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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 19,752,000 $ 18,413,000 $ 39,286,000 $ 36,885,000
Operating expenses:        
Depreciation and amortization 5,250,000 5,190,000 10,432,000 10,743,000
General and administrative (see Note 10 for related party information) 2,969,000 2,893,000 5,928,000 5,708,000
Real estate expenses (see Note 10 for related party information) 2,515,000 2,371,000 5,182,000 5,075,000
Federal excise and state taxes 154,000 224,000 227,000 312,000
Leasehold rent 77,000 77,000 154,000 154,000
Total operating expenses 10,965,000 10,755,000 21,923,000 21,992,000
Operating income 8,787,000 7,658,000 17,363,000 14,893,000
Other income and expenses:        
Equity in earnings of unconsolidated joint ventures 348,000 206,000 543,000 451,000
Equity in earnings from sale of unconsolidated joint venture property 71,000   71,000  
Other income 6,000 320,000 10,000 342,000
Interest:        
Expense (4,445,000) (4,532,000) (8,747,000) (8,921,000)
Amortization and write-off of deferred financing costs (221,000) (227,000) (449,000) (454,000)
Income before gain on sale of real estate, net 4,546,000 3,425,000 8,791,000 6,311,000
Gain on sale of real estate, net   6,568,000 2,408,000 6,568,000
Net income 4,546,000 9,993,000 11,199,000 12,879,000
Net income attributable to non-controlling interests (29,000) (21,000) (831,000) (42,000)
Net income attributable to One Liberty Properties, Inc. $ 4,517,000 $ 9,972,000 $ 10,368,000 $ 12,837,000
Weighted average number of common shares outstanding:        
Basic (in shares) 18,519 17,824 18,458 17,788
Diluted (in shares) 18,593 17,938 18,532 17,902
Basic (in dollars per share) $ 0.23 $ 0.54 $ 0.53 $ 0.69
Diluted (in dollars per share) 0.23 0.54 0.53 0.69
Cash distributions declared per share of common stock $ 0.45 $ 0.43 $ 0.90 $ 0.86
Rental income, net        
Revenues:        
Revenue $ 17,718,000 $ 16,720,000 $ 35,308,000 $ 33,553,000
Tenant reimbursement        
Revenues:        
Revenue $ 2,034,000 $ 1,693,000 $ 3,978,000 $ 3,332,000