XML 41 R26.htm IDEA: XBRL DOCUMENT v3.25.0.1
Schedule III - Consolidated Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2024
Schedule III - Consolidated Real Estate and Accumulated Depreciation  
Schedule III - Consolidated Real Estate and Accumulated Depreciation

Cost Capitalized

Gross Amount at Which Carried

Initial Cost to Company

Subsequent to

at December 31, 2024

Building and

Acquisition

Building &

Accumulated

Date of

Date

Type

    

Location

    

Encumbrances

    

Land

    

Improvements

    

Improvements

    

Land

    

Improvements

    

Total

    

Depreciation (1)

    

Construction

    

Acquired

Health & Fitness

 

Tucker, GA

$

$

807

$

3,027

$

3,420

$

807

$

6,447

$

7,254

$

3,662

 

1988

 

2002

Industrial

 

West Palm Beach, FL

 

 

181

 

724

 

235

 

181

959

1,140

 

591

 

1973

 

1998

Industrial

 

New Hyde Park, NY

 

2,016

 

182

 

728

 

281

 

182

1,009

1,191

 

606

 

1960

 

1999

Industrial

 

Ronkonkoma, NY

 

4,843

 

1,042

 

4,171

 

2,943

 

1,042

7,114

8,156

 

3,874

 

1986

 

2000

Industrial

 

Hauppauge, NY

 

20,905

 

1,951

 

10,954

 

9,600

 

1,951

20,554

22,505

 

9,775

 

1982

 

2000

Industrial

 

Melville, NY

 

4,495

 

774

 

3,029

 

1,170

 

774

4,199

4,973

 

2,158

 

1982

 

2003

Industrial

 

Saco, ME

 

4,704

 

1,027

 

3,623

 

2,050

 

1,027

5,673

6,700

 

2,055

 

2001

 

2006

Industrial

 

Baltimore, MD

 

16,325

 

6,474

 

25,282

 

 

6,474

25,282

31,756

 

11,404

 

1960

 

2006

Industrial

 

Durham, NC

 

4,200

 

1,043

 

2,404

 

44

 

1,043

2,448

3,491

 

936

 

1991

 

2011

Industrial

 

Pinellas Park, FL

 

1,879

 

1,231

 

1,669

 

614

 

1,231

2,283

3,514

 

636

 

1995

 

2012

Industrial

 

Fort Mill, SC

 

18,294

 

1,840

 

12,687

 

1,964

 

1,840

14,651

16,491

 

3,993

 

1992

 

2013

Industrial

 

Indianapolis, IN

 

8,641

 

1,224

 

6,935

 

25

 

1,224

6,960

8,184

 

2,317

 

1997

 

2013

Industrial

 

Fort Mill, SC

 

19,238

 

1,804

 

33,650

 

 

1,804

33,650

35,454

 

10,945

 

1997

 

2013

Industrial

 

New Hope, MN

 

3,548

 

881

 

6,064

 

234

 

881

6,298

7,179

 

1,657

 

1967

 

2014

Industrial

 

Louisville, KY

 

 

578

 

3,727

 

1,657

 

578

5,384

5,962

 

1,044

 

1974

 

2015

Industrial

 

Louisville, KY

 

 

51

 

230

 

 

51

230

281

 

59

 

1974

 

2015

Industrial

 

McCalla, AL

 

12,382

 

1,588

 

14,682

 

 

1,588

14,682

16,270

 

3,542

 

2003

 

2015

Industrial

 

St. Louis, MO

 

15,425

 

3,728

 

13,006

 

802

 

3,728

13,808

17,536

 

3,527

 

1969

 

2015

Industrial

 

Greenville, SC

 

4,038

 

693

 

6,893

 

1,119

 

693

8,012

8,705

 

1,823

 

1997

 

2016

Industrial

 

Greenville, SC

 

4,487

 

528

 

8,074

 

938

 

528

9,012

9,540

 

2,008

 

2000

 

2016

Industrial

 

El Paso, TX

 

23,000

 

3,691

 

17,904

 

2,429

 

3,691

20,333

24,024

 

4,500

 

1997

 

2016

Industrial

 

Lebanon, TN

 

19,042

 

2,094

 

30,039

 

213

 

2,094

30,252

32,346

 

6,466

 

1996

 

2016

Industrial

 

Huntersville, NC

 

4,087

 

1,046

 

6,674

 

 

1,046

6,674

7,720

 

1,343

 

2014

 

2017

Industrial

 

Pittston, PA

 

14,350

 

999

 

9,922

 

1,609

 

999

11,531

12,530

 

2,295

 

1990

 

2017

Industrial

 

Ankeny, IA

 

6,972

 

1,351

 

11,607

 

 

1,351

11,607

12,958

 

2,247

 

2016

 

2017

Industrial

 

Memphis, TN

 

4,310

 

140

 

7,952

 

 

140

7,952

8,092

 

1,494

 

1979

 

2017

Industrial

 

Pennsburg, PA

 

6,953

 

1,776

 

11,126

 

 

1,776

11,126

12,902

 

2,095

 

1986

 

2018

Industrial

 

Plymouth, MN

 

2,811

 

1,121

 

4,429

 

 

1,121

4,429

5,550

 

758

 

1978

 

2018

Industrial

 

Englewood, CO

 

7,192

 

1,562

 

11,300

 

 

1,562

11,300

12,862

 

1,824

 

2013

 

2018

Industrial

 

Moorestown, NJ

 

3,396

 

1,822

 

5,056

 

 

1,822

5,056

6,878

 

814

 

1990

 

2018

Industrial

Moorestown, NJ

7,611

1,443

10,898

51

1,443

10,949

12,392

1,779

1972

2018

Industrial

Bakersfield, CA

1,988

9,998

1,988

9,998

11,986

1,586

1980

2018

Industrial

Green Park, MO

5,948

1,421

7,835

41

1,421

7,876

9,297

1,220

2008

2018

Industrial

Greenville, SC

4,800

186

6,419

210

186

6,629

6,815

1,094

2008

2018

Industrial

Nashville, TN

4,463

1,058

6,350

313

1,058

6,663

7,721

963

1974

2019

Industrial

Bensalem, PA

3,537

1,602

4,323

149

1,602

4,472

6,074

635

1975

2019

Industrial

Chandler, AZ

4,504

1,335

7,379

101

1,335

7,480

8,815

1,101

2004

2019

Industrial

LaGrange, GA

2,772

297

4,500

297

4,500

4,797

638

2013

2019

Industrial

Shakopee, MN

4,324

1,877

5,462

10

1,877

5,472

7,349

769

1998

2019

Cost Capitalized

Gross Amount at Which Carried

Initial Cost to Company

Subsequent to

at December 31, 2024

Building and

Acquisition

Building &

Accumulated

Date of

Date

Type

    

Location

    

Encumbrances

    

Land

    

Improvements

    

Improvements

    

Land

    

Improvements

    

Total

    

Depreciation (1)

    

Construction

    

Acquired

Industrial

Rincon, GA

$

3,559

$

61

$

5,968

$

$

61

$

5,968

$

6,029

$

790

1998

2019

Industrial

 

Chandler, AZ

 

1,164

1,691

4

1,164

1,695

2,859

237

2007

2019

Industrial

Ashland, VA

4,966

391

7,901

391

7,901

8,292

1,005

2007

2020

Industrial

Lowell, AR

10,907

1,687

15,188

1,687

15,188

16,875

2,029

2017

2020

Industrial

Monroe, NC

4,056

897

5,106

897

5,106

6,003

485

2000

2021

Industrial

Lehigh Acres, FL

5,552

1,934

7,393

1,934

7,393

9,327

628

2002

2021

Industrial

Omaha, NE

5,500

1,001

6,547

257

1,001

6,804

7,805

532

1988

2021

Industrial

Fort Myers, FL

4,478

991

6,876

991

6,876

7,867

541

2020

2022

Industrial

Dalton, GA

9,507

547

15,836

547

15,836

16,383

1,044

1996

2022

Industrial

Hillside, IL

2,560

2,975

2,560

2,975

5,535

212

2002

2022

Industrial

Lexington, KY

5,139

1,558

6,881

1,558

6,881

8,439

456

2001

2022

Industrial

Northwood, OH

5,634

181

8,306

181

8,306

8,487

457

1999

2022

Industrial

Northwood, OH

171

7,383

171

7,383

7,554

412

2001

2022

Industrial

Blythewood, SC

4,147

311

12,304

29

311

12,333

12,644

469

2004

2023

Industrial

Albuquerque, NM

3,380

1,341

6,330

1,341

6,330

7,671

118

1957

2024

Industrial

Savannah, GA

2,795

1,044

3,724

1,044

3,724

4,768

62

1993

2024

Industrial

Council Bluffs, IA

18,425

3,811

28,462

3,811

28,462

32,273

279

2023

2024

Industrial

Joppa, MD

 

7,530

3,815

8,142

1,406

3,815

9,548

13,363

2,917

1994

2014

Office

Brooklyn, NY

 

1,381

5,447

3,188

1,381

8,635

10,016

5,297

1973

1998

Other

 

Newark, DE

 

1,044

935

3,643

278

935

3,921

4,856

2,093

1996

2003

Other

Beachwood, OH

13,901

3,475

17,376

17,376

N/A

2016

Restaurant

Concord, NC

999

1,076

25

999

1,101

2,100

373

2000

2013

Restaurant

Myrtle Beach, SC

1,102

1,161

25

1,102

1,186

2,288

382

1978

2013

Retail

Seattle, WA

201

189

35

201

224

425

188

1986

1987

Retail

Rosenberg, TX

216

863

66

216

929

1,145

682

1994

1995

Retail

Selden, NY

2,237

572

2,287

150

572

2,437

3,009

1,558

1997

1999

Retail

Batavia, NY

515

2,061

515

2,061

2,576

1,333

1998

1999

Retail

Champaign, IL

791

3,165

1,024

791

4,189

4,980

2,336

1985

1999

Retail

El Paso, TX

8,788

2,821

11,123

2,813

2,821

13,936

16,757

9,237

1974

2000

Retail

Somerville, MA

510

1,993

24

510

2,017

2,527

1,102

1993

2003

Retail

Hyannis, MA

802

2,324

802

2,324

3,126

985

1998

2008

Retail

Marston Mills, MA

461

2,313

461

2,313

2,774

976

1998

2008

Retail

Everett, MA

1,935

1,935

1,935

N/A

2008

Retail

Royersford, PA

21,759

19,538

3,150

524

19,538

3,674

23,212

1,445

2001

2010

Retail

Monroeville, PA

450

863

57

450

920

1,370

322

1994

2010

Retail

Bolingbrook, IL

834

1,887

101

834

1,988

2,822

761

2001

2011

Retail

Crystal Lake, IL

615

1,899

535

615

2,434

3,049

869

1997

2011

Retail

Greensboro, NC

1,046

1,552

168

1,046

1,720

2,766

493

2002

2014

Retail

 

Highlands Ranch, CO

 

 

2,361

2,924

296

2,361

3,220

5,581

1,043

1995

2014

Retail

 

Cuyahoga Falls, OH

 

870

71

1,371

34

71

1,405

1,476

308

2004

2016

Retail

 

Port Clinton, OH

 

 

746

52

1,187

33

52

1,220

1,272

274

2005

2016

Retail

 

South Euclid, OH

 

 

845

230

1,566

53

230

1,619

1,849

393

1975

2016

Retail

 

St Louis Park, MN

 

3,388

13,088

152

3,388

13,240

16,628

2,978

1962

2016

Retail

 

Deptford, NJ

 

 

2,186

572

1,779

705

572

2,484

3,056

1,227

1981

2012

Retail

 

Littleton, CO

 

 

5,835

5,385

10,480

2,088

5,385

12,568

17,953

3,596

1985

2015

Cost Capitalized

Gross Amount at Which Carried

Initial Cost to Company

Subsequent to

at December 31, 2024

Building and

Acquisition

Building &

Accumulated

Date of

Date

Type

    

Location

    

Encumbrances

    

Land

    

Improvements

    

Improvements

    

Land

    

Improvements

    

Total

    

Depreciation (1)

    

Construction

    

Acquired

Retail-Furniture

 

Lexington, KY

 

$

$

800

$

3,532

$

305

$

800

$

3,837

$

4,637

$

1,703

1999

2006

Retail-Furniture

 

Bluffton, SC

 

 

589

2,600

229

589

2,829

3,418

1,240

1994

2006

Retail-Furniture

 

Amarillo, TX

 

 

860

3,810

478

860

4,288

5,148

1,800

1996

2006

Retail-Furniture

 

Austin, TX

 

 

1,587

7,010

513

1,587

7,523

9,110

3,345

2001

2006

Retail-Furniture

 

Tyler, TX

 

 

1,031

4,554

27

1,031

4,581

5,612

2,130

2001

2006

Retail-Furniture

 

Newport News, VA

 

 

751

3,316

254

751

3,570

4,321

1,579

1995

2006

Retail-Furniture

 

Richmond, VA

 

 

867

3,829

224

867

4,053

4,920

1,820

1979

2006

Retail-Furniture

 

Gurnee, IL

 

 

834

3,635

834

3,635

4,469

1,662

1994

2006

Retail-Furniture

 

Naples, FL

 

 

3,070

2,846

302

3,070

3,148

6,218

1,292

1992

2008

Retail-Office Supply

 

Lake Charles, LA (2)

 

 

1,167

3,887

2,905

1,167

6,792

7,959

3,394

1998

2002

Retail-Office Supply

 

Chicago, IL (2)

 

 

2,949

3,877

2,256

3,877

2,256

6,133

919

1994

2008

Retail-Office Supply

 

Cary, NC (2)

 

 

2,488

1,129

3,736

1,129

3,736

4,865

1,522

1995

2008

Retail-Office Supply

 

Eugene, OR (2)

 

 

2,222

1,952

2,096

1,952

2,096

4,048

854

1994

2008

Retail-Office Supply

 

El Paso, TX (2)

 

 

1,942

1,035

2,700

1,035

2,700

3,735

1,100

1993

2008

Theater

 

Greensboro, NC

 

 

8,328

3,000

11,328

11,328

9,496

1999

2004

Theater

 

Indianapolis, IN

 

 

3,099

5,225

19

3,099

5,244

8,343

1,434

1997

2014

$

424,978

$

162,233

$

640,496

$

58,023

$

165,708

$

695,044

$

860,752

$

188,447

Note 1—Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from two to 40 years.

Note 2—These five properties are retail office supply stores net leased to the same tenant, pursuant to separate leases. Four of these leases contain cross default provisions.

ONE LIBERTY PROPERTIES, INC. AND SUBSIDIARIES

Notes to Schedule III

Consolidated Real Estate and Accumulated Depreciation

(a)  Reconciliation of “Real Estate and Accumulated Depreciation”

(Amounts in Thousands)

Year Ended December 31, 

    

2024

    

2023

    

2022

Investment in real estate:

Balance, beginning of year

$

864,655

$

879,596

$

837,641

Addition: Land, buildings and improvements

 

50,112

 

18,176

 

59,654

Deduction: Properties sold

(52,474)

(33,117)

(17,699)

Deduction: Property Impairment

 

(1,541)

 

 

Balance, end of year

$

860,752

$

864,655

$

879,596

(1)

Accumulated depreciation:

Balance, beginning of year

$

182,705

$

173,143

$

160,664

Addition: Depreciation

 

19,515

 

19,242

 

18,471

Deduction: Accumulated depreciation related to properties sold

 

(13,318)

 

(9,680)

 

(5,992)

Deduction: Property Impairment

(455)

Balance, end of year

$

188,447

$

182,705

$

173,143

(1)At December 31, 2024, the aggregate cost for federal income tax purposes is approximately $17,774 greater than the Company’s recorded values.