Company: OLP
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001558370-25-002406
Chunk: 34

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-03-06
Form: 10-K
Item: Item 7A
Chunk 34
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​   ​   ​  ​Long‑term debt​$ 33,542​$ 29,499​$ 48,524​$ 39,511​$ 86,670​$ 187,232​$ 424,978​$ 398,934​Weighted average interest rate​  4.22%    4.07%    3.80%    4.60%    4.41%    4.95%    4.56%    6.28%Variable rate:​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​Long‑term debt (1)(2)​$ —​$ —​$ —​$ —​$ —​$ —​$ —​$ —​

(1)As of December 31, 2024, there was no balance outstanding on our credit facility.  Our credit facility matures on December 31, 2026 and bears interest equal to 30-day SOFR plus the applicable margin. The applicable margin varies based on the ratio of total debt to total value. See “Item 7. Management’s Discussion and Analysis of Financial Conditions and Results of Operations—Liquidity and Capital Resources—Credit Facility.”

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(2)Excludes $7.3 million of variable rate mortgage debt. 

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Item 8.  Financial Statements and Supplementary Data.

This information appears in Item 15(a) of this Annual Report on Form 10-K and is incorporated into this Item 8 by reference thereto.

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Item 9.  Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

Not applicable.

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