{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-049671","form_type":"8-K","ticker":"RPT","cik":"0001614806","company_name":"Rithm Property Trust Inc.","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.259246+00:00","generated_at":"2026-06-03T13:59:53.728112+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Great Ajax estimates Q1 GAAP book value drop to $6.81-$6.88 from $9.99; net loss per share $(1.90)-$(2.06)","bullets":["Estimated GAAP net loss attributable to common stockholders of $(58.7M) to $(63.2M), or $(1.90) to $(2.06) per share.","Non-GAAP operating loss per common share estimated at $(0.13) to $(0.15), compared to $(0.07) in Q4 2023.","Book value per share decline driven by GAAP net loss, preferred stock exchange, and cash dividends paid.","Company also noted upcoming stockholders' meeting to approve proposed transaction with Rithm Capital Corp."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-049671","json":"https://secwatch.observer/filing/0001104659-24-049671.json","markdown":"https://secwatch.observer/filing/0001104659-24-049671.md","text":"https://secwatch.observer/filing/0001104659-24-049671.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614806/000110465924049671/0001104659-24-049671-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614806/000110465924049671/tm2411995d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:59:53.728112+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":"c18fef680b68208a45bf068ac975e90226ed26a8","claim":"Rithm Property Trust Inc. reported quarter ended March 31, 2024 results: net income GAAP consolidated net loss attributable to common stockholders of between $(58.7) million or $(1.90) per common share an, EPS between $(1.90) and $(2.06) per common share.","evidence_excerpt":"For the quarter ended March 31, 2024, Great Ajax estimates a GAAP consolidated net loss attributable to common stockholders of between $(58.7) million or $(1.90) per common share and $(63.2) million or $(2.06) per common share compared to $(23.2) million or $(0.86) per common share for the quarter ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1614806/000110465924049671/0001104659-24-049671-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2024"},{"label":"Net income","value":"GAAP consolidated net loss attributable to common stockholders of between $(58.7) million or $(1.90) per common share an"},{"label":"EPS","value":"between $(1.90) and $(2.06) per common share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}