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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Real estate investments, at cost    
Land $ 180,760 $ 190,391
Buildings and improvements 653,695 648,667
Total real estate investments, at cost 834,455 839,058
Less accumulated depreciation 157,499 147,136
Real estate investments, net 676,956 691,922
Investment in unconsolidated joint ventures 10,178 10,702
Cash and cash equivalents 13,740 12,705
Unbilled rent receivable 14,470 15,438
Unamortized intangible lease assets, net 21,498 24,703
Escrow, deposits and other assets and receivables 15,131 20,667
Total assets [1] 751,973 776,137
Liabilities:    
Mortgages payable, net of $3,477 and $3,845 of deferred financing costs, respectively 403,452 429,704
Line of credit, net of $270 and $425 of deferred financing costs, respectively 2,930 12,525
Dividends payable 9,416 9,261
Accrued expenses and other liabilities 20,374 21,498
Unamortized intangible lease liabilities, net 10,702 11,189
Total liabilities [1] 446,874 484,177
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; 20,178 and 19,878 shares issued and outstanding 20,178 19,878
Paid-in capital 319,608 313,430
Accumulated other comprehensive loss (2,350) (5,002)
Distributions in excess of net income (33,264) (37,539)
Total One Liberty Properties, Inc. stockholders' equity 304,172 290,767
Non-controlling interests in consolidated joint ventures [1] 927 1,193
Total equity 305,099 291,960
Total liabilities and equity $ 751,973 $ 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, $18,454 and $23,372 of building and improvements, net of $4,780 and $5,232 of accumulated depreciation, $3,738 and $3,679 of other assets included in other line items, $19,362 and $23,530 of real estate debt, net, $1,495 and $1,278 of other liabilities included in other line items and $927 and $1,193 of non-controlling interests as of September 30, 2021 and December 31, 2020, respectively.