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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 21,800 $ 22,407 $ 44,496 $ 45,359
Operating expenses:        
Depreciation and amortization 5,965 6,114 11,986 12,259
General and administrative 3,776 4,165 7,699 8,204
Real estate expenses 3,976 3,954 8,446 8,078
Impairment loss 1,086   1,086  
State taxes 47 88 110 156
Total operating expenses 14,850 14,321 29,327 28,697
Other operating income        
Gain on sale of real estate, net 7,448 3,180 9,232 4,714
Operating income 14,398 11,266 24,401 21,376
Other income and expenses:        
Equity in earnings of unconsolidated joint ventures 43 60 96 145
Other income 276 28 543 43
Interest:        
Expense (4,750) (4,610) (9,467) (9,210)
Amortization and write-off of deferred financing costs (290) (205) (516) (407)
Net income 9,677 6,539 15,057 11,947
Net income attributable to non-controlling interests (124) (20) (349) (42)
Net income attributable to One Liberty Properties, Inc. $ 9,553 $ 6,519 $ 14,708 $ 11,905
Weighted average number of common shares outstanding:        
Basic (in shares) 20,590 20,571 20,550 20,544
Diluted (in shares) 20,683 20,642 20,632 20,612
Per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.45 $ 0.30 $ 0.68 $ 0.55
Diluted (in dollars per share) 0.45 0.30 0.68 0.55
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45 $ 0.90 $ 0.90
Rental income, net        
Revenues:        
Total revenues $ 21,800 $ 22,407 $ 44,246 $ 45,359
Lease termination fee        
Revenues:        
Total revenues     $ 250