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FAIR VALUE MEASUREMENTS (Details 2) (Interest rate derivatives, Cash flow hedges, USD $) | 12 Months Ended
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Dec. 31, 2014 item
Interest rate derivatives | Cash flow hedges |
Fair Value Measurements |
Number of interest rate derivatives held | 17 us-gaap_DerivativeNumberOfInstrumentsHeld / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Number of mortgage loans outstanding | 17 olp_DerivativeNumberOfMortgageLoansOutstanding / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Notional Amount | $ 80,372,000 invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Weighted average maturity | 7 years 1 month 28 days
Fixed annual interest rate lower end of range (as a percent) | 3.55%us-gaap_DerivativeLowerFixedInterestRateRange / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Fixed annual interest rate higher end of range (as a percent) | 5.75%us-gaap_DerivativeHigherFixedInterestRateRange / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember
Weighted average annual interest rate (as a percent) | 4.84%us-gaap_DerivativeAverageFixedInterestRate / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember / us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis = us-gaap_CashFlowHedgingMember

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- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
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Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

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- Definition Represents the number of mortgage loans outstanding related to derivative instruments at the balance sheet date. + References No definition available. + Details
Name: | olp_DerivativeNumberOfMortgageLoansOutstanding
Namespace Prefix: | olp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

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- Definition Average fixed interest rate related to the group of interest rate derivatives. + References No definition available. + Details
Name: | us-gaap_DerivativeAverageFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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- Definition Average remaining period until maturity of the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeAverageRemainingMaturity1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

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- Definition High end of the range of fixed interest rates when a range is presented for a group of interest rate derivatives. + References No definition available. + Details
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Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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- Details
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Data Type: | xbrli:stringItemType
Balance Type: | na
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- Definition Low end of the range of fixed interest rates when a range is presented for a group of interest rate derivatives. + References No definition available. + Details
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Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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- Definition The number of derivative instruments of a particular group held by the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579245-113959 + Details
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Namespace Prefix: | us-gaap_
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