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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 21,472 $ 20,422 $ 43,028 $ 41,238
Operating expenses:        
Depreciation and amortization 5,905 5,702 11,748 11,459
General and administrative (see Note 9 for related party information) 3,973 3,769 7,765 7,411
Real estate expenses (see Note 9 for related party information) 3,549 3,387 7,236 7,073
State taxes 77 91 151 166
Total operating expenses 13,504 12,949 26,900 26,109
Other operating income        
Gain on sale of real estate, net 8,050 21,491 12,699 21,491
Operating income 16,018 28,964 28,827 36,620
Other income and expenses:        
Equity in earnings (loss) of unconsolidated joint ventures 112 20 228 (2)
Prepayment costs on debt   (799)   (799)
Income on settlement of litigation (see Note 13) 5,388   5,388  
Other income (see Note 13) 54 17 980 187
Interest:        
Expense (4,353) (4,574) (8,659) (9,208)
Amortization and write-off of deferred financing costs (434) (296) (639) (509)
Net income 16,785 23,332 26,125 26,289
Net (income) loss attributable to non-controlling interests (18) (3) (35) 2
Net income attributable to One Liberty Properties, Inc. $ 16,767 $ 23,329 $ 26,090 $ 26,291
Weighted average number of common shares outstanding:        
Basic (in shares) 20,364 20,013 20,372 20,008
Diluted (in shares) 20,480 20,187 20,485 20,175
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.80 $ 1.13 $ 1.24 $ 1.27
Diluted (in dollars per share) 0.79 1.12 1.23 1.26
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45 $ 0.90 $ 0.90
Rental income, net        
Revenues:        
Total revenues $ 21,472 $ 20,305 $ 43,003 $ 40,989
Lease termination fees        
Revenues:        
Total revenues   $ 117 $ 25 $ 249