---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-021103"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:10:09.770963+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Great Ajax Q2 2022 net loss $9.2M; book value down to $14.98 per share

## Summary
- Net loss attributable to common stockholders of $(9.2)M, or $(0.40) per basic share; operating income $5.7M ($0.25/share).
- Book value per common share fell to $14.98 from $15.95 in Q1, driven by mark-to-market losses and preferred stock repurchase charges.
- Interest income of $20.9M and net interest income of $11.7M, down from $14.6M in prior quarter; interest expense rose to $9.2M.
- Repurchased $25M face amount of preferred stock and associated warrants, saving $4.5M annually; also bought back 475k common shares at avg $9.77.
- Declared $0.27/share dividend payable Aug 31, 2022; portfolio at 74.2% loans made 12 of 12 payments.

## SEC filing metadata
- accession: 0001628280-22-021103
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614806/000162828022021103/0001628280-22-021103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000162828022021103/ajx-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-021103
- JSON: https://secwatch.observer/filing/0001628280-22-021103.json
- Plain text: https://secwatch.observer/filing/0001628280-22-021103.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.