{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-006329","form_type":"8-K","ticker":"PINE","cik":"0001786117","company_name":"Alpine Income Property Trust, Inc.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.571056+00:00","generated_at":"2026-06-16T22:40:15.190817+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Alpine Income Trust Q1 FFO down 26.5% to $0.36; net income up on property sales","bullets":["Net income attributable to PINE of $3.3M ($0.21/diluted share), up 314% YoY due to $4.5M gains on property sales.","FFO per diluted share $0.36 (down 26.5% YoY); AFFO per share $0.36 (down 25% YoY).","Total revenues $11.2M, up 3.4% YoY.","Sold 10 net lease properties for $56.2M at 6.1% exit cap rate; investment-grade tenant exposure rose to 58%.","Dividend declared $0.275/share, up 1.9% YoY; no floating-rate debt and no maturities until 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-006329","json":"https://secwatch.observer/filing/0001558370-23-006329.json","markdown":"https://secwatch.observer/filing/0001558370-23-006329.md","text":"https://secwatch.observer/filing/0001558370-23-006329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786117/000155837023006329/0001558370-23-006329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786117/000155837023006329/pine-20230420x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:40:15.190817+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":"fb75a07a9660e8be3a94463f3b7148c4a5cc16dc","claim":"Alpine Income Property Trust, Inc. reported the quarter ended March 31, 2023 results: revenue $ 11,166, net income $ 3,745, EPS $ 0.21.","evidence_excerpt":"(in thousands, except per share data): ​ ​ ​ Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Variance to Comparable Period in the Prior Year Total Revenues $ 11,166 $ 10,799 $ 367 3.4% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income $ 3,745 $ 924 $ 2,821 305.3% Net Income Attributable to PINE $ 3,339 $ 806 $ 2,533 314.3% Net Income per Diluted Share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786117/000155837023006329/0001558370-23-006329-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 11,166"},{"label":"Net income","value":"$ 3,745"},{"label":"EPS","value":"$ 0.21"},{"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"}