{"schema_version":"secwatch.filing_event.v1","accession":"0001650132-23-000035","form_type":"8-K","ticker":"FCPT","cik":"0001650132","company_name":"Four Corners Property Trust, Inc.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.002643+00:00","generated_at":"2026-06-19T11:30:13.177097+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FCPT Q4 rental revenue up 10.2% to $50.1M; acquires 42 properties for $119.6M","bullets":["Net income $22.9M ($0.27 diluted) vs $23.7M ($0.30) prior year; full-year net income $97.8M ($1.20).","AFFO per diluted share Q4 $0.41 flat YoY; full-year $1.64 up $0.08. Portfolio 99.9% occupied, 8.3 yr WALT.","Acquired 42 properties at $119.6M (6.6% initial yield); sold one property for $4.9M gain.","Raised $72M via ATM equity (2.74M shares at $26.70 avg) and $30M incremental debt; liquidity $344M.","Declared Q4 dividend of $0.34 per share; leverage 5.6x net debt/EBITDAre."],"urls":{"canonical":"https://secwatch.observer/filing/0001650132-23-000035","json":"https://secwatch.observer/filing/0001650132-23-000035.json","markdown":"https://secwatch.observer/filing/0001650132-23-000035.md","text":"https://secwatch.observer/filing/0001650132-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650132/000165013223000035/0001650132-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650132/000165013223000035/fcpt-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T11:30:13.177097+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":"dd2909fd74ad70c9c3e6e7ccac50f917c9d494c8","claim":"Four Corners Property Trust, Inc. reported three months and year ended December 31, 2022 results: revenue Rental revenue for the fourth quarter increased 10.2% over the prior year to $50.1 million., net income Net income attributable to common shareholders was $22.9 million for the fourth quarter, or $0.27 per diluted share., EPS $0.27 per diluted share.","evidence_excerpt":"99.9% for the year ending December 31, 2022. Financial Results Rental Revenue and Net Income Attributable to Common Shareholders • Rental revenue for the fourth quarter increased 10.2% over the prior year to $50.1 million. Rental revenue consisted of $49.2 million in cash rents and $0.9 million of straight-line and other non-cash rent adjustments. • Net income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650132/000165013223000035/0001650132-23-000035-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended December 31, 2022"},{"label":"Revenue","value":"Rental revenue for the fourth quarter increased 10.2% over the prior year to $50.1 million."},{"label":"Net income","value":"Net income attributable to common shareholders was $22.9 million for the fourth quarter, or $0.27 per diluted share."},{"label":"EPS","value":"$0.27 per diluted 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"}