XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 24,545,000 $ 21,800,000 $ 48,715,000 $ 44,496,000
Operating expenses:        
Depreciation and amortization 6,827,000 5,965,000 13,372,000 11,986,000
Real estate expenses 4,891,000 3,976,000 9,929,000 8,446,000
General and administrative 3,938,000 3,776,000 8,108,000 7,699,000
Impairment loss   1,086,000   1,086,000
State tax expense (benefit) 67,000 47,000 (27,000) 110,000
Total operating expenses 15,723,000 14,850,000 31,382,000 29,327,000
Other operating income        
(Loss) Gain on Sale of Real Estate, Net 6,531,000 7,448,000 7,641,000 9,232,000
Operating income 15,353,000 14,398,000 24,974,000 24,401,000
Other income and expenses:        
Equity in earnings (loss) of unconsolidated joint ventures 51,000 43,000 76,000 96,000
Other income 138,000 276,000 326,000 543,000
Interest:        
Expense (5,847,000) (4,750,000) (11,279,000) (9,467,000)
Amortization and write-off of deferred financing costs (277,000) (290,000) (510,000) (516,000)
Net income 9,418,000 9,677,000 13,587,000 15,057,000
Net income attributable to non-controlling interests (987,000) (124,000) (1,001,000) (349,000)
Net income attributable to One Liberty Properties, Inc. $ 8,431,000 $ 9,553,000 $ 12,586,000 $ 14,708,000
Weighted average number of common shares outstanding:        
Basic (in shares) 20,853 20,590 20,836 20,550
Diluted (in shares) 20,967 20,683 20,948 20,632
Earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.39 $ 0.45 $ 0.57 $ 0.68
Diluted (in dollars per share) 0.39 0.45 0.57 0.68
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 $ 24,479,000 $ 21,800,000 $ 48,649,000 $ 44,246,000
Lease termination fees        
Revenues:        
Total revenues $ 66,000   $ 66,000 $ 250,000