v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 28,290 $ 24,170
Operating expenses:    
Depreciation and amortization 8,570 6,545
Real estate expenses 5,712 5,038
General and administrative 4,338 4,170
State tax expense (benefit) 64 (94)
Total operating expenses 18,684 15,659
Other operating income    
Gain on sale of real estate, net 3,876 1,110
Operating income 13,482 9,621
Other income and expenses:    
Other income 39 213
Interest:    
Expense (6,958) (5,432)
Amortization and write-off of deferred financing costs (323) (233)
Net income 6,240 4,169
Net income attributable to non-controlling interests (3) (14)
Net income attributable to One Liberty Properties, Inc. $ 6,237 $ 4,155
Weighted average number of common shares outstanding:    
Basic (in shares) 21,054 20,820
Diluted (in shares) 21,123 20,951
Earnings per common share attributable to common stockholders:    
Basic (in dollars per share) $ 0.28 $ 0.18
Diluted (in dollars per share) 0.28 0.18
Cash distributions per share of common stock (in dollars per share) $ 0.45 $ 0.45
Rental income, net    
Revenues:    
Total revenues $ 26,963 $ 24,170
Lease termination fees    
Revenues:    
Total revenues $ 1,327