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Earnings Per Common Share (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 2,647 |  | $ | 3,084 |  | $ | 10,596 |  | $ | 14,004 |
Less: net income attributable to non-controlling interests |  | (27 | ) | (17 | ) | (76 | ) | (32 | )
Less: earnings allocated to unvested shares |  | (178 | ) | (165 | ) | (534 | ) | (494 | )
Income from continuing operations available for common stockholders |  | 2,442 |  | 2,902 |  | 9,986 |  | 13,478 |
Discontinued operations |  | — |  | 144 |  | 13 |  | 425 |
Net income available for common stockholders, basic and diluted |  | $ | 2,442 |  | $ | 3,046 |  | $ | 9,999 |  | $ | 13,903 |
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |
- weighted average common shares |  | 15,650 |  | 15,093 |  | 15,508 |  | 14,871 |
- weighted average unvested restricted stock shares |  | — |  | — |  | — |  | — |
|  | 15,650 |  | 15,093 |  | 15,508 |  | 14,871 |
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 |  | 15,750 |  | 15,193 |  | 15,608 |  | 14,971 |
Earnings per common share, basic |  | $ | .16 |  | $ | .20 |  | $ | .64 |  | $ | .93 |
Earnings per common share, diluted |  | $ | .16 |  | $ | .20 |  | $ | .64 |  | $ | .93 |
Net income attributable to One Liberty Properties, Inc. common stockholders, net of non-controlling interests: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 2,620 |  | $ | 3,067 |  | $ | 10,520 |  | $ | 13,972 |
Income from discontinued operations |  | — |  | 144 |  | 13 |  | 425 |
Net income attributable to One Liberty Properties, Inc. |  | $ | 2,620 |  | $ | 3,211 |  | $ | 10,533 |  | $ | 14,397 |

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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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