{"schema_version":"secwatch.filing_event.v1","accession":"0000790816-26-000014","form_type":"8-K","ticker":null,"cik":"0001060386","company_name":"BRANDYWINE OPERATING PARTNERSHIP, L.P.","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.890236+00:00","generated_at":"2026-05-15T04:24:22.633138+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Brandywine Realty Q1 net loss widens to $48.9M; FFO $0.11/shr; narrows 2026 FFO guidance","bullets":["Net loss $(48.9)M ($0.28/shr) vs $(27.4)M ($0.16/shr) prior year; includes $11.9M impairment.","FFO available to common shareholders $20.0M ($0.11/shr) down from $24.7M ($0.14/shr) in Q1 2025.","Core portfolio 88.3% occupied, 89.9% leased; leased 268k sq ft in wholly-owned portfolio.","2026 FFO guidance narrowed to $0.52-$0.58 from $0.51-$0.59; EPS loss guidance widened to $(0.76)-(0.70).","Disposition target $290M; $305M under agreement or due diligence; Avira financing up to $100M."],"urls":{"canonical":"https://secwatch.observer/filing/0000790816-26-000014","json":"https://secwatch.observer/filing/0000790816-26-000014.json","markdown":"https://secwatch.observer/filing/0000790816-26-000014.md","text":"https://secwatch.observer/filing/0000790816-26-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1060386/000079081626000014/0000790816-26-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790816/000079081626000014/bdn-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:24:22.633138+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":"16d7f0735682706eacd0d0097eac170a0d95406f","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. reported first quarter 2026 (three months ended March 31, 2026) results: net income $(48.9) million, EPS $(0.28) per share.","evidence_excerpt":"Net loss attributable to common shareholders: $(48.9) million, or $(0.28) per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000079081626000014/0000790816-26-000014-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026 (three months ended March 31, 2026)"},{"label":"Net income","value":"$(48.9) million"},{"label":"EPS","value":"$(0.28) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"66ad6d7e1ff7fe8418b4c1fd258523de30549120","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. reported fiscal year 2026 results: EPS loss per diluted share guidance adjusted from $(0.66)-$(0.58) to $(0.76)-$(0.70); FFO per diluted share guidance narrowe. Guidance reaffirmed.","evidence_excerpt":"Based on current plans and assumptions and subject to the risks and uncertainties more fully described in our Securities and Exchange Commission filings, we are adjusting our 2026 loss per share guidance from $(0.66) - $(0.58) per share to $(0.76) – $(0.70) per share and 2026 FFO guidance from $0.51 - $0.59 per diluted share to $0.52 - $0.58 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000079081626000014/0000790816-26-000014-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2026"},{"label":"EPS","value":"loss per diluted share guidance adjusted from $(0.66)-$(0.58) to $(0.76)-$(0.70); FFO per diluted share guidance narrowe"},{"label":"Guidance","value":"reaffirmed"},{"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"}