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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 21,473 $ 20,436 $ 64,501 $ 61,674
Operating expenses:        
Depreciation and amortization 5,970 5,596 17,718 17,055
General and administrative (see Note 9 for related party information) 3,769 3,559 11,534 10,970
Real estate expenses (see Note 9 for related party information) 3,970 3,199 11,206 10,272
State taxes 60 55 211 221
Total operating expenses 13,769 12,409 40,669 38,518
Other operating income        
Gain on sale of real estate, net 4,063 1,277 16,762 22,768
Operating income 11,767 9,304 40,594 45,924
Other income and expenses:        
Equity in earnings of unconsolidated joint ventures 82 77 310 75
Equity in earnings from sale of unconsolidated joint venture properties   801   801
Prepayment costs on debt   (38)   (837)
Income on settlement of litigation (see Note 13)     5,388  
Other income (see Note 13) 17 678 997 865
Interest:        
Expense (4,367) (4,365) (13,026) (13,573)
Amortization and write-off of deferred financing costs (278) (245) (917) (754)
Net income 7,221 6,212 33,346 32,501
Net income attributable to non-controlling interests (17) (153) (52) (151)
Net income attributable to One Liberty Properties, Inc. $ 7,204 $ 6,059 $ 33,294 $ 32,350
Weighted average number of common shares outstanding:        
Basic (in shares) 20,340 20,115 20,361 20,044
Diluted (in shares) 20,416 20,273 20,472 20,198
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.34 $ 0.29 $ 1.58 $ 1.56
Diluted (in dollars per share) 0.34 0.28 1.57 1.55
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45 $ 1.35 $ 1.35
Rental income, net        
Revenues:        
Total revenues $ 21,473 $ 20,349 $ 64,476 $ 61,338
Lease termination fees        
Revenues:        
Total revenues   $ 87 $ 25 $ 336