v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 27,000 $ 24,545 $ 55,290 $ 48,715
Operating expenses:        
Depreciation and amortization 8,458 6,827 17,028 13,372
Real estate expenses 4,929 4,891 10,641 9,929
General and administrative 3,990 3,938 8,328 8,108
Impairment loss 142   142  
State tax expense (benefit) 116 67 180 (27)
Total operating expenses 17,635 15,723 36,319 31,382
Other operating income        
Gain (loss) on sale of real estate, net 13,433 6,531 17,309 7,641
Operating income 22,798 15,353 36,280 24,974
Other income and expenses:        
Other income 11 189 50 402
Interest:        
Expense (6,860) (5,847) (13,818) (11,279)
Amortization and write-off of deferred financing costs (284) (277) (607) (510)
Net income 15,665 9,418 21,905 13,587
Net income attributable to non-controlling interests (7) (987) (10) (1,001)
Net income attributable to One Liberty Properties, Inc. $ 15,658 $ 8,431 $ 21,895 $ 12,586
Weighted average number of common shares outstanding:        
Basic (in shares) 21,075 20,853 21,065 20,836
Diluted (in shares) 21,198 20,967 21,176 20,948
Earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.72 $ 0.39 $ 1 $ 0.57
Diluted (in dollars per share) 0.71 0.39 1 0.57
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 $ 27,000 $ 24,479 $ 53,963 $ 48,649
Lease termination fees        
Revenues:        
Total revenues   $ 66 $ 1,327 $ 66