CONSOLIDATED BALANCE SHEETS - USD ($)
|
Dec. 31, 2016 |
Dec. 31, 2015 |
| Real estate investments, at cost |
|
|
| Land |
$ 211,432,000
|
$ 186,994,000
|
| Buildings and improvements |
536,633,000
|
460,379,000
|
| Total real estate investments, at cost |
748,065,000
|
647,373,000
|
| Less accumulated depreciation |
96,852,000
|
85,116,000
|
| Real estate investments, net |
651,213,000
|
562,257,000
|
| Properties held-for-sale |
|
12,259,000
|
| Investment in unconsolidated joint ventures |
10,833,000
|
11,350,000
|
| Cash and cash equivalents |
17,420,000
|
12,736,000
|
| Restricted cash |
643,000
|
1,074,000
|
| Unbilled rent receivable (including $712 related to properties held-for-sale in 2015) |
13,797,000
|
13,577,000
|
| Unamortized intangible lease assets, net |
32,645,000
|
28,978,000
|
| Escrow, deposits and other assets and receivables |
6,894,000
|
4,268,000
|
| Total assets |
733,445,000
|
646,499,000
|
| Liabilities: |
|
|
| Mortgages payable, net of $4,294 and $3,373 deferred financing costs, respectively |
394,898,000
|
331,055,000
|
| Line of credit, net of $936 and $506 deferred financing costs, respectively |
9,064,000
|
17,744,000
|
| Dividends payable |
7,806,000
|
6,901,000
|
| Accrued expenses and other liabilities |
10,470,000
|
13,852,000
|
| Unamortized intangible lease liabilities, net |
19,280,000
|
14,521,000
|
| Total liabilities |
441,518,000
|
384,073,000
|
| Commitments and contingencies |
|
|
| One Liberty Properties, Inc. stockholders' equity: |
|
|
| Preferred stock, $1 par value; 12,500 shares authorized; none issued |
|
|
| Common stock, $1 par value; 25,000 shares authorized; 17,600 and 16,292 shares issued and outstanding |
17,600,000
|
16,292,000
|
| Paid-in capital |
262,511,000
|
232,378,000
|
| Accumulated other comprehensive loss |
(1,479,000)
|
(4,390,000)
|
| Accumulated undistributed net income |
11,501,000
|
16,215,000
|
| Total One Liberty Properties, Inc. stockholders' equity |
290,133,000
|
260,495,000
|
| Non-controlling interests in consolidated joint ventures |
1,794,000
|
1,931,000
|
| Total equity |
291,927,000
|
262,426,000
|
| Total liabilities and equity |
$ 733,445,000
|
$ 646,499,000
|