Company Quick10K Filing
One Liberty Properties
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 19 $556
10-K 2020-03-16 Annual: 2019-12-31
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-03-18 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-03-14 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-03-10 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-12 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-03-17 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-08 Quarter: 2013-03-31
10-K 2013-03-15 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-09 Quarter: 2012-03-31
10-K 2012-03-14 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-12 Annual: 2009-12-31
8-K 2020-03-13 Earnings, Exhibits
8-K 2019-12-11 Other Events, Exhibits
8-K 2019-11-22 Regulation FD, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-09-11 Officers
8-K 2019-08-09 Enter Agreement, Leave Agreement, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-07-01 Enter Agreement, Off-BS Arrangement
8-K 2019-06-13 Code of Ethics, Shareholder Vote, Exhibits
8-K 2019-05-10 Regulation FD, Exhibits
8-K 2019-05-07 Earnings, Exhibits
8-K 2019-03-18 Earnings, Exhibits
8-K 2018-12-04 Other Events
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-09-28 Regulation FD, Exhibits
8-K 2018-08-06 Earnings, Exhibits
8-K 2018-06-13 Shareholder Vote
8-K 2018-06-01 Regulation FD, Exhibits
8-K 2018-05-03 Earnings, Exhibits
8-K 2018-03-13 Earnings, Exhibits
8-K 2017-11-07 Regulation FD, Exhibits

One Liberty Properties Financials

OLP Metrics, Comps, Filings

Annual | Quarterly

Business

We are a self-administered and self-managed real estate investment trust, also known as a REIT. We were incorporated in Maryland on December 20, 1982. We acquire, own and manage a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties, many of which are subject to long-term leases. Most of our leases are "net leases" under which the tenant, directly or indirectly, is responsible for paying the real estate taxes, insurance and ordinary maintenance and repairs of the property. As of December 31, 2018, we own 119 properties and participate in joint ventures that own four properties. These 123 properties are located in 30 states and have an aggregate of approximately 10.4 million square feet (including an aggregate of approximately 373,000 square feet at properties owned by our joint ventures).

- our 2019 contractual rental income (as described in "-Our Tenants") is $69.4 million; - the occupancy rate of our properties is 99.2% based on square footage; - the weighted average remaining term of our mortgage debt is 8.7 years and the weighted average interest rate thereon is 4.26%; and - the weighted average remaining term of the leases generating our 2019 contractual rental income is 7.7 years.

- our rental income, net, increased by $2.1 million, or 3.1%, from 2017. - we acquired eight industrial properties for an aggregate purchase price of $79.5 million. The acquired properties account for $5.6 million, or 8.1%, of our 2019 contractual rental income. - we sold three properties for a net gain on sale of real estate of $5.3 million. The properties sold accounted for 3.0% and 4.7% of 2018 and 2017 rental income, net, respectively. - unconsolidated joint ventures in which we have 50% equity interest sold a (i) property and (ii) land parcel and the building thereon-our 50% share of the aggregate gains from these sales was $2.1 million, which is included in equity in earnings from sale of unconsolidated joint venture properties. - we obtained proceeds of $61.7 million from mortgage financings, including $14.7 million of refinanced amounts. - we raised net proceeds of approximately $3.1 million from the issuance of 126,300 shares of common stock pursuant to our at-the-market equity offering program.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Corepoint Lodging (CPLG) 606,144 0% -32.9 -11% 2,323,000 1,139,000 841,000 0 -244,000 -46,000 1,515,144
Preferred Apartment Communities (APTS) 651,011 0% 14.2 0% 5,267,647 3,404,717 340,335 0 21,735 215,336 3,065,639
Ready Capital (RC) 707,927 5.4 2% 4,123,019 3,384,008 0 0 83,622 185,937 997,192
Hersha Hospitality Trust (HT) 576,616 0% 10.7 0% 2,139,062 1,250,224 397,289 0 873 115,308 1,231,450
Capstead Mortgage (CMO) 722,790 5.0 -1% 11,534,687 10,462,931 0 0 -68,010 132,215 654,586
New Senior Investment Group (SNR) 592,787 0% 39.7 -4% 2,203,871 1,912,360 467,693 0 -78,556 59,570 2,367,690
One Liberty Properties (OLP) 535,614 0% 11.6 2% 785,141 493,173 82,558 0 13,870 45,264 524,391
UMH Properties (UMH) 566,047 69% 8.4 2% 1,010,152 473,518 143,091 98,729 24,219 65,456 547,879
Western Asset Mortgage Capital (WMC) 532,776 2.3 1% 5,254,481 4,690,121 0 0 40,555 195,937 446,163
Whitestone REIT (WSR) 572,784 21% 21.0 2% 1,011,760 679,003 119,052 25,538 16,766 56,693 1,190,128
Corenergy Infrastructure Trust (CORR) 632,484 93% 15.6 2% 655,809 179,838 87,136 81,409 14,768 43,152 672,406
City Office REIT (CIO) 677,541 0% 21.8 -1% 1,190,017 721,857 151,404 0 -7,230 59,841 1,302,074
Pennsylvania REIT (PEI) 446,988 39% 6.1 -3% 2,334,046 1,871,556 248,071 97,807 -74,352 70,720 429,096
Jernigan Capital (JCAP) 439,623 0% 6.8 8% 776,233 186,816 42,631 0 60,193 69,265 473,837
Great Ajax (AJX) 430,060 4.7 2% 1,553,686 1,195,722 0 0 29,970 79,924 372,134
Ares Commercial Real Estate (ACRE) 454,953 0% 28.7 2% 1,674,697 1,248,953 70,204 0 37,350 43,085 1,234,807
Dynex Capital (DX) 355,358 -2.2 -4% 5,487,401 4,902,954 0 0 -207,803 -100,405 216,423
Global Medical REIT (GMRE) 413,343 0% 10.5 2% 812,318 440,875 64,651 0 16,317 42,602 446,992
Anworth Mortgage Asset (ANH) 345,687 113.6 -3% 4,581,761 4,027,669 0 0 -121,095 6,078 690,585
Spirit Mta REIT (SMTA) 359,091 0% -15.5 -13% 2,012,651 2,037,210 168,686 0 -264,900 -142,535 2,213,149

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash12,6681,10416,6311,6071,0746434431,106
Accounts Receivable
Inventory
PP&E412,611410,525496,187504,850562,257651,213666,374705,459
Assets460,736481,166571,898590,439650,378733,445742,586780,912
Accounts Payable
Long-Term Debt
Liabilities241,789243,107321,808334,535387,952441,518444,084482,317
Stockholders' Equity218,285237,128248,932254,276260,495290,133296,760297,146
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue45,24044,75050,97979,126
Cost of Revenue
Gross Profit
R&D
SG&A7,0177,3177,8018,7969,52710,69311,27911,937
Tax706878907036
Net Income13,72032,30817,92422,21021,90724,48124,24921,564
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating21,80222,31426,93731,80333,91631,40544,55742,646
Cash Investing-18,444-12,915-91,688-13,758-73,498-80,911-23,444-59,661
Cash Financing1,578-7,49066,805-14,33231,97454,190-24,76719,080