2024 Q1 Form 10-K Financial Statement

#000155837024002579 Filed on March 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $22.70M $22.74M $90.65M
YoY Change -1.12% -17.95% -1.7%
Cost Of Revenue $4.411M $4.235M $16.18M
YoY Change 9.13% 0.21% 6.52%
Gross Profit $18.29M $18.51M $74.46M
YoY Change -3.31% -21.21% -3.32%
Gross Profit Margin 80.56% 81.38% 82.15%
Selling, General & Admin $4.045M $3.876M $16.37M
YoY Change -3.44% 0.05% 3.21%
% of Gross Profit 22.12% 20.94% 21.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.021M $6.220M $24.79M
YoY Change -2.02% 2.59% 4.24%
% of Gross Profit 32.93% 33.61% 33.29%
Operating Expenses $14.48M $10.10M $57.34M
YoY Change 0.7% 1.6% 4.57%
Operating Profit $10.00M $8.410M $50.32M
YoY Change -1.06% -37.94% -7.08%
Interest Expense $4.717M -$5.273M $18.78M
YoY Change 2.54% 13.37% 6.89%
% of Operating Profit 47.16% -62.7% 37.32%
Other Income/Expense, Net $267.0K $103.0K $234.0K
YoY Change 1680.0% 1616.67% 175.29%
Pretax Income $5.380M $15.20M $29.92M
YoY Change -0.52% 70.67% -29.19%
Income Tax
% Of Pretax Income
Net Earnings $5.155M $14.96M $29.61M
YoY Change -4.29% 68.43% -29.79%
Net Earnings / Revenue 22.71% 65.79% 32.67%
Basic Earnings Per Share $0.24 $0.71 $1.38
Diluted Earnings Per Share $0.23 $0.71 $1.38
COMMON SHARES
Basic Shares Outstanding 21.25M 21.07M 20.50M
Diluted Shares Outstanding 20.58M 20.38M 20.56M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.37M $26.43M $26.43M
YoY Change 290.15% 293.42% 293.42%
Cash & Equivalents $27.37M $26.43M $26.43M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $16.87M $16.66M $16.66M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $44.25M $43.09M $43.09M
YoY Change 86.48% 89.02% 89.02%
LONG-TERM ASSETS
Property, Plant & Equipment $677.3M $682.0M $682.0M
YoY Change -2.89% -3.47% -3.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.104M $2.051M $2.051M
YoY Change -79.93% -80.28% -80.28%
Other Assets $18.39M $19.83M $19.83M
YoY Change -12.17% -16.54% -16.54%
Total Long-Term Assets $711.4M $718.5M $718.5M
YoY Change -4.82% -5.52% -5.52%
TOTAL ASSETS
Total Short-Term Assets $44.25M $43.09M $43.09M
Total Long-Term Assets $711.4M $718.5M $718.5M
Total Assets $755.7M $761.6M $761.6M
YoY Change -2.01% -2.76% -2.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $13.31M $15.50M $15.50M
YoY Change -26.14% -19.55% -19.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.40M $25.42M $25.42M
YoY Change -16.0% -12.24% -12.24%
LONG-TERM LIABILITIES
Long-Term Debt $416.5M $418.3M $418.3M
YoY Change -0.29% -1.85% -1.85%
Other Long-Term Liabilities $9.679M $10.10M $10.10M
YoY Change -10.58% -9.25% -9.25%
Total Long-Term Liabilities $426.2M $428.4M $428.4M
YoY Change -0.55% -2.04% -2.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.40M $25.42M $25.42M
Total Long-Term Liabilities $426.2M $428.4M $428.4M
Total Liabilities $449.6M $453.9M $454.9M
YoY Change -1.49% -2.67% -2.65%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $349.4M $346.7M
YoY Change 0.22% 0.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $304.8M $306.7M $306.7M
YoY Change
Total Liabilities & Shareholders Equity $755.7M $761.6M $761.6M
YoY Change -2.01% -2.76% -2.76%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $5.155M $14.96M $29.61M
YoY Change -4.29% 68.43% -29.79%
Depreciation, Depletion And Amortization $6.021M $6.220M $24.79M
YoY Change -2.02% 2.59% 4.24%
Cash From Operating Activities $8.907M $9.971M $46.05M
YoY Change -39.46% 6.33% 4.2%
INVESTING ACTIVITIES
Capital Expenditures $844.0K $979.0K $14.10M
YoY Change 16.41% -92.09% -74.74%
Acquisitions
YoY Change
Other Investing Activities $2.670M $34.52M $47.05M
YoY Change -26.43% -17536.36% 54.39%
Cash From Investing Activities $1.826M $33.55M $32.96M
YoY Change -37.12% -366.82% -230.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.638M
YoY Change 83.93%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.10M -22.41M -56.69M
YoY Change -40.96% 1424.35% 100.55%
NET CHANGE
Cash From Operating Activities 8.907M 9.971M 46.05M
Cash From Investing Activities 1.826M 33.55M 32.96M
Cash From Financing Activities -10.10M -22.41M -56.69M
Net Change In Cash 629.0K 21.11M 22.32M
YoY Change 25.3% -552.48% -337.67%
FREE CASH FLOW
Cash From Operating Activities $8.907M $9.971M $46.05M
Capital Expenditures $844.0K $979.0K $14.10M
Free Cash Flow $8.063M $8.992M $31.96M
YoY Change -42.35% -400.03% -375.64%

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CY2023 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 6pt 0pt;">NOTE 1 — ORGANIZATION AND BACKGROUND</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">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 consisting primarily of industrial and, to a lesser extent, retail properties, many of which are subject to long-term net leases. As of December 31, 2023, OLP owns </span>110 properties, including three properties owned by consolidated joint ventures and two properties owned by unconsolidated joint ventures. The 110 properties are located in 31 states.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p>
CY2023Q4 us-gaap Number Of Real Estate Properties
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CY2023Q4 us-gaap Number Of Real Estate Properties
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CY2023Q4 us-gaap Number Of States In Which Entity Operates
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CY2023 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">Management believes that the estimates and assumptions that are most important to the portrayal of the Company’s consolidated financial condition and results of operations, in that they require management’s most difficult, subjective or complex judgments, form the basis of the accounting policies deemed to be most significant to the Company. These significant accounting policies relate to revenues and the value of the Company’s real estate portfolio, including investments in unconsolidated joint ventures. Management believes its estimates and assumptions related to these significant accounting policies are appropriate under the circumstances; however, should future events or occurrences result in unanticipated consequences, there could be a material impact on the Company’s future consolidated financial condition or results of operations.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
CY2023 us-gaap Number Of Operating Segments
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1
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt;">Concentration of Credit Risk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The Company maintains cash accounts at various financial institutions. While the Company attempts to limit any financial exposure, substantially all of its deposit balances exceed federally insured limits. The Company has not experienced any losses on such accounts.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="font-size:8pt;margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The Company’s properties are located in 31 states. Only one state, South Carolina, contributed more than 10% (<i style="font-style:italic;">i.e.</i>, 10.3%) to the Company’s total revenues in 2023. No real estate investments in any one state contributed more than 10% to the Company’s total revenues in 2022 and 2021.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="font-size:8pt;margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">No tenant contributed over 10% to the Company’s total revenues in any of the past three years.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="font-size:8pt;margin-bottom:12pt;visibility:hidden;">​</span></p>
CY2023Q4 olp Real Estate Taxes Insurance And Other Escrows
RealEstateTaxesInsuranceAndOtherEscrows
3162000
CY2022Q4 olp Real Estate Taxes Insurance And Other Escrows
RealEstateTaxesInsuranceAndOtherEscrows
559000
CY2023 olp Operating Lease Lease Income Lease Payments Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseLeaseIncomeLeasePaymentsExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
75935000
CY2022 olp Operating Lease Lease Income Lease Payments Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseLeaseIncomeLeasePaymentsExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
74101000
CY2021 olp Operating Lease Lease Income Lease Payments Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseLeaseIncomeLeasePaymentsExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
70387000
CY2023 olp Operating Lease Variable Lease Income Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseVariableLeaseIncomeExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
13759000
CY2022 olp Operating Lease Variable Lease Income Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseVariableLeaseIncomeExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
17259000
CY2021 olp Operating Lease Variable Lease Income Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseVariableLeaseIncomeExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
11008000
CY2023 olp Operating Lease Lease Income Excluding Amortization Related To Lease Intangible Assets And Liabilities
OperatingLeaseLeaseIncomeExcludingAmortizationRelatedToLeaseIntangibleAssetsAndLiabilities
89694000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
70906000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
65473000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
61286000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
51983000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
41028000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
127437000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
418113000
CY2023Q4 olp Other Assets And Receivables Unamortized Lease Incentives
OtherAssetsAndReceivablesUnamortizedLeaseIncentives
1095000
CY2022Q4 olp Other Assets And Receivables Unamortized Lease Incentives
OtherAssetsAndReceivablesUnamortizedLeaseIncentives
1300000
CY2023 olp Lease Incentives Amortized
LeaseIncentivesAmortized
121000
CY2022 olp Lease Incentives Amortized
LeaseIncentivesAmortized
44000
CY2023 olp Lease Incentives Write Off Of Unamortized Lease Incentive Due To Sale Of Property
LeaseIncentivesWriteOffOfUnamortizedLeaseIncentiveDueToSaleOfProperty
84000
CY2023 olp Lease Incentive Amortization Term
LeaseIncentiveAmortizationTerm
P10Y
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
16661000
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
16079000
CY2023 olp Deferred Rent Receivable Period During Which Amount Of Rent To Be Billed And Received
DeferredRentReceivablePeriodDuringWhichAmountOfRentToBeBilledAndReceived
P19Y
CY2023 olp Straight Line Rent Receivable Written Off Relating To Property Sold
StraightLineRentReceivableWrittenOffRelatingToPropertySold
1048000
CY2022 olp Straight Line Rent Receivable Written Off Relating To Property Sold
StraightLineRentReceivableWrittenOffRelatingToPropertySold
519000
CY2021 olp Straight Line Rent Receivable Written Off Relating To Property Sold
StraightLineRentReceivableWrittenOffRelatingToPropertySold
1438000
CY2023Q4 olp Deferred Rent Payables
DeferredRentPayables
579000
CY2022Q4 olp Deferred Rent Payables
DeferredRentPayables
756000
CY2023 olp Deferred Rent Payables Period During Which Amount Of Rent To Be Billed And Payables
DeferredRentPayablesPeriodDuringWhichAmountOfRentToBeBilledAndPayables
P8Y
CY2023 olp Unbilled Rent Receivable Written Off Due To Sale Of Property
UnbilledRentReceivableWrittenOffDueToSaleOfProperty
43000
CY2021 olp Unbilled Rent Receivable Written Off Due To Sale Of Property
UnbilledRentReceivableWrittenOffDueToSaleOfProperty
0
CY2022 olp Unbilled Rent Receivable Written Off Due To Sale Of Property
UnbilledRentReceivableWrittenOffDueToSaleOfProperty
0
CY2023 olp Straight Line Rent Receivable Written Off Relating To Tenant Filing Bankruptcy
StraightLineRentReceivableWrittenOffRelatingToTenantFilingBankruptcy
133000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
557000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
626000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
627000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
629000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
630000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1229000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4298000
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5191000
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
5061000
CY2023Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1085000
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
723000
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
704000
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
756000
CY2023Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
735000
CY2023Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
6093000
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10096000
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
24789000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23781000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22832000
CY2023Q4 olp Debt Instrument Outstanding Number
DebtInstrumentOutstandingNumber
68
CY2023Q4 olp Real Estate Investments Secured By First Liens On Individual Real Estate Investments Gross Carrying Value
RealEstateInvestmentsSecuredByFirstLiensOnIndividualRealEstateInvestmentsGrossCarryingValue
670157000
CY2023Q4 olp Real Estate Investments Secured By First Liens On Individual Real Estate Investments Accumulated Depreciation
RealEstateInvestmentsSecuredByFirstLiensOnIndividualRealEstateInvestmentsAccumulatedDepreciation
127325000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
304000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
76000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
177000
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1291000
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1434000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due In Next Twelve Months
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueInNextTwelveMonths
11873000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due In Year Two
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueInYearTwo
10627000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due In Year Three
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueInYearThree
10491000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due In Year Four
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueInYearFour
9399000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due In Year Five
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueInYearFive
8718000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments Due After Year Five
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPaymentsDueAfterYearFive
34283000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Amortization Payments
SecuredDebtBeforeNettingOfDeferredFinancingCostsAmortizationPayments
85391000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Of Due In Next Twelve Months
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsOfDueInNextTwelveMonths
61779000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Due In Year Two
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsDueInYearTwo
41477000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Due In Year Three
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsDueInYearThree
29670000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Due In Year Four
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsDueInYearFour
47923000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Due In Year Five
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsDueInYearFive
38873000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs Repayments Due After Year Five
SecuredDebtBeforeNettingOfDeferredFinancingCostsRepaymentsDueAfterYearFive
202843000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs
SecuredDebtBeforeNettingOfDeferredFinancingCosts
422565000
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
5298000
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
4791000
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
397031000
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
378943000
CY2023Q4 olp Secured Debt Before Netting Of Deferred Financing Costs
SecuredDebtBeforeNettingOfDeferredFinancingCosts
422565000
CY2022Q4 olp Secured Debt Before Netting Of Deferred Financing Costs
SecuredDebtBeforeNettingOfDeferredFinancingCosts
409175000
CY2023Q4 olp Debt Instrument Excess Of Estimated Carrying Value Over Fair Value
DebtInstrumentExcessOfEstimatedCarryingValueOverFairValue
25534000
CY2022Q4 olp Debt Instrument Excess Of Estimated Carrying Value Over Fair Value
DebtInstrumentExcessOfEstimatedCarryingValueOverFairValue
30232000
CY2023 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.0431
CY2022 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.0410
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.80
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.80
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.80
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
9500000
CY2023 olp Percentage Of Discount On Common Stock Purchased Through Dividend Reinvestment Plan
PercentageOfDiscountOnCommonStockPurchasedThroughDividendReinvestmentPlan
0.03
CY2023 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
233000
CY2022 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
102000
CY2021 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
35000
CY2023Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
450000
CY2022Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
210000
CY2023 us-gaap Profit Loss
ProfitLoss
29918000
CY2022 us-gaap Profit Loss
ProfitLoss
42253000
CY2021 us-gaap Profit Loss
ProfitLoss
39034000
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1326000
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28323000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40743000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37531000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20499000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20360000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20086000
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
57000
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
93000
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
178000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20556000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20453000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20264000
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.99
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2023 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares
248112
CY2023 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Return On Capital Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToReturnOnCapitalMetric
98098
CY2023 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Stockholder Return Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToStockholderReturnMetric
42625
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
140723
CY2023 olp Common Shares Not Included Attributable To Share Based Payment Arrangements Due To Applicable Metrics
CommonSharesNotIncludedAttributableToShareBasedPaymentArrangementsDueToApplicableMetrics
107389
CY2022 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares
241076
CY2022 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Return On Capital Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToReturnOnCapitalMetric
118085
CY2022 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Stockholder Return Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToStockholderReturnMetric
37513
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
155598
CY2022 olp Common Shares Not Included Attributable To Share Based Payment Arrangements Due To Applicable Metrics
CommonSharesNotIncludedAttributableToShareBasedPaymentArrangementsDueToApplicableMetrics
85478
CY2021 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Underlying Shares
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsUnderlyingShares
230752
CY2021 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Return On Capital Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToReturnOnCapitalMetric
115376
CY2021 olp Incremental Common Shares Attributable To Share Based Payment Arrangements Due To Stockholder Return Metric
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsDueToStockholderReturnMetric
115376
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
230752
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2022 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
5388000
CY2021Q4 olp Number Of Properties Included In Lease Split And Assignment Agreement
NumberOfPropertiesIncludedInLeaseSplitAndAssignmentAgreement
6
CY2022 olp Fee Income Lease Split And Assignment Agreement
FeeIncomeLeaseSplitAndAssignmentAgreement
0
CY2023 olp Fee Income Lease Split And Assignment Agreement
FeeIncomeLeaseSplitAndAssignmentAgreement
0
CY2021 olp Dividend Paid Deduction From Taxable Income
DividendPaidDeductionFromTaxableIncome
44689000
CY2021 olp Percentage Of Discount On Common Stock Purchased Through Dividend Reinvestment Plan
PercentageOfDiscountOnCommonStockPurchasedThroughDividendReinvestmentPlan
0.03
CY2023 olp Percentage Of Distributions Representing Ordinary Income To Shareholders
PercentageOfDistributionsRepresentingOrdinaryIncomeToShareholders
0.53
CY2022 olp Percentage Of Distributions Representing Ordinary Income To Shareholders
PercentageOfDistributionsRepresentingOrdinaryIncomeToShareholders
0.54
CY2021 olp Percentage Of Distributions Representing Ordinary Income To Shareholders
PercentageOfDistributionsRepresentingOrdinaryIncomeToShareholders
0.43
CY2023 olp Percentage Of Distributions Representing Capital Gains To Shareholders
PercentageOfDistributionsRepresentingCapitalGainsToShareholders
0.47
CY2022 olp Percentage Of Distributions Representing Capital Gains To Shareholders
PercentageOfDistributionsRepresentingCapitalGainsToShareholders
0.46
CY2021 olp Percentage Of Distributions Representing Capital Gains To Shareholders
PercentageOfDistributionsRepresentingCapitalGainsToShareholders
0.57
CY2023 olp Distributions Made To Stockholders Percentage
DistributionsMadeToStockholdersPercentage
1
CY2022 olp Distributions Made To Stockholders Percentage
DistributionsMadeToStockholdersPercentage
1
CY2021 olp Distributions Made To Stockholders Percentage
DistributionsMadeToStockholdersPercentage
1
CY2023 olp Dividends Declared Reconciliation
DividendsDeclaredReconciliation
38116000
CY2022 olp Dividends Declared Reconciliation
DividendsDeclaredReconciliation
37915000
CY2021 olp Dividends Declared Reconciliation
DividendsDeclaredReconciliation
37478000
CY2023 olp Dividend Reinvestment Plan Common Stock Discount On Shares
DividendReinvestmentPlanCommonStockDiscountOnShares
157000
CY2022 olp Dividend Reinvestment Plan Common Stock Discount On Shares
DividendReinvestmentPlanCommonStockDiscountOnShares
102000
CY2021 olp Dividend Reinvestment Plan Common Stock Discount On Shares
DividendReinvestmentPlanCommonStockDiscountOnShares
35000
CY2023 olp Dividends Before Adjustments For Previous And Current Year
DividendsBeforeAdjustmentsForPreviousAndCurrentYear
38273000
CY2022 olp Dividends Before Adjustments For Previous And Current Year
DividendsBeforeAdjustmentsForPreviousAndCurrentYear
38017000
CY2021 olp Dividends Before Adjustments For Previous And Current Year
DividendsBeforeAdjustmentsForPreviousAndCurrentYear
37513000
CY2023 olp Dividends Designated To Previous Year
DividendsDesignatedToPreviousYear
4240000
CY2021 olp Dividends Designated To Following Year
DividendsDesignatedToFollowingYear
2085000
CY2022 olp Dividends Designated From Prior Year
DividendsDesignatedFromPriorYear
2085000
CY2021 olp Dividends Designated From Prior Year
DividendsDesignatedFromPriorYear
9261000
CY2023 olp Dividends Designated From Following Year
DividendsDesignatedFromFollowingYear
737000
CY2022 olp Dividends Designated From Following Year
DividendsDesignatedFromFollowingYear
4240000
CY2023 olp Dividend Paid Deduction From Taxable Income
DividendPaidDeductionFromTaxableIncome
34770000
CY2022 olp Dividend Paid Deduction From Taxable Income
DividendPaidDeductionFromTaxableIncome
44342000
CY2022 olp Percentage Of Discount On Common Stock Purchased Through Dividend Reinvestment Plan
PercentageOfDiscountOnCommonStockPurchasedThroughDividendReinvestmentPlan
0.03
CY2023 olp Percentage Of Discount On Common Stock Purchased Through Dividend Reinvestment Plan
PercentageOfDiscountOnCommonStockPurchasedThroughDividendReinvestmentPlan
0.03
CY2023Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22952000
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22407000
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22546000
CY2023Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
22741000
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
90646000
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1534000
CY2023Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3180000
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
332000
CY2023Q4 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
11962000
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
17008000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
5408000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
6539000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
2769000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
15202000
CY2023 us-gaap Profit Loss
ProfitLoss
29918000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5386000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6519000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
2747000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
14962000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
29614000
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20514000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20571000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20567000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20342000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20499000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20579000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20642000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20596000
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20383000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20556000
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21556000
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21472000
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21473000
CY2022Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
27715000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
92216000
CY2022Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4649000
CY2022Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
8050000
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4063000
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
16762000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
9340000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
16785000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
7221000
CY2022Q4 us-gaap Profit Loss
ProfitLoss
8907000
CY2022 us-gaap Profit Loss
ProfitLoss
42253000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
9323000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
16767000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
7204000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
8883000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
42177000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20379000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20364000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20340000
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20358000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20360000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20541000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20480000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20416000
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20406000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20453000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.99
CY2022Q4 olp Additional Rental Income From Ground Lease Tenant Recognized
AdditionalRentalIncomeFromGroundLeaseTenantRecognized
4626000
CY2022Q2 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
5388000
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
422565000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
169382000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
641447000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
53826000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
172309000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
692346000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
864655000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
182705000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
879596000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
837641000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
839058000
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
18176000
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
59654000
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
28837000
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
33117000
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
17699000
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
28064000
CY2021 olp Sec Schedule1228 Real Estate Companies Investment In Real Estate Cost Of Investment In Real Estate Held For Sale
SecSchedule1228RealEstateCompaniesInvestmentInRealEstateCostOfInvestmentInRealEstateHeldForSale
2190000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
864655000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
879596000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
837641000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
173143000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
160664000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
147136000
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
19242000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
18471000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
17694000
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
9680000
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
5992000
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
3246000
CY2021 olp Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Investment In Real Estate Held For Sale
SecSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationInvestmentInRealEstateHeldForSale
920000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
182705000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
173143000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
160664000
CY2023Q4 olp Real Estate Federal Income Tax Basis Difference Amount
RealEstateFederalIncomeTaxBasisDifferenceAmount
20749000

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