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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 22,696 $ 22,952
Operating expenses:    
Depreciation and amortization 6,021 6,145
General and administrative 3,923 4,039
Real estate expenses 4,470 4,124
State taxes 63 68
Total operating expenses 14,477 14,376
Other operating income    
Gain on sale of real estate, net 1,784 1,534
Operating income 10,003 10,110
Other income and expenses:    
Equity in earnings of unconsolidated joint ventures 53 85
Other income 267 15
Interest:    
Expense (4,717) (4,600)
Amortization and write-off of deferred financing costs (226) (202)
Net income 5,380 5,408
Net income attributable to non-controlling interests (225) (22)
Net income attributable to One Liberty Properties, Inc. $ 5,155 $ 5,386
Weighted average number of common shares outstanding:    
Basic (in shares) 20,509 20,514
Diluted (in shares) 20,579 20,579
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.24 $ 0.25
Diluted (in dollars per share) 0.23 0.25
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45
Rental income, net    
Revenues:    
Total revenues $ 22,446 $ 22,952
Lease termination fee    
Revenues:    
Total revenues $ 250