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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
Total
Series A Preferred Stock
Series C Preferred Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series C Preferred Stock
Preferred Stock
Series B Preferred Stock
Common Stock
Additional paid-in-capital
Accumulated deficit
Balance (in shares) at Dec. 31, 2020       125 0   76,787,006    
Balance at Dec. 31, 2020 $ 1,266,900,000     $ 0 $ 0   $ 77,000 $ 1,559,681,000 $ (292,858,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of stock (in shares)             110,096    
Issuance of common stock 0                
Amortization of stock compensation expense 1,456,000             1,456,000  
Net (loss) income 31,955,000               31,955,000
Dividends on preferred stock (6,124,000)               (6,124,000)
Series B Preferred Stock Accretion, Including Allocated Warrant Fair Value and Transaction Costs (1,452,000)             (1,452,000)  
Dividends on common stock (15,507,000)               (15,507,000)
Balance (in shares) at Mar. 31, 2021       125 0   76,897,102    
Balance at Mar. 31, 2021 1,277,228,000     $ 0 $ 0   $ 77,000 1,559,685,000 (282,534,000)
Temporary equity, balance at Dec. 31, 2020           $ 199,551,000      
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Series B Preferred Stock accretion, including allocated Warrant fair value and transaction costs           1,452,000      
Temporary equity, balance at Mar. 31, 2021           201,003,000      
Balance (in shares) at Dec. 31, 2020       125 0   76,787,006    
Balance at Dec. 31, 2020 1,266,900,000     $ 0 $ 0   $ 77,000 1,559,681,000 (292,858,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 64,347,000                
Balance (in shares) at Jun. 30, 2021       125 8,050,000   77,089,125    
Balance at Jun. 30, 2021 1,437,191,000     $ 0 $ 8,000   $ 77,000 1,708,972,000 (271,866,000)
Temporary equity, balance at Dec. 31, 2020           199,551,000      
Temporary equity, balance at Jun. 30, 2021           0      
Balance (in shares) at Mar. 31, 2021       125 0   76,897,102    
Balance at Mar. 31, 2021 1,277,228,000     $ 0 $ 0   $ 77,000 1,559,685,000 (282,534,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of stock (in shares)             192,023    
Issuance of common stock 0                
Issuance of Series C Preferred Stock (in shares)         8,050,000        
Issuance of Series C Preferred Stock 201,250,000       $ 8,000     201,242,000  
Equity Issuance, Shelf Registration, and Equity Distribution Agreement Transaction Costs (6,866,000)             (6,866,000)  
Amortization of stock compensation expense 1,393,000             1,393,000  
Net (loss) income 32,391,000               32,391,000
Dividends on preferred stock (6,214,000)               (6,214,000)
Series B Preferred Stock redemption make-whole payment (22,485,000)             (22,485,000)  
Series B Preferred Stock Accretion, Including Allocated Warrant Fair Value and Transaction Costs (23,997,000)             (23,997,000)  
Dividends on common stock (15,509,000)               (15,509,000)
Balance (in shares) at Jun. 30, 2021       125 8,050,000   77,089,125    
Balance at Jun. 30, 2021 1,437,191,000     $ 0 $ 8,000   $ 77,000 1,708,972,000 (271,866,000)
Temporary equity, balance at Mar. 31, 2021           201,003,000      
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Series B Preferred Stock accretion, including allocated Warrant fair value and transaction costs           23,997,000      
Series B Preferred Stock Redemption at Par Value           (225,000,000)      
Temporary equity, balance at Jun. 30, 2021           $ 0      
Balance (in shares) at Dec. 31, 2021   125 8,050,000       77,183,892    
Balance at Dec. 31, 2021 1,464,706,000 [1]     0 8,000   $ 77,000 1,711,886,000 (247,265,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of stock (in shares)             1,953    
Issuance of common stock 0                
Amortization of stock compensation expense 1,266,000             1,266,000  
Net (loss) income 23,781,000               23,781,000
Dividends on preferred stock (3,148,000)               (3,148,000)
Dividends on common stock (18,697,000)               (18,697,000)
Balance (in shares) at Mar. 31, 2022   125 8,050,000       77,185,845    
Balance at Mar. 31, 2022 1,467,908,000     0 8,000   $ 77,000 1,713,152,000 (245,329,000)
Balance (in shares) at Dec. 31, 2021   125 8,050,000       77,183,892    
Balance at Dec. 31, 2021 1,464,706,000 [1]     0 8,000   $ 77,000 1,711,886,000 (247,265,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 18,347,000                
Balance (in shares) at Jun. 30, 2022   125 8,050,000       77,403,381    
Balance at Jun. 30, 2022 1,441,928,000 [1]     0 8,000   $ 77,000 1,714,480,000 (272,637,000)
Balance (in shares) at Mar. 31, 2022   125 8,050,000       77,185,845    
Balance at Mar. 31, 2022 1,467,908,000     0 8,000   $ 77,000 1,713,152,000 (245,329,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of stock (in shares)             217,536    
Issuance of common stock 0                
Amortization of stock compensation expense 1,328,000             1,328,000  
Net (loss) income (5,434,000)               (5,434,000)
Dividends on preferred stock (3,148,000)               (3,148,000)
Dividends on common stock (18,726,000)               (18,726,000)
Balance (in shares) at Jun. 30, 2022   125 8,050,000       77,403,381    
Balance at Jun. 30, 2022 $ 1,441,928,000 [1]     $ 0 $ 8,000   $ 77,000 $ 1,714,480,000 $ (272,637,000)
[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.