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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 Income (Loss)
Balance at Dec. 31, 2017 $ 1,201,331 $ 1   $ 60 $ 1,216,112 $ (14,808) $ (34)
Balance, Shares at Dec. 31, 2017   1,178,618 125 59,440,112      
Conversions of Class A Common Stock to Common Stock   (24,071)   24,071      
Repurchases of Common Stock (8,360)       (9) (8,351)  
Repurchases of Common Stock, Shares       (443,570)      
Redemption of Series A Preferred Stock (125)       (125)    
Redemption of Series A Preferred Stock, Shares     (125)        
Amortization of Share Based Compensation 177       177    
Net Income 25,114         25,114  
Other Comprehensive Income (Loss) (214)           (214)
Dividends on Preferred Stock (3)         (3)  
Dividends on Common Stock (Dividends Declared per Share) (24,822)         (24,822)  
Dividends on Class A Common Stock (Dividends Declared per Share) (485)         (485)  
Balance at Mar. 31, 2018 1,192,613 $ 1   $ 60 1,216,155 (23,355) (248)
Balance, Shares at Mar. 31, 2018   1,154,547   59,020,613      
Balance at Dec. 31, 2018 1,327,170 [1] $ 1   $ 67 1,355,002 (25,915) (1,985)
Balance, Shares at Dec. 31, 2018   1,143,313   66,020,387      
Issuance of Common Stock 119,100     $ 6 119,094    
Issuance of Common Stock, Shares       6,000,000      
Repurchases of Common Stock (42)         (42)  
Repurchases of Common Stock, Shares       (2,324)      
Issuance of Series A Preferred Stock 125       125    
Issuance of Series A Preferred Stock, Shares     125        
Equity Issuance and Equity Distribution Agreement Transaction Costs (300)       (300)    
Amortization of Share Based Compensation 633       633    
Net Income 28,412         28,412  
Other Comprehensive Income (Loss) 106           106
Dividends on Preferred Stock (3)         (3)  
Dividends on Common Stock (Dividends Declared per Share) (31,160)         (31,160)  
Dividends on Class A Common Stock (Dividends Declared per Share) (492)         (492)  
Balance at Mar. 31, 2019 $ 1,443,549 [1] $ 1   $ 73 $ 1,474,554 $ (29,200) $ (1,879)
Balance, Shares at Mar. 31, 2019   1,143,313 125 72,018,063      
[1] The Company’s consolidated Total Assets and Total Liabilities at March 31, 2019 include assets and liabilities of variable interest entities (“VIEs”) of $1.7 billion and $1.3 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities at December 31, 2018 include assets and liabilities of VIEs of $1.9 billion and $1.5 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