{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-115047","form_type":"8-K","ticker":"IIPR","cik":"0001677576","company_name":"INNOVATIVE INDUSTRIAL PROPERTIES INC","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.198491+00:00","generated_at":"2026-05-30T03:37:57.600080+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IIPR Q3 2024 revenue $76.5M, EPS $1.37; AFFO $2.25/shr, dividend $1.90","bullets":["Total rev $76.5M (-1.7% YoY); net income $39.7M ($1.37 diluted EPS) vs $1.45 in Q3 2023.","AFFO $64.3M ($2.25/shr) vs $2.29/shr YoY; normalized FFO $2.02/shr vs $2.09.","Quarterly dividend $1.90/shr paid Oct 15; AFFO payout ratio 84%.","Portfolio 108 properties, 95.7% leased; WALT 14.0 yrs; $222.4M liquidity.","Applied $1.4M security deposits for rent from 4Front, TILT, Emerald Growth; terminated Temescal lease."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-115047","json":"https://secwatch.observer/filing/0001104659-24-115047.json","markdown":"https://secwatch.observer/filing/0001104659-24-115047.md","text":"https://secwatch.observer/filing/0001104659-24-115047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677576/000110465924115047/0001104659-24-115047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677576/000110465924115047/tm2427751d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:37:57.600080+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"}