{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-055946","form_type":"8-K","ticker":"FBRT","cik":"0001562528","company_name":"Franklin BSP Realty Trust, Inc.","filed_at":"2022-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.209820+00:00","generated_at":"2026-06-25T23:39:46.412632+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FBRT Q1 GAAP net loss $22.5M; Run-Rate Distributable Earnings $40.1M; ARM portfolio slashed to $1.9B","bullets":["GAAP net loss $22.5M ($0.30 per fully converted share) vs $72.9M loss in Q4 2021.","Run-Rate Distributable Earnings $40.1M ($0.39 per share); dividend $0.355 per share.","ARM portfolio reduced from $4.6B to $1.9B in Q1, further to $649M by May 3 (91% decline from Sept 2021).","Core CRE portfolio grew to $4.6B with $603M in new commitments; one non-performing loan.","Book value $16.50 per fully converted share; advisor bought 573k shares for $7.5M in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-055946","json":"https://secwatch.observer/filing/0001104659-22-055946.json","markdown":"https://secwatch.observer/filing/0001104659-22-055946.md","text":"https://secwatch.observer/filing/0001104659-22-055946.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562528/000110465922055946/0001104659-22-055946-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562528/000110465922055946/tm2214386d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:39:46.412632+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}