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v3.21.1

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Revenues: |  |
Total revenues | $ 20,816 | $ 21,239
Operating expenses: |  |
Depreciation and amortization | 5,757 | 5,674
General and administrative (see Note 7 for related party information) | 3,642 | 3,334
Real estate expenses (see Note 7 for related party information) | 3,686 | 3,342
State taxes | 75 | 82
Total operating expenses | 13,160 | 12,432
Other operating income |  |
Gain on sale of real estate, net |  | 4,252
Operating income | 7,656 | 13,059
Other income and expenses: |  |
Equity in (loss) earnings of unconsolidated joint ventures | (22) | 64
Equity in earnings from sale of unconsolidated joint venture properties |  | 121
Prepayment costs on debt |  | (290)
Other income (see Note 11) | 170 | 4
Interest: |  |
Expense | (4,634) | (4,884)
Amortization and write-off of deferred financing costs | (213) | (243)
Net income | 2,957 | 7,831
Net loss (income) attributable to non-controlling interests | 5 | (5)
Net income attributable to One Liberty Properties, Inc. | $ 2,962 | $ 7,826
Weighted average number of common shares outstanding: |  |
Basic (in shares) | 20,003 | 19,361
Diluted (in shares) | 20,061 | 19,374
Per common share attributable to common stockholders: |  |
Basic and Diluted (in dollars per share) | $ 0.13 | $ 0.39
Cash distributions per share of common stock (in dollars per share) | $ 0.45 | $ 0.45
Rental income, net |  |
Revenues: |  |
Total revenues | $ 20,684 | $ 21,239
Lease termination fees |  |
Revenues: |  |
Total revenues | $ 132 |

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