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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Real estate investments, at cost    
Land $ 170,023 $ 172,309
Buildings and improvements 686,636 692,346
Total real estate investments, at cost 856,659 864,655
Less accumulated depreciation 185,228 182,705
Real estate investments, net 671,431 681,950
Investment in unconsolidated joint ventures 2,148 2,051
Cash and cash equivalents 35,020 26,430
Unbilled rent receivable 16,847 16,661
Unamortized intangible lease assets, net 13,292 14,681
Escrow, deposits and other assets and receivables 20,492 19,833
Total assets [1] 759,230 761,606
Liabilities:    
Mortgages payable, net 415,470 418,347
Line of credit
Dividends payable 10,062 9,916
Accrued expenses and other liabilities 14,200 15,502
Unamortized intangible lease liabilities, net 11,065 10,096
Total liabilities [1] 450,797 453,861
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; 20,593 and 20,323 shares issued and outstanding 20,593 20,323
Paid-in capital 331,446 326,379
Accumulated other comprehensive income 567 844
Distributions in excess of net income (45,311) (40,843)
Total One Liberty Properties, Inc. stockholders' equity 307,295 306,703
Non-controlling interests in consolidated joint ventures [1] 1,138 1,042
Total equity 308,433 307,745
Total liabilities and equity $ 759,230 $ 761,606
[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: $9,198 and $9,917 of land, $15,778 and $17,475 of building and improvements, net of $6,091 and $6,380 of accumulated depreciation, $2,599 and $3,158 of other assets included in other line items, $13,579 and $16,660 of real estate debt, net, $769 and $1,130 of other liabilities included in other line items and $1,138 and $1,042 of non-controlling interests as of June 30, 2024 and December 31, 2023, respectively.