10-K Filing

FRANKLIN BSP REALTY TRUST, INC. CIK: 1562528 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001562528-22-000007`
Period End Date	20211231
Filing Date	20220225
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	bsprt-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 105 Cash Flow Statement 234 Stockholders Equity 36 Comprehensive Income 18

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$20.89M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$15.83M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$21.88M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.07M	USD	Point-in-time
Amortized cost basis	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$179.39M	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $15,827 and $20,886 as of December 31, 2021 and December 31, 2020, respectively	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$2.69B	USD	Point-in-time
Amortized cost basis	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	-	USD	Point-in-time
Commercial mortgage loans, held for investment, net of allowance of $15,827 and $20,886 as of December 31, 2021 and December 31, 2020, respectively	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$4.21B	USD	Point-in-time
Preferred stock, par value per share (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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`	$34.72M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Real estate securities, trading, measured at fair value	`TradingSecuritiesDebt`	-	USD	Point-in-time
Real estate securities, trading, measured at fair value	`TradingSecuritiesDebt`	$4.57B	USD	Point-in-time
Real estate securities, available for sale, measured at fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	-	USD	Point-in-time
Real estate securities, available for sale, measured at fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$171.14M	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeAssets`	$25.00K	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeAssets`	$436.00K	USD	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`	$2.07M	USD	Point-in-time
Receivable for loan repayment	`LoansPledgedAsCollateral`	$252.35M	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`	$98.55M	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$15.29M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Accrued interest receivable	`InterestReceivable`	$30.11M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$8.54M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.51M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$13.60M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	43.97M	shares	Point-in-time
Intangible lease asset, net of amortization	`FinanceLeaseRightOfUseAsset`	$48.47M	USD	Point-in-time
Intangible lease asset, net of amortization	`FinanceLeaseRightOfUseAsset`	$13.55M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	4.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.51M	shares	Point-in-time
Real estate owned, net of depreciation	`RealEstateAcquiredThroughForeclosure`	$90.05M	USD	Point-in-time
Real estate owned, net of depreciation	`RealEstateAcquiredThroughForeclosure`	$26.51M	USD	Point-in-time
Cash collateral receivable from derivative counterparties	`CashCollateralReceivableFromDerivativeCounterparties`	$56.77M	USD	Point-in-time
RMBS principal paydowns receivable	`ResidentialMortgageBackedSecuritiesPrincipalPaydownsReceivable`	$65.30M	USD	Point-in-time
Cash collateral receivable from derivative counterparties	`CashCollateralReceivableFromDerivativeCounterparties`	-	USD	Point-in-time
Total assets	`Assets`	$3.54B	USD	Point-in-time
Total assets	`Assets`	$3.19B	USD	Point-in-time
Total assets	`Assets`	$9.47B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$1.63B	USD	Point-in-time
Collateralized loan obligations	`SecuredDebt`	$2.16B	USD	Point-in-time
Mortgage note payable	`NotesPayable`	$24.00M	USD	Point-in-time
Mortgage note payable	`NotesPayable`	$29.17M	USD	Point-in-time
Unsecured debt	`UnsecuredDebt`	$148.59M	USD	Point-in-time
Unsecured debt	`UnsecuredDebt`	-	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeLiabilities`	$403.00K	USD	Point-in-time
Derivative instruments, measured at fair value	`DerivativeLiabilities`	$32.30M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.11M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$2.69M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$30.35M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$15.69M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$6.91M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$12.71M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.12M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$17.54M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$9.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.67B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.18B	USD	Point-in-time
Common stock, $0.01 par value, 900,000,000 shares authorized, 43,965,928 and 44,510,051 issued and outstanding as of December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$441.00K	USD	Point-in-time
Common stock, $0.01 par value, 900,000,000 shares authorized, 43,965,928 and 44,510,051 issued and outstanding as of December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$446.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$903.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$912.73M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-167.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-106.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$798.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.71B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.76M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$733.23M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$816.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and equity	`LiabilitiesAndStockholdersEquity`	$3.19B	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and equity	`LiabilitiesAndStockholdersEquity`	$9.47B	USD	Point-in-time

Income Statement 105 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestAndDividendIncomeOperating`	$195.30M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$216.89M	USD	Annual
Interest income	`InterestAndDividendIncomeOperating`	$179.87M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$60.84M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$90.42M	USD	Annual
Less: Interest expense	`InterestExpenseDeposits`	$66.56M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$156.06M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$104.88M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$113.32M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.17M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.76M	USD	Annual
Revenue from real estate owned	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.30M	USD	Annual
Revenues	`Revenues`	$108.05M	USD	Annual
Revenues	`Revenues`	$117.61M	USD	Annual
Revenues	`Revenues`	$160.81M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$28.11M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$15.18M	USD	Annual
Asset management and subordinated performance fee	`AssetManagementAndSubordinatedPerformanceFees`	$16.23M	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$900.00K	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$696.00K	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.20M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$16.36M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$7.66M	USD	Annual
Administrative services expenses	`GeneralAndAdministrativeExpense`	$13.12M	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	-	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	$88.28M	USD	Annual
Impairment of acquired assets	`AssetAcquisitionImpairment`	-	USD	Annual
Professional fees	`ProfessionalFees`	$11.63M	USD	Annual
Professional fees	`ProfessionalFees`	$11.65M	USD	Annual
Professional fees	`ProfessionalFees`	$10.96M	USD	Annual
Real estate owned operating expenses	`OperatingExpenseRealEstateOwned`	$3.65M	USD	Annual
Real estate owned operating expenses	`OperatingExpenseRealEstateOwned`	-	USD	Annual
Real estate owned operating expenses	`OperatingExpenseRealEstateOwned`	$2.80M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.11M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$507.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.23M	USD	Annual
Other expenses	`OtherGeneralExpense`	$3.77M	USD	Annual
Other expenses	`OtherGeneralExpense`	$3.31M	USD	Annual
Other expenses	`OtherGeneralExpense`	$3.95M	USD	Annual
Total expenses	`OperatingExpenses`	$49.16M	USD	Annual
Total expenses	`OperatingExpenses`	$52.20M	USD	Annual
Total expenses	`OperatingExpenses`	$142.96M	USD	Annual
Provision/(benefit) for credit losses	`ProvisionForLoanLossesExpensed`	$-5.19M	USD	Annual
Provision/(benefit) for credit losses	`ProvisionForLoanLossesExpensed`	$13.30M	USD	Annual
Provision/(benefit) for credit losses	`ProvisionForLoanLossesExpensed`	$3.01M	USD	Annual
Impairment losses on real estate owned assets	`ImpairmentOfOtherRealEstateOwned`	-	USD	Annual
Impairment losses on real estate owned assets	`ImpairmentOfOtherRealEstateOwned`	-	USD	Annual
Impairment losses on real estate owned assets	`ImpairmentOfOtherRealEstateOwned`	$398.00K	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.68M	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Realized (gain)/loss on sale of real estate securities	`DebtAndEquitySecuritiesGainLoss`	-	USD	Annual
Realized (gain)/loss on sale of real estate securities	`DebtAndEquitySecuritiesGainLoss`	$-10.14M	USD	Annual
Realized (gain)/loss on sale of real estate securities	`DebtAndEquitySecuritiesGainLoss`	$-1.38M	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	$26.00K	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	$184.00K	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale	`GainLossOnSaleOfMortgageLoans`	$-25.00K	USD	Annual
Realized (gain)/loss on sale of real estate owned assets, held for sale	`GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale`	-	USD	Annual
Realized (gain)/loss on sale of real estate owned assets, held for sale	`GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale`	$9.81M	USD	Annual
Realized (gain)/loss on sale of real estate owned assets, held for sale	`GainLossOnSaleOfRealEstateOwnedAssetsHeldForSale`	$1.85M	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$24.21M	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$37.83M	USD	Annual
Realized (gain)/loss on sale of commercial mortgage loans, held for sale, measured at fair value	`GainLossOnSaleOfMortgageLoansFairValueDisclosure`	$15.93M	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$469.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$312.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans, held for sale, measured at fair value	`UnrealizedGainLossOnSaleOfMortgageLoansFairValueDisclosure`	$-75.00K	USD	Annual
Unrealized (gain)/loss on other real estate investments, measured at fair value	`UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure`	$-19.00K	USD	Annual
Unrealized (gain)/loss on other real estate investments, measured at fair value	`UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure`	$47.00K	USD	Annual
Unrealized (gain)/loss on other real estate investments, measured at fair value	`UnrealizedGainLossOnOtherRealEstateOwnedFairValueDisclosure`	$-32.00K	USD	Annual
Trading (gain)/loss	`TradingGainsLosses`	-	USD	Annual
Trading (gain)/loss	`TradingGainsLosses`	$-34.75M	USD	Annual
Trading (gain)/loss	`TradingGainsLosses`	-	USD	Annual
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$1.72M	USD	Annual
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$7.40M	USD	Annual
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$-995.00K	USD	Annual
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-4.32M	USD	Annual
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-12.49M	USD	Annual
Realized (gain)/loss on derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$484.00K	USD	Annual
Total other (income)/loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.56M	USD	Annual
Total other (income)/loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.78M	USD	Annual
Total other (income)/loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.44M	USD	Annual
Income before taxes	`IncomeLossAttributableToParent`	$88.41M	USD	Annual
Income before taxes	`IncomeLossAttributableToParent`	$29.30M	USD	Annual
Income before taxes	`IncomeLossAttributableToParent`	$52.68M	USD	Annual
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$4.48M	USD	Annual
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$3.60M	USD	Annual
Provision/(benefit) for income tax	`IncomeTaxExpenseBenefit`	$-2.06M	USD	Annual
Net income	`NetIncomeLoss`	$83.92M	USD	Annual
Net income	`NetIncomeLoss`	$25.70M	USD	Annual
Net income	`NetIncomeLoss`	$54.75M	USD	Annual
Net Income (Loss) Available to Common Stockholders, Basic, Total	`NetIncomeLossAvailableToCommonStockholdersBasic`	$66.91M	USD	Annual
Net Income (Loss) Available to Common Stockholders, Basic, Total	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.83M	USD	Annual
Net Income (Loss) Available to Common Stockholders, Basic, Total	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.88M	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	Annual
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.60	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.60	USD	Annual
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.42M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.38M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.86M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.40M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.87M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.43M	shares	Annual

Cash Flow Statement 234 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.92M	USD	Annual
Net income	`NetIncomeLoss`	$25.70M	USD	Annual
Net income	`NetIncomeLoss`	$54.75M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$6.14M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$7.04M	USD	Annual
Premium amortization and (discount accretion), net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$6.00M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$2.75M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$6.41M	USD	Annual
Accretion of deferred commitment fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$10.14M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$9.59M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$9.58M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$9.20M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$156.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$193.00K	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$211.00K	USD	Annual
Realized (gain)/loss from sale of real estate securities	`LossOnSaleOfSecuritiesNet`	-	USD	Annual
Realized (gain)/loss from sale of real estate securities	`LossOnSaleOfSecuritiesNet`	$10.14M	USD	Annual
Realized (gain)/loss from sale of real estate securities	`LossOnSaleOfSecuritiesNet`	$1.38M	USD	Annual
Realized (gain)/loss from sale of real estate owned, held for sale	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.85M	USD	Annual
Realized (gain)/loss from sale of real estate owned, held for sale	`GainsLossesOnSalesOfInvestmentRealEstate`	$9.81M	USD	Annual
Realized (gain)/loss from sale of real estate owned, held for sale	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.68M	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Realized (gain)/loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	$616.00K	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	-	USD	Annual
Realized (gain)/loss on swap terminations	`DerivativeInstrumentGainLossOnTermination`	-	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale	`GainLossOnSaleOfNotesReceivable`	$469.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale	`GainLossOnSaleOfNotesReceivable`	$-75.00K	USD	Annual
Unrealized (gain)/loss on commercial mortgage loans held for sale	`GainLossOnSaleOfNotesReceivable`	$359.00K	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$-995.00K	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$7.40M	USD	Annual
Unrealized (gain)/losses on derivative instruments	`ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1`	$1.72M	USD	Annual
Unrealized loss on other real estate securities	`ChangeInUnrealizedGainLossOnOtherRealEstateOwned`	$-32.00K	USD	Annual
Unrealized loss on other real estate securities	`ChangeInUnrealizedGainLossOnOtherRealEstateOwned`	-	USD	Annual
Unrealized loss on other real estate securities	`ChangeInUnrealizedGainLossOnOtherRealEstateOwned`	$-19.00K	USD	Annual
Realized and unrealized gain/loss on real estate securities, trading	`DebtSecuritiesTradingGainLoss`	$-34.75M	USD	Annual
Realized and unrealized gain/loss on real estate securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	Annual
Realized and unrealized gain/loss on real estate securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.23M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.11M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	Annual
Recognition of deferred rent revenue	`ContractWithCustomerLiabilityRevenueRecognized`	-	USD	Annual
Recognition of deferred rent revenue	`ContractWithCustomerLiabilityRevenueRecognized`	-	USD	Annual
Recognition of deferred rent revenue	`ContractWithCustomerLiabilityRevenueRecognized`	$150.00K	USD	Annual
Increase/(decrease) for credit losses	`ProvisionForLoanLossesExpensed`	$-5.19M	USD	Annual
Increase/(decrease) for credit losses	`ProvisionForLoanLossesExpensed`	$13.30M	USD	Annual
Increase/(decrease) for credit losses	`ProvisionForLoanLossesExpensed`	$3.01M	USD	Annual
Impairment losses on real estate owned assets	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	Annual
Impairment losses on real estate owned assets	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	$398.00K	USD	Annual
Impairment losses on real estate owned assets	`OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale`	-	USD	Annual
Origination of commercial mortgage loans, held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$267.55M	USD	Annual
Origination of commercial mortgage loans, held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$1.02B	USD	Annual
Origination of commercial mortgage loans, held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$420.67M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$454.07M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$312.21M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromCollectionOfMortgageLoansHeldForSale`	$975.24M	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	-	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	$-22.17M	USD	Annual
Severance and deferred compensation	`IncreaseDecreaseInDeferredCompensationAndSeverance`	-	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-7.42M	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$765.00K	USD	Annual
Accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$4.67M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.08M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-94.86M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.02M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$6.43M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$-5.84M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInInterestPayableNet`	$3.64M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$1.56M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$4.74M	USD	Annual
Due to affiliates	`IncreaseDecreaseInDueToAffiliates`	$8.01M	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$715.00K	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.16M	USD	Annual
Interest payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.93M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.33M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.37M	USD	Annual
Net cash (used in)/provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$146.50M	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	-	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	$174.08M	USD	Annual
Cash acquired through merger	`ProceedsFromAssetAcquisitionNet`	-	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$1.28B	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$2.88B	USD	Annual
Origination and purchase of commercial mortgage loans, held for investment	`PaymentsToAcquireFinanceReceivables`	$1.32B	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$1.23B	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$756.14M	USD	Annual
Principal repayments received on commercial mortgage loans, held for investment	`ProceedsFromCollectionOfLoansReceivable`	$1.23B	USD	Annual
Repayment of other real estate investments	`ProceedsFromSaleOfOtherRealEstate`	$426.00K	USD	Annual
Purchase of other real estate investments	`PaymentsToAcquireOtherRealEstate`	-	USD	Annual
Purchase of other real estate investments	`PaymentsToAcquireOtherRealEstate`	$2.51M	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$134.05M	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$2.82M	USD	Annual
Purchase of real estate owned and capital expenditures	`PaymentsToAcquireRealEstateOwned`	$42.02M	USD	Annual
Proceeds from sale of real estate owned, held for sale	`ProceedsFromSaleOfRealEstateOwnedHeldForSale`	$29.91M	USD	Annual
Proceeds from sale of real estate owned, held for sale	`ProceedsFromSaleOfRealEstateOwnedHeldForSale`	$22.47M	USD	Annual
Proceeds from sale of real estate owned, held for sale	`ProceedsFromSaleOfRealEstateOwnedHeldForSale`	-	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	$52.62M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	$77.16M	USD	Annual
Proceeds from sale of commercial mortgage loans, held for sale	`ProceedsFromSaleOfCommercialMortgageLoansHeldForSale`	-	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$148.58M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$369.91M	USD	Annual
Purchase of real estate securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	-	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	-	USD	Annual
Principal repayments received on real estate securities	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	-	USD	Annual
Proceeds from sale/repayment of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$9.37M	USD	Annual
Proceeds from sale/repayment of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$346.20M	USD	Annual
Proceeds from sale/repayment of real estate securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.06B	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	$541.31M	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	-	USD	Annual
Principal collateral on mortgage investments	`ProceedsFromPrincipalCollateralOnMortgageInvestments`	-	USD	Annual
Proceeds from derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	$1.24M	USD	Annual
Proceeds from derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	$1.33M	USD	Annual
Purchase of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$813.00K	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-969.24M	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$240.69M	USD	Annual
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.07B	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Cash consideration paid in merger	`PaymentsOfMergerRelatedCostsFinancingActivities`	$20.48M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$75.55M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$10.67M	USD	Annual
Proceeds from issuances of convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$15.00M	USD	Annual
Proceeds from issuances of convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$47.00K	USD	Annual
Proceeds from issuances of convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$63.20M	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$10.26M	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$11.42M	USD	Annual
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$13.81M	USD	Annual
Borrowings under collateralized loan obligation	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Borrowings under collateralized loan obligation	`ProceedsFromIssuanceOfSecuredDebt`	$639.90M	USD	Annual
Borrowings under collateralized loan obligation	`ProceedsFromIssuanceOfSecuredDebt`	$1.41B	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	$343.19M	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	$869.89M	USD	Annual
Repayments of collateralized loan obligation	`RepaymentsOfSecuredDebt`	$182.68M	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.87B	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.04B	USD	Annual
Borrowings on repurchase agreements - commercial mortgage loans	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$682.97M	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$1.13B	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$932.42M	USD	Annual
Repayments of repurchase agreements - commercial mortgage loans	`PaymentsFromSecuritiesPurchasedUnderAgreementsToResellLoansReceivable`	$659.17M	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$1.57B	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$2.68B	USD	Annual
Borrowings on repurchase agreements - real estate securities	`ProceedsFromRealEstateSecurityRepurchaseAgreements`	$13.55B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$15.98B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$2.88B	USD	Annual
Repayments of repurchase agreements - real estate securities	`PaymentsForRealEstateSecurityRepurchaseAgreements`	$1.22B	USD	Annual
Proceeds from other financing and loan participation - commercial mortgage loans	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from other financing and loan participation - commercial mortgage loans	`ProceedsFromOtherDebt`	$31.38M	USD	Annual
Proceeds from other financing and loan participation - commercial mortgage loans	`ProceedsFromOtherDebt`	$6.52M	USD	Annual
Repayments on other financing and loan participation - commercial mortgage loans	`RepaymentsOfOtherDebt`	-	USD	Annual
Repayments on other financing and loan participation - commercial mortgage loans	`RepaymentsOfOtherDebt`	-	USD	Annual
Repayments on other financing and loan participation - commercial mortgage loans	`RepaymentsOfOtherDebt`	$10.00M	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	$210.00M	USD	Annual
Borrowings on unsecured debt	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	Annual
Repayments on unsecured debt	`RepaymentsOfUnsecuredDebt`	$160.00M	USD	Annual
Repayments on unsecured debt	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Repayments on unsecured debt	`RepaymentsOfUnsecuredDebt`	-	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	$23.94M	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	$11.71M	USD	Annual
Borrowing on mortgage note payable	`ProceedsFromNotesPayable`	$29.17M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$9.29M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$4.54M	USD	Annual
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$349.00K	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	$11.14M	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	-	USD	Annual
Cash collateral received on interest rate swaps	`ProceedsFromCashCollateralReceivedOnDerivativeInstruments`	-	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	-	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	-	USD	Annual
Proceeds from interest rate swap settlements	`ProceedsFromDerivativeInstrumentFinancingActivities`	$9.12M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$49.79M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$60.61M	USD	Annual
Distributions paid	`PaymentsOfDividends`	$67.95M	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-373.00M	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$-1.14B	USD	Annual
Net cash (used in)/provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$828.58M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.06M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-95.30M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.98M	USD	Annual
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`	$168.20M	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`	$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`	$168.20M	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`	$109.12M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	$140.00K	USD	Annual
Taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Taxes paid	`IncomeTaxesPaid`	$4.40M	USD	Annual
Interest paid	`InterestPaidNet`	$51.05M	USD	Annual
Interest paid	`InterestPaidNet`	$78.90M	USD	Annual
Interest paid	`InterestPaidNet`	$59.82M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$13.90M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$5.11M	USD	Annual
Common stock issued through distribution reinvestment plan	`CommonStockIssuedDividendReinvestmentInvestmentPlan`	$8.81M	USD	Annual
Commercial mortgage loans transferred from held for investment to held for sale	`FinancingReceivableReclassificationToHeldForSale`	$76.98M	USD	Annual
Commercial mortgage loans transferred from held for investment to held for sale	`FinancingReceivableReclassificationToHeldForSale`	$52.62M	USD	Annual
Commercial mortgage loans transferred from held for investment to held for sale	`FinancingReceivableReclassificationToHeldForSale`	-	USD	Annual
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$30.35M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$15.69M	USD	Point-in-time
Distribution payable	`DividendsPayableCurrentAndNoncurrent`	$6.91M	USD	Point-in-time
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	-	USD	Annual
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	-	USD	Annual
Commercial mortgage loans transferred from held for sale to held for investment	`TransferOfLoansHeldForSaleToPortfolioLoans1`	$10.07M	USD	Annual
Real estate owned received in foreclosure	`TransferToOtherRealEstate`	$35.41M	USD	Annual
Real estate owned received in foreclosure	`TransferToOtherRealEstate`	$8.11M	USD	Annual
Real estate owned received in foreclosure	`TransferToOtherRealEstate`	-	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	-	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	-	USD	Annual
Issuances of common stock due to merger	`StockIssuedMergerCommonStock`	$579.53M	USD	Annual
Issuances of Series E preferred stock due to merger	`StockIssuedMergerPreferredStock`	-	USD	Annual
Issuances of Series E preferred stock due to merger	`StockIssuedMergerPreferredStock`	-	USD	Annual
Issuances of Series E preferred stock due to merger	`StockIssuedMergerPreferredStock`	$258.74M	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$98.57M	USD	Annual
Unsecured debt assumed due to merger	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Exchanged for Series F preferred stock	`ReverseStockSplit`	-	USD	Annual
Exchanged for Series F preferred stock	`ReverseStockSplit`	$710.43M	USD	Annual
Exchanged for Series F preferred stock	`ReverseStockSplit`	-	USD	Annual
Conversion of Preferred A stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	Annual
Conversion of Preferred A stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	Annual
Conversion of Preferred A stock to common stock	`ConversionOfStockAmountConverted1`	$127.60M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.07M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$21.88M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.07M	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`	$168.20M	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`	$109.12M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$733.23M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$816.80M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Issuance of new stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	650,034.00	shares	Annual
Issuance of new stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	4.60M	shares	Annual
Issuance of new stock	`StockIssuedDuringPeriodValueNewIssues`	$10.89M	USD	Annual
Issuance of new stock	`StockIssuedDuringPeriodValueNewIssues`	$76.89M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$10.26M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$11.42M	USD	Annual
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$13.81M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$5.11M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$13.91M	USD	Annual
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$8.81M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$211.00K	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$193.00K	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$156.00K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-68.00K	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-1.35M	USD	Annual
Offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-214.00K	USD	Annual
Exchanged for series F preferred stock	`StockIssuedDuringPeriodValueReverseStockSplits`	$710.43M	USD	Annual
Preferred A conversion to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$127.60M	USD	Annual
Net income	`NetIncomeLoss`	$83.92M	USD	Annual
Net income	`NetIncomeLoss`	$25.70M	USD	Annual
Net income	`NetIncomeLoss`	$54.75M	USD	Annual
Distributions declared	`Dividends`	$75.63M	USD	Annual
Distributions declared	`Dividends`	$86.41M	USD	Annual
Distributions declared	`Dividends`	$67.49M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$8.19M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-519.00K	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-7.28M	USD	Annual
Non-controlling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$5.76M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$798.44M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$733.23M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$816.80M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.92M	USD	Annual
Net income	`NetIncomeLoss`	$25.70M	USD	Annual
Net income	`NetIncomeLoss`	$54.75M	USD	Annual
Unrealized gain/(loss) on available for sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-7.28M	USD	Annual
Unrealized gain/(loss) on available for sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-978.00K	USD	Annual
Unrealized gain/(loss) on available for sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$8.26M	USD	Annual
Change in net unrealized gain or loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Change in net unrealized gain or loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Change in net unrealized gain or loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-852.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-790.00K	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for amounts included in net income/(loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.19M	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-978.00K	USD	Annual
Total unrealized gain (loss)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.28M	USD	Annual
Comprehensive income attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$33.90M	USD	Annual
Comprehensive income attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$82.95M	USD	Annual
Comprehensive income attributable to Franklin BSP Realty Trust, Inc.	`ComprehensiveIncomeNetOfTax`	$47.47M	USD	Annual

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