One Liberty Properties Inc 2026年季度报告

FORM10-Q ☒Quarterly Report Pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2026 OR Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was requiredto file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes⌧No◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes⌧No◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Non-accelerated filer⌧ Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. As of July 31, 2026, the registrant had 21,825,024 shares of common stock outstanding. One Liberty Properties,Inc. and SubsidiariesTable of Contents o.PartI —FinancialInformationItem1.Unaudited Consolidated Financial StatementsConsolidated Balance Sheets — June 30, 2026 and December31, 20251Consolidated Statements of Income — Three and six months ended June 30, 2026 and 20252Consolidated Statements of Comprehensive Income —Three and six months ended June 30, 2026 and20253Consolidated Statements of Changes in Equity — Three and six months ended June 30, 2026 and20254Consolidated Statements of Cash Flows — Six months ended June 30, 2026 and 20255Notes to Consolidated Financial Statements7Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item3.Quantitative and Qualitative Disclosures About Market Risk36Item4.Controls and Procedures36PartII — Other Information37Item5.Other Information37Item6.Exhibits37 PartI —FINANCIAL INFORMATION Item 1.Financial Statements ONE LIBERTY PROPERTIES,INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(Amounts in Thousands, Except Par Value) See accompanying notes to consolidated financial statements. ONE LIBERTY PROPERTIES,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME(Amounts in Thousands, Except Per Share Data) (Unaudited) See accompanying notes to consolidated financial statements. ONE LIBERTY PROPERTIES,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITY(Amounts in Thousands, Except Per Share Data) (Unaudited) See accompanying notes to consolidated financial statements. ONE LIBERTY PROPERTIES,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(Amounts in Thousands) (Unaudited) (Continued on Next Page) ONE LIBERTY PROPERTIES, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(Amounts in Thousands) (Unaudited) (Continued) The following table provides a reconciliation of cash, cash equivalents, and restricted cash reportedwithin the consolidated balance sheets that sum to the total of the same such amounts shown in theconsolidated statements of cash flows: Restricted cash included in escrow, deposits and other assets and receivables represents amountsrelated to real estate tax and other reserve escrows required to be held by lenders in accordance with theCompany’s mortgage agreements. The restriction on these escrow reserves will lapse when the relatedmortgage is repaid or when the related reserve conditions are satisfied. ONE LIBERTY PROPERTIES, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)JUNE 30, 2026 NOTE 1 – ORGANIZATION AND BACKGROUND One Liberty Properties, Inc. (“OLP”) was incorporated in 1982 in Maryland. OLP is a self-administeredand self-managed real estate investment trust (“REIT”). OLP acquires, owns and manages a geographicallydiversified portfolio consisting primarily of industrial properties. As of June 30, 2026, OLP owns 109properties, including one property owned by a consolidated joint venture. The 109 properties are located in 33states. NOTE 2 – SUMMARY ACCOUNTING POLICIES Principles of Consolidation/Basis of Preparation The accompanying unaudited consolidated financial statements have been prepared in accor