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Consolidated Statement of Changes in Equity (Unaudited) - 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, 2019 $ 1,503,954 $ (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 Common Stock $ 12,895         $ 1 12,894      
Issuance of Common Stock, Shares           628,218        
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        
Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs (206)           (206)      
Amortization of Share-Based Compensation 1,401           1,401      
Net Income (Loss) (232,790)             (232,790)    
Other Comprehensive Loss (974)                 (974)
Dividends on Preferred Stock (3)             (3)    
Dividends on Common Stock (Dividends Declared per Share) (33,219)             (33,219)    
Balance at Mar. 31, 2020 1,231,413         $ 77 1,545,024 (313,765)   $ 77
Balance, Shares at Mar. 31, 2020     125     76,650,996        
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          
Issuance of Common Stock, Shares           110,096        
Amortization of Share-Based Compensation 1,456           1,456      
Net Income (Loss) 31,955             31,955    
Dividends on Preferred Stock (6,124)             (6,124)    
Accretion of Discount on Series B Cumulative Redeemable Preferred Stock (1,452)           (1,452)      
Temporary Equity, Accretion of Discount on Series B Cumulative Redeemable Preferred Stock         1,452          
Dividends on Common Stock (Dividends Declared per Share) (15,507)             (15,507)    
Balance at Mar. 31, 2021 $ 1,277,228 [1]         $ 77 $ 1,559,685 $ (282,534)    
Balance, Shares at Mar. 31, 2021     125     76,897,102        
Temporary Equity, Balance at Mar. 31, 2021         $ 201,003          
[1] The Company’s consolidated Total Assets and Total Liabilities at March 31, 2021 include assets and liabilities of variable interest entities (“VIEs”) of $3.5 billion and $2.9 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities at December 31, 2020 include assets and liabilities of VIEs of $2.3 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 these assets, and not to TPG RE Finance Trust, Inc. See Note 6 to the Consolidated Financial Statements for details