XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Earnings Per Common Share    
Number of shares awarded under Pay-for-Performance program included in diluted weighted average number of shares 114,000 107,000
Underlying number of shares awarded under Pay-for-Performance program included in calculation of diluted weighted average number of shares 200,000 200,000
Number of shares awarded under Pay-for-Performance program included in diluted weighted average number of shares pursuant to return metric 100,000 100,000
Number of shares awarded under Pay-for-Performance program included in diluted weighted average number of shares pursuant to return on capital metric 14,000 7,000
Numerator for basic and diluted earnings per share:    
Net income $ 2,886 $ 3,285
Net (income) loss attributable to non-controlling interests (21) 2
Less earnings allocated to unvested restricted stock [1] (269) (248)
Net income available for common stockholders, basic 2,596 3,039
Net income available for common stockholders, diluted $ 2,596 $ 3,039
Denominator for basic earnings per share:    
Weighted average common shares 17,751,000 16,388,000
Effect of diluted securities:    
Restricted stock units awarded under Pay-for-Performance program (in shares) 114,000 107,000
Denominator for diluted earnings per share: weighted average shares 17,865,000 16,495,000
Earnings per common share, basic $ 0.15 $ 0.19
Earnings per common share, diluted $ 0.15 $ 0.18
Net income attributable to One Liberty Properties, Inc. $ 2,865 $ 3,287
[1] Represents an allocation of distributed earnings to unvested restricted stock which, as participating securities, are entitled to receive dividends