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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
Total
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series C Preferred Stock
Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-in-Capital
Accumulated Deficit
Balance at Dec. 31, 2020 $ 1,266,900,000       $ 77 $ 1,559,681,000 $ (292,858,000)
Balance, Shares at Dec. 31, 2020   125     76,787,006    
Temporary Equity, Balance at Dec. 31, 2020       $ 199,551,000      
Issuance of Common Stock, Shares         110,096    
Amortization of Share-Based Compensation 1,456,000         1,456,000  
Net income 31,955,000           31,955,000
Dividends on Preferred Stock (6,124,000)           (6,124,000)
Series B Preferred Stock Accretion, Including Allocated Warrant Fair Value and Transaction Costs (1,452,000)         (1,452,000)  
Temporary Equity, Series B Preferred Stock Accretion, Including Allocated Warrant Fair Value and Transaction Costs       (1,452,000)      
Dividends on Common Stock (Dividends Declared per Share) (15,507,000)           (15,507,000)
Balance at Mar. 31, 2021 1,277,228,000       $ 77 1,559,685,000 (282,534,000)
Balance, Shares at Mar. 31, 2021   125     76,897,102    
Temporary Equity, Balance at Mar. 31, 2021       $ 201,003,000      
Balance at Dec. 31, 2021 1,464,706,000 [1]   $ 8   $ 77 1,711,886,000 (247,265,000)
Balance, Shares at Dec. 31, 2021   125 8,050,000   77,183,892    
Issuance of Common Stock, Shares         1,953    
Amortization of Share-Based Compensation 1,266,000         1,266,000  
Net income 23,781,000           23,781,000
Dividends on Preferred Stock (3,148,000)           (3,148,000)
Dividends on Common Stock (Dividends Declared per Share) (18,697,000)           (18,697,000)
Balance at Mar. 31, 2022 $ 1,467,908,000 [1]   $ 8   $ 77 $ 1,713,152,000 $ (245,329,000)
Balance, Shares at Mar. 31, 2022   125 8,050,000   77,185,845    
[1] The Company’s consolidated Total Assets and Total Liabilities as of March 31, 2022 include assets and liabilities of variable interest entities (“VIEs”) of $3.4 billion and $2.8 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2021 include assets and liabilities of VIEs of $3.2 billion and $2.6 billion, respectively. These assets can be used only to satisfy obligations of the VIEs, and creditors of the VIEs have recourse only to these assets, and not to TPG RE Finance Trust, Inc. See Note 5 to the Consolidated Financial Statements for details.