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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Rental income, net $ 64,164,000 $ 58,973,000 $ 56,647,000
Tenant reimbursements 6,424,000 3,852,000 2,561,000
Lease termination fees   2,886,000 1,269,000
Total revenues 70,588,000 65,711,000 60,477,000
Operating expenses:      
Depreciation and amortization 18,164,000 16,384,000 14,662,000
General and administrative (see Note 11 for related party information) 10,693,000 9,527,000 8,796,000
Real estate expenses (see Note 11 for related party information) 8,931,000 6,047,000 4,407,000
Real estate acquisition costs (see Note 11 for related party information) 596,000 449,000 479,000
Federal excise and state taxes 203,000 343,000 488,000
Leasehold rent 308,000 308,000 308,000
Impairment loss 0 0 1,093,000
Total operating expenses 38,895,000 33,058,000 30,233,000
Operating income 31,693,000 32,653,000 30,244,000
Other income and expenses:      
Gain on sale of real estate, net 10,087,000 5,392,000 10,180,000
Purchase price fair value adjustment   960,000  
Prepayment costs on debt (577,000) (568,000) (1,581,000)
Equity in earnings of unconsolidated joint ventures (see Note 11 for related party information) 1,005,000 412,000 533,000
Gain on sale - investment in BRT Realty Trust (related party)     134,000
Other income 435,000 108,000 29,000
Interest:      
Expense (17,258,000) (16,027,000) (16,305,000)
Amortization and write-off of deferred financing costs (904,000) (1,023,000) (1,037,000)
Income from continuing operations 24,481,000 21,907,000 22,197,000
Income from discontinued operations     13,000
Net income 24,481,000 21,907,000 22,210,000
Net income attributable to non-controlling interests (59,000) (1,390,000) (94,000)
Net income attributable to One Liberty Properties, Inc. $ 24,422,000 $ 20,517,000 $ 22,116,000
Weighted average number of common shares outstanding:      
Basic (in shares) 16,768 15,971 15,563
Diluted (in shares) 16,882 16,079 15,663
Per common share attributable to common stockholders - basic: $ 1.40 $ 1.23 $ 1.37
Per common share attributable to common stockholders - diluted: $ 1.39 $ 1.22 $ 1.37