XML 63 R50.htm IDEA: XBRL DOCUMENT v3.21.2
Variable Interest Entities and Collateralized Loan Obligations - Summary of Variable Interest Entities Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and Cash Equivalents [1] $ 239,743 $ 319,669
Collateralized Loan Obligation Proceeds Held at Trustee [1] 53,832 174
Accounts Receivable from Servicer/Trustee [1] 2,439 418
Loans Held for Investment 4,773,949 4,456,460
Total Assets [1] 5,202,996 4,908,743
Liabilities    
Accrued Interest Payable [1] 2,774 2,630
Collateralized Loan Obligations [1] 2,821,233 1,825,568
Payable to Affiliates [1] 5,738 5,570
Total Liabilities [1] 3,765,805 3,442,292
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and Cash Equivalents 10,966 78,350
Collateralized Loan Obligation Proceeds Held at Trustee 53,832 174
Accounts Receivable from Servicer/Trustee 372  
Accrued Interest Receivable 6,050 740
Loans Held for Investment 3,361,570 2,199,666
Total Assets 3,432,790 2,278,930
Liabilities    
Accrued Interest Payable 2,071 1,311
Accrued Expenses 1,683 630
Collateralized Loan Obligations 2,821,233 1,825,569
Payable to Affiliates   14,016
Total Liabilities $ 2,824,987 $ 1,841,526
[1] The Company’s consolidated Total Assets and Total Liabilities as of June 30, 2021 include assets and liabilities of variable interest entities (“VIEs”) of $3.4 billion and $2.8 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of 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