Company: OLP
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001558370-25-006509
Chunk: 2

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1F
Chunk 2
---
Item 1.    Financial Statements

​

ONE LIBERTY PROPERTIES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Amounts in Thousands, Except Par Value)

​

​​​​​​​​​March 31, ​December 31, ​​2025    2024ASSETS​(Unaudited)​​​Real estate investments, at cost​​​​​​Land​$ 171,810​$ 165,708Buildings and improvements​​ 768,792​​ 695,044Total real estate investments, at cost​​ 940,602​​ 860,752Less accumulated depreciation​​ 193,286​​ 188,447Real estate investments, net​​ 747,316​​ 672,305​​​​​​​Investment in unconsolidated joint ventures​​ 1,506​​ 2,101Cash and cash equivalents​​ 8,162​​ 42,315Unbilled rent receivable​​ 17,283​​ 16,988Unamortized intangible lease assets, net​​ 20,253​​ 13,649Escrow, deposits and other assets and receivables​​ 17,168​​ 19,596Total assets(1)​$ 811,688​$ 766,954LIABILITIES AND EQUITY​​​​​​Liabilities:​​​​​​Mortgages payable, net (see Note 8)​$ 465,971​$ 420,555Line of credit​​ 5,000​​ —Dividends payable​​ 10,212​​ 10,049Accrued expenses and other liabilities​​ 13,547​​ 16,023Unamortized intangible lease liabilities, net​​ 12,626​​ 11,752Total liabilities(1)​​ 507,356​​ 458,379​​​​​​​Commitments and contingencies​​​​​​​​​​​​​Equity:​​​​​​One Liberty Properties, Inc. stockholders’ equity:​​​​​​Preferred stock, $1 par value; 12,500 shares authorized; none issued​​ —​​ —Common stock, $1 par value; 50,000 shares authorized;  20,844 and 20,698 shares issued and outstanding​​ 20,844​​ 20,698Paid-in capital​​ 336,926​​ 335,539Accumulated other comprehensive income​​ 130​​ 208D