{"schema_version":"secwatch.filing_event.v1","accession":"0001873923-24-000007","form_type":"8-K","ticker":"ONL","cik":"0001873923","company_name":"Orion Properties Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.187658+00:00","generated_at":"2026-06-05T13:17:21.530645+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Orion Office REIT Q4 net loss $0.29; Core FFO $0.33; FY2024 Core FFO guidance $0.93-$1.01","bullets":["Q4 total revenues $43.8M (down 13% YoY); full year $195.0M (down 6% from $208.1M in 2022).","Q4 net loss $(16.2)M or $(0.29)/share; full year net loss $(57.3)M or $(1.02)/share (vs $(1.72) in 2022).","Q4 Core FFO $18.5M ($0.33/share) vs $24.9M ($0.44) in Q4 2022; full year Core FFO $94.8M ($1.68) vs $108.2M ($1.91).","Sold six properties for $25.4M in 2023; seven additional under contract for $46.0M; portfolio occupancy 80.4% (87.2% adjusted).","Declared Q1 2024 dividend of $0.10/share; 2024 Core FFO guidance $0.93-$1.01 vs $1.68 in 2023, implying ~40% decline."],"urls":{"canonical":"https://secwatch.observer/filing/0001873923-24-000007","json":"https://secwatch.observer/filing/0001873923-24-000007.json","markdown":"https://secwatch.observer/filing/0001873923-24-000007.md","text":"https://secwatch.observer/filing/0001873923-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000007/0001873923-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000007/onl-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:17:21.530645+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":"2217afb142ffc891d5479bf0e30cf623d2821c26","claim":"Orion Properties Inc. reported the fourth quarter ended December 31, 2023 results: revenue $43.8 million, net income $(16.2) million, or $(0.29) per share, EPS $(0.29) per share.","evidence_excerpt":"Total revenues of $43.8 million • Net loss attributable to common stockholders of $(16.2) million, or $(0.29) per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000007/0001873923-24-000007-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$43.8 million"},{"label":"Net income","value":"$(16.2) million, or $(0.29) per share"},{"label":"EPS","value":"$(0.29) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d9761b8a2fa1030e707b6cc467f1bfb02196a5ac","claim":"Orion Properties Inc. reported the full year ended December 31, 2023 results: revenue $195.0 million, net income $(57.3) million, or $(1.02) per share, EPS $(1.02) per share.","evidence_excerpt":"Total revenues of $195.0 million • Net loss attributable to common stockholders of $(57.3) million, or $(1.02) per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000007/0001873923-24-000007-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$195.0 million"},{"label":"Net income","value":"$(57.3) million, or $(1.02) per share"},{"label":"EPS","value":"$(1.02) 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"}