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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Rental income, net $ 21,239 $ 21,155
Operating expenses:    
Depreciation and amortization 5,674 5,347
General and administrative (see Note 9 for related party information) 3,334 3,171
Real estate expenses (see Note 9 for related party information) 3,342 3,341
State taxes 82 79
Total operating expenses 12,432 11,938
Other operating income    
Gain on sale of real estate, net 4,252  
Operating income 13,059 9,217
Other income and expenses:    
Equity in earnings (loss) of unconsolidated joint ventures 64 (116)
Equity in earnings from sale of unconsolidated joint venture property 121  
Prepayment costs on debt (290)  
Other income 4 4
Interest:    
Expense (4,884) (4,862)
Amortization and write-off of deferred financing costs (243) (232)
Net income 7,831 4,011
Net income attributable to non-controlling interests (5) (40)
Net income attributable to One Liberty Properties, Inc. $ 7,826 $ 3,971
Weighted average number of common shares outstanding:    
Basic (in shares) 19,361 18,894
Diluted (in shares) 19,374 18,993
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.39 $ 0.19
Diluted (in dollars per share) $ 0.39 $ 0.19