10-Q Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001562528-17-000016`
Period End Date	20170930
Filing Date	20171114
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	bsprt-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 92 Cash Flow Statement 105 Stockholders Equity 13 Comprehensive Income 12

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$2.18M	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$1.96M	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$888.00K	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$1.61M	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
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`	31.64M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	31.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.64M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.88M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.87M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.02M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$7.75M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $2,600 and $2,181	`LoansAndLeasesReceivableNetReportedAmount`	$1.29B	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $2,600 and $2,181	`LoansAndLeasesReceivableNetReportedAmount`	$1.05B	USD	Point-in-time
Commercial mortgage loans, held-for-sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$31.18M	USD	Point-in-time
Commercial mortgage loans, held-for-sale	`TradeAndLoansReceivablesHeldForSaleNetNotPartOfDisposalGroup`	$21.18M	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$60.95M	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	-	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`	-	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	$960.00K	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	-	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$53.08M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$401.00K	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$6.60M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$5.96M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.92M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$3.21M	USD	Point-in-time
Total assets	`Assets`	$1.25B	USD	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$515.50M	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$278.45M	USD	Point-in-time
Other financing - commercial mortgage loans	`OtherLongTermDebt`	$29.96M	USD	Point-in-time
Other financing - commercial mortgage loans	`OtherLongTermDebt`	-	USD	Point-in-time
Credit derivatives	`DerivativeLiabilities`	$1.00M	USD	Point-in-time
Credit derivatives	`DerivativeLiabilities`	-	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$897.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$1.30M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.77M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.17M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.11M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.06M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$917.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$614.48M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of September 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of September 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 31,641,275 and 31,884,631 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$316.00K	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 31,641,275 and 31,884,631 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$319.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$704.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$700.36M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-500.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-97.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$603.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$633.65M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.25B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$60.76M	USD	3 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$20.25M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$22.20M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$61.92M	USD	3 Qtrs
Less: Interest expense	`InterestExpense`	$17.48M	USD	3 Qtrs
Less: Interest expense	`InterestExpense`	$8.85M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$7.32M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$21.99M	USD	3 Qtrs
Net interest income	`Revenues`	$43.28M	USD	3 Qtrs
Net interest income	`Revenues`	$39.93M	USD	3 Qtrs
Net interest income	`Revenues`	$12.93M	USD	1 Quarter
Net interest income	`Revenues`	$13.35M	USD	1 Quarter
Asset management and subordinated performance fee	`AssetManagementCosts`	$1.07M	USD	1 Quarter
Asset management and subordinated performance fee	`AssetManagementCosts`	$2.30M	USD	1 Quarter
Asset management and subordinated performance fee	`AssetManagementCosts`	$7.09M	USD	3 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$6.95M	USD	3 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$1.69M	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$4.17M	USD	3 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$635.00K	USD	3 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$255.00K	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$2.48M	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$3.29M	USD	3 Qtrs
Administrative services expenses	`GeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$3.83M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$4.23M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$1.35M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$2.15M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$3.32M	USD	3 Qtrs
Other expenses	`GeneralInsuranceExpense`	$1.41M	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$686.00K	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$2.09M	USD	3 Qtrs
Other expenses	`GeneralInsuranceExpense`	$2.77M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$17.88M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$6.64M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$8.22M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$20.50M	USD	3 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-113.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-641.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-222.00K	USD	3 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$721.00K	USD	3 Qtrs
Realized (gain) loss on commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	-	USD	3 Qtrs
Realized (gain) loss on commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Realized (gain) loss on commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	$378.00K	USD	1 Quarter
Realized (gain) loss on commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	$-1.59M	USD	3 Qtrs
Realized (gain) loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$-1.03M	USD	3 Qtrs
Realized (gain) loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	1 Quarter
Realized (gain) loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$172.00K	USD	3 Qtrs
Realized (gain) loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$-1.03M	USD	1 Quarter
Unrealized (gain) loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	$-27.00K	USD	1 Quarter
Unrealized (gain) loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	$220.00K	USD	3 Qtrs
Unrealized (gain) loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Unrealized (gain) loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	3 Qtrs
Unrealized (gain) loss on derivatives	`UnrealizedGainLossOnDerivatives`	$583.00K	USD	1 Quarter
Unrealized (gain) loss on derivatives	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Unrealized (gain) loss on derivatives	`UnrealizedGainLossOnDerivatives`	$583.00K	USD	3 Qtrs
Unrealized (gain) loss on derivatives	`UnrealizedGainLossOnDerivatives`	-	USD	3 Qtrs
Realized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.00K	USD	3 Qtrs
Realized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	3 Qtrs
Realized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.00K	USD	1 Quarter
Realized (gain) loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$-408.00K	USD	3 Qtrs
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$-1.75M	USD	3 Qtrs
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$1.56M	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$-919.00K	USD	1 Quarter
Income (loss) before taxes	`IncomeLossAttributableToParent`	$23.65M	USD	3 Qtrs
Income (loss) before taxes	`IncomeLossAttributableToParent`	$6.68M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossAttributableToParent`	$5.37M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossAttributableToParent`	$19.01M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-291.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-291.00K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.65M	USD	3 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	3 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	3 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	3 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.78M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.74M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.62M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.52M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.52M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.79M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.63M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.76M	shares	1 Quarter

Cash Flow Statement 105 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.65M	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.62M	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.76M	USD	3 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.17M	USD	3 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.89M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.73M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.99M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$56.00K	USD	3 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale	`GainLossOnSaleOfLoansAndLeases`	-	USD	3 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale	`GainLossOnSaleOfLoansAndLeases`	$220.00K	USD	3 Qtrs
Change in unrealized losses on real estate securities	`UnrealizedGainLossOnSecurities`	-	USD	3 Qtrs
Change in unrealized losses on real estate securities	`UnrealizedGainLossOnSecurities`	$-1.03M	USD	3 Qtrs
Change in unrealized losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$583.00K	USD	3 Qtrs
Change in unrealized losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	-	USD	3 Qtrs
Realized loss on sale of commercial mortgage loans	`GainLossOnSalesOfLoansNet`	-	USD	3 Qtrs
Realized loss on sale of commercial mortgage loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Realized loss on sale of commercial mortgage loans	`GainLossOnSalesOfLoansNet`	$378.00K	USD	1 Quarter
Realized loss on sale of commercial mortgage loans	`GainLossOnSalesOfLoansNet`	$-1.59M	USD	3 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-113.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-641.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-222.00K	USD	3 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$721.00K	USD	3 Qtrs
Deferred income taxes	`IncomeTaxExpenseBenefit`	$-291.00K	USD	1 Quarter
Deferred income taxes	`IncomeTaxExpenseBenefit`	$-291.00K	USD	3 Qtrs
Deferred income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.21M	USD	3 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.24M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.72M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-49.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$3.08M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$1.42M	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$519.00K	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-1.53M	USD	3 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$405.00K	USD	3 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$913.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.39M	USD	3 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$42.24M	USD	3 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$565.09M	USD	3 Qtrs
Origination of commercial mortgage loans, held-for-sale, measured at fair value	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$60.95M	USD	3 Qtrs
Origination of commercial mortgage loans, held-for-sale, measured at fair value	`PaymentsForOriginationOfMortgageLoansHeldForSale`	-	USD	3 Qtrs
Receivable for loan repayment	`PaymentsForProceedsFromLoansReceivable`	$52.68M	USD	3 Qtrs
Receivable for loan repayment	`PaymentsForProceedsFromLoansReceivable`	-	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$34.89M	USD	3 Qtrs
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$2.22M	USD	3 Qtrs
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$15.00M	USD	3 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	3 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$383.00K	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfLoansReceivable`	$69.96M	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfLoansReceivable`	$88.35M	USD	3 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$228.81M	USD	3 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$48.91M	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$78.84M	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-312.05M	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$19.03M	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$20.55M	USD	3 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	$339.50M	USD	3 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$97.47M	USD	3 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$104.63M	USD	3 Qtrs
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$368.75M	USD	3 Qtrs
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$307.02M	USD	3 Qtrs
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$69.00M	USD	3 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$1.02B	USD	3 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$343.15M	USD	3 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$370.75M	USD	3 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$1.06B	USD	3 Qtrs
Borrowings on other financing - commercial mortgage loans	`ProceedsFromOtherDebt`	$36.20M	USD	3 Qtrs
Borrowings on other financing - commercial mortgage loans	`ProceedsFromOtherDebt`	-	USD	3 Qtrs
Repayments on other financing - commercial mortgage loans	`RepaymentsOfOtherDebt`	-	USD	3 Qtrs
Repayments on other financing - commercial mortgage loans	`RepaymentsOfOtherDebt`	$5.27M	USD	3 Qtrs
Increase (decrease) in restricted cash related to financing activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$366.00K	USD	3 Qtrs
Increase (decrease) in restricted cash related to financing activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-2.73M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$2.84M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$6.60M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$29.95M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$31.33M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.33M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$245.87M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$46.07M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$-45.79M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$118.05M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.81M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.26M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.87M	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`	$14.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.26M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.87M	USD	Point-in-time
Interest paid	`InterestPaid`	$17.85M	USD	3 Qtrs
Interest paid	`InterestPaid`	$13.58M	USD	3 Qtrs
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.77M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$16.35M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$19.10M	USD	3 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	-	USD	3 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	$31.21M	USD	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$603.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$633.65M	USD	Point-in-time
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$20.55M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$16.35M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$56.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.65M	USD	3 Qtrs
Distributions declared	`Dividends`	$45.85M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$500.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$603.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$633.65M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.65M	USD	3 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.61M	USD	1 Quarter
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$500.00K	USD	3 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$35.00K	USD	3 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-448.00K	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$6.53M	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$19.80M	USD	3 Qtrs
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$7.98M	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$23.69M	USD	3 Qtrs

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