{"schema_version":"secwatch.filing_event.v1","accession":"0000790816-24-000017","form_type":"8-K","ticker":null,"cik":"0001060386","company_name":"BRANDYWINE OPERATING PARTNERSHIP, L.P.","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.119649+00:00","generated_at":"2026-06-03T18:00:40.694792+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Brandywine Q1 net loss $16.7M, FFO $0.24; narrows 2024 FFO guidance to $0.90-$0.97","bullets":["Net loss allocated to common shares of ($16.7M) or ($0.10) per diluted share vs. ($5.3M) loss in Q1 2023.","FFO of $41.2M ($0.24/diluted share) vs. $50.8M ($0.29) YoY; FFO payout ratio 62.5%.","Core portfolio 87.7% occupied, 89.0% leased; same-store NOI up 1.9% accrual, 5.3% cash.","Issued $400M 8.875% unsecured notes due 2029; net proceeds to retire $335M 4.10% notes due Oct 2024.","Narrowed 2024 FFO guidance to $0.90-$0.97 per share (from $0.90-$1.00); loss per share $(0.36)-$(0.29)."],"urls":{"canonical":"https://secwatch.observer/filing/0000790816-24-000017","json":"https://secwatch.observer/filing/0000790816-24-000017.json","markdown":"https://secwatch.observer/filing/0000790816-24-000017.md","text":"https://secwatch.observer/filing/0000790816-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1060386/000079081624000017/0000790816-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790816/000079081624000017/bdn-20240417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T18:00:40.694792+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f6205fa90a1826b30877322ef4695dbb4a5b48c","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. reported three months ended March 31, 2024 results: net income ($16.7) million, EPS ($0.10) per share.","evidence_excerpt":"Net loss allocated to common shareholders: ($16.7) million, or ($0.10) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000079081624000017/0000790816-24-000017-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Net income","value":"($16.7) million"},{"label":"EPS","value":"($0.10) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c4e6e764f4045d724f7c95306edfe2054561cdb8","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. reported 2024 results: EPS $(0.36) - $(0.29) per share.","evidence_excerpt":"we are adjusting our 2024 loss per share guidance from $(0.36) - $(0.26) to $(0.36) - $(0.29) per share and 2024 narrowing our FFO guidance from $0.90 - $1.00 to $0.90 - $0.97 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000079081624000017/0000790816-24-000017-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"EPS","value":"$(0.36) - $(0.29) per share"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}