---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-068976"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:18:16.555113+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# One Liberty Q3 net income $7.2M ($0.34 EPS); same-store rental income up; Regal Cinemas bankruptcy threatens future rent

## Summary
- Q3 net income $7.2M ($0.34 diluted) vs $6.1M ($0.28) YoY; includes $4.1M gain on property sale.
- FFO $9.2M ($0.44 diluted) vs $9.8M ($0.47); AFFO flat at $10.1M ($0.48) per diluted share.
- Rental income $21.5M, up 5.9% YoY; same-store rental income increased $741k.
- Regal Cinemas parent filed Chapter 11; OLP expects materially reduced rent from three properties (scheduled $3.0M next 12 months, $22.2M thereafter).
- Post-quarter: extended Shutterfly lease to 2033 with $2.0M base rent (+67%) and Power Distributor lease 7 yrs at $864k base (+10%).

## SEC filing metadata
- accession: 0001213900-22-068976
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712770/000121390022068976/0001213900-22-068976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390022068976/ea167997-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-068976
- JSON: https://secwatch.observer/filing/0001213900-22-068976.json
- Plain text: https://secwatch.observer/filing/0001213900-22-068976.txt

## Key facts
- Earnings Releases
  ONE LIBERTY PROPERTIES INC reported third quarter ended September 30, 2022 results: revenue $21.5 million, net income $7.2 million, EPS $0.34 per diluted share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $21.5 million
  - Net income: $7.2 million
  - EPS: $0.34 per diluted share
  - Result: reported results
  source text: to grow the business near-term, we believe it is prudent to ensure we are positioned to effectively navigate the evolving landscape.” Operating Results: Rental income was $21.5 million in the third quarter of 2022, compared to $20.3 million in the third quarter of 2021. Approximately $741,000 of the improvement is due to an increase in same-store rental income
  evidence_url: https://www.sec.gov/Archives/edgar/data/712770/000121390022068976/0001213900-22-068976-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.