{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-113574","form_type":"8-K","ticker":"IIPR","cik":"0001677576","company_name":"INNOVATIVE INDUSTRIAL PROPERTIES INC","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.032843+00:00","generated_at":"2026-06-09T00:33:35.029577+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IIPR Q3 2023 total revenues $77.8M (+10% YoY), AFFO $2.29/share, rent collection 97%","bullets":["Net income $41.3M ($1.45 diluted EPS) vs $1.32 prior year; AFFO $64.8M ($2.29/share) up 7.5%.","Total revenues $77.8M, up 10% YoY on tenant reimbursements and rent escalations.","Rent collection 97% for Q3; $2.2M security deposits applied, $2.2M uncollected from Parallel default.","Entered $30M revolving credit facility maturing 2026; lease amendment with Goodness Growth with $14M improvement allowance.","Debt to gross assets 12%; no debt maturities until 2026 except $4.4M exchangeable notes in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-113574","json":"https://secwatch.observer/filing/0001104659-23-113574.json","markdown":"https://secwatch.observer/filing/0001104659-23-113574.md","text":"https://secwatch.observer/filing/0001104659-23-113574.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923113574/0001104659-23-113574-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923113574/tm2329637d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:33:35.029577+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":"68524b30f4b519e302e0a64314508ec9c9fd632d","claim":"INNOVATIVE INDUSTRIAL PROPERTIES INC reported the third quarter ended September 30, 2023 results: revenue total revenues of approximately $77.8 million, net income net income attributable to common stockholders of approximately $41.3 million, EPS $1.45 per share.","evidence_excerpt":"announced today results for the third quarter ended September 30, 2023. Third Quarter 2023 and Subsequent Events Financial Results · Generated total revenues of approximately $77.8 million in the quarter, representing a 10% increase from the prior year’s quarter. · Recorded net income attributable to common stockholders of approximately $41.3 million for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923113574/0001104659-23-113574-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"total revenues of approximately $77.8 million"},{"label":"Net income","value":"net income attributable to common stockholders of approximately $41.3 million"},{"label":"EPS","value":"$1.45 per 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"}