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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2014
SIGNIFICANT ACCOUNTING POLICIES |
Schedule of sales proceeds and gross realized gains and losses on securities classified as available-for-sale | During 2014, 2013 and 2012, sales proceeds and gross realized gains and losses on securities classified as available-for-sale were (amounts in thousands):
|  | 2014 |  | 2013 |  | 2012 |
Sales proceeds |  | $ | 266 |  | $ | 19 |  | $ | 373 |
Gross realized gains |  |  | 134 | (a) |  | 6 | (b) |  | 9 | (b)
(a) | Reported as Gain on sale—investment in BRT Realty Trust on the consolidated statement of income.
(b) | Resulting from the sale of other available-for-sale securities and is included in Other income on the consolidated statement of income.
Schedules of states where the Company's properties contributed over 10% to rental income | The following chart lists the states where the Company's properties contributed over 10% to the Company's total revenues, excluding the lease termination fee in 2014 (amounts in thousands):
|  | Year Ended December 31, |
|  | 2014 |  | 2013 |  | 2012 |
Texas |  |  | 13.3 | % |  | 13.0 | % |  | 10.8 | %
New York |  |  | 9.5 |  |  | 11.0 |  |  | 12.8 |
New Jersey |  |  | 9.5 |  |  | 10.7 |  |  | 8.3 |
Pennsylvania |  |  | 7.8 |  |  | 8.8 |  |  | 10.1 |
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):
|  | Year Ended December 31, |
|  | 2014 |  | 2013 |  | 2012 |
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 22,197 |  | $ | 17,409 |  | $ | 11,328 |
Less net (income) loss attributable to non-controlling interests |  |  | (94 | ) |  | (49 | ) |  | 12 |
Less earnings allocated to unvested shares(a) |  |  | (722 | ) |  | (667 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations available for common stockholders |  |  | 21,381 |  |  | 16,693 |  |  | 11,340 |
Discontinued operations |  |  | 13 |  |  | 515 |  |  | 20,980 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income available for common stockholders, basic and diluted |  | $ | 21,394 |  | $ | 17,208 |  | $ | 32,320 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |  |
—weighted average common shares |  |  | 15,563 |  |  | 14,948 |  |  | 14,427 |
—weighted average unvested shares of restricted stock(b) |  |  | — |  |  | — |  |  | 411 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | 15,563 |  |  | 14,948 |  |  | 14,838 |
Effect of diluted securities: |  |  |  |  |  |  |  |  |  |
—restricted stock units awarded under Pay-for-Performance program |  |  | 100 |  |  | 100 |  |  | 100 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for diluted earnings per share |  |  |  |  |  |  |  |  |  |
—weighted average shares |  |  | 15,663 |  |  | 15,048 |  |  | 14,938 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share, basic |  | $ | 1.37 |  | $ | 1.15 |  | $ | 2.18 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share, diluted |  | $ | 1.37 |  | $ | 1.14 |  | $ | 2.16 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amounts attributable to One Liberty Properties, Inc. common stockholders, net of non-controlling interests: |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 22,103 |  | $ | 17,360 |  | $ | 11,340 |
Income from discontinued operations |  |  | 13 |  |  | 515 |  |  | 20,980 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to One Liberty Properties, Inc. |  | $ | 22,116 |  | $ | 17,875 |  | $ | 32,320 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(a) | Represents an allocation to unvested restricted stock (which as participating securities are entitled to receive dividends) of the excess of dividends declared over net income.
(b) | The year ended December 31, 2012 includes unvested restricted stock because net income is greater than dividends declared.

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