Orion Properties Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Debt, Net - Credit Agreement (Details)

Debt, Net - Credit Agreement (Details) $ in Thousands		3 Months Ended				9 Months Ended
Debt, Net - Credit Agreement (Details) $ in Thousands	Feb. 18, 2026 USD ($) extension	Sep. 30, 2026 USD ($)	Jun. 30, 2026 USD ($)	Mar. 31, 2026 USD ($)	Sep. 30, 2025 USD ($)	Sep. 30, 2026 USD ($)	Sep. 30, 2025 USD ($)	Aug. 07, 2026 USD ($)	May 15, 2026 USD ($) property	Feb. 17, 2026 USD ($)	Dec. 31, 2025 USD ($)	May 12, 2025 USD ($)	Nov. 13, 2023 USD ($)
Debt Instrument [Line Items]
Loss on extinguishment of debt, net		$ 0			$ 0	$ 532	$ 0
Interest rate collars \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount											$ 75,000		$ 60,000
Interest Rate Collar on $25.0 Million \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount													$ 25,000
Interest Rate Collar on $25.0 Million \| Designated as Hedging Instrument \| Maximum
Debt Instrument [Line Items]
Benchmark rate (as a percent)													5.50%
Interest Rate Collar on $25.0 Million \| Designated as Hedging Instrument \| Minimum
Debt Instrument [Line Items]
Benchmark rate (as a percent)													4.20%
Interest Rate Collar on $35.0 Million \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount													$ 35,000
Interest Rate Collar on $35.0 Million \| Designated as Hedging Instrument \| Maximum
Debt Instrument [Line Items]
Benchmark rate (as a percent)													5.50%
Interest Rate Collar on $35.0 Million \| Designated as Hedging Instrument \| Minimum
Debt Instrument [Line Items]
Benchmark rate (as a percent)													4.035%
Interest Rate Collar on $75.0 Million \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount												$ 75,000
Interest Rate Collar on $75.0 Million \| Designated as Hedging Instrument \| Maximum
Debt Instrument [Line Items]
Benchmark rate (as a percent)												4.29%
Interest Rate Collar on $75.0 Million \| Designated as Hedging Instrument \| Minimum
Debt Instrument [Line Items]
Benchmark rate (as a percent)												3.28%
Interest rate cap \| Not Designated as Hedging Instrument
Debt Instrument [Line Items]
Derivative notional amount								$ 50,000
Benchmark rate (as a percent)								4.25%
Original Revolving Facility
Debt Instrument [Line Items]
Total amount of drawings						18,000	13,000
Repayments of lines of credit						110,000	22,000
New Revolving Facility
Debt Instrument [Line Items]
Total amount of drawings						127,000	0
Repayments of lines of credit						25,000	$ 0
Covenant, net worth requirement, minimum		$ 740,600				740,600
Credit facility revolver \| Line of Credit
Debt Instrument [Line Items]
Loss on extinguishment of debt, net						$ 200
Covenant, total debt to total asset value, maximum		0.60				0.60
Covenant, adjusted EBITDA to fixed charges, minimum		1.50				1.50
Collateral property, debt yield (as a percent)						13.00%
Effective interest rate (as a percent)		6.62%				6.62%
Credit facility revolver \| Original Revolving Facility \| Line of Credit
Debt Instrument [Line Items]
Borrowing capacity										$ 350,000
Loss on extinguishment of debt, net				$ 200
Credit facility revolver \| New Revolving Facility \| Line of Credit
Debt Instrument [Line Items]
Borrowing capacity	$ 215,000								$ 215,000
Total amount of drawings				$ 127,000
Repayments of lines of credit			$ 25,000
Number of extension options \| extension	2
Optional term extension period	6 months
Commitment fee (as a percent)	0.25%
Number of properties pledged as collateral \| property									29
Net cash proceeds for repayment of debt (as a percent)	100.00%
Net proceeds from any equity offering (percent)						75.00%
Collateral property, minimum amount						$ 215,000
Collateral property, appraised value (as a percent)		60.00%				60.00%
Credit facility revolver \| New Revolving Facility \| Line of Credit \| Orion Operating Partnership
Debt Instrument [Line Items]
Unrestricted cash and cash equivalents	$ 25,000
Credit facility revolver \| New Revolving Facility \| Line of Credit \| SOFR
Debt Instrument [Line Items]
Spread on variable rate (as a percent)	2.75%
Basis point adjustment	0.10%
Credit facility revolver \| New Revolving Facility \| Line of Credit \| Base Rate
Debt Instrument [Line Items]
Spread on variable rate (as a percent)	1.75%
Basis point SOFR adjustment	0.50%