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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Preferred Stock
Common Stock
Additional Paid-in-Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Balance at Dec. 31, 2016 $ 970,689 $ 1   $ 39 $ 979,467 $ (10,068) $ 1,250
Balance, Shares at Dec. 31, 2016   967,500 125 38,260,053      
Issuance of Class A Common Stock 365       365    
Issuance of Class A Common Stock, Shares   14,711          
Issuance of Common Stock 257,634     $ 12 257,622    
Issuance of Common Stock, Shares       12,642,166      
Common Stock and Class A Common Stock Dividend       $ 9 (9)    
Common Stock and Class A Common Stock Dividend, Shares   230,815   9,224,268      
Repurchases of Common Stock (6,558)       (7) (6,551)  
Repurchases of Common Stock, Shares       (334,745)      
Initial Public Offering Transaction Costs and Equity Issuance and Shelf Registration Statement Transaction Costs (20,713)       (20,713)    
Net Income 69,594         69,594  
Other Comprehensive (loss) (1,270)           (1,270)
Dividends on Preferred Stock (12)         (12)  
Dividends on Common Stock (Dividends Declared per Share) (60,566)         (60,566)  
Dividends on Class A Common Stock (Dividends Declared per Share) (1,365)         (1,365)  
Balance at Sep. 30, 2017 1,207,798 $ 1   $ 60 1,216,725 (8,968) (20)
Balance, Shares at Sep. 30, 2017   1,213,026 125 59,791,742      
Balance at Dec. 31, 2017 1,201,331 [1] $ 1   $ 60 1,216,112 (14,808) (34)
Balance, Shares at Dec. 31, 2017   1,178,618 125 59,440,112      
Issuance of Common Stock 139,440     $ 7 139,433    
Issuance of Common Stock, Shares       7,019,352      
Conversions of Class A Common Stock toCommon Stock   (35,305)   35,305      
Repurchases of Common Stock (8,508)       (9) (8,499)  
Repurchases of Common Stock, Shares       (450,805)      
Redemption of Series A Preferred Stock (125)       (125)    
Redemption of Series A Preferred Stock, Shares     (125)        
Initial Public Offering Transaction Costs and Equity Issuance and Shelf Registration Statement Transaction Costs (857)       (857)    
Amortization of Share Based Compensation 483       483    
Net Income 78,376         78,376  
Other Comprehensive (loss) (1,115)           (1,115)
Dividends on Preferred Stock (3)         (3)  
Dividends on Common Stock (Dividends Declared per Share) (78,663)         (78,663)  
Dividends on Class A Common Stock (Dividends Declared per Share) (1,473)         (1,473)  
Balance at Sep. 30, 2018 $ 1,328,886 [1] $ 1   $ 67 $ 1,355,037 $ (25,070) $ (1,149)
Balance, Shares at Sep. 30, 2018   1,143,313   66,043,964      
[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 September 30, 2018 include VIE assets and liabilities of $954.4 million and $741.5 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