2024 Q4 Form 10-Q Financial Statement

#000145677224000052 Filed on October 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $120.6M $123.7M
YoY Change -9.55% -7.69%
Cost Of Revenue $43.55M $41.88M
YoY Change 3.18% -1.54%
Gross Profit $77.07M $81.81M
YoY Change -15.45% -10.56%
Gross Profit Margin 63.9% 66.14%
Selling, General & Admin $12.80M $11.05M
YoY Change -2.91% -4.12%
% of Gross Profit 16.6% 13.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.50M $47.77M
YoY Change -12.86% -3.46%
% of Gross Profit 56.45% 58.39%
Operating Expenses $58.84M $61.44M
YoY Change -10.09% -2.67%
Operating Profit $18.23M $20.36M
YoY Change -29.1% -28.13%
Interest Expense $42.58M $38.35M
YoY Change 47.67% 44.58%
% of Operating Profit 233.56% 188.31%
Other Income/Expense, Net
YoY Change
Pretax Income -$58.02M $76.24M
YoY Change 209.71% -772.35%
Income Tax $230.0K -$107.0K
% Of Pretax Income -0.14%
Net Earnings -$58.41M $76.17M
YoY Change 198.14% -722.21%
Net Earnings / Revenue -48.43% 61.58%
Basic Earnings Per Share -$1.14 $1.56
Diluted Earnings Per Share -$1.14 $1.56
COMMON SHARES
Basic Shares Outstanding 55.78M shares 50.25M shares 48.75M shares
Diluted Shares Outstanding 51.20M shares 48.65M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.36M $13.50M
YoY Change -8.19% -46.46%
Cash & Equivalents $22.36M $13.50M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $146.6M $140.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $168.9M $154.0M
YoY Change 13.84% 13.4%
LONG-TERM ASSETS
Property, Plant & Equipment $3.287B $3.397B
YoY Change -11.9% -9.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.55M $17.72M
YoY Change -52.05% -52.58%
Other Assets $235.1M $222.2M
YoY Change 100.41% 133.8%
Total Long-Term Assets $3.557B $3.646B
YoY Change -8.71% -6.32%
TOTAL ASSETS
Total Short-Term Assets $168.9M $154.0M
Total Long-Term Assets $3.557B $3.646B
Total Assets $3.726B $3.800B
YoY Change -7.89% -5.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $105.9M $142.4M
YoY Change -31.25% 5.96%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $111.8M $148.4M
YoY Change -30.9% 5.53%
LONG-TERM LIABILITIES
Long-Term Debt $2.322B $2.308B
YoY Change -9.51% -9.07%
Other Long-Term Liabilities $13.57M $13.88M
YoY Change 7.49% 7.47%
Total Long-Term Liabilities $2.336B $2.322B
YoY Change -9.42% -8.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $111.8M $148.4M
Total Long-Term Liabilities $2.336B $2.322B
Total Liabilities $2.447B $2.470B
YoY Change -10.69% -8.23%
SHAREHOLDERS EQUITY
Retained Earnings $112.7M $171.2M
YoY Change -17.9% 9.08%
Common Stock $2.634B $2.626B
YoY Change 0.47% 0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.279B $1.330B
YoY Change
Total Liabilities & Shareholders Equity $3.726B $3.800B
YoY Change -7.89% -5.65%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$58.41M $76.17M
YoY Change 198.14% -722.21%
Depreciation, Depletion And Amortization $43.50M $47.77M
YoY Change -12.86% -3.46%
Cash From Operating Activities -$17.06M $31.87M
YoY Change -181.59% -12.28%
INVESTING ACTIVITIES
Capital Expenditures $36.08M $16.97M
YoY Change -2.24% -76.45%
Acquisitions
YoY Change
Other Investing Activities $44.11M $50.00K
YoY Change 344.55% -99.15%
Cash From Investing Activities $8.031M -$16.92M
YoY Change -129.76% -74.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.91M -24.67M
YoY Change -45.14% -176.38%
NET CHANGE
Cash From Operating Activities -17.06M 31.87M
Cash From Investing Activities 8.031M -16.92M
Cash From Financing Activities 10.91M -24.67M
Net Change In Cash 1.882M -9.719M
YoY Change -86.37% -492.21%
FREE CASH FLOW
Cash From Operating Activities -$17.06M $31.87M
Capital Expenditures $36.08M $16.97M
Free Cash Flow -$53.13M $14.90M
YoY Change 232.11% -141.69%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
OFFICE PROPERTIES INCOME TRUST
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-4273474
dei Entity Address Address Line1
EntityAddressAddressLine1
Two Newton Place,
dei Entity Address Address Line2
EntityAddressAddressLine2
255 Washington Street,
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02458-1634
dei City Area Code
CityAreaCode
617
dei Local Phone Number
LocalPhoneNumber
219-1440
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
650179000 usd
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3077136000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3415500000 usd
CY2024Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
125781000 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
37310000 usd
CY2024Q3 us-gaap Real Estate Investments Joint Ventures
RealEstateInvestmentsJointVentures
17552000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
209943000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
263498000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22363000 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
17295000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
8284000 usd
CY2024Q3 us-gaap Assets
Assets
3725951000 usd
CY2023Q4 us-gaap Assets
Assets
3989669000 usd
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48755415 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48755415 shares
us-gaap Lease Income
LeaseIncome
383741000 usd
us-gaap Lease Income
LeaseIncome
399780000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
47363000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
45491000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
173579000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
971000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
30534000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17430000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
6008000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
487000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
782000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9261000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6808000 usd
us-gaap Interest Expense
InterestExpense
116405000 usd
us-gaap Interest Expense
InterestExpense
80591000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13328000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
179000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
336000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-576000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2290000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49444000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49444000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
dei Entity Central Index Key
EntityCentralIndexKey
0001456772
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Address City Or Town
EntityAddressCityOrTown
Newton,
CY2023Q4 us-gaap Real Estate Investments Joint Ventures
RealEstateInvestmentsJointVentures
18128000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12315000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13906000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14399000 usd
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
21782000 usd
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
20462000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
81097000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
80637000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
146779000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
155559000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15861000 usd
us-gaap Costs And Expenses
CostsAndExpenses
350113000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
1779000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48365000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-166000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-765000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-58414000 usd
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
146580000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
133264000 usd
CY2024Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
95395000 usd
CY2024Q3 us-gaap Unsecured Debt
UnsecuredDebt
980125000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
2400478000 usd
CY2024Q3 us-gaap Secured Debt
SecuredDebt
1341844000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
172131000 usd
CY2024Q3 opi Liabilities Held For Sale Property
LiabilitiesHeldForSaleProperty
3419000 usd
CY2023Q4 opi Liabilities Held For Sale Property
LiabilitiesHeldForSaleProperty
2525000 usd
CY2024Q3 us-gaap Other Liabilities
OtherLiabilities
105923000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
140166000 usd
CY2024Q3 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
5906000 usd
CY2023Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
7025000 usd
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
11665000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
2447365000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
2733990000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
539000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2633253000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2621493000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
100174000 usd
CY2024Q3 us-gaap Cumulative Dividends
CumulativeDividends
1467953000 usd
CY2023Q4 us-gaap Cumulative Dividends
CumulativeDividends
1466476000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
1278586000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1255679000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3989669000 usd
CY2024Q3 us-gaap Lease Income
LeaseIncome
120620000 usd
CY2023Q3 us-gaap Lease Income
LeaseIncome
133361000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
488000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
112747000 usd
CY2023Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
14257000 usd
CY2024Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
7869000 usd
CY2023Q3 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
7460000 usd
CY2024Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
26619000 usd
CY2023Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
27946000 usd
CY2024Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46047000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
52266000 usd
CY2024Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
41847000 usd
CY2023Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2024Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
738000 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
16135000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4927000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5720000 usd
CY2024Q3 us-gaap Costs And Expenses
CostsAndExpenses
144974000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
8456000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
244000 usd
CY2024Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
196000 usd
CY2023Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
281000 usd
CY2024Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2183000 usd
CY2023Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2276000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
42580000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
28835000 usd
CY2024Q3 opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
264000 usd
CY2023Q3 opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
0 usd
opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
225637000 usd
opi Gain Losson Extinguishmentof Debt Net
GainLossonExtinguishmentofDebtNet
0 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-58018000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-18733000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-58414000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48403000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48403000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1255679000 usd
CY2024Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
362000 usd
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
6000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-5184000 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3180000 usd
CY2024Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
487000 usd
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
76171000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
488000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1329699000 usd
CY2024Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
525000 usd
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 300,
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
55781219 shares
CY2024Q3 us-gaap Land
Land
716254000 usd
CY2023Q4 us-gaap Land
Land
786310000 usd
CY2024Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2980356000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3279369000 usd
CY2024Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3696610000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4065679000 usd
CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
619474000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
86971000 usd
CY2024Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
10148000 usd
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
53910981 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53910981 shares
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3725951000 usd
CY2024Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
16927000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
123784000 usd
us-gaap Costs And Expenses
CostsAndExpenses
487432000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48365000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7448000 usd
CY2024Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
170000 usd
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
502000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
1278586000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1386335000 usd
CY2023Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
477000 usd
CY2023Q1 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
15000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-446000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26710000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1359641000 usd
CY2023Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
744000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-12242000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12141000 usd
CY2023Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
658000 usd
CY2023Q3 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
240000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12147000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
us-gaap Depreciation
Depreciation
89587000 usd
us-gaap Depreciation
Depreciation
77635000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9261000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6808000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49055000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
71332000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
9562000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
7359000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
6008000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
487000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1250364000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7448000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1386335000 usd
CY2023Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
477000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-446000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26710000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1359641000 usd
CY2023Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
744000 usd
CY2023Q2 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
47000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-12242000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12141000 usd
CY2023Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
658000 usd
CY2023Q3 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
240000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12147000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1304633000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
us-gaap Depreciation
Depreciation
89587000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9261000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6808000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
71332000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
9562000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
7359000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
6008000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
487000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
173579000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
238008000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Straight Line Rent
StraightLineRent
23796000 usd
us-gaap Straight Line Rent
StraightLineRent
17120000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-587000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1053000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-576000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2290000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-6830000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1375000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
18231000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
17904000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18686000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14952000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-1119000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1297000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41442000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109133000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
93081000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
175628000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
0 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
93081000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
175628000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
0 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
3763000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
79830000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
22449000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13251000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-156942000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-29655000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
487000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7448000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
1278586000 usd
CY2023Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
477000 usd
CY2023Q1 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
15000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-446000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26710000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1359641000 usd
CY2023Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
744000 usd
CY2023Q2 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
47000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-12242000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12141000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1335955000 usd
CY2023Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
658000 usd
CY2023Q3 opi Shares Granted Value Share Based Payment Arrangement Forfeited And Repurchased
SharesGrantedValueShareBasedPaymentArrangementForfeitedAndRepurchased
240000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12147000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1304633000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
us-gaap Depreciation
Depreciation
89587000 usd
us-gaap Depreciation
Depreciation
77635000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9261000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6808000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49055000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
71332000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
9562000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
7359000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
173579000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
238008000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Straight Line Rent
StraightLineRent
23796000 usd
us-gaap Straight Line Rent
StraightLineRent
17120000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-587000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1053000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-576000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2290000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-6830000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1375000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
18231000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
17904000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4426000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18686000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14952000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-1119000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41442000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109133000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
93081000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
173579000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
238008000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Straight Line Rent
StraightLineRent
23796000 usd
us-gaap Straight Line Rent
StraightLineRent
17120000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-587000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1053000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-576000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2290000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-6830000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1375000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
18231000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
17904000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4320000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4426000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18686000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14952000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-1119000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1297000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41442000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109133000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
93081000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
175628000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
0 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
3763000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
79830000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
22449000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13251000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-156942000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
177320000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350242000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
280500000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
327000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
332000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
220000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
100000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
42226000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5843000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1477000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50998000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18636000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75188000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9555000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
27379000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26714000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12249000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36269000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39628000 usd
us-gaap Interest Paid Net
InterestPaidNet
121651000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
175628000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
0 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
3763000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
79830000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
22449000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13251000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-156942000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
177320000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350242000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
280500000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
327000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
225000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
332000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
220000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
100000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
42226000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5843000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
191000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
291000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1477000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18636000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75188000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9555000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
27379000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26714000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36269000 usd
us-gaap Interest Paid Net
InterestPaidNet
79324000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
302000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
374000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16595000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
6423000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
295462000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
0 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22363000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36269000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39628000 usd
opi Contributions To Unconsolidated Joint Ventures
ContributionsToUnconsolidatedJointVentures
3763000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
79830000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
22449000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-156942000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
177320000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350242000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
280500000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
327000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
225000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
332000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
220000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
100000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
42226000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5843000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
191000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
291000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1477000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50998000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75188000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9555000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
27379000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26714000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12249000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36269000 usd
us-gaap Interest Paid Net
InterestPaidNet
121651000 usd
us-gaap Interest Paid Net
InterestPaidNet
79324000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
302000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
374000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16595000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
41445000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
969000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
6423000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
295462000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
0 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22363000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24358000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
13906000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
15270000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39628000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
177320000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350242000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
280500000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
327000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
225000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
332000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
220000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
100000000 usd
opi Proceeds From Issuance Of Secured Term Loan
ProceedsFromIssuanceOfSecuredTermLoan
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
42226000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5843000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
191000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
291000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1477000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50998000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18636000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75188000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
27379000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26714000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12249000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36269000 usd
us-gaap Interest Paid Net
InterestPaidNet
121651000 usd
us-gaap Interest Paid Net
InterestPaidNet
79324000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
302000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
374000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
41445000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
6423000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
0 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22363000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24358000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
13906000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39628000 usd
us-gaap Interest Paid Net
InterestPaidNet
79324000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
302000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16595000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
969000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
6423000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
295462000 usd
opi Extinguishment Of Debt In Exchange For Senior Notes And Common Shares
ExtinguishmentOfDebtInExchangeForSeniorNotesAndCommonShares
0 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22363000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24358000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
13906000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39628000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
50000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
74000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
232000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-58416000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-58414000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
50000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
74000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
232000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-58416000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19643000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12499000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32513000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
50000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
74000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-58416000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19643000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12499000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32513000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49444000 shares
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-58414000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-19593000 usd
us-gaap Net Income Loss
NetIncomeLoss
12573000 usd
us-gaap Net Income Loss
NetIncomeLoss
-32281000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
50000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
74000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
232000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-58416000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19643000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32513000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48403000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49444000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49444000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48365000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48365000 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q3 opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
14 lease
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
987000 sqft
CY2024Q3 opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P10Y2M12D
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
65916000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19643000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12499000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32513000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48403000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49444000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49444000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48365000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48365000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q3 opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
14 lease
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
987000 sqft
CY2024Q3 opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P10Y2M12D
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
65916000 usd
opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
39 lease
opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
1683000 sqft
opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P9Y1M6D
opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
80875000 usd
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
100646000 usd
CY2024Q3 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
2573000 usd
CY2024Q3 opi Number Of Joint Ventures
NumberOfJointVentures
1 joint_venture
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our leases provide for base rent payments and, in addition, may include variable payments. Rental income from operating leases, including any payments derived by index or market-based indices, is recognized on a straight line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining </span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the lease term. Allowances for bad debts are recognized as a direct reduction of rental income. In certain circumstances, some leases provide the tenant with the right to terminate if the legislature or other funding authority does not appropriate the funding necessary for the tenant to meet its lease obligations; we have determined the fixed non-cancelable lease term of these leases to be the full term of the lease because we believe the occurrence of early terminations to be a remote contingency based on both our historical experience and our assessments of the likelihood of lease cancellation on a separate lease basis.</span></div>
CY2024Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8854000 usd
CY2023Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8691000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
23796000 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
134218000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
112440000 usd
CY2024Q3 us-gaap Variable Lease Income
VariableLeaseIncome
22291000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
65120000 usd
CY2024Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
21271000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
61667000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
21067000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
64627000 usd
CY2023Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
19722000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
60641000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51197000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51197000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48403000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48403000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49444000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49444000 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q3 opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
14 lease
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
987000 sqft
CY2024Q3 opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P10Y2M12D
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
65916000 usd
opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
39 lease
opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
1683000 sqft
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
100646000 usd
CY2024Q3 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
2573000 usd
CY2024Q3 opi Number Of Joint Ventures
NumberOfJointVentures
1 joint_venture
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our leases provide for base rent payments and, in addition, may include variable payments. Rental income from operating leases, including any payments derived by index or market-based indices, is recognized on a straight line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining </span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the lease term. Allowances for bad debts are recognized as a direct reduction of rental income. In certain circumstances, some leases provide the tenant with the right to terminate if the legislature or other funding authority does not appropriate the funding necessary for the tenant to meet its lease obligations; we have determined the fixed non-cancelable lease term of these leases to be the full term of the lease because we believe the occurrence of early terminations to be a remote contingency based on both our historical experience and our assessments of the likelihood of lease cancellation on a separate lease basis.</span></div>
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49444000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48365000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48365000 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
987000 sqft
opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
39 lease
opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
1683000 sqft
opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P9Y1M6D
opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
80875000 usd
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
100646000 usd
CY2024Q3 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
2573000 usd
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our leases provide for base rent payments and, in addition, may include variable payments. Rental income from operating leases, including any payments derived by index or market-based indices, is recognized on a straight line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining </span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the lease term. Allowances for bad debts are recognized as a direct reduction of rental income. In certain circumstances, some leases provide the tenant with the right to terminate if the legislature or other funding authority does not appropriate the funding necessary for the tenant to meet its lease obligations; we have determined the fixed non-cancelable lease term of these leases to be the full term of the lease because we believe the occurrence of early terminations to be a remote contingency based on both our historical experience and our assessments of the likelihood of lease cancellation on a separate lease basis.</span></div>
CY2024Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8854000 usd
CY2023Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8691000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
23796000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
17120000 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
134218000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
112440000 usd
CY2024Q3 us-gaap Variable Lease Income
VariableLeaseIncome
22291000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
65120000 usd
CY2024Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
21271000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
61667000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
21067000 usd
CY2023Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
19722000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
60641000 usd
opi Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
39 lease
opi Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
1683000 sqft
opi Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
P9Y1M6D
opi Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
80875000 usd
CY2024Q3 opi Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
100646000 usd
CY2024Q3 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
2573000 usd
CY2024Q3 opi Number Of Joint Ventures
NumberOfJointVentures
1 joint_venture
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our leases provide for base rent payments and, in addition, may include variable payments. Rental income from operating leases, including any payments derived by index or market-based indices, is recognized on a straight line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Some of our leases have options to extend or terminate the lease exercisable at the option of our tenants, which are considered when determining </span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the lease term. Allowances for bad debts are recognized as a direct reduction of rental income. In certain circumstances, some leases provide the tenant with the right to terminate if the legislature or other funding authority does not appropriate the funding necessary for the tenant to meet its lease obligations; we have determined the fixed non-cancelable lease term of these leases to be the full term of the lease because we believe the occurrence of early terminations to be a remote contingency based on both our historical experience and our assessments of the likelihood of lease cancellation on a separate lease basis.</span></div>
CY2024Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8854000 usd
CY2023Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8691000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
23796000 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
134218000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
112440000 usd
CY2024Q3 us-gaap Variable Lease Income
VariableLeaseIncome
22291000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
65120000 usd
CY2024Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
21271000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
61667000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
21067000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
64627000 usd
CY2024Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8854000 usd
CY2023Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
8691000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
23796000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
17120000 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
134218000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
112440000 usd
CY2024Q3 us-gaap Variable Lease Income
VariableLeaseIncome
22291000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
65120000 usd
CY2024Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
21271000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
61667000 usd
CY2023Q3 us-gaap Variable Lease Income
VariableLeaseIncome
21067000 usd
us-gaap Variable Lease Income
VariableLeaseIncome
64627000 usd
CY2023Q3 opi Tenant Reimbursement Income
TenantReimbursementIncome
19722000 usd
opi Tenant Reimbursement Income
TenantReimbursementIncome
60641000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.09000
CY2024Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
865219000 usd
CY2024Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
865219000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
14590000 usd
CY2024Q3 opi Number Of Real Estate Properties With Impairment Reclassified From Held For Sale
NumberOfRealEstatePropertiesWithImpairmentReclassifiedFromHeldForSale
1 property
CY2024Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1406952 shares
CY2024Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.26
CY2024Q2 opi Number Of Trustees
NumberOfTrustees
9 trustee
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
11627 shares
CY2024Q2 us-gaap Share Price
SharePrice
2.15
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
544555 shares
CY2024Q3 us-gaap Share Price
SharePrice
2.13
CY2024Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
76642 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
85016 shares
CY2024Q3 opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.22
opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.25
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.09000
CY2024Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
865219000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
14590000 usd
CY2024Q3 opi Number Of Real Estate Properties With Impairment Reclassified From Held For Sale
NumberOfRealEstatePropertiesWithImpairmentReclassifiedFromHeldForSale
1 property
CY2024Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1406952 shares
CY2024Q2 us-gaap Share Price
SharePrice
2.15
CY2024Q3 us-gaap Share Price
SharePrice
2.13
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
85016 shares
CY2024Q3 opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.22
opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.25
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
487000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
488000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.09000
CY2024Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
865219000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
14590000 usd
CY2024Q3 opi Number Of Real Estate Properties With Impairment Reclassified From Held For Sale
NumberOfRealEstatePropertiesWithImpairmentReclassifiedFromHeldForSale
1 property
CY2024Q2 us-gaap Share Price
SharePrice
2.15
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
544555 shares
CY2024Q3 us-gaap Share Price
SharePrice
2.13
CY2024Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
76642 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
85016 shares
CY2024Q3 opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.22
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
487000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
567429000 usd
CY2024Q2 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.09000
CY2024Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
865219000 usd
us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
14590000 usd
CY2024Q3 opi Number Of Real Estate Properties With Impairment Reclassified From Held For Sale
NumberOfRealEstatePropertiesWithImpairmentReclassifiedFromHeldForSale
1 property
CY2024Q2 us-gaap Share Price
SharePrice
2.15
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
544555 shares
CY2024Q3 us-gaap Share Price
SharePrice
2.13
CY2024Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
76642 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
85016 shares
CY2024Q3 opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.22
opi Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
2.25
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
487000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
502000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
us-gaap Dividends Common Stock
DividendsCommonStock
1477000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
487000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
488000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
502000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
488000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
502000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
us-gaap Dividends Common Stock
DividendsCommonStock
1477000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
502000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
opi-20240930_pre.xml Edgar Link unprocessable
0001456772-24-000052-index-headers.html Edgar Link pending
0001456772-24-000052-index.html Edgar Link pending
0001456772-24-000052.txt Edgar Link pending
0001456772-24-000052-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
opi-20240930.htm Edgar Link pending
opi-20240930.xsd Edgar Link pending
opi-20240930_cal.xml Edgar Link unprocessable
opi-20240930_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
opi-20240930_lab.xml Edgar Link unprocessable
opi-20240930_htm.xml Edgar Link completed
opi_93024x10qex311.htm Edgar Link pending
opi_93024x10qex312.htm Edgar Link pending
opi_93024x10qex313.htm Edgar Link pending
opi_93024x10qex314.htm Edgar Link pending
opi_93024x10qex321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
opi-20240930_pre.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
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
0001456772-24-000052-index-headers.html Edgar Link pending
0001456772-24-000052-index.html Edgar Link pending
0001456772-24-000052.txt Edgar Link pending
0001456772-24-000052-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
opi-20240930.htm Edgar Link pending
opi-20240930.xsd Edgar Link pending
opi_93024x10qex311.htm Edgar Link pending
opi_93024x10qex312.htm Edgar Link pending
opi_93024x10qex313.htm Edgar Link pending
opi_93024x10qex314.htm Edgar Link pending
opi_93024x10qex321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
opi-20240930_cal.xml Edgar Link unprocessable
opi-20240930_def.xml Edgar Link unprocessable
opi-20240930_lab.xml Edgar Link unprocessable
opi-20240930_htm.xml Edgar Link completed
R6.htm Edgar Link pending
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