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Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Total
Cumulative Effect of Adoption of ASU 2016-13
Series A Preferred Stock
Class A Common Stock
Series B Preferred Stock
Common Stock
Additional Paid-in-Capital
Accumulated Deficit
Accumulated Deficit
Cumulative Effect of Adoption of ASU 2016-13
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     125 1,178,618   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 to Common Stock, Shares       (35,305)   35,305        
Repurchases and Retired of Common Stock (8,937)           (9) (8,928)    
Repurchase and retirement of Common Stock, Shares           (474,382)        
Redemption of Series A Preferred Stock (125)           (125)      
Redemption of Series A Preferred Stock, Shares     (125)              
Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs (1,074)           (1,074)      
Amortization of Share Based Compensation 665           665      
Net (Loss) Income 106,941             106,941    
Other Comprehensive Income (Loss) (1,951)                 (1,951)
Dividends on Preferred Stock (3)             (3)    
Dividends on Common Stock (Dividends Declared per Share) (107,152)             (107,152)    
Dividends on Class A Common Stock (Dividends Declared per Share) (1,965)             (1,965)    
Balance at Dec. 31, 2018 1,327,170     $ 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 174,549         $ 8 174,541      
Issuance of Common Stock, Shares           8,875,760        
Issuance of SubREIT Preferred Stock 125           125      
Issuance of SubREIT Preferred Stock, Shares     125              
Conversions of Class A Common Stock to Common Stock, Shares       (6,648)   6,648        
Repurchases and Retired of Common Stock (327)           (285) (42)    
Repurchase and retirement of Common Stock, Shares           (16,682)        
Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs (1,004)           (1,004)      
Amortization of Share Based Compensation 2,556           2,556      
Net (Loss) Income 126,313             126,313    
Other Comprehensive Income (Loss) 3,036                 3,036
Dividends on Preferred Stock (15)             (15)    
Dividends on Common Stock (Dividends Declared per Share) (126,488)             (126,488)    
Dividends on Class A Common Stock (Dividends Declared per Share) (1,961)             (1,961)    
Balance at Dec. 31, 2019 1,503,954 [1] $ (19,645)   $ 1   $ 75 1,530,935 (28,108) $ (19,645) 1,051
Balance, Shares at Dec. 31, 2019     125 1,136,665   74,886,113        
Accounting Standards Update [Extensible List]   us-gaap:AccountingStandardsUpdate201613Member                
Issuance of Series B Cumulative Redeemable Preferred Stock         $ 210,598          
Issuance of Warrants to Purchase Common Stock 14,402           14,402      
Issuance of Common Stock 12,895         $ 1 12,894      
Issuance of Common Stock, Shares           819,425        
Conversions of Class A Common Stock to Common Stock       $ (1)   $ 1        
Conversions of Class A Common Stock to Common Stock, Shares       (1,136,665)   1,136,665        
Repurchase and retirement of Common Stock, Shares           (55,197)        
Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs (1,129)           (1,129)      
Temporary Equity, Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs         (14,236)          
Amortization of Share Based Compensation 5,768           5,768      
Net (Loss) Income (136,826)             (136,826)    
Other Comprehensive Income (Loss) (1,051)                 $ (1,051)
Dividends on Preferred Stock (14,689)             (14,689)    
Accretion of Discount on Series B Cumulative Redeemable Preferred Stock (3,189)           (3,189)      
Temporary Equity, Accretion of Discount on Series B Cumulative Redeemable Preferred Stock         3,189          
Dividends on Common Stock (Dividends Declared per Share) (93,590)             (93,590)    
Balance at Dec. 31, 2020 $ 1,266,900 [1]         $ 77 $ 1,559,681 $ (292,858)    
Balance, Shares at Dec. 31, 2020     125     76,787,006        
Temporary Equity, Balance at Dec. 31, 2020         $ 199,551          
[1] The Company’s consolidated Total Assets and Total Liabilities at December 31, 2020 include the assets and liabilities of variable interest entities (“VIEs”) of $2.3 billion and $1.8 billion , respectively. The Company’s Total Assets and Total Liabilities at December 31, 2019 include assets and liabilities of VIEs of $2.2 billion and $1.8 billion, respectively. These assets can be used only to satisfy obligations of the VIEs, and creditors of the VIEs have recourse only to those assets, and not to TPG RE Finance Trust, Inc. See Note 6 to the Consolidated Financial Statements for details