| 15. | INTERIM RESULTS (Unaudited) |
The following summary presents the results of operations of the Company for the quarterly periods of calendar years 2012 and 2011.
| (In thousands, except per share amounts) | 2012 | |||||||||||||||
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |||||||||||||
|
Revenue |
$ | 46,989 | $ | 47,373 | $ | 47,443 | $ | 48,287 | ||||||||
|
Operating income before loss on early extinguishment of debt, gain on casualty settlement, acquisition costs, discontinued operations and noncontrolling interest |
9,318 | 9,598 | 8,160 | 9,149 | ||||||||||||
|
Gain on sales of properties |
— | — | — | 4,510 | ||||||||||||
|
Net income attributable to Saul Centers, Inc. |
7,864 | 8,079 | 7,948 | 9,483 | ||||||||||||
|
Net income available to common shareholders. |
4,079 | 4,294 | 4,163 | 5,698 | ||||||||||||
|
Net income available to common shareholders per share (diluted) |
0.21 | 0.22 | 0.21 | 0.29 | ||||||||||||
| 2011 | ||||||||||||||||
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |||||||||||||
|
Revenue |
$ | 41,608 | $ | 42,666 | $ | 42,756 | $ | 46,848 | ||||||||
|
Operating income before loss on early extinguishment of debt, gain on casualty settlement, acquisition costs, discontinued operations and noncontrolling interest |
8,340 | 8,247 | 8,636 | 8,747 | ||||||||||||
|
Net income attributable to Saul Centers, Inc. |
7,309 | 6,398 | 5,504 | 7,522 | ||||||||||||
|
Net income available to common shareholders. |
3,524 | 2,613 | 1,719 | 3,737 | ||||||||||||
|
Net income available to common shareholders per share (diluted) |
0.19 | 0.14 | 0.09 | 0.19 | ||||||||||||