---
schema_version: "secwatch.filing_event.v1"
accession: "0000014846-22-000034"
form_type: "8-K"
ticker: "BRT"
cik: "0000014846"
company_name: "BRT Apartments Corp."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:43:56.709959+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BRT Apartments Q2 net income $1.91/diluted (up 461.8% YoY); AFFO $0.37 (up 19.4%)

## Summary
- Net income $35.61M ($1.91/diluted) vs $6.03M ($0.34) in Q2 2021 helped by $40.1M equity earnings from JV property sales.
- AFFO per diluted share $0.37 vs $0.31 YoY, driven by improved operating margins across portfolio and lower interest expense.
- FFO per diluted share fell to $0.20 from $0.29 due to higher mortgage prepayment charges and state income taxes.
- Year-to-date acquired partners' remaining interests in 11 properties for $105.45M, expanding ownership in growth markets.
- CEO noted fixed-rate mortgage debt lessens inflation impact and ample liquidity to address economic uncertainty.

## SEC filing metadata
- accession: 0000014846-22-000034
- form_type: 8-K
- ticker: BRT
- cik: 0000014846
- company_name: BRT Apartments Corp.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14846/000001484622000034/0000014846-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14846/000001484622000034/brt-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014846-22-000034
- JSON: https://secwatch.observer/filing/0000014846-22-000034.json
- Plain text: https://secwatch.observer/filing/0000014846-22-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
