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Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Common stock, par value (in USD per share) $ 0.001 $ 0.001
Common stock, authorized shares 302,500,000 302,500,000
Common stock, shares issued 77,403,381 77,183,892
Common stock, shares outstanding 77,403,381 77,183,892
Total assets [1] $ 5,395,089 $ 5,218,020
Total liabilities [1] 3,953,161 3,753,314
Variable Interest Entity, Primary Beneficiary    
Total assets 3,230,635 3,173,889
Total liabilities $ 2,649,042 $ 2,552,834
Series B Preferred Stock    
Temporary equity, shares outstanding 0 0
Series A Preferred Stock    
Preferred stock, par value (in USD per share) $ 0.001 $ 0.001
Preferred stock, authorized shares 100,000,000 100,000,000
Preferred stock, shares issued 125 125
Preferred stock, shares outstanding 125 125
Preferred stock, aggregate liquidation preference $ 125 $ 125
Series C Preferred Stock    
Preferred stock, par value (in USD per share) $ 0.001 $ 0.001
Preferred stock, authorized shares 8,050,000 8,050,000
Preferred stock, shares issued 8,050,000 8,050,000
Preferred stock, shares outstanding 8,050,000 8,050,000
Preferred stock, aggregate liquidation preference $ 201,250 $ 201,250
Repurchase Agreements    
Loans pledged as collateral $ 1,502,203 $ 1,697,481
[1] The Company’s consolidated Total Assets and Total Liabilities as of June 30, 2022 include assets and liabilities of variable interest entities (“VIEs”) of $3.2 billion and $2.6 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2021 include assets and liabilities of VIEs of $3.2 billion and $2.6 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 5 to the Consolidated Financial Statements for details.