XML 21 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Members' Equity and Shareholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment [Member]
Class A Units [Member]
Class P Units [Member]
Preferred Stock [Member]
Common Stock [Member]
Common Stock [Member]
Class A Units [Member]
Common Stock [Member]
Class P Units [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Accumulated Deficit) [Member]
Retained Earnings (Accumulated Deficit) [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance as of December 31, 2018 (Predecessor) at Dec. 31, 2018 $ 685,110       $ 684,979   $ 1   $ 767 $ (637)  
Balance as of (in units) at Dec. 31, 2018         6,817,701   20,950 50      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Contributions $ 356,386       $ 356,386            
Contributions, Shares 850       3,563,859            
Reinvestments $ 33,637       $ 33,637            
Reinvestments, Shares         336,366            
Net income 69,923 [1]                 69,923  
Distributions (102,204)                 (102,204)  
Redemptions (155,744)       $ (155,744)            
Redemptions, Shares         (1,555,623)            
Compensation Expense Related to Grant of Profits Interest 734               734    
Compensation Expense Related to Grant of Profits Interest, Shares     (100) 100              
Grants of Restricted Units 474               474    
Grants of Restricted Units, Shares     150                
Balance at Nov. 14, 2019 454,976       $ 467,235         (12,259)  
Balance as of November 14, 2019 (Predecessor) at Nov. 14, 2019 [2] 888,316       $ 919,258   $ 1   1,975 (32,918)  
Balance as of (in units) at Nov. 14, 2019 [2]         9,162,303   21,850 150      
Balance, Shares at Nov. 14, 2019         4,655,758            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Recapitalization of BRELF II, LLC and Broadmark - Shares         (4,655,758) 86,118,101          
Recapitalization of BRELF II, LLC and Broadmark 325,657       $ (467,235) $ 86     794,798 (1,992)  
Consent fee paid to warrant holders (66,679)               (66,679)    
Issuance of shares in connection with Business Combination - Shares           45,896,534          
Issuance of shares in connection with Business Combination 479,619         $ 46     479,573    
Net income 5,313                 5,313  
Dividends (15,842)                 15,842  
Issuance of shares for exercised Warrants - Shares           1,000          
Issuance of Shares for Exercised Warrants 11               11    
Stock-based compensation expense for restricted stock units 1,417               1,417    
Balance at Dec. 31, 2019 1,184,472         $ 132     1,209,120 (24,780)  
Balance, Shares at Dec. 31, 2019           132,015,635          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 90,231                 90,231  
Dividends (103,174)                 103,174  
Issuance of shares for vested restricted stock units (in shares)           516,723          
Issuance of shares for exercised Warrants - Shares           25          
Stock-based compensation expense for restricted stock units 4,867               4,867    
Balance at Dec. 31, 2020 1,174,421 $ (1,975)       $ 132     1,213,987 (39,698) $ (1,975)
Balance, Shares at Dec. 31, 2020           132,532,383          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 82,488                 82,488  
Dividends (111,411)                 111,411  
Issuance of shares for vested restricted stock units (in shares)           231,053          
Shares withheld for tax liability (485)               (485)    
Shares withheld for tax liability (in shares)           (47,098)          
Stock-based compensation expense for restricted stock units 3,455               3,455    
Balance at Dec. 31, 2021 $ 1,148,468         $ 132     $ 1,216,957 $ (68,621)  
Balance, Shares at Dec. 31, 2021           132,716,338          
[1] Predecessor period is combined as disclosed in Note 1
[2] Predecessor period is combined as disclosed in Note 1.