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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 20,422 $ 20,861 $ 41,238 $ 42,100
Operating expenses:        
Depreciation and amortization 5,702 5,804 11,459 11,478
General and administrative (see Note 9 for related party information) 3,769 3,454 7,411 6,788
Real estate expenses (see Note 9 for related party information) 3,387 3,305 7,073 6,647
State taxes 91 70 166 152
Total operating expenses 12,949 12,633 26,109 25,065
Other operating income        
Gain on sale of real estate, net 21,491   21,491 4,252
Operating income 28,964 8,228 36,620 21,287
Other income and expenses:        
Equity in earnings (loss) of unconsolidated joint ventures 20 (10) (2) 54
Equity in earnings from sale of unconsolidated joint venture properties       121
Prepayment costs on debt (799) (775) (799) (1,065)
Other income (see Note 13) 17 5 187 9
Interest:        
Expense (4,574) (4,947) (9,208) (9,831)
Amortization and write-off of deferred financing costs (296) (216) (509) (459)
Net income 23,332 2,285 26,289 10,116
Net (income) loss attributable to non-controlling interests (3) (1) 2 (6)
Net income attributable to One Liberty Properties, Inc. $ 23,329 $ 2,284 $ 26,291 $ 10,110
Weighted average number of common shares outstanding:        
Basic (in shares) 20,013 19,445 20,008 19,403
Diluted (in shares) 20,187 19,505 20,175 19,433
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 1.13 $ 0.10 $ 1.27 $ 0.49
Diluted (in dollars per share) 1.12 0.10 1.26 0.49
Cash distributions per share of common stock (in dollars per share) $ 0.45 0.225 $ 0.90 0.675
Stock distributions per share of common stock (in dollars per share)   $ 0.225   $ 0.225
Rental income, net        
Revenues:        
Total revenues $ 20,305 $ 20,861 $ 40,989 $ 42,100
Lease termination fees        
Revenues:        
Total revenues $ 117   $ 249