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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental income, net $ 21,155,000 $ 19,534,000
Operating expenses:    
Depreciation and amortization 5,347,000 5,182,000
General and administrative (see Note 8 for related party information) 3,171,000 2,959,000
Real estate expenses (see Note 8 for related party information) 3,341,000 2,744,000
State taxes 79,000 73,000
Total operating expenses 11,938,000 10,958,000
Other operating income    
Gain on sale of real estate, net   2,408,000
Operating income 9,217,000 10,984,000
Other income and expenses:    
Equity in (loss) earnings of unconsolidated joint ventures (116,000) 195,000
Other income 4,000 4,000
Interest:    
Expense (4,862,000) (4,302,000)
Amortization and write-off of deferred financing costs (232,000) (228,000)
Net income 4,011,000 6,653,000
Net income attributable to non-controlling interests (40,000) (802,000)
Net income attributable to One Liberty Properties, Inc. $ 3,971,000 $ 5,851,000
Weighted average number of common shares outstanding:    
Basic (in shares) 18,894 18,396
Diluted (in shares) 18,993 18,434
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.19 $ 0.30
Diluted (in dollars per share) $ 0.19 $ 0.30
Tenant reimbursements    
Revenues:    
Rental income, net   $ 1,944,000