{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-192152","form_type":"8-K","ticker":"FCPT","cik":"0001650132","company_name":"Four Corners Property Trust, Inc.","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.663257+00:00","generated_at":"2026-05-15T02:10:00.168616+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FCPT Q1 AFFO $0.45 (+3.4% YoY), revenue $69.8M (+10%), new $200M term loan","bullets":["Rental revenue $69.8M, +10% YoY; AFFO per share $0.45, +3.4% YoY; FFO $0.42, +4.7% YoY.","Net income attributable to common shareholders $30.3M ($0.28 diluted EPS) vs $26.2M ($0.26) prior year.","Acquired 10 properties for $26.2M at 6.8% initial cash yield; portfolio 99.6% occupied, 1,313 properties.","New $200M senior unsecured delayed draw term loan (7-yr, SOFR+1.25%); $50M drawn, remaining to fund pipeline.","Dividend maintained at $0.3665/share; leverage 5.0x net debt/EBITDA; liquidity ~$380M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-192152","json":"https://secwatch.observer/filing/0001193125-26-192152.json","markdown":"https://secwatch.observer/filing/0001193125-26-192152.md","text":"https://secwatch.observer/filing/0001193125-26-192152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650132/000119312526192152/0001193125-26-192152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650132/000119312526192152/fcpt-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:10:00.168616+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":"c778c852e5eec84f5ae5d58341683fc76c6af3a0","claim":"Four Corners Property Trust, Inc. reported the three months ended March 31, 2026 results: revenue $69.8 million, net income $30.3 million, EPS $0.28 per diluted share.","evidence_excerpt":"March 31, 2026. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the first quarter increased 10.0% over the prior year to $69.8 million. Rental revenue consisted of $70.0 million in cash rents and $0.2 of straight-line and other non-cash rent adjustments. • Net income attributable to common shareholders was $30.3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650132/000119312526192152/0001193125-26-192152-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Revenue","value":"$69.8 million"},{"label":"Net income","value":"$30.3 million"},{"label":"EPS","value":"$0.28 per diluted 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"}