Company: OLP
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001558370-25-010447
Chunk: 2

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1F
Chunk 2
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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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​​​​​​​​​June 30, ​December 31, ​​2025    2024ASSETS​(Unaudited)​​​Real estate investments, at cost​​​​​​Land​$ 165,259​$ 165,708Buildings and improvements​​ 751,635​​ 695,044Total real estate investments, at cost​​ 916,894​​ 860,752Less accumulated depreciation​​ 192,645​​ 188,447Real estate investments, net​​ 724,249​​ 672,305​​​​​​​Investment in unconsolidated joint ventures​​ 1,557​​ 2,101Cash and cash equivalents​​ 19,043​​ 42,315Unbilled rent receivable​​ 17,031​​ 16,988Unamortized intangible lease assets, net​​ 18,961​​ 13,649Escrow, deposits and other assets and receivables​​ 14,744​​ 19,596Total assets(1)​$ 795,585​$ 766,954LIABILITIES AND EQUITY​​​​​​Liabilities:​​​​​​Mortgages payable, net (see Note 8)​$ 448,254​$ 420,555Line of credit​​ 6,800​​ —Dividends payable​​ 10,199​​ 10,049Accrued expenses and other liabilities​​ 14,400​​ 16,023Unamortized intangible lease liabilities, net​​ 12,168​​ 11,752Total liabilities(1)​​ 491,821​​ 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;  20,854 and 20,698 shares issued and outstanding​​ 20,854​​ 20,698Paid-in capital​​ 338,401​​ 335,539Accumulated other comprehensive income​​ 72​​ 208D