---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-24-000005"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:11:09.548533+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Q4 GAAP net loss $16.3M, Distributable Earnings $25.4M

## Summary
- Q4 GAAP net loss ($0.13) per share; Distributable Earnings $0.20 per share; Adjusted Distributable Earnings $0.28 per share.
- Full year 2023 GAAP net loss ($15.5)M ($0.12/sh); Distributable Earnings $66.1M ($0.51/sh); Adjusted Distributable Earnings $138.2M ($1.06/sh).
- GAAP book value $9.83 per share, undepreciated book value $11.35 per share as of Dec 31, 2023.
- CEO cited strong quarterly and yearly results, liquidity maintained, and progress on watchlist assets.

## SEC filing metadata
- accession: 0001717547-24-000005
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000005/0001717547-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000005/brsp-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-24-000005
- JSON: https://secwatch.observer/filing/0001717547-24-000005.json
- Plain text: https://secwatch.observer/filing/0001717547-24-000005.txt

## Key facts
- Earnings Releases
  BrightSpire Capital, Inc. reported fourth quarter and full year ended December 31, 2023 results: net income fourth quarter 2023 GAAP net loss attributable to common stockholders of ($16.3) million, or ($0.13) per share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Net income: fourth quarter 2023 GAAP net loss attributable to common stockholders of ($16.3) million, or ($0.13) per share
  - Result: reported results
  source text: On February 21, 2024, BrightSpire Capital, Inc. (the “Company”) issued a press release announcing its financial position as of December 31, 2023 and its financial results for the fourth quarter and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000005/0001717547-24-000005-index.htm

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