XML 35 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Common Share  
Schedule of reconciliation of numerator and denominator of earnings per share calculations

The following table provides a reconciliation of the numerator and denominator of earnings per share calculations (dollars in thousands, except per share amounts):

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Numerator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

7,752

 

$

3,266

 

$

11,201

 

$

6,227

 

Less net income attributable to noncontrolling interests

 

(16

)

(4

)

(15

)

(7

)

Less earnings allocated to unvested shares

 

 

 

 

(270

)

Income from continuing operations available for common stockholders

 

7,736

 

3,262

 

11,186

 

5,950

 

Discontinued operations

 

 

2,488

 

 

2,752

 

Net income available for common stockholders, basic and diluted

 

$

7,736

 

$

5,750

 

$

11,186

 

$

8,702

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share:

 

 

 

 

 

 

 

 

 

- weighted average common shares

 

14,844

 

14,378

 

14,759

 

14,333

 

- weighted average unvested restricted stock shares

 

470

 

409

 

477

 

 

 

 

15,314

 

14,787

 

15,236

 

14,333

 

Effect of diluted securities:

 

 

 

 

 

 

 

 

 

- restricted stock units awarded under Pay-for-Performance program

 

100

 

100

 

100

 

100

 

Denominator for diluted earnings per share

 

 

 

 

 

 

 

 

 

- weighted average shares

 

15,414

 

14,887

 

15,336

 

14,433

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share, basic

 

$

.51

 

$

.39

 

$

.73

 

$

.61

 

Earnings per common share, diluted

 

$

.50

 

$

.39

 

$

.73

 

$

.60

 

 

 

 

 

 

 

 

 

 

 

Amounts attributable to One Liberty Properties, Inc. common stockholders, net of noncontrolling interests:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

7,736

 

$

3,262

 

$

11,186

 

$

6,220

 

Income from discontinued operations

 

 

2,488

 

 

2,752

 

Net income attributable to One Liberty Properties, Inc.

 

$

7,736

 

$

5,750

 

$

11,186

 

$

8,972