$OLP
ONE LIBERTY PROPERTIES INC Stock $olp

$olp Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000110465914057917 Filed on August 07, 2014

Income Statement

Concept	2014 Q2	2013 Q2
Revenue	$15.67M	$11.98M
YoY Change	30.75%	10.3%
Cost Of Revenue	$980.0K	$940.0K
YoY Change	4.26%	22.08%
Gross Profit	$14.68M	$11.05M
YoY Change	32.85%	6.97%
Gross Profit Margin	93.71%	92.23%
Selling, General & Admin	$2.210M	$2.020M
YoY Change	9.41%	13.48%
% of Gross Profit	15.05%	18.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.720M	$2.720M
YoY Change	36.76%	7.94%
% of Gross Profit	25.34%	24.62%
Operating Expenses	$7.006M	$5.763M
YoY Change	21.57%	13.38%
Operating Profit	$8.659M	$6.218M
YoY Change	39.26%	3.31%
Interest Expense	$4.035M	$3.158M
YoY Change	27.77%	-4.53%
% of Operating Profit	46.6%	50.79%
Other Income/Expense, Net	$0.00	$10.00K
YoY Change	-100.0%	-95.24%
Pretax Income	$4.660M	$7.610M
YoY Change	-38.76%	132.72%
Income Tax	$0.00
% Of Pretax Income	0.0%
Net Earnings	$4.640M	$7.736M
YoY Change	-40.02%	34.54%
Net Earnings / Revenue	29.62%	64.57%
Basic Earnings Per Share	$0.29	$0.51
Diluted Earnings Per Share	$0.29	$0.50
COMMON SHARES
Basic Shares Outstanding	15.52M shares	14.84M shares
Diluted Shares Outstanding	15.62M shares	14.94M shares

Balance Sheet

Concept	2014 Q2	2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$18.30M	$40.90M
YoY Change	-55.26%	165.58%
Cash & Equivalents	$18.34M	$40.93M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$14.40M	$13.00M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$32.70M	$53.90M
YoY Change	-39.33%	89.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$524.7M	$412.9M
YoY Change	27.08%	2.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.800M	$5.300M
YoY Change	-9.43%	-69.89%
Other Assets	$9.500M	$8.800M
YoY Change	7.95%	-3.3%
Total Long-Term Assets	$565.5M	$441.9M
YoY Change	27.97%	-0.35%
TOTAL ASSETS
Total Short-Term Assets	$32.70M	$53.90M
Total Long-Term Assets	$565.5M	$441.9M
Total Assets	$598.2M	$495.8M
YoY Change	20.65%	5.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$10.60M	$6.100M
YoY Change	73.77%	5.17%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$16.50M	$11.50M
YoY Change	43.48%	-62.05%
LONG-TERM LIABILITIES
Long-Term Debt	$321.2M	$227.9M
YoY Change	40.94%	5.17%
Other Long-Term Liabilities	$9.200M	$5.900M
YoY Change	55.93%	18.0%
Total Long-Term Liabilities	$330.4M	$233.8M
YoY Change	41.32%	5.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$16.50M	$11.50M
Total Long-Term Liabilities	$330.4M	$233.8M
Total Liabilities	$347.0M	$245.3M
YoY Change	41.49%	-2.65%
SHAREHOLDERS EQUITY
Retained Earnings	$19.97M
YoY Change
Common Stock	$232.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$249.9M	$249.4M
YoY Change
Total Liabilities & Shareholders Equity	$598.2M	$495.8M
YoY Change	20.65%	5.05%

Cashflow Statement

Concept	2014 Q2	2013 Q2
OPERATING ACTIVITIES
Net Income	$4.640M	$7.736M
YoY Change	-40.02%	34.54%
Depreciation, Depletion And Amortization	$3.720M	$2.720M
YoY Change	36.76%	7.94%
Cash From Operating Activities	$9.290M	$6.530M
YoY Change	42.27%	30.6%
INVESTING ACTIVITIES
Capital Expenditures	-$28.66M	-$1.870M
YoY Change	1432.62%	-66.18%
Acquisitions
YoY Change
Other Investing Activities	$310.0K	$18.70M
YoY Change	-98.34%	166.38%
Cash From Investing Activities	-$28.36M	$16.83M
YoY Change	-268.51%	1022.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	21.23M	1.190M
YoY Change	1684.03%	-114.27%
NET CHANGE
Cash From Operating Activities	9.290M	6.530M
Cash From Investing Activities	-28.36M	16.83M
Cash From Financing Activities	21.23M	1.190M
Net Change In Cash	2.160M	24.55M
YoY Change	-91.2%	-1434.24%
FREE CASH FLOW
Cash From Operating Activities	$9.290M	$6.530M
Capital Expenditures	-$28.66M	-$1.870M
Free Cash Flow	$37.95M	$8.400M
YoY Change	351.79%	-20.23%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.49
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.71
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.02
CY2013Q4	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4906000	USD
CY2013Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	5177000	USD
CY2013Q4	us-gaap	Land Land	153529000	USD
CY2013Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	413829000	USD
CY2013Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	567358000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	71171000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	496187000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16631000	USD
CY2013Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	13743000	USD
CY2013Q4	olp	Unamortized Intangible Lease Assets UnamortizedIntangibleLeaseAssets	26035000	USD
CY2013Q4	olp	Escrow Deposits And Other Assets And Receivables EscrowDepositsAndOtherAssetsAndReceivables	5690000	USD
CY2013Q4	olp	Investment In Related Party InvestmentInRelatedParty	262000	USD
CY2013Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3267000	USD
CY2014Q2	us-gaap	Assets Assets	598215000	USD
CY2013Q4	us-gaap	Assets Assets	571898000	USD
CY2013Q4	us-gaap	Secured Debt SecuredDebt	278045000	USD
CY2013Q4	us-gaap	Line Of Credit LineOfCredit	23250000	USD
CY2013Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5806000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	7790000	USD
CY2013Q4	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	6917000	USD
CY2014Q2	us-gaap	Liabilities Liabilities	347016000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	321808000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	15221000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	210324000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-490000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	23877000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	248932000	USD
CY2014Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	251199000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	250090000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	598215000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	571898000	USD
	olp	Number Of Unconsolidated Joint Ventures NumberOfUnconsolidatedJointVentures	5	item
CY2013	olp	Number Of Unconsolidated Joint Ventures NumberOfUnconsolidatedJointVentures	5	item
CY2014Q1	olp	Number Of Properties As Transferred Assets And Liabilities Which Sold To Be Reclassified As Properties Held For Sale NumberOfPropertiesAsTransferredAssetsAndLiabilitiesWhichSoldToBeReclassifiedAsPropertiesHeldForSale	2	item
CY2014Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1894000	USD
CY2014Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	216474000	USD
CY2014Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2014Q2	us-gaap	Available For Sale Equity Securities Amortized Cost Basis AvailableForSaleEquitySecuritiesAmortizedCostBasis	5300	USD
CY2014Q2	olp	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	19900	USD
	olp	Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares	200000	shares
CY2014Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
	olp	Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares	200000	shares
	olp	Incremental Common Shares Not Included In Computation Of Earning Per Share IncrementalCommonSharesNotIncludedInComputationOfEarningPerShare	100000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	olp	Incremental Common Shares Not Included In Computation Of Earning Per Share IncrementalCommonSharesNotIncludedInComputationOfEarningPerShare	100000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	0	shares
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	0	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	0	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15594000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15221000	shares
CY2014Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15594000	shares
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	12500000	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15221000	shares
CY2014Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	4662000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	7607000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	7949000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	10920000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	49000	USD
CY2014Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	178000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings ParticipatingSecuritiesDistributedAndUndistributedEarnings	356000	USD
CY2014Q2	olp	Net Income Loss From Continuing Operations Available To Common Stockholders NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders	4462000	USD
CY2013Q2	olp	Net Income Loss From Continuing Operations Available To Common Stockholders NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders	7591000	USD
	olp	Net Income Loss From Continuing Operations Available To Common Stockholders NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders	7544000	USD
	olp	Net Income Loss From Continuing Operations Available To Common Stockholders NetIncomeLossFromContinuingOperationsAvailableToCommonStockholders	10905000	USD
CY2013Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	145000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	13000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	281000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4462000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7736000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7557000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	11186000	USD
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15518000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14844000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15436000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14759000	shares
CY2014Q2	olp	Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic	15518000	shares
CY2013Q2	olp	Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic	15314000	shares
	olp	Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic	15436000	shares
	olp	Weighted Average Number Of Shares Outstanding Including Unvested Restricted Stock Shares Basic WeightedAverageNumberOfSharesOutstandingIncludingUnvestedRestrictedStockSharesBasic	15236000	shares
CY2014Q2	olp	Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding	15618000	shares
CY2013Q2	olp	Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding	15414000	shares
	olp	Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding	15536000	shares
	olp	Weighted Average Number Of Diluted Shares Including Unvested Restricted Stock Shares Outstanding WeightedAverageNumberOfDilutedSharesIncludingUnvestedRestrictedStockSharesOutstanding	15336000	shares
CY2014Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	12500000	shares
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	238059000	USD
CY2013	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	21999000	USD
CY2013	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	9165000	USD
CY2013	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	4235000	USD
CY2013	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	480000	USD
CY2013	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	298000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	11820000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3304000	USD
	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	2299000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	156000	USD
CY2013	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	1440000	USD
CY2013	us-gaap	Profit Loss ProfitLoss	17924000	USD
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	920000	USD
	us-gaap	Profit Loss ProfitLoss	7962000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1706000	USD
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	470000	shares
	us-gaap	Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights	477000	shares
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.51
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.49
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.50
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.49
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	4462000	USD
CY2014Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	524670000	USD
	us-gaap	Net Income Loss NetIncomeLoss	11186000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	4640000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	7591000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	7900000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	10905000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	1976000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	7736000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	11186000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	7557000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1084000	USD
	us-gaap	Net Income Loss NetIncomeLoss	7913000	USD
CY2013Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	145000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	13000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	281000	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	4640000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	7736000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	249866000	USD
CY2013	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.42
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.74
CY2013Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	11981000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	23843000	USD
CY2013Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2681000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5315000	USD
CY2013Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1944000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3904000	USD
CY2013Q2	olp	Federal Excise And State Tax Paid And Or Accrued FederalExciseAndStateTaxPaidAndOrAccrued	184000	USD
	olp	Federal Excise And State Tax Paid And Or Accrued FederalExciseAndStateTaxPaidAndOrAccrued	226000	USD
CY2013Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	751000	USD
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	1523000	USD
CY2013Q2	olp	Leasehold Rent LeaseholdRent	77000	USD
	olp	Leasehold Rent LeaseholdRent	154000	USD
CY2013Q2	olp	Costs Of Acquiring Real Estate CostsOfAcquiringRealEstate	126000	USD
	olp	Costs Of Acquiring Real Estate CostsOfAcquiringRealEstate	277000	USD
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	7006000	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	5763000	USD
	us-gaap	Operating Expenses OperatingExpenses	14071000	USD
CY2014Q2	us-gaap	Interest Expense InterestExpense	4035000	USD
	us-gaap	Operating Expenses OperatingExpenses	11399000	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	8659000	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	6218000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	15996000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	12444000	USD
CY2013Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	57000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	391000	USD
CY2013Q2	olp	Gain Loss On Disposition Of Real Estate In Unconsolidated Joint Venture GainLossOnDispositionOfRealEstateInUnconsolidatedJointVenture	2807000	USD
	olp	Gain Loss On Disposition Of Real Estate In Unconsolidated Joint Venture GainLossOnDispositionOfRealEstateInUnconsolidatedJointVenture	2807000	USD
CY2013Q2	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	1898000	USD
	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	1898000	USD
CY2013Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	11000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	80000	USD
CY2013Q2	us-gaap	Interest Expense InterestExpense	3158000	USD
	us-gaap	Interest Expense InterestExpense	6261000	USD
CY2013Q2	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	226000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	439000	USD
CY2014Q2	us-gaap	Profit Loss ProfitLoss	4662000	USD
CY2013Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	15000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.50
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.71
CY2013Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.49
CY2014Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	1989000	USD
CY2014Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	33171000	USD
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14944000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14859000	shares
CY2014Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.29
CY2013Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.35
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.70
CY2014Q2	olp	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Liability BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiability	2671000	USD
CY2014Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	15713000	USD
CY2014Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings	17131000	USD
CY2014Q2	olp	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsImprovements	1009000	USD
CY2014Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.37
	us-gaap	Share Based Compensation ShareBasedCompensation	920000	USD
CY2014Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	610000	USD
CY2013Q2	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	572000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1219000	USD
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	1144000	USD
CY2014Q2	olp	Real Estate Costs And Expenses Related Party RealEstateCostsAndExpensesRelatedParty	212000	USD
CY2013Q2	olp	Real Estate Costs And Expenses Related Party RealEstateCostsAndExpensesRelatedParty	150000	USD
	olp	Real Estate Costs And Expenses Related Party RealEstateCostsAndExpensesRelatedParty	425000	USD
	olp	Real Estate Costs And Expenses Related Party RealEstateCostsAndExpensesRelatedParty	300000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	32864000	USD
	olp	Costs Of Acquiring Real Estate CostsOfAcquiringRealEstate	128000	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
CY2014Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	113	property
CY2014Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	30	item
	us-gaap	Profit Loss ProfitLoss	11201000	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	6000	USD
	us-gaap	Straight Line Rent StraightLineRent	414000	USD
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-66000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	766000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	860000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5386000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	439000	USD
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	109000	USD
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	112000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16584000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13073000	USD
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	6215000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	627000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	5284000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	5177000	USD
	us-gaap	Payments For Lease Commissions PaymentsForLeaseCommissions	40000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	19000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28357000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	11865000	USD
	olp	Payments Of Amortization Of Mortgages Payable PaymentsOfAmortizationOfMortgagesPayable	3169000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2816000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	7867000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	7771000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	3500000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	3500000	USD
	us-gaap	Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan	2278000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	174000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	481000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	258000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10564000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	13480000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1416000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1707000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	26354000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14577000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	40931000	USD
	us-gaap	Interest Paid InterestPaid	6338000	USD
	olp	Noncash Allocation Of Intangible Lease Assets NoncashAllocationOfIntangibleLeaseAssets	762000	USD
	olp	Noncash Allocation Of Intangible Lease Liability NoncashAllocationOfIntangibleLeaseLiability	857000	USD
CY2013Q2	us-gaap	Disposal Group Including Discontinued Operation Rental Income DisposalGroupIncludingDiscontinuedOperationRentalIncome	246000	USD
	us-gaap	Disposal Group Including Discontinued Operation Rental Income DisposalGroupIncludingDiscontinuedOperationRentalIncome	141000	USD
	us-gaap	Disposal Group Including Discontinued Operation Rental Income DisposalGroupIncludingDiscontinuedOperationRentalIncome	486000	USD
	us-gaap	Depreciation And Amortization Discontinued Operations DepreciationAndAmortizationDiscontinuedOperations	72000	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	17000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	156000	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	1000	USD
CY2013Q2	us-gaap	Disposal Group Including Discontinued Operation Interest Expense DisposalGroupIncludingDiscontinuedOperationInterestExpense	65000	USD
	us-gaap	Disposal Group Including Discontinued Operation Interest Expense DisposalGroupIncludingDiscontinuedOperationInterestExpense	111000	USD
	us-gaap	Disposal Group Including Discontinued Operation Interest Expense DisposalGroupIncludingDiscontinuedOperationInterestExpense	132000	USD
CY2013Q2	olp	Disposal Group Including Discontinued Operation Costs And Expenses DisposalGroupIncludingDiscontinuedOperationCostsAndExpenses	101000	USD
	olp	Disposal Group Including Discontinued Operation Costs And Expenses DisposalGroupIncludingDiscontinuedOperationCostsAndExpenses	128000	USD
	olp	Disposal Group Including Discontinued Operation Costs And Expenses DisposalGroupIncludingDiscontinuedOperationCostsAndExpenses	205000	USD
CY2014Q1	olp	Maximum Aggregate Sales Price Of Shares To Be Sold Under Equity Offering Program MaximumAggregateSalesPriceOfSharesToBeSoldUnderEquityOfferingProgram	38360000	USD
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	156172	shares
	olp	Stock Issued During Period Value New Issues Net Proceed Before Offering Costs StockIssuedDuringPeriodValueNewIssuesNetProceedBeforeOfferingCosts	3402000	USD
	olp	Payment Of Commissions On Sale Of Shares PaymentOfCommissionsOnSaleOfShares	34000	USD
	olp	Payment Of Offering Costs On Sale Of Shares PaymentOfOfferingCostsOnSaleOfShares	98000	USD
CY2013Q2	us-gaap	Profit Loss ProfitLoss	7752000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-1000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	45000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	730000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	908000	USD
CY2013Q2	olp	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture	51000	USD
CY2014Q2	olp	Number Of Properties Owned And Operated By Each Unconsolidated Joint Venture NumberOfPropertiesOwnedAndOperatedByEachUnconsolidatedJointVenture	1	property
CY2013Q4	olp	Number Of Properties Owned And Operated By Each Unconsolidated Joint Venture NumberOfPropertiesOwnedAndOperatedByEachUnconsolidatedJointVenture	1	property
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	263000	USD
CY2014Q2	us-gaap	Land Land	169242000	USD
CY2014Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.37
CY2014Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	5948000	USD
CY2014Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	77213000	USD
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15618000	shares
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3672000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3664000	USD
CY2014Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	448000	USD
	olp	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture	61000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	780000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1014000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	6256000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12215000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	15000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	6231000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12200000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-990000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	8532000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	16000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8516000	USD
CY2014Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	432641000	USD
CY2013Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	369000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	920000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	766000	USD
	olp	Share Based Compensation Arrangement By Share Based Payment Award Weighted Average Award Vesting Period ShareBasedCompensationArrangementByShareBasedPaymentAwardWeightedAverageAwardVestingPeriod	P2Y10M24D
CY2014Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	5741000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	-14000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	-24000	USD
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><u><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Reclassification</font></u></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Certain amounts previously reported in the consolidated financial statements for the three and six months ended June 30, 2013 relating to the operations of two properties that were sold in February 2014 have been reclassified to discontinued operations in the accompanying consolidated financial statements to conform to the current period’s presentation.</font></p> </div>
CY2014Q2	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4833000	USD
CY2014Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	130000	USD
CY2014Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	14352000	USD
CY2014Q2	olp	Unamortized Intangible Lease Assets UnamortizedIntangibleLeaseAssets	26517000	USD
CY2014Q2	olp	Escrow Deposits And Other Assets And Receivables EscrowDepositsAndOtherAssetsAndReceivables	4268000	USD
CY2014Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3723000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7300000	USD
CY2014Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3343000	USD
CY2014Q2	us-gaap	Secured Debt SecuredDebt	284373000	USD
CY2014Q2	us-gaap	Line Of Credit LineOfCredit	36850000	USD
CY2014Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5948000	USD
CY2014Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	10631000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Note 1 - <u>Organization and Background</u></font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">One Liberty Properties, Inc. (“OLP”) was incorporated in 1982 in Maryland.  OLP is a self-administered and self-managed real estate investment trust (“REIT”).  OLP acquires, owns and manages a geographically diversified portfolio of retail (including furniture stores, restaurants, office supply stores and supermarkets), industrial, flex, office, health and fitness and other properties, a substantial portion of which are subject to long-term net leases.  As of June 30, 2014, OLP owned 113 properties, including six properties owned by consolidated joint ventures and five properties owned by unconsolidated joint ventures. The 113 properties are located in 30 states.</font></p> </div>
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
CY2014Q2	olp	Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares	200000	shares
CY2013Q2	olp	Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares	200000	shares
CY2014Q2	olp	Incremental Common Shares Not Included In Computation Of Earning Per Share IncrementalCommonSharesNotIncludedInComputationOfEarningPerShare	100000	shares
CY2013Q2	olp	Incremental Common Shares Not Included In Computation Of Earning Per Share IncrementalCommonSharesNotIncludedInComputationOfEarningPerShare	100000	shares
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	olp	Number Of Properties Acquired NumberOfPropertiesAcquired	4	item
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2014Q2	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2013Q4	us-gaap	Minority Interest MinorityInterest	1158000	USD
	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	13444000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18338000	USD
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	100000	shares
	dei	Entity Registrant Name EntityRegistrantName	ONE LIBERTY PROPERTIES INC
	dei	Entity Central Index Key EntityCentralIndexKey	0000712770
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2014-06-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16127360	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15536000	shares
CY2014Q2	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	9214000	USD
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	15594000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2172000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	19970000	USD
CY2014Q2	us-gaap	Minority Interest MinorityInterest	1333000	USD
CY2014Q2	olp	Rental Income Net RentalIncomeNet	14396000	USD
CY2013Q2	olp	Rental Income Net RentalIncomeNet	11981000	USD
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2134000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4344000	USD
CY2014Q2	olp	Federal Excise And State Tax Paid And Or Accrued FederalExciseAndStateTaxPaidAndOrAccrued	107000	USD
	olp	Rental Income Net RentalIncomeNet	28798000	USD
	olp	Rental Income Net RentalIncomeNet	23843000	USD
CY2014Q2	olp	Lease Termination Fee Net LeaseTerminationFeeNet	1269000	USD
	olp	Lease Termination Fee Net LeaseTerminationFeeNet	1269000	USD
CY2014Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	15665000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	30067000	USD
	olp	Federal Excise And State Tax Paid And Or Accrued FederalExciseAndStateTaxPaidAndOrAccrued	169000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	289000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7300000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	466000	USD
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-539000	USD
CY2014Q2	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	877000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-130000	USD
CY2014Q2	olp	Leasehold Rent LeaseholdRent	77000	USD
	olp	Leasehold Rent LeaseholdRent	154000	USD
CY2014Q2	olp	Costs Of Acquiring Real Estate CostsOfAcquiringRealEstate	88000	USD
CY2014Q2	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	134000	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	134000	USD
CY2014Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	10000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-125000	USD
	us-gaap	Interest Expense InterestExpense	7988000	USD
CY2014Q2	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	228000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	466000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.29
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.49
CY2014Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-867000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1585000	USD
CY2014Q2	olp	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture	7000	USD
	olp	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax The Company Share From Joint Venture OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTaxTheCompanyShareFromJointVenture	4000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	22000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	49000	USD
	us-gaap	Straight Line Rent StraightLineRent	609000	USD
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-50000	USD
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-1242000	USD
	us-gaap	Payments To Acquire And Develop Real Estate PaymentsToAcquireAndDevelopRealEstate	33165000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	645000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	50000	USD
	us-gaap	Payments For Lease Commissions PaymentsForLeaseCommissions	40000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	266000	USD
	olp	Payments Of Amortization Of Mortgages Payable PaymentsOfAmortizationOfMortgagesPayable	3765000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	19003000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	29096000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3304000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	27500000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	13900000	USD
	us-gaap	Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan	2299000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	523000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	306000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	11678000	USD
	us-gaap	Interest Paid InterestPaid	8036000	USD
	olp	Noncash Allocation Of Intangible Lease Assets NoncashAllocationOfIntangibleLeaseAssets	1989000	USD
	olp	Noncash Allocation Of Intangible Lease Liability NoncashAllocationOfIntangibleLeaseLiability	2671000	USD
	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	306000	USD
CY2014Q2	olp	Lease Termination Fee Gross LeaseTerminationFeeGross	1269000	USD
CY2014Q2	olp	Writeoff Of Unbilled Rent Receivable And Intangible Lease Asset WriteoffOfUnbilledRentReceivableAndIntangibleLeaseAsset	150000	USD
CY2013Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.01
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.02
CY2013Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.01
CY2014Q2	olp	Available For Sale Securities Gross Realized Gain Loss Net To Related Party AvailableForSaleSecuritiesGrossRealizedGainLossNetToRelatedParty	134000	USD
	olp	Restricted Cash For Tenant Improvements And Other Reserve RestrictedCashForTenantImprovementsAndOtherReserve	1894000	USD

Files In Submission

Name	View Source	Status
0001104659-14-057917-index-headers.html	Edgar Link	pending
0001104659-14-057917-index.html	Edgar Link	pending
0001104659-14-057917.txt	Edgar Link	pending
0001104659-14-057917-xbrl.zip	Edgar Link	pending
a14-14059_110q.htm	Edgar Link	pending
a14-14059_1ex31d1.htm	Edgar Link	pending
a14-14059_1ex31d2.htm	Edgar Link	pending
a14-14059_1ex32d1.htm	Edgar Link	pending
a14-14059_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
olp-20140630.xml	Edgar Link	completed
olp-20140630.xsd	Edgar Link	pending
olp-20140630_cal.xml	Edgar Link	unprocessable
olp-20140630_def.xml	Edgar Link	unprocessable
olp-20140630_lab.xml	Edgar Link	unprocessable
olp-20140630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OLP
ONE LIBERTY PROPERTIES INC Stock $olp

2014 Q2 Form 10-Q Financial Statement

#000110465914057917 Filed on August 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OLP ONE LIBERTY PROPERTIES INC Stock $olp

2014 Q2 Form 10-Q Financial Statement

#000110465914057917 Filed on August 07, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OLP
ONE LIBERTY PROPERTIES INC Stock $olp