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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 20,436 $ 21,071 $ 61,674 $ 63,171
Operating expenses:        
Depreciation and amortization 5,596 5,723 17,055 17,201
General and administrative (see Note 9 for related party information) 3,559 3,456 10,970 10,244
Real estate expenses (see Note 9 for related party information) 3,199 3,451 10,272 10,098
State taxes 55 75 221 227
Impairment due to casualty loss   430   430
Total operating expenses 12,409 13,135 38,518 38,200
Other operating income        
Gain on sale of real estate, net 1,277 10,316 22,768 14,568
Operating income 9,304 18,252 45,924 39,539
Other income and expenses:        
Equity in earnings of unconsolidated joint ventures 77 132 75 186
Equity in earnings from sale of unconsolidated joint venture properties 801   801 121
Prepayment costs on debt (38) (58) (837) (1,123)
Other income (see Note 13) 678 453 865 462
Interest:        
Expense (4,365) (4,752) (13,573) (14,583)
Amortization and write-off of deferred financing costs (245) (301) (754) (760)
Net income 6,212 13,726 32,501 23,842
Net income attributable to non-controlling interests (153) (1) (151) (7)
Net income attributable to One Liberty Properties, Inc. $ 6,059 $ 13,725 $ 32,350 $ 23,835
Weighted average number of common shares outstanding:        
Basic (in shares) 20,115 19,640 20,044 19,483
Diluted (in shares) 20,273 19,686 20,198 19,511
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.29 $ 0.67 $ 1.56 $ 1.17
Diluted (in dollars per share) 0.28 0.67 1.55 1.17
Cash distributions per share of common stock (in dollars per share) $ 0.45 0.338 $ 1.35 1.013
Stock distributions per share of common stock (in dollars per share)   $ 0.112   $ 0.337
Rental income, net        
Revenues:        
Total revenues $ 20,349 $ 21,071 $ 61,338 $ 63,171
Lease termination fees        
Revenues:        
Total revenues $ 87   $ 336