{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-026537","form_type":"8-K","ticker":"ACRE","cik":"0001529377","company_name":"Ares Commercial Real Estate Corp","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.211682+00:00","generated_at":"2026-06-12T13:16:41.509633+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ACRE reports Q2 2023 GAAP net loss of $2.2M; Distributable Earnings of $19.0M covers dividend","bullets":["GAAP net loss of $2.2M ($0.04/diluted share); Distributable Earnings of $19.0M ($0.35/share) for Q2.","Declared Q3 2023 regular dividend of $0.33/share, payable Oct 17 to holders of record Sep 29.","Repurchased ~1.0% of outstanding common shares in Q2 at avg price $8.58/share.","Cash of $140M plus $75M available financing proceeds as of June 30, 2023.","CEO says share buybacks and new originations are now better capital uses than supplemental dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-026537","json":"https://secwatch.observer/filing/0001628280-23-026537.json","markdown":"https://secwatch.observer/filing/0001628280-23-026537.md","text":"https://secwatch.observer/filing/0001628280-23-026537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529377/000162828023026537/0001628280-23-026537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529377/000162828023026537/acre-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T13:16:41.509633+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":"b4c9797304427f21dc7d5c21e568e03d1b88e16b","claim":"Ares Commercial Real Estate Corp reported the quarter ended June 30, 2023 results: net income $2.2 million, EPS $0.04 per diluted common share.","evidence_excerpt":"Second quarter GAAP net loss of $2.2 million or $0.04 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529377/000162828023026537/0001628280-23-026537-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.04 per diluted common 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"}