10-K Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001562528-17-000006`
Period End Date	20161231
Filing Date	20170329
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	bsprt-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 63 Cash Flow Statement 148 Stockholders Equity 35 Comprehensive Income 9

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$570.00K	USD	Point-in-time
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$888.00K	USD	Point-in-time
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$2.18M	USD	Point-in-time
Preferred stock, par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Convertible stock, par value per share (in dollars per share)	`ConvertibleStockParorStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible stock, par value per share (in dollars per share)	`ConvertibleStockParorStatedValuePerShare`	$0.01	USD	Point-in-time
Convertible stock, shares authorized (in shares)	`ConvertibleStockSharesAuthorized`	1,000.00	shares	Point-in-time
Convertible stock, shares authorized (in shares)	`ConvertibleStockSharesAuthorized`	1,000.00	shares	Point-in-time
Convertible stock, shares issued (in shares)	`ConvertibleStockSharesIssued`	1,000.00	shares	Point-in-time
Convertible stock, shares issued (in shares)	`ConvertibleStockSharesIssued`	0.00	shares	Point-in-time
Convertible stock, shares outstanding (in shares)	`ConvertibleStockSharesOutstanding`	1,000.00	shares	Point-in-time
Convertible stock, shares outstanding (in shares)	`ConvertibleStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	950.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	950.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	31.39M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	31.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.39M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$386.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.02M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.37M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $2,181 and $888	`LoansReceivableNet`	$1.05B	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $2,181 and $888	`LoansReceivableNet`	$1.12B	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`LoansHeldForSaleFairValueDisclosure`	-	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`LoansHeldForSaleFairValueDisclosure`	$21.18M	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`LoansHeldForSaleFairValueDisclosure`	-	USD	Point-in-time
Real estate securities, available for sale, at fair value	`AvailableForSaleSecurities`	$49.05M	USD	Point-in-time
Real estate securities, available for sale, at fair value	`AvailableForSaleSecurities`	$130.75M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$1.31M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$401.00K	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$5.96M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$5.36M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$900.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.92M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$689.00K	USD	Point-in-time
Total assets	`Assets`	$1.25B	USD	Point-in-time
Total assets	`Assets`	$1.28B	USD	Point-in-time
Total assets	`Assets`	$514.22M	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$287.23M	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$278.45M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$897.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$792.00K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$2.62M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.55M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$6.80M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.17M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.33M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$628.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$614.48M	USD	Point-in-time
Commitment and Contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitment and Contingencies (See Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of December 31, 2016 and 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of December 31, 2016 and 2015	`PreferredStockValue`	-	USD	Point-in-time
Convertible stock (promote shares); $0.01 par value, 1,000 shares authorized, issued and outstanding as of December 31, 2015 and 0 shares issued and outstanding as of December 31, 2016	`ConvertibleSharesValueIssued`	-	USD	Point-in-time
Convertible stock (promote shares); $0.01 par value, 1,000 shares authorized, issued and outstanding as of December 31, 2015 and 0 shares issued and outstanding as of December 31, 2016	`ConvertibleSharesValueIssued`	$1.00K	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 31,884,631 and 31,385,280 shares issued and outstanding as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$314.00K	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 31,884,631 and 31,385,280 shares issued and outstanding as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$319.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$704.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$691.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-500.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-35.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$633.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$654.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.25B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.28B	USD	Point-in-time
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$570.00K	USD	Point-in-time
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$888.00K	USD	Point-in-time
Allowance for commercial mortgage loans	`LoansAndLeasesReceivableAllowance`	$2.18M	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$79.40M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$59.39M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$15.47M	USD	Annual
Interest expense	`InterestExpense`	$2.20M	USD	Annual
Interest expense	`InterestExpense`	$12.27M	USD	Annual
Interest expense	`InterestExpense`	$23.17M	USD	Annual
Net interest income	`Revenues`	$47.12M	USD	Annual
Net interest income	`Revenues`	$13.27M	USD	Annual
Net interest income	`Revenues`	$56.23M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementCosts`	$9.50M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementCosts`	$604.00K	USD	Annual
Asset management and subordinated performance fee	`AssetManagementCosts`	$7.62M	USD	Annual
Acquisition fees and acquisition expenses	`BoardExpenses`	$7.92M	USD	Annual
Acquisition fees and acquisition expenses	`BoardExpenses`	$806.00K	USD	Annual
Acquisition fees and acquisition expenses	`BoardExpenses`	$4.39M	USD	Annual
Administrative services expenses	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$4.38M	USD	Annual
Administrative services expenses	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$644.00K	USD	Annual
Administrative services expenses	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	-	USD	Annual
Professional fees	`ProfessionalFees`	$1.05M	USD	Annual
Professional fees	`ProfessionalFees`	$4.35M	USD	Annual
Professional fees	`ProfessionalFees`	$5.47M	USD	Annual
Other expenses	`GeneralInsuranceExpense`	$1.35M	USD	Annual
Other expenses	`GeneralInsuranceExpense`	$2.34M	USD	Annual
Other expenses	`GeneralInsuranceExpense`	$1.15M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$7.19M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$22.49M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$21.87M	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$570.00K	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$318.00K	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$1.29M	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$-1.91M	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$310.00K	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	$-247.00K	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	$112.00K	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	-	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	-	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.93M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.62M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.99M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$209.00K	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net income	`NetIncomeLoss`	$24.93M	USD	Annual
Net income	`NetIncomeLoss`	$29.99M	USD	Annual
Net income	`NetIncomeLoss`	$5.42M	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.03	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.95	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.95	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.66M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.23M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.25M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.23M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.67M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.26M	shares	Annual

Cash Flow Statement 148 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.93M	USD	Annual
Net income	`NetIncomeLoss`	$29.99M	USD	Annual
Net income	`NetIncomeLoss`	$5.42M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$399.00K	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.56M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.34M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.53M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.07M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$166.00K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.82M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.05M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$479.00K	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	$112.00K	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	-	USD	Annual
Realized gain on sale of commercial mortgage loan	`GainLossOnSaleOfMortgageLoans`	-	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$44.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$30.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$27.00K	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$-1.91M	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	Annual
Realized loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	Annual
Impairment losses on real estate securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$310.00K	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	Annual
Unrealized losses on loans held-for-sale	`FairValueOptionChangesInFairValueGainLoss1`	$-247.00K	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$570.00K	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$318.00K	USD	Annual
Loan loss provision	`ProvisionForLoanAndLeaseLosses`	$1.29M	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.43M	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-940.00K	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.57M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-723.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$85.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$-276.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$360.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$-1.71M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-478.00K	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-263.00K	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$1.81M	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.00K	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$105.00K	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$560.00K	USD	Annual
Net cash provided by operating activities:	`NetCashProvidedByUsedInOperatingActivities`	$35.02M	USD	Annual
Net cash provided by operating activities:	`NetCashProvidedByUsedInOperatingActivities`	$2.69M	USD	Annual
Net cash provided by operating activities:	`NetCashProvidedByUsedInOperatingActivities`	$25.43M	USD	Annual
Origination and purchase of commercial mortgage loans	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$53.64M	USD	Annual
Origination and purchase of commercial mortgage loans	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$793.73M	USD	Annual
Origination and purchase of commercial mortgage loans	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$429.94M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	$45.60M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	$85.46M	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$79.08M	USD	Annual
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sale of commercial mortgage loan	`ProceedsfromSaleofCommercialMortgageLoans`	$3.69M	USD	Annual
Proceeds from sale of commercial mortgage loan	`ProceedsfromSaleofCommercialMortgageLoans`	$44.35M	USD	Annual
Proceeds from sale of commercial mortgage loan	`ProceedsfromSaleofCommercialMortgageLoans`	-	USD	Annual
Principal repayments received on commercial mortgage loans	`PaymentsForProceedsFromLoansAndLeases`	$-67.40M	USD	Annual
Principal repayments received on commercial mortgage loans	`PaymentsForProceedsFromLoansAndLeases`	$-136.00K	USD	Annual
Principal repayments received on commercial mortgage loans	`PaymentsForProceedsFromLoansAndLeases`	$-126.34M	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$3.01M	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$73.00K	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$2.22M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$139.41M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-471.64M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-749.85M	USD	Annual
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$385.20M	USD	Annual
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	Point-in-time
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$345.94M	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$464.00K	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$18.96M	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$2.56M	USD	Annual
Proceeds from issuances of convertible stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$1.00K	USD	Annual
Proceeds from issuances of convertible stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	Annual
Proceeds from issuances of convertible stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	Annual
Reimbursements/(payments) of offering costs and fees related to common stock issuances	`PaymentsOfStockIssuanceCosts`	$45.36M	USD	Annual
Reimbursements/(payments) of offering costs and fees related to common stock issuances	`PaymentsOfStockIssuanceCosts`	$35.60M	USD	Annual
Reimbursements/(payments) of offering costs and fees related to common stock issuances	`PaymentsOfStockIssuanceCosts`	$-793.00K	USD	Annual
Proceeds from issuance of collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Proceeds from issuance of collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Proceeds from issuance of collateralized loan obligations	`ProceedsFromIssuanceOfSecuredDebt`	$292.48M	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	-	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	-	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	$9.15M	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$150.17M	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$233.85M	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$423.54M	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$182.43M	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$367.47M	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	-	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$31.60M	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$690.41M	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$1.21B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$1.26B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$599.46M	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$5.33M	USD	Annual
Borrowings on revolving line of credit with affiliate	`ProceedsFromDebtNetOfIssuanceCosts`	$5.55M	USD	Annual
Borrowings on revolving line of credit with affiliate	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	Annual
Borrowings on revolving line of credit with affiliate	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	Annual
Repayments of revolving line of credit with affiliate	`RepaymentsOfLinesOfCredit`	$12.86M	USD	Annual
Repayments of revolving line of credit with affiliate	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Repayments of revolving line of credit with affiliate	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Decrease/(Increase) in restricted cash related to financing activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-68.00K	USD	Annual
Decrease/(Increase) in restricted cash related to financing activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$345.00K	USD	Annual
Decrease/(Increase) in restricted cash related to financing activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-5.30M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.70M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.82M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$2.20M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$40.25M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$26.95M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$7.59M	USD	Annual
Net cash (used in) provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$738.84M	USD	Annual
Net cash (used in) provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-71.19M	USD	Annual
Net cash (used in) provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$469.16M	USD	Annual
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$208.00K	USD	Annual
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$14.42M	USD	Annual
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$103.24M	USD	Annual
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.81M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$386.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.05M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$178.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$386.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$118.05M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$178.00K	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$50.00K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$159.00K	USD	Annual
Interest paid	`InterestPaid`	$8.89M	USD	Annual
Interest paid	`InterestPaid`	$1.50M	USD	Annual
Interest paid	`InterestPaid`	$19.02M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$5.03M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$20.16M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$25.05M	USD	Annual
Distribution Payable	`DividendsPayableCurrentAndNoncurrent`	$2.62M	USD	Point-in-time
Distribution Payable	`DividendsPayableCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Distribution Payable	`DividendsPayableCurrentAndNoncurrent`	$5.55M	USD	Point-in-time
Receivable for common stock issued	`AmountReceivableforCommonStockIssued`	$1.07M	USD	Annual
Receivable for common stock issued	`AmountReceivableforCommonStockIssued`	-	USD	Annual
Receivable for common stock issued	`AmountReceivableforCommonStockIssued`	-	USD	Annual
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`LoansHeldForSaleFairValueDisclosure`	-	USD	Point-in-time
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`LoansHeldForSaleFairValueDisclosure`	$21.18M	USD	Point-in-time
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`LoansHeldForSaleFairValueDisclosure`	-	USD	Point-in-time
Reimbursement of excess payment of offering costs	`RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty`	$800.00K	USD	Annual

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$654.33M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$330.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$26.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.65M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$347.01M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$385.15M	USD	Annual
Issuance of convertible stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.00K	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$8.55M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$12.97M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$464.00K	USD	Annual
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$37.21M	USD	Annual
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$45.92M	USD	Annual
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$-793.00K	USD	Annual
Common stock issued through distribution reinvestment plan (in shares)	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	2.09M	shares	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$5.03M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$20.16M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$25.05M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.00K	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$44.00K	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$27.00K	USD	Annual
Net income	`NetIncomeLoss`	$24.93M	USD	Annual
Net income	`NetIncomeLoss`	$29.99M	USD	Annual
Net income	`NetIncomeLoss`	$5.42M	USD	Annual
Distributions declared	`Dividends`	$15.03M	USD	Annual
Distributions declared	`Dividends`	$65.34M	USD	Annual
Distributions declared	`Dividends`	$50.04M	USD	Annual
Conversion of convertible stocks	`ConversionOfStockAmountConverted1`	-	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.75M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-297.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.95M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$654.33M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$330.51M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$26.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.65M	USD	Point-in-time
Reimbursement of excess payment of offering costs	`RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty`	$800.00K	USD	Annual

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.93M	USD	Annual
Net income	`NetIncomeLoss`	$29.99M	USD	Annual
Net income	`NetIncomeLoss`	$5.42M	USD	Annual
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-297.00K	USD	Annual
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.95M	USD	Annual
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.75M	USD	Annual
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$31.74M	USD	Annual
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$22.99M	USD	Annual
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$5.12M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.