SAUL CENTERS, INC. (BFS)
SAUL CENTERS, INC. (BFS)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 595,514 | 595,514 | 556,499 | 556,499 |
| Buildings and equipment | 2,165,566 | 2,162,135 | 1,930,091 | 1,924,757 |
| Construction in progress | 113,892 | 109,950 | 371,521 | 356,511 |
| Total | 2,874,972 | 2,867,599 | 2,858,111 | 2,837,767 |
| Accumulated depreciation | 826,852 | 812,035 | 802,512 | 789,860 |
| Total real estate investments, net | 2,048,120 | 2,055,564 | 2,055,599 | 2,047,907 |
| Cash and cash equivalents | 9,326 | 8,741 | 11,788 | 5,303 |
| Accounts receivable and accrued income, net | 61,252 | 60,799 | 58,966 | 52,621 |
| Deferred leasing costs, net | 25,835 | 25,847 | 26,191 | 26,579 |
| Other assets | 12,319 | 11,727 | 15,037 | 7,274 |
| Total assets | 2,156,852 | 2,162,678 | 2,167,581 | 2,139,684 |
| Mortgage notes payable, net | 1,062,935 | 1,063,530 | 1,022,235 | 1,030,839 |
| Revolving credit facility payable, net | 137,979 | 144,678 | 185,376 | 200,876 |
| Term loan facility payable, net | 138,980 | 138,870 | 138,761 | 99,754 |
| Construction loans payable, net | 257,659 | 254,724 | 241,687 | 233,210 |
| Accounts payable, accrued expenses and other liabilities | 41,219 | 36,617 | 46,734 | 45,156 |
| Deferred income | 20,195 | 22,840 | 23,674 | 17,887 |
| Dividends and distributions payable | 24,411 | 24,162 | 23,909 | 23,688 |
| Total liabilities | 1,683,378 | 1,685,421 | 1,682,376 | 1,651,410 |
| Preferred stock, 1,000,000 shares authorized-Series DCumulative Redeemable Preferred Stock | 75,000 | 75,000 | 75,000 | 75,000 |
| Preferred stock, 1,000,000 shares authorized-Series ECumulative Redeemable Preferred Stock | 110,000 | 110,000 | 110,000 | 110,000 |
| Common stock, 0.01 par value, 50,000,000 shares authorized, 24,595,080 and 24,551,168 shares issued and outstanding, respectively | 246 | 245 | 245 | 245 |
| Additional paid-in capital | 461,101 | 459,222 | 457,283 | 456,120 |
| Distributions in excess of accumulated earnings | -345,859 | -337,708 | -326,978 | -320,255 |
| Accumulated other comprehensive income | 1,375 | 1,061 | 1,076 | 1,268 |
| Total saul centers, inc. equity | 301,863 | 307,820 | 316,626 | 322,378 |
| Noncontrolling interests | 171,611 | 169,437 | 168,579 | 165,896 |
| Total equity | 473,474 | 477,257 | 485,205 | 488,274 |
| Total liabilities and equity | 2,156,852 | 2,162,678 | 2,167,581 | 2,139,684 |