{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-23-000053","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.251565+00:00","generated_at":"2026-06-08T04:26:05.091447+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Stratus Properties Q3 2023 net loss $2.8M ($0.35/share) vs loss $2.4M; revenue down 63% to $3.7M","bullets":["Net loss attributable to common stockholders $2.8M ($0.35 diluted) vs $2.4M loss ($0.29) in Q3 2022.","Total revenue $3.7M, down from $10.0M; no real estate sales in Q3 2023 vs $6.9M in prior year.","EBITDA negative $1.9M vs negative $1.2M in Q3 2022.","Completed construction of The Saint June; 25% of units leased with rents above initial projections.","Board authorized new $5M share repurchase program; prior $10M program completed with 389,378 shares repurchased at avg $25.68."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-23-000053","json":"https://secwatch.observer/filing/0000885508-23-000053.json","markdown":"https://secwatch.observer/filing/0000885508-23-000053.md","text":"https://secwatch.observer/filing/0000885508-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000053/0000885508-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000053/strs-20231114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T04:26:05.091447+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":"b833a24fcd5c1114921e315f2739c9c420cc4efe","claim":"STRATUS PROPERTIES INC reported third-quarter 2023 results: revenue $3,669 $ 9,977 $ 13,001 $ 24,201, net income Net loss attributable to common stockholders totaled $2.8 million, or $0.35 per diluted share, EPS $0.35 per diluted share.","evidence_excerpt":"30, September 30, 2023 2022 2023 2022 (In Thousands, Except Per Share Amounts) (Unaudited) Revenues Real Estate Operations $ — $ 6,887 $ 2,551 $ 14,837 Leasing Operations 3,669 3,090 10,450 9,370 Eliminations and other — — — (6) Total Consolidated Revenue $ 3,669 $ 9,977 $ 13,001 $ 24,201 Operating (loss) income Real Estate Operations a $ (1,505) $ (89)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000053/0000885508-23-000053-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third-quarter 2023"},{"label":"Revenue","value":"$3,669 $ 9,977 $ 13,001 $ 24,201"},{"label":"Net income","value":"Net loss attributable to common stockholders totaled $2.8 million, or $0.35 per diluted share"},{"label":"EPS","value":"$0.35 per diluted share"},{"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"}