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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental income, net $ 16,833,000 $ 15,056,000
Tenant reimbursements 1,639,000 1,288,000
Total revenues 18,472,000 16,344,000
Operating expenses:    
Depreciation and amortization 5,553,000 4,185,000
General and administrative (see Note 9 for related party information) 2,815,000 2,609,000
Real estate expenses (see Note 9 for related party information) 2,704,000 2,175,000
Real estate acquisition costs   204,000
Federal excise and state taxes 88,000 76,000
Leasehold rent 77,000 77,000
Total operating expenses 11,237,000 9,326,000
Operating income 7,235,000 7,018,000
Other income and expenses:    
Equity in earnings of unconsolidated joint ventures 245,000 209,000
Prepayment costs on debt   (423,000)
Other income 22,000 13,000
Interest:    
Expense (4,389,000) (4,075,000)
Amortization and write-off of deferred financing costs (227,000) (244,000)
Income before gain on sale of real estate, net 2,886,000 2,498,000
Gain on sale of real estate, net   787,000
Net income 2,886,000 3,285,000
Net (income) loss attributable to non-controlling interests (21,000) 2,000
Net income attributable to One Liberty Properties, Inc. $ 2,865,000 $ 3,287,000
Weighted average number of common shares outstanding:    
Basic (in shares) 17,751 16,388
Diluted (in shares) 17,865 16,495
Per common share attributable to common stockholders - basic: $ 0.15 $ 0.19
Per common share attributable to common stockholders - diluted: 0.15 0.18
Cash distributions declared per share of common stock $ 0.43 $ 0.41