XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Real estate investments, at cost    
Land $ 207,979,000 $ 209,320,000
Buildings and improvements 578,250,000 566,007,000
Total real estate investments, at cost 786,229,000 775,327,000
Less accumulated depreciation 112,312,000 108,953,000
Real estate investments, net 673,917,000 666,374,000
Investment in unconsolidated joint ventures 10,921,000 10,723,000
Cash and cash equivalents 13,445,000 13,766,000
Restricted cash 429,000 443,000
Unbilled rent receivable 14,367,000 14,125,000
Unamortized intangible lease assets, net 29,147,000 30,525,000
Escrow, deposits and other assets and receivables 8,132,000 6,630,000
Total assets [1] 750,358,000 742,586,000
Liabilities:    
Mortgages payable, net of $3,803 and $3,789 of deferred financing costs, respectively 389,282,000 393,157,000
Line of credit, net of $546 and $624 of deferred financing costs, respectively 20,354,000 8,776,000
Dividends payable 8,581,000 8,493,000
Accrued expenses and other liabilities 14,835,000 16,107,000
Unamortized intangible lease liabilities, net 17,057,000 17,551,000
Total liabilities [1] 450,109,000 444,084,000
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; 18,417 and 18,261 shares issued and outstanding 18,417,000 18,261,000
Paid-in capital 276,938,000 275,087,000
Accumulated other comprehensive income 2,899,000 155,000
Accumulated undistributed net income 527,000 3,257,000
Total One Liberty Properties, Inc. stockholders' equity 298,781,000 296,760,000
Non-controlling interests in consolidated joint ventures [1] 1,468,000 1,742,000
Total equity 300,249,000 298,502,000
Total liabilities and equity $ 750,358,000 $ 742,586,000
[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: $14,722 and $17,844 of land, $28,369 and $31,789 of building and improvements, net of $3,363 and $3,811 of accumulated depreciation, $4,003 and $4,345 of other assets included in other line items, $27,640 and $32,252 of real estate debt, net, $2,745 and $2,885 of other liabilities included in other line items and $1,468 and $1,742 of non-controlling interests as of March 31, 2018 and December 31, 2017, respectively