56,880	44,155	34,842	34,129	32,025	33,858	39,780	37,134	33,730	31,282	30,294	36,982	37,220	0	0	0
Noncontrolling Interest [Abstract]
Income (Loss) Attributable to Noncontrolling Interest, before Tax
12,500	12,500	13,414	13,859	13,700	12,500	12,223	11,578	11,130	12,400	12,353	11,935	11,644	11,400	11,365	11,498	11,415	10,463	9,442	9,199	11,095	11,045	11,509	11,245	7,980	3,970	3,670	3,016	3,364	6,406	5,721	4,761	3,994	3,561	4,940	5,009	0	0	0
Net income attributable to Saul Centers, Inc.
51,540	51,723	51,173	52,102	51,413	50,554	49,846	48,174	47,141	48,257	48,162	46,918	46,035	45,279	45,064	45,440	45,209	42,468	41,714	41,205	46,863	46,943	46,343	45,635	36,175	30,872	30,459	29,009	30,494	33,374	31,413	28,969	27,288	26,733	32,042	32,211	0	0	0
Preferred Stock Dividends, Income Statement Impact
12,080	12,235	12,069	11,812	11,812	12,262	12,403	12,543	12,684	12,375	12,375	12,375	12,375	12,375	12,375	12,375	12,375	12,375	13,023	13,136	13,249	13,361	12,825	12,825	12,825	13,983	14,562	15,141	15,719	15,140	15,140	15,140	15,140	15,140	15,140	15,140	0	0	0
Preferred Stock Redemption Premium
-	-	0	0	-	2,328	2,328	2,328	2,328	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Net income available to common stockholders
36,225	36,253	39,104	40,290	39,601	35,964	35,115	33,303	32,129	35,882	35,787	34,543	33,660	32,904	32,689	33,065	32,834	30,093	27,211	26,589	32,134	32,102	33,518	32,810	23,350	11,661	10,669	8,640	9,547	18,234	16,273	13,829	12,148	11,593	16,902	17,071	0	0	0
Basic:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Basic (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10
Diluted:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10
Basic and diluted:
Continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.22	0.21	-	-	-	-	0.30	-
Discontinued operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-	-	-	-	0.19	-
Basic and diluted (in usd per share)
0.45	-	0.39	0.45	0.46	-	0.45	0.43	0.31	-	0.38	0.38	0.49	-	0.33	0.35	0.46	-	0.36	0.35	0.34	-	0.33	0.62	0.34	-	0.30	0.17	-0.23	-	0.21	0.22	0.21	0.19	0.09	0.14	0.19	0.49	-
Dividends declared per common share outstanding (in usd per share)
-	-	0.53	0.53	-	-	0.52	0.52	0.52	-	0.51	0.51	0.51	-	0.47	0.47	0.47	-	0.43	0.43	0.43	-	0.40	0.40	0.40	-	0.36	0.36	0.36	-	0.36	-	-	-	0.36	0.36	0.36	0.36	0.36
Property expenses
Provision for credit losses
-	-	-	-	-	-	-	-	-	-	-	1,228	1,405	1,494	841	1,071	1,101	915	1,481	1,030	723	680	708	729	907	968	1,130	1,107	1,063	1,151	1,013	1,440	1,717	1,880	1,973	1,535	0	0	0
Operating income
-	-	-	-	-	-	-	-	-	-	-	-	163,865	163,318	159,335	157,962	157,291	156,147	156,278	155,256	154,330	155,163	154,148	153,829	157,064	162,628	164,972	166,456	163,130	154,996	154,937	149,878	146,692	142,442	131,362	126,481	0	0	0