{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-040478","form_type":"8-K","ticker":"OLP","cik":"0000712770","company_name":"ONE LIBERTY PROPERTIES INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.740745+00:00","generated_at":"2026-06-02T21:15:57.402489+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"One Liberty Q1 rental income $22.4M (-2.6% YoY); FFO $0.45, AFFO $0.48; portfolio transition underway","bullets":["Rental income $22.4M (Q1 2024) vs $23.0M (Q1 2023); net income $5.2M ($0.23 diluted EPS).","FFO $9.6M ($0.45/share) vs $10.1M ($0.47); AFFO $10.2M ($0.48) vs $10.8M ($0.50).","Sold one restaurant in Q1; post-period closed industrial acquisition and four asset sales/contracts (2 retail, 1 restaurant).","Rental income decline primarily due to 11 properties sold in 2023, as previously communicated."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-040478","json":"https://secwatch.observer/filing/0001213900-24-040478.json","markdown":"https://secwatch.observer/filing/0001213900-24-040478.md","text":"https://secwatch.observer/filing/0001213900-24-040478.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712770/000121390024040478/0001213900-24-040478-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712770/000121390024040478/ea0205427-8k_one.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:15:57.402489+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8a06475187154cfc4e96a6e76073ea71bdacce30","claim":"ONE LIBERTY PROPERTIES INC reported the quarter ended March 31, 2024 results: revenue $22.4 million, net income $5.2 million, or $0.23 per diluted share, EPS $0.23 per diluted share.","evidence_excerpt":"thoughtful and disciplined approach will allow us over-time to continue strengthening our portfolio and sustainably growing our cashflow.” Operating Results: Rental income was $22.4 million in the first quarter of 2024 compared to $23.0 million in the same prior year quarter. The change is due primarily to the sale of properties in 2023. Total operating expenses","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712770/000121390024040478/0001213900-24-040478-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$22.4 million"},{"label":"Net income","value":"$5.2 million, or $0.23 per diluted share"},{"label":"EPS","value":"$0.23 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}