ONE LIBERTY PROPERTIES INC

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 6, 2025

OLP$21.35+1.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(Amounts in Thousands, Except Par Value)


· · December 31,
	2024	2023
ASSETS
Real estate investments, at cost
Land	$165,708		$172,309
Buildings and improvements	695,044		692,346
Total real estate investments, at cost	860,752		864,655
Less accumulated depreciation	188,447		182,705
Real estate investments, net	672,305		681,950

Investment in unconsolidated joint ventures	2,101		2,051
Cash and cash equivalents	42,315		26,430
Unbilled rent receivable	16,988		16,661
Unamortized intangible lease assets, net	13,649		14,681
Escrow, deposits and other assets and receivables	19,596		19,833
Total assets(1)	$766,954		$761,606
LIABILITIES AND EQUITY
Liabilities:
Mortgages payable, net (see Note 8)	$420,555		$418,347
Line of credit	—		—
Dividends payable	10,049		9,916
Accrued expenses and other liabilities	16,023		15,502
Unamortized intangible lease liabilities, net	11,752		10,096
Total liabilities(1)	458,379		453,861

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; 20,698 and 20,323 shares issued and outstanding	20,698		20,323
Paid-in capital	335,539		326,379
Accumulated other comprehensive income	208		844
Distributions in excess of net income	(49,020)		(40,843)
Total One Liberty Properties, Inc. stockholders’ equity	307,425		306,703
Non-controlling interests in consolidated joint ventures(1)	1,150		1,042
Total equity	308,575		307,745
Total liabilities and equity	$766,954		$761,606

(1)

The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 6. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $9,198 and $9,917 of land, $15,599 and $17,475 of building and improvements, net of $6,516 and $6,380 of accumulated depreciation, $2,767 and $3,158 of other assets included in other line items, $13,295 and $16,660 of real estate debt, net, $966 and $1,130 of other liabilities included in other line items, and $1,150 and $1,042 of non-controlling interests as of December 31, 2024 and 2023, respectively.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.