secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001717547-23-000060
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754723000060/0001717547-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754723000060/brsp-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001717547-23-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer