secwatch.observer — SEC 8-K summary
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Issuer:     BrightSpire Capital, Inc. (BRSP)
CIK:        0001717547
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001717547-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717547/000171754724000005/0001717547-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717547/000171754724000005/brsp-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001717547-24-000005

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