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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