{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-23-000019","form_type":"8-K/A","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.391998+00:00","generated_at":"2026-06-17T08:46:50.846882+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stratus Properties reports record FY2022 net income of $90.4M; sells Block 21 for $260M","bullets":["Record net income attributable to common stockholders of $90.4M ($10.99 diluted EPS) vs $57.4M ($6.90) in 2021.","Completed sale of Block 21 for $260M, recording pre-tax gain of $119.7M in discontinued operations.","Paid special cash dividend of $4.67/share ($40M total) and initiated $10M share repurchase program (bought $8.7M through March 27, 2023).","Total stockholders' equity rose to $207.2M from $158.1M; after-tax NAV per share $42.94 vs $48.80 (decrease due to dividend).","New projects: Holden Hills (475 residences) broke ground in Q1 2023; The Saint George (316 units) construction started; The Saint June (182 units) expected completion Q3 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-23-000019","json":"https://secwatch.observer/filing/0000885508-23-000019.json","markdown":"https://secwatch.observer/filing/0000885508-23-000019.md","text":"https://secwatch.observer/filing/0000885508-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000019/0000885508-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000019/strs-20230331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:46:50.846882+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":"2f211118ac95961a533c4cb158fe5a4e1e476cf2","claim":"STRATUS PROPERTIES INC reported year ended December 31, 2022 results: revenue 37,498, net income 90,400,000, EPS 10.99.","evidence_excerpt":"Year Ended December 31, 2022 2021 Revenues Real estate operations $ 24,750 $ 8,466 Leasing operations 12,754 19,787 Eliminations and other (6) (17) Total consolidated revenue $ 37,498 $ 28,236 Operating (loss) income Real estate operations $ 164 $ (3,272) Leasing operations a 9,621 111,369 Corporate, eliminations and other b (17,548) (24,437) Total consolidated","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000019/0000885508-23-000019-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2022"},{"label":"Revenue","value":"37,498"},{"label":"Net income","value":"90,400,000"},{"label":"EPS","value":"10.99"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}