Consolidated Balance Sheets (Parenthetical) (unaudited) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Preferred stock, par value		$ 0.001	$ 0.001
Preferred stock, authorized shares		100,000,000	100,000,000
Preferred stock, shares issued		0	125
Preferred stock, shares outstanding		0	125
Common stock, par value		$ 0.001	$ 0.001
Common stock, authorized shares		300,000,000	300,000,000
Common stock, shares issued		59,020,613	59,440,112
Common stock, shares outstanding		59,020,613	59,440,112
Total assets	[1]	$ 3,841,899	$ 3,355,385
Total liabilities	[1]	2,649,286	2,154,054
Variable Interest Entity, Primary Beneficiary
Total assets		0	937,500
Total liabilities		$ 0	$ 738,500
Class A Common Stock
Common stock, par value		$ 0.001	$ 0.001
Common stock, authorized shares		2,500,000	2,500,000
Common stock, shares issued		1,154,547	1,178,618
Common stock, shares outstanding		1,154,547	1,178,618
Repurchase Agreements
Loans pledged as collateral		$ 2,159,565	$ 2,694,106
Deferred financing costs		7,533	8,697
Commercial Mortgage-Backed Securities | Repurchase Agreements
Available-for-sale securities pledged as collateral		47,417	47,762
Collateralized Loan Obligation
Loans pledged as collateral		932,380
Deferred financing costs		8,471	0
Notes Payable
Deferred financing costs		$ 1,213	$ 1,601

[1] At December 31, 2017, there were no VIE assets or liabilities recorded in the Company’s Total Assets and Total Liabilities. The Company’s consolidated Total Assets and Total Liabilities at March 31, 2018 include VIE assets and liabilities of $937.5 million and $738.5 million, respectively. These assets can be used only to satisfy obligations of the VIE, and creditors of the VIE have recourse only to these assets, and not to TPG RE Finance Trust, Inc. See Note 5 to the Consolidated Financial Statements for details