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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Real estate investments, at cost    
Land $ 172,309,000 $ 181,805,000
Buildings and improvements 692,346,000 697,791,000
Total real estate investments, at cost 864,655,000 879,596,000
Less accumulated depreciation 182,705,000 173,143,000
Real estate investments, net 681,950,000 706,453,000
Investment in unconsolidated joint ventures 2,051,000 10,400,000
Cash and cash equivalents 26,430,000 6,718,000
Unbilled rent receivable 16,661,000 16,079,000
Unamortized intangible lease assets, net 14,681,000 19,841,000
Escrow, deposits and other assets and receivables 19,833,000 23,764,000
Total assets [1] 761,606,000 783,255,000
Liabilities:    
Mortgages payable, net 418,347,000 405,162,000
Line of credit, net   21,068,000
Dividends payable 9,916,000 9,693,000
Accrued expenses and other liabilities 15,502,000 19,270,000
Unamortized intangible lease liabilities, net 10,096,000 11,125,000
Total liabilities [1] 453,861,000 466,318,000
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; 20,323 and 20,362 shares issued and outstanding 20,323,000 20,362,000
Paid-in capital 326,379,000 325,895,000
Accumulated other comprehensive income 844,000 1,810,000
Distributions in excess of net income (40,843,000) (32,102,000)
Total One Liberty Properties, Inc. stockholders' equity 306,703,000 315,965,000
Non-controlling interests in consolidated joint ventures [1] 1,042,000 972,000
Total equity 307,745,000 316,937,000
Total liabilities and equity $ 761,606,000 $ 783,255,000
[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: $9,917and $10,365 of land, $17,475 and $17,870 of building and improvements, net of $6,380 and $5,670 of accumulated depreciation, $3,158 and $3,518 of other assets included in other line items, $16,660 and $18,500 of real estate debt, net, $1,130 and $1,135 of other liabilities included in other line items, and $1,042 and $972 of non-controlling interests as of December 31, 2023 and 2022, respectively.