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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Rental income, net $ 44,750 $ 41,805 $ 37,630
Operating expenses:      
Depreciation and amortization 9,706 8,934 7,994
General and administrative (including $2,685, $2,685 and $2,083, respectively, to related party) 7,317 6,849 6,148
Federal excise and state taxes 457 168 193
Real estate acquisition costs 823 213 1,010
Real estate expenses (including $600 in each year to related party) 2,622 2,331 1,875
Leasehold rent 308 308 308
Total operating expenses 21,233 18,803 17,528
Operating income 23,517 23,002 20,102
Other income and expenses:      
Equity in earnings of unconsolidated joint ventures 1,368 914 992
Gain on disposition of real estate - unconsolidated joint venture     107
Gain on settlement of debt   1,240  
Other income (loss) 241 (35) 308
Interest:      
Expense (12,813) (12,732) (13,492)
Amortization of deferred financing costs (776) (817) (579)
Gain on sale of real estate 319    
Income from continuing operations 11,856 11,572 7,438
Discontinued operations:      
Income from operations 1,039 1,216 1,633
Net gain on sales 19,413 932 235
Income from discontinued operations 20,452 2,148 1,868
Net income 32,308 13,720 9,306
Plus net loss attributable to non-controlling interests 12 4  
Net income attributable to One Liberty Properties, Inc. $ 32,320 $ 13,724 $ 9,306
Weighted average number of common shares outstanding:      
Basic (in shares) 14,427 13,801 11,465
Diluted (in shares) 14,527 13,851 11,510
Per common share attributable to common stockholders - basic:      
Income from continuing operations (in dollars per share) $ 0.80 $ 0.81 $ 0.65
Income from discontinued operations (in dollars per share) $ 1.38 $ 0.15 $ 0.16
Total per common share attributable to common stockholders - basic (in dollars per share) $ 2.18 $ 0.96 $ 0.81
Per common share attributable to common stockholders - diluted:      
Income from continuing operations (in dollars per share) $ 0.79 $ 0.80 $ 0.65
Income from discontinued operations (in dollars per share) $ 1.37 $ 0.16 $ 0.16
Total per common share attributable to common stockholders - diluted (in dollars per share) $ 2.16 $ 0.96 $ 0.81