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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST INCOME    
Interest Income $ 58,148 $ 81,749
Interest Expense (20,290) (38,457)
Net Interest Income 37,858 43,292
OTHER REVENUE    
Other Income, net 96 328
Total Other Revenue 96 328
OTHER EXPENSES    
Professional Fees 1,198 1,819
General and Administrative 1,030 980
Stock Compensation Expense 1,456 1,401
Servicing and Asset Management Fees 328 276
Management Fee 5,094 5,000
Total Other Expenses 9,106 9,476
Securities Impairments   (203,493)
Credit Loss Benefit (Expense) 4,038 (63,348)
Income (Loss) Before Income Taxes 32,886 (232,697)
Income Tax Expense, net (931) (93)
Net Income (Loss) 31,955 (232,790)
Series A Preferred Stock Dividends (4) (3)
Series B Cumulative Redeemable Preferred Stock Dividends (6,120)  
Net Income (Loss) Attributable to TPG RE Finance Trust, Inc. $ 25,831 $ (232,793)
Earnings (Loss) per Common Share, Basic $ 0.32 $ (3.05)
Earnings (Loss) per Common Share, Diluted $ 0.30 $ (3.05)
Weighted Average Number of Common Shares Outstanding    
Basic: 76,895,615 76,465,322
Diluted: 80,673,236 76,465,322
OTHER COMPREHENSIVE INCOME (LOSS)    
Net Income (Loss) $ 31,955 $ (232,790)
Unrealized Loss on Available-for-Sale Debt Securities   (974)
Comprehensive Net Income (Loss) $ 31,955 $ (233,764)