{"schema_version":"secwatch.filing_event.v1","accession":"0001873923-23-000077","form_type":"8-K","ticker":"ONL","cik":"0001873923","company_name":"Orion Properties Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.951211+00:00","generated_at":"2026-06-11T23:33:07.241081+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Orion Office REIT Q2 net loss $15.7M, Core FFO $0.48; guides FY Core FFO $1.59-$1.63","bullets":["Total revenue $52.0M, down ~1.5% YoY; net loss per share $(0.28) vs $(0.27) in Q2 2022.","Core FFO $0.48 per share vs $0.50 in prior-year quarter; benefit of $0.02 from expense reimbursement timing.","Credit facility amendment repaid $175M term loan, extended revolver maturity to May 2026 with extension option.","Board declared Q3 dividend of $0.10/share payable Oct 16, 2023 to holders of record Sep 29, 2023.","Portfolio occupancy 86.5%; WALT 3.9 years; 73.7% investment-grade tenants; dispositions of ~$50.7M in progress."],"urls":{"canonical":"https://secwatch.observer/filing/0001873923-23-000077","json":"https://secwatch.observer/filing/0001873923-23-000077.json","markdown":"https://secwatch.observer/filing/0001873923-23-000077.md","text":"https://secwatch.observer/filing/0001873923-23-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1873923/000187392323000077/0001873923-23-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1873923/000187392323000077/onl-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:33:07.241081+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":"78056fc43916d31b3c920e9446a818144f768daf","claim":"Orion Properties Inc. reported the second quarter ended June 30, 2023 results: revenue $52.0 million, net income $(15.7) million, or $(0.28) per share. Guidance reaffirmed.","evidence_excerpt":"During the quarter ended June 30, 2023, the Company generated total revenues of $52.0 million, as compared to $52.8 million in the same quarter of 2022. The Company reported a net loss attributable to common stockholders of $(15.7) million, or $(0.28) per share, during the second quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392323000077/0001873923-23-000077-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$52.0 million"},{"label":"Net income","value":"$(15.7) million, or $(0.28) per share"},{"label":"Guidance","value":"reaffirmed"},{"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"}