10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001562528-21-000012 |
| Period End Date | 20210331 |
| Filing Date | 20210511 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | bsprt-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
88 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$99.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$82.07M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$88.96M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.81M | USD | Point-in-time |
| Allowance for loan losses |
AllowanceForNotesAndLoansReceivableCurrent
|
$20.89M | USD | Point-in-time |
| Allowance for loan losses |
AllowanceForNotesAndLoansReceivableCurrent
|
$18.60B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.07M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | USD | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $18,600 and $20,886 as of March 31, 2021 and December 31, 2020, respectively |
NotesReceivableNet
|
$3.01B | USD | Point-in-time |
| Commercial mortgage loans, held for investment, net of allowance of $18,600 and $20,886 as of March 31, 2021 and December 31, 2020, respectively |
NotesReceivableNet
|
$2.69B | USD | Point-in-time |
| Commercial mortgage loans, held for sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$67.65M | USD | Point-in-time |
| Commercial mortgage loans, held for sale, measured at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$93.12M | 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 |
| Real estate securities, available for sale, measured at fair value, amortized cost of $19,079 and $179,392 as of March 31, 2021 and December 31, 2020, respectively |
AvailableForSaleSecuritiesDebtSecurities
|
$171.14M | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Real estate securities, available for sale, measured at fair value, amortized cost of $19,079 and $179,392 as of March 31, 2021 and December 31, 2020, respectively |
AvailableForSaleSecuritiesDebtSecurities
|
$18.86M | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeAssets
|
$1.86M | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeAssets
|
$25.00K | USD | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsAtFairValue
|
$2.52M | USD | Point-in-time |
| Other real estate investments, measured at fair value |
OtherRealEstateInvestmentsAtFairValue
|
$2.53M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$98.55M | USD | 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 |
| Receivable for loan repayment |
LoansPledgedAsCollateral
|
$215.99M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$16.48M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
950.00M | shares | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$15.29M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
950.00M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$5.68M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
44.51M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
44.14M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$8.54M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
44.51M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
44.14M | shares | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$13.34M | USD | Point-in-time |
| Intangible lease asset, net of amortization |
FinanceLeaseRightOfUseAsset
|
$13.55M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.81M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.07M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$26.51M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | USD | Point-in-time |
| Real estate owned, net of depreciation |
RealEstateAcquiredThroughForeclosure
|
$26.31M | USD | Point-in-time |
| Real estate owned, held for sale |
RealEstateHeldforsale
|
$37.52M | USD | Point-in-time |
| Real estate owned, held for sale |
RealEstateHeldforsale
|
- | USD | Point-in-time |
| Total assets |
Assets
|
$3.55B | USD | Point-in-time |
| Total assets |
Assets
|
$3.19B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$1.63B | USD | Point-in-time |
| Collateralized loan obligations |
SecuredDebt
|
$2.08B | USD | Point-in-time |
| Mortgage note payable |
NotesPayable
|
$29.17M | USD | Point-in-time |
| Mortgage note payable |
NotesPayable
|
$29.17M | USD | Point-in-time |
| Unsecured debt |
UnsecuredDebt
|
- | USD | Point-in-time |
| Unsecured debt |
UnsecuredDebt
|
$100.00M | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeLiabilities
|
$403.00K | USD | Point-in-time |
| Derivative instruments, measured at fair value |
DerivativeLiabilities
|
$1.10M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$2.11M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrentAndNoncurrent
|
$1.45M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$15.69M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$14.59M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.96M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$5.12M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$6.36M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$10.48M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$9.53M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.51B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.18B | 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 and none issued or outstanding as of March 31, 2021 and December 31, 2020, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value, 50,000,000 authorized and none issued or outstanding as of March 31, 2021 and December 31, 2020, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 949,999,000 shares authorized, 44,135,659 and 44,510,051 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively |
CommonStockValue
|
$443.00K | USD | Point-in-time |
| Common stock, $0.01 par value, 949,999,000 shares authorized, 44,135,659 and 44,510,051 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively |
CommonStockValue
|
$446.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$906.20M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$912.73M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-214.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.26M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-91.97M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-106.47M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$814.46M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$798.44M | 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 liabilities, redeemable convertible preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.55B | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.19B | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
InterestAndDividendIncomeOperating
|
$47.85M | USD | 1 Quarter |
| Interest income |
InterestAndDividendIncomeOperating
|
$42.24M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpenseDeposits
|
$11.37M | USD | 1 Quarter |
| Less: Interest expense |
InterestExpenseDeposits
|
$24.49M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$30.87M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$23.36M | USD | 1 Quarter |
| Revenues |
Revenues
|
$24.99M | USD | 1 Quarter |
| Revenues |
Revenues
|
$31.58M | USD | 1 Quarter |
| Asset Management And Subordinated Performance Fees |
AssetManagementAndSubordinatedPerformanceFees
|
$5.42M | USD | 1 Quarter |
| Asset Management And Subordinated Performance Fees |
AssetManagementAndSubordinatedPerformanceFees
|
$3.91M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$11.94M | USD | 1 Quarter |
| Operating expenses |
OperatingExpenses
|
$14.77M | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$153.00K | USD | 1 Quarter |
| Acquisition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$142.00K | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$3.47M | USD | 1 Quarter |
| Administrative services expenses |
GeneralAndAdministrativeExpense
|
$4.11M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$2.00M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$2.78M | USD | 1 Quarter |
| Operating Expense, Real Estate Owned |
OperatingExpenseRealEstateOwned
|
$1.65M | USD | 1 Quarter |
| Operating Expense, Real Estate Owned |
OperatingExpenseRealEstateOwned
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$406.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$588.00K | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$1.59M | USD | 1 Quarter |
| Other expenses |
OtherGeneralExpense
|
$495.00K | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-2.33M | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$14.60M | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
ImpairmentofOtherRealEstateOwned
|
- | USD | 1 Quarter |
| Impairment losses on real estate owned assets |
ImpairmentofOtherRealEstateOwned
|
$398.00K | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
DebtAndEquitySecuritiesGainLoss
|
$-1.06M | USD | 1 Quarter |
| Realized (gain)/loss on sale of real estate securities |
DebtAndEquitySecuritiesGainLoss
|
$-438.00K | 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 |
| Realized (gain)/loss on sale of commercial mortgage loan, held for sale, measured at fair value |
GainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$6.63M | USD | 1 Quarter |
| Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value |
UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure
|
$479.00K | 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 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
|
$6.00K | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$-4.84M | USD | 1 Quarter |
| Unrealized (gain)/loss on derivatives |
UnrealizedGainLossOnDerivatives
|
$2.11M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$1.98M | USD | 1 Quarter |
| Realized (gain)/loss on derivatives |
GainLossOnDerivativeInstrumentsNetPretax
|
$-6.67M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-19.53M | USD | 1 Quarter |
| Total other (income)/loss |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$12.47M | USD | 1 Quarter |
| Income/(loss) before taxes |
IncomeLossAttributableToParent
|
$32.12M | USD | 1 Quarter |
| Income/(loss) before taxes |
IncomeLossAttributableToParent
|
$-9.31M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$1.97M | USD | 1 Quarter |
| Provision/(benefit) for income tax |
IncomeTaxExpenseBenefit
|
$-1.91M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$23.41M | USD | 1 Quarter |
| Net income/(loss) applicable to common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-11.91M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.53 | 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
|
$0.53 | 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
|
44.26M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
44.29M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.27M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
44.31M | shares | 1 Quarter |
Cash Flow Statement
121 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Premium amortization and (discount accretion), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.17M | 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
|
$1.49M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$5.68M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.33M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$39.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$55.00K | USD | 1 Quarter |
| Realized (gain)/loss from sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
$438.00K | USD | 1 Quarter |
| Realized (gain)/loss from sale of real estate securities |
LossOnSaleOfSecuritiesNet
|
$1.06M | USD | 1 Quarter |
| Unrealized (gain)/loss from commercial mortgage loans held for sale |
GainLossOnSaleOfLoansAndLeases
|
$479.00K | USD | 1 Quarter |
| Unrealized (gain)/loss from commercial mortgage loans held for sale |
GainLossOnSaleOfLoansAndLeases
|
$-1.93M | USD | 1 Quarter |
| Unrealized (gain)/loss from derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$-4.84M | USD | 1 Quarter |
| Unrealized (gain)/loss from derivative instruments |
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
$2.11M | USD | 1 Quarter |
| Unrealized losses from other real estate investments |
ChangeinUnrealizedGainLossOnOtherRealEstateOwned
|
$-61.00K | USD | 1 Quarter |
| Unrealized losses from other real estate investments |
ChangeinUnrealizedGainLossOnOtherRealEstateOwned
|
$6.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$406.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$588.00K | USD | 1 Quarter |
| Recognition of deferred rent revenue |
ContractWithCustomerLiabilityRevenueRecognized
|
$89.00K | USD | 1 Quarter |
| Recognition of deferred rent revenue |
ContractWithCustomerLiabilityRevenueRecognized
|
- | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$-2.33M | USD | 1 Quarter |
| Provision/(benefit) for credit losses |
ProvisionForLoanLossesExpensed
|
$14.60M | 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
|
$166.36M | 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
|
$138.16M | USD | 1 Quarter |
| Proceeds from sale of commercial mortgage loans, held for sale |
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
$141.37M | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-308.00K | USD | 1 Quarter |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-1.66M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$6.30M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.85M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.07M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.57M | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$952.00K | USD | 1 Quarter |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$9.25M | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-664.00K | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-2.07M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.45M | 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
|
$520.85M | USD | 1 Quarter |
| Principal repayments received on commercial mortgage loans, held for investment |
ProceedsFromCollectionOfLoansReceivable
|
$52.80M | 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
|
- | USD | 1 Quarter |
| Purchase of other real estate investments |
PaymentsToAcquireOtherRealEstate
|
$624.00K | USD | 1 Quarter |
| Purchase of real estate securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Purchase of real estate securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$134.82M | USD | 1 Quarter |
| Principal repayments received on real estate securities |
ProceedsFromSecuritizationsOfConsumerLoans
|
- | USD | 1 Quarter |
| Principal repayments received on real estate securities |
ProceedsFromSecuritizationsOfConsumerLoans
|
$643.00K | USD | 1 Quarter |
| Proceeds from sale/repayment of real estate securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$159.25M | USD | 1 Quarter |
| Proceeds from sale/repayment of real estate securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Purchase of derivative instruments |
PaymentsForDerivativeInstrumentInvestingActivities
|
$-973.00K | USD | 1 Quarter |
| Purchase of derivative instruments |
PaymentsForDerivativeInstrumentInvestingActivities
|
$689.00K | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.61M | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-307.82M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$10.73M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
- | 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
|
$15.00M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$9.15M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$6.72M | USD | 1 Quarter |
| Borrowings under collateralized loan obligation |
ProceedsFromIssuanceOfSecuredDebt
|
- | USD | 1 Quarter |
| Borrowings under collateralized loan obligation |
ProceedsFromIssuanceOfSecuredDebt
|
$573.12M | USD | 1 Quarter |
| Repayments of collateralized loan obligation |
RepaymentsOfSecuredDebt
|
$119.42M | 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
|
$168.66M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$292.07M | USD | 1 Quarter |
| Repayments of repurchase agreements - commercial mortgage loans |
PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable
|
$83.43M | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsFromRealEstateSecurityRepurchaseAgreements
|
$340.12M | USD | 1 Quarter |
| Borrowings on repurchase agreements - real estate securities |
ProceedsFromRealEstateSecurityRepurchaseAgreements
|
$168.55M | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsForRealEstateSecurityRepurchaseAgreements
|
$237.60M | USD | 1 Quarter |
| Repayments of repurchase agreements - real estate securities |
PaymentsForRealEstateSecurityRepurchaseAgreements
|
$267.11M | USD | 1 Quarter |
| Proceeds from other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
$15.19M | USD | 1 Quarter |
| Proceeds from other financing and loan participation - commercial mortgage loans |
ProceedsFromOtherDebt
|
$2.64M | USD | 1 Quarter |
| Proceeds from unsecured debt |
ProceedsFromIssuanceOfUnsecuredDebt
|
$100.00M | USD | 1 Quarter |
| Proceeds from unsecured debt |
ProceedsFromIssuanceOfUnsecuredDebt
|
- | USD | 1 Quarter |
| Borrowing on mortgage note payable |
ProceedsFromNotesPayable
|
$11.00M | USD | 1 Quarter |
| Borrowing on mortgage note payable |
ProceedsFromNotesPayable
|
- | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$75.00K | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$3.94M | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$14.14M | USD | 1 Quarter |
| Distributions paid |
PaymentsOfDividends
|
$16.78M | 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
|
$322.14M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$70.07M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$18.77M | USD | 1 Quarter |
| 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
|
$179.19M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | 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
|
$179.19M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | USD | Point-in-time |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$10.70M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$20.88M | USD | 1 Quarter |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$15.69M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$14.59M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$6.96M | USD | Point-in-time |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$2.58M | USD | 1 Quarter |
| Common stock issued through distribution reinvestment plan |
CommonStockIssuedDividendReinvestmentInvestmentPlan
|
$3.55M | USD | 1 Quarter |
| Commercial mortgage loans transferred from held for sale to held for investment |
TransferToInvestments
|
- | USD | 1 Quarter |
| Commercial mortgage loans transferred from held for sale to held for investment |
TransferToInvestments
|
$9.62M | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
$14.00M | USD | 1 Quarter |
| Real estate owned received in foreclosure |
TransferToOtherRealEstate
|
$37.52M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$99.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$82.07M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$88.96M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.81M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.07M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$90.23M | 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
|
$179.19M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$110.91M | USD | Point-in-time |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$814.46M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$798.44M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$721.26M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$816.80M | USD | Point-in-time |
| Issuance of common stock (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
650,034.00 | shares | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$10.86M | USD | 1 Quarter |
| Common stock repurchases |
StockRepurchasedDuringPeriodValue
|
$9.15M | 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
|
$2.58M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$39.00K | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$55.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
$-136.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
$-21.00K | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$15.64M | USD | 1 Quarter |
| Distributions declared |
Dividends
|
$20.37M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$8.04M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$-67.61M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$814.46M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$798.44M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$721.26M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$816.80M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$-7.40M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$30.15M | USD | 1 Quarter |
| Unrealized gain/(loss) on available for sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$8.04M | USD | 1 Quarter |
| Unrealized gain/(loss) on available for sale securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-67.61M | USD | 1 Quarter |
| Comprehensive income/(loss) attributable to Benefit Street Partners Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$38.19M | USD | 1 Quarter |
| Comprehensive income/(loss) attributable to Benefit Street Partners Realty Trust, Inc. |
ComprehensiveIncomeNetOfTax
|
$-75.01M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.