{"schema_version":"secwatch.filing_event.v1","accession":"0001042776-23-000147","form_type":"8-K","ticker":"PDM","cik":"0001042776","company_name":"Piedmont Realty Trust, Inc.","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.995656+00:00","generated_at":"2026-06-13T05:21:29.851144+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Piedmont Q2 net loss $2.0M ($0.02/sh); issues $400M 9.25% notes; lowers Core FFO guidance","bullets":["Net loss applicable to Piedmont of $2.0M vs net income $8.0M in Q2 2022; diluted EPS -$0.02 vs +$0.06.","Core FFO $0.45/diluted share vs $0.50 a year ago; increase in interest expense of $9.6M drove the decline.","Closed $400M senior notes offering at 9.25% due 2028; proceeds to fund tender offer for 2024 notes.","Leased 581k sq ft in Q2 (70% retention, 14%+ cash rent roll up); leased percentage 86.2% at June 30.","Revised 2023 Core FFO guidance to $1.74-$1.80/sh from $1.80-$1.90, reflecting higher interest expense."],"urls":{"canonical":"https://secwatch.observer/filing/0001042776-23-000147","json":"https://secwatch.observer/filing/0001042776-23-000147.json","markdown":"https://secwatch.observer/filing/0001042776-23-000147.md","text":"https://secwatch.observer/filing/0001042776-23-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042776/000104277623000147/0001042776-23-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042776/000104277623000147/pdm-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:21:29.851144+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":"d927c489460173c5769afcd205828a89afb9864b","claim":"Piedmont Realty Trust, Inc. reported second quarter 2023 results: net income $(1,988), EPS $(0.02). Guidance reaffirmed.","evidence_excerpt":"Net income/(loss) applicable to Piedmont $(1,988) $7,966 Net income/(loss) per share applicable to common stockholders - diluted $(0.02) $0.06","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042776/000104277623000147/0001042776-23-000147-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Net income","value":"$(1,988)"},{"label":"EPS","value":"$(0.02)"},{"label":"Guidance","value":"reaffirmed"},{"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"}