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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Rental income, net $ 12,102 $ 10,758
Operating expenses:    
Depreciation and amortization 2,670 2,343
General and administrative (including $572 in both periods to related party) 1,960 1,841
State tax expense 42 49
Real estate acquisition costs 151 43
Real estate expenses (including $150 in both periods to related party) 773 622
Leasehold rent 77 77
Total operating expenses 5,673 4,975
Operating income 6,429 5,783
Other income and expenses:    
Equity in earnings of unconsolidated joint ventures 334 214
Other income 69 14
Interest:    
Expense (3,170) (3,184)
Amortization of deferred financing costs (213) (184)
Gain on sale of real estate   319
Income from continuing operations 3,449 2,962
Income from discontinued operations   264
Net income 3,449 3,226
Plus net loss (income) attributable to non-controlling interests 1 (3)
Net income attributable to One Liberty Properties, Inc. $ 3,450 $ 3,223
Weighted average number of common shares outstanding:    
Basic (in shares) 14,672 14,289
Diluted (in shares) 14,772 14,389
Per common share attributable to common stockholders - basic:    
Income from continuing operations (in dollars per share) $ 0.22 $ 0.20
Income from discontinued operations (in dollars per share)   $ 0.02
Total per common share attributable to common stockholders - basic (in dollars per share) $ 0.22 $ 0.22
Per common share attributable to common stockholders - diluted:    
Income from continuing operations (in dollars per share) $ 0.22 $ 0.20
Income from discontinued operations (in dollars per share)   $ 0.01
Total per common share attributable to common stockholders - diluted (in dollars per share) $ 0.22 $ 0.21
Cash distributions declared per share of common stock (in dollars per share) $ 0.35 $ 0.33