2012 Q3 Form 10-Q Financial Statement

#000110465912076303 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $11.09M $10.87M $10.30M
YoY Change 7.74% 4.15% -1.62%
Cost Of Revenue $680.0K $650.0K $690.0K
YoY Change -1.45% -16.67% 72.5%
Gross Profit $10.66M $10.22M $8.690M
YoY Change 22.67% 5.8% -13.7%
Gross Profit Margin 96.1% 93.99% 84.4%
Selling, General & Admin $1.950M $1.770M $1.740M
YoY Change 12.07% 9.94% 7.41%
% of Gross Profit 18.29% 17.32% 20.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.630M $2.300M $2.430M
YoY Change 8.23% 6.48% 9.95%
% of Gross Profit 24.67% 22.5% 27.96%
Operating Expenses $5.147M $4.130M $5.056M
YoY Change 1.8% 4.56% 14.99%
Operating Profit $6.564M $6.090M $3.634M
YoY Change 80.63% 6.65% -40.12%
Interest Expense $3.261M -$3.130M $3.150M
YoY Change 3.52% -22.14% -13.89%
% of Operating Profit 49.68% -51.4% 86.68%
Other Income/Expense, Net $10.00K -$100.0K $10.00K
YoY Change 0.0% -350.0% -75.0%
Pretax Income $3.000M $2.830M $2.330M
YoY Change 28.76% 93.84% -2.51%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $18.41M $3.085M $2.765M
YoY Change 565.97% 88.11% -2.98%
Net Earnings / Revenue 166.0% 28.37% 26.86%
Basic Earnings Per Share $1.24 $0.21 $0.19
Diluted Earnings Per Share $1.23 $0.21 $0.19
COMMON SHARES
Basic Shares Outstanding 14.44M shares 14.21M shares 14.14M shares
Diluted Shares Outstanding 14.54M shares 14.31M shares 14.14M shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.40M $12.70M $8.400M
YoY Change 83.33% 64.94% 7.69%
Cash & Equivalents $15.43M $12.67M $8.430M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $13.30M $11.30M $12.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $28.70M $24.00M $20.60M
YoY Change 39.32% 27.66% 5.1%
LONG-TERM ASSETS
Property, Plant & Equipment $397.3M $390.4M $409.0M
YoY Change -2.85% -0.36% 8.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.60M $7.400M $5.700M
YoY Change 208.77% 34.55% 1.79%
Other Assets $11.20M $22.30M $5.100M
YoY Change 119.61% 223.19% -31.08%
Total Long-Term Assets $440.4M $428.8M $431.3M
YoY Change 2.1% 0.7% 8.56%
TOTAL ASSETS
Total Short-Term Assets $28.70M $24.00M $20.60M
Total Long-Term Assets $440.4M $428.8M $431.3M
Total Assets $469.1M $452.8M $451.9M
YoY Change 3.8% 1.84% 8.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.900M $6.000M $5.400M
YoY Change 9.26% 17.65% 17.39%
Deferred Revenue
YoY Change
Short-Term Debt $6.400M $20.00M $20.00M
YoY Change -68.0% -44.75% -28.06%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.20M $30.80M $30.20M
YoY Change -43.05% -31.71% -15.64%
LONG-TERM LIABILITIES
Long-Term Debt $210.5M $197.9M $197.8M
YoY Change 6.42% -8.08% 0.82%
Other Long-Term Liabilities $4.800M $5.200M $5.300M
YoY Change -9.43% 4.0% 8.16%
Total Long-Term Liabilities $215.3M $203.1M $203.1M
YoY Change 6.01% -7.81% 0.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.20M $30.80M $30.20M
Total Long-Term Liabilities $215.3M $203.1M $203.1M
Total Liabilities $232.6M $233.9M $233.2M
YoY Change -0.29% -11.89% -1.55%
SHAREHOLDERS EQUITY
Retained Earnings $28.32M $15.61M
YoY Change -25.58%
Common Stock $209.3M $203.7M
YoY Change 28.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $236.0M $218.3M $218.7M
YoY Change
Total Liabilities & Shareholders Equity $469.1M $452.8M $451.9M
YoY Change 3.8% 1.84% 8.4%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $18.41M $3.085M $2.765M
YoY Change 565.97% 88.11% -2.98%
Depreciation, Depletion And Amortization $2.630M $2.300M $2.430M
YoY Change 8.23% 6.48% 9.95%
Cash From Operating Activities $5.040M $5.700M $6.150M
YoY Change -18.05% -4.2% 49.64%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$6.520M -$20.28M
YoY Change -97.53% -55.92% 152.87%
Acquisitions
YoY Change
Other Investing Activities $18.01M -$140.0K $30.00K
YoY Change 59933.33% -41.67% -99.43%
Cash From Investing Activities $17.50M -$6.680M -$20.24M
YoY Change -186.46% -55.53% 633.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -22.45M 5.210M 11.08M
YoY Change -302.62% -42.18% -192.1%
NET CHANGE
Cash From Operating Activities 5.040M 5.700M 6.150M
Cash From Investing Activities 17.50M -6.680M -20.24M
Cash From Financing Activities -22.45M 5.210M 11.08M
Net Change In Cash 90.00K 4.230M -3.010M
YoY Change -102.99% -7150.0% -71.82%
FREE CASH FLOW
Cash From Operating Activities $5.040M $5.700M $6.150M
Capital Expenditures -$500.0K -$6.520M -$20.28M
Free Cash Flow $5.540M $12.22M $26.43M
YoY Change -79.04% -41.08% 117.89%

Facts In Submission

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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2043000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
26843000 USD
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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
9630000 USD
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58000 USD
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
117000 USD
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127000 USD
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126000 USD
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5 item
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9000 USD
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100000 shares
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EarningsPerShareBasic
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EarningsPerShareDiluted
1.84
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VariableInterestEntityOwnershipPercentage
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NetIncomeLoss
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
10639000 USD
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CY2011Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
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115000 USD
CY2012Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
17312000 USD
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IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9530000 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
15314000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
122000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
17856000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1578000 USD
olp Reclassification Of Real Estate Owned To Property Contributed To Joint Venture
ReclassificationOfRealEstateOwnedToPropertyContributedToJointVenture
11829000 USD
olp Weighted Average Common Shares
WeightedAverageCommonShares
14370000 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
408000 shares
CY2011Q4 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
6970000 USD
CY2011Q4 olp Assets Related To Property Held For Sale
AssetsRelatedToPropertyHeldForSale
502000 USD
olp Weighted Average Common Shares
WeightedAverageCommonShares
13663000 shares
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
3106000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9543000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9061000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
122000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1578000 USD
us-gaap Interest Paid
InterestPaid
10386000 USD
olp Noncash Allocation Of Intangible Lease Assets
NoncashAllocationOfIntangibleLeaseAssets
3487000 USD
olp Noncash Allocation Of Intangible Lease Liability
NoncashAllocationOfIntangibleLeaseLiability
11000 USD
CY2011Q3 olp Weighted Average Common Shares
WeightedAverageCommonShares
14143000 shares
CY2012Q3 olp Weighted Average Common Shares
WeightedAverageCommonShares
14443000 shares
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
15314000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
17856000 USD
CY2011Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
230000 USD
olp Number Of Derivative Agreements In Which Parent Company Could Be Liable In Event Of Subsidiary Default
NumberOfDerivativeAgreementsInWhichParentCompanyCouldBeLiableInEventOfSubsidiaryDefault
1 agreement
CY2011Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
10986000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
345000 USD
olp Number Of Tenants From Whom Bad Debt Is Recovered
NumberOfTenantsFromWhomBadDebtIsRecovered
1 item
CY2012Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
15050000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
602000 USD
olp Discontinued Operation Number Of Properties Whose Operations Are Included In Discontinued Operations
DiscontinuedOperationNumberOfPropertiesWhoseOperationsAreIncludedInDiscontinuedOperations
4 property
CY2012Q3 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
100000 USD
CY2011Q3 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
117000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
332000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
352000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18414000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2650000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27386000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10294000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
18414000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2650000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
27386000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10294000 USD
olp Discontinued Operation Number Of Properties Sold Whose Net Gain And Operations Are Included In Discontinued Operations
DiscontinuedOperationNumberOfPropertiesSoldWhoseNetGainAndOperationsAreIncludedInDiscontinuedOperations
1 property
olp Number Of Properties As Transferred Assets And Liabilities Which Sold To Be Reclassified As Properties Held For Sale
NumberOfPropertiesAsTransferredAssetsAndLiabilitiesWhichSoldToBeReclassifiedAsPropertiesHeldForSale
3 property
CY2012Q4 olp Number Of Properties As Deemed Held For Sale To Be Reclassified As Properties Held For Sale
NumberOfPropertiesAsDeemedHeldForSaleToBeReclassifiedAsPropertiesHeldForSale
1 property
olp Equity Method Investment Income From Net Settlement With Former Tenant
EquityMethodInvestmentIncomeFromNetSettlementWithFormerTenant
233000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
17254000 USD
olp Share Based Compensation Arrangement By Share Based Payment Award Weighted Average Award Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardWeightedAverageAwardVestingPeriod
P3Y3M18D
CY2012Q3 olp Net Income Loss From Continuing Operations Available To Common Stockholders
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders
3100000 USD
olp Net Income Loss From Continuing Operations Available To Common Stockholders
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders
9530000 USD
CY2011Q3 olp Net Income Loss From Continuing Operations Available To Common Stockholders
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders
2528000 USD
olp Net Income Loss From Continuing Operations Available To Common Stockholders
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders
8716000 USD
olp Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic
WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic
13663000 shares
CY2011Q3 olp Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic
WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic
14143000 shares
CY2012Q3 olp Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic
WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic
14851000 shares
olp Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic
WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic
14782000 shares
CY2012Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4931000 USD
CY2012Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
5886000 USD
olp Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding
WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding
13663000 shares
CY2011Q3 olp Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding
WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding
14143000 shares
CY2012Q3 olp Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding
WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding
14951000 shares
olp Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding
WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding
14882000 shares
CY2012Q3 us-gaap Land
Land
133017000 USD
CY2012Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
327046000 USD
CY2012Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
62720000 USD
CY2012Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
3173000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15434000 USD
CY2012Q3 olp Unamortized Intangible Lease Assets
UnamortizedIntangibleLeaseAssets
14193000 USD
CY2012Q3 olp Escrow Deposits And Other Assets And Receivables
EscrowDepositsAndOtherAssetsAndReceivables
4831000 USD
CY2012Q3 olp Investment In Related Party
InvestmentInRelatedParty
241000 USD
CY2012Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3185000 USD
CY2012Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
13346000 USD
CY2012Q3 us-gaap Secured Debt
SecuredDebt
210545000 USD
CY2012Q3 us-gaap Line Of Credit
LineOfCredit
6350000 USD
CY2012Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
4843000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
14535000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
194746000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
28319000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
478000 USD
CY2012Q3 olp Assets Related To Property Held For Sale
AssetsRelatedToPropertyHeldForSale
87000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11792000 USD
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2503000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1911000 USD
CY2012Q3 olp Costs Of Acquiring Real Estate
CostsOfAcquiringRealEstate
93000 USD
CY2012Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
644000 USD
CY2012Q3 olp Leasehold Rent
LeaseholdRent
77000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
61000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
3383000 USD
CY2012Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
202000 USD
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14443000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14543000 shares
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.21
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.03
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.21
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.02
CY2012Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.64
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.20
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.64
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.21
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14370000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14470000 shares
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
34570000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
7410000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5598000 USD
olp Costs Of Acquiring Real Estate
CostsOfAcquiringRealEstate
259000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
1949000 USD
olp Leasehold Rent
LeaseholdRent
231000 USD
us-gaap Interest Expense
InterestExpense
10121000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
583000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000 USD
us-gaap Straight Line Rent
StraightLineRent
1009000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-118000 USD
CY2012Q3 olp Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture
-11000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-130000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
10000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-530000 USD
olp Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture
-36000 USD
us-gaap Profit Loss
ProfitLoss
27399000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-556000 USD
olp Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Cash Flow Impact
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxCashFlowImpact
17573000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12000 USD
olp Amortization Of Restricted Stock Expense
AmortizationOfRestrictedStockExpense
909000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
356000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7597000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
607000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
1899000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-614000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
17022000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
95000 USD
olp Payments Of Amortization Of Mortgages Payable
PaymentsOfAmortizationOfMortgagesPayable
4364000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
29758000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
38818000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2153000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
9300000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
22950000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
2520000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1560000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14546000 USD
CY2012Q3 olp Number Of Properties As Transferred Assets And Liabilities Which Sold To Be Reclassified As Properties Held For Sale
NumberOfPropertiesAsTransferredAssetsAndLiabilitiesWhichSoldToBeReclassifiedAsPropertiesHeldForSale
3 property
olp Reclassification Of Real Estate Owned To Properties Held For Sale
ReclassificationOfRealEstateOwnedToPropertiesHeldForSale
11118000 USD
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
412000 shares
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2012Q3 olp Maximum Aggregate Sales Price Of Shares To Be Sold Under Equity Offering Program
MaximumAggregateSalesPriceOfSharesToBeSoldUnderEquityOfferingProgram
50000000 USD
CY2012Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
120844 shares
CY2012Q3 olp Payment Of Commissions On Sale Of Shares
PaymentOfCommissionsOnSaleOfShares
23000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8265000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2012Q3 olp Percentage Of Tenancy In Common Interest
PercentageOfTenancyInCommonInterest
0.50 pure
CY2012Q3 us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
116000 USD
us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
173000 USD
CY2012Q3 olp Payment Of Offering Costs On Sale Of Shares
PaymentOfOfferingCostsOnSaleOfShares
143000 USD
CY2012Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2296041 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
514000 USD

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