XML 16 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Earnings Per Common Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2012
Earnings Per Common Share |
Schedule of reconciliation of numerator and denominator of earnings per share calculations |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2012 |  | 2011 |  | 2012 |  | 2011 |
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 3,496 |  | $ | 4,084 |  | $ | 6,689 |  | $ | 6,614 |
Less net income attributable to noncontrolling interests |  | (4 | ) | — |  | (7 | ) | — |
Less earnings allocated to unvested shares |  | — |  | — |  | (270 | ) | (230 | )
Income from continuing operations available for common stockholders |  | 3,492 |  | 4,084 |  | 6,412 |  | 6,384 |
Discontinued operations |  | 2,258 |  | 1,058 |  | 2,290 |  | 1,260 |
Net income available for common stockholders, basic and diluted |  | $ | 5,750 |  | $ | 5,142 |  | $ | 8,702 |  | $ | 7,644 |
Denominator for basic earnings per share |  |  |  |  |  |  |  |  |
- weighted average common shares |  | 14,378 |  | 14,078 |  | 14,333 |  | 13,419 |
- weighted average unvested restricted stock shares (a) |  | 409 |  | 348 |  | — |  | — |
|  | 14,787 |  | 14,426 |  | 14,333 |  | 13,419 |
Effect of diluted securities |  |  |  |  |  |  |  |  |
- restricted stock units awarded under Pay-for-Performance program |  | 100 |  | 100 |  | 100 |  | 50 |
Denominator for diluted earnings per share |  |  |  |  |  |  |  |  |
- weighted average shares |  | 14,887 |  | 14,526 |  | 14,433 |  | 13,469 |
Earnings per common share, basic |  | $ | .39 |  | $ | .36 |  | $ | .61 |  | $ | .57 |
Earnings per common share, diluted |  | $ | .39 |  | $ | .35 |  | $ | .60 |  | $ | .57 |
Amounts attributable to One Liberty Properties, Inc. common stockholders, net of noncontrolling interests: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 3,492 |  | $ | 4,084 |  | $ | 6,682 |  | $ | 6,614 |
Income from discontinued operations |  | 2,258 |  | 1,058 |  | 2,290 |  | 1,260 |
Net income |  | $ | 5,750 |  | $ | 5,142 |  | $ | 8,972 |  | $ | 7,874 |
(a) The three months ended June 30, 2012 and 2011 include unvested restricted stock since the earnings are in excess of the distributions for such periods.

X
- Definition Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing and discontinued operations, including the effect that has been given to preferred dividends. + References No definition available. + Details
Name: | olp_ScheduleOfCalculationOfNumeratorAndDenominatorInEarningsPerShareIncludingDiscontinuedOperationsTableTextBlock
Namespace Prefix: | olp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration