{"schema_version":"secwatch.filing_event.v1","accession":"0001854964-23-000014","form_type":"8-K","ticker":"NLCP","cik":"0001854964","company_name":"NewLake Capital Partners, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.272926+00:00","generated_at":"2026-06-15T07:05:34.677924+00:00","sec_items":["2.02","9.01","7.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NewLake Q1 revenue $11.4M (+12.3% YoY); net income $5.9M; tenant non-payment weighs","bullets":["Revenue $11.4M, up 12.3% YoY but down 6.8% sequentially due to one non-paying tenant.","Net income $5.9M; FFO $9.5M; AFFO $9.9M; AFFO payout ratio 86% on $0.39 dividend.","Repurchased 49,307 shares at avg $12.63; $9.4M remaining under $10M buyback program.","Non-performing tenant failed to pay rent; applied $315K security deposit; in negotiations.","Acquired adjacent Missouri parcel for $350K; committed $16.2M tenant improvements for expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001854964-23-000014","json":"https://secwatch.observer/filing/0001854964-23-000014.json","markdown":"https://secwatch.observer/filing/0001854964-23-000014.md","text":"https://secwatch.observer/filing/0001854964-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854964/000185496423000014/0001854964-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854964/000185496423000014/nclp-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:05:34.677924+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":"d7d752231b48556bbad08f27e283112395d8788b","claim":"NewLake Capital Partners, Inc. reported first quarter ended March 31, 2023 results: revenue $11.4 Million, net income $5.9 Million.","evidence_excerpt":"NewLake Capital Partners Reports First Quarter 2023 Financial Results First Quarter 2023 Revenue Totaled $11.4 Million, an increase of 12.3% Year-Over-Year First Quarter 2023 Net Income Attributable to Common Stockholders totaled $5.9 Million, Funds From Operations totaled $9.5 Million, and Adjusted Funds From Operations totaled $9.9 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854964/000185496423000014/0001854964-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$11.4 Million"},{"label":"Net income","value":"$5.9 Million"},{"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"}