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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Real estate investments, at cost    
Land $ 171,810,000 $ 165,708,000
Buildings and improvements 768,792,000 695,044,000
Total real estate investments, at cost 940,602,000 860,752,000
Less accumulated depreciation 193,286,000 188,447,000
Real estate investments, net 747,316,000 672,305,000
Investment in unconsolidated joint ventures 1,506,000 2,101,000
Cash and cash equivalents 8,162,000 42,315,000
Unbilled rent receivable 17,283,000 16,988,000
Unamortized intangible lease assets, net 20,253,000 13,649,000
Escrow, deposits and other assets and receivables 17,168,000 19,596,000
Total assets [1] 811,688,000 766,954,000
Liabilities:    
Mortgages payable, net 465,971,000 420,555,000
Line of credit 5,000,000
Dividends payable 10,212,000 10,049,000
Accrued expenses and other liabilities 13,547,000 16,023,000
Unamortized intangible lease liabilities, net 12,626,000 11,752,000
Total liabilities [1] 507,356,000 458,379,000
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; 20,844 and 20,698 shares issued and outstanding 20,844,000 20,698,000
Paid-in capital 336,926,000 335,539,000
Accumulated other comprehensive income 130,000 208,000
Distributions in excess of net income (54,669,000) (49,020,000)
Total One Liberty Properties, Inc. stockholders' equity 303,231,000 307,425,000
Non-controlling interests in consolidated joint ventures [1] 1,101,000 1,150,000
Total equity 304,332,000 308,575,000
Total liabilities and equity $ 811,688,000 $ 766,954,000
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 7. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $8,828 and $9,198 of land, $15,377 and $15,599 of building and improvements, net of $6,695 and $6,516 of accumulated depreciation, $2,717 and $2,767 of other assets included in other line items, $13,146 and $13,295 of real estate debt, net, $983 and $966 of other liabilities included in other line items and $1,101 and $1,150 of non-controlling interests as of March 31, 2025 and December 31, 2024, respectively.