{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-016443","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.156611+00:00","generated_at":"2026-06-16T04:12:18.101819+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NNN REIT Q1 FFO $0.80/share (+6.7% YoY), occupancy 99.4%","bullets":["Revenue $204.1M, net earnings $90.2M ($0.50 EPS), vs $190.3M and $81.4M ($0.46) in Q1 2022.","Core FFO $0.80/share (+3.9% YoY); AFFO $0.82/share (+3.8% YoY).","Occupancy 99.4%; weighted avg lease term 10.3 years at March 31, 2023.","Acquired 43 properties for $156.2M at 7.0% initial cap rate; sold 6 properties for $11.9M.","Raised $16.9M net from share issuance; unsecured debt weighted avg maturity 12.9 years."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-016443","json":"https://secwatch.observer/filing/0000950170-23-016443.json","markdown":"https://secwatch.observer/filing/0000950170-23-016443.md","text":"https://secwatch.observer/filing/0000950170-23-016443.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017023016443/0000950170-23-016443-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017023016443/nnn-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:12:18.101819+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":"8f7eb520f6760f2031f57ffe7fb34e0ae0221ddf","claim":"NNN REIT, INC. reported the quarter ended March 31, 2023 results: revenue $ 204,108, net income $ 90,167, EPS $ 0.50.","evidence_excerpt":"FFO, Core FFO and AFFO available to common stockholders and diluted per share amounts: Quarter Ended March 31, 2023 2022 (dollars in thousands, except per share data) Revenues $ 204,108 $ 190,279 Net earnings available to common stockholders $ 90,167 $ 81,372 Net earnings per common share $ 0.50 $ 0.46 FFO available to common stockholders $ 145,549 $ 131,593 FFO","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017023016443/0000950170-23-016443-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 204,108"},{"label":"Net income","value":"$ 90,167"},{"label":"EPS","value":"$ 0.50"},{"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"}