v3.26.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total revenues $ 26,602 $ 23,771 $ 81,892 $ 72,486
Operating expenses:        
Depreciation and amortization 8,311 6,698 25,339 20,070
Real estate expenses 5,281 4,824 15,922 14,753
General and administrative 4,288 4,128 12,616 12,236
Impairment loss 1,422 1,300 1,564 1,300
State tax expense (benefit) 30 29 210 2
Total operating expenses 19,332 16,979 55,651 48,361
Other operating income        
Gain on sale of real estate, net 887 9,071 18,196 16,712
Operating income 8,157 15,863 44,437 40,837
Other income and expenses:        
Other income 53 109 103 511
Equity in earnings (loss) from sale of unconsolidated joint venture properties   991   991
Interest:        
Expense (6,795) (5,617) (20,613) (16,896)
Amortization and write-off of deferred financing costs (311) (241) (918) (751)
Net income 1,104 11,105 23,009 24,692
Net income attributable to non-controlling interests (8) (627) (18) (1,628)
Net income attributable to One Liberty Properties, Inc. $ 1,096 $ 10,478 $ 22,991 $ 23,064
Weighted average number of common shares outstanding:        
Basic (in shares) 21,126 20,883 21,085 20,852
Diluted (in shares) 21,168 20,946 21,141 20,916
Earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.04 $ 0.48 $ 1.04 $ 1.06
Diluted (in dollars per share) 0.04 0.48 1.04 1.05
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 $ 26,602 $ 23,771 $ 80,565 $ 72,420
Lease termination fees        
Revenues:        
Total revenues     $ 1,327 $ 66