{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-004920","form_type":"8-K","ticker":"WSR","cik":"0001175535","company_name":"Whitestone REIT","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.048612+00:00","generated_at":"2026-06-18T21:06:09.264401+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Whitestone REIT posts record occupancy 93.7%, Q4 FFO $0.23 vs $0.21; FY23 FFO guided $0.95-0.99","bullets":["Q4 revenue $34.9M (+4.8% YoY); net income $19.9M ($0.40 diluted) vs $2.6M ($0.05).","Full-year FFO per diluted share $1.03, up from $0.86 in 2021; same-store NOI grew 7.9%.","Record leased occupancy 93.7% (+240bps YoY); total rental rate growth 23.5% GAAP.","2023 guidance: FFO $0.95-$0.99/sh; same-store NOI growth 2.5%-4.5%; occupancy 93.5%-94.5%.","Quarterly dividend raised 11.6% to $0.12/sh; debt/EBITDAre improved to 7.8x."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-004920","json":"https://secwatch.observer/filing/0001437749-23-004920.json","markdown":"https://secwatch.observer/filing/0001437749-23-004920.md","text":"https://secwatch.observer/filing/0001437749-23-004920.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175535/000143774923004920/0001437749-23-004920-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175535/000143774923004920/wstr20221230_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T21:06:09.264401+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":"44c9daaa1c07b8172086b99d830a549c48a6c940","claim":"Whitestone REIT reported Fourth Quarter 2022 results: revenue $34.9 million, net income $19.9 million, EPS $0.40 per diluted share.","evidence_excerpt":"Revenues of $34.9 million versus $33.3 million for the fourth quarter of 2021. • Net Income attributable to common shareholders of $19.9 million, or $0.40 per diluted share, versus $2.6 million, or $0.05 per diluted share for the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175535/000143774923004920/0001437749-23-004920-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2022"},{"label":"Revenue","value":"$34.9 million"},{"label":"Net income","value":"$19.9 million"},{"label":"EPS","value":"$0.40 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"50643000ae243f2b0e268711f4be226309f990a1","claim":"Whitestone REIT reported Full Year 2022 results: revenue $139.4 million, net income $35.3 million, EPS $0.71 per diluted share.","evidence_excerpt":"Revenues of $139.4 million versus $125.4 million for 2021. • Net income attributable to common shareholders of $35.3 million, or $0.71 per diluted share, versus $12.0 million, or $0.26 per diluted share for 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175535/000143774923004920/0001437749-23-004920-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2022"},{"label":"Revenue","value":"$139.4 million"},{"label":"Net income","value":"$35.3 million"},{"label":"EPS","value":"$0.71 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"83026273bb938c8742b27dac8802fc79feefa51d","claim":"Whitestone REIT reported 2023 Full Year results: net income $14,400 - $16,500, EPS $0.29 - $0.33 per diluted share. Guidance initiated.","evidence_excerpt":"The Company currently estimates that U.S. generally accepted accounting principles (\"GAAP\") net income available to common shareholders will be within the range of $0.29 to $0.33 per diluted share, and FFO will be within the range of $0.95 to $0.99 per diluted share and OP Unit.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175535/000143774923004920/0001437749-23-004920-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023 Full Year"},{"label":"Net income","value":"$14,400 - $16,500"},{"label":"EPS","value":"$0.29 - $0.33 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}