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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate investments, at cost    
Land $ 181,086 $ 180,183
Buildings and improvements 680,722 657,458
Total real estate investments, at cost 861,808 837,641
Less accumulated depreciation 168,430 160,664
Real estate investments, net 693,378 676,977
Property held-for-sale   1,270
Investment in unconsolidated joint ventures 10,309 10,172
Cash and cash equivalents 11,579 16,164
Unbilled rent receivable 15,285 14,330
Unamortized intangible lease assets, net 19,594 20,694
Escrow, deposits and other assets and receivables 17,202 13,346
Total assets [1] 767,347 752,953
Liabilities:    
Mortgages payable, net of $0,000 and $3,316 of deferred financing costs, respectively 402,760 396,344
Line of credit, net of $000 and $216 of deferred financing costs, respectively 10,946 11,484
Dividends payable 9,618 9,448
Accrued expenses and other liabilities 18,212 18,992
Unamortized intangible lease liabilities, net 10,560 10,407
Total liabilities [1] 452,096 446,675
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; 00,000 and 20,239 shares issued and outstanding 20,311 20,239
Paid-in capital 323,576 322,793
Accumulated other comprehensive income (loss) 1,855 (1,513)
Distributions in excess of net income (31,450) (36,187)
Total One Liberty Properties, Inc. stockholders' equity 314,292 305,332
Non-controlling interests in consolidated joint ventures [1] 959 946
Total equity 315,251 306,278
Total liabilities and equity $ 767,347 $ 752,953
[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 $10,365 of land, $17,916 and $18,472 of building and improvements, net of $5,481 and $4,957 of accumulated depreciation, $3,298 and $3,580 of other assets included in other line items, $18,676 and $19,193 of real estate debt, net, $909 and $1,350 of other liabilities included in other line items and $959 and $946 of non-controlling interests as of September 30, 2022 and December 31, 2021, respectively.