XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.22.1

LEASES - As Lessor (Details) | 1 Months Ended | 3 Months Ended | 12 Months Ended | 20 Months Ended | 28 Months Ended
--- | --- | --- | --- | --- | ---
Apr. 30, 2022 USD ($) | Mar. 31, 2022 USD ($) | Mar. 31, 2021 USD ($) | Dec. 31, 2021 USD ($) item | Dec. 31, 2020 USD ($) | Apr. 30, 2022 USD ($) | Apr. 30, 2022 USD ($)
Lessor Accounting |  |  |  |  |  |  |
Operating Lease, option to extend |  | true |  |  |  |  |
Operating Lease, option to terminate |  | true |  |  |  |  |
Practical expedient, single lease component |  | false |  |  |  |  |
Components of lease revenues |  |  |  |  |  |  |
Fixed lease revenues |  | $ 18,341,000 | $ 17,465,000 |  |  |  |
Variable lease revenues |  | 3,001,000 | 2,987,000 |  |  |  |
Lease revenues |  | 21,342,000 | 20,452,000 |  |  |  |
Amortization of intangibles relating to leases, net |  | 189,000 | $ 232,000 |  |  |  |
COVID-19 | Tenants, excluding Regal Cinemas |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Deferred lease rent |  |  |  |  | $ 3,360,000 |  |
Repayments of COVID-19 related deferred rent | $ 14,000 | 43,000 |  | $ 2,679,000 | $ 497,000 |  | $ 3,233,000
Percentage of deferred rent that has been repaid |  |  |  |  |  |  | 96.20%
Deferred rents outstanding |  | 116,000 |  |  |  |  |
COVID-19 | Tenants, excluding Regal Cinemas | Rents expected to be collected during the remainder of 2022 |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Deferred rents outstanding |  | 104,000 |  |  |  |  |
COVID-19 | Tenants, excluding Regal Cinemas | Rents expected to be collected during 2023 |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Deferred rents outstanding |  | 12,000 |  |  |  |  |
COVID-19 | Regal Cinemas |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Number of properties included in lease amendment | item |  |  |  | 2 |  |  |
Repayments of COVID-19 related deferred rent | $ 80,000 | 242,000 |  |  |  | $ 322,000 |
Percentage of deferred rent that has been repaid |  |  |  |  |  | 22.20% |
Number of leases extended | item |  |  |  | 1 |  |  |
Renewal term |  |  |  | 2 years |  |  |
COVID-19 | Regal Cinemas | Rents originally payable from September 2020 to August 2021 |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Lease income deferred but not accrued |  | 1,207,000 |  | $ 1,449,000 |  |  |
Rent amount the tenant agreed to pay |  |  |  | $ 441,000 |  |  |
COVID-19 | Regal Cinemas | Rents expected to be collected during the remainder of 2022 through June 2023 |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |
Deferred rents outstanding |  | $ 1,127,000 |  |  |  |  |

X
- Definition The amount of rent concessions recognized as deferred lease revenue during the period. + References No definition available. + Details
Name: | olp_DeferredLeaseIncomeRentConcessions
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of rental income deferred but not accrued due to collection was deemed less than probable. + References No definition available. + Details
Name: | olp_DeferredRentalIncomeNotAccrued
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of payments the tenant has agreed to pay under terms of the lease amendment. + References No definition available. + Details
Name: | olp_LeaseAmendmentAmountOfRenegotiatedPayments
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of real estate properties included in a lease amendment. + References No definition available. + Details
Name: | olp_NumberOfPropertiesIncludedInLeaseAmendment
Namespace Prefix: | olp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of leases extended. + References No definition available. + Details
Name: | olp_OperatingLeasesLessorNumberOfLeasesExtended
Namespace Prefix: | olp_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of COVID-19 related deferred rent repaid during the reporting period. + References No definition available. + Details
Name: | olp_RepaymentsOfCovid19RelatedDeferredRent
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The percentage of deferred rent that has been repaid. + References No definition available. + Details
Name: | olp_RepaymentsOfCovid19RelatedDeferredRentPercentageRepaid
Namespace Prefix: | olp_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of non-cash amortization of intangible asset (liability) for above and below market leases. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
Name: | us-gaap_AmortizationOfAboveAndBelowMarketLeases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of deferred income excluding obligation to transfer product and service to customer for which consideration has been received or is receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 25 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28183603&loc=d3e692-112598 + Details
Name: | us-gaap_DeferredIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Indicates (true false) whether practical expedient is elected to account for lease component and nonlease component as single lease component. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL117410129-209981 + Details
Name: | us-gaap_LeasePracticalExpedientLessorSingleLeaseComponent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:booleanItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_LessorDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LessorOperatingLeaseDescriptionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates (true false) whether lessor has option to extend operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919359-209981 + Details
Name: | us-gaap_LessorOperatingLeaseExistenceOfOptionToExtend
Namespace Prefix: | us-gaap_
Data Type: | xbrli:booleanItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates (true false) whether lessor has option to terminate operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919359-209981 + Details
Name: | us-gaap_LessorOperatingLeaseExistenceOfOptionToTerminate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:booleanItemType
Balance Type: | na
Period Type: | duration

X
- Definition Term of lessor's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919359-209981 + Details
Name: | us-gaap_LessorOperatingLeaseRenewalTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123420820&loc=SL77919311-209978 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL77927221-108306 + Details
Name: | us-gaap_OperatingLeaseLeaseIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of operating lease income from lease payments paid and payable to lessor. Excludes variable lease payments not included in measurement of lease receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL77927221-108306 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeLeasePayments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of operating lease income from variable lease payments paid and payable to lessor, excluding amount included in measurement of lease receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL77927221-108306 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 + Details
Name: | us-gaap_OperatingLeaseVariableLeaseIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OperatingLeasesLeaseIncomeAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_UnusualOrInfrequentItemAxis=olp_Covid19Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=olp_TenantsExcludingRegalCinemasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=olp_RentsExpectedToBeCollectedDuring2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=olp_RentsExpectedToBeCollectedDuring2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=olp_RegalCinemasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=olp_RentsPayableFromSeptember2020ToAugust2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=olp_RentsExpectedToBeCollectedDuringRemainderOf2022ThroughJune2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |