{"schema_version":"secwatch.filing_event.v1","accession":"0001526113-23-000018","form_type":"8-K","ticker":"GNL","cik":"0001526113","company_name":"Global Net Lease, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.193469+00:00","generated_at":"2026-06-12T08:09:34.036480+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GNL Q2 net loss $31.4M ($0.30/sh) vs $5.8M loss; AFFO $0.40/sh; RTL merger on track","bullets":["Net loss attributable to common stockholders $31.4M ($0.30 diluted sh) vs $5.8M loss ($0.06) in Q2 2022; loss driven by $22M proxy expenses and $6.3M merger costs.","Core FFO $27.7M ($0.27/sh) vs $50.0M ($0.48) in Q2 2022; AFFO $41.4M ($0.40) vs $45.0M ($0.43) prior year.","Revenue $95.8M vs $95.2M in Q2 2022; portfolio 97.7% leased with 7.6 yr WALT; 60% investment grade tenants.","Merger with RTL expected close Sept 2023; 9% accretive to AFFO/sh in first quarter after close; $75M annual cost savings.","Dividend declared $0.40/sh, matching AFFO per share; net debt to enterprise value 65.2%; weighted avg debt rate 4.8%."],"urls":{"canonical":"https://secwatch.observer/filing/0001526113-23-000018","json":"https://secwatch.observer/filing/0001526113-23-000018.json","markdown":"https://secwatch.observer/filing/0001526113-23-000018.md","text":"https://secwatch.observer/filing/0001526113-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1526113/000152611323000018/0001526113-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1526113/000152611323000018/gnl-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:09:34.036480+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":"8cbea6e831fb95ac9ff0f14d6fb6a07d02f12a96","claim":"Global Net Lease, Inc. reported the quarter ended June 30, 2023 results: revenue $95.8 million, net income $(31.4) million, EPS $(0.30) per diluted share.","evidence_excerpt":"in the first quarter after closing, compared to the first quarter of 2023 ◦ Create $75 million of annual cost savings anticipated within twelve months of closing • Revenue was $95.8 million compared to $95.2 million in second quarter 2022 • Net loss attributable to common stockholders was $31.4 million, or $0.30 per diluted share, compared to $5.8 million, or $0.06","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1526113/000152611323000018/0001526113-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$95.8 million"},{"label":"Net income","value":"$(31.4) million"},{"label":"EPS","value":"$(0.30) 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"}