10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001562528-20-000021 |
| Period End Date | 20200331 |
| Filing Date | 20200515 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | bsprt-20200331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
99 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$21.88M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$16.99M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$921.00K | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$21.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$79.70M | USD | Point-in-time |
| Real estate securities amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$509.75M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$88.96M | USD | Point-in-time |
| Real estate securities amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$387.29M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$87.25M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$21.88M | USD | Point-in-time |
| Preferred stock, par value per share (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | USD | Point-in-time |
| Preferred stock, par value per share (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$16.99M | USD | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $21,702 and $921 as of March 31, 2020 and December 31, 2019, respectively |
NotesReceivableNet
|
$2.64B | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $21,702 and $921 as of March 31, 2020 and December 31, 2019, respectively |
NotesReceivableNet
|
$2.76B | USD | 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 |
| Commercial mortgage loans, held-for-sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$112.56M | USD | Point-in-time |
| Commercial mortgage loans, held-for-sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$91.81M | USD | Point-in-time |
| Commercial mortgage loans, held-for-sale |
CommercialMortgagesHeldforsale
|
- | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Commercial mortgage loans, held-for-sale |
CommercialMortgagesHeldforsale
|
$9.62M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Real estate securities, available for sale, measured at fair value, amortized cost of $509,745 and $387,294 as of March 31, 2020 and December 31, 2019, respectively |
AvailableForSaleSecuritiesDebtSecurities
|
$441.16M | USD | Point-in-time |
| Common stock, par value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Real estate securities, available for sale, measured at fair value, amortized cost of $509,745 and $387,294 as of March 31, 2020 and December 31, 2019, respectively |
AvailableForSaleSecuritiesDebtSecurities
|
$386.32M | 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 |
| Derivative instruments, at fair value |
DerivativeAssets
|
$1.17M | USD | Point-in-time |
| Derivative instruments, at fair value |
DerivativeAssets
|
$1.12M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
950.00M | shares | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsatFairValue
|
$2.50M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
43.92M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
44.40M | shares | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsatFairValue
|
$2.56M | USD | Point-in-time |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$28.21M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
43.92M | shares | Point-in-time |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$89.32M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
44.40M | shares | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$15.88M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$16.31M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$5.32M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$10.85M | USD | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$14.16M | USD | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$14.38M | USD | Point-in-time |
| Operating right of use asset, net of amortization |
OperatingLeaseRightOfUseAsset
|
$5.90M | USD | Point-in-time |
| Operating right of use asset, net of amortization |
OperatingLeaseRightOfUseAsset
|
$5.98M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$49.31M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$35.33M | USD | Point-in-time |
| Receivable for unsettled trades |
ReceivablesForUnsettledTrades
|
$266.00K | USD | Point-in-time |
| Receivable for unsettled trades |
ReceivablesForUnsettledTrades
|
$11.15M | USD | Point-in-time |
| Total assets |
Assets
|
$3.54B | USD | Point-in-time |
| Total assets |
Assets
|
$3.54B | USD | Point-in-time |
| Total assets |
Assets
|
$3.50B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$1.80B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$1.74B | USD | Point-in-time |
| Par Value Issued |
NotesPayable
|
$40.17M | USD | Point-in-time |
| Par Value Issued |
NotesPayable
|
$29.17M | USD | Point-in-time |
| Other financing and loan participation - commercial mortgage loans |
OtherLongTermDebt
|
- | USD | Point-in-time |
| Other financing and loan participation - commercial mortgage loans |
OtherLongTermDebt
|
$15.19M | USD | Point-in-time |
| Derivative instruments, at fair value |
DerivativeLiabilities
|
$1.58M | USD | Point-in-time |
| Derivative instruments, at fair value |
DerivativeLiabilities
|
$5.53M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$4.96M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$2.89M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.91M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.10M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.96M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$10.93M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$10.01M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$14.04M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$4.79M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$6.18M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$6.14M | USD | Point-in-time |
| Deferred rent revenue |
ContractWithCustomerLiability
|
$150.00K | USD | Point-in-time |
| Deferred rent revenue |
ContractWithCustomerLiability
|
$61.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.57B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.51B | USD | Point-in-time |
| Commitment and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitment and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of March 31, 2020 and December 31, 2019 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding as of March 31, 2020 and December 31, 2019 |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 949,999,000 shares authorized, 44,396,346 and 43,916,815 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$445.00K | USD | Point-in-time |
| Common stock, $0.01 par value, 949,999,000 shares authorized, 44,396,346 and 43,916,815 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$441.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$910.90M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$903.31M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-978.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-68.58M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-85.97M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-121.50M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$733.23M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$721.26M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$816.80M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$751.07M | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.50B | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.54B | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
InterestAndDividendIncomeOperating
|
$47.85M | USD | 1 Quarter |
| Interest income |
InterestAndDividendIncomeOperating
|
$46.51M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpense
|
$20.37M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpense
|
$24.49M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$23.36M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$26.14M | USD | 1 Quarter |
| Revenues |
Revenues
|
$24.99M | USD | 1 Quarter |
| Revenues |
Revenues
|
$26.14M | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$248.00K | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$142.00K | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$3.96M | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$4.11M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$2.78M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$2.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$588.00K | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$1.59M | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$896.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$14.77M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$10.85M | USD | 1 Quarter |
| Loan loss increase/(decrease) |
ProvisionForLoanAndLeaseLosses
|
$14.60M | USD | 1 Quarter |
| Loan loss increase/(decrease) |
ProvisionForLoanAndLeaseLosses
|
$2.50M | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
AssetImpairmentCharges
|
$398.00K | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
DebtAndEquitySecuritiesGainLoss
|
$-438.00K | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
DebtAndEquitySecuritiesGainLoss
|
- | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loan held-for-sale |
GainLossOnSaleOfMortgageLoans
|
$-25.00K | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loan held-for-sale |
GainLossOnSaleOfMortgageLoans
|
- | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loan, held-for-sale, measured at fair value |
GainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$11.18M | USD | 1 Quarter |
| Realized (gain)/loss on sale of commercial mortgage loan, held-for-sale, measured at fair value |
GainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$9.40M | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans, held-for-sale, measured at fair value |
UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$-1.93M | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans, held-for-sale, measured at fair value |
UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$-336.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments, measured at fair value |
UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure
|
$-61.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments, measured at fair value |
UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure
|
- | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$-1.07M | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$-4.84M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$-6.67M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$-1.46M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$5.80M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-19.53M | USD | 1 Quarter |
| Income/(loss) before taxes |
IncomeLossAttributableToParent
|
$21.10M | USD | 1 Quarter |
| Income/(loss) before taxes |
IncomeLossAttributableToParent
|
$-9.31M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$-1.91M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$1.21M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$19.89M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-11.91M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$16.11M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.40 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$-0.27 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.40 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.27 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
39.80M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
44.26M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
39.81M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.27M | shares | 1 Quarter |
Cash Flow Statement
115 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$19.89M | USD | 1 Quarter |
| Premium amortization and (discount accretion), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.51M | USD | 1 Quarter |
| Premium amortization and (discount accretion), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.71M | USD | 1 Quarter |
| Accretion of deferred commitment fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$1.23M | USD | 1 Quarter |
| Accretion of deferred commitment fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$406.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$5.68M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.11M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$39.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$39.00K | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
$438.00K | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
- | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans held-for-sale |
GainLossOnSaleOfLoansAndLeases
|
$-1.93M | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans held-for-sale |
GainLossOnSaleOfLoansAndLeases
|
$-336.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$-1.07M | USD | 1 Quarter |
| Unrealized (gain)/loss on derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$-4.84M | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments |
ChangeinUnrealizedGainLossonOtherRealEstateOwned
|
- | USD | 1 Quarter |
| Unrealized (gain)/loss on other real estate investments |
ChangeinUnrealizedGainLossonOtherRealEstateOwned
|
$-61.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$588.00K | USD | 1 Quarter |
| Recognition of deferred rent revenue |
ContractWithCustomerLiabilityRevenueRecognized
|
- | USD | 1 Quarter |
| Recognition of deferred rent revenue |
ContractWithCustomerLiabilityRevenueRecognized
|
$89.00K | USD | 1 Quarter |
| Loan loss (recovery)/provision |
ProvisionForLoanLossesExpensed
|
$14.60M | USD | 1 Quarter |
| Loan loss (recovery)/provision |
ProvisionForLoanLossesExpensed
|
$2.50M | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
AssetImpairmentCharges
|
$398.00K | USD | 1 Quarter |
| Origination of commercial mortgage loans, held-for-sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$202.95M | USD | 1 Quarter |
| Origination of commercial mortgage loans, held-for-sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$119.35M | USD | 1 Quarter |
| Proceeds from sale of commercial mortgage loans, held-for-sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$177.14M | USD | 1 Quarter |
| Proceeds from sale of commercial mortgage loans, held-for-sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$138.16M | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-1.66M | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$437.00K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$6.30M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.84M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$772.00K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.07M | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$94.00K | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$9.25M | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$458.00K | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-2.07M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.75M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$37.43M | USD | 1 Quarter |
| Origination and purchase of commercial mortgage loans, held for investment |
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
$287.64M | USD | 1 Quarter |
| Origination and purchase of commercial mortgage loans, held for investment |
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
$310.90M | USD | 1 Quarter |
| Principal repayments received on commercial mortgage loans, held for investment |
ProceedsFromCollectionOfLoansReceivable
|
$235.63M | USD | 1 Quarter |
| Principal repayments received on commercial mortgage loans, held for investment |
ProceedsFromCollectionOfLoansReceivable
|
$426.74M | USD | 1 Quarter |
| Purchase of other real estate investments |
PaymentsToAcquireOtherRealEstate
|
$624.00K | USD | 1 Quarter |
| Purchase of other real estate investments |
PaymentsToAcquireOtherRealEstate
|
- | USD | 1 Quarter |
| Purchase of real estate securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$134.82M | USD | 1 Quarter |
| Purchase of real estate securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$40.20M | USD | 1 Quarter |
| Principal repayments received on real estate securities |
ProceedsFromSecuritizationsOfConsumerLoans
|
$57.00K | USD | 1 Quarter |
| Principal repayments received on real estate securities |
ProceedsFromSecuritizationsOfConsumerLoans
|
$643.00K | USD | 1 Quarter |
| Purchase of derivative instruments |
PaymentsForDerivativeInstrumentInvestingActivities
|
$689.00K | USD | 1 Quarter |
| Purchase of derivative instruments |
PaymentsForDerivativeInstrumentInvestingActivities
|
$522.00K | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-115.94M | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.61M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$19.41M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$10.73M | USD | 1 Quarter |
| Proceeds from issuances of redeemable convertible preferred stock |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
$70.00K | USD | 1 Quarter |
| Proceeds from issuances of redeemable convertible preferred stock |
ProceedsFromIssuanceOfConvertiblePreferredStock
|
$14.98M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$7.21M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$6.72M | USD | 1 Quarter |
| Repayments of collateralized loan obligation |
RepaymentsOfSecuredDebt
|
$200.43M | USD | 1 Quarter |
| Repayments of collateralized loan obligation |
RepaymentsOfSecuredDebt
|
$68.89M | USD | 1 Quarter |
| Borrowings on repurchase agreements - commercial mortgage loans |
ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
|
$65.41M | USD | 1 Quarter |
| Borrowings on repurchase agreements - commercial mortgage loans |
ProceedsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
|
$490.19M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
|
$83.43M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsfromSecuritiesPurchasedunderAgreementstoResellLoansReceivable
|
$268.74M | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsfromRealEstateSecurityRepurchaseAgreements
|
$167.59M | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsfromRealEstateSecurityRepurchaseAgreements
|
$340.12M | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsforRealEstateSecurityRepurchaseAgreements
|
$237.60M | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsforRealEstateSecurityRepurchaseAgreements
|
$190.05M | USD | 1 Quarter |
| Borrowing on other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
$15.19M | USD | 1 Quarter |
| Borrowing on other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
- | USD | 1 Quarter |
| Borrowings on Mortgage Note Payable |
ProceedsFromNotesPayable
|
- | USD | 1 Quarter |
| Borrowings on Mortgage Note Payable |
ProceedsFromNotesPayable
|
$11.00M | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$75.00K | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$16.78M | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$13.79M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
$29.03M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
$11.95M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-107.73M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$70.07M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$96.69M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.12M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$204.42M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$179.19M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$96.69M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.12M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$204.42M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$179.19M | USD | Point-in-time |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$20.88M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$18.80M | USD | 1 Quarter |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.91M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.10M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.96M | USD | Point-in-time |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$3.55M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$3.39M | USD | 1 Quarter |
| Commercial mortgage loans transferred from held for investment to held for sale |
TransferToInvestments
|
$9.62M | USD | 1 Quarter |
| Commercial mortgage loans transferred from held for investment to held for sale |
TransferToInvestments
|
- | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
- | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
$14.00M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$79.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$88.96M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$87.25M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$21.88M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$16.99M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$96.69M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.12M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$204.42M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$179.19M | USD | Point-in-time |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$733.23M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$721.26M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$816.80M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$751.07M | USD | Point-in-time |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$19.41M | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$10.86M | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
$7.21M | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
$6.71M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$3.55M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$3.39M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$39.00K | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$39.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
$-136.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
$-382.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$19.89M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$17.45M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$20.37M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$-67.61M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$145.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$733.23M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$721.26M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$816.80M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$751.07M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$19.89M | USD | 1 Quarter |
| Unrealized gain/(loss) on available-for-sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-67.61M | USD | 1 Quarter |
| Unrealized gain/(loss) on available-for-sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$145.00K | USD | 1 Quarter |
| Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$-75.01M | USD | 1 Quarter |
| Comprehensive income attributable to Benefit Street Partners Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$20.04M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.