Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
INTEREST INCOME
Interest Income		$ 69,863	$ 46,734	$ 193,921	$ 146,411
Interest Expense		(34,297)	(19,150)	(90,449)	(56,585)
Net Interest Income		35,566	27,584	103,472	89,826
OTHER REVENUE
Other (Loss) Income, net		(55)	669	820	1,036
Total Other Revenue		(55)	669	820	1,036
OTHER EXPENSES
Professional Fees		905	1,256	2,659	2,448
General and Administrative		965	1,003	3,162	2,192
Servicing and Asset Management Fees		767	720	2,301	3,061
Management Fee		4,879	4,133	14,346	9,489
Collateral Management Fee			23		225
Incentive Management Fee		1,168	327	3,240	3,713
Total Other Expenses		8,684	7,462	25,708	21,128
Income Before Income Taxes		26,827	20,791	78,584	69,734
Income Tax Expense		(3)		(208)	(140)
Net Income		26,824	20,791	78,376	69,594
Preferred Stock Dividends			(4)	(3)	(12)
Net Income Attributable to TPG RE Finance Trust, Inc.		$ 26,824	$ 20,787	$ 78,373	$ 69,582
Basic Earnings per Common Share	[1]	$ 0.42	$ 0.35	$ 1.27	$ 1.34
Diluted Earnings per Common Share	[1]	$ 0.42	$ 0.35	$ 1.27	$ 1.34
Weighted Average Number of Common Shares Outstanding
Basic:	[1]	64,295,973	58,685,979	61,635,988	51,969,733
Diluted:	[1]	64,295,973	58,685,979	61,635,988	51,969,733
OTHER COMPREHENSIVE INCOME
Net Income		$ 26,824	$ 20,791	$ 78,376	$ 69,594
Unrealized Gain (Loss) on Commercial Mortgage-Backed Securities		523	(2,558)	(1,115)	(1,270)
Comprehensive Net Income		$ 27,347	$ 18,233	$ 77,261	$ 68,324

[1] Share and per share data reflect the impact of the common stock and Class A common stock dividend which was paid upon completion of the Company’s initial public offering on July 25, 2017 to holders of record as of July 3, 2017. See Note 12 to the Consolidated Financial Statements for details.