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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 20,414 $ 19,570 $ 62,288 $ 58,856
Operating expenses:        
Depreciation and amortization 5,566 5,672 16,353 16,104
General and administrative (see Note 10 for related party information) 3,143 3,071 9,319 8,999
Real estate expenses (see Note 10 for related party information) 3,692 2,669 10,544 8,005
State taxes 68 59 255 286
Total operating expenses 12,469 11,471 36,471 33,394
Other operating income        
Gain on sale of real estate, net 2,544 4,585 3,643 6,993
Operating income 10,489 12,684 29,460 32,455
Other income and expenses:        
Equity in earnings (loss) of unconsolidated joint ventures 50 173 (32) 716
Equity in earnings from sale of unconsolidated joint venture properties   1,986   2,057
Other income 8 7 18 17
Interest:        
Expense (5,198) (4,448) (15,041) (13,195)
Amortization and write-off of deferred financing costs (252) (220) (739) (669)
Net income 5,097 10,182 13,666 21,381
Net loss (income) attributable to non-controlling interests 21 (35) (465) (866)
Net income attributable to One Liberty Properties, Inc. $ 5,118 $ 10,147 $ 13,201 $ 20,515
Weighted average number of common shares outstanding:        
Basic (in shares) 19,191 18,646 19,037 18,521
Diluted (in shares) 19,239 18,705 19,076 18,562
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.25 $ 0.53 $ 0.64 $ 1.06
Diluted (in dollars per share) $ 0.25 $ 0.52 $ 0.64 $ 1.06
Rental income, net        
Revenues:        
Total revenues $ 20,414 $ 19,198 $ 62,288 $ 58,484
Lease termination fee        
Revenues:        
Total revenues   $ 372   $ 372