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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Real estate investments, at cost    
Land $ 194,356 $ 195,320
Buildings and improvements 651,501 640,517
Total real estate investments, at cost 845,857 835,837
Less accumulated depreciation 143,656 135,302
Real estate investments, net 702,201 700,535
Investment in unconsolidated joint ventures 10,982 11,061
Cash and cash equivalents 14,193 11,034
Unbilled rent receivable 16,518 15,037
Unamortized intangible lease assets, net 26,082 26,068
Escrow, deposits and other assets and receivables 16,754 10,894
Total assets [1] 786,730 774,629
Liabilities:    
Mortgages payable, net of $4,007 and $4,438 of deferred financing costs, respectively 433,088 435,840
Line of credit, net of $478 and $619 of deferred financing costs, respectively 16,672 10,831
Dividends payable 9,198 8,966
Accrued expenses and other liabilities 22,311 14,587
Unamortized intangible lease liabilities, net 11,943 12,421
Total liabilities [1] 493,212 482,645
Commitments and contingencies
One Liberty Properties, Inc. stockholders' equity:    
Preferred stock, $1 par value; 12,500 shares authorized; none issued
Common stock, $1 par value; 50,000 and 25,000 shares authorized; 19,737 and 19,251 shares issued and outstanding 19,737 19,251
Paid-in capital 310,029 301,517
Accumulated other comprehensive loss (5,612) (1,623)
Distributions in excess of net income (31,850) (28,382)
Total One Liberty Properties, Inc. stockholders' equity 292,304 290,763
Non-controlling interests in consolidated joint ventures [1] 1,214 1,221
Total equity 293,518 291,984
Total liabilities and equity $ 786,730 $ 774,629
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 6. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $12,158 and $12,158 of land, $23,574 and $24,223 of building and improvements, net of $5,008 and $4,334 of accumulated depreciation, $3,735 and $3,696 of other assets included in other line items, $23,687 and $24,199 of real estate debt, net, $1,149 and $1,153 of other liabilities included in other line items and $1,214 and $1,221 of non-controlling interests as of September 30, 2020 and December 31, 2019, respectively.