XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 24,170,000 $ 22,696,000
Operating expenses:    
Depreciation and amortization 6,545,000 6,021,000
Real estate expenses 5,038,000 4,470,000
General and administrative 4,170,000 3,923,000
State tax (benefit) expense (94,000) 63,000
Total operating expenses 15,659,000 14,477,000
Other operating income    
Gain on sale of real estate, net 1,110,000 1,784,000
Operating income 9,621,000 10,003,000
Other income and expenses:    
Equity in earnings (loss) of unconsolidated joint ventures 25,000 53,000
Other income 188,000 267,000
Interest:    
Expense (5,432,000) (4,717,000)
Amortization and write-off of deferred financing costs (233,000) (226,000)
Net income 4,169,000 5,380,000
Net income attributable to non-controlling interests (14,000) (225,000)
Net income attributable to One Liberty Properties, Inc. $ 4,155,000 $ 5,155,000
Weighted average number of common shares outstanding:    
Basic (in shares) 20,820 20,509
Diluted (in shares) 20,951 20,579
Per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.18 $ 0.24
Diluted (in dollars per share) 0.18 0.23
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45
Rental income, net    
Revenues:    
Total revenues $ 24,170,000 $ 22,446,000
Lease termination fees    
Revenues:    
Total revenues   $ 250,000