{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-018011","form_type":"8-K","ticker":"FSP","cik":"0001031316","company_name":"FRANKLIN STREET PROPERTIES CORP /MA/","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.950445+00:00","generated_at":"2026-06-08T12:56:51.488118+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FSP reports Q3 GAAP net loss of $45.7M; sells two properties, plans more sales for debt reduction","bullets":["GAAP net loss of $45.7M ($0.44/diluted share) for Q3; FFO of $7.5M ($0.07/share).","Leased 571k sq ft in nine months; portfolio 74.8% leased (down from 75.6% at Dec 2022).","Sold Forest Park (Charlotte) for $9.2M in Q3; post-Q3 sold One Legacy (Plano, TX) for $48M.","Expects additional property sales with gross proceeds $108M-$153M; proceeds for debt reduction.","Cash ~$73.5M as of Nov 7; quarterly dividend declared at $0.01/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-018011","json":"https://secwatch.observer/filing/0001558370-23-018011.json","markdown":"https://secwatch.observer/filing/0001558370-23-018011.md","text":"https://secwatch.observer/filing/0001558370-23-018011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023018011/0001558370-23-018011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023018011/fsp-20231107x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T12:56:51.488118+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":"dae9063535b4a7e0ee1ba6cea5670d4501f2c17e","claim":"FRANKLIN STREET PROPERTIES CORP /MA/ reported three and nine months ended September 30, 2023 results: net income $45.7 million net loss and $51.7 million net loss, EPS $0.44 and $0.50 per basic and diluted share loss.","evidence_excerpt":"GAAP net loss was $45.7 million and $51.7 million, or $0.44 and $0.50 per basic and diluted share for the three and nine months ended September 30, 2023, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023018011/0001558370-23-018011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Net income","value":"$45.7 million net loss and $51.7 million net loss"},{"label":"EPS","value":"$0.44 and $0.50 per basic and diluted share loss"},{"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"}