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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and Cash Equivalents [1] $ 260,635,000 $ 319,669,000
Restricted Cash 404,000 [1] 0
Accounts Receivable [1] 12,000 785,000
Collateralized Loan Obligation Proceeds Held at Trustee [1] 204,000 174,000
Accounts Receivable from Servicer/Trustee [1] 176,000 418,000
Accrued Interest and Fees Receivable [1] 26,620,000 27,391,000
Loans Held for Investment [1] 4,909,202,000 4,516,400,000
Allowance for Credit Losses [1] (41,999,000) (59,940,000)
Loans Held for Investment, Net (includes $1,697,481 and $2,259,467, respectively, pledged as collateral under secured credit facilities) [1] 4,867,203,000 4,456,460,000
Real Estate Owned [1] 60,622,000 99,200,000
Other Assets [1] 2,144,000 4,646,000
Total Assets [1] 5,218,020,000 4,908,743,000
Liabilities    
Accrued Interest Payable [1] 2,723,000 2,630,000
Accrued Expenses and Other Liabilities [1] 11,563,000 14,450,000
Secured Credit Agreements (net of deferred financing costs of $4,005 and $8,831, respectively) [1] 1,162,206,000 1,514,028,000
Collateralized Loan Obligations (net of deferred financing costs of $10,297 and $9,192, respectively) [1] 2,545,691,000 1,825,568,000
Payable to Affiliates [1] 5,609,000 5,570,000
Deferred Revenue [1] 1,366,000 1,418,000
Dividends Payable [1] 24,156,000 29,481,000
Total Liabilities [1] 3,753,314,000 3,442,292,000
Commitments and Contingencies - See Note 15 [1]
Permanent Equity    
Additional Paid-in-Capital [1] 1,711,886,000 1,559,681,000
Accumulated Deficit [1] (247,265,000) (292,858,000)
Total Stockholders' Equity [1] 1,464,706,000 1,266,900,000
Total Permanent Equity [1] 1,464,706,000 1,266,900,000
Total Liabilities and Equity [1] 5,218,020,000 4,908,743,000
Mortgages    
Liabilities    
Mortgage Loan Payable (net of deferred financing costs of $0 and $853, respectively) [1]   49,147,000
Series B Cumulative Redeemable Preferred Stock    
Temporary Equity    
Series B Preferred Stock ($0.001 par value per share; 13,000,000 and 13,000,000 shares authorized, respectively; 0 and 9,000,000 shares issued and outstanding, respectively) [1]   199,551,000
Series A Preferred Stock    
Permanent Equity    
Preferred Stock Value [1]
Series C Preferred Stock    
Permanent Equity    
Preferred Stock Value [1] 8,000  
Common Stock, Undefined Class    
Permanent Equity    
Common Stock Value [1] $ 77,000 $ 77,000
[1] The Company’s consolidated Total Assets and Total Liabilities at December 31, 2021 include the assets and liabilities of variable interest entities (“VIEs”) of $3.2 billion and $2.6 billion, respectively. The Company’s 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 those assets, and not to TPG RE Finance Trust, Inc. See Note 6 to the Consolidated Financial Statements for details