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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 23,771 $ 22,211 $ 72,486 $ 66,707
Operating expenses:        
Depreciation and amortization 6,698 6,133 20,070 18,119
Real estate expenses 4,824 4,231 14,753 12,677
General and administrative 4,128 3,886 12,236 11,585
Impairment loss 1,300   1,300 1,086
State tax expense 29 74 2 184
Total operating expenses 16,979 14,324 48,361 43,651
Other operating income        
Gain on sale of real estate, net 9,071 2,115 16,712 11,347
Operating income 15,863 10,002 40,837 34,403
Other income and expenses:        
Equity in earnings (loss) of unconsolidated joint ventures 24 (9) 100 87
Equity in earnings from sale of unconsolidated joint venture properties 991   991  
Other income 85 353 411 896
Interest:        
Expense (5,617) (4,932) (16,896) (14,399)
Amortization and write-off of deferred financing costs (241) (225) (751) (741)
Net income 11,105 5,189 24,692 20,246
Net income attributable to non-controlling interests (627) (12) (1,628) (361)
Net income attributable to One Liberty Properties, Inc. $ 10,478 $ 5,177 $ 23,064 $ 19,885
Weighted average number of common shares outstanding:        
Basic (in shares) 20,883 20,635 20,852 20,578
Diluted (in shares) 20,946 20,753 20,916 20,677
Earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.48 $ 0.24 $ 1.06 $ 0.92
Diluted (in dollars per share) 0.48 0.23 1.05 0.91
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45 $ 1.35 $ 1.35
Rental income, net        
Revenues:        
Total revenues $ 23,771 $ 22,211 $ 72,420 $ 66,457
Lease termination fees        
Revenues:        
Total revenues     $ 66 $ 250