10-Q Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001562528-18-000016`
Period End Date	20180930
Filing Date	20181113
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	bsprt-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 109 Cash Flow Statement 112 Stockholders Equity 15 Comprehensive Income 12

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$1.47M	USD	Point-in-time
Allowance for loan losses	`LoansAndLeasesReceivableAllowance`	$4.97M	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`	$0.01	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, shares authorized (in shares)	`PreferredStockSharesAuthorized`	49.98M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	49.98M	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 issued (in shares)	`PreferredStockSharesIssued`	64.05M	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`	31.83M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	37.48M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.47M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.83M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	37.48M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$7.75M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$10.57M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$8.00M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $4,968 and $1,466	`LoansAndLeasesReceivableNetReportedAmount`	$2.14B	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $4,968 and $1,466	`LoansAndLeasesReceivableNetReportedAmount`	$1.40B	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$28.53M	USD	Point-in-time
Commercial mortgage loans, held-for-sale, measured at fair value	`MortgagesHeldForSaleFairValueDisclosure`	$105.98M	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`	$27.05M	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	$132.00K	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeAssets`	$1.99M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$49.09M	USD	Point-in-time
Receivable for loan repayment	`NotesReceivableNet`	$35.45M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$8.15M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$11.61M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$4.01M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$3.54M	USD	Point-in-time
Total assets	`Assets`	$1.58B	USD	Point-in-time
Total assets	`Assets`	$2.39B	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`	$983.55M	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`	$565.00K	USD	Point-in-time
Derivative instruments, at fair value	`DerivativeLiabilities`	$357.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.48M	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`	$5.12M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.51M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$6.68M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$3.31M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$6.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$973.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.59B	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, 37,477,393 and 31,834,072 shares issued and outstanding as of September 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, 37,477,393 and 31,834,072 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$376.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$796.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$704.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$171.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$610.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$702.35M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.39B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.58B	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$22.20M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$42.94M	USD	1 Quarter
Interest income	`InterestAndDividendIncomeOperating`	$61.92M	USD	3 Qtrs
Interest income	`InterestAndDividendIncomeOperating`	$106.48M	USD	3 Qtrs
Less: Interest expense	`InterestExpense`	$8.85M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$21.99M	USD	3 Qtrs
Less: Interest expense	`InterestExpense`	$17.12M	USD	1 Quarter
Less: Interest expense	`InterestExpense`	$50.18M	USD	3 Qtrs
Net interest income	`Revenues`	$39.93M	USD	3 Qtrs
Net interest income	`Revenues`	$13.35M	USD	1 Quarter
Net interest income	`Revenues`	$25.82M	USD	1 Quarter
Net interest income	`Revenues`	$56.30M	USD	3 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$2.72M	USD	1 Quarter
Asset management and subordinated performance fee	`AssetManagementCosts`	$7.23M	USD	3 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$6.95M	USD	3 Qtrs
Asset management and subordinated performance fee	`AssetManagementCosts`	$2.30M	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$173.00K	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$1.69M	USD	1 Quarter
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$289.00K	USD	3 Qtrs
Acquisition fees and acquisition expenses	`AcquisitionFeesandExpensesRelatedParty`	$4.17M	USD	3 Qtrs
Administrative services expenses	`GeneralAndAdministrativeExpense`	$9.82M	USD	3 Qtrs
Administrative services expenses	`GeneralAndAdministrativeExpense`	$3.50M	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Administrative services expenses	`GeneralAndAdministrativeExpense`	$3.29M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$3.32M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$2.56M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.35M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$6.80M	USD	3 Qtrs
Other expenses	`GeneralInsuranceExpense`	$2.77M	USD	3 Qtrs
Other expenses	`GeneralInsuranceExpense`	$774.00K	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$1.41M	USD	1 Quarter
Other expenses	`GeneralInsuranceExpense`	$3.90M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$28.04M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$20.50M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$8.22M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$9.72M	USD	1 Quarter
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$3.50M	USD	3 Qtrs
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-222.00K	USD	3 Qtrs
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-715.00K	USD	Annual
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-641.00K	USD	1 Quarter
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$1.07M	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$378.00K	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-20.00K	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-1.59M	USD	3 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale	`GainLossOnSaleOfMortgageLoans`	$-48.00K	USD	3 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	3 Qtrs
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$3.42M	USD	1 Quarter
Realized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$9.77M	USD	3 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	`DebtSecuritiesAvailableForSaleGainLoss`	-	USD	1 Quarter
Realized (gain)/loss on sale of real estate securities	`DebtSecuritiesAvailableForSaleGainLoss`	$172.00K	USD	3 Qtrs
Realized (gain)/loss on sale of real estate securities	`DebtSecuritiesAvailableForSaleGainLoss`	$-107.00K	USD	3 Qtrs
Realized (gain)/loss on sale of real estate securities	`DebtSecuritiesAvailableForSaleGainLoss`	$-107.00K	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	3 Qtrs
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`	-	USD	1 Quarter
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	3 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$474.00K	USD	3 Qtrs
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$-231.00K	USD	1 Quarter
Unrealized (gain)/loss on commercial mortgage loans held-for-sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	-	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$583.00K	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$583.00K	USD	3 Qtrs
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$1.27M	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$1.16M	USD	3 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.00K	USD	3 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$1.48M	USD	3 Qtrs
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-41.00K	USD	1 Quarter
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.00K	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$-408.00K	USD	3 Qtrs
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$1.56M	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$3.23M	USD	1 Quarter
Total other (income)/loss	`OtherNonoperatingIncomeExpense`	$9.22M	USD	3 Qtrs
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$19.32M	USD	1 Quarter
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$37.48M	USD	3 Qtrs
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$6.68M	USD	1 Quarter
Income/(loss) before taxes	`IncomeLossAttributableToParent`	$19.01M	USD	3 Qtrs
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$325.00K	USD	1 Quarter
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$-291.00K	USD	1 Quarter
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$1.08M	USD	3 Qtrs
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$-291.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$36.40M	USD	3 Qtrs
Preferred Stock Dividends and Other Adjustments	`PreferredStockDividendsAndOtherAdjustments`	$1.27M	USD	3 Qtrs
Preferred Stock Dividends and Other Adjustments	`PreferredStockDividendsAndOtherAdjustments`	-	USD	3 Qtrs
Preferred Stock Dividends and Other Adjustments	`PreferredStockDividendsAndOtherAdjustments`	-	USD	1 Quarter
Preferred Stock Dividends and Other Adjustments	`PreferredStockDividendsAndOtherAdjustments`	$1.25M	USD	1 Quarter
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$35.13M	USD	3 Qtrs
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.97M	USD	1 Quarter
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.30M	USD	3 Qtrs
Net income applicable to common stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.75M	USD	1 Quarter
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`	$0.61	USD	3 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	3 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
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`	$0.49	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Basic weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.78M	shares	3 Qtrs
Basic weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.47M	shares	1 Quarter
Basic weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.74M	shares	1 Quarter
Basic weighted-average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.98M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.79M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.17M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.94M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.76M	shares	1 Quarter

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$36.40M	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.62M	USD	3 Qtrs
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.46M	USD	3 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.89M	USD	3 Qtrs
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$1.40M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.73M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$10.79M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$56.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$118.00K	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 commercial mortgage loans held-for-sale	`GainLossOnSaleOfLoansAndLeases`	$474.00K	USD	3 Qtrs
Change in unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$583.00K	USD	3 Qtrs
Change in unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$1.16M	USD	3 Qtrs
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$3.50M	USD	3 Qtrs
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-222.00K	USD	3 Qtrs
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-715.00K	USD	Annual
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$-641.00K	USD	1 Quarter
Loan loss provision/(recovery)	`ProvisionForLoanAndLeaseLosses`	$1.07M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-291.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Origination of commercial mortgage loans, held-for-sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$444.50M	USD	3 Qtrs
Origination of commercial mortgage loans, held-for-sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$60.95M	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held-for-sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$377.26M	USD	3 Qtrs
Proceeds from sale of commercial mortgage loans, held-for-sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$88.35M	USD	3 Qtrs
Realized (gain)/loss from sale of real estate securities	`GainLossOnSalesOfMortgageBackedSecuritiesMBS`	$-107.00K	USD	3 Qtrs
Realized (gain)/loss from sale of real estate securities	`GainLossOnSalesOfMortgageBackedSecuritiesMBS`	-	USD	3 Qtrs
Realized (gain)/loss from sale of commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	$-1.59M	USD	3 Qtrs
Realized (gain)/loss from sale of commercial mortgage loans held-for-sale	`GainLossOnSalesOfLoansNet`	$9.72M	USD	3 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.05M	USD	3 Qtrs
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.24M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.55M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.72M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$2.17M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$3.08M	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$519.00K	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-3.11M	USD	3 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$940.00K	USD	3 Qtrs
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$405.00K	USD	3 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.13M	USD	3 Qtrs
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.80M	USD	3 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$1.28B	USD	3 Qtrs
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireLoansAndLeasesHeldForInvestment`	$565.09M	USD	3 Qtrs
Proceeds from commercial mortgage loans, held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$2.22M	USD	3 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$176.14M	USD	3 Qtrs
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$556.47M	USD	3 Qtrs
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	3 Qtrs
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecurities`	$39.51M	USD	3 Qtrs
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$12.46M	USD	3 Qtrs
Proceeds from sale of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$34.89M	USD	3 Qtrs
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	$15.00M	USD	3 Qtrs
Principal repayments received on real estate securities	`ProceedsFromSecuritizationsOfConsumerLoans`	-	USD	3 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$383.00K	USD	3 Qtrs
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$520.00K	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-747.87M	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-339.45M	USD	3 Qtrs
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$96.08M	USD	3 Qtrs
Proceeds from issuances of redeemable convertible preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$96.84M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$15.07M	USD	3 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$20.55M	USD	3 Qtrs
Payments of offering costs and fees related to common stock issuances	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	3 Qtrs
Payments of offering costs and fees related to common stock issuances	`PaymentOfFinancingAndStockIssuanceCosts`	$236.00K	USD	3 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	$488.00M	USD	3 Qtrs
Borrowings under collateralized loan obligations	`ProceedsFromRepaymentsOfSecuredDebt`	$339.50M	USD	3 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$331.66M	USD	3 Qtrs
Repayments of collateralized loan obligations	`RepaymentsOfSecuredDebt`	$97.47M	USD	3 Qtrs
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable`	$1.57B	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`	$1.07B	USD	3 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$343.15M	USD	3 Qtrs
Borrowings on repurchase agreements - real estate securities	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$146.69M	USD	3 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$163.45M	USD	3 Qtrs
Repayments of repurchase agreements - real estate securities	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$370.75M	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`	$5.27M	USD	3 Qtrs
Repayments on other financing - commercial mortgage loans	`RepaymentsOfOtherDebt`	$26.18M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$6.60M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$6.23M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$25.12M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$31.33M	USD	3 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$248.60M	USD	3 Qtrs
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$759.33M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-43.05M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.67M	USD	3 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`	$80.02M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.04M	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`	$80.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.04M	USD	Point-in-time
Interest paid	`InterestPaid`	$17.85M	USD	3 Qtrs
Interest paid	`InterestPaid`	$38.45M	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	$340.00K	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$10.48M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$16.35M	USD	3 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	$31.21M	USD	3 Qtrs
Loans transferred to commercial real estate loans, held-for-sale, transferred at fair value	`TransferOfPortfolioLoansAndLeasesToHeldForSale1`	-	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.47M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$7.75M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$10.57M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$8.00M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$610.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$702.35M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$96.84M	USD	3 Qtrs
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$15.09M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$10.60M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$118.00K	USD	3 Qtrs
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$236.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$36.40M	USD	3 Qtrs
Distributions declared	`Dividends`	$36.80M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$171.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$610.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$702.35M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$36.40M	USD	3 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$171.00K	USD	3 Qtrs
Unrealized gain/(loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-448.00K	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`	$194.00K	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`	$19.19M	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`	$36.57M	USD	3 Qtrs

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