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Consolidated Statements of Income - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Rental income, net $ 68,244,000 $ 64,164,000 $ 58,973,000
Tenant reimbursements 7,672,000 6,424,000 3,852,000
Lease termination fees     2,886,000
Total revenues 75,916,000 70,588,000 65,711,000
Operating expenses:      
Depreciation and amortization 20,993,000 18,164,000 16,384,000
General and administrative (see Note 12 for related party information) 11,279,000 10,693,000 9,527,000
Real estate expenses (see Note 12 for related party information) 10,736,000 8,931,000 6,047,000
Real estate acquisition costs (see Note 12 for related party information)   596,000 449,000
Federal excise and state taxes 481,000 203,000 343,000
Leasehold rent 308,000 308,000 308,000
Impairment loss 153,000    
Total operating expenses 43,950,000 38,895,000 33,058,000
Operating income 31,966,000 31,693,000 32,653,000
Other income and expenses:      
Equity in earnings of unconsolidated joint ventures (see Note 12 for related party information) 826,000 1,005,000 412,000
Purchase price fair value adjustment     960,000
Prepayment costs on debt   (577,000) (568,000)
Other income 407,000 435,000 108,000
Interest:      
Expense (17,810,000) (17,258,000) (16,027,000)
Amortization and write-off of deferred financing costs (977,000) (904,000) (1,023,000)
Income before gain on sale of real estate, net 14,412,000 14,394,000 16,515,000
Gain on sale of real estate, net 9,837,000 10,087,000 5,392,000
Net income 24,249,000 24,481,000 21,907,000
Net income attributable to non-controlling interests (102,000) (59,000) (1,390,000)
Net income attributable to One Liberty Properties, Inc. $ 24,147,000 $ 24,422,000 $ 20,517,000
Weighted average number of common shares outstanding:      
Basic (in shares) 17,944 16,768 15,971
Diluted (in shares) 18,047 16,882 16,079
Basic (in dollars per share) $ 1.29 $ 1.40 $ 1.23
Diluted (in dollars per share) $ 1.28 $ 1.39 $ 1.22