{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036415","form_type":"8-K","ticker":"RPT","cik":"0001614806","company_name":"Rithm Property Trust Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.783391+00:00","generated_at":"2026-06-09T00:27:35.789286+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":"Great Ajax reports Q3 net loss of $6.1M, book value down; terminates Ellington merger, starts strategic review","bullets":["Q3 GAAP net loss $(6.1)M ($(0.25)/share); operating loss $(2.3)M ($(0.09)/share).","Book value per share fell to $11.07 from $11.86 in Q2; net interest income $3.0M.","Merger with Ellington Financial terminated Oct 20; Ellington paid $16M and bought 1.67M shares at $6.60.","Formed two JVs acquiring $325.3M UPB of mortgage loans; retained $57.9M in debt securities.","Dividend reduced to $0.11/share payable Nov 30; board engaged Piper Sandler to explore strategic alternatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036415","json":"https://secwatch.observer/filing/0001628280-23-036415.json","markdown":"https://secwatch.observer/filing/0001628280-23-036415.md","text":"https://secwatch.observer/filing/0001628280-23-036415.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614806/000162828023036415/0001628280-23-036415-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614806/000162828023036415/ajx-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:27:35.789286+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":"29b9505f60bdf24cc25d8a7964fe2661672a736a","claim":"Rithm Property Trust Inc. reported third quarter ended September 30, 2023 results: revenue Interest income of $17.9 million; net interest income of $3.0 million, net income Net loss attributable to common stockholders of $(6.1) million, EPS loss of $(0.25).","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- GREAT AJAX CORP. ANNOUNCES RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2023; PROVIDES STRATEGIC UPDATE Third Quarter Highlights • Interest income of $17.9 million; net interest income of $3.0 million • Net loss attributable to common stockholders of $(6.1) million • Operating loss of $(2.3) million • Earnings per share (\"EPS\") per basic","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1614806/000162828023036415/0001628280-23-036415-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"Interest income of $17.9 million; net interest income of $3.0 million"},{"label":"Net income","value":"Net loss attributable to common stockholders of $(6.1) million"},{"label":"EPS","value":"loss of $(0.25)"},{"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"}