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Earnings Per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2014
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 (amounts in thousands, except per share amounts):
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 4,662 |  | $ | 7,607 |  | $ | 7,949 |  | $ | 10,920 |
Less: net income attributable to non-controlling interests |  | (22 | ) | (16 | ) | (49 | ) | (15 | )
Less: earnings allocated to unvested shares |  | (178 | ) | — |  | (356 | ) | — |
Income from continuing operations available for common stockholders |  | 4,462 |  | 7,591 |  | 7,544 |  | 10,905 |
Discontinued operations |  | — |  | 145 |  | 13 |  | 281 |
Net income available for common stockholders, basic and diluted |  | $ | 4,462 |  | $ | 7,736 |  | $ | 7,557 |  | $ | 11,186 |
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |
- weighted average common shares |  | 15,518 |  | 14,844 |  | 15,436 |  | 14,759 |
- weighted average unvested restricted stock shares |  | — |  | 470 |  | — |  | 477 |
|  | 15,518 |  | 15,314 |  | 15,436 |  | 15,236 |
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 |  | 15,618 |  | 15,414 |  | 15,536 |  | 15,336 |
Earnings per common share, basic |  | $ | .29 |  | $ | .51 |  | $ | .49 |  | $ | .73 |
Earnings per common share, diluted |  | $ | .29 |  | $ | .50 |  | $ | .49 |  | $ | .73 |
Net Income attributable to One Liberty Properties, Inc. common stockholders, net of non-controlling interests: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 4,640 |  | $ | 7,591 |  | $ | 7,900 |  | $ | 10,905 |
Income from discontinued operations |  | — |  | 145 |  | 13 |  | 281 |
Net income attributable to One Liberty Properties, Inc. |  | $ | 4,640 |  | $ | 7,736 |  | $ | 7,913 |  | $ | 11,186 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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