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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, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Rental income, net $ 56,647,000olp_RentalIncomeNet $ 49,285,000olp_RentalIncomeNet $ 42,846,000olp_RentalIncomeNet
Tenant reimbursements 2,561,000us-gaap_TenantReimbursements 1,694,000us-gaap_TenantReimbursements 947,000us-gaap_TenantReimbursements
Lease termination fee 1,269,000olp_LeaseTerminationFeeNet    
Total revenues 60,477,000us-gaap_RealEstateRevenueNet 50,979,000us-gaap_RealEstateRevenueNet 43,793,000us-gaap_RealEstateRevenueNet
Operating expenses:      
Depreciation and amortization 14,662,000us-gaap_DepreciationAndAmortization 11,919,000us-gaap_DepreciationAndAmortization 9,564,000us-gaap_DepreciationAndAmortization
General and administrative (including $2,385 $2,679 and $2,679 to related parties) 8,796,000us-gaap_GeneralAndAdministrativeExpense 7,801,000us-gaap_GeneralAndAdministrativeExpense 7,317,000us-gaap_GeneralAndAdministrativeExpense
Federal excise and state taxes 488,000olp_FederalExciseAndStateTaxPaidAndOrAccrued 255,000olp_FederalExciseAndStateTaxPaidAndOrAccrued 457,000olp_FederalExciseAndStateTaxPaidAndOrAccrued
Real estate expenses (including $850 $600 and $600 to related parties) 4,407,000us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 3,213,000us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 2,618,000us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Leasehold rent 308,000olp_LeaseholdRent 308,000olp_LeaseholdRent 308,000olp_LeaseholdRent
Real estate acquisition costs 479,000olp_CostsOfAcquiringRealEstate 921,000olp_CostsOfAcquiringRealEstate 823,000olp_CostsOfAcquiringRealEstate
Impairment loss 1,093,000us-gaap_AssetImpairmentCharges    
Total operating expenses 30,233,000us-gaap_OperatingExpenses 24,417,000us-gaap_OperatingExpenses 21,087,000us-gaap_OperatingExpenses
Operating income 30,244,000us-gaap_OperatingIncomeLoss 26,562,000us-gaap_OperatingIncomeLoss 22,706,000us-gaap_OperatingIncomeLoss
Other income and expenses:      
Equity in earnings of unconsolidated joint ventures 533,000us-gaap_IncomeLossFromEquityMethodInvestments 651,000us-gaap_IncomeLossFromEquityMethodInvestments 1,368,000us-gaap_IncomeLossFromEquityMethodInvestments
Gain on disposition of real estate - unconsolidated joint venture   2,807,000olp_GainLossOnDispositionOfRealEstateInUnconsolidatedJointVenture  
Gain on sale - unconsolidated joint venture interest   1,898,000us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal  
Gain on sale - investment in BRT Realty Trust (related party) 134,000olp_AvailableForSaleSecuritiesGrossRealizedGainLossNetToRelatedParty    
Other income 29,000us-gaap_OtherNonoperatingIncome 97,000us-gaap_OtherNonoperatingIncome 241,000us-gaap_OtherNonoperatingIncome
Gain on sale of real estate, net 10,180,000us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations   319,000us-gaap_GainLossOnDispositionOfRealEstateDiscontinuedOperations
Prepayment costs on debt related to sale of real estate (1,581,000)us-gaap_GainsLossesOnExtinguishmentOfDebt    
Interest:      
Expense (16,305,000)us-gaap_InterestExpense (13,716,000)us-gaap_InterestExpense (12,532,000)us-gaap_InterestExpense
Amortization of deferred financing costs (1,037,000)us-gaap_AmortizationOfFinancingCostsAndDiscounts (890,000)us-gaap_AmortizationOfFinancingCostsAndDiscounts (774,000)us-gaap_AmortizationOfFinancingCostsAndDiscounts
Income from continuing operations 22,197,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 17,409,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 11,328,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations:      
Income from operations 13,000us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 577,000us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 1,567,000us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Impairment charge   (62,000)us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf  
Net gain on sales     19,413,000us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Income from discontinued operations 13,000us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 515,000us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 20,980,000us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 22,210,000us-gaap_ProfitLoss 17,924,000us-gaap_ProfitLoss 32,308,000us-gaap_ProfitLoss
Less net (income) loss attributable to non-controlling interests (94,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (49,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 12,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to One Liberty Properties, Inc. $ 22,116,000us-gaap_NetIncomeLoss $ 17,875,000us-gaap_NetIncomeLoss $ 32,320,000us-gaap_NetIncomeLoss
Weighted average number of common shares outstanding:      
Basic (in shares) 15,563us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 14,948us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 14,427us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 15,663us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 15,048us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 14,527us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Per common share attributable to common stockholders - basic:      
Income from continuing operations (in dollars per share) $ 1.37us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.12us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.77us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income from discontinued operations (in dollars per share)   $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 1.41us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Total per common share attributable to common stockholders - basic (in dollars per share) $ 1.37us-gaap_EarningsPerShareBasic $ 1.15us-gaap_EarningsPerShareBasic $ 2.18us-gaap_EarningsPerShareBasic
Per common share attributable to common stockholders - diluted:      
Income from continuing operations (in dollars per share) $ 1.37us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.11us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.76us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income from discontinued operations (in dollars per share)   $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 1.40us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Total per common share attributable to common stockholders - diluted (in dollars per share) $ 1.37us-gaap_EarningsPerShareDiluted $ 1.14us-gaap_EarningsPerShareDiluted $ 2.16us-gaap_EarningsPerShareDiluted