10-Q Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001562528-18-000009`
Period End Date	20180630
Filing Date	20180810
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	bsprt-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 109 Cash Flow Statement 110 Stockholders Equity 14 Comprehensive Income 12

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$3.90M	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$1.47M	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$2.18M	USD	Point-in-time
Preferred stock, par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	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`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	64.05M	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`	32.62M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	31.83M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.83M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.71M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$8.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.54M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$9.83M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $3,902 and $1,466	`LoansAndLeasesReceivableNetReportedAmount`	$1.40B	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $3,902 and $1,466	`LoansAndLeasesReceivableNetReportedAmount`	$1.91B	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$102.26M	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$28.53M	USD	Point-in-time
Real estate securities, available-for-sale, at fair value	`AvailableforsaleSecuritiesRealEstateSecurities`	-	USD	Point-in-time
Real estate securities, available-for-sale, at fair value	`AvailableforsaleSecuritiesRealEstateSecurities`	$26.79M	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	$660.00K	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	$132.00K	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$49.09M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$48.17M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$10.21M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$8.15M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$4.01M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$2.90M	USD	Point-in-time
Total assets	`Assets`	$2.15B	USD	Point-in-time
Total assets	`Assets`	$1.58B	USD	Point-in-time
Total assets	`Assets`	$1.58B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$826.15M	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$1.17B	USD	Point-in-time
Other financing - commercial mortgage loans	`OtherLongTermDebt`	-	USD	Point-in-time
Other financing - commercial mortgage loans	`OtherLongTermDebt`	$25.70M	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeLiabilities`	$357.00K	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeLiabilities`	$252.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.78M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$1.54M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.92M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.43M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.81M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.51M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.86M	USD	Point-in-time
Payable to broker dealers	`PayablesToBrokerDealersAndClearingOrganizations`	-	USD	Point-in-time
Payable to broker dealers	`PayablesToBrokerDealersAndClearingOrganizations`	$13.50M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$6.42M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$973.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.52B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 32,620,659 and 31,834,072 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$320.00K	USD	Point-in-time
Common stock, $0.01 par value, 949,999,000 shares authorized, 32,620,659 and 31,834,072 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$328.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$704.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$717.17M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-99.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$618.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$610.34M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.58B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.15B	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$34.13M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$39.72M	USD	2 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$63.53M	USD	2 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$20.84M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$7.72M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$14.39M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$33.06M	USD	2 Qtrs
Less: Interest expense	`InterestExpense`	$13.14M	USD	2 Qtrs
Net interest income	`Revenues`	$13.13M	USD	1 Quarter
Net interest income	`Revenues`	$26.58M	USD	2 Qtrs
Net interest income	`Revenues`	$19.74M	USD	1 Quarter
Net interest income	`Revenues`	$30.47M	USD	2 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$4.65M	USD	2 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$4.51M	USD	2 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$2.27M	USD	1 Quarter
Asset management and subordinated performance fee	`AssetManagementCosts`	$2.34M	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$51.00K	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$2.49M	USD	2 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$116.00K	USD	2 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$1.87M	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$6.32M	USD	2 Qtrs
Administrative services expenses	`GeneralAndAdministrativeExpense`	$950.00K	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$1.80M	USD	2 Qtrs
Administrative services expenses	`GeneralAndAdministrativeExpense`	$3.12M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$4.25M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.97M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$2.02M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.21M	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$1.80M	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$3.12M	USD	2 Qtrs
Other expenses	`GeneralInsuranceExpense`	$756.00K	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$1.36M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$12.28M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$9.26M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.12M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$18.31M	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-193.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$2.44M	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$2.35M	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$419.00K	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-715.00K	USD	Annual
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-1.72M	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-1.97M	USD	2 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	-	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-28.00K	USD	2 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$4.04M	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$6.35M	USD	2 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	2 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	1 Quarter
Realized (gain)/loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	2 Qtrs
Realized (gain)/loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	1 Quarter
Realized (gain)/loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$201.00K	USD	1 Quarter
Realized (gain)/loss on sale of real estate securities	`GainLossOnSaleOfSecuritiesNet`	$172.00K	USD	2 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	$1.60M	USD	1 Quarter
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`	$247.00K	USD	2 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	2 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$70.00K	USD	1 Quarter
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$705.00K	USD	2 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	2 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$-110.00K	USD	2 Qtrs
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$87.00K	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$271.00K	USD	1 Quarter
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$1.52M	USD	2 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	2 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$5.99M	USD	2 Qtrs
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$2.12M	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$273.00K	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$-1.97M	USD	2 Qtrs
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$12.59M	USD	1 Quarter
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$12.33M	USD	2 Qtrs
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$18.15M	USD	2 Qtrs
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$6.28M	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$492.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$755.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.10M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	-	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	-	USD	2 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$16.00K	USD	2 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$16.00K	USD	1 Quarter
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.28M	USD	1 Quarter
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.38M	USD	2 Qtrs
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.09M	USD	1 Quarter
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.33M	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.80M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.76M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.85M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.72M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.82M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.75M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.81M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.86M	shares	1 Quarter

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.10M	USD	1 Quarter
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.92M	USD	2 Qtrs
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.16M	USD	2 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.12M	USD	2 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$856.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$9.64M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.37M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$15.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$80.00K	USD	2 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale	`GainLossOnSaleOfLoansAndLeases`	$247.00K	USD	2 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale	`GainLossOnSaleOfLoansAndLeases`	-	USD	2 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale, measured at fair value	`GainLossonSaleofLoansandLeasesFairValueDisclosure`	$705.00K	USD	2 Qtrs
Change in unrealized losses on commercial mortgage loans held-for-sale, measured at fair value	`GainLossonSaleofLoansandLeasesFairValueDisclosure`	-	USD	2 Qtrs
Change in unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	-	USD	2 Qtrs
Change in unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$-110.00K	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-193.00K	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$2.44M	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$2.35M	USD	1 Quarter
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$419.00K	USD	2 Qtrs
Loan loss (recovery)/provision	`ProvisionForLoanAndLeaseLosses`	$-715.00K	USD	Annual
Origination of commercial mortgage loans, held-for-sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$317.37M	USD	2 Qtrs
Origination of commercial mortgage loans, held-for-sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	-	USD	2 Qtrs
Proceeds from sale of commercial mortgage loans, held-for-sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$244.37M	USD	2 Qtrs
Proceeds from sale of commercial mortgage loans, held-for-sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	-	USD	2 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.20M	USD	2 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-849.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.80M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.35M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$935.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$348.00K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-203.00K	USD	2 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-1.90M	USD	2 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.24M	USD	2 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$90.00K	USD	2 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-49.68M	USD	2 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.07M	USD	2 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$815.74M	USD	2 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$395.93M	USD	2 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$137.77M	USD	2 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$310.52M	USD	2 Qtrs
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	2 Qtrs
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	$13.32M	USD	2 Qtrs
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$34.89M	USD	2 Qtrs
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sale of commercial mortgage loans	`ProceedsFromSaleOfLoansReceivable`	-	USD	2 Qtrs
Proceeds from sale of commercial mortgage loans	`ProceedsFromSaleOfLoansReceivable`	$67.59M	USD	2 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	2 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$520.00K	USD	2 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-155.69M	USD	2 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-519.05M	USD	2 Qtrs
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$11.28M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.72M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$9.45M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$7.83M	USD	2 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	$339.50M	USD	2 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	$488.00M	USD	2 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$81.27M	USD	2 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$141.95M	USD	2 Qtrs
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$1.17B	USD	2 Qtrs
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$266.58M	USD	2 Qtrs
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$346.75M	USD	2 Qtrs
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$933.12M	USD	2 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$245.53M	USD	2 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$49.75M	USD	2 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$78.18M	USD	2 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$263.10M	USD	2 Qtrs
Borrowings on other financing - commercial mortgage loans	`ProceedsFromOtherDebt`	$36.20M	USD	2 Qtrs
Borrowings on other financing - commercial mortgage loans	`ProceedsFromOtherDebt`	-	USD	2 Qtrs
Repayments on other financing - commercial mortgage loans	`RepaymentsOfOtherDebt`	-	USD	2 Qtrs
Repayments on other financing - commercial mortgage loans	`RepaymentsOfOtherDebt`	$26.18M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$10.68M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$6.16M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$15.68M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$21.21M	USD	2 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$526.05M	USD	2 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$155.35M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$15.73M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.68M	USD	2 Qtrs
Cash, cash equivalents and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.03M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.03M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.71M	USD	Point-in-time
Interest paid	`InterestPaid`	$22.19M	USD	2 Qtrs
Interest paid	`InterestPaid`	$12.26M	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$340.00K	USD	2 Qtrs
Real estate securities, available-for-sale, at fair value	`AvailableforsaleSecuritiesRealEstateSecurities`	-	USD	Point-in-time
Real estate securities, available-for-sale, at fair value	`AvailableforsaleSecuritiesRealEstateSecurities`	$26.79M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.92M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$5.43M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$3.81M	USD	Point-in-time
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$7.11M	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$11.39M	USD	2 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	-	USD	2 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	$57.51M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.71M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$8.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.54M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$9.83M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$618.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$610.34M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$13.72M	USD	2 Qtrs
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$7.83M	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$7.11M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$80.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.10M	USD	1 Quarter
Distributions declared	`Dividends`	$22.67M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-23.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$618.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$610.34M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.33M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.10M	USD	1 Quarter
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$948.00K	USD	2 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-440.00K	USD	1 Quarter
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-23.00K	USD	2 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-23.00K	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$12.08M	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$17.38M	USD	2 Qtrs
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$5.84M	USD	1 Quarter
Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$13.28M	USD	2 Qtrs

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