ONE LIBERTY PROPERTIES, INC. OLP Income Statement

One liberty properties, inc. (OLP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Rental income, net
84,736	79,126	75,916	70,588	-	-	-	-	-	-	39,350
Total revenues
-	-	-	-	65,711	60,477	50,979	43,793	40,874	37,630	37,566
Operating expenses:
Depreciation and amortization
22,026	24,155	20,993	18,164	16,384	14,662	11,919	9,564	8,792	7,994	8,261
General and administrative (see Note 9 for related party information)
12,442	11,937	11,279	10,693	9,527	8,796	7,801	7,317	6,849	6,148	5,931
Real estate expenses (see Note 9 for related party information)
14,074	11,596	11,044	8,931	6,047	4,407	3,213	2,618	2,331	1,875	1,216
Real estate acquisition costs
-	-	-	596	449	479	921	823	213	1,010	59
State taxes
348	370	481	203	343	488	255	457	168	193	-
Leasehold rent
-	-	-	308	308	308	308	308	308	308	308
Impairment loss
-	-	153	-	-	1,093	62	-	-	-	229
Total operating expenses
48,890	48,058	43,950	38,895	33,058	30,233	24,417	21,087	18,661	17,528	15,775
Other operating income
Income before gain on sale of real estate, net
-	-	-	-	16,515	-	-	-	-	-	-
Gain on sale of real estate, net
4,327	5,262	9,837	10,087	5,392	10,180	-	319	-	-	-
Operating income
40,173	36,330	41,803	41,780	32,653	30,244	26,562	22,706	22,213	20,102	23,575
Other income and expenses:
Equity in earnings (loss) of unconsolidated joint ventures
16	1,304	826	1,005	412	533	651	1,368	914	992	559
Equity in earnings from sale of unconsolidated joint venture property
-	2,057	-	-	-	-	-	-	-	-	-
Purchase price fair value adjustment
-	-	-	-	960	-	-	-	-	-	-
Prepayment costs on debt
-827	-	-201	-577	-568	-1,581	-	-	1,240	-	-
Gain on disposition of real estate - unconsolidated joint venture
-	-	-	-	-	-	2,807	-	-	-	-
Gain on sale - unconsolidated joint venture interest
-	-	-	-	-	-	1,898	-	-	107	-
Gain on sale - investment in BRT Realty Trust (related party)
-	-	-	-	-	134	-	-	-	-	-
Other income
8	720	407	435	108	29	97	241	-35	308	358
Interest:
Expense
19,831	17,862	17,609	17,258	16,027	16,305	13,716	12,532	12,429	13,492	13,385
Amortization and write-off of deferred financing costs
995	985	977	904	1,023	1,037	890	774	815	579	724
Income from continuing operations
-	-	-	-	-	22,197	17,409	11,328	11,088	7,438	11,334
Income from settlement with former president
-	-	-	-	-	-	-	-	-	-	951
Income from operations
-	-	-	-	-	-	577	1,567	1,700	1,633	1,882
Gain on troubled mortgage restructuring, as a result of conveyance to mortgagee
-	-	-	-	-	-	-	-	-	-	897
Net gain on sales
-	-	-	-	-	-	-	19,413	932	235	5,757
Income from discontinued operations
-	-	-	-	-	13	515	20,980	2,632	1,868	8,307
Net income
18,544	21,564	24,249	24,481	21,907	22,210	17,924	32,308	13,720	9,306	19,641
Net income attributable to non-controlling interests
533	899	102	59	1,390	94	49	-12	-4	-	-
Net income attributable to One Liberty Properties, Inc.
18,011	20,665	24,147	24,422	20,517	22,116	17,875	32,320	13,724	9,306	19,641
Weighted average number of common shares outstanding:
Basic (in shares)
19,090	18,575	17,944	16,768	15,971	15,563	14,948	14,427	13,801	11,465	10,651
Diluted (in shares)
19,119	18,588	18,047	16,882	16,079	15,663	15,048	14,527	13,851	11,510	10,812
Per common share attributable to common stockholders:
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	1.12	0.77	0.77	0.65	1.06
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	0.03	1.41	0.19	0.16	0.78
Basic (in dollars per share)
0.88	1.05	1.29	1.40	1.23	1.37	1.15	2.18	0.96	0.81	1.84
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	1.11	0.76	0.77	0.65	1.05
Income from discontinued operations (in dollars per share)
-	-	-	-	-	-	0.03	1.40	0.19	0.16	0.77
Diluted (in dollars per share)
0.88	1.05	1.28	1.39	1.22	1.37	1.14	2.16	0.96	0.81	1.82
Rental income, net
Total revenues
83,786	78,754	75,916	64,164	58,973	56,647	49,285	42,846	-	-	-
Tenant reimbursements
Rental income, net
-	-	-	6,424	3,852	2,561	1,694	947	-	-	-
Lease termination fees
Total revenues
950	372	-	-	2,886	1,269	-	-	-	-	1,784