{"schema_version":"secwatch.filing_event.v1","accession":"0001717547-26-000038","form_type":"8-K","ticker":"BRSP","cik":"0001717547","company_name":"BrightSpire Capital, Inc.","filed_at":"2026-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.798890+00:00","generated_at":"2026-05-15T02:53:18.939238+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BrightSpire Q1 GAAP net income $4.8M; deploys $311M, watch list down 39%","bullets":["GAAP net income $4.8M ($0.03/shr); Distributable Earnings $15.6M ($0.12/shr); Adjusted Distributable Earnings $18.2M ($0.14/shr).","Net book value $7.05/shr, undepreciated book value $8.24/shr as of March 31, 2026.","Closed $311M in committed capital in Q1; $283M in-execution; watch list reduced ~39% year-to-date.","CEO highlights portfolio de-risking with stable CECL reserves and continued resolution of REO/watch list loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001717547-26-000038","json":"https://secwatch.observer/filing/0001717547-26-000038.json","markdown":"https://secwatch.observer/filing/0001717547-26-000038.md","text":"https://secwatch.observer/filing/0001717547-26-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717547/000171754726000038/0001717547-26-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717547/000171754726000038/brsp-20260428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:53:18.939238+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":"7d800f33f9f37f6f4a3098b345b804f4e7d0f1f5","claim":"BrightSpire Capital, Inc. reported the first quarter ended March 31, 2026 results: net income $4.8 million, or $0.03 per share, EPS $0.03 per share.","evidence_excerpt":"The Company reported first quarter 2026 GAAP net income attributable to common stockholders of $4.8 million, or $0.03 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1717547/000171754726000038/0001717547-26-000038-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Net income","value":"$4.8 million, or $0.03 per share"},{"label":"EPS","value":"$0.03 per 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"}