XML 50 R40.htm IDEA: XBRL DOCUMENT
v3.23.3

REAL ESTATE INVESTMENTS - Acquisitions (Details) - USD ($) $ in Thousands |  |  |  |  |  |  | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 13, 2023 | Nov. 15, 2022 | Jun. 17, 2022 | May 16, 2022 | May 12, 2022 | Jan. 05, 2022 | Sep. 30, 2023 | Dec. 31, 2022
Real Estate Acquisitions in 2023 |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  |  |  |  |  | $ 13,400 |
Capitalized Transaction Costs |  |  |  |  |  |  | $ 109 |
Real Estate Acquisitions in 2023 | Multi-Tenant Industrial Property, Blythewood, South Carolina |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price | $ 13,400 |  |  |  |  |  |  |
Capitalized Transaction Costs | 109 |  |  |  |  |  |  |
New mortgage debt | $ 4,280 |  |  |  |  |  |  |
Interest rate (as a percent) | 4.60% |  |  |  |  |  |  |
Real Estate Acquisitions in 2022 |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  |  |  |  |  |  | $ 56,490
Capitalized Transaction Costs |  |  |  |  |  |  |  | $ 761
Real Estate Acquisitions in 2022 | Conditioned Air Company of Naples LLC, Fort Myers, Florida |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  |  |  |  | $ 8,100 |  |
Capitalized Transaction Costs |  |  |  |  |  | 66 |  |
New mortgage debt |  |  |  |  |  | $ 4,860 |  |
Interest rate (as a percent) |  |  |  |  |  | 3.09% |  |
Real Estate Acquisitions in 2022 | Q.E.P. Co., Inc., Dalton Georgia |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  |  |  | $ 17,000 |  |  |
Capitalized Transaction Costs |  |  |  |  | 330 |  |  |
New mortgage debt |  |  |  |  | $ 10,000 |  |  |
Interest rate (as a percent) |  |  |  |  | 3.50% |  |  |
Real Estate Acquisitions in 2022 | Multi-tenant, Hillside, Illinois |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  |  | $ 5,770 |  |  |  |
Capitalized Transaction Costs |  |  |  | $ 112 |  |  |  |
Real Estate Acquisitions in 2022 | Curaleaf, Inc., Lexington, Kentucky |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  |  | $ 8,430 |  |  |  |  |
Capitalized Transaction Costs |  |  | 80 |  |  |  |  |
New mortgage debt |  |  | $ 5,480 |  |  |  |  |
Interest rate (as a percent) |  |  | 3.85% |  |  |  |  |
Real Estate Acquisitions in 2022 | Two Multi Tenant Facilities In Northwood, Ohio |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
New mortgage debt |  | $ 6,034 |  |  |  |  |  |
Interest rate (as a percent) |  | 3.57% |  |  |  |  |  |
Real Estate Acquisitions in 2022 | Multi-tenant, Northwood, Ohio - 1 |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  | $ 8,629 |  |  |  |  |  |
Capitalized Transaction Costs |  | 87 |  |  |  |  |  |
New mortgage debt |  | 6,034 |  |  |  |  |  |
Real Estate Acquisitions in 2022 | Multi-tenant, Northwood, Ohio - 2 |  |  |  |  |  |  |  |
REAL ESTATE INVESTMENTS |  |  |  |  |  |  |  |
Contract Purchase Price |  | 8,561 |  |  |  |  |  |
Capitalized Transaction Costs |  | 86 |  |  |  |  |  |
New mortgage debt |  | $ 6,034 |  |  |  |  |  |

X
- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth, excluding acquisition costs. + References No definition available. + Details
Name: | olp_PaymentsToAcquireRealEstateExcludingAcquisitionCosts
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the real estate acquisition cost capitalized. + References No definition available. + Details
Name: | olp_RealEstateAcquisitionCostCapitalized
Namespace Prefix: | olp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480123/805-50-15-3 + Details
Name: | us-gaap_AssetAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of increase in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate, from new investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 948 -SubTopic 310 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29(Footnote 6)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479851/948-310-S99-1 + Details
Name: | us-gaap_MortgageLoansOnRealEstateNewMortgageLoans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=olp_RealEstateAcquisitionsIn2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_MultiTenantIndustrialPropertyBlythewoodSouthCarolinaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=olp_RealEstateAcquisitionsIn2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_ConditionedAirCompanyOfNaplesLlcIndustrialFacilityFortMyersFloridaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_Q.e.p.Co.Inc.IndustrialFacilityDaltonGeorgiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_MultiTenantIndustrialFacilityHillsideIllinoisMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_CuraleafInc.IndustrialFacilityLexingtonKentuckyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_TwoMultiTenantFacilitiesInNorthwoodOhioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_MultiTenantFacilityInNorthwoodOhio1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=olp_MultiTenantFacilityInNorthwoodOhio2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |