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Real Estate Acquisitions (Details) (USD $)
3 Months Ended 12 Months Ended 1 Months Ended
Mar. 31, 2015
tenant
Mar. 31, 2014
Dec. 31, 2014
Mar. 31, 2015
Jun. 30, 2014
Real Estate Acquisitions          
Contract Purchase Price $ 3,664,000us-gaap_PaymentsToAcquireInterestInJointVenture        
Third Party Real Estate Acquisition Costs 248,000olp_CostsOfAcquiringRealEstate 40,000olp_CostsOfAcquiringRealEstate      
Contributions from non-controlling interests 663,000us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination   639,000us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination    
Payment to purchase of partner's interest 6,300,000olp_PaymentsToPurchasePartnersInterestInUnconsolidatedJointVenture        
Purchase price fair value adjustment 960,000us-gaap_AssetsFairValueAdjustment        
Allocation of purchase price for the company's real estate acquisitions          
Land 20,132,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand     20,132,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand  
Building 24,790,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings     24,790,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings  
Building Improvements 1,379,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements     1,379,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements  
Intangible Lease Asset 2,518,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles     2,518,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles  
Intangible Lease Liability (4,813,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability     (4,813,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability  
Total 44,006,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet     44,006,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet  
Number of tenants in the property 1olp_NumberOfTenantsInProperty        
Intangible lease assets 2,518,000us-gaap_FinitelivedIntangibleAssetsAcquired1        
Intangible lease liabilities 4,782,000us-gaap_BelowMarketLeaseAcquired        
Weighted average amortization period for intangible lease assets 7 years        
Weighted average amortization period for intangible lease liabilities 6 years 8 months 12 days        
Marston Park Plaza retail stores, Lakewood, Colorado          
Real Estate Acquisitions          
Contract Purchase Price 17,485,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
[1]        
Mortgage incurred 11,853,000us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
[1],[2]        
Third Party Real Estate Acquisition Costs 184,000olp_CostsOfAcquiringRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
[1],[3]        
Ownership interest in consolidated joint venture of non-controlling interest (as a percent) 10.00%us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    10.00%us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Contributions from non-controlling interests 663,000us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
       
Interest rate (as a percent) 4.12%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    4.12%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Allocation of purchase price for the company's real estate acquisitions          
Land 6,005,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    6,005,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Building 10,109,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    10,109,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Building Improvements 700,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    700,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Intangible Lease Asset 1,493,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    1,493,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Intangible Lease Liability (822,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    (822,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Total 17,485,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
    17,485,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
 
Number of tenant spaces at the property 29olp_NumberOfTenantSpacesAtTheProperty
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
       
Percentage of property leased to tenants 94.50%olp_AcquiredPropertyPercentageLeased
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
       
Marston Park Plaza retail stores, Lakewood, Colorado | Consolidated JV          
Real Estate Acquisitions          
Ownership interest in consolidated joint venture of the company (as a percent) 90.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
    90.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyMarstonParkPlazaLakewoodColoradoMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
 
Interline Brands distribution facility, Louisville, Kentucky          
Real Estate Acquisitions          
Contract Purchase Price 4,400,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
       
Mortgage incurred 2,640,000us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
[4]        
Third Party Real Estate Acquisition Costs 44,000olp_CostsOfAcquiringRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
[3]        
Interest rate (as a percent) 3.88%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    3.88%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Allocation of purchase price for the company's real estate acquisitions          
Land 578,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    578,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Building 3,622,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    3,622,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Building Improvements 105,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    105,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Intangible Lease Asset 95,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    95,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Total 4,400,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
    4,400,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInInterlineBrandsLouisvilleKentuckyMember
 
Land - The Meadows Apartments, Lakemoor, Illinois          
Real Estate Acquisitions          
Contract Purchase Price 9,300,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
    9,300,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
 
Capitalized transaction costs incurred with the asset acquisition 228,000us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
    228,000us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
 
Allocation of purchase price for the company's real estate acquisitions          
Land 9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[5]     9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[5]  
Total 9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[5]     9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[5]  
Shopko retail store, Lincoln, Nebraska          
Real Estate Acquisitions          
Percentage of ownership in unconsolidated joint venture 100.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
    100.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
 
Allocation of purchase price for the company's real estate acquisitions          
Land 4,009,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     4,009,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Building 11,040,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     11,040,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Building Improvements 574,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     574,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Intangible Lease Asset 930,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     930,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Intangible Lease Liability (3,960,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     (3,960,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Total 12,593,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]     12,593,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
[6]  
Shopko retail store, Lincoln, Nebraska | Consolidated JV          
Real Estate Acquisitions          
Percentage of equity method investments control obtained 100.00%olp_EquityMethodInvestmentOwnershipPercentageControlObtained
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
       
Shopko retail store, Lincoln, Nebraska | Unconsolidated JV          
Real Estate Acquisitions          
Contract Purchase Price 6,300,000us-gaap_PaymentsToAcquireInterestInJointVenture
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
[7]        
Percentage of ownership in unconsolidated joint venture 50.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
    50.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
 
Payment to purchase of partner's interest 2,636,000olp_PaymentsToPurchasePartnersInterestInUnconsolidatedJointVenture
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
       
Payment to purchase substantial interest 3,664,000olp_PaymentsToPurchaseSubstantialInterestInUnconsolidatedJointVenture
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
       
Percentage of equity method investments acquired 50.00%olp_EquityMethodInvestmentOwnershipPercentageAcquired
/ us-gaap_BusinessAcquisitionAxis
= olp_RetailPropertyClemmonsNorthCarolinaMember
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_UnconsolidatedJointVenturesMember
       
Subtotals          
Real Estate Acquisitions          
Contract Purchase Price 37,485,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
       
Third Party Real Estate Acquisition Costs 248,000olp_CostsOfAcquiringRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
[3]        
Allocation of purchase price for the company's real estate acquisitions          
Land 20,120,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    20,120,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Building 24,771,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    24,771,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Building Improvements 1,379,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    1,379,000olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Intangible Lease Asset 2,518,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    2,518,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Intangible Lease Liability (4,782,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    (4,782,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Total 44,006,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
    44,006,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= olp_CurrentFiscalYearRealEstateAcquisitionsMember
 
Other          
Real Estate Acquisitions          
Third Party Real Estate Acquisition Costs 20,000olp_CostsOfAcquiringRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[3],[8]        
Allocation of purchase price for the company's real estate acquisitions          
Land 12,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]     12,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]  
Building 19,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]     19,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]  
Intangible Lease Liability (31,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]     (31,000)olp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability
/ us-gaap_BusinessAcquisitionAxis
= olp_PriorFiscalYearRealEstateAcquisitionsMember
[9]  
Land - River Crossing Apartments, Sandy Springs, Georgia          
Real Estate Acquisitions          
Contract Purchase Price         $ 6,510,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
[1] Owned by a joint venture in which the Company has a 90% interest. The non-controlling interest contributed $663 for its 10% interest, which was equal to the fair value of such interest at the date of purchase.
[2] The mortgage debt obtained in connection with the purchase bears interest at 4.12% per annum and matures February 2025.
[3] Included as an expense in the accompanying consolidated statements of income.
[4] The mortgage debt obtained in connection with the purchase bears interest at 3.88% per annum and matures February 2021.
[5] Includes capitalized transaction costs of $228 incurred with this asset acquisition.
[6] Fair value of the assets previously owned by an unconsolidated joint venture of the Company. The Company owns 100% of this property as a result of its purchase of its partner’s 50% interest on March 31, 2015.
[7] The Company purchased its unconsolidated joint venture partner's 50% interest for $6,300. The payment was comprised of (i) $2,636 paid directly to the partner and (ii) $3,664, substantially all of which was used to pay off the partner’s 50% share of the underlying joint venture mortgage.
[8] Costs incurred for transactions that were not consummated.
[9] Adjustments to finalize the purchase price allocation relating to a property purchased in October 2014.