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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 19,570,000 $ 19,137,000 $ 58,856,000 $ 56,022,000
Operating expenses:        
Depreciation and amortization 5,672,000 5,115,000 16,104,000 15,858,000
General and administrative (see Note 11 for related party information) 3,071,000 2,701,000 8,999,000 8,409,000
Real estate expenses (see Note 11 for related party information) 2,592,000 2,689,000 7,774,000 7,765,000
Federal excise and state taxes 59,000 90,000 286,000 401,000
Leasehold rent 77,000 77,000 231,000 231,000
Impairment loss   153,000   153,000
Total operating expenses 11,471,000 10,825,000 33,394,000 32,817,000
Other operating income        
Gain on sale of real estate, net 4,585,000 3,269,000 6,993,000 9,837,000
Operating income 12,684,000 11,581,000 32,455,000 33,042,000
Other income and expenses:        
Equity in earnings of unconsolidated joint ventures 173,000 212,000 716,000 663,000
Equity in earnings from sale of unconsolidated joint venture properties 1,986,000   2,057,000  
Other income 7,000 57,000 17,000 399,000
Interest:        
Expense (4,448,000) (4,459,000) (13,195,000) (13,380,000)
Amortization and write-off of deferred financing costs (220,000) (263,000) (669,000) (717,000)
Net income 10,182,000 7,128,000 21,381,000 20,007,000
Net income attributable to non-controlling interests (35,000) (23,000) (866,000) (65,000)
Net income attributable to One Liberty Properties, Inc. $ 10,147,000 $ 7,105,000 $ 20,515,000 $ 19,942,000
Weighted average number of common shares outstanding:        
Basic (in shares) 18,646 18,000 18,521 17,859
Diluted (in shares) 18,705 18,079 18,562 17,961
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.53 $ 0.38 $ 1.06 $ 1.07
Diluted (in dollars per share) 0.52 0.38 1.06 1.07
Cash distributions declared per share of common stock $ 0.45 $ 0.43 $ 1.35 $ 1.29
Rental income, net        
Revenues:        
Total revenues $ 17,193,000 $ 17,217,000 $ 52,501,000 $ 50,770,000
Tenant reimbursement        
Revenues:        
Total revenues 2,005,000 $ 1,920,000 5,983,000 $ 5,252,000
Lease termination fee        
Revenues:        
Total revenues $ 372,000   $ 372,000