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CONSOLIDATED STATEMENTS OF INCOME (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental income, net $ 50,979,000 $ 43,793,000 $ 40,874,000
Operating expenses:      
Depreciation and amortization 11,919,000 9,564,000 8,792,000
General and administrative (including $2,681, $2,681 and $2,687 to related parties) 7,801,000 7,317,000 6,849,000
Federal excise and state taxes 255,000 457,000 168,000
Real estate expenses (including $600 in each year to related party) 3,213,000 2,618,000 2,331,000
Leasehold rent 308,000 308,000 308,000
Real estate acquisition costs 921,000 823,000 213,000
Total operating expenses 24,417,000 21,087,000 18,661,000
Operating income 26,562,000 22,706,000 22,213,000
Other income and expenses:      
Equity in earnings of unconsolidated joint ventures 651,000 1,368,000 914,000
Gain on disposition of real estate - unconsolidated joint venture 2,807,000    
Gain on sale - unconsolidated joint venture interest 1,898,000    
Gain on settlement of debt     1,240,000
Other income (loss) 97,000 241,000 (35,000)
Interest:      
Expense (13,716,000) (12,532,000) (12,429,000)
Amortization of deferred financing costs (890,000) (774,000) (815,000)
Gain on sale of real estate   319,000  
Income from continuing operations 17,409,000 11,328,000 11,088,000
Discontinued operations:      
Income from operations 577,000 1,567,000 1,700,000
Impairment charge (62,000)    
Net gain on sales   19,413,000 932,000
Income from discontinued operations 515,000 20,980,000 2,632,000
Net income 17,924,000 32,308,000 13,720,000
Less net (income) loss attributable to non-controlling interests (49,000) 12,000 4,000
Net income attributable to One Liberty Properties, Inc. $ 17,875,000 $ 32,320,000 $ 13,724,000
Weighted average number of common shares outstanding:      
Basic (in shares) 14,948 14,427 13,801
Diluted (in shares) 15,048 14,527 13,851
Per common share attributable to common stockholders - basic:      
Income from continuing operations (in dollars per share) $ 1.12 $ 0.77 $ 0.77
Income from discontinued operations (in dollars per share) $ 0.03 $ 1.41 $ 0.19
Total per common share attributable to common stockholders - basic (in dollars per share) $ 1.15 $ 2.18 $ 0.96
Per common share attributable to common stockholders - diluted:      
Income from continuing operations (in dollars per share) $ 1.11 $ 0.76 $ 0.77
Income from discontinued operations (in dollars per share) $ 0.03 $ 1.40 $ 0.19
Total per common share attributable to common stockholders - diluted (in dollars per share) $ 1.14 $ 2.16 $ 0.96