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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
INTEREST INCOME      
Interest Income $ 283,672 $ 339,814 $ 265,594
Interest Expense (107,237) (174,841) (126,025)
Net Interest Income 176,435 164,973 139,569
OTHER REVENUE      
Other Income, net 537 1,754 1,307
Total Other Revenue 537 1,754 1,307
OTHER EXPENSES      
Professional Fees 8,970 3,719 3,162
General and Administrative 3,597 3,006 3,374
Stock Compensation Expense 5,768 2,556 665
Servicing and Asset Management Fees 1,239 1,837 2,646
Management Fee 20,767 21,571 19,364
Incentive Management Fee   7,146 4,384
Total Other Expenses 40,341 39,835 33,595
Securities Impairments (203,397)    
Credit Loss Expense (69,755)    
(Loss) Income Before Income Taxes (136,521) 126,892 107,281
Income Tax Expense, net (305) (579) (340)
Net (Loss) Income (136,826) 126,313 106,941
Series A Preferred Stock Dividends (15) (15) (3)
Series B Cumulative Redeemable Preferred Stock Dividends (14,670)    
Net (Loss) Income Attributable to TPG RE Finance Trust, Inc. $ (151,511) $ 126,298 $ 106,938
(Loss) Earnings per Common Share, Basic $ (2.03) $ 1.73 $ 1.70
(Loss) Earnings per Common Share, Diluted $ (2.03) $ 1.73 $ 1.70
Weighted Average Number of Common Shares Outstanding      
Basic: 76,656,756 72,743,171 63,034,806
Diluted: 76,656,756 72,743,171 63,034,806
OTHER COMPREHENSIVE (LOSS) INCOME      
Net (Loss) Income $ (136,826) $ 126,313 $ 106,941
Unrealized (Loss) Gain on Available-for-Sale Debt Securities (1,051) 3,036 (1,951)
Comprehensive Net (Loss) Income $ (137,877) $ 129,349 $ 104,990