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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Real estate investments, at cost    
Land $ 178,525 $ 190,391
Buildings and improvements 645,220 648,667
Total real estate investments, at cost 823,745 839,058
Less accumulated depreciation 153,114 147,136
Real estate investments, net 670,631 691,922
Property held-for-sale 6,446  
Investment in unconsolidated joint ventures 10,600 10,702
Cash and cash equivalents 15,981 12,705
Unbilled rent receivable 14,252 15,438
Unamortized intangible lease assets, net 22,048 24,703
Escrow, deposits and other assets and receivables 13,352 20,667
Total assets [1] 753,310 776,137
Liabilities:    
Mortgages payable, net of $3,523 and $3,845 of deferred financing costs, respectively 408,580 429,704
Line of credit, net of $0 and $425 of deferred financing costs, respectively   12,525
Dividends payable 9,330 9,261
Accrued expenses and other liabilities 20,014 21,498
Unamortized intangible lease liabilities, net 10,425 11,189
Total liabilities [1] 448,349 484,177
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 shares authorized; 20,024 and 19,878 shares issued and outstanding 20,024 19,878
Paid-in capital 316,312 313,430
Accumulated other comprehensive loss (2,664) (5,002)
Distributions in excess of net income (29,907) (37,539)
Total One Liberty Properties, Inc. stockholders' equity 303,765 290,767
Non-controlling interests in consolidated joint ventures [1] 1,196 1,193
Total equity 304,961 291,960
Total liabilities and equity $ 753,310 $ 776,137
[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: $10,365 and $12,158 of land, $18,600 and $23,372 of building and improvements, net of $4,594 and $5,232 of accumulated depreciation, $6,446 and $0 of property held-for-sale, $3,451 and $3,679 of other assets included in other line items, $23,097 and $23,530 of real estate debt, net, $1,358 and $1,278 of other liabilities included in other line items and $1,196 and $1,193 of non-controlling interests as of June 30, 2021 and December 31, 2020, respectively.