---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-23-000060"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:18:28.943626+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital Q1 GAAP net loss $0.03/shr; Adj. Distributable Earnings $0.27/shr

## Summary
- GAAP net loss attributable to common stockholders of $4.1M, or $0.03 per share.
- Distributable Loss of $11.5M, or $0.09 per share.
- Adjusted Distributable Earnings of $34.5M, or $0.27 per share.
- GAAP net book value $10.41/shr; undepreciated book value $11.74/shr as of 3/31/23.
- CEO cites focus on asset/liability management and maintaining high cash balances.

## SEC filing metadata
- accession: 0001717547-23-000060
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754723000060/0001717547-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754723000060/brsp-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-23-000060
- JSON: https://secwatch.observer/filing/0001717547-23-000060.json
- Plain text: https://secwatch.observer/filing/0001717547-23-000060.txt

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