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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 22,952 $ 21,556
Operating expenses:    
Depreciation and amortization 6,145 5,843
General and administrative (see Note 8 for related party information) 4,039 3,792
Real estate expenses (see Note 8 for related party information) 4,124 3,687
State taxes 68 74
Total operating expenses 14,376 13,396
Other operating income    
Gain on sale of real estate, net 1,534 4,649
Operating income 10,110 12,809
Other income and expenses:    
Equity in earnings of unconsolidated joint ventures 85 116
Other income (see Note 12) 15 926
Interest:    
Expense (4,600) (4,306)
Amortization of deferred financing costs (202) (205)
Net income 5,408 9,340
Net income attributable to non-controlling interests (22) (17)
Net income attributable to One Liberty Properties, Inc. $ 5,386 $ 9,323
Weighted average number of common shares outstanding:    
Basic (in shares) 20,514 20,379
Diluted (in shares) 20,579 20,541
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.25 $ 0.44
Diluted (in dollars per share) 0.25 0.44
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45
Rental income, net    
Revenues:    
Total revenues $ 22,952 $ 21,531
Lease termination fees    
Revenues:    
Total revenues   $ 25