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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 21,556 $ 20,816
Operating expenses:    
Depreciation and amortization 5,843 5,757
General and administrative (see Note 9 for related party information) 3,792 3,642
Real estate expenses (see Note 9 for related party information) 3,687 3,686
State taxes 74 75
Total operating expenses 13,396 13,160
Other operating income    
Gain on sale of real estate, net 4,649  
Operating income 12,809 7,656
Other income and expenses:    
Equity in earnings (loss) of unconsolidated joint ventures 116 (22)
Other income (see Note 13) 926 170
Interest:    
Expense (4,306) (4,634)
Amortization of deferred financing costs (205) (213)
Net income 9,340 2,957
Net (income) loss attributable to non-controlling interests (17) 5
Net income attributable to One Liberty Properties, Inc. $ 9,323 $ 2,962
Weighted average number of common shares outstanding:    
Basic (in shares) 20,379 20,003
Diluted (in shares) 20,541 20,061
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.44 $ 0.13
Diluted (in dollars per share) 0.44 0.13
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45
Rental income, net    
Revenues:    
Total revenues $ 21,531 $ 20,684
Lease termination fees    
Revenues:    
Total revenues $ 25 $ 132