$ONL
Orion Properties Inc. Stock $onl

$onl Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000187392323000048 Filed on May 09, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$52.02M	$50.19M	$53.21M
YoY Change	-1.56%	-5.67%	308.4%
Cost Of Revenue	$15.49M	$15.34M	$15.31M
YoY Change	2.18%	0.2%	943.19%
Gross Profit	$36.34M	$34.65M	$37.70M
YoY Change	-3.11%	-8.11%	226.15%
Gross Profit Margin	69.85%	69.03%	70.86%
Selling, General & Admin	$4.565M	$4.309M	$3.517M
YoY Change	38.71%	22.52%	532.55%
% of Gross Profit	12.56%	12.44%	9.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.88M	$28.17M	$34.35M
YoY Change	-17.59%	-18.01%	473.7%
% of Gross Profit	76.72%	81.3%	91.11%
Operating Expenses	$44.10M	$36.19M	$39.43M
YoY Change	-1.64%	-8.22%	502.58%
Operating Profit	-$7.759M	-$1.547M	-$1.730M
YoY Change	5.91%	-10.58%	-134.49%
Interest Expense	-$7.117M	-$7.062M	-$6.699M
YoY Change	-7.94%	5.42%	1340.65%
% of Operating Profit
Other Income/Expense, Net	-$7.656M	-$7.226M	-$7.317M
YoY Change	-2.76%	-1.24%	1473.55%
Pretax Income	-$15.53M	-$8.714M	-$9.716M
YoY Change	0.8%	-10.31%	-313.49%
Income Tax	$185.0K	$160.0K	$166.0K
% Of Pretax Income
Net Earnings	-$15.73M	-$8.885M	-$9.906M
YoY Change	1.02%	-10.31%	-317.67%
Net Earnings / Revenue	-30.24%	-17.7%	-18.62%
Basic Earnings Per Share	-$0.28	-$0.16	-$0.17
Diluted Earnings Per Share	-$0.28	-$0.16	-$0.17
COMMON SHARES
Basic Shares Outstanding	56.66M shares	56.64M shares	56.63M shares
Diluted Shares Outstanding	56.68M shares	56.64M shares	56.63M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$42.21M	$23.76M	$18.59M
YoY Change	118.7%	27.82%
Cash & Equivalents	$42.21M	$23.76M	$18.59M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$24.96M	$24.70M	$22.03M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$67.17M	$48.45M	$40.62M
YoY Change	49.16%	19.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.218B	$1.250B	$1.375B
YoY Change	-9.57%	-9.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$14.73M	$15.28M	$17.95M
YoY Change	-14.8%	-14.89%
Other Assets	$62.52M	$45.24M	$44.01M
YoY Change	21.97%	2.8%
Total Long-Term Assets	$1.461B	$1.498B	$1.714B
YoY Change	-12.47%	-12.59%
TOTAL ASSETS
Total Short-Term Assets	$67.17M	$48.45M	$40.62M
Total Long-Term Assets	$1.461B	$1.498B	$1.714B
Total Assets	$1.528B	$1.547B	$1.755B
YoY Change	-10.85%	-11.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.061M	$1.072M	$2.953M
YoY Change	-32.85%	-63.7%
Accrued Expenses	$21.27M	$18.89M	$14.98M
YoY Change	39.21%	26.1%
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	$28.00M	$25.62M	$23.59M
YoY Change	24.33%	8.61%
LONG-TERM LIABILITIES
Long-Term Debt	$527.5M	$526.5M	$615.4M
YoY Change	-11.48%	-14.45%
Other Long-Term Liabilities	$34.68M	$34.81M	$38.89M
YoY Change	-8.07%	-10.49%
Total Long-Term Liabilities	$562.2M	$561.3M	$654.3M
YoY Change	-11.28%	-14.22%
TOTAL LIABILITIES
Total Short-Term Liabilities	$28.00M	$25.62M	$23.59M
Total Long-Term Liabilities	$562.2M	$561.3M	$654.3M
Total Liabilities	$590.2M	$586.9M	$677.9M
YoY Change	-10.06%	-13.42%
SHAREHOLDERS EQUITY
Retained Earnings	-$214.9M	-$193.5M	-$74.33M
YoY Change	124.91%	160.35%
Common Stock	$57.00K	$57.00K	$57.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$936.3M	$958.5M	$1.076B
YoY Change
Total Liabilities & Shareholders Equity	$1.528B	$1.547B	$1.755B
YoY Change	-10.85%	-11.86%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$15.73M	-$8.885M	-$9.906M
YoY Change	1.02%	-10.31%	-317.67%
Depreciation, Depletion And Amortization	$27.88M	$28.17M	$34.35M
YoY Change	-17.59%	-18.01%	473.7%
Cash From Operating Activities	$32.48M	$11.44M	$28.15M
YoY Change	37.38%	-59.36%	152.49%
INVESTING ACTIVITIES
Capital Expenditures	$3.606M	$3.138M	-$1.836M
YoY Change	-326.37%	-270.92%
Acquisitions
YoY Change
Other Investing Activities	$925.0K	$671.0K	$601.0K
YoY Change	-77.5%	11.65%
Cash From Investing Activities	-$2.681M	-$2.467M	-$1.235M
YoY Change	-206.43%	99.76%	2145.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-11.33M	-$5.844M	-$2.168M
YoY Change	-55.85%	169.56%	-84.82%
NET CHANGE
Cash From Operating Activities	32.48M	$11.44M	$28.15M
Cash From Investing Activities	-2.681M	-$2.467M	-$1.235M
Cash From Financing Activities	-11.33M	-$5.844M	-$2.168M
Net Change In Cash	18.47M	$3.130M	$24.75M
YoY Change	3615.69%	-87.35%	-875.86%
FREE CASH FLOW
Cash From Operating Activities	$32.48M	$11.44M	$28.15M
Capital Expenditures	$3.606M	$3.138M	-$1.836M
Free Cash Flow	$28.87M	$8.303M	$29.99M
YoY Change	14.41%	-72.31%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001873923
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherAssets
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-40873
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Orion Office REIT Inc.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	87-1656425
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	2398 E. Camelback Road, Suite 1060
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Phoenix
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85016
CY2023Q1	dei	City Area Code CityAreaCode	(602)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	698-1002
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock
CY2023Q1	dei	Trading Symbol TradingSymbol	ONL
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	56663927	shares
CY2023Q1	us-gaap	Land Land	236966000	usd
CY2022Q4	us-gaap	Land Land	238225000	usd
CY2023Q1	onl	Investment Building Fixtures And Building Improvements InvestmentBuildingFixturesAndBuildingImprovements	1127590000	usd
CY2022Q4	onl	Investment Building Fixtures And Building Improvements InvestmentBuildingFixturesAndBuildingImprovements	1128400000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1364556000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1366625000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	141093000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	133379000	usd
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CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1233246000	usd
CY2023Q1	onl	Deferred Rent Receivable And Accounts Receivable After Allowance For Credit Losses DeferredRentReceivableAndAccountsReceivableAfterAllowanceForCreditLosses	24697000	usd
CY2022Q4	onl	Deferred Rent Receivable And Accounts Receivable After Allowance For Credit Losses DeferredRentReceivableAndAccountsReceivableAfterAllowanceForCreditLosses	21641000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	182629000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	202832000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23755000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20638000	usd
CY2023Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2502000	usd
CY2022Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2502000	usd
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CY2023Q1	us-gaap	Line Of Credit LineOfCredit	174153000	usd
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CY2023Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	12526000	usd
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CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5666000	usd
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CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	23340000	usd
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CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	4540000	usd
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CY2023Q1	us-gaap	Minority Interest MinorityInterest	1400000	usd
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CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	959947000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1088288000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-9882000	usd
CY2022Q1	us-gaap	Dividends Dividends	5707000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	270000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	4057000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1077026000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-8874000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-9882000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	28166000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	34353000	usd
CY2023Q1	us-gaap	Other Noncash Income OtherNoncashIncome	2656000	usd
CY2022Q1	us-gaap	Other Noncash Income OtherNoncashIncome	1092000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3754000	usd
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	1602000	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-468000	usd
CY2023Q1	onl	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	1048000	usd
CY2022Q1	onl	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	1172000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	526000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	270000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	10400000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-123000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-41000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	4308000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	1989000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6338000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3210000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11441000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	28153000	usd
CY2023Q1	onl	Payments For Capital Improvements And Leasing Costs PaymentsForCapitalImprovementsAndLeasingCosts	3138000	usd
CY2022Q1	onl	Payments For Capital Improvements And Leasing Costs PaymentsForCapitalImprovementsAndLeasingCosts	1836000	usd
CY2023Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	421000	usd
CY2022Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	601000	usd
CY2023Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	250000	usd
CY2022Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2467000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1235000	usd
CY2023Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	0	usd
CY2022Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	355026000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	355000000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	70000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	69000000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	40000	usd
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3096000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	74000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	10000	usd
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
CY2023Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	5664000	usd
CY2022Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	0	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-56000	usd
CY2022Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-46000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5844000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2168000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3130000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	24750000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	55311000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	29318000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58441000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	54068000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20638000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	29318000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	34673000	usd
CY2021Q4	us-gaap	Restricted Cash RestrictedCash	0	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	55311000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	29318000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23755000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18585000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	34686000	usd
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	35483000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58441000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	54068000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	81	property
CY2023Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	9500000	sqft
CY2023Q1	onl	Number Of States With Real Estate Properties Owned NumberOfStatesWithRealEstatePropertiesOwned	29	state
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management makes significant estimates regarding real estate investment impairments.</span></div>
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	34700000	usd
CY2023Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Acquisition, disposition and leasing deal related costs incurred by the Company, previously included in the acquisition related line on the consolidated statements of operations, have been presented in the transaction related line for prior periods presented to be consistent with the current period presentation. Spin related costs are costs incurred by the Company in connection with the Separation and the Distribution. These costs were previously included in the transaction costs line on the consolidated statements of operations and have been presented in the spin related line for all prior periods presented to be consistent with the current period presentation. These reclassifications had no effect on the reported results of operations.</span></div>
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	100000	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	usd
CY2023Q1	onl	Income From Termination Of Lease IncomeFromTerminationOfLease	1600000	usd
CY2022Q1	onl	Income From Termination Of Lease IncomeFromTerminationOfLease	0	usd
CY2022Q1	us-gaap	Property Management Fee Revenue PropertyManagementFeeRevenue	200000	usd
CY2023Q1	us-gaap	Property Management Fee Revenue PropertyManagementFeeRevenue	200000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	34700000	usd
CY2023Q1	onl	Real Estate Investment Number Of Acquisitions RealEstateInvestmentNumberOfAcquisitions	0	acquistion
CY2022Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	usd
CY2022Q1	onl	Number Of Properties Acquired NumberOfPropertiesAcquired	1	landparcel
CY2022Q1	onl	Finance Lease Right Of Use Asset Reclassified To Real Estate Investments FinanceLeaseRightOfUseAssetReclassifiedToRealEstateInvestments	4700000	usd
CY2022Q1	onl	Number Of Real Estate Properties Disposed NumberOfRealEstatePropertiesDisposed	0	property
CY2023Q1	onl	Number Of Real Estate Properties Disposed NumberOfRealEstatePropertiesDisposed	0	property
CY2023Q1	onl	Number Of Property Held For Sale NumberOfPropertyHeldForSale	1	property
CY2023Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2500000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	182629000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	202832000	usd
CY2023Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	18791000	usd
CY2022Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	17249000	usd
CY2023Q1	onl	Below Market Lease Weighted Average Useful Life BelowMarketLeaseWeightedAverageUsefulLife	P8Y9M18D
CY2023Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	12526000	usd
CY2022Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	14068000	usd
CY2023Q1	us-gaap	Amortization Of Lease Incentives AmortizationOfLeaseIncentives	100000	usd
CY2022Q1	us-gaap	Amortization Of Lease Incentives AmortizationOfLeaseIncentives	0	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	4451000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	3786000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	1036000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	817000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	655000	usd
CY2023Q1	us-gaap	Below Market Lease Amortization Income Year Five BelowMarketLeaseAmortizationIncomeYearFive	571000	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	12060000	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	10461000	usd
CY2023Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	12637000	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	11180000	usd
CY2023Q1	onl	Deferred Rent Receivable And Accounts Receivable After Allowance For Credit Losses DeferredRentReceivableAndAccountsReceivableAfterAllowanceForCreditLosses	24697000	usd
CY2022Q4	onl	Deferred Rent Receivable And Accounts Receivable After Allowance For Credit Losses DeferredRentReceivableAndAccountsReceivableAfterAllowanceForCreditLosses	21641000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	34686000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	34673000	usd
CY2023Q1	onl	Right Of Use Asset RightOfUseAsset	26168000	usd
CY2022Q4	onl	Right Of Use Asset RightOfUseAsset	26422000	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	15279000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	15824000	usd
CY2023Q1	us-gaap	Derivative Assets DerivativeAssets	4540000	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	6308000	usd
CY2023Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	4089000	usd
CY2022Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	4619000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3961000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1305000	usd
CY2023Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1103000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1063000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	89826000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	90214000	usd
CY2023Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	100000	usd
CY2022Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	100000	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	9000000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	9000000	usd
CY2022Q4	onl	Below Market Lease Right Of Use Asset BelowMarketLeaseRightOfUseAsset	6800000	usd
CY2023Q1	onl	Below Market Lease Right Of Use Asset BelowMarketLeaseRightOfUseAsset	6800000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	10600000	usd
CY2022Q1	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	500000	usd
CY2023Q1	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	500000	usd
CY2023Q1	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	3000000	usd
CY2022Q4	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	2500000	usd
CY2023Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	500000	usd
CY2022Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	500000	usd
CY2023Q1	us-gaap	Derivative Assets DerivativeAssets	4540000	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	6308000	usd
CY2023Q1	onl	Number Of Impaired Properties NumberOfImpairedProperties	3	property
CY2022Q1	onl	Number Of Impaired Properties NumberOfImpairedProperties	2	property
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3800000	usd
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	1600000	usd
CY2023Q1	onl	Number Of Impaired Properties NumberOfImpairedProperties	3	property
CY2022Q1	onl	Number Of Impaired Properties NumberOfImpairedProperties	2	property
CY2023Q1	onl	Carrying Value Of Impaired Properties CarryingValueOfImpairedProperties	28357000	usd
CY2022Q1	onl	Carrying Value Of Impaired Properties CarryingValueOfImpairedProperties	8728000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3754000	usd
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	1602000	usd
CY2023Q1	onl	Impaired Real Estate Properties Fair Value ImpairedRealEstatePropertiesFairValue	24603000	usd
CY2022Q1	onl	Impaired Real Estate Properties Fair Value ImpairedRealEstatePropertiesFairValue	7126000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Fair Value Disclosure PropertyPlantAndEquipmentFairValueDisclosure	24603000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Fair Value Disclosure PropertyPlantAndEquipmentFairValueDisclosure	50857000	usd
CY2022Q4	us-gaap	Assets Held For Sale Long Lived Fair Value Disclosure AssetsHeldForSaleLongLivedFairValueDisclosure	2502000	usd
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	53359000	usd
CY2023Q1	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	526500000	usd
CY2023Q1	us-gaap	Debt Instrument Term DebtInstrumentTerm	P2Y9M18D
CY2023Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0438
CY2022Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	525982000	usd
CY2023Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	0	usd
CY2023Q1	onl	Repayments Extinguishment And Assumptions Of Debt Net RepaymentsExtinguishmentAndAssumptionsOfDebtNet	0	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	508000	usd
CY2023Q1	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	526490000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	175000000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	355000000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	530000000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	4540000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	6308000	usd
CY2023Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	4500000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	4540000	usd
CY2023Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	0	usd
CY2023Q1	onl	Derivative Asset Liability Offsetting Amount Fair Value Gross DerivativeAssetLiabilityOffsettingAmountFairValueGross	0	usd
CY2023Q1	us-gaap	Derivative Assets DerivativeAssets	4540000	usd
CY2023Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	0	usd
CY2023Q1	onl	Derivative Financial Instruments DerivativeFinancialInstruments	0	usd
CY2023Q1	us-gaap	Derivative Collateral Obligation To Return Cash DerivativeCollateralObligationToReturnCash	0	usd
CY2023Q1	us-gaap	Derivative Fair Value Amount Offset Against Collateral Net DerivativeFairValueAmountOffsetAgainstCollateralNet	4540000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	6308000	usd
CY2022Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	0	usd
CY2022Q4	onl	Derivative Asset Liability Offsetting Amount Fair Value Gross DerivativeAssetLiabilityOffsettingAmountFairValueGross	0	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	6308000	usd
CY2022Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	0	usd
CY2022Q4	onl	Derivative Financial Instruments DerivativeFinancialInstruments	0	usd
CY2022Q4	us-gaap	Derivative Collateral Obligation To Return Cash DerivativeCollateralObligationToReturnCash	0	usd
CY2022Q4	us-gaap	Derivative Fair Value Amount Offset Against Collateral Net DerivativeFairValueAmountOffsetAgainstCollateralNet	6308000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	6107000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	5019000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	52000	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	145000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2434000	usd
CY2022Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	610000	usd
CY2023Q1	onl	Accrued Distributions AccruedDistributions	5666000	usd
CY2022Q1	onl	Accrued Distributions AccruedDistributions	5663000	usd
CY2023Q1	onl	Land Acquired Upon Finance Lease Termination LandAcquiredUponFinanceLeaseTermination	0	usd
CY2022Q1	onl	Land Acquired Upon Finance Lease Termination LandAcquiredUponFinanceLeaseTermination	4707000	usd
CY2023Q1	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	9148000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	10191000	usd
CY2023Q1	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	4219000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	10034000	usd
CY2023Q1	onl	Accrued Capital Expenditures And Leasing Costs AccruedCapitalExpendituresAndLeasingCosts	3749000	usd
CY2022Q4	onl	Accrued Capital Expenditures And Leasing Costs AccruedCapitalExpendituresAndLeasingCosts	2333000	usd
CY2023Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1769000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1810000	usd
CY2023Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1072000	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1793000	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	19957000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	26161000	usd
CY2023Q1	onl	Lessor Operating Lease Commitment Outstanding Tenant Improvement Allowance LessorOperatingLeaseCommitmentOutstandingTenantImprovementAllowance	50000000	usd
CY2023Q1	onl	Lessor Operating Lease Commitment Outstanding Leasing Commissions LessorOperatingLeaseCommitmentOutstandingLeasingCommissions	300000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	300000	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	300000	usd
CY2023Q1	onl	Lessor Operating Lease Restricted Cash Included In Commitment Outstanding LessorOperatingLeaseRestrictedCashIncludedInCommitmentOutstanding	34700000	usd
CY2023Q1	onl	Lessor Operating Lease Restricted Cash Tenant Improvement Allowance LessorOperatingLeaseRestrictedCashTenantImprovementAllowance	23600000	usd
CY2023Q1	onl	Lessor Operating Lease Restricted Cash Rent Concession Commitment LessorOperatingLeaseRestrictedCashRentConcessionCommitment	11100000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	101914000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	111103000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	74248000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	71234000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	51814000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	40104000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	158714000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	609131000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.0350
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	891000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	883000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	892000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	478000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	445000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	447000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	12491000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	16527000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	5984000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	10543000	usd
CY2021Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	100000	shares
CY2021Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1000	usd
CY2021Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	56525650	shares
CY2022Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.10
CY2021Q4	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	1120000	shares
CY2021Q4	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	22.42
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-8874000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-9882000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	11000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	24000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-8885000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8885000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9906000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-9906000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56641805	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56625650	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56641805	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56625650	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.16
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.16
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.17
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares

Files In Submission

Name	View Source	Status
onl-20230331_pre.xml	Edgar Link	unprocessable
0001873923-23-000048-index-headers.html	Edgar Link	pending
0001873923-23-000048-index.html	Edgar Link	pending
0001873923-23-000048.txt	Edgar Link	pending
0001873923-23-000048-xbrl.zip	Edgar Link	pending
exhibit311-orion03312023ch.htm	Edgar Link	pending
exhibit312-orion03312023ch.htm	Edgar Link	pending
exhibit321-orion03312023ch.htm	Edgar Link	pending
exhibit322-orion03312023ch.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
onl-20230331.htm	Edgar Link	pending
onl-20230331.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
onl-20230331_cal.xml	Edgar Link	unprocessable
onl-20230331_def.xml	Edgar Link	unprocessable
onl-20230331_htm.xml	Edgar Link	completed
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onl-20230331_lab.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ONL
Orion Properties Inc. Stock $onl

2023 Q2 Form 10-Q Financial Statement

#000187392323000048 Filed on May 09, 2023

Income Statement

Balance Sheet

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Facts In Submission

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$ONL Orion Properties Inc. Stock $onl

2023 Q2 Form 10-Q Financial Statement

#000187392323000048 Filed on May 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONL
Orion Properties Inc. Stock $onl