XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Real estate investments, at cost    
Land $ 210,211 $ 211,432
Buildings and improvements 554,772 536,633
Total real estate investments, at cost 764,983 748,065
Less accumulated depreciation 105,150 96,852
Real estate investments, net 659,833 651,213
Investment in unconsolidated joint ventures 10,648 10,833
Cash and cash equivalents 14,926 17,420
Restricted cash 530 643
Unbilled rent receivable 13,839 13,797
Unamortized intangible lease assets, net 31,774 32,645
Escrow, deposits and other assets and receivables 6,032 6,894
Total assets [1] 737,582 733,445
Liabilities:    
Mortgages payable, net of $3,960 and $4,294 of deferred financing costs, respectively 397,093 394,898
Line of credit, net of $702 and $936 of deferred financing costs, respectively 5,698 9,064
Dividends payable 8,053 7,806
Accrued expenses and other liabilities 11,890 10,470
Unamortized intangible lease liabilities, net 17,990 19,280
Total liabilities [1] 440,724 441,518
Commitments and contingencies
One Liberty Properties, Inc. stockholders' equity:    
Preferred stock, $1 par value; 12,500 shares authorized; none issued
Common stock, $1 par value; 25,000 shares authorized; 18,114 and 17,600 shares issued and outstanding 18,114 17,600
Paid-in capital 270,762 262,511
Accumulated other comprehensive loss (1,275) (1,479)
Accumulated undistributed net income 7,544 11,501
Total One Liberty Properties, Inc. stockholders' equity 295,145 290,133
Non-controlling interests in consolidated joint ventures 1,713 1,794
Total equity 296,858 291,927
Total liabilities and equity $ 737,582 $ 733,445
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 6. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $17.8 million and $17.8 million of land, $32.1 million and $32.5 million of building and improvements, net of $3.5 million and $2.7 million of accumulated depreciation, $4.1 million and $5.5 million of other assets included in other line items, $32.5 million and $33.1 million of real estate debt, net, $3.1 million and $3.1 million of other liabilities included in other line items as of September 30, 2017 and December 31, 2016, respectively