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Variable Interest Entities, Contingent Liabilities and Consolidated Joint Ventures (USD $)
3 Months Ended 1 Months Ended
Mar. 31, 2015
Mar. 31, 2015
item
Jun. 30, 2014
item
Dec. 31, 2014
Variable Interest Entities        
Mortgage debt $ 304,808,000us-gaap_SecuredDebt $ 304,808,000us-gaap_SecuredDebt   $ 292,049,000us-gaap_SecuredDebt
Revenue from the ground lease 252,000us-gaap_OperatingLeasesIncomeStatementLeaseRevenue      
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Carrying Amount 16,337,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets 16,337,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets    
Unbilled rent receivable 12,870,000us-gaap_DeferredRentReceivablesNet 12,870,000us-gaap_DeferredRentReceivablesNet   12,815,000us-gaap_DeferredRentReceivablesNet
Maximum Exposure to Loss 16,337,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount 16,337,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount    
Restricted cash 1,335,000us-gaap_RestrictedCashAndCashEquivalents 1,335,000us-gaap_RestrictedCashAndCashEquivalents   1,607,000us-gaap_RestrictedCashAndCashEquivalents
Land 20,132,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand 20,132,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand    
Accrued expenses and other liabilities 12,026,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 12,026,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent   12,451,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Non-controlling interests in joint ventures 2,085,000us-gaap_MinorityInterest 2,085,000us-gaap_MinorityInterest   1,628,000us-gaap_MinorityInterest
Investment in unconsolidated joint ventures 2,486,000us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures 2,486,000us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures   4,907,000us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
Noxell Corporation industrial building, Joppa, Maryland        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Ownership interest in consolidated joint venture of the company (as a percent)     95.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
 
Restricted assets 0us-gaap_OtherRestrictedAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
0us-gaap_OtherRestrictedAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Land 3,815,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
3,815,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Buildings and improvements, net of depreciation 8,016,000olp_InvestmentBuildingAndBuildingImprovementsNetOfDepreciation
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
     
Cash 451,000us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
451,000us-gaap_Cash
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Prepaid expenses and receivables 43,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
43,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Accrued expenses and other liabilities 181,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
181,000us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Non-controlling interests in joint ventures 323,000us-gaap_MinorityInterest
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
323,000us-gaap_MinorityInterest
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= olp_NoxellCorporationIndustrialBuildingJoppaMarylandMember
   
Non Variable Interest Entity | Consolidated JV        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Number of joint ventures with controlling interest 6olp_NumberOfControllingInterestJointVentures
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_NonVariableInterestEntityMember
     
Non Variable Interest Entity | Minimum | Consolidated JV        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Ownership interest in consolidated joint venture of the company (as a percent) 85.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_NonVariableInterestEntityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
85.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_NonVariableInterestEntityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
   
Non Variable Interest Entity | Maximum | Consolidated JV        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Ownership interest in consolidated joint venture of the company (as a percent) 95.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_NonVariableInterestEntityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
95.00%us-gaap_MinorityInterestOwnershipPercentageByParent
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_NonVariableInterestEntityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
   
MCB Real Estate LLC And Its Affiliates | Consolidated JV        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Number of joint ventures with controlling interest 5olp_NumberOfControllingInterestJointVentures
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_MCBRealEstateLLCAndItsAffiliatesMember
     
Investment in consolidated joint ventures 19,000,000olp_RealEstateInvestmentsConsolidatedRealEstateAndOtherJointVentures
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_MCBRealEstateLLCAndItsAffiliatesMember
19,000,000olp_RealEstateInvestmentsConsolidatedRealEstateAndOtherJointVentures
/ us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis
= olp_ConsolidatedJointVentureMember
/ dei_LegalEntityAxis
= olp_MCBRealEstateLLCAndItsAffiliatesMember
   
Land - The Meadows Apartments, Lakemoor, Illinois        
Variable Interest Entities        
Contract Purchase Price 9,300,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
9,300,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
   
Number of apartment units in the complex purchased   496olp_NumberOfApartmentComplexUnitsPurchased
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
   
Mortgage debt 43,824,000us-gaap_SecuredDebt
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
43,824,000us-gaap_SecuredDebt
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
   
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Land 9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[1] 9,528,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
[1]    
Land - The Meadows Apartments, Lakemoor, Illinois | Land        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Carrying Amount 9,528,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
9,528,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
   
Maximum Exposure to Loss 9,528,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
9,528,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_PropertyLocatedInLandMeadowsApartmentsLakemoorIllinoisMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
   
Land - River Crossing Apartments, Sandy Springs, Georgia        
Variable Interest Entities        
Contract Purchase Price     6,510,000us-gaap_PaymentsToAcquireRealEstate
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
 
Number of apartment units in the complex purchased     196olp_NumberOfApartmentComplexUnitsPurchased
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
 
Mortgage debt 16,230,000us-gaap_SecuredDebt
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
16,230,000us-gaap_SecuredDebt
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
   
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Restricted cash 1,335,000us-gaap_RestrictedCashAndCashEquivalents
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
1,335,000us-gaap_RestrictedCashAndCashEquivalents
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
   
Land - River Crossing Apartments, Sandy Springs, Georgia | Land        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Carrying Amount 6,528,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
6,528,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
   
Maximum Exposure to Loss 6,528,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
6,528,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PropertyPlantAndEquipmentMember
   
Land - River Crossing Apartments, Sandy Springs, Georgia | Unbilled rent receivable        
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure        
Carrying Amount 281,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= olp_UnbilledRentReceivableMember
281,000us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= olp_UnbilledRentReceivableMember
   
Maximum Exposure to Loss $ 281,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= olp_UnbilledRentReceivableMember
$ 281,000us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount
/ us-gaap_BusinessAcquisitionAxis
= olp_LandRiverCrossingApartmentsSandySpringGeorgiaMember
/ us-gaap_FairValueByAssetClassAxis
= olp_UnbilledRentReceivableMember
   
[1] Includes capitalized transaction costs of $228 incurred with this asset acquisition.