Company: OLP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001104659-25-107784
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Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
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Item 1.    Financial Statements

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ONE LIBERTY PROPERTIES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Amounts in Thousands, Except Par Value)

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​​​​​​​​​September 30, ​December 31, ​​2025    2024ASSETS​(Unaudited)​​​Real estate investments, at cost​​​​​​Land​$ 144,984​$ 165,708Buildings and improvements​​ 764,308​​ 695,044Total real estate investments, at cost​​ 909,292​​ 860,752Less accumulated depreciation​​ 193,810​​ 188,447Real estate investments, net​​ 715,482​​ 672,305​​​​​​​Properties held-for-sale​​ 17,229​​ —Investment in unconsolidated joint ventures​​ 203​​ 2,101Cash and cash equivalents​​ 18,800​​ 42,315Unbilled rent receivable​​ 16,861​​ 16,988Unamortized intangible lease assets, net​​ 19,520​​ 13,649Escrow, deposits and other assets and receivables​​ 14,210​​ 19,596Total assets(1)​$ 802,305​$ 766,954LIABILITIES AND EQUITY​​​​​​Liabilities:​​​​​​Mortgages payable, net (see Note 8)​$ 458,671​$ 420,555Line of credit​​ —​​ —Dividends payable​​ 10,126​​ 10,049Accrued expenses and other liabilities​​ 15,893​​ 16,023Unamortized intangible lease liabilities, net​​ 11,843​​ 11,752Total liabilities(1)​​ 496,533​​ 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;  20,898 and 20,698 shares issued and outstanding​​ 20,898​​ 20,698Paid-in capital​​ 339,935​​ 335,539Accumulated other comprehensive income​​